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Cable Update (GBPUSD)

  • #572,241
  • Jan 15, 2021 7:22am Jan 15, 2021 7:22am
The long R/R almost seems too easy just now
Keep it simple stupid
  • #572,242
  • Edited 7:33am Jan 15, 2021 7:22am | Edited 7:33am
Quoting gespiri
{quote} 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
gespiri, examine b-c leg on smaller TF to find PRZ for (v)th or make an executive decision by trading on target...
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scenario #2
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Always trade your own plan...I don't provide trading signals.
  • #572,243
  • Jan 15, 2021 7:22am Jan 15, 2021 7:22am
closed shorts at1.3620 , will not touch this pair this week

good luck guys
  • #572,244
  • Jan 15, 2021 7:30am Jan 15, 2021 7:30am
  •  Rgkc
  • | Joined Dec 2010 | Status: Never stop learning about forex! | 419 Posts
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Studing..............
  • #572,245
  • Jan 15, 2021 7:30am Jan 15, 2021 7:30am
get ready to buy all the stops...
Emotional Control. Process, not outcome.
  • #572,246
  • Jan 15, 2021 7:36am Jan 15, 2021 7:36am
Quoting KiwiTrada
{quote} 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!!!
Long taken in at 1.3630 - Target 1.3640

Sat on hands until news was done
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Don't trade what you think. Just what you see!!!
  • #572,247
  • Jan 15, 2021 7:37am Jan 15, 2021 7:37am
Quoting Konichiwhaat
get ready to buy all the stops...
GBPUSD after touching the levels of 1.3615 in moving in the Consolidation Phase.
FXOpen - International True ECN Broker
  • #572,248
  • Jan 15, 2021 7:37am Jan 15, 2021 7:37am
[quote = Rgkc; 13361505] {image} [/ quote]



50/50 ? SL/TP ? :O
  • #572,249
  • Jan 15, 2021 7:38am Jan 15, 2021 7:38am
Quoting KiwiTrada
{quote} 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!!!
agh crap data, will see how 3636 pans out is retest of the drop through tl from present rising tl from previous lows as mentioned shit data has not helped
If you are new to Forex? Say Goodbye to your account!!
  • #572,250
  • Jan 15, 2021 7:38am Jan 15, 2021 7:38am
Helioss! What do you see?
when you can accurately predict the future, you leave nothing to chance.
  • #572,251
  • Jan 15, 2021 7:39am Jan 15, 2021 7:39am
Quoting fxmasterdxb
Would love to see a close above 30, maybe around 35 but its difficult now
Happening but very slowly
Insane in the Brain..
  • #572,252
  • Jan 15, 2021 7:41am Jan 15, 2021 7:41am
im done for the week
but im just gonna leave this here
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  • #572,253
  • Jan 15, 2021 7:45am Jan 15, 2021 7:45am
Quoting BeeTogether
{quote} Happening but very slowly
This hour close is the 4hr candle close, if bulls manage to close it above 35 then further move towards the high could be possible, otherwise i will close and wait till next Monday
  • #572,254
  • Jan 15, 2021 7:47am Jan 15, 2021 7:47am
Quoting KiwiTrada
{quote} agh crap data, will see how 3636 pans out is retest of the drop through tl from present rising tl from previous lows as mentioned shit data has not helped
wow gold silver and cad rejecting the -data who would have thunk that??
If you are new to Forex? Say Goodbye to your account!!
  • #572,255
  • Jan 15, 2021 7:50am Jan 15, 2021 7:50am
Quoting Theoak
{quote} Long taken in at 1.3630 - Target 1.3640 Sat on hands until news was done {image}
OUT 10 pip loss
Don't trade what you think. Just what you see!!!
  • #572,256
  • Jan 15, 2021 7:52am Jan 15, 2021 7:52am
  •  Rgkc
  • | Joined Dec 2010 | Status: Never stop learning about forex! | 419 Posts
Quoting KiwiTrada
{quote} wow gold silver and cad rejecting the -data who would have thunk that??
Studing..............
  • #572,257
  • Jan 15, 2021 7:54am Jan 15, 2021 7:54am
Quoting fxmasterdxb
{quote} This hour close is the 4hr candle close, if bulls manage to close it above 35 then further move towards the high could be possible, otherwise i will close and wait till next Monday
Closing with -10
  • #572,258
  • Jan 15, 2021 7:54am Jan 15, 2021 7:54am
Quoting KiwiTrada
{quote} wow gold silver and cad rejecting the -data who would have thunk that??
Normally it is SL trap and next candle can be bull
  • #572,259
  • Jan 15, 2021 7:55am Jan 15, 2021 7:55am
Quoting fxmasterdxb
{quote} This hour close is the 4hr candle close, if bulls manage to close it above 35 then further move towards the high could be possible, otherwise i will close and wait till next Monday
looking at the drop just now, 35 not gonna happen
Insane in the Brain..
  • #572,260
  • Jan 15, 2021 7:57am Jan 15, 2021 7:57am
Quoting kk300
Sold the top yesterday.. i want to have hunter beef of that bull from tuesday in dinner...
3 more hours to go.. i am not hungry yet..
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