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Cable Update (GBPUSD)

  • #467,601
  • Nov 2, 2018 10:32pm Nov 2, 2018 10:32pm
Quoting navk
hey guys, 2940/50 may hold. It might rise above 3000. I am getting long signals.
nice mate️
just for a cup of coffee...
  • #467,602
  • Nov 2, 2018 10:45pm Nov 2, 2018 10:45pm
Daily candle reaction area above looks to me like a place to look for shorts
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: GBPUSDWeekly.png Size: 27 KB
Come with me if you want to live....
  • #467,603
  • Nov 2, 2018 11:07pm Nov 2, 2018 11:07pm
Quoting Ill-b-back
Daily candle reaction area above looks to me like a place to look for shorts {image} {image}
i’m also consider around that level mate
at weekly show somethings around there️
just for a cup of coffee...
  • #467,604
  • Nov 3, 2018 3:58am Nov 3, 2018 3:58am
Quoting navk
hey guys, 2940/50 may hold. It might rise above 3000. I am getting long signals.
Also closed my positions till more clear
POSTMASTER
  • #467,605
  • Nov 3, 2018 3:59am Nov 3, 2018 3:59am
Attached Image (click to enlarge)
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POSTMASTER
  • #467,606
  • Nov 3, 2018 4:05am Nov 3, 2018 4:05am
Quoting akim0895
{quote} i’m also consider around that level mate at weekly show somethings around there️
Yeah, I'll wait for that level (or thereabouts) to short again.
Come with me if you want to live....
  • #467,607
  • Nov 3, 2018 5:05am Nov 3, 2018 5:05am
yes, we are every time wrong in one place.

That is Forex trading.

Still we love to trade and loose our wealth. That is Greediness.
Intraday only.
  • #467,608
  • Nov 3, 2018 8:01am Nov 3, 2018 8:01am
The Correct Shape
Double Bottom- not only must have two clear lows, but the second must undercut the first. This tells investors there's been a second shakeout of weak holders. From the start of the pattern, at least seven weeks must pass before a viable buy point emerges.
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #467,609
  • Nov 3, 2018 8:04am Nov 3, 2018 8:04am
Attached Image (click to enlarge)
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Attached Image (click to enlarge)
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  • #467,610
  • Nov 3, 2018 8:16am Nov 3, 2018 8:16am
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  • #467,611
  • Nov 3, 2018 8:27am Nov 3, 2018 8:27am
Quoting Bones
The Correct Shape Double Bottom- not only must have two clear lows, but the second must undercut the first. This tells investors there's been a second shakeout of weak holders. From the start of the pattern, at least seven weeks must pass before a viable buy point emerges. {image}
Check if you agree. Seven weeks, so we have 1 consolidation like this.

Attached Image (click to enlarge)
Click to Enlarge Name: palpite.png Size: 35 KB


.
Together we can be strongest
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  • #467,612
  • Nov 3, 2018 8:35am Nov 3, 2018 8:35am
it could be here the important thing is what next ,lots of small red ,large red {d1}
I go with break the bear problem ,shaven low of last week
completely out of the blue other than support over extended move across the range imo
it reached for the underside of TL which I thought at the beginning of week ,but the bearish close made me think no way
4 week is bearish, 1 week is bullish
I'm watching what next and short from high
it's short under last months high


Quoting palpite
{quote} Check if you agree. Seven weeks, so we have 1 consolidation like this. {image} .
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #467,613
  • Nov 3, 2018 8:40am Nov 3, 2018 8:40am
$ looks bullish to me and hit tl Friday
it was overbrought
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #467,614
  • Nov 3, 2018 8:40am Nov 3, 2018 8:40am
I see GBPUSD turning to as low as 1.2580 - 1.2600 between now and 18th of November ... Just my simple analysis. Ready to risk (1.3200) minus 250pips from here. I will check back to see this happen
Data + Stat + Risk/Emotions Management
  • #467,615
  • Nov 3, 2018 8:43am Nov 3, 2018 8:43am
Quoting Bones
it could be here the important thing is what next ,lots of small red ,large red {d1} I go with break the bear problem ,shaven low of last week completely out of the blue other than support over extended move across the range imo it reached for tl which I thought at the beginning of week ,but the bearish close made me think no way 4 week is bearish, 1 week is bullish I'm watching what next and short from high {quote}
How it's 1 consolidation, maybe now the bears are waiting 1 pullback for to push the price down further. So, will be something like this.

Attached Image (click to enlarge)
Click to Enlarge Name: palpite1.png Size: 72 KB


.
Together we can be strongest
Vantage Return This Month: -97.0%
  • #467,616
  • Nov 3, 2018 8:45am Nov 3, 2018 8:45am
this Q is saying no way without lower, the question is when
last Q is red consolidation ,imo
break lower first rather than higher

This is a very reliable chart
Attached Image (click to enlarge)
Click to Enlarge Name: Q.jpeg Size: 107 KB
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  • #467,617
  • Nov 3, 2018 8:47am Nov 3, 2018 8:47am
yea could stay in that space all Q

Quoting palpite
{quote} How it's 1 consolidation, maybe now the bears are waiting 1 pullback for to push the price down further. So, will be something like this. {image} .
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #467,618
  • Nov 3, 2018 8:54am Nov 3, 2018 8:54am
Quoting Bones
this Q is saying no way without lower, the question is when last Q is red consolidation ,imo break lower first rather than higher This is a very reliable chart {image}
Not had continuation of the movement after the engulfing bearish, so now it need 1 candle bullish for to confirm this point as support.

.
Together we can be strongest
Vantage Return This Month: -97.0%
  • #467,619
  • Nov 3, 2018 3:10pm Nov 3, 2018 3:10pm
engulfing is 2 candle ,
highly reliable especially that tf ,bearish close and upper wick engulf 2 previous
it confirmed because it already broke, the thing I can say without a doubt is it's not going higher anytime soon
if it were to retrace blue next but not big blue ,prob blue within the range of last
all we have to do is wait to end of the year to have a look see if that's right
Attached Image
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  • #467,620
  • Nov 3, 2018 5:09pm Nov 3, 2018 5:09pm
Quoting Bones
engulfing is 2 candle , highly reliable especially that tf ,bearish close and upper wick engulf 2 previous it confirmed because it already broke, the thing I can say without a doubt is it's not going higher anytime soon if it were to retrace blue next but not big blue ,prob blue within the range of last all we have to do is wait to end of the year to have a look see if that's right {image}
Hello mate, my analysis points to me that the down trend has not ended just yet, I still see a clear break of 1.2660 low established in August. The bullish take off is just momentum gathering to break lower. In summary I expect 1.2580 - 1.2600 this November.
Data + Stat + Risk/Emotions Management
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