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Cable Update (GBPUSD)

  • #512,981
  • Mar 2, 2020 3:19am Mar 2, 2020 3:19am
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  • #512,982
  • Mar 2, 2020 4:50am Mar 2, 2020 4:50am
no one else is shorting this???
its a gold mine today..


SELL 2765
in wondering about yourself, you forgot what you came here to be part of
  • #512,983
  • Mar 2, 2020 5:03am Mar 2, 2020 5:03am
Quoting knkie
no one else is shorting this??? its a gold mine today.. SELL 2765

Yes, shorted @2776 target around the 2585 level, will post trade chart later. Im not 100% with this trade as it may be going into a sideways pattern on H1 , will try to get stop at b/e asap
Follow The Markets Structure - Patience and Discipline
  • #512,984
  • Mar 2, 2020 5:15am Mar 2, 2020 5:15am
Quoting pipfarm
{quote} Yes, shorted @2776 target around the 2585 level, will post trade chart later. Im not 100% with this trade as it may be going into a sideways pattern on H1 , will try to get stop at b/e asap

Stop @b/e looks like 1H 15m going into some expanding triangle pattern so will prob get stopped out
Follow The Markets Structure - Patience and Discipline
  • #512,985
  • Mar 2, 2020 5:17am Mar 2, 2020 5:17am
M5
Bought in Range

s. Chart

atb vvm
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PA Trading with EMAs & common Sense
  • #512,986
  • Mar 2, 2020 5:19am Mar 2, 2020 5:19am
Quoting pipfarm
{quote} Yes, shorted @2776 target around the 2585 level, will post trade chart later. Im not 100% with this trade as it may be going into a sideways pattern on H1 , will try to get stop at b/e asap
maybe its true.... but i need waiting tommorow to calculation
  • #512,987
  • Mar 2, 2020 5:27am Mar 2, 2020 5:27am
Quoting corongumet
{quote} maybe its true.... but i need waiting tommorow to calculation

it did not look right to me so anyway stopped out a@b/e no harm done
Follow The Markets Structure - Patience and Discipline
  • #512,988
  • Mar 2, 2020 5:29am Mar 2, 2020 5:29am
Quoting pipfarm
{quote} it did not look right to me so anyway stopped out a@b/e no harm done
ok. i have trading rule, so keep calm.
  • #512,989
  • Mar 2, 2020 5:32am Mar 2, 2020 5:32am
Quoting pipfarm
{quote} Yes, shorted @2776 target around the 2585 level, will post trade chart later. Im not 100% with this trade as it may be going into a sideways pattern on H1 , will try to get stop at b/e asap
nice.
just like you i got stopped out +4 pips
in wondering about yourself, you forgot what you came here to be part of
  • #512,990
  • Mar 2, 2020 5:34am Mar 2, 2020 5:34am
M5

Moved SL to BE
TP to 1.2798

atb vvm
PA Trading with EMAs & common Sense
  • #512,991
  • Mar 2, 2020 5:37am Mar 2, 2020 5:37am
Quoting knkie
{quote} nice. just like you i got stopped out +4 pips

Looks like they want to shake the tree a bit more before going down
Follow The Markets Structure - Patience and Discipline
  • #512,992
  • Mar 2, 2020 5:47am Mar 2, 2020 5:47am
M5
Closed manually +21

atb vvm
PA Trading with EMAs & common Sense
  • #512,993
  • Mar 2, 2020 6:05am Mar 2, 2020 6:05am
Thoughts anyone?
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  • #512,994
  • Mar 2, 2020 6:51am Mar 2, 2020 6:51am
M30 seems to be flipping to the north side.
nothing set in stone, but i would not be surprised if there is a run for the bulls.
in wondering about yourself, you forgot what you came here to be part of
  • #512,995
  • Mar 2, 2020 6:56am Mar 2, 2020 6:56am
Knkie i am also thinking of that my self view i will buy 2730 if it touch down i am bullish for 3 weeks lets see am i right or not
To Win You Must Loss Something ...
  • #512,996
  • Mar 2, 2020 7:00am Mar 2, 2020 7:00am
Quoting Samirmirzad
Knkie i am also thinking of that my self view i will buy 2730 if it touch down i am bullish for 3 weeks lets see am i right or not
M30 should break and close above 2782.
if it shoots thru wait for a pullback on M5.

If it rejects this level im short below 2756
in wondering about yourself, you forgot what you came here to be part of
  • #512,997
  • Mar 2, 2020 7:11am Mar 2, 2020 7:11am
It will go down, the problem is how far we are down in the swing from the daily , these small waves are where the market makers make it difficult for retail traders that means on the corrective swings the patterns can be difficult to trade
Follow The Markets Structure - Patience and Discipline
  • #512,998
  • Mar 2, 2020 7:28am Mar 2, 2020 7:28am
Quoting pipfarm
It will go down, the problem is how far we are down in the swing from the daily , these small waves are where the market makers make it difficult for retail traders that means on the corrective swings the patterns can be difficult to trade
agreed.
The thing i dont like is that H4 did not swing to a new LL.
It could be making a HL at this point.
Thats why H1 & M30 are crucial now for determining what will happen.
just my opinion
in wondering about yourself, you forgot what you came here to be part of
  • #512,999
  • Mar 2, 2020 7:33am Mar 2, 2020 7:33am
nice circus is going on lol but as i sees the daily candle will close up or same place where it opened today
To Win You Must Loss Something ...
  • #513,000
  • Mar 2, 2020 7:38am Mar 2, 2020 7:38am
Quoting knkie
{quote} agreed. The thing i dont like is that H4 did not swing to a new LL. It could be making a HL at this point. Thats why H1 & M30 are crucial now for determining what will happen. just my opinion


It could well be making a higher low or if you look at it on the H1 it could be a double sideways pattern, that is why i advise staying away from trading this low in the swing.

The only way to be sure of a continuation is take the break of the 2724 low
Follow The Markets Structure - Patience and Discipline
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