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Cable Update (GBPUSD)

  • #550,641
  • Sep 30, 2020 12:04pm Sep 30, 2020 12:04pm
I feel like with such a news heavy week and NFP were probably going to go back into this range for the rest of the week.
Usually NFP weeks just go back and forth in a range
  • #550,642
  • Sep 30, 2020 12:07pm Sep 30, 2020 12:07pm
Quoting Moty
{quote} why i don't listen to you ? rest of the position stopped out around 1.29140 classic almost daily r2 to daily r1 but not the 650 %retracement because everyone is waiting there . daily r2 does not hit today , the job must be done {image}
You doing good buddy you need listen only to yourself.
Green pips .
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #550,643
  • Sep 30, 2020 12:08pm Sep 30, 2020 12:08pm
Quoting Tekin
{quote} entered small amount 14 pips earlier i will wait several hours to decide {image}
Almost ok if ı continue h4 is still choppy maybe like this who knows
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  • #550,644
  • Sep 30, 2020 12:08pm Sep 30, 2020 12:08pm
News on US stimulus (or lack thereof) is coming up, scalping is dangerous now.
  • #550,645
  • Sep 30, 2020 12:10pm Sep 30, 2020 12:10pm
Quoting Almo2312
{quote} You doing good buddy you need listen only to yourself. Green pips .
you doing better
yes yes yes
  • #550,646
  • Sep 30, 2020 12:35pm Sep 30, 2020 12:35pm
Now its confusing....


#buy deui jangan euy?#... #di buy bisi burusuuutt ka handap# #di sell bisi ngapung#
Trade with prediction = witch with her visions lol
  • #550,647
  • Edited 12:57pm Sep 30, 2020 12:41pm | Edited 12:57pm
Quoting dimitricss
Now its confusing.... #buy deui jangan euy?#... #di buy bisi burusuuutt ka handap# #di sell bisi ngapung#
just take the position
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update : correction is over
yes yes yes
  • #550,648
  • Sep 30, 2020 1:01pm Sep 30, 2020 1:01pm
Quoting dimitricss
Now its confusing.... #buy deui jangan euy?#... #di buy bisi burusuuutt ka handap# #di sell bisi ngapung#
what language is it?
"Bought but then price fall, sold but then price fly", seems depressed.

Btw, I just got swepped by the news.
wish me pips
  • #550,649
  • Sep 30, 2020 1:53pm Sep 30, 2020 1:53pm
Guys looking for a short here maybe should go back to the basics. It's only a long market only slight shorts in between. If 1.2850 holds tomorrow we will see 1.3020 3040.Only after that look for 100 150 pips shorts and that is it.
  • #550,650
  • Sep 30, 2020 2:13pm Sep 30, 2020 2:13pm
Quoting Moty
{quote} just take the position{image} {image} update : correction is over

I like your long
but personally prefer wait untill tomorrow morning

good luck
  • #550,651
  • Sep 30, 2020 2:29pm Sep 30, 2020 2:29pm
monthly , weekly , daily
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yes yes yes
  • #550,652
  • Sep 30, 2020 2:31pm Sep 30, 2020 2:31pm
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yes yes yes
  • #550,653
  • Sep 30, 2020 2:56pm Sep 30, 2020 2:56pm
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yes yes yes
  • #550,654
  • Sep 30, 2020 3:09pm Sep 30, 2020 3:09pm
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yes yes yes
  • #550,655
  • Sep 30, 2020 3:37pm Sep 30, 2020 3:37pm
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I'd love it to go to the 100EMA on the monthly. A man can dream...
I have no clue where it's going
  • #550,656
  • Sep 30, 2020 3:44pm Sep 30, 2020 3:44pm
  • #550,657
  • Sep 30, 2020 3:59pm Sep 30, 2020 3:59pm
The yearly candle is shaping up as the most interesting for my mind.
Compulsions can be hard to resist
  • #550,658
  • Sep 30, 2020 4:04pm Sep 30, 2020 4:04pm
dollar index still in downtrend channel but we have a bullish h&s target that we didnt reach yet and if we reach it it will mean dollar will penetrate the downtrend

so something is cooking
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  • #550,659
  • Sep 30, 2020 6:27pm Sep 30, 2020 6:27pm
Quoting Moty
monthly , weekly , daily {image} {image} {image}
agree with u 1.300 first ..tomorrow final day of brexit nego then we will see how the market react...
Bismillah
  • #550,660
  • Sep 30, 2020 6:43pm Sep 30, 2020 6:43pm
Quoting Georginson
Now for anyone who cares to apply, take a sell here at 1.2900 and second sell limit at 1.2960 then target 1.2570. allow for 10 - 12 trade days. Stay patient and trade with good money management.
September closing price above 1.2900 has invalidated my bias of 1.2570 area. I do not have firm believe in the downward momentum anymore as September gave almost 250 pips retracement from Low.

Please do not follow my bearish bias post as I'm now neutral for the short term but my medium term view is still focused on 1.3270 area in weeks ahead and 1.36 area in months ahead.

The key lesson in my 13 years trading experience is to avoid overly Strong bias and stay in tune with what the market is trying to hide or tell you.

Please trade with utmost caution in this new month as surprises may happen with brexit negotiations and US coming elections.

I will miss the thread for a few days and hope to see everyone in good condition when I return.


Cheers,
George.
Data + Stat + Risk/Emotions Management
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