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Cable Update (GBPUSD)

  • #552,761
  • Oct 13, 2020 8:50am Oct 13, 2020 8:50am
Quoting pipfarm
{quote} That is some weird abc you have drawn there but thanks anyway
pipfarm, that was the idea...it's nothing weird about...calculation commonly use in EW and HP
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Always trade your own plan...I don't provide trading signals.
  • #552,762
  • Oct 13, 2020 8:53am Oct 13, 2020 8:53am
Quoting Moty
{image}
why can't you scalp in the direct of the sell and try to recover ???? those arrow won't work for you because it has more room to the down side. Cable buys slowly but sells rapidly
  • #552,763
  • Edited 9:15am Oct 13, 2020 8:55am | Edited 9:15am
Quoting Coreg2004
{quote} pipfarm, that was the idea...it's nothing weird about...calculation commonly use in EW and HP {image} {image}

Lol, your counts change to suit the price action, you gave moty the plan and it failed but hey each to his own,


2966 as i update this post, what is it now? a range extension to the range extension.
Follow The Markets Structure - Patience and Discipline
  • #552,764
  • Oct 13, 2020 8:58am Oct 13, 2020 8:58am
Quoting VM.
This move is about dollar strength / risk aversion. With earnings season, there may be more of that. Brexit move has not yet started, but it probably will in a few days. Market is almost 100% certain talks will drag on... well, maybe so (I would give 50/50 chance to UK walking away), but if the market is wrong, the correction will be huge. I am still holding my short from 1.297, it were uncomfortable few days, and I am well aware that price may still go north, but fundamentals are in my favour I believe, and risk/return looks good.
Thursday will see if boris is playing or he has the balls to do what is saying.

Europe wants concessions from uk, uk wants concession from europe, nobody want to step back....if they walk out sterling will implode....and our short will flourish
Twitter: Rummer_grapes
  • #552,765
  • Oct 13, 2020 8:58am Oct 13, 2020 8:58am
They keep selling on ML.. and if channel it's continue they start buying soon...
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  • #552,766
  • Oct 13, 2020 8:59am Oct 13, 2020 8:59am
Wow wakeup with a massive down move... adding some long positions here ....
Extreme gut feeling trader
  • #552,767
  • Oct 13, 2020 8:59am Oct 13, 2020 8:59am
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yes yes yes
  • #552,768
  • Oct 13, 2020 8:59am Oct 13, 2020 8:59am
Quoting epzero
{quote} where is JayBag lol, he has gone back to his shell of losses later he will come here and say he is a trader, and for all those who said i wasn't good i hope today proved you all wrong.
he'll be back above 1,31 after another drawdown
Make money by doing the opposite of Giveachance aka loser
  • #552,769
  • Oct 13, 2020 8:59am Oct 13, 2020 8:59am
Quoting greengp
{quote} tp is not decided yet and i know my sl

so 1.3 is hit
  • #552,770
  • Oct 13, 2020 9:00am Oct 13, 2020 9:00am
try to long from 1.2969 lets see if we can go 1.307 area again
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Trade what you see, not what you think.. react and stay sharp..
  • #552,771
  • Oct 13, 2020 9:04am Oct 13, 2020 9:04am
h 4 trend line support care
  • #552,772
  • Oct 13, 2020 9:04am Oct 13, 2020 9:04am
Quoting Fredo219
Bought now for 150 pips. SL at 50 pips. 3:1. Let's see how it goes
Still holding..........
Patience.....
  • #552,773
  • Oct 13, 2020 9:05am Oct 13, 2020 9:05am
Quoting nessus94
{quote} he'll be back above 1,31 after another drawdown
lots of people are going long again lol why do they think the sell is over
  • #552,774
  • Oct 13, 2020 9:08am Oct 13, 2020 9:08am
Quoting greengp
h 4 trend line support care
buy sl 1.29645 tp 1.3
  • #552,775
  • Oct 13, 2020 9:08am Oct 13, 2020 9:08am
Quoting Bacco
{quote} Thursday will see if boris is playing or he has the balls to do what is saying. Europe wants concessions from uk, uk wants concession from europe, nobody want to step back....if they walk out sterling will implode....and our short will flourish
If it happens, may also be over the weekend. Boris may wait for EU summit to make a statement and in any case will need to summon the Cabinet before making tsuch a decision.
  • #552,776
  • Oct 13, 2020 9:10am Oct 13, 2020 9:10am
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yes yes yes
  • #552,777
  • Oct 13, 2020 9:11am Oct 13, 2020 9:11am
Quoting VM.
{quote} If it happens, may also be over the weekend. Boris may wait for EU summit to make a statement and in any case will need to summon the Cabinet before making tsuch a decision.
hey guys pls don't be lost this fall isn't about brexit because all the pairs even gold is dropping so it's more about the dollar strength, Rule no 1 never go against the dollar
  • #552,778
  • Oct 13, 2020 9:12am Oct 13, 2020 9:12am
Quoting VM.
{quote} If it happens, may also be over the weekend. Boris may wait for EU summit to make a statement and in any case will need to summon the Cabinet before making tsuch a decision.
So far looks like everybody is quite firm on their decisions....
Twitter: Rummer_grapes
  • #552,779
  • Oct 13, 2020 9:15am Oct 13, 2020 9:15am
Quoting greengp
h 4 trend line support care
buy sl 1.29645
  • #552,780
  • Oct 13, 2020 9:15am Oct 13, 2020 9:15am
Quoting epzero
{quote} hey guys pls don't be lost this fall isn't about brexit because all the pairs even gold is dropping so it's more about the dollar strength, Rule no 1 never go against the dollar
I am not saying that this sell off is about brexit. Of course is about dollar strenght. comodities and equities down too. We are saying that no deal would play nice as we have a short open since the 2990 area
Twitter: Rummer_grapes
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