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Cable Update (GBPUSD)

  • #570,641
  • Jan 6, 2021 1:57pm Jan 6, 2021 1:57pm
Quoting myths
{quote} {image}
ah ok i see
sorry didnt get why you just posted a trade with no context
wish you green
  • #570,642
  • Jan 6, 2021 2:02pm Jan 6, 2021 2:02pm
Quoting goldencalf
{quote} 1.3680-90
my initial target was 13800 but judging by from today’s drop it’s not gonna happen
Insane in the Brain..
  • #570,643
  • Jan 6, 2021 2:03pm Jan 6, 2021 2:03pm
Quoting joesherwood
{quote} ah ok i see sorry didnt get why you just posted a trade with no context wish you green
As history
  • #570,644
  • Jan 6, 2021 2:09pm Jan 6, 2021 2:09pm
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  • #570,645
  • Jan 6, 2021 2:09pm Jan 6, 2021 2:09pm
Quoting knkie
.....one more sell. M15 this time target 40-50 pips or whatever feels good. {image}
M30 broke 3599 to the downside but i was tight so stopped out +2 pips.

twitchy price action now.

be careful.
in wondering about yourself, you forgot what you came here to be part of
  • #570,646
  • Jan 6, 2021 2:10pm Jan 6, 2021 2:10pm
Quoting myths
{image}
holding just until night?
  • #570,647
  • Edited 2:23pm Jan 6, 2021 2:11pm | Edited 2:23pm
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yes yes yes
  • #570,648
  • Jan 6, 2021 2:13pm Jan 6, 2021 2:13pm
Quoting myths
{image}
be careful of area 220/300
1.36 exactly where buys got in easy quad bottom there
  • #570,649
  • Jan 6, 2021 2:15pm Jan 6, 2021 2:15pm
Quoting knkie
{quote} M30 broke 3599 to the downside but i was tight so stopped out +2 pips. twitchy price action now. be careful.
last hour of NY
and upcoming reset
  • #570,650
  • Jan 6, 2021 2:18pm Jan 6, 2021 2:18pm
lots of momentum in this move up.
you saw it coming !
in wondering about yourself, you forgot what you came here to be part of
  • #570,651
  • Jan 6, 2021 2:20pm Jan 6, 2021 2:20pm
Quoting JayBag
{quote} Sorry to hear that. Try not to fall for this down BO. Its the actual TRAP lord. The Bo to the upside just required you to lot wisely and be patient... Take Care
Trap Lords
  • #570,652
  • Jan 6, 2021 2:22pm Jan 6, 2021 2:22pm
apparently the us senate has been breached by protesters and they are actually on the senate floor.
in wondering about yourself, you forgot what you came here to be part of
  • #570,653
  • Jan 6, 2021 2:25pm Jan 6, 2021 2:25pm
Quoting knkie
apparently the us senate has been breached by protesters and they are actually on the senate floor.
I guess popcorn should be ordered the . It’s about to get more interesting
  • #570,654
  • Jan 6, 2021 2:26pm Jan 6, 2021 2:26pm
Quoting JayBag
{quote} I guess popcorn should be ordered the . It’s about to get more interesting
its getting crazy
lol
in wondering about yourself, you forgot what you came here to be part of
  • #570,655
  • Jan 6, 2021 2:29pm Jan 6, 2021 2:29pm
Quoting JayBag
{quote} Trap Lords

To be fair Jaybag the market position is a bit tricky at the moment and could be a bull and bear trap with the lower high lower low swing on the 4h as it does not fit in with a 4H correction , market is still bullish but may be moving into a daily correction but i am not seeing the corrective swing on the daily at the moment, i seem to have some lag in my structure ,same problem on gbpjpy but all other pairs perfect structures
Follow The Markets Structure - Patience and Discipline
  • #570,656
  • Jan 6, 2021 2:39pm Jan 6, 2021 2:39pm
Quoting pipfarm
{quote} To be fair Jaybag the market position is a bit tricky at the moment and could be a bull and bear trap with the lower high lower low swing on the 4h as it does not fit in with a 4H correction , market is still bullish but may be moving into a daily correction but i am not seeing the corrective swing on the daily at the moment, i seem to have some lag in my structure , does not happen often.
Hi Pipfarm,

This is the part when things go in reverse. Shooting star becomes inverted hammer etc..

I personally don’t see any correction till atleast Roof top is cleared out..

SS
  • #570,657
  • Jan 6, 2021 2:57pm Jan 6, 2021 2:57pm
holding buy.., any thoughts
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dolce vita
  • #570,658
  • Jan 6, 2021 2:59pm Jan 6, 2021 2:59pm
Quoting JayBag
{quote} Hi Pipfarm, This is the part when things go in reverse. Shooting star becomes inverted hammer etc.. I personally don’t see any correction till atleast Roof top is cleared out.. SS

Maybe you do not see it but in my book 2 swings down against the minor 4H trend without a break of prior support is a correction of higher degree and the lag i am getting is an indication of possibly more down side in the 2nd leg.
Follow The Markets Structure - Patience and Discipline
  • #570,659
  • Jan 6, 2021 3:05pm Jan 6, 2021 3:05pm
Quoting pipfarm
{quote} Maybe you do not see it but in my book 2 swings down against the minor 4H trend without a break of prior support is a correction of higher degree and the lag i am getting is an indication of possibly more down side in the 2nd leg.
I do not see it TBH .. Asia likely to have fun and set the pace. Rooftop level needs clearance IMO.. until that happens, no retrace on sight

MM are artistic with PA and can paint a picture so well that even the best falls for it.. Skrrrrrr not me
  • #570,660
  • Jan 6, 2021 3:28pm Jan 6, 2021 3:28pm
;D
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