Cable Update (GBPUSD)

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Post #504,921
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Edited at 7:35am Nov 30, 2019 4:05am | Edited at 7:35am

fontu
Joined Mar 2008 | Status: Name real with real own way | 16,423 Posts

just checking for next week , nothing great or special from eurusd apparently , though posing weekly/ monthly for bull at great resistance areas . some indication for bull try next week as weekly gap up & continue up above 3011 for 3070/3175 ok but extremely unlikely reach 3379. and if so then a great weekly/ monthly fakeout likely ensues. so on bull try in great trend down before continue bear. Ok another week get in the preparation bull if and in that case visit 2700 possible. Failure top then below 2155! take care

https://www.forexfactory.com/showthr...7#post12640387

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Post #504,922
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Nov 30, 2019 6:40am Nov 30, 2019 6:40am

AlexanderE
| Joined Aug 2015 | Status: Member | 74 Posts

Quoting thevisitor

Disliked

ready for 1.2975

Ignored

I had my eye on the same level but but there's possibility that price may have reached a point of reversal and head back down. I'm asking myself will price just continue shooting up or respect the resistance?

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Freedom is an asset.

Post #504,923
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Edited at 7:41am Nov 30, 2019 6:50am | Edited at 7:41am

tito5615104
| Joined Oct 2010 | Status: Member | 143 Posts

i think it will reach to 1.2990-1.2995 this week

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good luck

Post #504,924
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Nov 30, 2019 7:16am Nov 30, 2019 7:16am

AlexanderE
| Joined Aug 2015 | Status: Member | 74 Posts

Quoting tito5615104

Disliked

i think it will reach to 1.2990-1.2995 this week

Ignored

it's possible - another view

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Freedom is an asset.

Post #504,925
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Nov 30, 2019 8:30am Nov 30, 2019 8:30am

Not-KPMG
Joined Jun 2015 | Status: Member | 14,548 Posts

The higher it gets, the better sell

You know i don't consider pound a real currency, so i won't bother with technicals.? Good.

1.29 now.
If it goes 1.2770 as i expect...

I'll make another poster of my friend Onlinus

When 1.45

???

Beware of robber banks (RB), bad advisors. ;)

Der Trader All Time Pips: 52,970

Post #504,926
Quote
Edited at 1:15pm Nov 30, 2019 8:53am | Edited at 1:15pm

thevisitor
Joined Sep 2019 | Status: Member | 1,011 Posts

Quoting AlexanderE

Disliked

{quote} I had my eye on the same level but but there's possibility that price may have reached a point of reversal and head back down. I'm asking myself will price just continue shooting up or respect the resistance? {image}

Ignored

good point Alex,

imho we see a break of triangle to the upside maybe 1.3040 then back down.
everyone expecting 1.27xx
i dont know..and it doesn't matter...

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In 2021 trading in Germany will be dead..

Post #504,927
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Nov 30, 2019 9:45am Nov 30, 2019 9:45am

navk
Joined Oct 2010 | Status: Trader | 11,792 Posts

hey guys, I have 2 accounts with same broker.

I could synchronize 1 account with myfxbook.com

The other account, error message comes and it says full account history not available so not able to synchronize. The following message comes :

"You've connected your account successfully, but some trading history is missing.
Please follow the instructions here to resolve it: http://www.myfxbook.com/help#help_30"

Is there any other site where i can do to analyse my past history?

My account is not mt4 but mt5.

Intra day only.

Post #504,928
Quote
Edited at 11:10am Nov 30, 2019 10:16am | Edited at 11:10am

fontu
Joined Mar 2008 | Status: Name real with real own way | 16,423 Posts

just checking chart in smaller tf , as top declining correction wave , very crazy and reacting at channel bottom actually hypothetically taken only , no real channel respecting! but actually it is posing as crazy ascending top flat type and likely fail burst top immediately/ or even over 2949/70 ! & so another week to go down to be ready most likely .2730/2630 possible test then! let play first & ready for both !

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Post #504,929
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Edited at 2:55pm Nov 30, 2019 12:38pm | Edited at 2:55pm

thevisitor
Joined Sep 2019 | Status: Member | 1,011 Posts

Quoting Not-KPMG

Disliked

The higher it gets, the better sell You know i don't consider pound a real currency, so i won't bother with technicals.? Good. 1.29 now. If it goes 1.2770 as i expect... I'll make another poster of my friend Onlinus When 1.45 ???

Ignored

why not 1.40

In 2021 trading in Germany will be dead..

