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Cable Update (GBPUSD)

  • #561,721
  • Nov 27, 2020 8:48am Nov 27, 2020 8:48am
Quoting Moty
{quote} my tp is 1770 {image}

Always last to come to the party Moty
Follow The Markets Structure - Patience and Discipline
  • #561,722
  • Nov 27, 2020 8:49am Nov 27, 2020 8:49am
Quoting fxmasterdxb
{quote} I dont trade silver, gold works for me
i don't normally trade it either - tend to just lose money. but i believe the silvers landscape has changed.
In tea leaves we trust!
  • #561,723
  • Nov 27, 2020 8:50am Nov 27, 2020 8:50am
Quoting Moty
{quote} my tp is 1770 {image}
Wish you al the best buddy i dont mind 1770 at all
  • #561,724
  • Nov 27, 2020 8:52am Nov 27, 2020 8:52am
3360 hold we going down
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #561,725
  • Nov 27, 2020 8:52am Nov 27, 2020 8:52am
Quoting Mcbeaners
{quote} i don't normally trade it either - tend to just lose money. but i believe the silvers landscape has changed.
Trading gold requires extensive back testing on both demo and real account + proper money management + patience!
  • #561,726
  • Nov 27, 2020 8:53am Nov 27, 2020 8:53am
Quoting fxmasterdxb
{quote} Wish you al the best buddy i dont mind 1770 at all
Changed it 1o 1773
yes yes yes
  • #561,727
  • Nov 27, 2020 8:55am Nov 27, 2020 8:55am
Quoting Moty
{quote} my tp is 1770 {image}
am hate I was able to see this setup.. nice setup
99.9% persistence
  • #561,728
  • Nov 27, 2020 8:56am Nov 27, 2020 8:56am
Well this week has been a considerable none event... Both bulls and bears... Big dollar wants it up pre brexit yet obviously plenty offloading their pounds into the volume.

Time for a Friday evening walk & then a few beers.

Have a good one guys, signing off early for the weekend.
Que Sera
  • #561,729
  • Nov 27, 2020 8:57am Nov 27, 2020 8:57am
Quoting fxmasterdxb
{quote} Trading gold requires extensive back testing on both demo and real account + proper money management + patience!
like gold to trade a lot. anyway you can see i have loads of patience.
In tea leaves we trust!
  • #561,730
  • Nov 27, 2020 8:58am Nov 27, 2020 8:58am
added to my cable long here 335 ish
In tea leaves we trust!
  • #561,731
  • Nov 27, 2020 9:02am Nov 27, 2020 9:02am
Quoting fxmasterdxb
{quote} Closed short, shifted to long on 1778
My target is 1810 and yes im expecting gold to close the day above 1800
  • #561,732
  • Nov 27, 2020 9:13am Nov 27, 2020 9:13am
Quoting fxmasterdxb
{quote} My target is 1810 and yes im expecting gold to close the day above 1800
we'll see. market overall seems subdude
In tea leaves we trust!
  • #561,733
  • Nov 27, 2020 9:23am Nov 27, 2020 9:23am
Because of Gold, all forgot about GU
  • #561,734
  • Nov 27, 2020 9:23am Nov 27, 2020 9:23am
Expecting trading range for rest of the day
buy low sell high, scalp, or just sit and watch (my strategy)
Attached Image (click to enlarge)
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  • #561,735
  • Nov 27, 2020 9:28am Nov 27, 2020 9:28am
Better view on M30
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM30.png Size: 42 KB
  • #561,736
  • Nov 27, 2020 9:30am Nov 27, 2020 9:30am
1.35 by friday next week 4th dec a la options expiry. i won't hold it until then but let's see.
In tea leaves we trust!
  • #561,737
  • Nov 27, 2020 9:35am Nov 27, 2020 9:35am
Quoting Mcbeaners
1.35 by friday next week 4th dec a la options expiry. i won't hold it until then but let's see.
Those option expiries are meaningless to follow...90% of them are wrong each day.
Everyone can see the chart, but only a few can actually read it.
  • #561,738
  • Nov 27, 2020 9:36am Nov 27, 2020 9:36am
eurusd is setting up for higher highs I believe the gbp will too
99.9% persistence
  • #561,739
  • Nov 27, 2020 9:39am Nov 27, 2020 9:39am
wait for it
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99.9% persistence
  • #561,740
  • Edited 9:56am Nov 27, 2020 9:41am | Edited 9:56am
Attached Image (click to enlarge)
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Attached Image (click to enlarge)
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yes yes yes
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