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Cable Update (GBPUSD)

  • #545,941
  • Sep 2, 2020 11:44am Sep 2, 2020 11:44am
Quoting epzero
{quote} Why should I tell you the sell target ? Can’t you see it’s a free fall ??? If you were sure of your buy target why would you allow over 100pips and more go against you rather than closing it ?
Some people trade long term strategies/hold positions(legs) where 100-300 pip moves don't affect their overall position. They sometimes have multiple legs on a pair ranging from 500+ pips to 2500+ pips on both buy and sell sides.
  • #545,942
  • Sep 2, 2020 11:46am Sep 2, 2020 11:46am
Quoting Wavegarrick
{quote} Hi Guys. Hope it helps, Cheers. {image}
Hey Wavegarrick
I was just about to ask about your h4 short ^^ but i see you staked already your position.
Im looking for 1.334 and 1.336 to break or to move way more down.

-----
Short open on 1.3454, trailing in play but i think i get hit in the next few hours.
  • #545,943
  • Sep 2, 2020 11:53am Sep 2, 2020 11:53am
Quoting Georginson
{quote} From 1.3169 to 1.2980. = 189 pips From 1.3185 to 1.3004 = 181 pips From 1.3267 to 1.3053 = 214 pips From 1.3481 to 1.3267/1.3295 = 214/186 pips. Key observation: Each high keeps being broken by 200, then retracement comes between 217/184 pips. * I will pay very close attention to price action at 1.3267/1.3295, if convincingly broken to 1.3240 area that's the breakthrough to 1.28 level, if not broken then we are heading back to the high of 1.3481 which will cleanly break to 1.3690 and Jaybag will push me out of the thread for one month. In...
The expected reversal of 200 pips now completed (1.3481 - 1.3281). Should today low fail to be broken convincingly by additional 40 pips to 1.3240 then we will have the usual recent surge to break 1.3481 high to the destination of 1.3680, a clear break of 1.3280 to 1.3240 level will pace way for 1.2870.

In summary pay very close attention to 1.3280 area.
Data + Stat + Risk/Emotions Management
  • #545,944
  • Sep 2, 2020 11:54am Sep 2, 2020 11:54am
Quoting Coreg2004
{quote} HBN08, very nice..I am a big fan of your calls...keep going
im happy for your compliment Mr. Coreg thank you im a big Fan of your post to, u have a very good and very precise analysis
Im still improving with some ups and downs here and there but we still going good

Best regards Sir
(sorry for my good english)
  • #545,945
  • Sep 2, 2020 11:55am Sep 2, 2020 11:55am
Quoting JayBag
{quote} I think you already have an idea .. It’s Mary Jane (The green plant) and checking your location, it’s legal there right?
Legal to smoke.....just not in front of cops. You can even grow your own as long as it’s for self consumption.
Don’t bother with these people. This is why I stopped posting a while back. You’ll always get called for being human and making trade errors.
Lost....
  • #545,946
  • Sep 2, 2020 12:00pm Sep 2, 2020 12:00pm
Quoting Georginson
{quote} The expected reversal of 200 pips now completed (1.3481 - 1.3281). Should today low fail to be broken convincingly by additional 40 pips to 1.3240 then we will have the usual recent surge to break 1.3481 high to the destination of 1.3680, a clear break of 1.3280 to 1.3240 level will pace way for 1.2870. In summary pay very close attention to 1.3280 area.
true,
this month just started.. 1.355-1.37 at least on my board.
just waiting to 1h to reverse to uptrend.
till then i will scalp long only.

good night fellas
  • #545,947
  • Sep 2, 2020 12:05pm Sep 2, 2020 12:05pm
Quoting HBN08
{quote} im happy for your compliment Mr. Coreg thank you im a big Fan of your post to, u have a very good and very precise analysis Im still improving with some ups and downs here and there but we still going good Best regards Sir (sorry for my good english)
HBN08, build your strategy/method of trading, and then if you are satisfied stay with it...After reading your posts it looks like you have a spy camera in my office......check the chart below
Attached Image (click to enlarge)
Click to Enlarge Name: GU 09.02.30M.b.png Size: 99 KB
Always trade your own plan...I don't provide trading signals.
  • #545,948
  • Sep 2, 2020 12:15pm Sep 2, 2020 12:15pm
Quoting gespiri
{quote} Legal to smoke.....just not in front of cops. You can even grow your own as long as it’s for self consumption. Don’t bother with these people. This is why I stopped posting a while back. You’ll always get called for being human and making trade errors.
Similar regulations here even tho it’s still new.. That’s true, it’s human nature.. They’ll never compliment when you nail it.. Please try to post more when you get time and don’t worry about anyone ..

