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Cable Update (GBPUSD)

  • #512,061
  • Feb 17, 2020 11:16pm Feb 17, 2020 11:16pm
Its time to fly
Attached Image (click to enlarge)
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  • #512,062
  • Feb 17, 2020 11:18pm Feb 17, 2020 11:18pm
Quoting Robinhood1
In my opinion cable will turn south around 13135 down to 12870 aprox.
My targets have moved to 13150 going up and 12820 after turning
POSTMASTER
  • #512,063
  • Feb 17, 2020 11:29pm Feb 17, 2020 11:29pm
Quoting navk
ho {image} {image}
You switching to buy?
  • #512,064
  • Feb 17, 2020 11:32pm Feb 17, 2020 11:32pm
Attached Image (click to enlarge)
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Attached Image (click to enlarge)
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Attached Image (click to enlarge)
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Attached Image (click to enlarge)
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yes yes yes
  • #512,065
  • Feb 17, 2020 11:34pm Feb 17, 2020 11:34pm
Quoting larrychew
{quote} You switching to buy?
yes
Intraday only.
  • #512,066
  • Feb 17, 2020 11:45pm Feb 17, 2020 11:45pm
Quoting navk
{quote} yes
You got an SL and a TP?
  • #512,067
  • Feb 17, 2020 11:46pm Feb 17, 2020 11:46pm
s1 tested.

Now R1 today probably.

3000 to break when London opens?

2960 also not ruled out.
Intraday only.
  • #512,068
  • Feb 17, 2020 11:47pm Feb 17, 2020 11:47pm
Quoting larrychew
{quote} You got an SL and a TP?
below 2950, long not advisable.
Intraday only.
  • #512,069
  • Feb 17, 2020 11:48pm Feb 17, 2020 11:48pm
Quoting navk
s1 tested. Now R1 today probably. 3000 to break when London opens? 2960 also not ruled out.
Where do you see S1 tested? On the daily pivot timeframe? It hasn't tested it yet on my chart.
  • #512,070
  • Feb 17, 2020 11:50pm Feb 17, 2020 11:50pm
Quoting navk
s1 tested. Now R1 today probably. 3000 to break when London opens? 2960 also not ruled out.
look at the eg .
got support at 0.83034 , very strong support there .
right now we have 2 LHand 2 LL at the last 2 days in the gu.
price is below daily and weekly pivot and below the 50 sma.
this is the mother of all shorts.
wait for the data at 9:30 cet
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: GU.png Size: 34 KB
yes yes yes
  • #512,071
  • Feb 17, 2020 11:52pm Feb 17, 2020 11:52pm
today is the news day for the cable, buy or sell should hold on till after the news
  • #512,072
  • Feb 18, 2020 12:11am Feb 18, 2020 12:11am
Quoting gespiri
Bought at 1.2987 for 35 pips. SL at BE. I think this will continue down to 1.2957-1.2962 sometime today then up.
She's going down to 1.2960s....
Lost....
  • #512,073
  • Feb 18, 2020 12:13am Feb 18, 2020 12:13am
stay agreen....
  • #512,074
  • Feb 18, 2020 12:13am Feb 18, 2020 12:13am
the drop is here
Attached Image (click to enlarge)
Click to Enlarge Name: GU.png Size: 50 KB
yes yes yes
  • #512,075
  • Feb 18, 2020 12:15am Feb 18, 2020 12:15am
its comfirm, i think will make Wave 1.
Attached Image (click to enlarge)
Click to Enlarge Name: download 9.png Size: 65 KB
  • #512,076
  • Feb 18, 2020 12:16am Feb 18, 2020 12:16am
Quoting Lu10mg
{quote} Cut -7 pip sell 1.3033 tp 1.2980
Tp hit
  • #512,077
  • Feb 18, 2020 12:16am Feb 18, 2020 12:16am
Price is between s/r support 2940 resistance 3070

Not something i trade, will wait for a break either way then look for a trade

If support breaks wait for a retest then short the hell out of it down to 2825 maybe even 2770 and then longer term we might be back on for the test of 2585
Follow The Markets Structure - Patience and Discipline
  • #512,078
  • Feb 18, 2020 12:20am Feb 18, 2020 12:20am
i like retest 2920 area and wait break or no...
  • #512,079
  • Feb 18, 2020 12:25am Feb 18, 2020 12:25am
Sell gu 1.2987 tp 1.2947 sl 1.3000
  • #512,080
  • Feb 18, 2020 12:33am Feb 18, 2020 12:33am
potencial head and shoulders pattern 4H . If hour candle closes below 1.29850 that means it going to continue down to :
right arm 1.29430 .
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