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Cable Update (GBPUSD)

  • #567,281
  • Dec 21, 2020 6:11am Dec 21, 2020 6:11am
Quoting JayBag
{quote} 1.40 very possible bro.. Just going to clear 90% of my longs if/when we get to 1.37.. A lot could happen before Christmas
not when Covid cases are rising
  • #567,282
  • Dec 21, 2020 6:20am Dec 21, 2020 6:20am
mf cable took me 30 pips eariler, now im BE

time to wait sideline and see if price can retest 38.2% at least, i want to see 50% it could be a massive drop.
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  • #567,283
  • Dec 21, 2020 6:21am Dec 21, 2020 6:21am
Quoting dachun
{quote} Yes brother i using bot martiangle system and i just hope the price can up and save my money
is that your account is standard or cent ?
  • #567,284
  • Dec 21, 2020 6:23am Dec 21, 2020 6:23am
... price testing the bottom of this prev 1hr/4hr/dly sw lo (x 2 on 1hr/4hr) zone = prev supp = pot sbr that starts @ 3279, 23.6% of the main 3624-3188 fall just above current price @ 3292. 38.2% of the day's fall @ 3317.
Trader with an Edge.
  • #567,285
  • Dec 21, 2020 6:24am Dec 21, 2020 6:24am
Quoting JayBag
{quote} The what? .. Don’t tell me you low key expect the LAP closure? Well, I am not serving bull to that area today as it’s very unsafe .. We are only serving people Up North.
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The gap closed, are you still long? lol
  • #567,286
  • Dec 21, 2020 6:24am Dec 21, 2020 6:24am
Quoting JayBag
{quote} DEAL! May we please have a few witness?
This ought to be 1.37 or 1.27... the current price is at 1.32 which means 500 pips up or down. That 1.22 isn't fair for this bet...
Data + Stat + Risk/Emotions Management
  • #567,287
  • Dec 21, 2020 6:25am Dec 21, 2020 6:25am
Quoting hans91
{quote} is that your account is standard or cent ?
im using cent account bro, hope price will up to 1.33450, it will happen?
  • #567,288
  • Dec 21, 2020 6:28am Dec 21, 2020 6:28am
It will go to 1.335 or 1.34 even and next go 1.31 - 1.30 slowly.
  • #567,289
  • Dec 21, 2020 6:28am Dec 21, 2020 6:28am
Quoting Georginson
{quote} This ought to be 1.37 or 1.27... the current price is at 1.32 which means 500 pips up or down. That 1.22 isn't fair for this bet...
I tend to agree with you but I feel like giving Jay a fighting chance, I do believe he will need it
Que Sera
  • #567,290
  • Dec 21, 2020 6:29am Dec 21, 2020 6:29am
Quoting LeBollinger
{quote} I took partial profit at the 38.2 and will keep the other half running for the 61.8, and the remainder if it crosses that. It might not fill the gap here, since it opened below the 38.2. However, in the long run it's more profitable to follow a system and take profit at predefined levels, hence why I closed partially. (Chart: H4) {image}
Price broke through the 61.8 (H4) and 1.13 (H1) extension in strong blowout fashion. Since it broke the 1.13 (H1), which was a potential reversal mark (around 1.324) I view the last hours gains as a temporary retracement before suffering more losses. The 1.13 had to be the bottom for it to validate a bullish reversal point, yet price went some 50 pips below it which is too far below the potential reversal zone to be considered a (temporary) bottom.
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  • #567,291
  • Dec 21, 2020 6:31am Dec 21, 2020 6:31am
Quoting Schweet
{quote} So at 1.3623 you did not take profit only -77pips from target (1.3700) and now over -400 pips from target. ???????????
I understand your point of taking profit at 1.36 .. I did took some off the table to settle monthly tender.. Just following structure of my plan ..

However, I low key expect more than 1.37 so yeah
  • #567,292
  • Dec 21, 2020 6:31am Dec 21, 2020 6:31am
Quoting dachun
{quote} im using cent account bro, hope price will up to 1.33450, it will happen?
i'm not sure but only 2 possibilities, as i thought for now GBP is bearish, so if there is a news in NY session pump it up, you are saved.
  • #567,293
  • Dec 21, 2020 6:35am Dec 21, 2020 6:35am
i am still long , i made the orders invisible
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yes yes yes
  • #567,294
  • Dec 21, 2020 6:38am Dec 21, 2020 6:38am
Quoting Catempire
{quote} Your target is 500 points mine is 2200 how about 1.22 or your 1.37 my target is further. Loser avoids for 3 months
we are not going to 1.37 after today but i dont see 1.22 either because dollar is still shit. have a look at usd/jpy could not take much advantage of the dollar rise
  • #567,295
  • Dec 21, 2020 6:39am Dec 21, 2020 6:39am
Quoting Catempire
{quote} Your target is 500 points mine is 2200 how about 1.22 or your 1.37 my target is further. Loser avoids for 3 months
Why don't you two just have a trading competition face-off?
Subscribe to me and follow my trading!
  • #567,296
  • Dec 21, 2020 6:40am Dec 21, 2020 6:40am
sold at 3280, no stop.

This is for retest of lows or more.

will not be in hurry to take loss in this short trade.
Intraday only.
  • #567,297
  • Dec 21, 2020 6:46am Dec 21, 2020 6:46am
Quoting Moty
i am still long , i made the orders invisible {image}
hi, Moty, have a question from where to get this trade driver for mt4, want to trade with fix stop loss an take profit and quickly open new trades to stack orders. I got PZztrade pad EA, but the panels is very small and dont know yet how to make bigger screen..
  • #567,298
  • Dec 21, 2020 6:46am Dec 21, 2020 6:46am
Quoting Arief-
Long 1.325 --- SL 1.322 --- TP 1.348 {image}
the show must go on
#reentry 1.3235

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  • #567,299
  • Dec 21, 2020 6:51am Dec 21, 2020 6:51am
...100+ pips bounce from that asc t/line joining 2854-3134 now...dly below.

Will this prev 1hr/4hr/dly sw lo zone = prev supp = pot (potential) sbr turn price south again ? 23.6% of the 3624-3188 fall at the current pullback hi...3317 = 38.2% of the day's fall at the top of that pot sbr zone.
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Trader with an Edge.
  • #567,300
  • Dec 21, 2020 6:57am Dec 21, 2020 6:57am
Quoting JayBag
{quote} I understand your point of taking profit at 1.36 .. I did took some off the table to settle monthly tender.. Just following structure of my plan .. However, I low key expect more than 1.37 so yeah
I'm always interested to hear opinions. Why do you feel it will goto 1.37?
Can you see 1.30? 1.27? or only 1.37?

The UK is a basket case atm and will continue for some time. Lockdown is being talked about until Easter!
Or, until they try and force everyone to have the "vaccine"
A fool and his money are easily parted
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