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Cable Update (GBPUSD)

  • #549,561
  • Sep 22, 2020 8:54am Sep 22, 2020 8:54am
Hi all
Hope u all good
Im thinkinh of closing this but i still can se 1.27000 hit again if price donst want to go there i think 1.28500...hmm lets see
rest of good day
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  • #549,562
  • Sep 22, 2020 8:58am Sep 22, 2020 8:58am
Quoting ricmaj
Bulls could be wishing they where holding shorts. Price gradually progressing towards baseline 25350. Support turned resistance already. However lets watch how the support at 2734ish plays out for bulls next purple line. {image}
Bulls responding as anticipated, but gate already closed for sellers to short more
no hassle just further decline only this time lets watch if the support already established
can be sustained at retest. Purple line next target if broken opens door for 25350 baseline.
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Keep the Lights on then you can catch the rise from the dark.
  • #549,563
  • Sep 22, 2020 9:03am Sep 22, 2020 9:03am
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yes yes yes
  • #549,564
  • Sep 22, 2020 9:11am Sep 22, 2020 9:11am
Quoting shahab8b
GBPUSD, daily remains bearish as long as down trend TL and R @ 1.30 hold. H4 is also bearish. H1 is mixed. Next target S zone @ 1.2650 {image}
will sell paaa !!!
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Same idea.. different concept
Le$$ I$ More
  • #549,565
  • Sep 22, 2020 9:17am Sep 22, 2020 9:17am
Quoting Moty
{image}
You are making lots of money this month.. Moty!!!

A good trader should never repeat his mistake all the time.

Keep up
Le$$ I$ More
  • #549,566
  • Sep 22, 2020 9:29am Sep 22, 2020 9:29am
time to sell i think..
smaller lots.
cutloss if H1 closed above 1.281
"If you run, you'll only die tired." - Sniper's philosophy
  • #549,567
  • Sep 22, 2020 9:30am Sep 22, 2020 9:30am
Close below 2758 and maybe we can attack the low of the day
Twitter: Rummer_grapes
  • #549,568
  • Sep 22, 2020 9:40am Sep 22, 2020 9:40am
The projected possible low for September is 1.2660/1.2680 area.

Risk reward favours buying now at 1.2727/1.2767 area for target of 1.2860/1.2880 support turn resistance area.

As far as price stays below 1.2880 area 1.2660/1.2680 area cannot be ruled out.

Somethings in life are bigger than trading, just contributing my quota for the time left.

Trade with caution.
Data + Stat + Risk/Emotions Management
  • #549,569
  • Sep 22, 2020 9:40am Sep 22, 2020 9:40am
Quoting HBN08
Hi all Hope u all good Im thinkinh of closing this but i still can se 1.27000 hit again if price donst want to go there i think 1.28500...hmm lets see rest of good day {image}
By the way guys just my opinion but 1.26400 is a good "reversal"point we might be going there
  • #549,570
  • Sep 22, 2020 9:42am Sep 22, 2020 9:42am
path back to the assumed end of quarter one hundred thirty
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twitter: @gettoefl
  • #549,571
  • Sep 22, 2020 9:43am Sep 22, 2020 9:43am
Quoting HBN08
Hi all Hope u all good Im thinkinh of closing this but i still can se 1.27000 hit again if price donst want to go there i think 1.28500...hmm lets see rest of good day {image}
Closed
GG gbp
  • #549,572
  • Sep 22, 2020 9:43am Sep 22, 2020 9:43am
Quoting greengp
short 1.27972 sl 1.28156 tp 1.27515
DONE
  • #549,573
  • Sep 22, 2020 9:46am Sep 22, 2020 9:46am
...just back at desk updating charts...what a day..great moves down-up-down...the Bailey effect re comments on negative rates all but wiped out in favour of risk-off/covid stuff......all ema's 20/50/100 crossed down 5min to 4hr now, only daily remain crossed up....but daily is now in a classic PA downtrend with 2 LH's, and a LL -although not fractal yet at today's current lo (or lower when the fractal will form - who knows ?) Current daily lo - 2712 moves into view and a prev 1hr/4hr sw lo =prev supp = pot supp leading down to there now. 4hr is below.
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Trader with an Edge.
  • #549,574
  • Sep 22, 2020 9:50am Sep 22, 2020 9:50am
Quoting Moty
yes yes yes !!!! all out ! 60 pips , in multiple positions. i started the week with 160 $ in the first trade . after that i tried to catch a revarsal , against what my signatur said . lost the profit , and got caught in a 300 $ weekly loss. today i went wit the trend alll the way , 2 short trade put my in 278 $ weekly profit , an 578 $ come back {image}
12 LIKES !!!
i love you too , my friends
another 50 $ , 25 pips multiply 0.2 lot
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yes yes yes
  • #549,575
  • Sep 22, 2020 9:54am Sep 22, 2020 9:54am
Downtrend confirmed for me.
Let's go
Patience.....
  • #549,576
  • Sep 22, 2020 9:59am Sep 22, 2020 9:59am
Quoting Wavegarrick
{quote} A pullback towards my future daiy pivot at 1.28432 could probably see another short trade opportunity. We are in a short cycle. A daily close above 1.2908 my yearly pivot will invalidate all this. Trade safe Cheers {image}
Hi Guys,
Have to love it when a plan comes together. A nice pullback to my daily pivot and a perfect opportunity to open more sell trades.
All trades locked in and price must do what it has to.

Have a great day
Cheers.
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Trade to trade another day
  • #549,577
  • Sep 22, 2020 10:03am Sep 22, 2020 10:03am
Break of 1.27129 looking at it
  • #549,578
  • Sep 22, 2020 10:05am Sep 22, 2020 10:05am
... 4th consecutive 1hr close now right into this pot supp zone running down to today's current 2712 lo. Even weekly will have a fractal L now at some point below the last HL at 2762.
Trader with an Edge.
  • #549,579
  • Sep 22, 2020 10:05am Sep 22, 2020 10:05am
took long at 1.27253 area
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yes yes yes
  • #549,580
  • Sep 22, 2020 10:08am Sep 22, 2020 10:08am
Quoting Wavegarrick
{quote} Hi Guys, Have to love it when a plan comes together. A nice pullback to my daily pivot and a perfect opportunity to open more sell trades. All trades locked in and price must do what it has to. Have a great day Cheers. {image}
Wow, congratulations on that!
Is it possible to have your template?
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