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Cable Update (GBPUSD)

  • #572,221
  • Jan 15, 2021 6:36am Jan 15, 2021 6:36am
the crooks fooled me again with that up bull(shit) move
to take the stops.
now every pieces fall in the place
the drop is coming , everything will , all beside the dx
Attached Image(s) (click to enlarge)
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yes yes yes
  • #572,222
  • Jan 15, 2021 6:37am Jan 15, 2021 6:37am
Quoting helioss
i try a buy limit .3620.....SL tight i'm scared by HIGH VOLUME of CURRENT SHORT SWING..... i hope .36/3610 wiltt resist {image}
Hook hit .3620 SL .3599 TP .3650
  • #572,223
  • Jan 15, 2021 6:42am Jan 15, 2021 6:42am
Quoting Theoak
{quote} I agree, but there is a lot of resistance at this area 4Hr. I don't want to get too greedy. {image}
yes there are, but i thought it would be nice to go down all the fibo levels until zero, and still, probably more
  • #572,224
  • Jan 15, 2021 6:42am Jan 15, 2021 6:42am
Quoting KiwiTrada
{quote} yep Im thinking you were meaning support, if so correct those 3 previous present 4hr lows will be tough they all had strong bull rejections for each one, seen better hrly, so bears got their work cut out for them tm thinking
If it does break 1.3611 then it will move fast and it is a friday!!!!! I'd be looking for quick pips then keep a position open for 50 - 60 pips..... Also news at 1.30!!!
Don't trade what you think. Just what you see!!!
  • #572,225
  • Jan 15, 2021 6:43am Jan 15, 2021 6:43am
Quoting joesherwood
some PA for tomorrow {image} {image} {image}
EG respected my lows and currently showing strength

https://www.forexfactory.com/attachm...1&d=1610714463

GA stuck within my zones

https://www.forexfactory.com/attachm...1&d=1610714487

GU went with my call yesterday and flew 75 pips. it respected the zone and has retraced, currently wicked one of my levels

https://www.forexfactory.com/attachm...1&d=1610714555
  • #572,226
  • Jan 15, 2021 6:45am Jan 15, 2021 6:45am
Quoting gespiri
{quote} What's questionable, from an EW point of view, is that W-4 supposedly finished at 1.3611. If so, then W-5 started from there and this should be the end of w-(2) of it at max 1.3634..... We'll see....
gespiri, or...flat correction...
Attached Image(s) (click to enlarge)
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Always trade your own plan...I don't provide trading signals.
  • #572,227
  • Jan 15, 2021 6:54am Jan 15, 2021 6:54am
Quoting goldencalf
{quote} yes there are, but i thought it would be nice to go down all the fibo levels until zero, and still, probably more
There is a lot of stops at this level it can bonce as quick as it goes down. The news might crack this nut. I will play it like my last post, but you've got to respect these 4 hr zones.

Only my view!!!
Don't trade what you think. Just what you see!!!
  • #572,228
  • Jan 15, 2021 6:55am Jan 15, 2021 6:55am
Quoting maheeee
{quote} powerful words once again happened {quote} powerful words once again happened persons who follwed ME ITS better to close sell trades dnt wait till end of dAY
MY daily profit is 50-70 pips ...enough profit is the key to success in forex..even it go 100-200 pips down i will close at 50-70 pip profit....tomorrow never dies..
  • #572,229
  • Jan 15, 2021 6:55am Jan 15, 2021 6:55am
Quoting Coreg2004
{quote} gespiri, or...flat correction... {image} {image} {image}
Thank you Coreg!!
I've to reprogram my thinking that ABCs can also be flat, and not diagonal. We'll see what the next hourly low will bring at this point.
This also means, to me, that this stage is quite tricky/dangerous since we don't know where the end of W-C will really be at.....+/- 50 pips
Lost....
  • #572,230
  • Jan 15, 2021 6:56am Jan 15, 2021 6:56am
i will trade only on monday bye..............
  • #572,231
  • Jan 15, 2021 6:57am Jan 15, 2021 6:57am
Would love to see a close above 30, maybe around 35 but its difficult now
  • #572,232
  • Jan 15, 2021 7:02am Jan 15, 2021 7:02am
Fake support, price should drop today or Monday
  • #572,233
  • Jan 15, 2021 7:11am Jan 15, 2021 7:11am
4th tap and break of 1.3626 no divergences there
Attached Image (click to enlarge)
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Air force
  • #572,234
  • Jan 15, 2021 7:12am Jan 15, 2021 7:12am
  •  Rgkc
  • | Joined Dec 2010 | Status: Never stop learning about forex! | 419 Posts
Quoting Rgkc
I buy Gold, buy Silver and buy GU. Now waiting
Now, buy EU too

2T there will be many dolars to be printed
Studing..............
  • #572,235
  • Jan 15, 2021 7:14am Jan 15, 2021 7:14am
Quoting fxmasterdxb
{quote} That was yesterday, today im only buying
how is buying going for you today ? profitable ?
  • #572,236
  • Jan 15, 2021 7:15am Jan 15, 2021 7:15am
come on New York, look at that support... let's take it home, Finnish this week on a hiiigh! ✌
Emotional Control. Process, not outcome.
  • #572,237
  • Jan 15, 2021 7:15am Jan 15, 2021 7:15am
Quoting Rgkc
{quote} Now, buy EU too 2T there will be many dolars to be printed
Careful with EU
i got some things lining up saying we might go to 1.2 soon
  • #572,238
  • Jan 15, 2021 7:16am Jan 15, 2021 7:16am
Quoting genadi
{quote} how is buying going for you today ? profitable ?
Not really first one i closed with +1 and second one is still running from 1.3625
  • #572,239
  • Jan 15, 2021 7:17am Jan 15, 2021 7:17am
Quoting Theoak
{quote} There is a lot of stops at this level it can bonce as quick as it goes down. The news might crack this nut. I will play it like my last post, but you've got to respect these 4 hr zones. Only my view!!!
This support is setting up a quick long.

WAITING FOR NEWS
Don't trade what you think. Just what you see!!!
  • #572,240
  • Jan 15, 2021 7:19am Jan 15, 2021 7:19am
Quoting Theoak
{quote} If it does break 1.3611 then it will move fast and it is a friday!!!!! I'd be looking for quick pips then keep a position open for 50 - 60 pips..... Also news at 1.30!!!
dont forget 36 has been perfect pa for scalpers 3 support lows reasonably close together, with nice support 10 pips below, the 3 support lows all were built with strong bull rejections, and as has been seen they are still about and provided nice small long scalps averaging 9-13 pips each time 7 times so far pretty easy pips im thinking agree about the news should play a part 12 mins away!!!
If you are new to Forex? Say Goodbye to your account!!
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