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Cable Update (GBPUSD)

  • #520,861
  • May 16, 2020 7:05am May 16, 2020 7:05am
Quoting Georginson
{quote} Do these rates also rhyme with market rate at weekly open?
There are huge movements (around 100 pips) throughout the weekend. But in my observation of EUR/USD as the weekly market open gets closer they start to rhyme, especially couple of hours before it opens. I wouldn't put too much weight on their weekend rates but like I said just something to look at on weekends.
  • #520,862
  • May 16, 2020 7:09am May 16, 2020 7:09am
Quoting joesherwood
{quote} cool vision, ill put mine up sunday night, have a good weekend stefan! see you still got those sells running?
Yeah, I decided to keep them.

As I said - it is a decision area, so either I make a bit less or a lot more

Either way - I'm comfortable. Thanks for your advice yesterday, but decide to listen to my gut
Patience and Discipline.
  • #520,863
  • May 16, 2020 7:12am May 16, 2020 7:12am
Quoting Georginson
{quote} I have never confronted anyone in this forum directly but I do have some words for you... Quit your arrogance and stop antagonising others to feed your ego. No matter how you see it ranges work most of the time and no analysis is 100% consistent and accurate. In every market deep there will be a rise. Now that if market falls below 1.1975 or fails to capture 1.2750 within 6 weeks and 1.35 by October/November, I will be your student and remain a loyal student of yours. Peace!
i catch all the price you mention there..
so i can be everybody mentor here???
..
just joking mate...
i’m also learning new things everyday..
take care mate
cheers..
️
just for a cup of coffee...
  • #520,864
  • May 16, 2020 7:13am May 16, 2020 7:13am
Quoting Hetal.Mehta
{quote} There are huge movements (around 100 pips) throughout the weekend. But in my observation of EUR/USD as the weekly market open gets closer they start to rhyme, especially couple of hours before it opens. I wouldn't put too much weight on their weekend rates but like I said just something to look at on weekends.
Can you explain how watching those can predict the open on Sunday?
Patience and Discipline.
  • #520,865
  • May 16, 2020 7:17am May 16, 2020 7:17am
Quoting akim0895
{quote} i catch all the price you mention there.. so i can be everybody mentor here??? .. just joking mate... i’m also learning new things everyday.. take care mate cheers.. ️
I don't know which is better between your jokes and trading skills.... Anyways I enjoy both a lot
Data + Stat + Risk/Emotions Management
  • #520,866
  • May 16, 2020 7:22am May 16, 2020 7:22am
Quoting Georginson
{quote} I don't know which is better between your jokes and trading skills.... Anyways I enjoy both a lot
ha ha..
some here know me for some times..
some others is putting me at their ignoring list,i don’t mind at all...
joking is part of our trading life,to release our boredom n etc..
but about those level you post there all i catch them mate..
can watch my posting at my threads..
at trading we can’t talk without a proof..
️
just for a cup of coffee...
  • #520,867
  • May 16, 2020 7:24am May 16, 2020 7:24am
Quoting akim0895
{quote} ha ha.. some here know me for some times.. some others is putting me at their ignoring list,i don’t mind at all... joking is part of our trading life,to release our boredom n etc.. but about those level you post there all i catch them mate.. can watch my posting at my threads.. at trading we can’t talk without a proof.. ️
i’m happy n enjoy helping newbies with my methods..
and also give them free signal daily past 3 weeks..
but not saying my methods is ‘holy grail’..
just for a cup of coffee...
  • #520,868
  • May 16, 2020 7:32am May 16, 2020 7:32am
Quoting akim0895
{quote} ha ha.. some here know me for some times.. some others is putting me at their ignoring list,i don’t mind at all... joking is part of our trading life,to release our boredom n etc.. but about those level you post there all i catch them mate.. can watch my posting at my threads.. at trading we can’t talk without a proof.. ️
Do you need some proof about the levels I mentioned?
Data + Stat + Risk/Emotions Management
  • #520,869
  • May 16, 2020 7:32am May 16, 2020 7:32am
i always stop by here because remind me to my old friends that shaking this threads at past..
can ask my buddy NAVK n KEENPIPS..
they know about those old atory happen here..
before this threads some call a ghost threads
just for a cup of coffee...
  • #520,870
  • May 16, 2020 7:34am May 16, 2020 7:34am
Quoting Georginson
{quote} Do you need some proof about the levels I mentioned?
nope mate..
all those have at my dairy..
i always write down all price play..
just for a cup of coffee...
  • #520,871
  • May 16, 2020 7:44am May 16, 2020 7:44am
https://www.forexfactory.com/attachm...9&d=1589633012
I wont be looking for long opportunities until it reaches 1.18746 - 1.16378 been shorting GBP/USD for weeks now
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 214 KB
KiingWhop
  • #520,872
  • May 16, 2020 7:44am May 16, 2020 7:44am
I think it goes down (Sell) to 1.1662 (which was a weekly Open 22nd March 2020) by Friday 22nd May, I know its an extreme call...and the market doesn't fall as fast usually. (Trailing stop Daily R2)


