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Cable Update (GBPUSD)

  • #518,201
  • Apr 29, 2020 7:44am Apr 29, 2020 7:44am
Quoting Coreg2004
{quote} these links might be helpful...http://forex-indicators.net/cycle-in...tt-waves/rules https://www.profitf.com/articles/pat...ttern-trading/
Thanks... I will learning step by step
  • #518,202
  • Apr 29, 2020 7:44am Apr 29, 2020 7:44am
Quoting Coreg2004
A possible play on daily TF... {image}
....although I think we may still be in the middle of wave 5 up to 1.27xx....
We'll wait and see.
Lost....
  • #518,203
  • Apr 29, 2020 7:44am Apr 29, 2020 7:44am
Quoting Coreg2004
{quote} these links might be helpful...http://forex-indicators.net/cycle-in...tt-waves/rules https://www.profitf.com/articles/pat...ttern-trading/
Thanks... I will learn about it step by step
  • #518,204
  • Apr 29, 2020 7:44am Apr 29, 2020 7:44am
Quoting Moty
20 pips booked i have a big apatite {image}
Set TP @ 1.24650
WT
  • #518,205
  • Apr 29, 2020 7:53am Apr 29, 2020 7:53am
Testing the daily open line at 1.2425
Gone to a better place
  • #518,206
  • Apr 29, 2020 7:57am Apr 29, 2020 7:57am
Attached Image (click to enlarge)
Click to Enlarge Name: 84B37DE7-D0E6-403C-B290-973E463C5C99.png Size: 387 KB
well that was a none event
  • #518,207
  • Apr 29, 2020 8:00am Apr 29, 2020 8:00am
Quoting elbert3
{image} well that was a none event

What do your lines mean? Should we short at 1.2430? Cause I am long now
  • #518,208
  • Apr 29, 2020 8:01am Apr 29, 2020 8:01am
Quoting varun76
{image}
So are you shorting now, or waiting to buy at the green line?
  • #518,209
  • Apr 29, 2020 8:02am Apr 29, 2020 8:02am
IMO I think we will get to 1.25 again
  • #518,210
  • Apr 29, 2020 8:08am Apr 29, 2020 8:08am
Quoting joesherwood
IMO I think we will get to 1.25 again
Possible, looks like some momentum shift. At least 1.246x retest is likely. Nothing sure of course ...
Fix up, trade sharp ...
  • #518,211
  • Apr 29, 2020 8:15am Apr 29, 2020 8:15am
I may add to my shorts at 1.2447

Attached Image (click to enlarge)
Click to Enlarge Name: GbpUsd200429h1.png Size: 46 KB
Gone to a better place
  • #518,212
  • Apr 29, 2020 8:21am Apr 29, 2020 8:21am
Quoting Coreg2004
{quote} these links might be helpful...http://forex-indicators.net/cycle-in...tt-waves/rules https://www.profitf.com/articles/pat...ttern-trading/
Thanks Coreg. Do you mind if I use that link too?
Gone to a better place
  • #518,213
  • Apr 29, 2020 8:24am Apr 29, 2020 8:24am
Long play ? No no
Is opposite
  • #518,214
  • Apr 29, 2020 8:30am Apr 29, 2020 8:30am
Quoting smikester
{quote} Thanks Coreg. Do you mind if I use that link too?
of course, not...we are here to help each other.
Attached Image (click to enlarge)
Click to Enlarge Name: GU04.29.30M.b.png Size: 97 KB
Always trade your own plan...I don't provide trading signals.
  • #518,215
  • Apr 29, 2020 8:32am Apr 29, 2020 8:32am
Quoting Coreg2004
{quote} navk, it took market 6 days to form (a) leg so the expectation is that it takes 3-6 days to form leg (c) and for today a possible play on 30M TF {image}
It does not happen on ranging days,but on a trending day.

Quickly took long and closed 38 pips.
Intraday only.
  • #518,216
  • Apr 29, 2020 8:46am Apr 29, 2020 8:46am
Attached Image (click to enlarge)
Click to Enlarge Name: 1C7FCC7A-FBA5-4A8E-BD7C-F58D51C6C594.png Size: 387 KB
61.8% here 2470 it the tl
  • #518,217
  • Apr 29, 2020 8:55am Apr 29, 2020 8:55am
Magic ball do your magic?
  • #518,218
  • Apr 29, 2020 8:55am Apr 29, 2020 8:55am
Quoting elbert3
{image} 61.8% here 2470 it the tl
What do you mean? None of your trend lines touch 1.2470 I am confused now
  • #518,219
  • Apr 29, 2020 8:57am Apr 29, 2020 8:57am
Quoting navk
{quote} It does not happen on ranging days,but on a trending day. Quickly took long and closed 38 pips.
I didn't take this long, I was preoccupied with chasing my exit from overnight short (missed my limit target by less than 1 pip - AB=CD+2.5 pips on my 30M chart)
Always trade your own plan...I don't provide trading signals.
  • #518,220
  • Apr 29, 2020 9:05am Apr 29, 2020 9:05am
Quoting Coreg2004
{quote} I didn't take this long, I was preoccupied with chasing my exit from overnight short (missed my limit target by less than 1 pip - AB=CD+2.5 pips on my 30M chart)
I think its short but i hope can touch my tp.
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