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Cable Update (GBPUSD)

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  • Post #503,221
  • Quote
  • Nov 11, 2019 6:23am Nov 11, 2019 6:23am
  •  thevisitor
  • Joined Sep 2019 | Status: Member | 1,225 Posts
Quoting HaLBot
Disliked
Cable being bought across the board right now....
Ignored
Yes, caution..
 
1
  • Post #503,222
  • Quote
  • Nov 11, 2019 6:27am Nov 11, 2019 6:27am
  •  donfriday
  • Joined Jan 2009 | Status: WHO AM I €&$ ? | 6,790 Posts | Invisible
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
I NEVER LOSE/=I EITHER WIN OR LEARN
 
1
  • Post #503,223
  • Quote
  • Nov 11, 2019 6:40am Nov 11, 2019 6:40am
  •  thevisitor
  • Joined Sep 2019 | Status: Member | 1,225 Posts
short 1.2827

last trade for today
have to buy a new washing machine
 
1
  • Post #503,224
  • Quote
  • Nov 11, 2019 6:48am Nov 11, 2019 6:48am
  •  stillbroke10
  • | Joined Oct 2019 | Status: Member | 311 Posts
Quoting Georginson
Disliked
Perfectly positioned now for a sell, target 1.2700/1.2680... Stop at 1.2875. Caution and discretion please. Stay green!
Ignored
Why hasn't it closed the gap yet? ☻
 
 
  • Post #503,225
  • Quote
  • Nov 11, 2019 6:50am Nov 11, 2019 6:50am
  •  Tekin
  • Joined Jul 2018 | Status: Member | 1,333 Posts
Quoting Tekin
Disliked
i will try buy if it drops to 1.2775 area for 1.30
Ignored

before testing the gap it went up incase of all bad data so i tried sell from above
 
 
  • Post #503,226
  • Quote
  • Nov 11, 2019 6:51am Nov 11, 2019 6:51am
  •  HaLBot
  • Joined Jan 2016 | Status: Member | 3,313 Posts
Quoting stillbroke10
Disliked
{quote} Why hasn't it closed the gap yet? ☻
Ignored
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?
 
 
  • Post #503,227
  • Quote
  • Nov 11, 2019 6:56am Nov 11, 2019 6:56am
  •  navk
  • Joined Oct 2010 | Status: Trader | 13,563 Posts
Quoting thevisitor
Disliked
short 1.2827 last trade for today have to buy a new washing machine
Ignored
I recently bought out of last month profit.

Intraday only.
 
2
  • Post #503,228
  • Quote
  • Nov 11, 2019 6:57am Nov 11, 2019 6:57am
  •  knkie
  • Joined Apr 2012 | Status: Member | 5,649 Posts
Quoting HaLBot
Disliked
{quote} My understanding is a gap does not need to be closed immediately...
Ignored
be cautious
Attached Image
in wondering about yourself, you forgot what you came here to be part of
 
 
  • Post #503,229
  • Quote
  • Nov 11, 2019 6:59am Nov 11, 2019 6:59am
  •  avpcap
  • | Joined Oct 2019 | Status: Member | 278 Posts
Quoting navk
Disliked
{quote} I recently bought out of last month profit.
Ignored
You must have bought a Miele
 
 
  • Post #503,230
  • Quote
  • Nov 11, 2019 7:04am Nov 11, 2019 7:04am
  •  HaLBot
  • Joined Jan 2016 | Status: Member | 3,313 Posts
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
 
 
  • Post #503,231
  • Quote
  • Nov 11, 2019 7:09am Nov 11, 2019 7:09am
  •  Striped
  • | Joined Jul 2019 | Status: Member | 39 Posts
What did I miss?

price is going nuts
 
 
  • Post #503,232
  • Quote
  • Nov 11, 2019 7:09am Nov 11, 2019 7:09am
  •  M3csl
  • | Joined Feb 2018 | Status: Member | 597 Posts
Loving todays action, woww!!
I play the trade gamble to feed my Porsche addiction.
 
 
  • Post #503,233
  • Quote
  • Nov 11, 2019 7:09am Nov 11, 2019 7:09am
  •  OnlineAddict
  • Joined May 2014 | Status: Veteran | 8,508 Posts
Quoting OnlineAddict
Disliked
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.
Ignored
And done, that was quick.
Everyone can see the chart, but only a few can actually read it.
 
2
  • Post #503,234
  • Quote
  • Nov 11, 2019 7:14am Nov 11, 2019 7:14am
  •  donfriday
  • Joined Jan 2009 | Status: WHO AM I €&$ ? | 6,790 Posts | Invisible
i am waiting for weakness when i see it i will short it arround 1.29 350pips target 100pips sl
I NEVER LOSE/=I EITHER WIN OR LEARN
 
 
  • Post #503,235
  • Quote
  • Nov 11, 2019 7:14am Nov 11, 2019 7:14am
  •  MXT
  • Joined Dec 2005 | Status: Member | 2,851 Posts
brexit news on the wires again
 
1
  • Post #503,236
  • Quote
  • Nov 11, 2019 7:14am Nov 11, 2019 7:14am
  •  M3csl
  • | Joined Feb 2018 | Status: Member | 597 Posts
Wow, hope all the bears had SL's, this is in slaughter mode.
I play the trade gamble to feed my Porsche addiction.
 
 
  • Post #503,237
  • Quote
  • Nov 11, 2019 7:16am Nov 11, 2019 7:16am
  •  HaLBot
  • Joined Jan 2016 | Status: Member | 3,313 Posts
Quoting MXT
Disliked
brexit news on the wires again
Ignored
The reason...

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

and the smart money just happened to be buying into that spike....
 
1
  • Post #503,238
  • Quote
  • Nov 11, 2019 7:17am Nov 11, 2019 7:17am
  •  gespiri
  • Joined Oct 2011 | Status: Lost.... | 2,158 Posts | Invisible
It's called.....FLUSH THE SHORTS DOWN THE TOILET.
Lost....
 
 
  • Post #503,239
  • Quote
  • Nov 11, 2019 7:19am Nov 11, 2019 7:19am
  •  donfriday
  • Joined Jan 2009 | Status: WHO AM I €&$ ? | 6,790 Posts | Invisible
Quoting M3csl
Disliked
Wow, hope all the bears had SL's, this is in slaughter mode.
Ignored


let not little move take u off ur plans.

dow jones have not opened yet it will in over 1hr from now.
I NEVER LOSE/=I EITHER WIN OR LEARN
 
 
  • Post #503,240
  • Quote
  • Nov 11, 2019 7:20am Nov 11, 2019 7:20am
  •  donfriday
  • Joined Jan 2009 | Status: WHO AM I €&$ ? | 6,790 Posts | Invisible
Quoting donfriday
Disliked
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
Ignored

well expected..
I NEVER LOSE/=I EITHER WIN OR LEARN
 
 
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