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Cable Update (GBPUSD)

  • #492,321
  • Sep 6, 2019 2:19am Sep 6, 2019 2:19am
Quoting navk
hhaaaahooooheeeeee
Moti, why did you give " like " to this post?

Intraday only.
  • #492,322
  • Sep 6, 2019 2:20am Sep 6, 2019 2:20am
the spike was due to court ruling

so Parliament will be legally suspended from Sep 8 till Oct 14 , unless they find a way to call elections before Sep 8 , they ' ll have to do it after Oct 14

political deadlock continues
  • #492,323
  • Sep 6, 2019 2:21am Sep 6, 2019 2:21am
Quoting Moty
All out at daily pivot 1.22954 Now waiting for pullback. Useally i i stayes in for the 1 in a million times that price continue to drop. That leads to 2 outcomes 1 : it's retrace , and i lost double opportunities to profit . 2: it revarse completely, and i get my account blown. {image} Back to sanity , i will be very happy with 50 $ a day and 1100 $ a month{image}

I am happy for you brother
  • #492,324
  • Sep 6, 2019 2:23am Sep 6, 2019 2:23am
Quoting MXT
the spike was due to court ruling so Parliament will be legally suspended from Sep 8 till Oct 14 , unless they find a way to call elections before Sep 8 , they ' ll have to do it after Oct 14 political deadlock continues
this will probably push the price down ?
Intraday only.
  • #492,325
  • Sep 6, 2019 2:23am Sep 6, 2019 2:23am
Nope! Last week's.

KP

Quoting htcone
{quote} Do you mean weekly outside bar which is in progress i guess
Do your homework, follow the footprints of smart money
  • #492,326
  • Sep 6, 2019 2:31am Sep 6, 2019 2:31am
Quoting navk
{quote} Moti, why did you give " like " to this post?
Honestly, I don't know
yes yes yes
  • #492,327
  • Sep 6, 2019 2:36am Sep 6, 2019 2:36am
LONDON (Reuters) - London’s High Court on Friday rejected a legal challenge against British Prime Minister Boris Johnson’s suspension of parliament before Brexit, but said it could be taken to the Supreme Court for an appeal, the BBC said.
Johnson announced at the end of August that he would suspend parliament from mid-September to mid-October, just before Britain is due to leave the European Union on Oct. 31, so the government could announce a new legislative programme.
That prompted campaigner Gina Miller, who defeated the government over another Brexit issue two years ago, to challenge the order.

lets fcuk all these political shits., either ways spikes may do but gbpusd folllows the trend/
just be on trend fellas.
Never follow/blame others,Patience is the key skill for Succesfull trading.
  • #492,328
  • Sep 6, 2019 2:36am Sep 6, 2019 2:36am
Cable is back @ 1.23 but the weekly candle looks really bullish so still worth holding. Plus now Boris cant get that election it seems he cannot force a no deal and talk of brexit delay will just give pound more legs
  • #492,329
  • Sep 6, 2019 2:37am Sep 6, 2019 2:37am
so apparently parliament will still be open till about Tuesday 11 or maybe longer and other MPs are already talking of possible elections , but Johnson likelihood of winning the elections after expelling so many Tories does not look so high
  • #492,330
  • Sep 6, 2019 2:37am Sep 6, 2019 2:37am
Quoting navk
{quote} this will probably push the price down ?
That is what will drop the price down.
Ingulfing candle at the direction of the trend ( or temperury trend ) is a very powerful signal.
Useally it retrace 50-62 % and continue with the direction
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yes yes yes
  • #492,331
  • Sep 6, 2019 2:37am Sep 6, 2019 2:37am
Quoting Moty
{quote} Nailed it Now short {image}
i like you in that sense that you are hard working trader...winning or lost is part of game..
sell strength in falling markets, and buy weakness in rising markets.
  • #492,332
  • Sep 6, 2019 2:39am Sep 6, 2019 2:39am
Quoting Moty
{quote} Honestly, I don't know
you know it is important to give " like " in forex factory, no reason needed.

Intraday only.
  • #492,333
  • Sep 6, 2019 2:39am Sep 6, 2019 2:39am
pound will definitely covers te Monday spike down tick.
Never follow/blame others,Patience is the key skill for Succesfull trading.
  • #492,334
  • Sep 6, 2019 2:44am Sep 6, 2019 2:44am
Quoting Moty
{quote} Yeah, yeah. They just Trading the london break out strategy {image}
for me, the price is up. Tech saying this.
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Intraday only.
  • #492,335
  • Sep 6, 2019 2:45am Sep 6, 2019 2:45am
Quoting sgkrishn
LONDON (Reuters) - London’s High Court on Friday rejected a legal challenge against British Prime Minister Boris Johnson’s suspension of parliament before Brexit, but said it could be taken to the Supreme Court for an appeal, the BBC said. Johnson announced at the end of August that he would suspend parliament from mid-September to mid-October, just before Britain is due to leave the European Union on Oct. 31, so the government could announce a new legislative programme. That prompted campaigner Gina Miller, who defeated the government over another...
Just want to ask how do you differentiate between a pullback and the start of a trend reversal? While I still think that the overall bias on GU is still down, but the recent strength in this up move could also be the start of a uptrend?
  • #492,336
  • Sep 6, 2019 2:47am Sep 6, 2019 2:47am
Quoting sgkrishn
pound will definitely covers te Monday spike down tick.
we 're in the midst of political chaos , it ' s great to follow trend , but in highly uncertain times Cable could behave quite illogical
  • #492,337
  • Sep 6, 2019 2:49am Sep 6, 2019 2:49am
Usdx though not in perfect pa but already over previous high so ok test 98.50 and others continue short like eu for 1014 and gu 2260 limit.
Attached Image
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #492,338
  • Sep 6, 2019 3:03am Sep 6, 2019 3:03am
when im not sure, i look at the midpoint for the week and the midpoint for the day.
Price is now below the Day Midpoint but Above the Weekly midpoint.
And that is why there is indecision now.
in wondering about yourself, you forgot what you came here to be part of
  • #492,339
  • Edited 4:02am Sep 6, 2019 3:18am | Edited 4:02am
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Updated:
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yes yes yes
  • #492,340
  • Sep 6, 2019 4:03am Sep 6, 2019 4:03am
Quoting Moty
{image} Updated:{image}
Guess its time to close my short and go long
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