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Cable Update (GBPUSD)

  • #571,801
  • Jan 13, 2021 11:11am Jan 13, 2021 11:11am
Closed out at a loss, got it wrong badly today, no regrets, D

Quoting detector
Closed out at a loss, got it wrong badly today, no regrets, D
Sold the Dow as a consolation prize, see if I can mess this up, see y all later, D
I don't need to be good at the game, only good enough to beat my opponent,
  • #571,802
  • Edited 11:26am Jan 13, 2021 11:15am | Edited 11:26am
Quoting Coreg2004
{quote} gatenio, yes it's possible scenario but I chose to mark 1-5 as you see on my chart...It doesn't mean I am correct and you are wrong because your marking is supported by Fib. ratios also...Gatenio, think about it this way...what do you expect after W_3? abc correction...what do you expect after W_5? abc correction. You see on my chart zone for potential W_4 if my marking is off...Just keep in mind when you possibly can be wrong. {image} {image}
I think the next support level will be at 1.3545

I have a VAP level at that price and it happens to be your 61.8% retrace level.
  • #571,803
  • Jan 13, 2021 11:17am Jan 13, 2021 11:17am
Quoting detector
Closed out at a loss, got it wrong badly today, no regrets, D {quote} Sold the Dow as a consolation prize, see if I can mess this up, see y all later, D

good call on the close and brilliant on the new trade with dow , dow can give you 200 points in this trade
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 35 KB
yes yes yes
  • #571,804
  • Jan 13, 2021 11:20am Jan 13, 2021 11:20am
and another effort was made....
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If you don't know how to earn money, don't loose it.
  • #571,805
  • Jan 13, 2021 11:20am Jan 13, 2021 11:20am
Quoting pipcenturion
{quote} I think the next support level will be at 1.3545 I have a VAP level at that price and it happens to be your 61.8% retrace lrvrl.
pipcenturion, if my labeling is correct, yes the minimum expectation for a retracement is 50-61.8% of a prior impulse move.
Always trade your own plan...I don't provide trading signals.
  • #571,806
  • Jan 13, 2021 11:27am Jan 13, 2021 11:27am
Quoting Moty
{quote} good call on the close and brilliant on the new trade with dow , dow can give you 200 points in this trade {image}
Thanks Monty, seeing the 30min I re-entered for a bounce to 366xx, I'm not even sure I done the right thing by closing all, still see this rising, in to find out though, off now, good trading, D
I don't need to be good at the game, only good enough to beat my opponent,
  • #571,807
  • Jan 13, 2021 11:36am Jan 13, 2021 11:36am
Quoting detector
{quote} Thanks Monty, seeing the 30min I re-entered for a bounce to 366xx, I'm not even sure I done the right thing by closing all, still see this rising, in to find out though, off now, good trading, D
wait for trend to change , we are still in a series of LH and LL
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 47 KB
yes yes yes
  • #571,808
  • Jan 13, 2021 11:46am Jan 13, 2021 11:46am
Quoting Moty
{quote} wait for trend to change , we are still in a series of LH and LL {image}
Cheer Monty, I actually have a similar setup to your charts, I seen "A" change but it looked too easy, I never followed and paid the price, I changed my habit, not to do again though, cheers, D
I don't need to be good at the game, only good enough to beat my opponent,
  • #571,809
  • Jan 13, 2021 11:50am Jan 13, 2021 11:50am
Quoting navk
the price could drop 3610 or more today. Risk is 3700. To me only.
Intraday only.
  • #571,810
  • Jan 13, 2021 11:53am Jan 13, 2021 11:53am
Quoting Knighthrower
Previous time bulls failed to breach 1.37, we saw price go back down to 1.355 Looking for bears to bring price down to 0.5/0.618 retracement now. {image} Cheers.
Attached Image (click to enlarge)
Click to Enlarge Name: d59de580e1f77b07f146293c712ff0f1.png Size: 180 KB


Revising TP to 1.36 to be safer.
Will take profit if price closes 1.3645

Cheers
  • #571,811
  • Jan 13, 2021 11:56am Jan 13, 2021 11:56am
Quoting ChiForex
Multiple sells @1.3690s equals 100pips today If GU can base below 1.3650, it will slide to 1.3600-15 first
Target met, now lets see if 1.3650 will get rejected or price will base above again.
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #571,812
  • Jan 13, 2021 11:57am Jan 13, 2021 11:57am
the drop will come at 1.36390
Attached Image(s) (click to enlarge)
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yes yes yes
  • #571,813
  • Jan 13, 2021 12:02pm Jan 13, 2021 12:02pm
Quoting Moty
the drop will come at 1.36390 {image} {image}
Need to work as resistence

Attached Image (click to enlarge)
Click to Enlarge Name: palpite.png Size: 15 KB
Together we can be strongest
Vantage Return This Month: na
  • #571,814
  • Jan 13, 2021 12:06pm Jan 13, 2021 12:06pm
Quoting Moty
the drop will come at 1.36390 {image} {image}
Quite ironic Monty, the Dow has just done what I was expecting the GU to do, 30 min chart, fortunately I got out before the jerk, D
I don't need to be good at the game, only good enough to beat my opponent,
  • #571,815
  • Jan 13, 2021 12:15pm Jan 13, 2021 12:15pm
Quoting helioss
{quote} Reached, now attention to breakout .364, above bulls will be stronger {image}
Bulls Run
Attached Image (click to enlarge)
Click to Enlarge Name: gu.png Size: 24 KB
  • #571,816
  • Jan 13, 2021 12:23pm Jan 13, 2021 12:23pm
Attached Image (click to enlarge)
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Bears to 1.36 (natural support) to complete wave 5
  • #571,817
  • Edited 12:41pm Jan 13, 2021 12:24pm | Edited 12:41pm
Quoting detector
{quote} Quite ironic Monty, the Dow has just done what I was expecting the GU to do, 30 min chart, fortunately I got out before the jerk, D
it will drop , give him a chance .
he is the real twin brother of gu
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yes yes yes
  • #571,818
  • Jan 13, 2021 12:39pm Jan 13, 2021 12:39pm
Quoting Moty
the drop will come at 1.36390 {image} {image}
Something like this, let's see.

Attached Image (click to enlarge)
Click to Enlarge Name: palpite.png Size: 18 KB
Together we can be strongest
Vantage Return This Month: na
  • #571,819
  • Jan 13, 2021 12:45pm Jan 13, 2021 12:45pm
Quoting palpite
{quote} Something like this, let's see. {image}
yes , my friend
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 39 KB
yes yes yes
  • #571,820
  • Jan 13, 2021 12:56pm Jan 13, 2021 12:56pm
This?
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Lost....
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