SS
  • #545,949
  • Sep 2, 2020 12:17pm Sep 2, 2020 12:17pm
Quoting Coreg2004
{quote} HBN08, build your strategy/method of trading, and then if you are satisfied stay with it...After reading your posts it looks like you have a spy camera in my office......check the chart below {image}
Yes im working on that still have to improve some things and some related to psycologic im to anxious sometimes..like that call at 1.33360 that is touching now and i entered and got stoped..those little things..
It may sound bad but i fell complimented by that
i think is funny how price sometimes relates with similar analysis but at the same time with different methods analysis
  • #545,950
  • Edited 12:28pm Sep 2, 2020 12:18pm | Edited 12:28pm
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yes yes yes
  • #545,951
  • Sep 2, 2020 12:27pm Sep 2, 2020 12:27pm
Quoting JayBag
{quote} Similar regulations here even tho it’s still new.. That’s true, it’s human nature.. They’ll never compliment when you nail it.. Please try to post more when you get time and don’t worry about anyone .. SS
We are brothers you know. Your accurate pidgin English made me conclude. Good to have you here even though we are in a conflicting bet.
Data + Stat + Risk/Emotions Management
  • #545,952
  • Edited 2:40pm Sep 2, 2020 12:33pm | Edited 2:40pm
Quoting HBN08
{quote} Yes im working on that still have to improve some things and some related to psycologic im to anxious sometimes..like that call at 1.33360 that is touching now and i entered and got stoped..those little things.. It may sound bad but i fell complimented by that i think is funny how price sometimes relates with similar analysis but at the same time with different methods analysis
HBN08, method of technical analysis isn't important...If you follow the law of the charts (Dow theory) we will come at least to a similar conclusion...That's what I think.
Always trade your own plan...I don't provide trading signals.
  • #545,953
  • Sep 2, 2020 12:37pm Sep 2, 2020 12:37pm
Quoting Georginson
{quote} We are brothers you know. Your accurate pidgin English made me conclude. Good to have you here even though we are in a conflicting bet.
Without a doubt! I am 100% Esan man! I pride myself with where I am from.. I am only based here in SA with my family!

Conflicting bet don’t change a thing.. It’s required for our growth when you think about it., If I lose, I get a chance to rework my stuff and grow..

SS
  • #545,954
  • Sep 2, 2020 12:48pm Sep 2, 2020 12:48pm
Quoting Coreg2004
{quote} HBN08, method of technical analysis isn't important...If you follow the law of the charts (Dow theory) we will come at least a similar conclusion...That's what I think.
Yes agree with (Dow) but i think without a good analysis or view of the market is to risky for someone to just follow the way that price moves
I been studying wyckoff and manage to take some to from there to had to my trading style..i really like your calls and charts but i dont fell confurtable with waves
  • #545,955
  • Sep 2, 2020 12:48pm Sep 2, 2020 12:48pm
Just waiting...
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Le$$ I$ More
  • #545,956
  • Sep 2, 2020 1:04pm Sep 2, 2020 1:04pm
im gonna try a sell here
3318 short
tight SL
in wondering about yourself, you forgot what you came here to be part of
  • #545,957
  • Sep 2, 2020 1:06pm Sep 2, 2020 1:06pm
Quoting knkie
im gonna try a sell here 3318 short tight SL
how tight?
Le$$ I$ More
  • #545,958
  • Sep 2, 2020 1:09pm Sep 2, 2020 1:09pm
Quoting JayBag
{quote} Without a doubt! I am 100% Esan man! I pride myself with where I am from.. I am only based here in SA with my family! Conflicting bet don’t change a thing.. It’s required for our growth when you think about it., If I lose, I get a chance to rework my stuff and grow.. SS
if I was a referee I would consider that bet conduced. 20 pips on a 300-400 pips move to the right direction means nothing.

We now need a new bet.
  • #545,959
  • Sep 2, 2020 1:12pm Sep 2, 2020 1:12pm
Quoting Roszey
{quote} how tight?
lol
very
already out -5 pips

i might try again somewhat lower
althoug its late in the sesssion
in wondering about yourself, you forgot what you came here to be part of
  • #545,960
  • Sep 2, 2020 1:12pm Sep 2, 2020 1:12pm
Attached Image (click to enlarge)
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yes yes yes
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