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Cable Update (GBPUSD)

  • #501,961
  • Oct 31, 2019 7:45am Oct 31, 2019 7:45am
Quoting Georginson
I expect some month end retracement to 1.2860. There has to be an upper wick on the monthly candle.
3000 and 3100 up next. no wick on monthly, sorry about that.
  • #501,962
  • Oct 31, 2019 7:48am Oct 31, 2019 7:48am
Quoting Georginson
I expect some month end retracement to 1.2860. There has to be an upper wick on the monthly candle.
Wake up dude.... ^_^
  • #501,963
  • Oct 31, 2019 7:51am Oct 31, 2019 7:51am
The mini drop is coming
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MAYBE THE BIGGER ALSO
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yes yes yes
  • #501,964
  • Oct 31, 2019 7:55am Oct 31, 2019 7:55am
Quoting Theoak
might be a bit early, but short in at 1.2960 added to short 1.2970
fully loaded up now 3 short 1.2955
Don't trade what you think. Just what you see!!!
  • #501,965
  • Oct 31, 2019 7:56am Oct 31, 2019 7:56am
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yes yes yes
  • #501,966
  • Oct 31, 2019 8:05am Oct 31, 2019 8:05am
GBPUSD, plan the trade, trade the plan
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  • #501,967
  • Oct 31, 2019 8:10am Oct 31, 2019 8:10am
Th3re will be 60 first then drop.... ^_^
  • #501,968
  • Oct 31, 2019 8:12am Oct 31, 2019 8:12am
Quoting asgcorp
{quote} 3000 and 3100 up next. no wick on monthly, sorry about that.
So basically going into early November Bulls have the upper hand as no sellers are coming in to push it down?
Unless we somehow have a miraculous 200pips freefall over the next 6 hours.....
ATR @ 516...
Don't Leave Money on the Table
  • #501,969
  • Oct 31, 2019 8:13am Oct 31, 2019 8:13am
one can decide the numbers.
Attached Image (click to enlarge)
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Intraday only.
  • #501,970
  • Oct 31, 2019 8:17am Oct 31, 2019 8:17am
Quoting asgcorp
{quote} 3000 and 3100 up next. no wick on monthly, sorry about that.
Time will tell...
Data + Stat + Risk/Emotions Management
  • #501,971
  • Oct 31, 2019 8:18am Oct 31, 2019 8:18am
Quoting NieFenG999
{quote} Wake up dude.... ^_^
I'm surely awake...
Data + Stat + Risk/Emotions Management
  • #501,972
  • Oct 31, 2019 8:24am Oct 31, 2019 8:24am
3013 is weekly resistance and 2787 is daily support.

Current weekly range is 2806 to 2975 which makes 169 pips.

Interesting situation considering weekly resistance at 3013.

But to me, 3013 should break tomorrow.
Intraday only.
  • #501,973
  • Oct 31, 2019 8:29am Oct 31, 2019 8:29am
Quoting Theoak
{quote} fully loaded up now 3 short 1.2955
Time to fall..
Don't trade what you think. Just what you see!!!
  • #501,974
  • Oct 31, 2019 8:38am Oct 31, 2019 8:38am
Quoting HaLBot
{quote} So basically going into early November Bulls have the upper hand as no sellers are coming in to push it down? Unless we somehow have a miraculous 200pips freefall over the next 6 hours..... ATR @ 516...
why sellers should come to push ., even huge amount of profit taking also makes gbp to fall 1.2500
Never follow/blame others,Patience is the key skill for Succesfull trading.
  • #501,975
  • Oct 31, 2019 8:38am Oct 31, 2019 8:38am
no 1.3xxx today .
are you ready ?
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yes yes yes
  • #501,976
  • Oct 31, 2019 8:39am Oct 31, 2019 8:39am
so far played above LO , better test below it as it sharp sloped up , price h1 close below 2954, tl breaks 2949, signal 2933 again , conformation 2914 to go for primary target limit 2904 & next target 2866. lets see
Attached Image (click to enlarge)
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #501,977
  • Oct 31, 2019 8:51am Oct 31, 2019 8:51am
Quoting sgkrishn
{quote} why sellers should come to push ., even huge amount of profit taking also makes gbp to fall 1.2500
sgkrishn, the poor EU numbers will be enough to take the pound down with it... 0.2 percent GDP growth in the last 3 months.
Charts don't drive price, market conditions drive price...
  • #501,978
  • Oct 31, 2019 9:02am Oct 31, 2019 9:02am
my broker is xm and i cant find dollar index...
  • #501,979
  • Oct 31, 2019 9:05am Oct 31, 2019 9:05am
Quoting Moty
no 1.3xxx today . are you ready ? {image}
Ready bro
  • #501,980
  • Oct 31, 2019 9:08am Oct 31, 2019 9:08am
Quoting Cyrusjoy
my broker is xm and i cant find dollar index...
Right click market watch, symbols, look under CFD Future.
Charts don't drive price, market conditions drive price...
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