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Cable Update (GBPUSD)

  • #503,401
  • Nov 12, 2019 12:47pm Nov 12, 2019 12:47pm
IMHO. Don't float any bigger position on long.
Never follow/blame others,Patience is the key skill for Succesfull trading.
  • #503,402
  • Nov 12, 2019 1:35pm Nov 12, 2019 1:35pm
possible down

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  • #503,403
  • Nov 12, 2019 2:40pm Nov 12, 2019 2:40pm
Quoting donfriday
{quote} my best opinion i wont go long at that level why because that could easily turn a lower high with monday high
Imho boys currently looking for sellers to spike up this lady...
  • #503,404
  • Nov 12, 2019 5:42pm Nov 12, 2019 5:42pm
Okay guys. I'm still new to the FF forums so feedback is appreciated!

Attached Image


I entered the trade badly, now would be a better time to place a short.
However, a break to the upside would mean obvious bullish pressure, thus we can have a very tight SL. Plus, The double top followed by the triangle broken on Friday as well as the 2 consecutive Low-Highs all show a very weak pound! the risk-reward ratio is in favour of a sell.

1.27381 Is TP1 and top of the lower handle. That is where I will hopefully exit the trade and wait for either a bound or a break.
  • #503,405
  • Nov 12, 2019 5:51pm Nov 12, 2019 5:51pm
To theoritic.... Open long 2853.... Sl 2800
  • #503,406
  • Nov 12, 2019 6:00pm Nov 12, 2019 6:00pm
waiting 1.2798 ~ 1.28167 area to long
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #503,407
  • Nov 12, 2019 6:41pm Nov 12, 2019 6:41pm
Quoting thevisitor
{quote} nothing is for sure but i expect 1.2900 min.
I expect the price to go down in London as yesterday, then retrace......
Intraday only.
  • #503,408
  • Nov 12, 2019 6:42pm Nov 12, 2019 6:42pm
Quoting Yngwie
waiting 1.2798 ~ 1.28167 area to long
probably, yes...
Intraday only.
  • #503,409
  • Edited 9:28pm Nov 12, 2019 7:19pm | Edited 9:28pm
Usdx bull still waiting close above 98.25, others ready, eurgbp start bull, gold towards other limit and hold 1452, brent start tanking to come all in line. lets see

Gbpusd ready for both actions, a bull leg to decide or bear to decide!initially 2838 and 2815 intact to break 2854 up. Failure 2815 then to decide at 2770/63.

eurgbp may got a d bottom to play apparently , other levels to pass step by step
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Attached Images
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #503,410
  • Nov 12, 2019 8:09pm Nov 12, 2019 8:09pm
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yes yes yes
  • #503,411
  • Nov 12, 2019 8:56pm Nov 12, 2019 8:56pm
Quoting Moty
{image}
below 2835, only down, and above 2845 only up.

Let us see what happens today.

My idea is totally different than yours.

Keep your fingers crossed.

My idea is to follow the flow and make money and not to predict targets.
Intraday only.
  • #503,412
  • Nov 12, 2019 8:57pm Nov 12, 2019 8:57pm
Quoting MamounDeb
Okay guys. I'm still new to the FF forums so feedback is appreciated! {image} I entered the trade badly, now would be a better time to place a short. However, a break to the upside would mean obvious bullish pressure, thus we can have a very tight SL. Plus, The double top followed by the triangle broken on Friday as well as the 2 consecutive Low-Highs all show a very weak pound! the risk-reward ratio is in favour of a sell. 1.27381 Is TP1 and top of the lower handle. That is where I will hopefully exit the trade and wait for either a bound or a...
Same my view
PA
  • #503,413
  • Nov 12, 2019 9:02pm Nov 12, 2019 9:02pm
Support and resistance is away from the 100 pips Upside and downside

2940 R
2740 S
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  • #503,414
  • Edited 9:53pm Nov 12, 2019 9:37pm | Edited 9:53pm
Quoting Ill-b-back
Hopefully get some good GBP news in 20mins. Get a spike up to resistance, then sell. {image} {image}
With the reaction off the expected zone, and the recent sequence of lower highs and lower lows off 1.3, I'm thinking it will break south.
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Come with me if you want to live....
  • #503,415
  • Edited 10:08pm Nov 12, 2019 9:58pm | Edited 10:08pm
gold not aligned yet , as of likely reaction below 1452 before another limit 1437 but still may tank below 1466 & limit 1479. it can play differently though but if align should boost next!

brent readying , trying 60.50 breaks to tank start
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #503,416
  • Nov 12, 2019 10:13pm Nov 12, 2019 10:13pm
58% GBPUSD lots on FF are now long
Come with me if you want to live....
  • #503,417
  • Nov 12, 2019 10:24pm Nov 12, 2019 10:24pm
Quoting Ill-b-back
58% GBPUSD lots on FF are now long
long short there all places
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #503,418
  • Nov 12, 2019 10:52pm Nov 12, 2019 10:52pm
Price start to support on the 200 ema , good sign for the bulls
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yes yes yes
  • #503,419
  • Nov 12, 2019 10:58pm Nov 12, 2019 10:58pm
Quoting fontu
{quote} long short there all places {image}
I expect a similar PA like yesterday.

Yesterday Daily Candle looks like this.

This means.... either side... but bulls may have more power.

But to achieve daily ADR, the price needs to go down first before pulling up.

I am seeing possible reaction ar daily S1 which is 2819
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Intraday only.
  • #503,420
  • Nov 12, 2019 11:21pm Nov 12, 2019 11:21pm
Quoting Moty
Price start to support on the 200 ema , good sign for the bulls {image}
h4 strong buy on support line.. but still no clear direction
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