Cable Update (GBPUSD)

Quoting Lock

Disliked

{quote} My suggestion is that it is really better to avoid economic calendar analysis unless you are an investor. If you are a day trader, as it looks like, you have to consider that news (past and upcoming) are normally embedded in the price structure you have in front of your ayes right now. Even when an exogenous event(something unpredictable outside the normal calendar news schedule) occurs you may estimate the limits of its consequences if you understend the market information you already have. Obviously in some occasions you do not understand...

Ignored

Quoting Lock

Disliked

We are going to open Pit session with a gap upwards. The base of the gap is at yesterday pit high 3331. If the gap is preserved it could act as support for upcoming news. But structure below is still impressively weak. Anyway , as written before, to see continuation upwards, we want to see acceptation above friday pit session high at 3352.

Ignored

Quoting Lock

Disliked

We are going to open Pit session with a gap upwards. The base of the gap is at yesterday pit high 3331. If the gap is preserved it could act as support for upcoming news. But structure below is still impressively weak. Anyway , as written before, to see continuation upwards, we want to see acceptation above friday pit session high at 3352.

Ignored

Quoting actionmoney

Disliked

{quote} I appreciate your honest response. Would you be kind enough to tell in which direct we are heading in less than 56mins left to US-Data. I'm on here to learn how to trade better not here for argument or to prove that I am good/better than anyone. Money managements requires techniques Of which I am ready to learn all day every day.

Ignored

Quoting actionmoney

Disliked

{quote} CORRECT ANSWER. THANK YOU, GRACIAS, DANKE. It is always good to be honest and not bully each other on here as no one is an island of knowledge. Your detailed explanation will have a long way to go in my decision making and research methodology. I am grateful, stay blessed LOCK.

Ignored

Quoting pointlessfor

Disliked

here .3375 my third short will be. {image}

Ignored

Quoting actionmoney

Disliked

{quote} Are you saying it the G/U price will fall before rising up again?

Ignored

Quoting HaLBot

Disliked

Hey Guys... made 38 pips so far today, I did have a good trade at beginning of UK sess but gave most of it back thinking there was going to be another push after initial up move and got stopped out. Now just made sum pips...

Ignored

Quoting HaLBot

Disliked

Hey Guys... made 38 pips so far today, I did have a good trade at beginning of UK sess but gave most of it back thinking there was going to be another push after initial up move and got stopped out. Now just made sum pips...

Ignored

Quoting HaLBot

Disliked

{quote} Actually was 23 pips not 38 pips.....added sum from yesterday by mistake Still 4% for the day I aint complainin.....

Ignored

Quoting Devart

Disliked

{quote} Hello, I have not undestood what is your view. Red OR Blue ? Regards

Ignored

Quoting Wdfx

Disliked

{quote} will it get through 1.3420?

Ignored

Quoting Devart

Disliked

Hello Guys, I try to be as clear as possible because there are so many info here ... First, I am definitely bearish on this pattern. For now I am waiting to close a bull position at 1.3350, maybe the cross can move until 1.3370 but I thing it is difficult. Beyond 1.3370 it is full full of big resistences and it is full of harmonic patterns that indicated a down movement. I have right now positioned a sell limit order --> you do not see it in my pictures {image} {image} {image} {image} {image} {image} {image}

Ignored