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Cable Update (GBPUSD)

  • #552,041
  • Oct 8, 2020 11:30am Oct 8, 2020 11:30am
Quoting Almo2312
about 165 pips weekly range ..GU?are you serious ???or you are kind of EURCHF ?? anyway
What's wrong with that, I made up and down 100 pips today. Range trading is so awesome)
  • #552,042
  • Oct 8, 2020 11:33am Oct 8, 2020 11:33am
I am a fan of how the price moved today. Though I made a mistake earlier today, went against it. Now hoping to recover.
Risk Management is of utmost importance!
  • #552,043
  • Oct 8, 2020 11:33am Oct 8, 2020 11:33am
Quoting gatenio
{quote} this is not the problem.. very hard to understand the pattern
gatenio, possible Gartley or Crab pattern, depends on how you label XA leg...
Attached Image (click to enlarge)
Click to Enlarge Name: GU 10.08.5M.png Size: 126 KB
Always trade your own plan...I don't provide trading signals.
  • #552,044
  • Oct 8, 2020 11:35am Oct 8, 2020 11:35am
Well, I have a clear bearish bias atm as long as it stays below 1.30.

But trying to be unbiased. Looking at the weekly line chart. If we do get a weekly bullish close (preferably above 1.30), this could be a W pattern.
Attached Image (click to enlarge)
Click to Enlarge Name: GU 108wk.PNG Size: 111 KB
  • #552,045
  • Oct 8, 2020 11:35am Oct 8, 2020 11:35am
Quoting Coreg2004
{quote} gatenio, possible Gartley or Crab pattern, depends on how you label XA leg... {image}
thanks master
  • #552,046
  • Oct 8, 2020 11:39am Oct 8, 2020 11:39am
sold here scalping for 10 to 15 pips
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 42 KB
  • #552,047
  • Oct 8, 2020 11:40am Oct 8, 2020 11:40am
Drop below 1.2915 will only take us to 1.2890. So there is no need to consider shorting this except a scalp. Max 50 pips down from here.
  • #552,048
  • Oct 8, 2020 11:46am Oct 8, 2020 11:46am
Quoting shahab8b
Well, I have a clear bearish bias atm as long as it stays below 1.30. But trying to be unbiased. Looking at the weekly line chart. If we do get a weekly bullish close (preferably above 1.30), this could be a W pattern. {image}
Possibly, I cant see GU going over 1.3 unless there is some concrete positive Brexit news. Also with a chance of further restrictions due to Covid there is a chance of GU dropping below 1.28
Insane in the Brain..
  • #552,049
  • Oct 8, 2020 12:02pm Oct 8, 2020 12:02pm
Quoting okanemici
Drop below 1.2915 will only take us to 1.2890. So there is no need to consider shorting this except a scalp. Max 50 pips down from here.
Out long with profit, taking a short for 40 pips only down to 1.2900 with a tight stop. Can turn long anytime if doesn't go well)
  • #552,050
  • Oct 8, 2020 12:38pm Oct 8, 2020 12:38pm
Sticking to my short , the risk is applied , up i lose some % of account ,down i make some % on account either way im still in the business
Follow The Markets Structure - Patience and Discipline
  • #552,051
  • Oct 8, 2020 12:39pm Oct 8, 2020 12:39pm
M5

IMHO
s. Chart

atb vvm
Attached Image (click to enlarge)
Click to Enlarge Name: 7.png Size: 47 KB
PA Trading with EMAs & common Sense
  • #552,052
  • Oct 8, 2020 12:47pm Oct 8, 2020 12:47pm
Quoting okanemici
{quote} Out long with profit, taking a short for 40 pips only down to 1.2900 with a tight stop. Can turn long anytime if doesn't go well)
As I said, its not worth it. Will keep my long and enjoy the night. Green pips all.
  • #552,053
  • Oct 8, 2020 1:33pm Oct 8, 2020 1:33pm
3rd attempt to go higher ,small range which has meaning
Attached Image (click to enlarge)
Click to Enlarge Name: 0101 GBPUSD-Weekly.png Size: 48 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #552,054
  • Oct 8, 2020 1:33pm Oct 8, 2020 1:33pm
Quoting gatenio
{quote} this is not the problem.. very hard to understand the pattern
Pound???

There's no pattern....

Only fakes......
...
.. .. And yes down
Beware of robber banks (RB), bad advisors.
  • #552,055
  • Oct 8, 2020 1:36pm Oct 8, 2020 1:36pm
Quoting shahab8b
Well, I have a clear bearish bias atm as long as it stays below 1.30. But trying to be unbiased. Looking at the weekly line chart. If we do get a weekly bullish close (preferably above 1.30), this could be a W pattern. {image}
Uuummmm i see this.... ... aaah nevermind.. just my eyes playing tricks maybe...
Attached Image (click to enlarge)
Click to Enlarge Name: 20201009_013422.png Size: 186 KB
Trade with prediction = witch with her visions lol
  • #552,056
  • Oct 8, 2020 1:39pm Oct 8, 2020 1:39pm
this black line is right I'm not moving it ...
this is personal between me and market maker
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 01 GBPUSD-4-hours.png Size: 38 KB
Click to Enlarge Name: Screenshot 2020-10-08 at 19.37.24.png Size: 444 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #552,057
  • Oct 8, 2020 1:41pm Oct 8, 2020 1:41pm
Quoting hayanidania
{quote} Hye man... Long time no see.. Buying GU at 1.25??
Hi

Buying??

Must be a sunstroke

When these liars finally break the fake Brexit we can buy pound at 1.14 or 1.20. .
I did sell little. I mean I avoid pound....

If ya all remember I said it'll oscillate big time.... Then Bozo lies came.... .
Patience... Sell
Beware of robber banks (RB), bad advisors.
  • #552,058
  • Oct 8, 2020 1:43pm Oct 8, 2020 1:43pm
Similar to Bones's one.... But in cartoons.

Two years old cartoon

Nothing has changed. Or....
It's gotten worse
Attached Image
Beware of robber banks (RB), bad advisors.
  • #552,059
  • Oct 8, 2020 1:44pm Oct 8, 2020 1:44pm
Quoting okanemici
{quote} As I said, its not worth it. Will keep my long and enjoy the night. Green pips all.
Let's see how the night goes...
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 32 KB
  • #552,060
  • Oct 8, 2020 2:01pm Oct 8, 2020 2:01pm
slow motion car crash, wait for next signal in this one ,or bones black line?won't be moved again
Attached Image (click to enlarge)
Click to Enlarge Name: 01 GBPUSD-4-hours.png Size: 38 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
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