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Cable Update (GBPUSD)

  • #557,101
  • Nov 5, 2020 2:07am Nov 5, 2020 2:07am
Quoting Arief-
today will be very interesting
Everything is interesting when you have enough scotch.
I will tear the world apart for you.
  • #557,102
  • Nov 5, 2020 2:26am Nov 5, 2020 2:26am
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yes yes yes
  • #557,103
  • Nov 5, 2020 2:26am Nov 5, 2020 2:26am
Closed eurUSD Took a long at 12970 , s/l at 12980

not sure when to close this one
Insane in the Brain..
  • #557,104
  • Nov 5, 2020 2:36am Nov 5, 2020 2:36am
Quoting BeeTogether
Closed eurUSD Took a long at 12970 , s/l at 12980 not sure when to close this one

Earlier on you were agreeing with someone posting a negative view on cable, all of a sudden you are long 12970 after price has moved up significantly , why did you not post your trade after you had taken it and by the way you can not put your stop higher than you entry price.

ps , this thread is not a bragfest for just posting ( i went long or i went short) have the courtesty to post your trades within a reasonable time of taking them and give and explanation of why you have taken the trade, otherwise start a journal to log your after the fact trades.
Follow The Markets Structure - Patience and Discipline
  • #557,105
  • Nov 5, 2020 2:40am Nov 5, 2020 2:40am
Quoting BeeTogether
Closed eurUSD Took a long at 12970 , s/l at 12980 not sure when to close this one
Buddy, wrong thread, haha.
I will tear the world apart for you.
  • #557,106
  • Nov 5, 2020 2:44am Nov 5, 2020 2:44am
If bidden win what happen usd pair?weak?
  • #557,107
  • Nov 5, 2020 2:44am Nov 5, 2020 2:44am
Quoting Barnell
{quote} Buddy, wrong thread, haha.
I should have said took long on cable lol
Insane in the Brain..
  • #557,108
  • Edited 3:14am Nov 5, 2020 2:51am | Edited 3:14am
G/M. ..now that's what you call a bullish engulfing candle on 1hr - the last closed - it engulfed the previous 7 candles on that t/f....Biden edging closer, BOE adds £50bn Qe, price reaches 4hr part of the prev 1hr/4hr prev sw hi zone to 3050 with 61.8% of the 3140-2854 move above it @ 3053. 1hr is below.
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Trader with an Edge.
  • #557,109
  • Nov 5, 2020 2:53am Nov 5, 2020 2:53am
Quoting pipfarm
{quote} Earlier on you were agreeing with someone posting a negative view on cable, all of a sudden you are long 12970 after price has moved up significantly , why did you not post your trade after you had taken it and by the way you can not put your stop higher than you entry price. ps , this thread is not a bragfest for just posting ( i went long or i went short) have the courtesty to post your trades within a reasonable time of taking them and give and explanation of why you have taken the trade, otherwise start a journal to log your after the...
mate I was agreeing with someone about potentially having the negative rates priced in.

with regards to not being a bragfest I wasn’t bragging, I took a punt on an up trend with tight s/l levels. Which I have moved along to b/e plus 10. Personally I believe I should’ve entered when GU had dropped to 12940 area however I missed that one so joined on the uptrend.

I usually follow signals from IG but took a simple calculated risk and it payed off
Insane in the Brain..
  • #557,110
  • Nov 5, 2020 2:58am Nov 5, 2020 2:58am
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yes yes yes
  • #557,111
  • Nov 5, 2020 3:04am Nov 5, 2020 3:04am
I use technical indicator to trade mainly EMA 5 and 10 crossover and 200ema on 30 min and 4hr. I am long from 1.2980 for now with tp at 1.3130and sl at breakeven so now its free trade.
  • #557,112
  • Nov 5, 2020 3:12am Nov 5, 2020 3:12am
Quoting Moty
{image}{image} {image}
Moty calls upon on the power of USD everyday lol.
I will tear the world apart for you.
  • #557,113
  • Nov 5, 2020 3:15am Nov 5, 2020 3:15am
I want to add to it at 1.3055 long with 20 pip sl
  • #557,114
  • Nov 5, 2020 3:26am Nov 5, 2020 3:26am
...consolidation now 3001-3040. Upside break more probable ? Time will tell...Uk data 4mins. Bailey speaking soon.
Trader with an Edge.
  • #557,115
  • Nov 5, 2020 3:27am Nov 5, 2020 3:27am
Quoting Headland
...consolidation now 3001-3040. Upside break more probable ? Time will tell...Uk data 4mins. Bailey speaking soon.
if it breaks 3040 i can see a rise towards 3100
Insane in the Brain..
  • #557,116
  • Nov 5, 2020 3:30am Nov 5, 2020 3:30am
Quoting Moty
{image}{image} {image}
we need rocket today not hammer
Attached Image
Insane in the Brain..
  • #557,117
  • Nov 5, 2020 3:31am Nov 5, 2020 3:31am
Im shorting now 1.303 tp 1.296
  • #557,118
  • Nov 5, 2020 3:32am Nov 5, 2020 3:32am
Markets are now pricing in a Biden win


Entry timeframe retesting the break out low with a triangular pattern and a break of the triangular pattern back in the direction of the main trend

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Higher timeframe confirming the trend and break/ retest

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Follow The Markets Structure - Patience and Discipline
  • #557,119
  • Nov 5, 2020 3:47am Nov 5, 2020 3:47am
Quoting beetogether
{quote} we need rocket today not hammer {image}
dx went from 94.3000 to 93.010 just to close the gap incompletely , for only 0.10 point , unbelievable
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yes yes yes
  • #557,120
  • Nov 5, 2020 3:48am Nov 5, 2020 3:48am
Hook patron is forming almost ready to go at 1.3040 long
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