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Cable Update (GBPUSD)

  • #571,041
  • Jan 8, 2021 9:31am Jan 8, 2021 9:31am
spared my order for the time being i think..
  • #571,042
  • Jan 8, 2021 9:37am Jan 8, 2021 9:37am
Unless the 4H low breaks @3532 i am holding, hopefully this is only a swing retest of the previous low that became resistance @3541 because the 3624 resistance did not break strong enough it has come back to support.
Follow The Markets Structure - Patience and Discipline
  • #571,043
  • Jan 8, 2021 9:37am Jan 8, 2021 9:37am
Quoting Maximumheigh
{quote} Still on my short as 1.3625 is still unbroken. Added to my short @1.3611 {image}
Offloaded some of my shorts. 1.355x region very strong S. A break will expose 1.351x my long awaited region. IMO
  • #571,044
  • Jan 8, 2021 9:38am Jan 8, 2021 9:38am
Gold got obliterated today.
  • #571,045
  • Jan 8, 2021 9:39am Jan 8, 2021 9:39am
Added 3557.. finger crossed.. SL at previous BE. I ll be done for today.. winning could turn into loosing.. but no worry.. i have had enough for the week.. Good luck All..
  • #571,046
  • Jan 8, 2021 9:39am Jan 8, 2021 9:39am
Quoting Maximumheigh
{quote} Offloaded some of my shorts. 1.355x region very strong S. A break will expose 1.351x my long awaited region. IMO
Yeah, that area will be a tough nut to crack.
  • #571,047
  • Jan 8, 2021 9:40am Jan 8, 2021 9:40am
Quoting Georginson
Sell 1.3625 target 1.3538.
I took also this trade but i locked in profit early at 1.3553

thanks for sharing
  • #571,048
  • Jan 8, 2021 9:49am Jan 8, 2021 9:49am
Attached Image (click to enlarge)
Click to Enlarge Name: CamScanner 01-08-2021 17.45_1.jpg Size: 171 KB
yes yes yes
  • #571,049
  • Jan 8, 2021 9:50am Jan 8, 2021 9:50am
Not sure if it is a death of Mr. Spike Lee.. but market did buried something right at 3547...
  • #571,050
  • Jan 8, 2021 9:50am Jan 8, 2021 9:50am
Quoting Waveskierrob
{quote} buy and sell price, now you're turn

Bravo.

You've got it right.

Buy then Sell.

U must made a lot of pips today.

  • #571,051
  • Jan 8, 2021 9:55am Jan 8, 2021 9:55am
Quoting kk300
Not sure if it is a death of Mr. Spike Lee.. but market did buried something right at 3547...
I think the market's going down after a retrace to dig even deeper.
  • #571,052
  • Jan 8, 2021 9:56am Jan 8, 2021 9:56am
Quoting pipfarm
Unless the 4H low breaks @3532 i am holding, hopefully this is only a swing retest of the previous low that became resistance @3541 because the 3624 resistance did not break strong enough it has come back to support.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH4.png Size: 35 KB
Follow The Markets Structure - Patience and Discipline
  • #571,053
  • Jan 8, 2021 9:57am Jan 8, 2021 9:57am
ready for another dive?
If you don't know how to earn money, don't loose it.
  • #571,054
  • Jan 8, 2021 9:58am Jan 8, 2021 9:58am
Attached Image (click to enlarge)
Click to Enlarge Name: CamScanner 01-08-2021 17.45_1.jpg Size: 171 KB
yes yes yes
  • #571,055
  • Jan 8, 2021 9:58am Jan 8, 2021 9:58am
Quoting Kaysole
{quote} I think the market's going down after a retrace to dig even deeper.
Not sure... he has a habit of running from grave....
  • #571,056
  • Jan 8, 2021 9:59am Jan 8, 2021 9:59am
Watch all the other majors , everything is reversing now
Follow The Markets Structure - Patience and Discipline
  • #571,057
  • Jan 8, 2021 10:01am Jan 8, 2021 10:01am
Quoting Sang.Real
{quote} Bravo. You've got it right. Buy then Sell. U must made a lot of pips today.

You did not make any money you t/e is showing all time negative 74%
Follow The Markets Structure - Patience and Discipline
  • #571,058
  • Jan 8, 2021 10:02am Jan 8, 2021 10:02am
Quoting kk300
Added 3557.. finger crossed.. SL at previous BE. I ll be done for today.. winning could turn into loosing.. but no worry.. i have had enough for the week.. Good luck All..
risked it.. now i would take double...
  • #571,059
  • Jan 8, 2021 10:06am Jan 8, 2021 10:06am
...back @ desk updating charts/seeing what I missed

That thick light blue and dark green zone above/below current price respectively is pretty much where most of the PA has occurred all week within the current wkly hi and lo of 3704 and 3532 respectively. 1hr below.
Attached Image (click to enlarge)
Click to Enlarge Name: eb5fa4d036907b58e3ee07873a5a6820.png Size: 56 KB
Trader with an Edge.
  • #571,060
  • Jan 8, 2021 10:08am Jan 8, 2021 10:08am
Quoting pipfarm
{quote} You did not make any money you t/e is showing all time negative 74%

First of all I'm Newbie.

I expect to learn something here.

Making money is secondary.

I put my TE.

Now you got to put your TE here. (Live account)

Please post something positive to encourage Newbie to participate.

If you put all negative energy to someone like me, hoe do you expect me to improve for the next 5 - 10 years in future.

Please put you live TE. Then I see you as true trader, not just giving negative vibes in this thread.

If you cannot help Newbie like me, then don't post something negative.

Take care and be kind to others.

Sincerely

Newbie
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