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Cable Update (GBPUSD)

  • #557,621
  • Nov 6, 2020 10:13am Nov 6, 2020 10:13am
Quoting nessus94
Keep buying like i said more Upside buying more on top
where do you see it going to? what is the target?
  • #557,622
  • Nov 6, 2020 10:14am Nov 6, 2020 10:14am
Quoting nessus94
Keep buying like i said more Upside buying more on top
before the first big retracement
  • #557,623
  • Nov 6, 2020 10:15am Nov 6, 2020 10:15am
Quoting Mitiblotch
{quote} Hi Coreg, beautiful chart as always. I sold 3143 and was in about 50 pips profit when it fell to 3092 but didn't bank it. It kept fluctuating and so I booked with about 17 pips profit. It appears it wants to spike out that top. EU already did 100 pips rise today and GU barely 60-something pips. I usually dont like when they don't align. So I am staying out. If it breaks the top I will wait and sell the very top. If it dumps I will not buy.
eu and gu not aligning in recent times.
  • #557,624
  • Nov 6, 2020 10:15am Nov 6, 2020 10:15am
Quoting shahab8b
{quote} I think it's forming an expanding triangle as wave 4. {image}
That expanding triable worked well. 1.32 might be a good place to short it.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM15 1164.png Size: 43 KB
  • #557,625
  • Nov 6, 2020 10:16am Nov 6, 2020 10:16am
Wave 5 its 3177 maybe a poke out

Wave 3 its 3240 min
Follow The Markets Structure - Patience and Discipline
  • #557,626
  • Nov 6, 2020 10:18am Nov 6, 2020 10:18am
P.S. It's time to start putting the chart back together,
After "Jr." tried to 'Poo-Poo' things earlier this morning...

As mentioned by 'Pip-Farm', -(forgive me brother, for quoting here,
Maybe not so 'Precisely'), -But that was an Expansion / or Exhaustive Wave-Set,
That just got "Played-Out". And he's right, it's Tricky for all of us that care to admit so.

-We'll try to play with just "Letters" instead of "Number's" later, for Jr. -if i care to waste my time.
I know Math is harder for this Generation, that 'Soils their Pants', Destroys Buildings & Tears down Cities,
Pierces & Cut's themselves, -when they don't get their way, Poo-Poo others & cry & go sit in the corner & "count".
-See Counting to them is bad, -it's just plain evil. They have ALOT of Pyschosis related to this, -Hence, "Numbering is Bad".
Our Generation was spanked, (Cried as Mark Douglas Talks About, -Expelling the Negative, i might add)-And we moved on.
Alot of Phycology in Trading "Folk's"... Don't let them ruin your day.
I will work to Objectively Identify my Edges
  • #557,627
  • Nov 6, 2020 10:20am Nov 6, 2020 10:20am
Attached Image (click to enlarge)
Click to Enlarge Name: CamScanner 11-09-2020 18.19_1.jpg Size: 128 KB
yes yes yes
  • #557,628
  • Nov 6, 2020 10:21am Nov 6, 2020 10:21am
Quoting pipfarm
Wave 5 its 3177 maybe a poke out Wave 3 its 3240 min
Love it Brother...
Love it when time takes it's path & things come together.
I will work to Objectively Identify my Edges
  • #557,629
  • Nov 6, 2020 10:26am Nov 6, 2020 10:26am
Quoting genadi
{quote} where do you see it going to? what is the target?
1,33 minimum up to 1,35 then maybe 1,30
Make money by doing the opposite of Giveachance aka loser
  • #557,630
  • Nov 6, 2020 10:27am Nov 6, 2020 10:27am
WHO IS GOING WIN
  • #557,631
  • Nov 6, 2020 10:31am Nov 6, 2020 10:31am
My 4H chart looking like a 1.32 area rise
Attached Image (click to enlarge)
Click to Enlarge Name: ccdd7c5abe810704f2f03f10c44facb8.png Size: 93 KB
Insane in the Brain..
  • #557,632
  • Nov 6, 2020 10:35am Nov 6, 2020 10:35am
Quoting firsttimer
{quote} eu and gu not aligning in recent times.
True. But from the charts I can always tell when they are supposed to align intraday, at least.
  • #557,633
  • Nov 6, 2020 10:42am Nov 6, 2020 10:42am
Summary of this weeks trades

Bulls ate
Bears ate
Pigs (like me) got slaughtered

See you next week
when you can accurately predict the future, you leave nothing to chance.
  • #557,634
  • Nov 6, 2020 10:44am Nov 6, 2020 10:44am
Where is MR MOZZARELLA now, needs to put his pdfs in the trash now


Follow The Markets Structure - Patience and Discipline
  • #557,635
  • Nov 6, 2020 10:45am Nov 6, 2020 10:45am
Quoting genadi
{quote} where do you see it going to? what is the target?
This Math Should Help you with some "What if's", -for those that 'Dare' to think in Probabilities...
You Figure Just "Where," -you need to Stick these (Excuse me), "Number's", and you'll have some targets;
-It's gonna require a pencil & some math though, -I know that will cause some frustration for some in here:
Scenario 1) The Lower, Initial Call: Scenario 2) The Bigger "Shooting Match / Possibility"
1.30488 1.31392
-1.29130 -1.28535
----------- -----------

Now, -This may take time, it may take some patience to Make / Create on the Charts;
But i dawgone guarantee, these are the kind of "probabilities" that are going thru the mind(s) at Trader's-Desk's right now.
I will work to Objectively Identify my Edges
  • #557,636
  • Nov 6, 2020 10:46am Nov 6, 2020 10:46am
253-214 for Biden. House for Democrats. Tie on Senate until now!
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #557,637
  • Nov 6, 2020 10:51am Nov 6, 2020 10:51am
Quoting ChiForex
253-214 for Biden. House for Democrats. Tie on Senate until now!
What Senate is tied? The Senate is red.
  • #557,638
  • Nov 6, 2020 10:51am Nov 6, 2020 10:51am
price looks good to start adding shorts... or may be wait a bit more for a better entry....
Extreme gut feeling trader
  • #557,639
  • Nov 6, 2020 10:55am Nov 6, 2020 10:55am
I think price just wants to take out last months high badly

Then it might be time for some downside
  • #557,640
  • Nov 6, 2020 10:56am Nov 6, 2020 10:56am
Quoting TerpFan2
{quote} This Math Should Help you with some "What if's", -for those that 'Dare' to think in Probabilities... You Figure Just "Where," -you need to Stick these (Excuse me), "Number's", and you'll have some targets; -It's gonna require a pencil & some math though, -I know that will cause some frustration for some in here: Scenario 1) The Lower, Initial Call: Scenario 2) The Bigger "Shooting Match / Possibility" 1.30488 1.31392 -1.29130 -1.28535 ----------- ----------- Now, -This may take time, it may take some patience to Make / Create on the Charts;...
thanks, these numbers make sense, but price is moving up, what about numbers above the current price?
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