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Cable Update (GBPUSD)

  • #570,521
  • Jan 6, 2021 7:42am Jan 6, 2021 7:42am
id say sell for about 30-40 pips and then check to see if H4 Demand zone is valid for a buy.

but could be wrong.

im short on m5 from 3615
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in wondering about yourself, you forgot what you came here to be part of
  • #570,522
  • Jan 6, 2021 7:50am Jan 6, 2021 7:50am
Quoting Coreg2004
{quote} update... {image}
Hey Coreg,
you think that we are in this counting?

3 can be also 5 but given the retracement at 38.2 i think it's 3 (as per Gatenio suggestion )
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  • #570,523
  • Jan 6, 2021 7:56am Jan 6, 2021 7:56am
Quoting knkie
id say sell for about 30-40 pips and then check to see if H4 Demand zone is valid for a buy. but could be wrong. im short on m5 from 3615 {image}
exit +27 pips

nice and fast.

now we re-evaluate
in wondering about yourself, you forgot what you came here to be part of
  • #570,524
  • Jan 6, 2021 7:56am Jan 6, 2021 7:56am
Quoting Maximumheigh
{quote} 1.3605 S obstacle. Offloading some Shorts.
1.3605 broken. Offloaded some shorts again and 1 sell still running. 1.351x on site
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  • #570,525
  • Jan 6, 2021 7:57am Jan 6, 2021 7:57am
Quoting knkie
{quote} exit +27 pips nice and fast. now we re-evaluate
great stuff
  • #570,526
  • Jan 6, 2021 7:57am Jan 6, 2021 7:57am
Quoting Wavegarrick
Hi Guys, New year, new things. Happy New Year. I have a possible short cycle in the making. Short trades opened and will lock in as soon as possible. Have a great week, Cheers. {image}
Hi Guys,
The short cycle still in play for me from a 4 hourly perspective. My short trades from yesterday, trail stops were taken out. However, today presented a nice opportunity with a retrace towards my broken ascending trend line and also 78.6% Fib retrace from the recent down move at 1.36683.
Trade safe,
Cheers
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Trade to trade another day
  • #570,527
  • Jan 6, 2021 7:57am Jan 6, 2021 7:57am
Quoting joesherwood
{quote} great stuff
thanx man
in wondering about yourself, you forgot what you came here to be part of
  • #570,528
  • Jan 6, 2021 7:58am Jan 6, 2021 7:58am
530 is my next key level?
  • #570,529
  • Jan 6, 2021 7:59am Jan 6, 2021 7:59am
Quoting Wavegarrick
{quote} Hi Guys, The short cycle still in play for me from a 4 hourly perspective. My short trades from yesterday, trail stops were taken out. However, today presented a nice opportunity with a retrace towards my broken ascending trend line and also 78.6% Fib retrace from the recent down move at 1.36683. Trade safe, Cheers {image}
top work as always Garrick, wish you lots of green hehe
  • #570,530
  • Jan 6, 2021 8:01am Jan 6, 2021 8:01am
Quoting kk300
{quote} Stopped out but Still selling it... i hope no more drama now...
i am a happy man now. good luck all..
  • #570,531
  • Jan 6, 2021 8:02am Jan 6, 2021 8:02am
Quoting Maximumheigh
{quote} 1.3605 broken. Offloaded some shorts again and 1 sell still running. 1.351x on site {image}
1.355x S obstacle. Watching that level before 1.351x
  • #570,532
  • Jan 6, 2021 8:03am Jan 6, 2021 8:03am
Quoting kk300
{quote} i am a happy man now. good luck all..
  • #570,533
  • Jan 6, 2021 8:04am Jan 6, 2021 8:04am
Quoting joesherwood
530 is my next key level?
still keeping an eye on this level from monday low
  • #570,534
  • Jan 6, 2021 8:05am Jan 6, 2021 8:05am
Quoting joesherwood
{quote}
??
  • #570,535
  • Jan 6, 2021 8:06am Jan 6, 2021 8:06am
Quoting kk300
{quote} ??
"nice catch"
  • #570,536
  • Jan 6, 2021 8:08am Jan 6, 2021 8:08am
Quoting Lastaccount
I don't think the UK will let the pound continue to strengthen, especially after Brexit. Why? sold 1.3650
done for another 100 pips
  • #570,537
  • Jan 6, 2021 8:08am Jan 6, 2021 8:08am
Quoting kk300
Still possible.. today's close should be above this or else we are going down... {image}
Posted this few day back. going as planned
  • #570,538
  • Jan 6, 2021 8:09am Jan 6, 2021 8:09am
Quoting joesherwood
{quote} "nice catch"
yeah. thanks.
  • #570,539
  • Jan 6, 2021 8:09am Jan 6, 2021 8:09am
Quoting joesherwood
{quote} still keeping an eye on this level from monday low
smashed right through, potential pull back if not down
defo not getting in anything else today
  • #570,540
  • Jan 6, 2021 8:10am Jan 6, 2021 8:10am
Quoting knkie
{quote} exit +27 pips nice and fast. now we re-evaluate
I've noticed you have very strong discipline in cutting your losses quickly and letting your profits ride.
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