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Cable Update (GBPUSD)

  • #564,461
  • Dec 9, 2020 2:39am Dec 9, 2020 2:39am
Quoting Georginson
SELL OPENED AT 1.3416... my target is 1.3296.
Very valid target, im actually looking for a long setup around the same price
  • #564,462
  • Dec 9, 2020 2:41am Dec 9, 2020 2:41am
Lesson to the newbies:
1) study the charts
2) develop your own system
3) execute the trade with SL and TP
4) refrain from reading this thread until your positions are closed
Lost....
  • #564,463
  • Dec 9, 2020 2:41am Dec 9, 2020 2:41am
tp hit on all the longs opened in last two days... now its time to wait for any brexit rumours or deal... to scalp...
Extreme gut feeling trader
  • #564,464
  • Dec 9, 2020 2:42am Dec 9, 2020 2:42am
I cant see any swing trade opportunities until this range area is broken and retested honestly, just scalps for now.

Volatility might be impressive during this session. Careful..
  • #564,465
  • Dec 9, 2020 2:42am Dec 9, 2020 2:42am
Quoting gespiri
Lesson to the newbies: 1) study the charts 2) develop your own system 3) execute the trade with SL and TP 4) refrain from reading this thread until your positions are closed
I strongly agree, sentiment changes rapidly here......
  • #564,466
  • Dec 9, 2020 2:44am Dec 9, 2020 2:44am
Quoting stardust83
{quote} I'm with you ... but this 61.8 fibo {image}
It's only a matter of time. Bulls will dislocate highs and I am here for it.
Let's just give it time and see how it goes.

SS
  • #564,467
  • Dec 9, 2020 2:45am Dec 9, 2020 2:45am
GOLD currently staring hard at 1900
  • #564,468
  • Dec 9, 2020 2:45am Dec 9, 2020 2:45am
Quoting JayBag
{quote} It's only a matter of time. Bulls will dislocate highs and I am here for it. Let's just give it time and see how it goes. SS
little help

//
German Chancellor Merkel: There Still Is A Chance For A Brexit Agreement -Cannot Promise A Breakthrough At Tomorrow's Council Meeting
//
  • #564,469
  • Dec 9, 2020 2:45am Dec 9, 2020 2:45am
Quoting montygoldy
tp hit on all the longs opened in last two days... now its time to wait for any brexit rumours or deal... to scalp...
It just hit 61.8% retracement at 1.34192. This is a good level to watch for shorts (all the way to 1.3427).
SL 15+ above the top. We'll see....
Lost....
  • #564,470
  • Dec 9, 2020 2:47am Dec 9, 2020 2:47am
Quoting JayBag
GOLD currently staring hard at 1900

New year 2100 anyone?
  • #564,471
  • Dec 9, 2020 2:52am Dec 9, 2020 2:52am
Quoting krakFX
{quote} New year 2100 anyone?
Possible!
Since I barely trade GOLD, I am currently targeting 1900 for now.. My initial entry area could be retested for 2100 who knows..
But first, I need 1900..

Let's see how it all pans out
SS
  • #564,472
  • Dec 9, 2020 3:04am Dec 9, 2020 3:04am
How are shorts ? Still seeing 1,31 ? 1,30’? 1,29 ?

see you at 1,37 first lol
Make money by doing the opposite of Giveachance aka loser
  • #564,473
  • Dec 9, 2020 3:05am Dec 9, 2020 3:05am
Quoting emannnn
{image}
NICE CALL MATE .
TOOK long on the break up

close up
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: gu2.png Size: 34 KB
yes yes yes
  • #564,474
  • Dec 9, 2020 3:06am Dec 9, 2020 3:06am
Quoting nessus94
How are shorts ? Still seeing 1,31 ? 1,30’? 1,29 ? see you at 1,37 first lol
Still short, still happy with my position ;-)
A fool and his money are easily parted
  • #564,475
  • Dec 9, 2020 3:08am Dec 9, 2020 3:08am
Quoting MozzChops
{quote} Still short, still happy with my position ;-)
i hope you won't get hurt too much
Make money by doing the opposite of Giveachance aka loser
  • #564,476
  • Dec 9, 2020 3:12am Dec 9, 2020 3:12am
good just close my long now im go with bears take short from 1.3427.. lets see what happen next... interesting set up.. bull very powerfull but i dont wanna buy and not hold because as intraday trader my target for long has reached..
Trade what you see, not what you think.. react and stay sharp..
  • #564,477
  • Dec 9, 2020 3:12am Dec 9, 2020 3:12am
Quoting JayBag
{quote} Possible! Since I barely trade GOLD, I am currently targeting 1900 for now.. My initial entry area could be retested for 2100 who knows.. But first, I need 1900.. Let's see how it all pans out SS
Well gold could reach somewhere between 1889 and 1902 but that would be the top, meanwhile it seems it will take some breather and retrace a bit before continuation (if the continuation happens)
  • #564,478
  • Dec 9, 2020 3:14am Dec 9, 2020 3:14am
Scalping
Attached Image (click to enlarge)
Click to Enlarge Name: gu.png Size: 20 KB
  • #564,479
  • Dec 9, 2020 3:16am Dec 9, 2020 3:16am
Quoting fxmasterdxb
{quote} Well gold could reach somewhere between 1889 and 1902 but that would be the top, meanwhile it seems it will take some breather and retrace a bit before continuation (if the continuation happens)
Fair enough target.
As for if it will continue, there may be high chance of continuation if we close above 1825 on the monthly side of things.

GOLD is a beast
  • #564,480
  • Dec 9, 2020 3:18am Dec 9, 2020 3:18am
A minute of British humour.
Listened to a Brexit overview last night, and the presenter said: "Will Boris Johnson go to Brussels and for the first time in his life, do what is good for the country, and not just himself? May well be. But the words "for the first time in his life" clearly don't spark too much optimism".
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