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Cable Update (GBPUSD)

  • #502,021
  • Oct 31, 2019 1:38pm Oct 31, 2019 1:38pm
Quoting khalid33
{quote} please calm down with your .01 lot im shorting from 1.30 and this was the chart i posted that time .. if u see 1.28 achieved and 1.2970 achieved today as anticipated on my chart below and now waiting for 1.24 - 1.22 {image}
Perhaps you could direct us to where you first posted this chart. All I remember hearing from you for the past 2 weeks is something like, whoosh, we are going to 1.22...

A bit like Robbie...
Come with me if you want to live....
  • #502,022
  • Oct 31, 2019 1:46pm Oct 31, 2019 1:46pm
Quoting khalid33
The expected scenario {image}
Ok found it.
Come with me if you want to live....
  • #502,023
  • Oct 31, 2019 1:57pm Oct 31, 2019 1:57pm
Quoting Ill-b-back
{quote} Ok found it.
cool
  • #502,024
  • Oct 31, 2019 2:22pm Oct 31, 2019 2:22pm
Quoting Theoak
{quote} Time to fall..
Bingo bongo
Don't trade what you think. Just what you see!!!
  • #502,025
  • Oct 31, 2019 2:31pm Oct 31, 2019 2:31pm
Quoting knkie
{quote} it might jump from here 2938......


Here we go
in wondering about yourself, you forgot what you came here to be part of
  • #502,026
  • Oct 31, 2019 2:36pm Oct 31, 2019 2:36pm
Attached Image (click to enlarge)
Click to Enlarge Name: GU10.31.5M.png Size: 76 KB
Always trade your own plan...I don't provide trading signals.
  • #502,027
  • Oct 31, 2019 2:36pm Oct 31, 2019 2:36pm
88% of lots still short...
https://www.forexfactory.com/trades.php
Come with me if you want to live....
  • #502,028
  • Oct 31, 2019 3:24pm Oct 31, 2019 3:24pm
up move coming , just a matter of time

could be tomorrow , could be next week

let the bears pile up on shorts , the bull is coming , 1.3100 - 1.3200

ps : this is a 2 week call , no intraday signal
  • #502,029
  • Oct 31, 2019 4:19pm Oct 31, 2019 4:19pm
Quoting Coreg2004
{image}
personally i don't using fibo
for me its crap..too many lines..in hindsight it might work..
your counting is very good
respect!!
  • #502,030
  • Oct 31, 2019 4:33pm Oct 31, 2019 4:33pm
Quoting Ill-b-back
88% of lots still short... https://www.forexfactory.com/trades.php
Above 50%, it goes mostly against retail, above 70% it slows down and above 80% it turns most of the time. Thats when retailers give up on their positions and enter counter trades. Now I expect it to retrace down...because "everyone" gave up on shorts and is frustrated and opening longs. And watch how retail longs will grow...and again longs will be 70-80% before the drop stops.

So GU down from 2955 and EG up from 8600. Targets 2700 and 8800.
Everyone can see the chart, but only a few can actually read it.
  • #502,031
  • Oct 31, 2019 5:19pm Oct 31, 2019 5:19pm
Quoting Coreg2004
{image}

Good call my friend,

I see something similar in the,
AUD/USD
NZD/USD
As well.
  • #502,032
  • Oct 31, 2019 5:23pm Oct 31, 2019 5:23pm
Quoting OnlineAddict
{quote} Above 50%, it goes mostly against retail, above 70% it slows down and above 80% it turns most of the time. Thats when retailers give up on their positions and enter counter trades. Now I expect it to retrace down...because "everyone" gave up on shorts and is frustrated and opening longs. And watch how retail longs will grow...and again longs will be 70-80% before the drop stops. So GU down from 2955 and EG up from 8600. Targets 2700 and 8800.
I'll believe it when I see it.
The number of lots short is now down to 71%, so maybe a sign as you say.
Come with me if you want to live....
  • #502,033
  • Oct 31, 2019 5:41pm Oct 31, 2019 5:41pm
in about 40 days we ' ll have a new parliament , some are giving pro brexit parties a slight majority , we ' ll see

main thing , that this would finally end this infinite loop and deadlock , but never say never
  • #502,034
  • Edited 6:54pm Oct 31, 2019 6:35pm | Edited 6:54pm
it might be down max 1.291 for me base on support and trend , so i'll take long there
never ever let ur ego take control !
  • #502,035
  • Oct 31, 2019 8:09pm Oct 31, 2019 8:09pm
Quoting Ill-b-back
1 cheeky and 1 not so cheeky entry A retrace/retest area below. {image}
There are now 3-4 bullish tails off the TL retest, with the latest being a bullish hammer (NY time candles).
Retail shorts have also shot back up to 88% (from 71%) after this little Cable jump, so bears are showing no signs of giving up yet...
Come with me if you want to live....
  • #502,036
  • Oct 31, 2019 8:44pm Oct 31, 2019 8:44pm
the price could be bearish today below 2976
Intraday only.
  • #502,037
  • Oct 31, 2019 8:48pm Oct 31, 2019 8:48pm
Its time for short trend
Attached Image (click to enlarge)
Click to Enlarge Name: GU_M30.png Size: 59 KB
  • #502,038
  • Oct 31, 2019 8:57pm Oct 31, 2019 8:57pm
Bears, bears, bears....wakey wakey.

What is bearish about this chart? The bulls keep hitting the target without fail?
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 66 KB
  • #502,039
  • Oct 31, 2019 9:03pm Oct 31, 2019 9:03pm
Quoting thevisitor
{quote} personally i don't using fibo for me its crap..too many lines..in hindsight it might work.. your counting is very good respect!!
TV thanks, ...Agree that Dow Theory and a few horizontal and diagonal lines would do the same trick but we humans like to complicate things. ...My zones are set in advance please check my posting in EUR/AUD from May/June. Below is the same 5M chart I posted earlier without Fibonacci levels. I use them because my methods of trading (range, EW and HP) are based on fib. relationships between swings...Good luck with your trading.
Attached Image (click to enlarge)
Click to Enlarge Name: GU10.31.5M.linechart.png Size: 107 KB
Always trade your own plan...I don't provide trading signals.
  • #502,040
  • Oct 31, 2019 9:05pm Oct 31, 2019 9:05pm
Quoting navk
the price could be bearish today below 2976
Thats why im in at short with a tight sl.
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