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Cable Update (GBPUSD)

  • #565,001
  • Dec 11, 2020 5:12am Dec 11, 2020 5:12am
Quoting Gym4life
{quote} {image}
You were right
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  • #565,002
  • Dec 11, 2020 5:15am Dec 11, 2020 5:15am
My next long try zone will be here 1.31300-131500
Extreme gut feeling trader
  • #565,003
  • Dec 11, 2020 5:16am Dec 11, 2020 5:16am
Quoting abconqq7
{quote} what i told already. GBP will be drop more
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yes yes yes
  • #565,004
  • Dec 11, 2020 5:17am Dec 11, 2020 5:17am
Quoting VM.
I don't plan to close my short soon. From fundamental perspective, things are as bad as they can be for UK. Market may not realise it now, but we will start a descent into chaos unless a path to a deal can be found. I don't think many here in the UK lived through an economic collapse; I have, and trust me, it will be much worse than people imagine now as a "worst case scenario". From the technical perspective, I think upward targets were reached at 1.35+, and we saw reversal of the trend. Pound weakness is evident. I am not yet satisfied that dollar...

You might get a shock , if pa plays out as it normally does then a daily rebound to 3400 is on the cards
Follow The Markets Structure - Patience and Discipline
  • #565,005
  • Dec 11, 2020 5:17am Dec 11, 2020 5:17am
And also gold is going down slowly hoping to see below 1820 soon
Extreme gut feeling trader
  • #565,006
  • Dec 11, 2020 5:18am Dec 11, 2020 5:18am
Quoting Moty
{quote} {image}
Your on a roll today nice.... remember dont over trade its fryday anything possible
Extreme gut feeling trader
  • #565,007
  • Dec 11, 2020 5:27am Dec 11, 2020 5:27am
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yes yes yes
  • #565,008
  • Dec 11, 2020 5:28am Dec 11, 2020 5:28am
Quoting montygoldy
{quote} its FRYday anything possible.... if you check monthly on gold....i feel it can be a same candle as last month.... i.e inverted hammer...
so you were right about gold dropping, congratulation on your pips
  • #565,009
  • Dec 11, 2020 5:29am Dec 11, 2020 5:29am
Hi, Newbie here posting for the first time after learning a lesson

I opened an FBS Trade 100 Bonus account about 10 days ago. From the $100 no deposit bonus I have managed to make $86 in just 10 days.

Well...it might as well have been a DEMO account because I have just accepted that I will not be able to meet their many terms and conditions. e.g trade 5 lots before $100 profit

I feel stupid because I should have done my research and not get my hopes up.

Upside is that now I know I am not that bad at this even though there is still much to learn.

Will come back when I can afford to deposit my own funds because these no deposit promos are bull$h!t
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  • #565,010
  • Dec 11, 2020 5:29am Dec 11, 2020 5:29am
Quoting montygoldy
{quote} Your on a roll today nice.... remember dont over trade its fryday anything possible
Great to see you there, always great advices by yourself
  • #565,011
  • Dec 11, 2020 5:30am Dec 11, 2020 5:30am
Quoting fxmasterdxb
{quote} so you were right about gold dropping, congratulation on your pips
Still holding first tp will be below 1820 then mAybe scalp some longs.......
Extreme gut feeling trader
  • #565,012
  • Dec 11, 2020 5:37am Dec 11, 2020 5:37am
Quoting montygoldy
{quote} Still holding first tp will be below 1820 then mAybe scalp some longs.......
I take my words back ...... 1824 seems to be tough nut to crack for now.,. So closed all positions at 1827..,. N opened some longs for tp 1832...,, better to make money both ways rather than waiting n hoping for fantasy target


edit: as the upward thrust is strong i believe the hourly candle can touch 1835... so thats the new tp n sl is already positive...
Extreme gut feeling trader
  • #565,013
  • Dec 11, 2020 5:42am Dec 11, 2020 5:42am
As for cable its nicely settling below 1.32.... my gut says more downward pressure coming soon... purely gut sentiment
Extreme gut feeling trader
  • #565,014
  • Dec 11, 2020 5:43am Dec 11, 2020 5:43am
Quoting Kaysole
{quote} SL Hit I'm gonna give it another shot. [email protected] [email protected] [email protected]
You are brave. So much money to waste...
Damage
  • #565,015
  • Dec 11, 2020 5:46am Dec 11, 2020 5:46am
GU setting target @1.3140-50s, a Max. Movement might take it to 1.3090s, that's are good buy level.
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #565,016
  • Dec 11, 2020 5:55am Dec 11, 2020 5:55am
1.28 ish by eod anyone?
In tea leaves we trust!
  • #565,017
  • Dec 11, 2020 5:57am Dec 11, 2020 5:57am
I think it has more room to go down. I may consider going long @ 1.31.
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  • #565,018
  • Dec 11, 2020 5:59am Dec 11, 2020 5:59am
Quoting Mcbeaners
1.28 ish by eod anyone?
eod ? in your dream anything is possible
Make money by doing the opposite of Giveachance aka loser
  • #565,019
  • Dec 11, 2020 6:00am Dec 11, 2020 6:00am
Bought @ 1.31881 and just closed my sell. Happy and grateful!
  • #565,020
  • Dec 11, 2020 6:02am Dec 11, 2020 6:02am
Bought again at 1.3178 both target now 1.3280.
Data + Stat + Risk/Emotions Management
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