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Cable Update (GBPUSD)

  • #564,641
  • Dec 9, 2020 11:19am Dec 9, 2020 11:19am
Sold more at 386
Que Sera
  • #564,642
  • Dec 9, 2020 11:24am Dec 9, 2020 11:24am
Caution needed. Do not get trapped. Price already completed 100 pips retracement from today's high.
Data + Stat + Risk/Emotions Management
  • #564,643
  • Dec 9, 2020 11:35am Dec 9, 2020 11:35am
Quoting Georginson
Caution needed. Do not get trapped. Price already completed 100 pips retracement from today's high.
Wake me up when its 2700 so a can watch the bounce & sell more before it falls out of the sky

Pretty sure the mrket has been factoring in more of a stimulus than 900b in the states so would not expect it to be pushing any higher....

We'll see tho.
Que Sera
  • #564,644
  • Dec 9, 2020 11:38am Dec 9, 2020 11:38am
Quoting Georginson
Caution needed. Do not get trapped. Price already completed 100 pips retracement from today's high.
Georginson, still 6-8% chances that both ends of ID (high and low) are in play the next day... but I don't take these trades.
Always trade your own plan...I don't provide trading signals.
  • #564,645
  • Dec 9, 2020 11:49am Dec 9, 2020 11:49am
Quoting pips123qwe
possible long setup, going bull {image}
congrats, 100 move up!!
  • #564,646
  • Dec 9, 2020 11:52am Dec 9, 2020 11:52am
Quoting Not-KPMG
{quote} I love technical guys And Elliott etc cr.p They come home crying and add money and concoct ANOTHER explanation.... or system ... and cycle repeats And that's how 80% lose money. Gooo technicals
Hey demotrader, you have no clue☠
  • #564,647
  • Dec 9, 2020 11:56am Dec 9, 2020 11:56am
Attached Image (click to enlarge)
Click to Enlarge Name: gu3.png Size: 25 KB
yes yes yes
  • #564,648
  • Dec 9, 2020 11:56am Dec 9, 2020 11:56am
Quoting JayBag
{quote} Bud, what’s your take on GU? You seem to be against everyone and everything. You suggest buying or selling? Target in mind?
he is only a troll, a poor man and demotrader
  • #564,649
  • Dec 9, 2020 11:59am Dec 9, 2020 11:59am
Well,
My Bears are at it again,
"Frolicking" in the 30m & 4 hr Candle Waters...

They've had a Bunch of Fun Today...
Happy Pipping "All"
Gosh Dang had' Stop to close to the River-In Profit. Shucks!
Attached Image (click to enlarge)
Click to Enlarge Name: 12_9_2020 ICHIMOKU BEARS on GU.png Size: 223 KB

Well, i'll settle on a 5% day ATM,
Fun Stuff, I hope you all get want you want out of her.
Either 1.3330's or back to the 134's.
My Best Gang,

Jeff P.S. You Better not hope that 4hr Closes OUTSIDE of that River to the Downside! There's Def More in the Tank She can Go!
I will work to Objectively Identify my Edges
  • #564,650
  • Dec 9, 2020 12:05pm Dec 9, 2020 12:05pm
Quoting Maximumheigh
{quote} Offloaded some shorts again. 1.336x here we come!. A little pullback, next level will be 1.3300. IMO
Offloaded my shorts. Tomorrow is another day!!!
Expecting more downward move.
  • #564,651
  • Dec 9, 2020 12:14pm Dec 9, 2020 12:14pm
Great Work as Well,
Captain (Maximum) & all...

P.S. My call, ... the 1.3319 "Area", then from there, who knows.
From there, or for a Turnaround here w/Bullish Stance, We go back for a BULL Wave-5 on the Wkly,
And or Daily. -Anything can happen.
I will work to Objectively Identify my Edges
  • #564,652
  • Dec 9, 2020 12:20pm Dec 9, 2020 12:20pm
Quoting TerpFan2
Great Work as Well, Captain (Maximum) & all... P.S. My call, ... the 1.3319 "Area", then from there, who knows. From there, or for a Turnaround here w/Bullish Stance, We go back for a BULL Wave-5 on the Wkly, And or Daily. -Anything can happen.
Thanks friend. You are doing greatly here !!!
  • #564,653
  • Dec 9, 2020 12:24pm Dec 9, 2020 12:24pm
Quoting fxmasterdxb
{quote} Here we go, im still having 1.3360 as optimal position for a long, however, i did take a small long @1.3380
Waiting for the decision of deal or no deal with two long positions @ 1.3360 & 1.3380, stops go at 1.3330 and TP open for the time being
  • #564,654
  • Dec 9, 2020 12:24pm Dec 9, 2020 12:24pm
up up and away
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gu1.png Size: 25 KB
Click to Enlarge Name: gu2.png Size: 31 KB
yes yes yes
  • #564,655
  • Dec 9, 2020 12:27pm Dec 9, 2020 12:27pm
Quoting fxmasterdxb
{quote} Waiting for the decision of deal or no deal with two long positions @ 1.3360 & 1.3380, stops go at 1.3330 and TP open for the time being
Depending on broker, SL may be filled much lower in the case of no deal.
  • #564,656
  • Dec 9, 2020 12:29pm Dec 9, 2020 12:29pm
Quoting gatenio
{quote} im taking my levels back, you are may be right. im taking gold step by step, day by day. anything can happen in covid days.
1833 is reached, im not longing now waiting for a clear signal, dont want to mess with the beast
  • #564,657
  • Dec 9, 2020 12:30pm Dec 9, 2020 12:30pm
Quoting VM.
{quote} Depending on broker, SL may be filled much lower in the case of no deal.
Not really, the spread with my broker does not get widened that much, max 4-6 pips which is still fine
  • #564,658
  • Dec 9, 2020 12:32pm Dec 9, 2020 12:32pm
Quoting Wavegarrick
{quote} Starting to get full sell confirmation signals from a 4hr perspective. Sell trade opened at 1.33541 with a 40 pip stop loss and will lock in asap. Trade safe Cheers. {image}
Hi Guys,
The grind continues for me. It has been a case of rinse and repeat until direction becomes more clear with my system. I am bearish until my system tells me otherwise. All trades locked in. I am hoping for a grind towards my green highlighted area of 1.31068 ish. It has been a scalpers paradise, but at some point, we should see a bit more trendy conditions.
Very tricky trading.
All the best
Cheers.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_903.png Size: 87 KB
Trade to trade another day
  • #564,659
  • Dec 9, 2020 12:38pm Dec 9, 2020 12:38pm
Quoting Maximumheigh
{quote} Thanks friend. You are doing greatly here !!!
We're having fun here, at least...
If it ain't fun, or you can't make it fun, -the heck w/it !

Once i see my bears -or bulls "Cross the River," i start making "Sport" of it all.
'Can't control myself & start the laughing. -Ha!

Good Deal today Maximum,
All the Best,

Jeff...
I will work to Objectively Identify my Edges
  • #564,660
  • Edited 12:53pm Dec 9, 2020 12:40pm | Edited 12:53pm
Deal or no deal

Break down of last up swing at point A with a retest of the old support to the left of swing A and failure to push to a new HH and moving back down through support then breaking the support area formed from wave B up , should retest then down again to point C

This is a reversal of the whole of the previous H1 uptrend hence i have marked the support area as the target from where the uptrend began with a triangle correction which i did not mark on the chart


Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 44 KB
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