Attachments: Cable Update (GBPUSD)

Cable Update (GBPUSD)

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Post #549,681
Quote
Sep 23, 2020 5:35am Sep 23, 2020 5:35am

Headland
Joined Apr 2020 | Status: trading | 3,557 Posts | Invisible

Quoting datdle

Disliked

As you can see. D1 has fallen. Now it's just dead cat bounce!

Ignored

...nice bounce though with hi-prob set-ups from 2min - 1hr as candles closed.
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Got through 1st 1hr ppa no probs - but res/supply from 2nd ...see 1hr below. A break upside of last LH on 4hr might alleviate the intraday and longer bearishness ?
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Nice little session - finishing here. G/L all.

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Intraday (mainly) swing scalper via Supp/Res & Pa etc.

Post #549,682
Quote
Sep 23, 2020 5:41am Sep 23, 2020 5:41am

trumps
Joined Mar 2020 | Status: Member | 2,259 Posts

Quoting Georginson

Disliked

{quote} I try to break the analysis into segments... 1.34 is still very valid for medium term. This current fall is expected to end at 1.26 level for this September. October will have a possible low of 1.2480 if price fails to break 1.2884 area. In summary the lowest this pair can drop to is 1.2660/1.2480 before uninterrupted medium term bounce to 1.3480/1.3640 area in months ahead.

Ignored

Ok I understunderstand better thanks.

Good Vibes - In charts we trust

Pulchra All Time Return: -88.4%

Post #549,683
Quote
Sep 23, 2020 5:59am Sep 23, 2020 5:59am

okanemici
Joined Jan 2012 | Status: Member | 1,005 Posts

Quoting okanemici

Disliked

{quote} I think it is the best to be in long in cable from now on

Ignored

Still holding on my long position, a heavy one, I am pretty positive it will turn out very well

Post #549,684
Quote
Sep 23, 2020 5:59am Sep 23, 2020 5:59am

Traderview
Joined Sep 2017 | Status: Member | 3,285 Posts | Online Now

Sellers watch 1.2720. It's the key price. An hr close below we'll see more bearishness.

Post #549,685
Quote
Sep 23, 2020 6:21am Sep 23, 2020 6:21am

navk
Joined Oct 2010 | Status: Trader | 13,337 Posts | Invisible

hourly close below 2705 /2700 is bearish, not otherwise IMO

Intra day only.

Post #549,686
Quote
Sep 23, 2020 6:21am Sep 23, 2020 6:21am

Moty
Joined Dec 2017 | Status: Member | 18,380 Posts | Online Now

Quoting Moty

Disliked

when you start losing money ? when you go with cold strict rule . not every abc correction is 50 % retracement . so you need to be flexible . this last abc correction move , not even get to the 38% zone , but i sold the new hourly low . my tp is weekly s2 , i never try to trade further then weekly s2 or r2 {image} {image}

Ignored

don't mess with the weekly s2
up up and away we go
dx daily candle is berrish hanging long wick right now

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Post #549,687
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Sep 23, 2020 6:24am Sep 23, 2020 6:24am

SCopier
Joined Sep 2012 | Status: Member | 903 Posts

Switched to short..

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Post #549,688
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Sep 23, 2020 6:34am Sep 23, 2020 6:34am

HBN08
Joined Mar 2020 | Status: Shot for the stars aim for the moon | 1,068 Posts

Hey guys
Missed London again..entered a short will try to hold but mainly looking for Ny session now, i said days ago if 1.26400/500 would be a nice price to bounce lets see if we get there
(but im long bias in Ny session ) lets see
Good day to all

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Post #549,689
Quote
Sep 23, 2020 6:35am Sep 23, 2020 6:35am

Moty
Joined Dec 2017 | Status: Member | 18,380 Posts | Online Now

Quoting SCopier

Disliked

Switched to short.. {image}

Ignored

wrong move.
bullish flag

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Post #549,690
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Sep 23, 2020 6:35am Sep 23, 2020 6:35am

Boiccoy
| Joined Jul 2020 | Status: Member | 28 Posts

Quoting gatenio

Disliked

{quote} not this week mate easy math.. but yeah, it could happen, BUT.. you will sell 1.26 this week? so further?

Ignored

Nope I won't sell 1.26 this week but if I get short setups between now and 1. 26 I'm shorting.

Post #549,691
Quote
Sep 23, 2020 6:39am Sep 23, 2020 6:39am

dimitricss
Joined Mar 2017 | Status: american cichlid lover | 1,302 Posts

good enough for me... shorting....

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Trade with prediction = witch with her visions lol

Post #549,692
Quote
Sep 23, 2020 6:47am Sep 23, 2020 6:47am

HBN08
Joined Mar 2020 | Status: Shot for the stars aim for the moon | 1,068 Posts

Quoting HBN08

Disliked

Hey guys Missed London again..entered a short will try to hold but mainly looking for Ny session now, i said days ago if 1.26400/500 would be a nice price to bounce lets see if we get there (but im long bias in Ny session ) lets see Good day to all {image}

Ignored

Closed +10 pips..
Ima wait Ny
Meanwhle