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Cable Update (GBPUSD)

  • #502,341
  • Nov 4, 2019 1:40pm Nov 4, 2019 1:40pm
elsewhere. DXY H4 looks like a strong chart and a potential DB @ 97.20.
I don't have a target on DX but chart looks mighty now.
Attached Image (click to enlarge)
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  • #502,342
  • Nov 4, 2019 1:41pm Nov 4, 2019 1:41pm
pending buy 2883

scalp on M1
in wondering about yourself, you forgot what you came here to be part of
  • #502,343
  • Nov 4, 2019 1:47pm Nov 4, 2019 1:47pm
Its a BoE week, don't get trapped in the wrong direction before thursday. Plenty of money to be made on thursday, no need to gamble until then.
Everyone can see the chart, but only a few can actually read it.
  • #502,344
  • Nov 4, 2019 2:00pm Nov 4, 2019 2:00pm
Quoting OnlineAddict
Its a BoE week, don't get trapped in the wrong direction before thursday. Plenty of money to be made on thursday, no need to gamble until then.
BoE week!!?It is muted for monthsWhat can it do in such a political situation!!???
  • #502,345
  • Nov 4, 2019 2:20pm Nov 4, 2019 2:20pm
Quoting navk
Hey guys, when price went down close to 2800 and below many in this thread predicted price to go down to 2650. I was strong in my approach and said 2787 is daily support and will bounce. It bounced. Now, weekly 3013 is resistance and 2976 is daily resistance. It is likely to be bearish only untill : A new daily support is formed Or 2976 is broken. I do not trust in targets... Yes. I just trade the trend as it goes on daily basis. So, Monday? I am going to short and make money.
Well, I just woke up to see what the price is. Yes, the trend / flow is the winner. Another successful analysis by me.
Intraday only.
  • #502,346
  • Nov 4, 2019 2:22pm Nov 4, 2019 2:22pm
I will post the new entries during asia. Bye guys.
Intraday only.
  • #502,347
  • Nov 4, 2019 2:23pm Nov 4, 2019 2:23pm
Quoting navk
{quote} Well, I just woke up to see what the price is. Yes, the trend / flow is the winner. Another successful analysis by me.
Ya good analysis bro.
Never follow/blame others,Patience is the key skill for Succesfull trading.
  • #502,348
  • Nov 4, 2019 2:25pm Nov 4, 2019 2:25pm
as expected
  • #502,349
  • Nov 4, 2019 2:50pm Nov 4, 2019 2:50pm
Quoting Arshamv
{quote} BoE week!!?It is muted for monthsWhat can it do in such a political situation!!???
Liquidity, of course. And a more clear chart by that time. So two very important things. But maybe for you they are not...
Everyone can see the chart, but only a few can actually read it.
  • #502,350
  • Nov 4, 2019 2:51pm Nov 4, 2019 2:51pm
Quoting asgcorp
{quote} On HTF my view is unchanged. Accumulation in progress. Bulls have a valid target @ 3150-3250 later in Q4 (probably November). {image}
HTF (daily) outlook unchanged. Posted this 2 weeks ago. Wave 4 completes near 2700 (+-20-30 points give or take).
So 2700 is in fact a possible target for bears this week.
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  • #502,351
  • Nov 4, 2019 3:10pm Nov 4, 2019 3:10pm
Did I read right, the Fed are easing again?
Come with me if you want to live....
  • #502,352
  • Nov 4, 2019 4:05pm Nov 4, 2019 4:05pm
My tp does’nt hit LOL
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  • #502,353
  • Nov 4, 2019 4:13pm Nov 4, 2019 4:13pm
Usdx still need to retrace to fibo 50 and then only down and down.
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  • #502,354
  • Nov 4, 2019 4:20pm Nov 4, 2019 4:20pm
Quoting b_hand
Usdx still need to retrace to fibo 50 and then only down and down. {image}
98.40 as min target for DX. And thats just a long target, I will wait for even more than that to short.
Everyone can see the chart, but only a few can actually read it.
  • #502,355
  • Nov 4, 2019 5:04pm Nov 4, 2019 5:04pm
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  • #502,356
  • Nov 4, 2019 8:57pm Nov 4, 2019 8:57pm
Quoting thevisitor
{quote} in the end we are all gamblers {image}
We are not all gamblers!

You are right to state that gambling is an event with an uncertain outcome. Is it so with forex? TPs and SLs do not qualify for uncertain outcome
  • #502,357
  • Nov 4, 2019 8:59pm Nov 4, 2019 8:59pm
I am able to double my capital within every two weeks with low risk trading fx so i don't think it's gambling , have a trading plan and follow the trend and you will stay winning
  • #502,358
  • Nov 4, 2019 9:39pm Nov 4, 2019 9:39pm
Quoting Bydyke
{quote} We are not all gamblers! You are right to state that gambling is an event with an uncertain outcome. Is it so with forex? TPs and SLs do not qualify for uncertain outcome
Trading is an art of science.

If Science is not followed, gambling.
Intraday only.
  • #502,359
  • Nov 4, 2019 9:50pm Nov 4, 2019 9:50pm
Gambling??? So stupid.... >•<
  • #502,360
  • Nov 4, 2019 9:54pm Nov 4, 2019 9:54pm
Quoting NieFenG999
Gambling??? So stupid.... >•<
they are talking gambling trade with 2 standard lots with 1000 : 1 leverage and 500 $ capital.

It is gambling for sure in such case.
Intraday only.
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