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Cable Update (GBPUSD)

  • #499,681
  • Oct 20, 2019 1:09pm Oct 20, 2019 1:09pm
ig are right it will gap down
BTW I also doubt many people in this room ever hit the open market ,unless you have very high postions,so no-one is hunting you
You're trading with the broker on the actual feed.
Those statistics probably work due to most are wrong ,but not that the banks care a less where your mini lot is
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2019-10-20 at 19.06.34.png Size: 108 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #499,682
  • Oct 20, 2019 1:21pm Oct 20, 2019 1:21pm
( i wont do that shit) whatever do is ur, go 4 it ( no one know Yet )
  • #499,683
  • Oct 20, 2019 1:23pm Oct 20, 2019 1:23pm
there will not be any giant gap at all
  • #499,684
  • Oct 20, 2019 1:29pm Oct 20, 2019 1:29pm
guys Assume market is opening at price 1.2785 or 1.2850. now tell me the scenario

1. Will the price touches 1.3000 to 1.3015 then along the way to 1.2500

2. or the price just leave the gap as it is and touches the 1.2500 then after 31st oct it will go high ??

Suggestions Please..
Never follow/blame others,Patience is the key skill for Succesfull trading.
  • #499,685
  • Oct 20, 2019 1:30pm Oct 20, 2019 1:30pm
Quoting Bones
I think we can see 1.32 ,but its super extended latest news tomorrow may not be about the agreement vote but an amendment refused to break this candle or any for that matter If it were red like the other pic in my post ,def would have been good enough , {quote} {image}
possible...completion of bearish bat pattern with very narrow PRZ @ 1.3204-22 still in play.
Attached Image (click to enlarge)
Click to Enlarge Name: GU10.18.daily.EOW.b.png Size: 121 KB
Always trade your own plan...I don't provide trading signals.
  • #499,686
  • Oct 20, 2019 1:33pm Oct 20, 2019 1:33pm
the timing, is that important ?If you draw that, your looking price to hit around d ?

Quoting Coreg2004
{quote} possible...completion of bearish bat pattern with very narrow PRZ @ 1.3204-22 still in play. {image}
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #499,687
  • Oct 20, 2019 1:37pm Oct 20, 2019 1:37pm
Quoting Bones
the timing, is that important ?If you draw that, your looking price to hit around d ? {quote}
genius. if the bat formation is right the pattern should ends @ 1.3000.
Never follow/blame others,Patience is the key skill for Succesfull trading.
  • #499,688
  • Oct 20, 2019 1:42pm Oct 20, 2019 1:42pm
Quoting Bones
ig are right it will gap down BTW I also doubt many people in this room ever hit the open market ,unless you have very high postions,so no-one is hunting you You're trading with the broker on the actual feed. Those statistics probably work due to most are wrong ,but not that the banks care a less where your mini lot is {image}
You talk about banks not caring about mini lots.. which is true, as 90%+ of traders in here will be on the brokers "B" book, meaning your trades never really make it to the real market at all
?
  • #499,689
  • Oct 20, 2019 1:45pm Oct 20, 2019 1:45pm
https://www.forexlive.com/news/!/mon...-2019-20191020
It's opened lower by 50 pips 1.292
  • #499,690
  • Oct 20, 2019 1:47pm Oct 20, 2019 1:47pm
Quoting Bones
the timing, is that important ?If you draw that, your looking price to hit around d ? {quote}
Bones, usually, both legs AB and CD are equal in time, so minimum time for reversal is around 10.25 (+/- one day, leg AB 13 days, leg CD as of now 8 days) but this is a theory which very often plays out.
Always trade your own plan...I don't provide trading signals.
  • #499,691
  • Oct 20, 2019 2:06pm Oct 20, 2019 2:06pm
All the noise was for that ???
Attached Image (click to enlarge)
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yes yes yes
  • #499,692
  • Oct 20, 2019 2:07pm Oct 20, 2019 2:07pm
yea ,I don't believe some say are ECN.A broker will sieve winners and losers surely as there's good money to be made that way ,
Maybe they hedge out with the actual market on a large retail order.

Quoting HRTrading
{quote} You talk about banks not caring about mini lots.. which is true, as 90%+ of traders in here will be on the brokers "B" book, meaning your trades never really make it to the real market at all
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #499,693
  • Oct 20, 2019 2:22pm Oct 20, 2019 2:22pm
so...
3 weeks and then 3 weeks ? 25th suits me

Quoting Coreg2004
{quote} possible...completion of bearish bat pattern with very narrow PRZ @ 1.3204-22 still in play. {image}
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD-Weekly.png Size: 53 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #499,694
  • Oct 20, 2019 2:32pm Oct 20, 2019 2:32pm
90 minutes left for market open

do not trade till JPY open at least

should open at 1.29
  • #499,695
  • Oct 20, 2019 2:36pm Oct 20, 2019 2:36pm
what a come back over the weekend !
at this rate it might even gap up at the open lol
in wondering about yourself, you forgot what you came here to be part of
  • #499,696
  • Oct 20, 2019 2:38pm Oct 20, 2019 2:38pm
Quoting knkie
what a come back over the weekend ! at this rate it might even gap up at the open lol

I hope so I have 1 billion lots long 😂

Its only 20 point gap .. nothing . Those poor sods selling at 850 on Friday are still under water at open
Blogging daily now at www.volume.zone
  • #499,697
  • Oct 20, 2019 2:39pm Oct 20, 2019 2:39pm
https://www.forexlive.com/LiveCharts...mbol=FX:GBPUSD
  • #499,698
  • Oct 20, 2019 2:42pm Oct 20, 2019 2:42pm
cable trading @ about 1.2935 atm
  • #499,699
  • Oct 20, 2019 2:44pm Oct 20, 2019 2:44pm
Quoting malcolmb14
{quote} I hope so I have 1 billion lots long Its only 20 point gap .. nothing . Those poor sods selling at 850 on Friday are still under water at open
its getting volatile just before the open.
could be a big swing day.
in wondering about yourself, you forgot what you came here to be part of
  • #499,700
  • Oct 20, 2019 2:45pm Oct 20, 2019 2:45pm
Quoting MXT
cable trading @ about 1.2935 atm
it just dropped fast on IG in the last hour mxt...
https://www.ig.com/en/indices/market...ekend%20GBPUSD
in wondering about yourself, you forgot what you came here to be part of
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