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Cable Update (GBPUSD)

  • #552,001
  • Oct 8, 2020 9:11am Oct 8, 2020 9:11am
In this type of price action, one could leave any positions, believed to be wrongly taken, open, cause they will get filled anyway. lol
Risk Management is of utmost importance!
  • #552,002
  • Oct 8, 2020 9:16am Oct 8, 2020 9:16am
even eu start to drop after long sleep, probbly gu will drop soon.

i will be happy to get 1.2945 to short
  • #552,003
  • Oct 8, 2020 9:17am Oct 8, 2020 9:17am
now the sick pair don't wanna go down anymore what are they doing to cable?????
  • #552,004
  • Oct 8, 2020 9:18am Oct 8, 2020 9:18am
Quoting shahab8b
{quote} I went short after it touched that broken TL on the opposite side. I wanted to add another position @ 1.30 which didn't happen. If it goes to 1.30 from here, I will sell it again. {image}
GU
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM15 108.png Size: 45 KB
  • #552,005
  • Oct 8, 2020 9:18am Oct 8, 2020 9:18am
expecting usdix to touch 93.860
  • #552,006
  • Oct 8, 2020 9:19am Oct 8, 2020 9:19am
from tomorrow i will stop looking for the full tp , like daily r2 or adr high.
i will settle for half of that .
i had an indicator once that showed that levels , but now it cost money so ...
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 21 KB
yes yes yes
  • #552,007
  • Oct 8, 2020 9:25am Oct 8, 2020 9:25am
I hate it when market does this type of movement , buy or sell already your wasting my time cable ......
  • #552,008
  • Oct 8, 2020 9:29am Oct 8, 2020 9:29am
Quoting Moty
from tomorrow i will stop looking for the full tp , like daily r2 or adr high. i will settle for half of that . i had an indicator once that showed that levels , but now it cost money so ... {image}
Set a daily pip target bro
For me is 15 to 25 and sometimes i play with small lots to scalp...
  • #552,009
  • Oct 8, 2020 9:31am Oct 8, 2020 9:31am
Gbp Pa makes me miss the good Aud pair sometimes
  • #552,010
  • Oct 8, 2020 9:34am Oct 8, 2020 9:34am
Quoting HBN08
Just sold here..yesterday got stopped twice... Open tp Lets see Good day guys {image}
Closed
  • #552,011
  • Oct 8, 2020 9:39am Oct 8, 2020 9:39am
GU needs to break 1.2905 and close below that level to move to the downside targets ..
  • #552,012
  • Oct 8, 2020 9:44am Oct 8, 2020 9:44am
am i the only one that thinks this pair is crazy lol thank God i'm out of my short
  • #552,013
  • Oct 8, 2020 9:46am Oct 8, 2020 9:46am
There is a major turnaround happening across all markets, so patience is needed.
Follow The Markets Structure - Patience and Discipline
  • #552,014
  • Oct 8, 2020 9:52am Oct 8, 2020 9:52am
Quoting pipfarm
There is a major turnaround happening across all markets, so patience is needed.
it's patiently going back up
  • #552,015
  • Oct 8, 2020 9:54am Oct 8, 2020 9:54am
Quoting epzero
{quote} it's patiently going back up
agreed. risk level 2910.
Intraday only.
  • #552,016
  • Oct 8, 2020 9:55am Oct 8, 2020 9:55am
Quoting epzero
{quote} it's patiently going back up
in the mean time its drying our patience! still have my long from the other day at 12972 however will be more than happy to close at B/E and try a short position as 1.3 doesnt seem likely at least this week unless something comes up from the EU talks tomorrow
Insane in the Brain..
  • #552,017
  • Oct 8, 2020 9:55am Oct 8, 2020 9:55am
Quoting pipfarm
There is a major turnaround happening across all markets, so patience is needed.
Always..
  • #552,018
  • Oct 8, 2020 9:55am Oct 8, 2020 9:55am
long
2925
in wondering about yourself, you forgot what you came here to be part of
  • #552,019
  • Oct 8, 2020 9:55am Oct 8, 2020 9:55am
Quoting epzero
{quote} it's patiently going back up
Its because of the USDX ..
  • #552,020
  • Oct 8, 2020 10:02am Oct 8, 2020 10:02am
Quoting pipfarm
There is a major turnaround happening across all markets, so patience is needed.
Which way ?
COT: The precious data ignored
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