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Cable Update (GBPUSD)

  • #569,061
  • Dec 28, 2020 9:50pm Dec 28, 2020 9:50pm
Quoting maheeee
{quote} am the only person in this forum said it will go up
yes it has gone up some, pretty useless information really, are you suggesting the bearish reversal has failed or is this a pullback???
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  • #569,062
  • Dec 28, 2020 9:52pm Dec 28, 2020 9:52pm
Quoting maheeee
{quote} am the only person in this forum said it will go up
Humor me
  • #569,063
  • Dec 28, 2020 9:53pm Dec 28, 2020 9:53pm
Quoting KiwiTrada
{quote} yes it has gone up some, pretty useless information really, are you suggesting the bearish reversal has failed or is this a pullback???
swissy just about to tap support, 8867ish if it rallies it could end up a very nice trade
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  • #569,064
  • Dec 28, 2020 10:07pm Dec 28, 2020 10:07pm
stopped out with my short , entered risky long and took profit in the Asian session .
Attached Image (click to enlarge)
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now entered a pre signaled short , will exit if price continue to rise above the 61.8 correction
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yes yes yes
  • #569,065
  • Dec 28, 2020 10:14pm Dec 28, 2020 10:14pm
Quoting Moty
stopped out with my short , entered risky long and took profit in the Asian session .{image} now entered a pre signaled short , will exit if price continue to rise above the 61.8 correction{image}
Dear mate according to you what should be our stop loss? If i also take a sell entry from here?
  • #569,066
  • Dec 28, 2020 10:15pm Dec 28, 2020 10:15pm
Quoting maheeee
{quote} am the only person in this forum said it will go up
I believe price will retrace to at least 1.3550, but I doubt it will break yesterday's high.
  • #569,067
  • Dec 28, 2020 10:16pm Dec 28, 2020 10:16pm
Quoting KiwiTrada
{quote} banks never close, but I agree, manipulation time however can produce volatility, asiapacific is a crap market for sterling anyway, will be keeping an eyeball on 135 tho, may even enter a short in defence, it deserves defending??? and sl will be reasonably small, r/r is ok so what the hell
1 3494 is close enough for me sl 11pip
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  • #569,068
  • Dec 28, 2020 10:21pm Dec 28, 2020 10:21pm
Quoting mwaqar309
{quote} Dear mate according to you what should be our stop loss? If i also take a sell entry from here?
wait for the break , don't be like me
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yes yes yes
  • #569,069
  • Dec 28, 2020 10:22pm Dec 28, 2020 10:22pm
Quoting KiwiTrada
{quote} 1 3494 is close enough for me sl 11pip
Can i take a sell emtry from here? With 11 pips sl?
  • #569,070
  • Dec 28, 2020 10:23pm Dec 28, 2020 10:23pm
Quoting KiwiTrada
{quote} 1 3494 is close enough for me sl 11pip
geppy is similar position 3-4 pips from psych level 140 000
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  • #569,071
  • Dec 28, 2020 10:25pm Dec 28, 2020 10:25pm
Quoting KiwiTrada
{quote} 1 3494 is close enough for me sl 11pip
Hmmmmm looking at the slow PA, it may work, RR is good, but I don’t like slow consolidations, and I don’t see live orders, but it seems from my phone screen that there is a huge buy order sitting @ 3485-3490 that doesn’t allow the price to retrace
  • #569,072
  • Dec 28, 2020 10:43pm Dec 28, 2020 10:43pm
Waiting for the fall...
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  • #569,073
  • Dec 28, 2020 11:18pm Dec 28, 2020 11:18pm
Quoting Rgentm
{quote} Hmmmmm looking at the slow PA, it may work, RR is good, but I don’t like slow consolidations, and I don’t see live orders, but it seems from my phone screen that there is a huge buy order sitting @ 3485-3490 that doesn’t allow the price to retrace
we shall see soon enough, waiting for what is least expected
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  • #569,074
  • Dec 28, 2020 11:20pm Dec 28, 2020 11:20pm
Quoting Rgentm
{quote} Hmmmmm looking at the slow PA, it may work, RR is good, but I don’t like slow consolidations, and I don’t see live orders, but it seems from my phone screen that there is a huge buy order sitting @ 3485-3490 that doesn’t allow the price to retrace
also my focus is daily weekly charts, if you think this is slow, try watching 50 pip range for days even weeks now that is slow pa
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  • #569,075
  • Dec 28, 2020 11:30pm Dec 28, 2020 11:30pm
Hi all,

This is my analysis for the possible set up using SNR.

Appreciate if you have any comments on the set up for learning purposes and to improve newbie trading.


Thank you very much.



P/s Jaybag - we need Spike Lee to make this set up work.
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  • #569,076
  • Dec 28, 2020 11:43pm Dec 28, 2020 11:43pm
Quoting Sang.Real
Hi all, This is my analysis for the possible set up using SNR. Appreciate if you have any comments on the set up for learning purposes and to improve newbie trading. Thank you very much. P/s Jaybag - we need Spike Lee to make this set up work. {image}
This is one beautiful chart/setup.. I like
Sang, you have Spike Lee’s blessings.. I will reach out to him in a about 2hrs..

Today should be really interesting ..
SS
  • #569,077
  • Dec 29, 2020 12:50am Dec 29, 2020 12:50am
I think GBP pairs are due for continued sell-off when London opens. All GBP pairs looking very bearish on H4 and daily.
  • #569,078
  • Dec 29, 2020 12:50am Dec 29, 2020 12:50am
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  • #569,079
  • Dec 29, 2020 1:01am Dec 29, 2020 1:01am
I know I am noob intraday trader, who cares?

Moty keep it up
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It always seems impossible until it is done.
Annex_of_Realsoldier All Time Return: na
  • #569,080
  • Dec 29, 2020 1:30am Dec 29, 2020 1:30am
Quoting Moty
{quote} wait for the break , don't be like me {image}
unbelievable , they went for the stop , no problem , still they will pay 60+ pips today , they can have the 23 pips stop hunt
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yes yes yes
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