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Cable Update (GBPUSD)

  • #504,301
  • Nov 25, 2019 7:36am Nov 25, 2019 7:36am
I don't know where you guys get the idea of a short from.

On the 1 hour price is trading above the average and the bulls have found support.
  • #504,302
  • Nov 25, 2019 7:39am Nov 25, 2019 7:39am
USDX
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  • #504,303
  • Edited 7:58am Nov 25, 2019 7:47am | Edited 7:58am
Quoting Nala66
I don't know where you guys get the idea of a short from. On the 1 hour price is trading above the average and the bulls have found support.
No one has got crystal ball. My analyses are based on fundamentals and aiming short term targets (I do not like to hold positions overnight) I do not care much about technical indicators.

60 minutes chart looks to me bearish from macro perspective but it can change anytime
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  • #504,304
  • Nov 25, 2019 8:28am Nov 25, 2019 8:28am
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yes yes yes
  • #504,305
  • Nov 25, 2019 8:28am Nov 25, 2019 8:28am
Deep red..... but i believe in pound shorts.... sl is margin. Call
Extreme gut feeling trader
  • #504,306
  • Nov 25, 2019 8:30am Nov 25, 2019 8:30am
Quoting montygoldy
Deep red..... but i believe in pound shorts.... sl is margin. Call
drop coming soon. if not now.
  • #504,307
  • Nov 25, 2019 8:46am Nov 25, 2019 8:46am
Quoting Ra.
{quote} drop coming soon. if not now.
Hope you are right.....
Extreme gut feeling trader
  • #504,308
  • Nov 25, 2019 8:51am Nov 25, 2019 8:51am
too many 'guru's' giving sell advice.
Time to go long.
buy on h1 @ 2884
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in wondering about yourself, you forgot what you came here to be part of
  • #504,309
  • Nov 25, 2019 8:52am Nov 25, 2019 8:52am
There you go again...You guys must be nuts.

I don't know about crystal balls but a trip to specsavers should help.

Straight to the 50% target level
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  • #504,310
  • Edited 9:09am Nov 25, 2019 8:55am | Edited 9:09am
it reaches above the level of interest , 2901 and further high possible towards 2969 , lets see when may break next again. next tanking may after 2840 breaks down , signal at 2892/2884 .to wait more .
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #504,311
  • Nov 25, 2019 8:56am Nov 25, 2019 8:56am
Quoting montygoldy
{quote} Hope you are right.....
I’ll die trying shorts still holding good part is gold long is turning green...
Extreme gut feeling trader
  • #504,312
  • Nov 25, 2019 9:08am Nov 25, 2019 9:08am
Quoting knkie
too many 'guru's' giving sell advice. Time to go long. buy on h1 @ 2884 {image}
I ain't a guru, and equate that term to the modern day snake-oils salesman. Not selling anything,nor giving any advice, just my opinions. Pot calls the kettle black.

If you'd like, we can all just stare at a blank forum and say nothing if that's what you fancy.

Still shorting.
  • #504,313
  • Nov 25, 2019 9:14am Nov 25, 2019 9:14am
Quoting Ra.
{quote} I ain't a guru, and equate that term to the modern day snake-oils salesman. Not selling anything,nor giving any advice, just my opinions. Pot calls the kettle black. If you'd like, we can all just stare at a blank forum and say nothing if that's what you fancy. Still shorting.
I never named you, but your response shows there is merit to my remark.
Humans are not capable of predicting the future.
Traders are abysmal at choosing direction.
Yet for some reason traders think they have special powers.

You can take part in a thread discussion without trying to make predictions or giving advice.
Its misleading to make it seem as if you have special knowledge which you do not have.
in wondering about yourself, you forgot what you came here to be part of
  • #504,314
  • Nov 25, 2019 9:15am Nov 25, 2019 9:15am
Quoting knkie
too many 'guru's' giving sell advice. Time to go long. buy on h1 @ 2884 {image}
Exit +29 pips

cya tomorrow.
in wondering about yourself, you forgot what you came here to be part of
  • #504,315
  • Nov 25, 2019 9:16am Nov 25, 2019 9:16am
Quoting MamounDeb
I'm long here, Bullish bias on the daily timeframe, the bounce of support S1 means weak bears. {image} pretty sure this small drop is a pullback, good opportunity to buy. This position is smart because you can have a very tight SL and very good Risk Reward ration. for TP1 RR is 1.80, For TP2 RR is 4.20. EDIT: After TP1 hit, I'll close at any sign of exhaustion. Reopen with appropriate PA.
TP1 hit aiming now for TP2.
{I lost a bit of money going short following Monty's guts XD (they are usually right though)}

Quoting knkie
{quote} Exit +29 pips cya tomorrow.
Completely agree. I ignored most of them. I'm still in long +35 pips profit. goal is TP2 @ 1.2965
  • #504,316
  • Nov 25, 2019 9:19am Nov 25, 2019 9:19am
Quoting montygoldy
{quote} I’ll die trying shorts still holding good part is gold long is turning green...
they do at cost of others . just manage your money to stay safe , all will back!it become crazy even in Monday for something much better reason perhaps !
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #504,317
  • Nov 25, 2019 9:19am Nov 25, 2019 9:19am
Quoting pipfarm
I have doubts cable will fall further in the short term support @2023 not broken. this price action is turning in to a sideways pattern on H1, upside potential looking like a better prospect at the moment,. staying out of cable until i see more evidence for direction.

There is your answer , was never going to go short without breaking 2856, a wise man always waits for confirmation and congrats to the longs
Follow The Markets Structure - Patience and Discipline
  • #504,318
  • Nov 25, 2019 9:23am Nov 25, 2019 9:23am
I am short now 1.2907 & GJ 140.47

Stoploss daily close above 1.2923 & daily close above 140.66

target 150pips for both
  • #504,319
  • Nov 25, 2019 9:24am Nov 25, 2019 9:24am
Quoting knkie
{quote} I never named you, but your response shows there is merit to my remark. Humans are not capable of predicting the future. Traders are abysmal at choosing direction. Yet for some reason traders think they have special powers. You can take part in a thread discussion without trying to make predictions or giving advice. Its misleading to make it seem as if you have special knowledge which you do not have.
anddd the diatribe on predicting the markets begins.. Of course we don't know where it's going to go, can't I speak my mind on what I believe, or wish for?
Though a name is not mentioned, words can still be directed towards an individual, as I have been posting sells, I fall into your blanketed comment and take offense.

This forum takes on the environment, like a sports team cheering on their favorite team. Bulls or bears where's it going to go?

To single out and criticize people for this just tell me you're an elitist. continue implying that I state I have 'special powers' further solidifies my assumptions.

I'm here to see other's views and get a perspective of how other people trade, not here to be called a 'guru' when market moves against my position. Shows no class.

Have a good day
  • #504,320
  • Nov 25, 2019 9:33am Nov 25, 2019 9:33am
I learn today See and i never use indicator execpt volume... you next month. I hold long for long term
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