Attachments: Cable Update (GBPUSD)

Cable Update (GBPUSD)

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#551,181
Oct 4, 2020 1:38pm Oct 4, 2020 1:38pm

KeenPips
Joined Dec 2015 | Status: Trader | 8,751 Posts

Here's my take on GBPUSD. On the daily time frame, price action has broken down the 1.30420 previous horizontal support (magenta) and it is presently retesting it for a possible role flip. This would result in a southward turnaround for a bearish continuation.

I may be wrong. Trade safe and prosper.

KP

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Do your homework, follow the footprints of smart money

#551,182
Oct 4, 2020 2:12pm Oct 4, 2020 2:12pm

Lamira
Joined Jan 2014 | Status: candlesticks talks to me | 930 Posts

Quoting KeenPips

Disliked

Here's my take on GBPUSD. On the daily time frame, price action has broken down the 1.30420 previous horizontal support (magenta) and it is presently retesting it for a possible role flip. This would result in a southward turnaround for a bearish continuation. I may be wrong. Trade safe and prosper. KP {image}

Ignored

getting long to test that R buddy

#551,183
Oct 4, 2020 2:14pm Oct 4, 2020 2:14pm

Orkan83
| Joined Oct 2020 | Status: Trader | 2 Posts

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#551,184
Oct 4, 2020 2:37pm Oct 4, 2020 2:37pm

MoneyZilla
Joined Dec 2015 | Status: Suuka Maadik | 3,630 Posts

Quoting OnlineAddict

Disliked

{quote} Or only foxes and no chicken to eat...

Ignored

hahah!

Honestly, that was my first thought that did cross my mind, but was afraid of being misunderstood and called antisemitist, something I am not...

Maadik Hugiis. IQ 69.

#551,185
Oct 4, 2020 2:46pm Oct 4, 2020 2:46pm

trumps
Joined Mar 2020 | Status: Trader | 3,499 Posts

Quoting trumps

Disliked

{quote} I have found it's common for gaps to go away or significantly reduce by the time the Asian session opens

Ignored

And at times, gaps the other way

Compulsions can be hard to resist

#551,186
Oct 4, 2020 3:01pm Oct 4, 2020 3:01pm

Moty
Joined Dec 2017 | Status: Trader | 30,688 Posts

all out !!!!
took the loss , 200 $
waiting for london open

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yes yes yes

#551,187
Oct 4, 2020 7:05pm Oct 4, 2020 7:05pm

Moty
Joined Dec 2017 | Status: Trader | 30,688 Posts

no need to wait for lo , took long

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yes yes yes

#551,188
Oct 4, 2020 7:26pm Oct 4, 2020 7:26pm

navk
Joined Oct 2010 | Status: Trader | 21,479 Posts

shorted GU now.

stop 2955.

2955 IS HOURLY RESISTANCE TO ME.

For intraday only IMO

Intraday only.

#551,189
Oct 4, 2020 7:38pm Oct 4, 2020 7:38pm

navk
Joined Oct 2010 | Status: Trader | 21,479 Posts

Quoting Moty

Disliked

all out !!!! took the loss , 200 $ waiting for london open {image}

Ignored

moty, it is usual to test the high or low of previous day before the PA decides which way it wants to go.

To me, it goes down now at 2955.

if this level breaks after frankfurt / London open to short.

OR

At R1

Intraday only.

#551,190
Oct 4, 2020 9:28pm Oct 4, 2020 9:28pm

Whale
Joined Jun 2013 | Status: Trader | 14,544 Posts

good morning.. all i want is buy gu, but need to be patience im sure i can buy it cheaper.

#551,191
Oct 4, 2020 10:11pm Oct 4, 2020 10:11pm

navk
Joined Oct 2010 | Status: Trader | 21,479 Posts

2935 and below is sell area today.

Resistance at 2955.

Fall below daily pivot and S1 may be buy area.

But I need to see what the PA does that time.

Intraday only.

#551,192
Oct 4, 2020 10:13pm Oct 4, 2020 10:13pm

vvm
Joined Mar 2017 | Status: Trader | 1,378 Posts

M5
Solled @ 1.29343

atb vvm

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PA Trading with EMAs & common Sense

#551,193
Oct 4, 2020 10:36pm Oct 4, 2020 10:36pm

LifeRider
| Joined Mar 2020 | Status: Trader | 335 Posts

I've been long for over a week. I wonder when the next swing lower is coming to take me out. The green line is my average position.

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I have no clue where it's going

#551,194
Oct 4, 2020 11:04pm Oct 4, 2020 11:04pm

ricmaj
Joined Jun 2011 | Status: Trader | 1,731 Posts

Monday's are usually one sided, the rejection at 2950 resistance price could see the markit moving downwards. Trade safe

Keep the Lights on then you can catch the rise from the dark.

#551,195
Oct 4, 2020 11:16pm Oct 4, 2020 11:16pm

Moty
Joined Dec 2017 | Status: Trader | 30,688 Posts

Up up and away from here

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yes yes yes

#551,196
Oct 4, 2020 11:48pm Oct 4, 2020 11:48pm

vvm
Joined Mar 2017 | Status: Trader | 1,378 Posts

M5
2 PendingOrders near BullishIB @ Res

atb vvm

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PA Trading with EMAs & common Sense

#551,197
Oct 4, 2020 11:51pm Oct 4, 2020 11:51pm

navk
Joined Oct 2010 | Status: Trader | 21,479 Posts

i booked my profits in short trades. Now, the price will again go close to high for me to short.

IMO.

Intraday only.

#551,198
Oct 4, 2020 11:55pm Oct 4, 2020 11:55pm

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

I keep my long from last week, very relaxed about that. For those looking for an entry 1.29 1.2910 is very nice. For those looking for perfect entry it is 1.2850. It is where you sell your home and buy GU)

#551,199
Oct 5, 2020 12:02am Oct 5, 2020 12:02am