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Cable Update (GBPUSD)

  • #563,281
  • Dec 3, 2020 8:02am Dec 3, 2020 8:02am
If bulls are so strong (I see 1.375 is the minimum target now, 1.4 a sure thing), could you please push another 40 pips for me to short? Thank you!
  • #563,282
  • Dec 3, 2020 8:03am Dec 3, 2020 8:03am
Quoting navk
{quote} started with gold nowadays?
gold helped me on Tuesday to grow from 160 to 500 $ in my account.
yesterday the drop in the gu cut my account again to 160 $
gold is very aggressive , and if you serf it in the right direction , you can make a lot in little time .
for example :
with my margin i can trade for 1.3 $ for every pips in the gu , i can expect to catch move for max. 50-70 pips in the best scenario and earn 65-90 $.
in gold i can trade for 10$ per point , and you can easily catch 10 points move and earn 100 $
yes yes yes
  • #563,283
  • Dec 3, 2020 8:03am Dec 3, 2020 8:03am
Quoting pipfarm
{quote} If you look at the bigger picture on H4 there is a clear larger swing support @1848 that may be the target area before the retest
I saw that too.. though mine shows 1850.
But I quickly put a few lines and arrow on a chart to further illustrate.
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSDH1.png Size: 60 KB
  • #563,284
  • Dec 3, 2020 8:05am Dec 3, 2020 8:05am
Quoting Moty
{quote} his time has come , 1850 is a max top for him. gold is bullish but in a corrective move , after breaking all time high 1920 {image} {image}
I'd say apply a bit of caution. Feel free to glance through the chart I just posted.
Since I am not trading it ATM, I can't suggest much.

You have your reason for getting in
StaySafe M
  • #563,285
  • Dec 3, 2020 8:06am Dec 3, 2020 8:06am
Quoting VM.
Would be funny if we reach 1.28 before 1.35. Happened before, you know. ))
  • #563,286
  • Dec 3, 2020 8:07am Dec 3, 2020 8:07am
Quoting JayBag
{quote} I saw that too.. though mine shows 1850. But I quickly put a few lines and arrow on a chart to further illustrate. {image}
yes it is 1850 , sometimes i just look without going into fine numbers

i would only expect a return to between 1820 and 1800

Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSDH4.png Size: 36 KB
Follow The Markets Structure - Patience and Discipline
  • #563,287
  • Dec 3, 2020 8:08am Dec 3, 2020 8:08am
1.34817-1.35141 is a res zone , i belive it will retrace from there for atleast 100 pips like 1.33796 did sevaral times
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gu1.png Size: 15 KB
Click to Enlarge Name: gu2.png Size: 17 KB
yes yes yes
  • #563,288
  • Dec 3, 2020 8:08am Dec 3, 2020 8:08am
keep buying the gbp
easy cash

buying more
Make money by doing the opposite of Giveachance aka loser
  • #563,289
  • Dec 3, 2020 8:10am Dec 3, 2020 8:10am
Quoting Fredo219
Going long now for 100 pips ✌. 1:1
SL moved to BE.
Trade now risk free
Patience.....
  • #563,290
  • Dec 3, 2020 8:11am Dec 3, 2020 8:11am
GU is around sell zone
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20201203-193755.jpg Size: 79 KB
  • #563,291
  • Dec 3, 2020 8:13am Dec 3, 2020 8:13am
Quoting JayBag
{quote} I saw that too.. though mine shows 1850. But I quickly put a few lines and arrow on a chart to further illustrate. {image}
i am planning to take profit at 1827 , exactly when is the pull back area
yes yes yes
  • #563,292
  • Dec 3, 2020 8:13am Dec 3, 2020 8:13am
Hard sell zone today 1.3504
  • #563,293
  • Dec 3, 2020 8:14am Dec 3, 2020 8:14am
Quoting pipfarm
{quote} yes it is 1850 , sometimes i just look without going into fine numbers i would only expect a return to between 1820 and 1800 {image}
Aha, putting a line at 1850. Will watch reaction there.
I may consider putting a small buy if we get that 'swing retest' but won't bother selling it for it

SS
  • #563,294
  • Dec 3, 2020 8:14am Dec 3, 2020 8:14am
Quoting Moty
{quote} i am planning to take profit at 1827 , exactly when is the pull back area
Big boys already aiming 1863 tp. Why still short.. Will catch off guard.
  • #563,295
  • Dec 3, 2020 8:15am Dec 3, 2020 8:15am
Oh well, GU now officially broke the 100% weekly PIV..
We may be facing an impulse

SS
  • #563,296
  • Dec 3, 2020 8:17am Dec 3, 2020 8:17am
  •  Rgkc
  • | Joined Dec 2010 | Status: Never stop learning about forex! | 419 Posts
Add short at 3471.
SL 3520
Tp 3420
Studing..............
  • #563,297
  • Dec 3, 2020 8:17am Dec 3, 2020 8:17am
Final SELL for me in Year 2020 ... Sold again at 1.3472.
Data + Stat + Risk/Emotions Management
  • #563,298
  • Dec 3, 2020 8:21am Dec 3, 2020 8:21am
Quoting Georginson
Final SELL for me in Year 2020 ... Sold again at 1.3472.
Do you still have your sells from the lower levels?
  • #563,299
  • Dec 3, 2020 8:23am Dec 3, 2020 8:23am
Quoting JayBag
Oh well, GU now officially broke the 100% weekly PIV.. We may be facing an impulse SS

B wave of expanding flat, double zigzag always gets everyone as looks like an impulse , i am probably wrong

however internal structure thus far is correct a =3 waves b=3waves and c will be an impulse 5 waves

Attached Image (click to enlarge)
Click to Enlarge Name: expanding-flat-primer.png Size: 13 KB


Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 36 KB
Follow The Markets Structure - Patience and Discipline
  • #563,300
  • Dec 3, 2020 8:28am Dec 3, 2020 8:28am
Quoting nessus94
{quote} 99% here lose money but they want you to think they make money its fun
Now I think I understand why u said 99% lost money in here.. Lolx. Good luck n green pips.
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