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Cable Update (GBPUSD)

  • #503,221
  • Nov 11, 2019 5:27am Nov 11, 2019 5:27am
It takes days or week to see better changes

1 friday candle didnt give enough reversal even if today close bullish it wont be called engulf

2 descending chanel on 1hr is intact

3 weekly may retest 1.29 and drop down to 1.27 and 1.25 because dax want to revisit 99.00

trade your chart
MY OPINION NOT FINANCIAL ADVISE
  • #503,222
  • Nov 11, 2019 5:40am Nov 11, 2019 5:40am
short 1.2827

last trade for today
have to buy a new washing machine
  • #503,223
  • Nov 11, 2019 5:48am Nov 11, 2019 5:48am
Quoting Georginson
Perfectly positioned now for a sell, target 1.2700/1.2680... Stop at 1.2875. Caution and discretion please. Stay green!
Why hasn't it closed the gap yet? ☻
  • #503,224
  • Nov 11, 2019 5:50am Nov 11, 2019 5:50am
Quoting Tekin
i will try buy if it drops to 1.2775 area for 1.30

before testing the gap it went up incase of all bad data so i tried sell from above
  • #503,225
  • Nov 11, 2019 5:51am Nov 11, 2019 5:51am
Quoting stillbroke10
{quote} Why hasn't it closed the gap yet? ☻
My understanding is a gap does not need to be closed immediately...
Also you have to remember who drives forex price in any direction and why is Cable being bought just now?
Don't Leave Money on the Table
  • #503,226
  • Nov 11, 2019 5:56am Nov 11, 2019 5:56am
Quoting thevisitor
short 1.2827 last trade for today have to buy a new washing machine
I recently bought out of last month profit.

Intraday only.
  • #503,227
  • Nov 11, 2019 5:57am Nov 11, 2019 5:57am
Quoting HaLBot
{quote} My understanding is a gap does not need to be closed immediately...
be cautious
Attached Image
in wondering about yourself, you forgot what you came here to be part of
  • #503,228
  • Nov 11, 2019 5:59am Nov 11, 2019 5:59am
Quoting navk
{quote} I recently bought out of last month profit.
You must have bought a Miele
  • #503,229
  • Nov 11, 2019 6:04am Nov 11, 2019 6:04am
Ignore the Aud/Usd data in left hand corner...
Blue line 50sma, dotted line 20sma and it's turning around but may not get above 50 and if so then more southerly direction. Get above 50sma, stay there and it's a northerly bias...
Attached Image (click to enlarge)
Click to Enlarge Name: GU H1 11Nov19.png Size: 49 KB
Don't Leave Money on the Table
  • #503,230
  • Nov 11, 2019 6:09am Nov 11, 2019 6:09am
What did I miss?

price is going nuts
  • #503,231
  • Nov 11, 2019 6:09am Nov 11, 2019 6:09am
Loving todays action, woww!!
I play the trade gamble to feed my Porsche addiction.
  • #503,232
  • Nov 11, 2019 6:09am Nov 11, 2019 6:09am
Quoting OnlineAddict
Expecting a bullish GU on monday...and possibly beyond. Minimum target 2850 and then we will see if it continues above or goes further down.
And done, that was quick.
Everyone can see the chart, but only a few can actually read it.
  • #503,233
  • Nov 11, 2019 6:14am Nov 11, 2019 6:14am
i am waiting for weakness when i see it i will short it arround 1.29 350pips target 100pips sl
MY OPINION NOT FINANCIAL ADVISE
  • #503,234
  • Nov 11, 2019 6:14am Nov 11, 2019 6:14am
brexit news on the wires again
  • #503,235
  • Nov 11, 2019 6:14am Nov 11, 2019 6:14am
Wow, hope all the bears had SL's, this is in slaughter mode.
I play the trade gamble to feed my Porsche addiction.
  • #503,236
  • Nov 11, 2019 6:16am Nov 11, 2019 6:16am
Quoting MXT
brexit news on the wires again
The reason...

https://www.forexlive.com/news/!/nig...ction-20191111

and the smart money just happened to be buying into that spike....
Don't Leave Money on the Table
  • #503,237
  • Nov 11, 2019 6:17am Nov 11, 2019 6:17am
It's called.....FLUSH THE SHORTS DOWN THE TOILET.
Lost....
  • #503,238
  • Nov 11, 2019 6:19am Nov 11, 2019 6:19am
Quoting M3csl
Wow, hope all the bears had SL's, this is in slaughter mode.


let not little move take u off ur plans.

dow jones have not opened yet it will in over 1hr from now.
MY OPINION NOT FINANCIAL ADVISE
  • #503,239
  • Nov 11, 2019 6:20am Nov 11, 2019 6:20am
Quoting donfriday
It takes days or week to see better changes 1 friday candle didnt give enough reversal even if today close bullish it wont be called engulf 2 descending chanel on 1hr is intact 3 weekly may retest 1.29 and drop down to 1.27 and 1.25 because dax want to revisit 99.00 trade your chart

well expected..
MY OPINION NOT FINANCIAL ADVISE
  • #503,240
  • Nov 11, 2019 6:20am Nov 11, 2019 6:20am
Short on 2885 and 2890.... sl 2905 tp 2825
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