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Cable Update (GBPUSD)

  • #576,781
  • Feb 8, 2021 7:37am Feb 8, 2021 7:37am
Quadruple Top?!?
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Maadik Hugiis. IQ 69.
  • #576,782
  • Feb 8, 2021 7:43am Feb 8, 2021 7:43am
took short at eu for 280 pips
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yes yes yes
  • #576,783
  • Feb 8, 2021 7:56am Feb 8, 2021 7:56am
A raid to the 4hr tf EQH will be a good buy trap
  • #576,784
  • Feb 8, 2021 7:59am Feb 8, 2021 7:59am
Quoting Leewachira
A raid to the 4hr tf EQH will be a good buy trap
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  • #576,785
  • Feb 8, 2021 8:01am Feb 8, 2021 8:01am
Quoting pipfarm
The 4h completed an abc short correction to the daily uptrend with the first leg of the continuation complete on the 1h Looks like the first leg of the larger 1 hour up swing has completed and price is moving into a correction with the first minor leg in play currently , once this correction is over will start looking for longs again. {image}

That was near enough ,


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Follow The Markets Structure - Patience and Discipline
  • #576,786
  • Feb 8, 2021 8:02am Feb 8, 2021 8:02am
what goes up , must come down
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yes yes yes
  • #576,787
  • Feb 8, 2021 8:10am Feb 8, 2021 8:10am
I would not put money on eurusd going down , the daily 123 move is a weekly correction in the monthly upswing and the hourly looks like its building an impulse wave upwards
Follow The Markets Structure - Patience and Discipline
  • #576,788
  • Feb 8, 2021 8:18am Feb 8, 2021 8:18am
interesting right now... lets see
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  • #576,789
  • Feb 8, 2021 8:21am Feb 8, 2021 8:21am
Quoting Moty
what goes up , must come down {image} {image}
got the long close 1.37465 66.1 pips
and enter short back on
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  • #576,790
  • Feb 8, 2021 8:22am Feb 8, 2021 8:22am
Quoting SteadyAsItGo
{quote} got the long close 1.37465 66.1 pips and enter short back on {image} {image}
oops sorry enter long again
  • #576,791
  • Feb 8, 2021 8:28am Feb 8, 2021 8:28am
Quoting SteadyAsItGo
{quote} oops sorry enter long again
mistake imo
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yes yes yes
  • #576,792
  • Feb 8, 2021 8:40am Feb 8, 2021 8:40am
Is anyone a subscriber to Stacey Burke Trading on youtube?
"TIME AND PRICE IS ALL THERE IS"
  • #576,793
  • Feb 8, 2021 8:41am Feb 8, 2021 8:41am
Quoting Mpfreefx
Is anyone a subscriber to Stacey Burke Trading on youtube?
great in for g/u and gold. just sharing
"TIME AND PRICE IS ALL THERE IS"
  • #576,794
  • Feb 8, 2021 8:42am Feb 8, 2021 8:42am
Short in at 1.3728 target 1.3715
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Don't trade what you think. Just what you see!!!
  • #576,795
  • Feb 8, 2021 8:49am Feb 8, 2021 8:49am
I see the DXY dropping again. Looks like majority in short - but it looks Long for a while!
  • #576,796
  • Feb 8, 2021 8:51am Feb 8, 2021 8:51am
Quoting Moty
all out 1.37452 last monday i deposited 196 $ i turned them in a week into 1123 $ i withdraw earlier 300 $ , and now i will withdraw 200 $ more {image} {image}
Monty, any strategy you can teach here on GU?
  • #576,797
  • Feb 8, 2021 9:13am Feb 8, 2021 9:13am
Quoting Moty
{quote} mistake imo {image}
You are awesome... sir
Blessings to you.
Learning
  • #576,798
  • Feb 8, 2021 9:23am Feb 8, 2021 9:23am
Hello everyone,

The NFP news last week did not do much in propelling the Pound-dollar pair to greater highs.

Although the price moved higher, it came back below 1.3700 at the early hours of Monday, 8th of February, 2020.

I had to close my trade at break even, even though the price went higher. My take profit has not been met.

I think the price might still trade between 1.3750 and 1.3600 during this week.

Please trade safely.
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  • #576,799
  • Feb 8, 2021 9:50am Feb 8, 2021 9:50am
sell stop - 1.3733
Together we can be strongest
Vantage Return This Month: -97.0%
  • #576,800
  • Feb 8, 2021 10:00am Feb 8, 2021 10:00am
Quoting okd123
{quote} Monty, any strategy you can teach here on GU?
the usual
s&r , pivot lines , price action , and most important , money risk management
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yes yes yes
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