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Cable Update (GBPUSD)

  • #520,181
  • May 13, 2020 10:37am May 13, 2020 10:37am
Quoting pipfarm
Most probably a retest of 1.2000 area , old support became new resistance with the massive up move after the drop back in March, so either a retest before reversing long or a continutation down below 1.2000

Its been bearish since the break of 2393 reversing the correction , only thing is , none of you spotted it


Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH4.png Size: 32 KB
Follow The Markets Structure - Patience and Discipline
  • #520,182
  • May 13, 2020 10:39am May 13, 2020 10:39am
Guys & Gals - does anyone use the MyFXBook tracker? If so, how do I make it live? So it updates regularly, seems to be once every 8 hours at the minute.

Using MT4, on a mac. No idea if the mac is half the problem. Cheers.
Focus.
  • #520,183
  • May 13, 2020 10:39am May 13, 2020 10:39am
Quoting joesherwood
{quote} great stuff like always. My broker would hate me if I withdrew everyday
do not tell my broker about my plan.

This is confidential.

Intraday only.
  • #520,184
  • May 13, 2020 10:40am May 13, 2020 10:40am
Quoting navk
this is fast drop. A quick recovery too, I am expecting, if not now, may be in Asia.
Bro,

Amazing analysis....

Keep your working posted so that people can benefit...
  • #520,185
  • May 13, 2020 10:40am May 13, 2020 10:40am
Quoting pipfarm
{quote} none of you spotted it {image}
That's old news for an intraday trader.
Focus.
  • #520,186
  • May 13, 2020 10:45am May 13, 2020 10:45am
Quoting Moty
{quote} yes . the bull run is coming {image}
yes the bulls caught my attention today.
I am also waiting if this bull is strong ... or if this support is good.
  • #520,187
  • May 13, 2020 10:50am May 13, 2020 10:50am
Should go more down..
  • #520,188
  • May 13, 2020 10:52am May 13, 2020 10:52am
Quoting elbert3
{quote} Yes 2220 was left untouched keeping my long hedged short under that tl I posted stop 5 pips above that line
So we are getting the short targets also . It one targeted it for to the one should flip back the trade .
  • #520,189
  • May 13, 2020 10:58am May 13, 2020 10:58am
smell some bears that miss early train..
they just in play..
KaBooooM
just for a cup of coffee...
  • #520,190
  • May 13, 2020 11:07am May 13, 2020 11:07am
Quoting Marco-Kanto
{quote} Sorry O - you mean do I only use Fibo Pivots?
yes
  • #520,191
  • May 13, 2020 11:15am May 13, 2020 11:15am
Quoting ozalid
{quote} yes
Yes, mainly. I'm not doing anything exciting or new, my system is 98% Davit's system.
Focus.
  • #520,192
  • May 13, 2020 11:16am May 13, 2020 11:16am
Attached Image (click to enlarge)
Click to Enlarge Name: 96BDEA76-3CE4-4EDA-8E86-C0F21ABC409A.png Size: 253 KB
It’s short again off 2220 . 1950 should be next . Tl attractions
  • #520,193
  • May 13, 2020 11:25am May 13, 2020 11:25am
Sneeeeqyyy cable
  • #520,194
  • May 13, 2020 11:27am May 13, 2020 11:27am
Price brushing FIBO/WS78, 1.22137. Maybe this will stop it for today.
Focus.
  • #520,195
  • May 13, 2020 11:28am May 13, 2020 11:28am
Bought now at 1.2220 a much better price than the earlier closed 1.2330. Possible risk is 1 2160 possible profit is 1.2400.
Data + Stat + Risk/Emotions Management
  • #520,196
  • May 13, 2020 11:32am May 13, 2020 11:32am
Quoting pipfarm
{quote} Its been bearish since the break of 2393 reversing the correction , only thing is , none of you spotted it {image}
Don't you think "none" is a little too extreme? Made over 500 pips today from shorts on this pair. Still short from 2330 and holding!
  • #520,197
  • May 13, 2020 11:34am May 13, 2020 11:34am
Quoting elbert3
Sneeeeqyyy cable
you know they do this to take out the money.

lol
Intraday only.
  • #520,198
  • May 13, 2020 11:40am May 13, 2020 11:40am
Holding onto my buys, but also hedged. Will leave it till tomorrow, I feel it still might go down more.
Patience and Discipline.
  • #520,199
  • May 13, 2020 12:09pm May 13, 2020 12:09pm
caution needed.

https://www.forexlive.com/news/!/cab...n-low-20200513
Intraday only.
  • #520,200
  • May 13, 2020 1:00pm May 13, 2020 1:00pm
Quoting navk
{quote} you know they do this to take out the money. lol
Stealth lol we will find them we will catch them . Lol
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