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Cable Update (GBPUSD)

  • #564,661
  • Dec 9, 2020 10:41am Dec 9, 2020 10:41am
Quoting Moty
up up and away {image} {image}
I think you might make some Duckett$ out of this one Moty,
I will just probably monitor, where i can...

Good Pipping Today & Best of Working on the Pip's,
My Best
I will work to Objectively Identify my Edges
  • #564,662
  • Dec 9, 2020 10:45am Dec 9, 2020 10:45am
Quoting pipfarm
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 {image}
Yeap,

You could tell on it's structure of the 4hr,
w/Wave-C of B, being broken-up into 5 Waves, (at least my crude 'gleaning');
That that was a "B" wave.

But after a week ago, i allow anything to happen, that i should not predict.
Thanks Pipfarm,

Good Post for Us
I will work to Objectively Identify my Edges
  • #564,663
  • Dec 9, 2020 10:49am Dec 9, 2020 10:49am
Quoting pipfarm
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 {image}

This is not a correction, it is a reversal of the whole of the previous H1 uptrend
Follow The Markets Structure - Patience and Discipline
  • #564,664
  • Dec 9, 2020 10:57am Dec 9, 2020 10:57am
am i sure the crap pound selling
  • #564,665
  • Dec 9, 2020 11:00am Dec 9, 2020 11:00am
Quoting greengp
am i sure the crap pound selling
then i change my attitude
  • #564,666
  • Dec 9, 2020 11:03am Dec 9, 2020 11:03am
  •  Rgkc
  • | Joined Dec 2010 | Status: Never stop learning about forex! | 419 Posts
What hour Boris talk?
Studing..............
  • #564,667
  • Dec 9, 2020 11:04am Dec 9, 2020 11:04am
Quoting Rgkc
What hour Boris talk?
They start the dinner now.
  • #564,668
  • Dec 9, 2020 11:06am Dec 9, 2020 11:06am
Quoting pipfarm
{quote} This is not a correction, it is a reversal of the whole of the previous H1 uptrend
I think it may have another leg up if it remains above 1.3350 and that TL. Maybe not as high as the previous leg (1.3477).
Attached Image (click to enlarge)
Click to Enlarge Name: GU 129 345.GIF Size: 78 KB
  • #564,669
  • Dec 9, 2020 11:31am Dec 9, 2020 11:31am
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
Closed one position on 1.3382, decided to reduce my risk, still have the one opened @ 1.3380
  • #564,670
  • Dec 9, 2020 11:35am Dec 9, 2020 11:35am
Daily candle can be really dangerous
  • #564,671
  • Dec 9, 2020 11:43am Dec 9, 2020 11:43am
I wonder if it will be a candle lit dinner?
  • #564,672
  • Dec 9, 2020 11:44am Dec 9, 2020 11:44am
Ohhhh look


Was right about 200 pips spikes.

Sue me
Beware of robber banks (RB), bad advisors.
  • #564,673
  • Dec 9, 2020 11:48am Dec 9, 2020 11:48am
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?
Hi Jay


Long time no see bud.

I have two opinions, as stated hundred times

A. Avoid pound if you're newbie or you can't take 300 pips drawdown with laughter. I can I add.

B. Sell higher.

And occasionally I buy for miserable 100 pips. Sue me while I hold BIGGER short.
Call it hedge

Easy

But I'm not bothered with targets and numbers 1.3123567 hows that . I don't care.

I sell NOT ALWAYS but when I want to.

And I don't bother anymore to post targets ... This thread is duuuum. I'm against silly

Trade safe Jay
Beware of robber banks (RB), bad advisors.
  • #564,674
  • Dec 9, 2020 12:03pm Dec 9, 2020 12:03pm
Quoting fxmasterdxb
{quote} Closed one position on 1.3382, decided to reduce my risk, still have the one opened @ 1.3380
You are good! Thank you, i followed you prediction, but i don’t have enough courage and close with 5pips profit, because of big exp 0.5m....and 2 stops because of rumours for Brexit last 2 days.....fear....
  • #564,675
  • Dec 9, 2020 12:44pm Dec 9, 2020 12:44pm
Quoting achv
{quote} You are good! Thank you, i followed you prediction, but i don’t have enough courage and close with 5pips profit, because of big exp 0.5m....and 2 stops because of rumours for Brexit last 2 days.....fear....
Thank you for the complement, please do use your own analysis to enter any position, you can use my numbers to see if it fits in your analysis
  • #564,676
  • Dec 9, 2020 12:44pm Dec 9, 2020 12:44pm
Quoting Not-KPMG
{quote} Hi Jay Long time no see bud. I have two opinions, as stated hundred times A. Avoid pound if you're newbie or you can't take 300 pips drawdown with laughter. I can I add. B. Sell higher. And occasionally I buy for miserable 100 pips. Sue me while I hold BIGGER short. Call it hedge Easy But I'm not bothered with targets and numbers 1.3123567 hows that . I don't care. I sell NOT ALWAYS...
We newbies usually sell or buy when WE DONT WANT TO ...
Attached Image
  • #564,677
  • Dec 9, 2020 12:50pm Dec 9, 2020 12:50pm
Quoting Steamroller
I wonder if it will be a candle lit dinner?
I think they eat in the dark so Boris can get used to what it's like when the lights go out in the UK.
the highest point comes before the fall
  • #564,678
  • Dec 9, 2020 12:55pm Dec 9, 2020 12:55pm
Quoting fxmasterdxb
{quote} 1833 is reached, im not longing now waiting for a clear signal, dont want to mess with the beast
Missed a very good opportunity to enter @ 1827 been concentrating on my cable positions
  • #564,679
  • Dec 9, 2020 1:04pm Dec 9, 2020 1:04pm
Loving the 1 min chart on cable, a lesson in chart patterns..
Attached Image (click to enlarge)
Click to Enlarge Name: eurusdmon1.jpg Size: 472 KB
  • #564,680
  • Dec 9, 2020 1:04pm Dec 9, 2020 1:04pm
  •  Rgkc
  • | Joined Dec 2010 | Status: Never stop learning about forex! | 419 Posts
Quoting fxmasterdxb
{quote} Missed a very good opportunity to enter @ 1827 been concentrating on my cable positions
The same here
Studing..............
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