If May Monthly close above 1.2280, Then buy, target to 1.3400 in the next 9 months. Monthly Support 1 (mS1) will be the trailing stop.
All Assets NAS100 GLD BTC AUS JPY GBP All Time Return: 17.5%
  • #520,873
  • May 16, 2020 8:43am May 16, 2020 8:43am
Quoting Stefan90csk
{quote} Can you explain how watching those can predict the open on Sunday?
You can't... they are not reliable. It just helped me calm down my anxiousness when I was holding EURUSD over weekend.
  • #520,874
  • May 16, 2020 8:49am May 16, 2020 8:49am
I can't understand why when something goes wrong or doesn't work ... either the person should take the other side or stay out of business ... one thing is for sure you will lose a lot of money..... if you don't grow up .... And need stop playing... Forex is a work not a game....
you need to love this business and take it very seriously.
  • #520,875
  • May 16, 2020 9:23am May 16, 2020 9:23am
Quoting ongtrumvn99
{quote} add short 1.2182
hold
target : 1.14422
Attached Image (click to enlarge)
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Attached Image
SCALP WIN
  • #520,876
  • May 16, 2020 9:56am May 16, 2020 9:56am
Quoting ongtrumvn99
{quote} hold target : 1.14422 {image} {image}
Looks good except that the big plunge to 1.14 was during severe turmoil in the capital markets due to the virus. All financial markets have a hatred of uncertainty and the black box algo programs owned by the big banks hit the dump button.
The unknown factor we have now is the Brexit talks at a stalemate so there may be a more orderly sell down but we have seen the very worst with 1.14. Huge problems exist but the capital markets have been stabilized. 1.19 in my humble opinion will be defended.
Be humble or be humbled.
  • #520,877
  • May 16, 2020 10:10am May 16, 2020 10:10am
Quoting akim0895
{quote} i’m happy n enjoy helping newbies with my methods.. and also give them free signal daily past 3 weeks.. but not saying my methods is ‘holy grail’..
All method have plus and minus. Thanks for all your help.
  • #520,878
  • May 16, 2020 11:12am May 16, 2020 11:12am
Quoting shahab8b
{quote} Coreg2004, nice charts as always. your count is bullish long term, right? What do you think of this? {image}
shahab8b, still valid labeling, and possible outcome...calculation for the end of W:3 and W:C is the same. ..of course, we need to be mindful of at what point our analysis is incorrect/ or other scenario is playing out.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: ewcount2.jpg Size: 209 KB
Click to Enlarge Name: GU5.15.daily.EOW.png Size: 81 KB
Always trade your own plan...I don't provide trading signals.
  • #520,879
  • May 16, 2020 11:41am May 16, 2020 11:41am
Quoting ongtrumvn99
{quote} hold target : 1.14422 {image} {image}
Very good share
sell strength in falling markets, and buy weakness in rising markets.
  • #520,880
  • May 16, 2020 11:51am May 16, 2020 11:51am
Just Trade It & Never Ever Date It
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