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Cable Update (GBPUSD)

  • #566,481
  • Dec 17, 2020 8:49am Dec 17, 2020 8:49am
Quoting Wavegarrick
{quote} Lets hope that John Wick and Spike Lee can take out Bruce Lee. Crumbs I am feeling Sick Lee. I have a 50 Ninja pip stop loss. Only momentum trade and will lock in asap. Festive season upon us Trade safe Guys. Cheers {image}

I think we are all losing the plot here
Follow The Markets Structure - Patience and Discipline
  • #566,482
  • Dec 17, 2020 8:52am Dec 17, 2020 8:52am
Quoting Wavegarrick
{quote} Lets hope that John Wick and Spike Lee can take out Bruce Lee. Crumbs I am feeling Sick Lee. I have a 50 Ninja pip stop loss. Only momentum trade and will lock in asap. Festive season upon us Trade safe Guys. Cheers {image}
Damnn .. Word play and Rhyme is A1..
I'd never think of that..

Thanks for the Humor
Let's wait and see what the Lee duo are upto
  • #566,483
  • Dec 17, 2020 8:56am Dec 17, 2020 8:56am
Quoting pipfarm
{quote} I think we are all losing the plot here
lol anyway, Yes, I needed this chuckle. We have to smile, thanks PF and JB.
Cheers
Guys
Trade to trade another day
  • #566,484
  • Dec 17, 2020 9:16am Dec 17, 2020 9:16am
Attached Image (click to enlarge)
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yes yes yes
  • #566,485
  • Dec 17, 2020 9:16am Dec 17, 2020 9:16am
almost one hour and a half ago, I wrote:

Quoting Lock
Opportunity: back to back poor highs GB and Pit: 3604 and 3624
and here you are above 3604, trying for 3624...

Now, if you'll not see acceptation above 3604 and 3608 or 3624 if reached, expect liquidation, toward 35365-3555 and eventually to 3486. If instead you'll see acceptation above 3624, something major can occur upside.
Ubi maior minor cessat
  • #566,486
  • Dec 17, 2020 9:21am Dec 17, 2020 9:21am
Quoting Lock
almost one hour and a half ago, I wrote: {quote} and here you are above 3604, trying for 3624... Now, if you'll not see acceptation above 3604 and 3608 or 3624 if reached, expect liquidation, toward 35365-3555 and eventually to 3486. If instead you'll see acceptation above 3624, something major can occur upside.

Good post, how do you define acceptation?
Follow The Markets Structure - Patience and Discipline
  • #566,487
  • Dec 17, 2020 9:23am Dec 17, 2020 9:23am
Quoting pipfarm
{quote} Good post, how do you define acceptation?
A couple of m30 period closed above or below a certain level. But it's actually a more complex concept. Have a look to my thread, I wrote some posts about this topic. Have a nice trading and thank you.
Ubi maior minor cessat
  • #566,488
  • Dec 17, 2020 9:31am Dec 17, 2020 9:31am
Just seconds before my next TP agin ))
Attached Image (click to enlarge)
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  • #566,489
  • Dec 17, 2020 9:31am Dec 17, 2020 9:31am
Quoting Lock
{quote} A couple of m30 period closed above or below a certain level. But it's actually a more complex concept. Have a look to my thread, I wrote some posts about this topic. Have a nice trading and thank you.

Thanks , i do understand the acceptation level which is the lower high from the correction and of course i would look for a close from the time frame that initiated the move but i will have a look at your posts regarding acceptation as it is always interesting to see from another members point of view



Happy trading
Follow The Markets Structure - Patience and Discipline
  • #566,490
  • Dec 17, 2020 9:35am Dec 17, 2020 9:35am
they sucked the sellers in again
how any times will you fall for this?
in wondering about yourself, you forgot what you came here to be part of
  • #566,491
  • Dec 17, 2020 9:42am Dec 17, 2020 9:42am
Quoting knkie
they sucked the sellers in again how any times will you fall for this?

Smart money is now the dumb money, we hammered them big time, cable and geppy
Follow The Markets Structure - Patience and Discipline
  • #566,492
  • Dec 17, 2020 9:43am Dec 17, 2020 9:43am
exit my long from last dip.. waiting to see what happen next.. it can break and make new high or got rejected again.. off side for a while..
i have sell limit @1.3650 waiting to be trigered if we get there ofc..

still can't see any reversal patern yet..
Trade what you see, not what you think.. react and stay sharp..
  • #566,493
  • Dec 17, 2020 9:49am Dec 17, 2020 9:49am
Quoting knkie
they sucked the sellers in again how any times will you fall for this?
Until they appear 'RIGHT'

I know this because I have been there before.
It's very expensive I can confirm
  • #566,494
  • Dec 17, 2020 9:54am Dec 17, 2020 9:54am
Quoting JayBag
{quote} Until they appear 'RIGHT' I know this because I have been there before. It's very expensive I can confirm
i dont understand why traders fight strong momentum and try to call a top.
but thats just me.

on another note: Macron has the 'rona' so he wont be able to fight Boris as much so thats good for the pound.

or its just momentum lol
in wondering about yourself, you forgot what you came here to be part of
  • #566,495
  • Dec 17, 2020 9:59am Dec 17, 2020 9:59am
hold short till 1.3475
  • #566,496
  • Dec 17, 2020 10:00am Dec 17, 2020 10:00am
Attached Image (click to enlarge)
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yes yes yes
  • #566,497
  • Dec 17, 2020 10:01am Dec 17, 2020 10:01am
Quoting knkie
they sucked the sellers in again how any times will you fall for this?
??????

explain more
  • #566,498
  • Dec 17, 2020 10:08am Dec 17, 2020 10:08am
  •  Rgkc
  • | Joined Dec 2010 | Status: Never stop learning about forex! | 419 Posts
Quoting Lastaccount
hold short till 1.3475
That would be the icing on the cake.
I'm still holding my 13580 shorts
Studing..............
  • #566,499
  • Dec 17, 2020 10:11am Dec 17, 2020 10:11am
Quoting Lock
almost one hour and a half ago, I wrote: {quote} and here you are above 3604, trying for 3624... Now, if you'll not see acceptation above 3604 and 3608 or 3624 if reached, expect liquidation, toward 35365-3555 and eventually to 3486. If instead you'll see acceptation above 3624, something major can occur upside.
you looking at vp from 2018? sure looks like it. and if you are i'd agree that's our rough current trading range. i decide to close my position for the moment and will see if we drift down here. buy the dip mode.
In tea leaves we trust!
  • #566,500
  • Dec 17, 2020 10:19am Dec 17, 2020 10:19am
Made a new high cable and geppy , if you did not take your profit , do not blame me.
Follow The Markets Structure - Patience and Discipline
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