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Cable Update (GBPUSD)

Quoting woody70
Sell 1.27007 I know coming into a hole number is not the thing to do but I'm seeing divergence on the hourly chart. Take profit a1.26457. This is not a signal.
Definitely not a signal. But you think it could possibly get to 1.26457? Can the sell pressure go that far?
Quoting Jackoboms
{quote} Nice, you think we going further down?
1.2692 decision level.
Don’t blindly follow someone, follow market and try to hear what it is tell
Quoting Konichiwhaat
{quote} But yesterday you confidently said we are going down? Now you doubt that fact. Do you see my point now?
I see your point and I always respect peoples point. I was confident and I was wrong. But i was confident actually, but I shouldn't have said "will do" but "May do".

Thanks
Quoting hoda
{quote} 1.2692 decision level.
Ok.
Quoting Luxyus
{quote} a retrace till daily pivot where buy should restart, following PA on tf H1
Ah yes but which pivot?
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Quoting Jackoboms
{quote} Definitely not a signal. But you think it could possibly get to 1.26457? Can the sell pressure go that far?
I think some kind of a pullback is due. If it although I still think this is a bull market. I would not be looking for any long-term sell setups unless we get a close below the last 4hour low.
Quoting Jackoboms
{quote} Do we have sell confirmation right now ?
what kind of confirmation do we need? it reached the 61.8 fibo and I am risking 30 to 40 pips to get 50 pips
Read the chart... Fundies are catalyst...
Quoting dantpm
{quote} Ah yes but which pivot? {image}
Quoting Luxyus
{quote} a retrace till daily pivot where buy should restart, following PA on tf H1
1.2673
chaos is just unknown order
Quoting Konichiwhaat
{quote} No trading yesterday. Today, 14, 15 and 16. Four more to go {image}
17, 18, 19 and 20. Another 20 complete. 6 trading days. This was a negative result
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Emotional Control. Process, not outcome.
Gbpusd tp is 1.27800. Retracing will buy at 1.2680”
Quoting Jackoboms
{quote} This could be a trap as well, to trap us into selling and then the bulls BUYs
It may be. If you are always panic about trap, manipulation etc... where do you enter?
It is all about risk management..
It reached the 61.8 fib and month is going to end there must be profit booking
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Read the chart... Fundies are catalyst...
Quoting Luxyus
{quote} {quote} 1.2673
I think 1.24714 is a 'better' pivot pint for the 1 hr time frame but hey.
gold scalpers,
as long as price not going significantly above 2043 on ltf (lets say 5m) its a short with minimum target of 2033
The market has short memory
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Bounce or short here
Quoting satheesh
{quote} what kind of confirmation do we need? it reached the 61.8 fibo and I am risking 30 to 40 pips to get 50 pips
Confirmation in breaking key support levels.
Quoting dantpm
{quote} I think 1.24714 is a 'better' pivot pint for the 1 hr time frame but hey.
Would be great to see 1.261 for BUY opportunities
My gut feeling for dxy.. still alot of room to fly
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Extreme gut feeling trader
Quoting Whale
gold scalpers, as long as price not going significantly above 2043 on ltf (lets say 5m) its a short with minimum target of 2033
Doesnt look like Gold has the strength to push any further
Quoting montygoldy
My gut feeling for dxy.. still alot of room to fly {image}
103 then 103.300 looks feasible
Quoting Jackoboms
{quote} Confirmation in breaking key support levels.
your system tells you to wait for the break of support level and mine tells it reached the resistance level
Everyone have their own strategy
Read the chart... Fundies are catalyst...
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