Attachments: Cable Update (GBPUSD)

Cable Update (GBPUSD)

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Post #577,821
Quote
Feb 12, 2021 12:30pm Feb 12, 2021 12:30pm

Coreg2004
Joined Oct 2009 | Status: Member | 2,554 Posts | Online Now

Quoting navk

Disliked

{quote} may be 3960 should not break as per your chart.

Ignored

navk, I posted my final target way back @1.3993 which was atm insane projection...no so right now...I will try to find it.

Always trade your own plan...I don't provide trading signals.

Post #577,822
Quote
Feb 12, 2021 12:31pm Feb 12, 2021 12:31pm

RedCable
| Joined May 2020 | Status: Member | 55 Posts | Online Now

Quoting Moty

Disliked

{image}

Ignored

Hello mate, not sure how you are still holding but this late move is just a bear killer move. Luck, that I have exited all my shorts early. The market may not break the 1.3860, but it's too late to open new trades. Good Luck to you

Post #577,823
Quote
Feb 12, 2021 12:35pm Feb 12, 2021 12:35pm

navk
Joined Oct 2010 | Status: Trader | 15,493 Posts

3840/30 to close the day?

anyone ?

I shorted at 3858

Intraday only.

Post #577,824
Quote
Feb 12, 2021 12:44pm Feb 12, 2021 12:44pm

mysterio
Joined Sep 2009 | Status: Member | 5,481 Posts

Any opinions on whether the correction is over and uptrend resumed or this move is just to shake out the weak bear hands? Signs in the bond market that the dollar can go higher but I'm not sure. 1.3775 was not where I expected the turnaround

Post #577,825
Quote
Feb 12, 2021 12:47pm Feb 12, 2021 12:47pm

Moty
Joined Dec 2017 | Status: Member | 21,577 Posts | Online Now

Attached Image (click to enlarge)

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Post #577,826
Quote
Feb 12, 2021 12:51pm Feb 12, 2021 12:51pm

navk
Joined Oct 2010 | Status: Trader | 15,493 Posts

Quoting Moty

Disliked

{image}

Ignored

i dont want much.

My TP at 3842.

For today only.

Intraday only.

Post #577,827
Quote
Feb 12, 2021 1:04pm Feb 12, 2021 1:04pm

Student21
| Joined Apr 2018 | Status: Member | 208 Posts

Quoting navk

Disliked

{quote} i dont want much. My TP at 3842. For today only.

Ignored

im there too, 12 pip tp

A trader is as good as his stop loss. Understand your mistakes.

Post #577,828
Quote
Feb 12, 2021 1:09pm Feb 12, 2021 1:09pm

ChiForex
Joined Jan 2019 | Status: Member | 1,035 Posts

GU not just based above the said daily support 1.3770 but also above said weekly resistance now support 1.3790 and continued it with a base above first monthly resistance now support 1.3820.
Might we soon see the long time anticipated attack to 1.3900s Lets see..

My technical analysis leading trades depend on Daily/Weekly/Monthly Chart

Post #577,829
Quote
Feb 12, 2021 1:10pm Feb 12, 2021 1:10pm

Roszey
Joined Nov 2013 | Status: Busy | 1,396 Posts

Fake Forex Trader Fake Live Account Servers (MT4/MT5) MetaQuotes Fraud : Daytrading (reddit.com)

Le$$ I$ More

Post #577,830
Quote
Feb 12, 2021 1:16pm Feb 12, 2021 1:16pm

palpite
Joined Sep 2015 | Status: Under Pressure | 3,347 Posts | Online Now

Quoting Moty

Disliked

{image}

Ignored

Why not, gap closed.

sell - 1.3858

.

Together we can be strongest

Post #577,831
Quote
Feb 12, 2021 1:21pm Feb 12, 2021 1:21pm

palpite
Joined Sep 2015 | Status: Under Pressure | 3,347 Posts | Online Now

Quoting palpite

Disliked

{quote} Why not, gap closed. sell - 1.3858 .

Ignored

Let's see if the crooks was just hunting stop loss.

Together we can be strongest

Post #577,832
Quote
Feb 12, 2021 1:24pm Feb 12, 2021 1:24pm

pipfarm
Joined Oct 2010 | Status: Member | 2,991 Posts | Online Now

Im holding through the dips and smaller moves down , this will be an epic bull wave

Follow The Markets Structure - Patience and Discipline

Post #577,833
Quote
Feb 12, 2021 1:31pm Feb 12, 2021 1:31pm

Efelexy
| Joined Aug 2019 | Status: Member | 127 Posts

Quoting pipfarm

Disliked

Im holding through the dips and smaller moves down , this will be an epic bull wave

Ignored

Follow The Markets Structure - Patience and Discipline.... Cheers .

It is all about the foreign exchange market.

Post #577,834
Quote
Edited 2:03pm Feb 12, 2021 1:32pm | Edited 2:03pm

Theoak
Joined Apr 2019 | Status: Member | 5,492 Posts

Short in at 1.3853

out 9 pip loss me done

Don't trade what you think. Just what you see!!!

Post #577,835
Quote
Feb 12, 2021 1:38pm Feb 12, 2021 1:38pm

amoremia
Joined Jul 2015 | Status: Member | 84 Posts

too early for a short i guess

it may jump nxtweek monday just my 2 cents

end of the month, u r already a winner

Post #577,836
Quote
Feb 12, 2021 1:43pm Feb 12, 2021 1:43pm

pipfarm
Joined Oct 2010 | Status: Member | 2,991 Posts | Online Now

Quoting Efelexy

Disliked

{quote} Follow The Markets Structure - Patience and Discipline.... Cheers .

Ignored

@ your own risk if you hold, i have a small stop and everything is well within my risk parameters and money management rules

Follow The Markets Structure - Patience and Discipline

Post #577,837
Quote
Edited 2:04pm Feb 12, 2021 1:47pm | Edited 2:04pm

pipfarm
Joined Oct 2010 | Status: Member | 2,991 Posts | Online Now

Quoting Coreg2004

Disliked

...and the bigger picture is here {image}{image}

Ignored

It may be the two corrections, one on the 8th and the current one are of a different degree as the one on the 8th has smaller subdivisions in its internal structure when compared to the current correction.

Attached Image (click to enlarge)