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Cable Update (GBPUSD)

  • #502,941
  • Nov 8, 2019 6:21am Nov 8, 2019 6:21am
On gbpusd

1. Some traders feel that it will definitely touch 1.3000 and above then it will break 1.2000 again.
2. Some traders looking for 1.2000 directly.
3. Some looking for brexit and political blah blah card games.

These above are current trading scenarios.

My view
TECHNICALLY IF ANY INSTRUMENTS RALLIES OR FALLS 500 TO 800 PIPS IT WILL DEFINITELY GIVE 50 TO 70% Retracement.

Iam looking for 1.2780 to be break today then we may get 1..2840 - 60 wick on next week then low to 1.2400.
Never follow/blame others,Patience is the key skill for Succesfull trading.
  • #502,942
  • Nov 8, 2019 6:32am Nov 8, 2019 6:32am
anything below 2680-2720 won't happen without re-test of 3000-3050 first.
But 3000 won't be surpassed also, at least not until mid December.
due to heavy OI @ 3000 strike (150 bln USD).
  • #502,943
  • Nov 8, 2019 6:34am Nov 8, 2019 6:34am
Quoting sgkrishn
On gbpusd 1. Some traders feel that it will definitely touch 1.3000 and above then it will break 1.2000 again. 2. Some traders looking for 1.2000 directly. 3. Some looking for brexit and political blah blah card games. These above are current trading scenarios. My view TECHNICALLY IF ANY INSTRUMENTS RALLIES OR FALLS 500 TO 800 PIPS IT WILL DEFINITELY GIVE 50 TO 70% Retracement. Iam looking for 1.2780 to be break today then we may get 1..2840 - 60 wick on next week then low to 1.2400.
Month just gone is similar in size to Jan 2018 Bullish candle and we did have the retracement as your predicting. My argument against that is we are actually in a bullish retracement from the bearish trend April 2018 to september 2019
Only time will tell who's right
Guess if it breaks smaller trendline then you'll be right....
Attached Image (click to enlarge)
Click to Enlarge Name: GU Monthly Nov19.png Size: 33 KB
Don't Leave Money on the Table
  • #502,944
  • Nov 8, 2019 6:35am Nov 8, 2019 6:35am
Quoting asgcorp
anything below 2680-2720 won't happen without re-test of 3000-3050 first. But 3000 won't be surpassed also, at least not until mid December. due to heavy OI @ 3000 strike (150 bln USD).
volatility has gone down drastically in this week.

Next week, one can expect big move. Possibly upside as long as 2787/2794 is held.
Intraday only.
  • #502,945
  • Nov 8, 2019 6:40am Nov 8, 2019 6:40am
Quoting navk
my stop is just 2 pips below 2795. Long trades at above 2794 as per my post in Asia. But I may close earlier and may not wait until 2850.
stop now adjusted to 2795.
Intraday only.
  • #502,946
  • Nov 8, 2019 6:43am Nov 8, 2019 6:43am
Quoting navk
{quote} stop now adjusted to 2795.
timberrrr
🗣🗣
just for a cup of coffee...
  • #502,947
  • Nov 8, 2019 6:46am Nov 8, 2019 6:46am
I'm looking @ GU index chart and I know exactly when GU is going to go UP. Too bad no one is covering it in here.
We might get a burst some time next week.
  • #502,948
  • Nov 8, 2019 6:47am Nov 8, 2019 6:47am
5m now LH and LL?
PA Return This Week: -2.2%
  • #502,949
  • Nov 8, 2019 6:49am Nov 8, 2019 6:49am
Quoting akim0895
{quote} timberrrr 🗣🗣
I have to improve in setting stop loss.

Why you are jealous?

Intraday only.
  • #502,950
  • Nov 8, 2019 6:51am Nov 8, 2019 6:51am
Quoting asgcorp
I'm looking @ GU index chart and I know exactly when GU is going to go UP. Too bad no one is covering it in here. We might get a burst some time next week.
Bro a lot of us just don't have your skills....
Don't Leave Money on the Table
  • #502,951
  • Nov 8, 2019 6:53am Nov 8, 2019 6:53am
OK 1.28 to 1.2650
who dares wins
mashFX DSRII Return This Year: na
  • #502,952
  • Nov 8, 2019 6:54am Nov 8, 2019 6:54am
Quoting HaLBot
{quote} Month just gone is similar in size to Jan 2018 Bullish candle and we did have the retracement as your predicting. My argument against that is we are actually in a bullish retracement from the bearish trend April 2018 to september 2019 Only time will tell who's right Guess if it breaks smaller trendline then you'll be right.... {image}

Yes so obvious. But after breaking 1.2000 last month it doesn't stands for even 15mins below the price suddenly it starts to give retracement 100 to 150 pips on daily basis on strong movement to touch the 1.3000. and lot of unexpected events on political sector. These all seems so fishy. These all remains me the 2016 brexit movement's.
Never follow/blame others,Patience is the key skill for Succesfull trading.
  • #502,953
  • Nov 8, 2019 6:57am Nov 8, 2019 6:57am
Quoting navk
{quote} I have to improve in setting stop loss. Why you are jealous?
nope bud..
just for a cup of coffee...
  • #502,954
  • Nov 8, 2019 6:59am Nov 8, 2019 6:59am
Quoting HaLBot
{quote} Bro a lot of us just don't have your skills....
lol. most important skill. you know what it is? Kicked that god damn shill called Roby from this thread and actually from FF.
Otherwise. Can you imagine the thread quality right now?
"Next 8 hours, GU (2400), EU(0800) going to crash, S&P limit down 5%, gold up 10%, based on my neural network and quantum computing".
  • #502,955
  • Nov 8, 2019 7:02am Nov 8, 2019 7:02am
Quoting asgcorp
{quote} lol. most important skill. you know what it is? Kicked that god damn shill called Roby from this thread and actually from FF. Otherwise. Can you imagine the thread quality right now? "Next 8 hours, GU (2400), EU(0800) going to crash, S&P limit down 5%, gold up 10%, based on my neural network and quantum computing".
Don't Leave Money on the Table
  • #502,956
  • Nov 8, 2019 7:05am Nov 8, 2019 7:05am
Quoting asgcorp
{quote} lol. most important skill. you know what it is? Kicked that god damn shill called Roby from this thread and actually from FF. Otherwise. Can you imagine the thread quality right now? "Next 8 hours, GU (2400), EU(0800) going to crash, S&P limit down 5%, gold up 10%, based on my neural network and quantum computing".
for a laf you should check out the profile picture he left behind.
not for the faint hearted lol
in wondering about yourself, you forgot what you came here to be part of
  • #502,957
  • Nov 8, 2019 7:06am Nov 8, 2019 7:06am
Quoting knkie
{quote} for a laf you should check out the profile picture he left behind. not for the faint hearted lol
I know, right? God damn perv.
  • #502,958
  • Nov 8, 2019 7:07am Nov 8, 2019 7:07am
Quoting asgcorp
{quote} I know, right? God damn perv.
lol
i have to say i laffed pretty hard when i saw that
in wondering about yourself, you forgot what you came here to be part of
  • #502,959
  • Nov 8, 2019 7:14am Nov 8, 2019 7:14am
will gu do a double bottom in the diary? or only down? I'm watching behavior, without plans yet.
  • #502,960
  • Nov 8, 2019 7:14am Nov 8, 2019 7:14am
Quoting asgcorp
I'm looking @ GU index chart and I know exactly when GU is going to go UP. Too bad no one is covering it in here. We might get a burst some time next week.
Can you give a hint as to what we need to be looking at?
That way I can learn something...
Don't Leave Money on the Table
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