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donfriday Nov 12, 2019 2:50pm | Post# 503401

test upper tl reenter long 1.2851 {image}

my best opinion i wont go long at that level why because that could easily turn a lower high with monday high

pipfarm Nov 12, 2019 3:02pm | Post# 503402

Its coming down, the daily is still in down mode, see the current correction on the 4 hour or better on the hourly, it looks like a triangle , waiting for the 5th wave in the triangle then short. Scrub that, it should be daily down , 4 hour is up and making a correction which is a going sideways, looks like a triangle 5 waves, waiting for 5th to long

Looks like a triangle before the long, if it was the third push up it would of moved a lot faster and taken the previous swing high out very rapidly

fontu Nov 12, 2019 3:26pm | Post# 503403

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this can have a killing mission ! anyway I will not wait for , will go shopping , will check later. take care {image}
Back, reacted perfect but market not in hurry like us , will wait by day end? Next day try ok but ok now to try, odd time it seems!
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sgkrishn Nov 12, 2019 3:47pm | Post# 503404

IMHO. Don't float any bigger position on long.

thevisitor Nov 12, 2019 4:35pm | Post# 503405

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possible down

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thevisitor Nov 12, 2019 5:40pm | Post# 503406

{quote} my best opinion i wont go long at that level why because that could easily turn a lower high with monday high
Imho boys currently looking for sellers to spike up this lady...

MamounDeb Nov 12, 2019 8:42pm | Post# 503407

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Okay guys. I'm still new to the FF forums so feedback is appreciated!

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I entered the trade badly, now would be a better time to place a short.
However, a break to the upside would mean obvious bullish pressure, thus we can have a very tight SL. Plus, The double top followed by the triangle broken on Friday as well as the 2 consecutive Low-Highs all show a very weak pound! the risk-reward ratio is in favour of a sell.

1.27381 Is TP1 and top of the lower handle. That is where I will hopefully exit the trade and wait for either a bound or a break.

NieFenG999 Nov 12, 2019 8:51pm | Post# 503408

To theoritic.... Open long 2853.... Sl 2800

Yngwie Nov 12, 2019 9:00pm | Post# 503409

waiting 1.2798 ~ 1.28167 area to long

navk Nov 12, 2019 9:41pm | Post# 503410

{quote} nothing is for sure but i expect 1.2900 min.
I expect the price to go down in London as yesterday, then retrace......

navk Nov 12, 2019 9:42pm | Post# 503411

waiting 1.2798 ~ 1.28167 area to long
probably, yes...

fontu Nov 12, 2019 10:19pm | Post# 503412

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Usdx bull still waiting close above 98.25, others ready, eurgbp start bull, gold towards other limit and hold 1452, brent start tanking to come all in line. lets see

Gbpusd ready for both actions, a bull leg to decide or bear to decide!initially 2838 and 2815 intact to break 2854 up. Failure 2815 then to decide at 2770/63.

eurgbp may got a d bottom to play apparently , other levels to pass step by step
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Moty Nov 12, 2019 11:09pm | Post# 503413

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navk Nov 12, 2019 11:56pm | Post# 503414

{image}
below 2835, only down, and above 2845 only up.

Let us see what happens today.

My idea is totally different than yours.

Keep your fingers crossed.

My idea is to follow the flow and make money and not to predict targets.

LeongPuiy Nov 12, 2019 11:57pm | Post# 503415

Okay guys. I'm still new to the FF forums so feedback is appreciated! {image} I entered the trade badly, now would be a better time to place a short. However, a break to the upside would mean obvious bullish pressure, thus we can have a very tight SL. Plus, The double top followed by the triangle broken on Friday as well as the 2 consecutive Low-Highs all show a very weak pound! the risk-reward ratio is in favour of a sell. 1.27381 Is TP1 and top of the lower handle. That is where I will hopefully exit the trade and wait for either a bound or a...
Same my view

Never Nov 13, 2019 12:02am | Post# 503416

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Support and resistance is away from the 100 pips Upside and downside

2940 R
2740 S
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Ill-b-back Nov 13, 2019 12:37am | Post# 503417

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Hopefully get some good GBP news in 20mins. Get a spike up to resistance, then sell. {image} {image}
With the reaction off the expected zone, and the recent sequence of lower highs and lower lows off 1.3, I'm thinking it will break south.
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fontu Nov 13, 2019 12:58am | Post# 503418

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gold not aligned yet , as of likely reaction below 1452 before another limit 1437 but still may tank below 1466 & limit 1479. it can play differently though but if align should boost next!

brent readying , trying 60.50 breaks to tank start
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Ill-b-back Nov 13, 2019 1:13am | Post# 503419

58% GBPUSD lots on FF are now long

fontu Nov 13, 2019 1:24am | Post# 503420

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58% GBPUSD lots on FF are now long
long short there all places
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