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Cable Update (GBPUSD)

  • #497,261
  • Oct 10, 2019 12:59pm Oct 10, 2019 12:59pm
Quoting ghitz
{quote} so far, 8990 contained attempt up. lets see if asia has something to say.
Why does it have some to do with asia sir? Any important news is coming?
  • #497,262
  • Oct 10, 2019 1:01pm Oct 10, 2019 1:01pm
Hi Guys,

Was caught napping with the sudden up move. All good. Cheers
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Trade to trade another day
  • #497,263
  • Oct 10, 2019 1:04pm Oct 10, 2019 1:04pm
i think many,many accounts wiped out today
RIP
  • #497,264
  • Oct 10, 2019 1:08pm Oct 10, 2019 1:08pm
Quoting thevisitor
i think many,many accounts wiped out today RIP
for real? I'm glad I don't have greed and grow mine little by little.
  • #497,265
  • Oct 10, 2019 1:33pm Oct 10, 2019 1:33pm
Finally a PIERCING candle
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yes yes yes
  • #497,266
  • Oct 10, 2019 1:41pm Oct 10, 2019 1:41pm
Relaxing sleeping mode but better try 3rd attempt overnight play. Short target goes below 2348, 2323 /2285allok if. Sl goes just abive 2503 and breaks hokd below 2404 to se "be".lets see
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #497,267
  • Oct 10, 2019 2:04pm Oct 10, 2019 2:04pm
See how technical analysis fails to predict market movement.
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MA provides the market's current direction and strength.
  • #497,268
  • Oct 10, 2019 2:10pm Oct 10, 2019 2:10pm
monthly DB looks mighty.
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  • #497,269
  • Oct 10, 2019 2:11pm Oct 10, 2019 2:11pm
read your signature

Quoting hasib
See how technical analysis fails to predict market movement. {image}
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #497,270
  • Oct 10, 2019 2:13pm Oct 10, 2019 2:13pm
no , the safest thing is to lose the shorts until you see a d1
protect your account, it went up 240

Quoting Moty
Finally a PIERCING candle {image} {image}
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #497,271
  • Oct 10, 2019 2:17pm Oct 10, 2019 2:17pm
Quoting hasib
See how technical analysis fails to predict market movement. {image}
a fast move like this is a warning signal..let see 1.25
MY OPINION NOT FINANCIAL ADVISE
  • #497,272
  • Oct 10, 2019 2:18pm Oct 10, 2019 2:18pm
this can go straight to target if conditions are right
don't rely on average ranges waste of time
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #497,273
  • Oct 10, 2019 2:20pm Oct 10, 2019 2:20pm
Quoting Moty
Finally a PIERCING candle {image} {image}
moty u in deep red... get rid of shorts.... go with the flow u will make more....
Extreme gut feeling trader
  • #497,274
  • Oct 10, 2019 2:20pm Oct 10, 2019 2:20pm
Quoting Bones
read your signature {quote}
I know my signature my dear, but we have to accept there is some limitation in technical analysis.
MA provides the market's current direction and strength.
  • #497,275
  • Oct 10, 2019 2:22pm Oct 10, 2019 2:22pm
read it on the fly what do you believe
double top next ?

Quoting Bones
On the fly is a phrase used to describe something that is being changed while the process that the change affects is ongoing.
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Click to Enlarge Name: GBPUSD-Weekly.png Size: 55 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #497,276
  • Oct 10, 2019 2:25pm Oct 10, 2019 2:25pm
Quoting donfriday
{quote} a fast move like this is a warning signal..let see 1.25
1.25 is a good level to watch.
What kind of warning signal you got from this move, can you please explain.
brexit and politics makes gu more sensitive nowadays.
MA provides the market's current direction and strength.
  • #497,277
  • Oct 10, 2019 2:26pm Oct 10, 2019 2:26pm
Quoting hasib
{quote} I know my signature my dear, but we have to accept there is some limitation in technical analysis.
there are some things that are hard to predict.
For instance, right now, although DXY is dead, H4 bull TL is broken, EURUSD is still getting dragged lower?
You know why? Cause of the heavy buying in GU, it's getting impacted via EG dump.

FX is not a linear equation. A lot of variables have to be factored in.
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  • #497,278
  • Oct 10, 2019 2:26pm Oct 10, 2019 2:26pm
todays mode is not safe for me to jump in the long trade yet this month, if the buyers want more buyers they should bring it down if not less strong buyers will still be found...IMO
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MY OPINION NOT FINANCIAL ADVISE
  • #497,279
  • Oct 10, 2019 2:27pm Oct 10, 2019 2:27pm
there isn't the chart knows always
limitations are in ourselves

Quoting hasib
{quote} I know my signature my dear, but we have to accept there is some limitation in technical analysis.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #497,280
  • Oct 10, 2019 2:29pm Oct 10, 2019 2:29pm
Quoting asgcorp
{quote} have you seen the structure I've posted in GBPNZD daily? It's got almost 1000 points upside still. So either NU dumps, or GU pumps, or both. {image}
posted this eons ago. Daily GBPNZD. Still 1000 points upside remaining in GBPNZD.
So what this means for GU - at least 200-350 points upside.
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