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Cable Update (GBPUSD)

  • #512,501
  • Feb 25, 2020 6:23am Feb 25, 2020 6:23am
Quoting navk
{quote} my statement comes true. good for me and Moty
Perfect pull back to 1.29566
Attached Image (click to enlarge)
Click to Enlarge Name: New Doc 2020-02-25 14.22.44_1.jpg Size: 156 KB
yes yes yes
  • #512,502
  • Feb 25, 2020 6:24am Feb 25, 2020 6:24am
Short term gains for long term pains

Its a proven fact - trading short term swings with no regard for the higher time frames and the overall picture is a sure way to keep blowing your account.

Sometimes you can get lucky if the market has hit a bottom or a top
Follow The Markets Structure - Patience and Discipline
  • #512,503
  • Feb 25, 2020 6:30am Feb 25, 2020 6:30am
1.2780-50 ist the max. number for correction!!

Many expecting 1.25 to 1.21
I don't think so.

Cable will spike up !

Trade your charts...
  • #512,504
  • Feb 25, 2020 6:32am Feb 25, 2020 6:32am
however, below 2950 is not good for bulls.

if anyone long must book profit , by trailing stop at 2950. IMO
Intraday only.
  • #512,505
  • Feb 25, 2020 7:04am Feb 25, 2020 7:04am
Quoting navk
however, below 2950 is not good for bulls. if anyone long must book profit , by trailing stop at 2950. IMO
Would you start selling if it breaks below?
  • #512,506
  • Edited 9:52am Feb 25, 2020 7:18am | Edited 9:52am
Quoting navk
however, below 2950 is not good for bulls. if anyone long must book profit , by trailing stop at 2950. IMO
The bulls are just getting started navk...
Charts don't drive price, market conditions drive price...
  • #512,507
  • Feb 25, 2020 8:22am Feb 25, 2020 8:22am
Quoting Guztro
{quote} The bulla are just getting started navk...
let us see.

I am out from longs anyways.

Tomorrow will have fresh look based on today close.

Why I am out from longs ?

My today target profit reached.

Intraday only.
  • #512,508
  • Feb 25, 2020 8:23am Feb 25, 2020 8:23am
Quoting larrychew
{quote} Would you start selling if it breaks below?
probably yes, but not today.
Intraday only.
  • #512,509
  • Edited 8:37am Feb 25, 2020 8:23am | Edited 8:37am
No panic foe the bulls.
It's only a pull back to the weekly pivot and daily R1 at 1.29500
Today high will be at 1.30200-1.30500
Attached Image(s) (click to enlarge)
Click to Enlarge Name: New Doc 2020-03-02 16.20.44_1.jpg Size: 102 KB
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yes yes yes
  • #512,510
  • Feb 25, 2020 8:25am Feb 25, 2020 8:25am
Quoting Moty
No panic foe the bulls. It's only a pull back to the weekly pivot and daily R1 at 1.29500 Today high will be at 1.30200-1.30500 {image}
what is the period of the MVA you have there?
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #512,511
  • Feb 25, 2020 8:38am Feb 25, 2020 8:38am
Quoting Almo2312
{quote} what is the period of the MVA you have there?
Bollinger bands period 20
Deviation 0.382
Cradit Steven primo
yes yes yes
  • #512,512
  • Feb 25, 2020 8:44am Feb 25, 2020 8:44am
Quoting Moty
{quote} Bollinger bands period 20 Deviation 0.382 Cradit Steven primo
thanks bro
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #512,513
  • Feb 25, 2020 9:10am Feb 25, 2020 9:10am
Quoting Moty
No panic foe the bulls. It's only a pull back to the weekly pivot and daily R1 at 1.29500 Today high will be at 1.30200-1.30500 {image} {image}
Do u liek to tell me what MA setting u use on the chart
  • #512,514
  • Feb 25, 2020 9:13am Feb 25, 2020 9:13am
Quoting SadiaQureshi
{quote} Do u liek to tell me what MA setting u use on the chart
it is a Bollinger bands
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: New Doc 2020-02-25 17.12.57_1.jpg Size: 127 KB
yes yes yes
  • #512,515
  • Feb 25, 2020 9:48am Feb 25, 2020 9:48am
Quoting Moty
{quote}it is a Bollinger bands {image} {image}
Thanks Dear
  • #512,516
  • Feb 25, 2020 10:08am Feb 25, 2020 10:08am
Attached Image (click to enlarge)
Click to Enlarge Name: New Doc 2020-03-25 18.07.57_1.jpg Size: 129 KB
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yes yes yes
  • #512,517
  • Feb 25, 2020 10:11am Feb 25, 2020 10:11am
It was not a smooth sailing today, still managed to get 17 pips out of it.
We learn every day. My expectations are still bullish for this pair. I am out for the day.

Attached Image (click to enlarge)
Click to Enlarge Name: gbp today.png Size: 45 KB
The biggest risk is not taking a risk.
  • #512,518
  • Edited 1:55pm Feb 25, 2020 1:39pm | Edited 1:55pm
Attachment g
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GU.png Size: 41 KB
Click to Enlarge Name: EG.png Size: 38 KB
yes yes yes
  • #512,519
  • Edited 2:13pm Feb 25, 2020 1:40pm | Edited 2:13pm
Quoting OnlineAddict
Nice bear trap there below 2900. From there probably long most of the week...
GU has become the easiest pair to predict in 2020...everything else is messed up due to Corona, but GU is still nicely technical.
Everyone can see the chart, but only a few can actually read it.
  • #512,520
  • Feb 25, 2020 4:41pm Feb 25, 2020 4:41pm
Worst case scenario, I'll go out with 40 pips as now at the pull Back to the break point tomorrow morning,
or i will go out at 70 if the price goes up again.
either way , Shame on me for missing this canal
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GU1.png Size: 35 KB
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Click to Enlarge Name: EG.png Size: 27 KB
Click to Enlarge Name: EG1.png Size: 35 KB
yes yes yes
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