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Cable Update (GBPUSD)

  • #512,301
  • Feb 20, 2020 4:32am Feb 20, 2020 4:32am
VroooooM
just for a cup of coffee...
  • #512,302
  • Edited 5:08am Feb 20, 2020 4:34am | Edited 5:08am
buy 1.29248
SL 1.28827
TP 1.29698

Sell 1.28827
SL. 1.29248
TP 1.28377

every +200 Pending order touched, change to BE. Thanks\

my technique uses only price, + support and resistance. do not use other supporting indicators, other than the price itself

Trade Safe

Coro
Attached Image (click to enlarge)
Click to Enlarge Name: Capture 57.PNG Size: 58 KB
  • #512,303
  • Feb 20, 2020 4:41am Feb 20, 2020 4:41am
Quoting msniper
{quote} that's correct pattern I think. and its matching near my TP at 1.291x
bat fail.
2821 is a target and support, after that i may return to 3074 which it missed.
  • #512,304
  • Feb 20, 2020 4:47am Feb 20, 2020 4:47am
12775 but its not going back over 1.3 if it breaks now less than 10 pips down to break
Quoting longshot_nl
{quote} bat fail. 2821 is a target and support, after that i may return to 3074 which it missed.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #512,305
  • Feb 20, 2020 4:52am Feb 20, 2020 4:52am
Attached Image (click to enlarge)
Click to Enlarge Name: 01 GBPUSD-Weekly.png Size: 55 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #512,306
  • Feb 20, 2020 4:53am Feb 20, 2020 4:53am
yes, 2870 likely to break. May be in NY open
Intraday only.
  • #512,307
  • Feb 20, 2020 5:16am Feb 20, 2020 5:16am
Quoting navk
yes, 2870 likely to break. May be in NY open
KaBooooM
just for a cup of coffee...
  • #512,308
  • Feb 20, 2020 5:21am Feb 20, 2020 5:21am
Quoting Guztro
Long trades entered, pit-stop @1.3125, then onto 1.3210. Stay Green All, till next week. Guz

Still long?

Crushed
Follow The Markets Structure - Patience and Discipline
  • #512,309
  • Feb 20, 2020 5:25am Feb 20, 2020 5:25am
Hi Guys,

Today I came across a new thread opened by someone for GBP H4 Breakout. I was trying to see the past candles as per the strategy and it works for more than 85% of the time. As many are trading GBPUSD here though it might be useful for some people as well.

https://www.forexfactory.com/showthread.php?t=981779
  • #512,310
  • Feb 20, 2020 5:36am Feb 20, 2020 5:36am
Sell 1.2865 tp 1.2693
  • #512,311
  • Feb 20, 2020 5:39am Feb 20, 2020 5:39am
Quoting pipfarm
{quote} Still long? Crushed
pipfarm, I want you to read my last post to you last week, let it sink in. I meant what I said, so I'll again be the grown-up and say, I have honestly moved on from guys like you.

Cheers
Guz
Charts don't drive price, market conditions drive price...
  • #512,312
  • Feb 20, 2020 5:41am Feb 20, 2020 5:41am
Quoting Guztro
{quote} pipfarm, I want you to read my last post to you last week, let it sink in. I meant what I said, so I'll again be the grown-up and say, I have honestly moved on from guys like you. Cheers Guz

Follow The Markets Structure - Patience and Discipline
  • #512,313
  • Feb 20, 2020 5:43am Feb 20, 2020 5:43am
Quoting longshot_nl
{quote} bat fail. 2821 is a target and support, after that i may return to 3074 which it missed.
changed my mind. this is what it wants.
it missed 3074 for a reason.

Attached Image (click to enlarge)
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  • #512,314
  • Feb 20, 2020 5:50am Feb 20, 2020 5:50am
yes, now search to buy... target close to 2900
Intraday only.
  • #512,315
  • Feb 20, 2020 5:54am Feb 20, 2020 5:54am
Inserted Video
  • #512,316
  • Feb 20, 2020 5:55am Feb 20, 2020 5:55am
Quoting Bones
? {image}
Attached Image (click to enlarge)
Click to Enlarge Name: 2 GBPJPY-4-hours.png Size: 20 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #512,317
  • Feb 20, 2020 5:57am Feb 20, 2020 5:57am
Quoting how-did
{quote} Despite better CPI yesterday and better Retail Sales today, GBP is falling. What is going on?
I tell you.
Another account bite the dust
yes yes yes
  • #512,318
  • Feb 20, 2020 5:57am Feb 20, 2020 5:57am
I think its under control by USDJPY at the moment

I can see USDJPY topping around 112.80 and go back to 108

so GBPJPY might hit 145ish then down I guess
  • #512,319
  • Feb 20, 2020 5:57am Feb 20, 2020 5:57am
Quoting Bones
12775 but its not going back over 1.3 if it breaks now less than 10 pips down to break {quote}
It will probably come back to 3209 its normal.
I think maybe after 2736.
  • #512,320
  • Feb 20, 2020 5:59am Feb 20, 2020 5:59am
Quoting Moty
{quote} I tell you. Another account bite the dust
when you see the burst, just get out of wrong trades.

I too accepted losses at 29735 knowing it would break
Intraday only.
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