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Cable Update (GBPUSD)

  • #511,781
  • Feb 13, 2020 8:20am Feb 13, 2020 8:20am
Quoting Moty
{image} {image}
keep selling!!! love the money
  • #511,782
  • Feb 13, 2020 8:31am Feb 13, 2020 8:31am
Quoting shahab8b
I'm thinking this {image}
shahab8b, we still have plenty of corrective patterns to choose from...
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Always trade your own plan...I don't provide trading signals.
  • #511,783
  • Feb 13, 2020 8:38am Feb 13, 2020 8:38am
Quoting Georginson
Anticipated low this February is 1.28xx and expected high is 1.34xx. February in summary is expected to end bullish. This pair humiliated me in 2019 but battle ready for you this 2020. Bring it on Pound!
When I said this when market was about to close last week Friday, I got some thumb down. Now it's playing out gradually, price will end bullish this February... 1.3200 in few days time... Then a possible Crack of 1.34xx this same February. Peace and trade with discretion.
Data + Stat + Risk/Emotions Management
  • #511,784
  • Feb 13, 2020 8:41am Feb 13, 2020 8:41am
Hi Guys,

Gu looking rather bullish, screaming up. The pound has decoupled from the euro. EurGbp screaming down. Anyway have to look for clues for a reversal in EurGbp. One thing is clear is that the pound is much stronger than the dollar at the mo, and the dollar much stronger than the Euro.

All the best
Cheers.
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Trade to trade another day
  • #511,785
  • Feb 13, 2020 8:48am Feb 13, 2020 8:48am
Quoting pipfarm
{quote} Your scenario is highly valid but is dependent on the 3070 level being broken and retested on the other hand if 2970 is not broken and we start to see a significant move down back through the 2943 level then it is most likely headed to 2820
On Feb.04 @Hezam warned us about this possibility...https://www.forexfactory.com/showthr...9#post12737439
Always trade your own plan...I don't provide trading signals.
  • #511,786
  • Feb 13, 2020 9:12am Feb 13, 2020 9:12am
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yes yes yes
  • #511,787
  • Feb 13, 2020 9:20am Feb 13, 2020 9:20am
trade safe.
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  • #511,788
  • Feb 13, 2020 9:23am Feb 13, 2020 9:23am
Quoting Coreg2004
{quote} shahab8b, we still have plenty of corrective patterns to choose from... {image} {image}
Yea I know, it gets confusing very fast. It seems you are very into EW. Also check out "Mastering Elliot Wave" by Glenn Neely, if you haven't
  • #511,789
  • Feb 13, 2020 9:46am Feb 13, 2020 9:46am
Quoting shahab8b
{quote} Yea I know, it gets confusing very fast. It seems you are very into EW. Also check out "Mastering Elliot Wave" by Glenn Neely, if you haven't
Thanks, shahab8b, no I haven't read this book...I have other books on the subject of EW but try to keep it simple because my setup time frame is 30M so I need to quickly recognize the pattern and take action. Yes, I am aware of what's going on on a daily chart...my whole trading plan for EW is contained in this link...
http://forex-indicators.net/cycle-in...ott-waves/plan
Always trade your own plan...I don't provide trading signals.
  • #511,790
  • Feb 13, 2020 10:31am Feb 13, 2020 10:31am
Todays jump uppward (that i maybe wrong have now shorted at the top), why was the move? He fired and his cabinet a few quit, by why the jump upwards?

did the financial minister have a to large saving package or something???
  • #511,791
  • Feb 13, 2020 11:08am Feb 13, 2020 11:08am
Quoting krst8
Todays jump uppward (that i maybe wrong have now shorted at the top), why was the move? He fired and his cabinet a few quit, by why the jump upwards? did the financial minister have a to large saving package or something???
Trade your chat mate. This pair is beyond news... I remember telling you it will be going up and will not rest until it touches 1.34xx. Some dips will present another buying opportunity
Data + Stat + Risk/Emotions Management
  • #511,792
  • Feb 13, 2020 11:17am Feb 13, 2020 11:17am
Quoting Georginson
{quote} Trade your chat mate. This pair is beyond news... I remember telling you it will be going up and will not rest until it touches 1.34xx. Some dips will present another buying opportunity

May I ask why you believe so?
  • #511,793
  • Feb 13, 2020 12:38pm Feb 13, 2020 12:38pm
Everyone presents their vision of the future on the market so I will also leave something of my own. But I won't defend her and take offense at criticism
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  • #511,794
  • Feb 13, 2020 12:48pm Feb 13, 2020 12:48pm
Quoting ozalid
Everyone presents their vision of the future on the market so I will also leave something of my own. But I won't defend her and take offense at criticism {image}
whats that time frame?
LOCK IN RE-ENTER
  • #511,795
  • Feb 13, 2020 1:00pm Feb 13, 2020 1:00pm
Quoting mistaouting
{quote} whats that time frame?
monthly
  • #511,796
  • Feb 13, 2020 1:11pm Feb 13, 2020 1:11pm
Quoting ozalid
{quote} monthly

I originally had that flag on the daily chart and when it broke below I gained some pips on shorts thinking it was going to dive but never showed downward momentum

Thanks for the reply. Ill keep a eye on that formation and see if it holds...but looks like its going keep moving up for the next few days
LOCK IN RE-ENTER
  • #511,797
  • Feb 13, 2020 2:03pm Feb 13, 2020 2:03pm
Quoting mistaouting
{quote} I originally had that flag on the daily chart and when it broke below I gained some pips on shorts thinking it was going to dive but never showed downward momentum Thanks for the reply. Ill keep a eye on that formation and see if it holds...but looks like its going keep moving up for the next few days
Possible. However, I think that you can draw everything and everything can happen in this perspective. It treats long-term gaming as an add-on only part of the capital. Therefore, it primarily scalps on a low minute chart two to three hours a day
  • #511,798
  • Feb 13, 2020 2:32pm Feb 13, 2020 2:32pm
Quoting Guztro
{quote} Thanks Coreg2004. corongumet I have the ebook, but it's too big to attach here. PM me your email address, I'll make a plan to get it to you. Cheers Guz

I have been following your posts...like your style...please I sent a private message...a response would be highly appreciated
  • #511,799
  • Feb 13, 2020 5:13pm Feb 13, 2020 5:13pm
Quoting gman2929
{quote} May I ask why you believe so?
I have explained this on my previous posts... Last week Friday at market close.
Data + Stat + Risk/Emotions Management
  • #511,800
  • Feb 13, 2020 6:49pm Feb 13, 2020 6:49pm
today range 3018 to 3092. Play as you wish.
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Intraday only.
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