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Cable Update (GBPUSD)

  • #504,221
  • Edited 3:51am Nov 24, 2019 3:37am | Edited 3:51am
Now i think if look previous high it can go to mA 50 daily after to top.look previous high of Gu. Only possible scenario.
  • #504,222
  • Nov 24, 2019 4:07am Nov 24, 2019 4:07am
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  • #504,223
  • Nov 24, 2019 5:49am Nov 24, 2019 5:49am
Nothing here yet to suggest a long term short. The average continues to climb and price is holding within a 250 pip range. Price looks more inclined to bounce long.
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  • #504,224
  • Nov 24, 2019 6:22am Nov 24, 2019 6:22am
még nincs meghatározott irány.
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  • #504,225
  • Nov 24, 2019 6:34am Nov 24, 2019 6:34am
Quoting tiborf71
még nincs meghatározott irány. {image}
I'm sorry. gbpaud
be green
  • #504,226
  • Nov 24, 2019 8:48am Nov 24, 2019 8:48am
I don't know why traders look so much at the big picture and miss whats happening in real time. Price will probably look to hunt the stops above or below current price. That's 7 pips up or 4 Pips down.
Which Way?

I trade when I see an inbalance of price that moves in an unlikely way.
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Trading thin liquidity at the boundary of the charts
  • #504,227
  • Nov 24, 2019 12:52pm Nov 24, 2019 12:52pm
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yes yes yes
  • #504,228
  • Nov 24, 2019 1:42pm Nov 24, 2019 1:42pm
Seems the pair opens with a gap High 25 to 30 pips!!
  • #504,229
  • Nov 24, 2019 2:04pm Nov 24, 2019 2:04pm
Quoting montygoldy
{quote} Usually when i am sure about trade... then margin call is my stop loss ... when i am losing faith in a trade... then i usually close it ... no matter how much is the loss
tyty
  • #504,230
  • Nov 24, 2019 2:16pm Nov 24, 2019 2:16pm
Price from January-Now 2019

Red Trendline goes back for yearsssssss.
Long term. Down
Mid term some volatility come December-January
Short term: High probability we hit 2770 price. Moty's chart shows my short term bias.

Daily chart goes back to March 2008. So this is an interesting point. i'd tread cautiously on long term Bullish, this is a highly respected TL.
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  • #504,231
  • Nov 24, 2019 2:16pm Nov 24, 2019 2:16pm
looks like i am going to get out without a loss from my bad long trade that i took at the end of friday trading day.
entry was 1.28450
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yes yes yes
  • #504,232
  • Nov 24, 2019 3:00pm Nov 24, 2019 3:00pm
Quoting Dr.Zain
Seems the pair opens with a gap High 25 to 30 pips!!
Correct

1.2855 or above to open.
Nice stop hunt Respect !!!

Ofcourse I'm going to sell and wait in the sweet promised land 1.2750

Ohhhhhh guys,
If you see Onlinus, ask when 1.45
LOL
Beware of robber banks (RB), bad advisors.
  • #504,233
  • Nov 24, 2019 3:58pm Nov 24, 2019 3:58pm
Gonna short as soon as the market opens! ��

In at 1.2855
  • #504,234
  • Nov 24, 2019 4:04pm Nov 24, 2019 4:04pm
I am bearish GBPUSD. Here's why.

The daily time frame shows a bearish impulse while recent price action is within a corrective phase. Presently, price action is located at the 1.28190 horizontal support area, where we may have a sideways of price action before a bearish continuation. Technically, a breakdown of the pennant (blue) seen on the weekly time frame is in the offing and a bearish bias on the GBPUSD seems to be supported. I am bearish GBPUSD.

I may be wrong. Trade safe and prosper.

KP

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Do your homework, follow the footprints of smart money
  • #504,235
  • Nov 24, 2019 7:49pm Nov 24, 2019 7:49pm
Attached Image (click to enlarge)
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yes yes yes
  • #504,236
  • Nov 24, 2019 8:25pm Nov 24, 2019 8:25pm
Quoting montygoldy
{quote} Here it is ..... complete rednesss but already daily target hit {image} {image}
Here we go all tp hit for friday 3k red trades....
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Extreme gut feeling trader
  • #504,237
  • Edited 9:25pm Nov 24, 2019 9:07pm | Edited 9:25pm
So gap up and not reached level of interest yet but blind short start at first view. Gj and gbpchf reached the level to correct down to bottom or new lows/fill gap. Usdx also gap down to fill and little bull continue before a correction next may to see.
So looking for new lows and highs in usdx , typical monday flat with good ranges possible. Take care
Gold short kept weekend to keep till 1446 to see, 1437 limit there.new lows may there too!
Attached Images
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #504,238
  • Nov 24, 2019 11:05pm Nov 24, 2019 11:05pm
Currently open pound shorts.....
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Extreme gut feeling trader
  • #504,239
  • Nov 24, 2019 11:38pm Nov 24, 2019 11:38pm
critical point for cable. h1 reversed head and shoulder should target 1.2817 generally 10 more pips 1.2807. but daily candle opens with a north gap so watching is better today. because there is no significant data. maybe several days only scalping who knows. if daily starts to climb then an upside rally can occur this week too. confused
  • #504,240
  • Nov 24, 2019 11:43pm Nov 24, 2019 11:43pm
Quoting Tekin
critical point for cable. h1 reversed head and shoulder should target 1.2817 generally 10 more pips 1.2807. but daily candle opens with a north gap so watching is better today. because there is no significant data. maybe several days only scalping who knows. if daily starts to climb then an upside rally can occur this week too. confused
dejavu???
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