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Cable Update (GBPUSD)

  • #551,701
  • Oct 7, 2020 4:29am Oct 7, 2020 4:29am
Quoting epzero
{quote} it will break in a few min
It may break later or may not.
Intraday only.
  • #551,702
  • Oct 7, 2020 4:40am Oct 7, 2020 4:40am
Started for long let see..
Attached Image (click to enlarge)
Click to Enlarge Name: GU.gif Size: 54 KB
  • #551,703
  • Oct 7, 2020 4:49am Oct 7, 2020 4:49am
Quoting pipfarm
Short through 2889 down to 2843 daily 4h 1h all singing the same tune now Hour retracement entry on 15 min break of res from the retrace down to support at 2843

Missed my target by 5 pips ,15m now going up , so closed for 12 profit , any profit is good especially from a psychological point of view, do not let a winning trade turn into a losing trade.
Follow The Markets Structure - Patience and Discipline
  • #551,704
  • Oct 7, 2020 4:52am Oct 7, 2020 4:52am
20 minutes for leguard speaks
dx is resting all morning and noon , hello mister trumpp , e.t phone home !!!
wake up , mister " i beat the korona "
Attached Image (click to enlarge)
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yes yes yes
  • #551,705
  • Oct 7, 2020 4:54am Oct 7, 2020 4:54am
Quoting Moty
20 minutes for leguard speaks dx is resting all morning and noon , hello mister trumpp , e.t phone home !!! {image}
lol sorry moty he won't be allowed to tweak today. we don't want the market going crazy today. hahaha
  • #551,706
  • Oct 7, 2020 5:00am Oct 7, 2020 5:00am
Quoting Moty
20 minutes for leguard speaks dx is resting all morning and noon , hello mister trumpp , e.t phone home !!! wake up , mister " i beat the korona " {image}
Moty, lets go long with me.. i take contrarian side.. im waiting for u for long..

cheeers..
Attached Image (click to enlarge)
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  • #551,707
  • Oct 7, 2020 5:01am Oct 7, 2020 5:01am
Quoting Moty
20 minutes for leguard speaks dx is resting all morning and noon , hello mister trumpp , e.t phone home !!! wake up , mister " i beat the korona " {image}
Moty look at you indicator(WA explosion) the highest bar is momentum
  • #551,708
  • Oct 7, 2020 5:04am Oct 7, 2020 5:04am
morning slow
  • #551,709
  • Oct 7, 2020 5:04am Oct 7, 2020 5:04am
Hopefully a better shorting opportunity up at the retest area where the daily broke down the old resistance @2976 ish

Will use the profit from the short to take a buy as the hourly closed above the old support , long from 2877 target 2965 for 87 probably take 80 if it works out
Follow The Markets Structure - Patience and Discipline
  • #551,710
  • Oct 7, 2020 5:12am Oct 7, 2020 5:12am
Quoting navk
{quote} It may break later or may not.
I don't see it breaking 1.2850. That will probably be the daily low and will close near that. Tomorrow bulls will gain momentum and I will make money
  • #551,711
  • Oct 7, 2020 5:12am Oct 7, 2020 5:12am
Out 48 pips... will short again soon...
Trade with prediction = witch with her visions lol
  • #551,712
  • Oct 7, 2020 5:16am Oct 7, 2020 5:16am
Quoting meugampong
{quote} Moty, lets go long with me.. i take contrarian side.. im waiting for u for long.. cheeers.. {image}
sorry mate.
i can't go against dollar when it looks like that.
it completed corrective wave c , and ready to spike up.
Donald phone home
Attached Image (click to enlarge)
Click to Enlarge Name: dx1.png Size: 32 KB
yes yes yes
  • #551,713
  • Oct 7, 2020 5:19am Oct 7, 2020 5:19am
Yeah I was just going to say dollar still has a good amount of room to go up, probably those old highs above 94
im not going long on GU until then
  • #551,714
  • Oct 7, 2020 5:26am Oct 7, 2020 5:26am
Quoting Moty
{quote} sorry mate. i can't go against dollar when it looks like that. it completed corrective wave c , and ready to spike up. Donald phone home {image}
Dollar index is going down, I guarantee you that. I told it before too that its gonna drop. Your call mate.
  • #551,715
  • Oct 7, 2020 5:31am Oct 7, 2020 5:31am
Quoting ZTrader123
Yeah I was just going to say dollar still has a good amount of room to go up, probably those old highs above 94 im not going long on GU until then
yesterday's engulfing bullish candle got it's retracement , now its time to go up
Attached Image(s) (click to enlarge)
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yes yes yes
  • #551,716
  • Oct 7, 2020 5:42am Oct 7, 2020 5:42am
Quoting okanemici
{quote} Dollar index is going down, I guarantee you that. I told it before too that its gonna drop. Your call mate.

Its only going down for retest same as cable going up to retest

93.43 for usdx

2979 for cable or the close of the high
Follow The Markets Structure - Patience and Discipline
  • #551,717
  • Oct 7, 2020 5:44am Oct 7, 2020 5:44am
Quoting Moty
{quote} sorry mate. i can't go against dollar when it looks like that. it completed corrective wave c , and ready to spike up. Donald phone home {image}
ok mate.. i understand..
  • #551,718
  • Oct 7, 2020 5:44am Oct 7, 2020 5:44am
Quoting Moty
{quote} sorry mate. i can't go against dollar when it looks like that. it completed corrective wave c , and ready to spike up. Donald phone home {image}
Moty, if you believe that low at X is in place then look for Gartley or bat pattern to pinpoint the entry...
Attached Image (click to enlarge)
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Always trade your own plan...I don't provide trading signals.
  • #551,719
  • Oct 7, 2020 5:46am Oct 7, 2020 5:46am
Quoting pipfarm
Hopefully a better shorting opportunity up at the retest area where the daily broke down the old resistance @2976 ish Will use the profit from the short to take a buy as the hourly closed above the old support , long from 2877 target 2965 for 87 probably take 80 if it works out

Already more than 20 pips in profit for the long , clearly it was never going below hourly 2842 support , complete rejection
Follow The Markets Structure - Patience and Discipline
  • #551,720
  • Oct 7, 2020 5:46am Oct 7, 2020 5:46am
didnt even hit my entry price and the drop is over, it neither hit my entry price for buying limit at 1.283 too........should trade eurusd today instead, gbp is hard today
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