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Cable Update - Continued 61 replies

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Attachments: Cable Update (GBPUSD)
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Cable Update (GBPUSD)

Will be taking profit soon. Its friyay after all
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Trade what you see not what you think.
Quoting Whale
{quote} i sold 4min ago.
I will stick to my plan short below the low if happens otherwise i can not be sure it is going down.
Follow The Markets Structure - Patience and Discipline
I am not going to sell today unless I see a trend line resistance in hourly.

Having said, other reasons not to sell for me :

1. The price has travelled already 73 pips from lows...

2. Friday... no more news events.

3. Preserve the profits made.

4. Happily enjoy the week end, as we are planning a camping for 2 days until sunday afternoon. Today evening we go. About 300 km to drive.

bye guys.

Have great week end.
Intraday only.
Stubborn mf
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Quoting pipfarm
{quote} I will stick to my plan short below the low if happens otherwise i can not be sure it is going down.
im not sure at all.
very close to take another loss
Quoting Whale
{quote} im not sure at all. very close to take another loss

If it breaches the top , that is it shorts no more, does look like it is starting to turn down a bit.

Closed below the 15m

Not much adr left today.
Follow The Markets Structure - Patience and Discipline
Quoting pipfarm
{quote} If it breaches the top , that is it shorts no more, does look like it is starting to turn down a bit. Closed below the 15m Not much adr left today.
yup seems to have fallen from its recent move above the daily pivot.. low volume now, could help GU drop below 127 again
Quoting GODofMC
{quote} Be be Gey tzalmavet Lo lo lo Eira Ra Ki ata Imadi Shivteha umishanteha Hema yi nahamuni {image}
Fuuu
Chart not moving for 18 minutes
Maybe they want to go up, cant close below 1.2710.
let me wait for 15mx2
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Stop trade from today until success at Demo
Quoting Moty
Stubborn mf {image}
This is the problem with price based indicators. They lag.
Bearing in mind the UK - had strong GDP figures today I would not be looking to short it.
I would be looking to long it in on a pullback.
If I was to short something - it would be from the swing high
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No macro - no trade
Let's dance with the rhythm.
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Quoting SFundamental
{quote} This is the problem with price based indicators. They lag. Bearing in mind the UK - had strong GDP figures today I would not be looking to short it. I would be looking to long it in on a pullback. If I was to short something - it would be from the swing high {image}
I like that plan. Marked on my charts.
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Quoting SFundamental
{quote} This is the problem with price based indicators. They lag. Bearing in mind the UK - had strong GDP figures today I would not be looking to short it. I would be looking to long it in on a pullback. If I was to short something - it would be from the swing high {image}
Those GDP figures are not important. We traded those numbers in July. Markets are forward looking indicator not backwards
Quoting SFundamental
{quote} This is the problem with price based indicators. They lag. Bearing in mind the UK - had strong GDP figures today I would not be looking to short it. I would be looking to long it in on a pullback. If I was to short something - it would be from the swing high {image}
hi, you did very good analysis on GBPUSD pair. and also we should go with fundamental + technical together. hope you all the best.
Quoting traderjnr
{quote} Those GDP figures are not important. We traded those numbers in July. Markets are forward looking indicator not backwards
They are important for day trading.
And the BOE will certainly be looking at GDP as part of their decision making process.
UK stocks tumble as surprise GDP growth fans BoE rate hike concerns (msn.com)
No macro - no trade
GU looking very good

DXY is moving strongly out of the correction along with EURUSD, USDCHF, AUDUSD,USDCAD,

Spoilt for choice today , that is just a few that set up today only posted GU and DXY
Follow The Markets Structure - Patience and Discipline
I think I'm done, up or down, what does it matter? Ride the tide, baby.
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Come on mister dx
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Quoting Whale
{quote} i sold 4min ago.
You have a nice entry, ride this out as far as you can and hold over the weekend if you can, should be a nice profit for you.

H1 swing down is where you will find the exit, based on the size of the first H1 swing if the current is 3 then it could be a 150-200 pip ride down
Follow The Markets Structure - Patience and Discipline
Quoting GODofMC
{quote} Fuuu Chart not moving for 18 minutes Maybe they want to go up, cant close below 1.2710. let me wait for 15mx2 {image} {image}
goes down baby.
go to the last support and i will sing
Gam gam gam ki eleh
Be be Gey tzalmavet
Lo lo lo Eira Ra
Ki ata Imadi
Shivteha umishanteha
Hema yi nahamuni

Gam gam gam
Gam gam gam ki eleh
Be be Gey tzalmavet
Lo lo lo Eira Ra
Ki ata Imadi
Gam gam gam ki eleh
Be be Gey tzalmavet
Lo lo lo Eira Ra
Ki ata Imadi
Shivteha umishanteha
Hema yi nahamuni

before
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After
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Stop trade from today until success at Demo
Quoting GeePee
{quote} Daring move. Good luck i shorted 1.2718. TP 1.2688
TP

Enjoy weekend
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