Disliked{quote} With Cummings leaving, something is happening for sure. Probably he is upset with pm decisionIgnored
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Cable Update - Continued 102 replies
Cable (GBPUSD) vs Euro (EURUSD) 31 replies
Cable Update (GBP/USD) without Idiots 23 replies
Why is GBPUSD called cable? 66 replies
cable short for gbpusd? 6 replies
Disliked{quote} With Cummings leaving, something is happening for sure. Probably he is upset with pm decisionIgnored
Disliked{quote} I don't care for the "noise", cable will drop, no matter what happens fundamentally. I just follow the chart.Ignored
Disliked{quote} My guess would be Boris wants to make some shitty deal with the EU, just so he doesn't get the heat for a no-deal brexit.Ignored
Disliked{quote} Yes, this is important news, and after Biden win a deal is very likely. I just don't think it will happen next week, although progress can be made towards the deal.Ignored
Disliked{quote} Everything is in the chart for me...news are just the fuel. But thats how I trade, everybody should do what they believe in.Ignored
DislikedI respect the bearish view/analysis from George and Online Addict but I don't understand it - from a technical/chart reading, other than the R:R favouring it from a range analysis as George points out, and, in and of itself - the weekly candle is bearish despite the bullish body. Of course a change in the 'mood music'/brexit deal negotiation updates/briefings to pessimistic could help the bearish viewpoint re future pa, and we will likely get some info on this as this coming week progresses. Now, I like everyone else do not even know what the next...Ignored
Disliked{quote} As online addict rightly pointed out, news are like fuel to aid price movement. In the above screenshot, I had forecasted movement between 1.2660 - 1.3380 as possible levels for November since 31st of October. I even gave possible excuses for the movements to those potential levels. I plan ahead and the chart of previous, present and future all point towards price boundaries which factors in technical, fundamentals and sentiment analysis. Putting the 3 analysis together can be so confusing, the solution is to find a harmony and apply good...Ignored
Disliked{quote} As online addict rightly pointed out, news are like fuel to aid price movement. In the above screenshot, I had forecasted movement between 1.2660 - 1.3380 as possible levels for November since 31st of October. I even gave possible excuses for the movements to those potential levels. I plan ahead and the chart of previous, present and future all point towards price boundaries which factors in technical, fundamentals and sentiment analysis. Putting the 3 analysis together can be so confusing, the solution is to find a harmony and apply good...Ignored
Disliked{quote} Georginson, I think not only in the form of writing, if you have a certain view from your point of view, it can be in the chart images, where is the Risk, Entry, SL and TP so that we can see more clearly what you mean.Ignored
Disliked{quote} First and foremost, I prefer write ups to making use of charts to explain my point of view. I analyse from perspective of swing which can tolerate couple of hundred pips drawdown before target may be attained. Selling from 1.3200-1.3380 is my focal point, I will only set my stop loss at 1.3500 around previous high of the year (September), while my target will be 1.2960/1.3010.Ignored
DislikedI respect the bearish view/analysis from George and Online Addict but I don't understand itIgnored
Disliked{quote} As for me, I see a strong topping pattern on the weekly chart, thats all...it might go to 3300 or higher, then I would expect a drop towards 2750 or it may go towards or above 3500, then I would expect a drop of 1000 pips or more. I don't use SLs, so I rather trade in the direction I think its heading to...I don't mind some DD...and a 100 pip DD on GU is nothing, I can take much more. What I couldn't take is to wake up to a sudden GU crash, while being long and targetting 50-100 pips or so. Same goes with EU...I expect 1200 or...Ignored
DislikedSo I guess we will have people buying dips and people selling rises... Who wins?Ignored
Disliked{quote} As for me, I see a strong topping pattern on the weekly chart, thats all...it might go to 3300 or higher, then I would expect a drop towards 2750 or it may go towards or above 3500, then I would expect a drop of 1000 pips or more. I don't use SLs, so I rather trade in the direction I think its heading to...I don't mind some DD...and a 100 pip DD on GU is nothing, I can take much more. What I couldn't take is to wake up to a sudden GU crash, while being long and targetting 50-100 pips or so. Same goes with EU...I expect 1200 or...Ignored
Disliked{quote} You maybe right or wrong, the drop for EU & GU seems make sense around 500 - 1000 pips, but what about the stimulus? After US election, they plan to launch stimulus in big amounts next month, so I think for a few weeks after stimulus launch, DXY will drop to 88-89 maybe, then it will slowly go up waiting for good news about the covid vaccine, maybe took months to wake DXY up to 100 or more. I maybe wrong, but this is the scenario I think that could be possibly happened.Ignored