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Cable Update (GBPUSD)

  • #515,021
  • Mar 31, 2020 4:47am Mar 31, 2020 4:47am
Quoting Almo2312
Buy 1.2350 for 40
Better next time to take 20 ..i could be after this trade already.. and not be stuck with this mf
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #515,022
  • Mar 31, 2020 5:31am Mar 31, 2020 5:31am
Quoting Almo2312
Buy 1.2350 for 40
TP HITTED
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #515,023
  • Mar 31, 2020 5:40am Mar 31, 2020 5:40am
Attached Image (click to enlarge)
Click to Enlarge Name: gu15.png Size: 38 KB
yes yes yes
  • #515,024
  • Mar 31, 2020 6:16am Mar 31, 2020 6:16am
M15 have closed above pivot.
  • #515,025
  • Mar 31, 2020 6:24am Mar 31, 2020 6:24am
Quoting pipfarm
The larger trend is up which is a corrective swing on daily so the current hourly smaller downtrend is possibly a correction to go long, would need confirmation of the resumption of the larger trend to trade it, otherwise the smaller correction could still be in play. Also remember the daily is in a downtrend so if the current move up is a correction then the daily downtrend could resume at any time {image}
A smaller uptrend would confirm the continuation of the larger trend, some may use other methods like the trend line break

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 24 KB
Follow The Markets Structure - Patience and Discipline
  • #515,026
  • Mar 31, 2020 6:56am Mar 31, 2020 6:56am
Quoting pipfarm
{quote} A smaller uptrend would confirm the continuation of the larger trend, some may use other methods like the trend line break {image}
Lets see until closing of daily candle... I agree with your opinion. Correction maybe 1.27 and drop again.
  • #515,027
  • Mar 31, 2020 7:17am Mar 31, 2020 7:17am
Quoting pipfarm
{quote} A smaller uptrend would confirm the continuation of the larger trend, some may use other methods like the trend line break {image}
just broke 2425 resistance so let’s see if it can stay that way . Regards
  • #515,028
  • Mar 31, 2020 7:19am Mar 31, 2020 7:19am
2480 is the big one 1.. it might pick up speed and find buy orders 2. Might just kick ass and drop at 2500 so carful I have it right on 4 hour tl
  • #515,029
  • Mar 31, 2020 7:21am Mar 31, 2020 7:21am
2413 load might get it 2372 bottom tl
  • #515,030
  • Mar 31, 2020 7:49am Mar 31, 2020 7:49am
Quoting elbert3
2480 is the big one 1.. it might pick up speed and find buy orders 2. Might just kick ass and drop at 2500 so carful I have it right on 4 hour tl
Were you ready . Pp was well on 12 trades all stopped out 2418
  • #515,031
  • Mar 31, 2020 7:49am Mar 31, 2020 7:49am
Quoting elbert3
2413 load might get it 2372 bottom tl
As above
  • #515,032
  • Mar 31, 2020 7:52am Mar 31, 2020 7:52am
London fixing happening.
This is a good sign.
  • #515,033
  • Mar 31, 2020 7:55am Mar 31, 2020 7:55am
what just caused that sudden down movement?
  • #515,034
  • Mar 31, 2020 7:56am Mar 31, 2020 7:56am
Quoting joesherwood
what just caused that sudden down movement?
Stops-hunting by the big boys.
Lost....
  • #515,035
  • Mar 31, 2020 7:56am Mar 31, 2020 7:56am
Quoting elbert3
2413 load might get it 2372 bottom tl
Did you buy it .
  • #515,036
  • Mar 31, 2020 7:57am Mar 31, 2020 7:57am
Quoting joesherwood
what just caused that sudden down movement?
Mr. D just tweeted
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #515,037
  • Mar 31, 2020 7:57am Mar 31, 2020 7:57am
Quoting elbert3
{quote} Did you buy it .
Stripping out positions . Long on the top for a load
  • #515,038
  • Mar 31, 2020 8:03am Mar 31, 2020 8:03am
Attached Image (click to enlarge)
Click to Enlarge Name: gu15.png Size: 29 KB
yes yes yes
  • #515,039
  • Mar 31, 2020 8:12am Mar 31, 2020 8:12am
Quoting joesherwood
what just caused that sudden down movement?
That was the daily London fix (4 PM London time).
The trader IS the holy grail.
  • #515,040
  • Mar 31, 2020 8:24am Mar 31, 2020 8:24am
Quoting corongumet
{quote} Lets see until closing of daily candle... I agree with your opinion. Correction maybe 1.27 and drop again.
If. 1.2484 break its my confirmation
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