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Cable Update (GBPUSD)

  • #541,901
  • Edited 1:38am Aug 11, 2020 1:26am | Edited 1:38am
Quoting Ksth
It looks like this week back to 1.29 area before bounce back.
1.29 still got chance this week.
May reverse see New York open.
  • #541,902
  • Aug 11, 2020 1:45am Aug 11, 2020 1:45am
The drop is coming
Attached Image (click to enlarge)
Click to Enlarge Name: CamScanner 08-14-2020 09.44.48_1.jpg Size: 151 KB
yes yes yes
  • #541,903
  • Aug 11, 2020 1:46am Aug 11, 2020 1:46am
Quoting JayBag
Good Morning Everyone, Holding my bull idea till after possible retrace. I have trowed in a few tiny shorts for the retrace.. Target? 1.27872 is my max. StaySafe
This was horribly wrong..
I prefer to keep buying dips.

I will keep buying anything below 1.303. We going to have a green monthly candle.. The thing is, nobody knows when it will finish retracing ..

StaySafe
  • #541,904
  • Aug 11, 2020 1:47am Aug 11, 2020 1:47am
Gold Down under 2000 ...
  • #541,905
  • Aug 11, 2020 1:50am Aug 11, 2020 1:50am
Closed my trades earlier, waiting for a momment
  • #541,906
  • Aug 11, 2020 1:53am Aug 11, 2020 1:53am
As part of my buying dips idea, I am starting off here with a buy at 1.3061.

Let's see how the DIP buying goes by end of week

StaySafe
  • #541,907
  • Aug 11, 2020 1:58am Aug 11, 2020 1:58am
Quoting seincard
Gold Down under 2000 ...
Good sign for dollar
yes yes yes
  • #541,908
  • Aug 11, 2020 2:20am Aug 11, 2020 2:20am
I would by from this zone 65-60 stop loss 1.3050 target atleast 30 points

good luck all
  • #541,909
  • Aug 11, 2020 2:31am Aug 11, 2020 2:31am
Still buying on dips...
  • #541,910
  • Aug 11, 2020 2:33am Aug 11, 2020 2:33am
Quoting ohakaba
Still buying on dips...
If GBPUSD can fade out the sellers on 7th,watch out for New highs...
  • #541,911
  • Aug 11, 2020 2:37am Aug 11, 2020 2:37am
Quoting Moty
The drop is coming {image}
the drop was yesterday when you were in profit and let it slip
in wondering about yourself, you forgot what you came here to be part of
  • #541,912
  • Aug 11, 2020 2:49am Aug 11, 2020 2:49am
Quoting ohakaba
{quote} If GBPUSD can fade out the sellers on 7th,watch out for New highs...
My only concern is both $ and GBP (index) is both looking strong on the the 4 hour chart,my strategy is to scalp GBPUSD higher on 1 minute chart until things are clear.
  • #541,913
  • Aug 11, 2020 2:55am Aug 11, 2020 2:55am
Quoting lovepip
Cable Spike down in Frankfurt open
correct,

it was buy opportunity.

If you see my earlier post
Intraday only.
  • #541,914
  • Edited 3:13am Aug 11, 2020 2:57am | Edited 3:13am
I still dont know Y point
XY = a-b-c
Attached Image (click to enlarge)
Click to Enlarge Name: GU.gif Size: 47 KB
  • #541,915
  • Aug 11, 2020 2:58am Aug 11, 2020 2:58am
Quoting zaidan
I would by from this zone 65-60 stop loss 1.3050 target atleast 30 points good luck all
that was fast, closed manualy for 25 points
Done for the day
Good luck all
  • #541,916
  • Aug 11, 2020 3:01am Aug 11, 2020 3:01am
one should study carefully, what Tokyo does, frankfurt does with respect to london movement.

Just trade this alone. enough for the day
Intraday only.
  • #541,917
  • Aug 11, 2020 3:04am Aug 11, 2020 3:04am
look at yesterday chart.

almost similar pattern
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM5.png Size: 44 KB
Intraday only.
  • #541,918
  • Aug 11, 2020 3:11am Aug 11, 2020 3:11am
short 1.3079
busted
Don't trade what you think. Just what you see!!!
  • #541,919
  • Aug 11, 2020 3:15am Aug 11, 2020 3:15am
nice selling point at 1.3095... target open... stop 1.3110
  • #541,920
  • Aug 11, 2020 3:20am Aug 11, 2020 3:20am
Quoting navk
one should study carefully, what Tokyo does, frankfurt does with respect to london movement. Just trade this alone. enough for the day
Can you share your idea in detail please? It will be helpful
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