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Cable Update (GBPUSD)

  • #501,361
  • Oct 28, 2019 6:44am Oct 28, 2019 6:44am
Quoting ZenNy
{quote} "there is time to go long, time to go short and time to go fishing"....
His magnificent! Jesse Laurister Livermore.
It is all about the foreign exchange market.
  • #501,362
  • Oct 28, 2019 6:54am Oct 28, 2019 6:54am
Quoting efelexy
{quote} his magnificent! Jesse laurister livermore.

"the human side of every person is the greatest enemy of the average investor or speculator"
trading is simple but is simple is not easy.
  • #501,363
  • Oct 28, 2019 6:55am Oct 28, 2019 6:55am
from my point of view traders pay too much attention on USDX!!
i dont look at it when iam trading..

here are the weights:

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  • #501,364
  • Oct 28, 2019 7:00am Oct 28, 2019 7:00am
Quoting thevisitor
from my point of view traders pay too much attention on USDX!! i dont look at it when iam trading.. here are the weights: {image}
true. GBPLFX (GU index) is a much more appropriate measure of GU strength.

So far GLFX H1 pa is locked in CZ.
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  • #501,365
  • Oct 28, 2019 7:06am Oct 28, 2019 7:06am
Quoting asgcorp
SSI data is mixed, but myfx is NET short, one of the arguments that bulls still got left in play. {image}
It's time to go long .
75% of the traders are short
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yes yes yes
  • #501,366
  • Oct 28, 2019 7:08am Oct 28, 2019 7:08am
Quoting Moty
{quote} It's time to go long . 75% of the traders are short
maybe you are right. but news/data can override any TA. So I will wait for data and check the market reaction later today
before taking up any positions.
  • #501,367
  • Oct 28, 2019 7:19am Oct 28, 2019 7:19am
Quoting asgcorp
{quote} it is a nice setup, yes. fixed it for you. ))) {image}
It's not broken my Friend.
But it will break .. up
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yes yes yes
  • #501,368
  • Oct 28, 2019 7:40am Oct 28, 2019 7:40am
Quoting thevisitor
from my point of view traders pay too much attention on USDX!! i dont look at it when iam trading.. here are the weights: {image}
I have never usdx chart. I just look at posts here. That is all.

I make money on regular basis. All smart money. Little technical, little analysis.
Intraday only.
  • #501,369
  • Oct 28, 2019 8:04am Oct 28, 2019 8:04am
Attached Image (click to enlarge)
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Attached Image (click to enlarge)
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yes yes yes
  • #501,370
  • Oct 28, 2019 8:51am Oct 28, 2019 8:51am
closed my longs.

After that 550 + loss due to accidental 12 lot trade, this result is far more satisfying.
Attached Image (click to enlarge)
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Intraday only.
  • #501,371
  • Oct 28, 2019 8:54am Oct 28, 2019 8:54am
Quoting navk
closed my longs. After that 550 + loss due to accidental 12 lot trade, this result is far more satisfying. {image}

sorry about that, omg thats huge mistake
MY OPINION NOT FINANCIAL ADVISE
  • #501,372
  • Oct 28, 2019 8:55am Oct 28, 2019 8:55am
Quoting donfriday
{quote} sorry about that, omg thats huge mistake
yeah, huge huge mistake
Intraday only.
  • #501,373
  • Oct 28, 2019 9:02am Oct 28, 2019 9:02am
Attached Image (click to enlarge)
Click to Enlarge Name: dx.png Size: 63 KB
yes yes yes
  • #501,374
  • Oct 28, 2019 9:07am Oct 28, 2019 9:07am
Still hold short for a huge target 2800.

my short on 2850... sl 2885
  • #501,375
  • Oct 28, 2019 9:22am Oct 28, 2019 9:22am
Quoting NieFenG999
Still hold short for a huge target 2800. my short on 2850... sl 2885
Stay green.
  • #501,376
  • Oct 28, 2019 9:22am Oct 28, 2019 9:22am
they want to close october candle very bullish and november may come down to 1.27 and 1.25

i see gu going 1.32 this week before we drop
MY OPINION NOT FINANCIAL ADVISE
  • #501,377
  • Oct 28, 2019 9:25am Oct 28, 2019 9:25am
Quoting Moty
{image}

make a profile for gu, eg and dax
MY OPINION NOT FINANCIAL ADVISE
  • #501,378
  • Oct 28, 2019 9:27am Oct 28, 2019 9:27am
Quoting knkie
{quote} 2830 pink line its a strong level... broke 1 time and back. If it double crosses it falls. {image}
Your tf? H1? Or H4? D1?

Im not marker maker but. I think this week is long
  • #501,379
  • Oct 28, 2019 9:29am Oct 28, 2019 9:29am
Busy today, no analysis.

Gambling short here though. Low 28's tp
I play the trade gamble to feed my Porsche addiction.
  • #501,380
  • Oct 28, 2019 9:30am Oct 28, 2019 9:30am
October for short and november for long.... dealll....

hahaha....
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