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Cable Update (GBPUSD)

  • #514,401
  • Mar 19, 2020 8:35am Mar 19, 2020 8:35am
Quoting knkie
{quote} not advice just an opinion. I would have dumped the buys sooner. Price seems to be flipping to longs. not for sure yet, H4 is still in the way. SO one method could be to take profit on your short, add a buy if you get a signal and then let it run until you hit the other buys for break even.
Thank you and yeah, I'm owning my mistake just looking for opinions
  • #514,402
  • Mar 19, 2020 8:36am Mar 19, 2020 8:36am
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careful
  • #514,403
  • Mar 19, 2020 8:51am Mar 19, 2020 8:51am
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there is only 1 sense and that’s f...img none sense.. so we can’t go the pub we can’t eat out but we are ok packed on a train .what the duck is going on
  • #514,404
  • Mar 19, 2020 8:59am Mar 19, 2020 8:59am
Quoting msniper
{quote} I dunno about fundamentals I only read charts. so lets think seriously which gonna reach parity first eurusd or gbpusd
That doesn't sound like the low-risk end of a trade. Bring on the volume sell USD, reaping begun. Wall Street will render the USD stale, eventually.
I prefer long-term prospects. I don't see any real risk selling-short USD vs. majors at current price levels.
Count Of Antwerp
  • #514,405
  • Mar 19, 2020 9:01am Mar 19, 2020 9:01am
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yes yes yes
  • #514,406
  • Mar 19, 2020 9:23am Mar 19, 2020 9:23am
Good afternoon ladies and gentlemen. I have been following this thread for a while now. I have been trading with some successes and some losses for a while now. I have read books and have a good basic understanding of trading but am struggling to find a consistent trading methodology. I would like to find consistency and am writing this post in the hope that someone can point me In the right direction of someone willing to share some knowledge with me or a thread that I could read to further my knowledge of trading in this minefield.

many thanks in advance & happy trading to all
  • #514,407
  • Mar 19, 2020 9:51am Mar 19, 2020 9:51am
Try some short here 1.1680
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #514,408
  • Mar 19, 2020 9:52am Mar 19, 2020 9:52am
I reckon a strong hourly close above 1.1680, i.e. not much wick, would be very bullish. What does anybody else think?

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Gone to a better place
  • #514,409
  • Mar 19, 2020 9:53am Mar 19, 2020 9:53am
Quoting smikester
I reckon a strong hourly close above 1.1680, i.e. not much wick, would be very bullish. What does anybody else think? {image}
Yes Mike, I think shorts would look at that and be worried...
Gone to a better place
  • #514,410
  • Mar 19, 2020 9:57am Mar 19, 2020 9:57am
Keep the faith 1750 come on I have that as old tl so it could !! Could be the end . Just note that
  • #514,411
  • Mar 19, 2020 10:00am Mar 19, 2020 10:00am
Wow. Cable to ground control...
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Gone to a better place
  • #514,412
  • Mar 19, 2020 10:03am Mar 19, 2020 10:03am
Quoting elbert3
Keep the faith 1750 come on I have that as old tl so it could !! Could be the end . Just note that
Good work Elbert.
Gone to a better place
  • #514,413
  • Mar 19, 2020 10:11am Mar 19, 2020 10:11am
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Gone to a better place
  • #514,414
  • Mar 19, 2020 10:14am Mar 19, 2020 10:14am
Quoting smikester
{quote} Good work Elbert.
pp is up now on 9 positions to is on 1740 incase of slippage
  • #514,415
  • Mar 19, 2020 10:17am Mar 19, 2020 10:17am
Quoting elbert3
{quote} pp is up now on 9 positions to is on 1740 incase of slippage
Tp is off go manual
  • #514,416
  • Mar 19, 2020 10:18am Mar 19, 2020 10:18am
Quoting Almo2312
Try some short here 1.1680
Closed -40
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #514,417
  • Mar 19, 2020 10:19am Mar 19, 2020 10:19am
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Quoting elbert3
{quote} Tp is off go manual
Just in time
  • #514,418
  • Mar 19, 2020 10:19am Mar 19, 2020 10:19am
Quoting Almo2312
{quote} Closed -40
Opened long at 1.1725
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #514,419
  • Mar 19, 2020 10:23am Mar 19, 2020 10:23am
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trade with confidence. Don’t be afraid set out plan from this morning all worked out hope you guys were on the train
  • #514,420
  • Mar 19, 2020 10:25am Mar 19, 2020 10:25am
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old tl remember. Let’s see what else we can get up to
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