Post #504,930
Quote
Nov 30, 2019 1:04pm Nov 30, 2019 1:04pm

AlexanderE
| Joined Aug 2015 | Status: Member | 74 Posts

If I can get short at 2975 I’ll be a happy man even if heads up to 2990 - 30 and I’m forced to sit through a draw down. My view is that the elections will provide enough of a push to break out of the range cable is in atm. Until then I expect more range bound activity.

Freedom is an asset.

Post #504,931
Quote
Nov 30, 2019 1:09pm Nov 30, 2019 1:09pm

AlexanderE
| Joined Aug 2015 | Status: Member | 74 Posts

Quoting tito5615104

Disliked

i think it will reach to 1.2990-1.2995 this week {image}

Ignored

What makes you take that position?

Freedom is an asset.

Post #504,932
Quote
Nov 30, 2019 4:29pm Nov 30, 2019 4:29pm

vikinsa
| Commercial Member | Joined Oct 2019 | 858 Posts

GBPUSD has been quietly posing for a bull rally.
https://www.tradingview.com/chart/GB...-Are-Squeezed/

Its Next Possible Move:
https://www.tradingview.com/chart/GB...kout-Expected/

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Technical Analyst & Trader @ Vikinsa

Post #504,933
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Nov 30, 2019 5:14pm Nov 30, 2019 5:14pm

b_hand
Joined Sep 2012 | Status: Member | 520 Posts

Risk on hongkong bills

Post #504,934
Quote
Nov 30, 2019 5:19pm Nov 30, 2019 5:19pm

OnlineAddict
Joined May 2014 | Status: Veteran | 7,576 Posts | Invisible

Quoting thevisitor

Disliked

{quote} good point Alex, imho we see a break of triangle to the upside maybe 1.3040 then back down. everyone expecting 1.27xx i dont know..and it doesn't matter... {image}

Ignored

Yep, too many people now expecting 1.27 asap, so I am out of it. More likely to go above 1.30, it seems.

If less is more, just think how much more more will be.

Post #504,935
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Nov 30, 2019 5:39pm Nov 30, 2019 5:39pm

Ra.
Joined Sep 2018 | Status: Member | 797 Posts

Quoting OnlineAddict

Disliked

{quote} Yep, too many people now expecting 1.27 asap, so I am out of it. More likely to go above 1.30, it seems.

Ignored

Still ranging off the weekly.. I'm stuck in some sell positions from last week lol so my bias is dropping lower.. I can see it pushing up around the 1.30 area as well.

Guess we 'play em as they lay'

Post #504,936
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Nov 30, 2019 7:26pm Nov 30, 2019 7:26pm

b_hand
Joined Sep 2012 | Status: Member | 520 Posts

EG is watching on level 86xxx. So I expect Gu drop to 1.27xx

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Combination both wolf wave and pola XAB.

Post #504,937
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Nov 30, 2019 9:45pm Nov 30, 2019 9:45pm

Bones
Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 21,373 Posts

cable has a consolidation candle on the monthly ,
likely break to the upside, Best Buy = between 12700 to 12800
only a d1 break and close below 12700 would change my mind for the next run.The open gap is at major pivot 12775 but that doesn't have to be filled now.
This pattern is the opposite to the look left /down until proven otherwise.

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Human + Incentive = Bias

Post #504,938
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Dec 1, 2019 1:54am Dec 1, 2019 1:54am

KiwiTrada
Joined Aug 2009 | Status: Member | 11,539 Posts

last monthly close is nice tricky candle, 1.3 is key, bears got pummelled previous month, last month candle could be payback candle, crossing fingers and toes :-)

If you are new to Forex? Say Goodbye to your account!!

Post #504,939
Quote
Dec 1, 2019 2:31am Dec 1, 2019 2:31am

fontu
Joined Mar 2008 | Status: Name real with real own way | 16,423 Posts

just checking if any strong news around market may take position ahead ! got one "ECB President Lagarde testifies to the European Parliament on Monday" and if so market may open gap up as required for LR 7 burst weekly to top side if ! and if so price action looks much odd than if gap down. if gap down may not fulfill the precondition for the burst up immediately again . so 2844 to 20 is musch logical than price above 2970 play on Monday ! lets see

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Post #504,940
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Edited at 4:37am Dec 1, 2019 4:02am | Edited at 4:37am

tito5615104
| Joined Oct 2010 | Status: Member | 143 Posts

Quoting AlexanderE

Disliked

{quote} What makes you take that position?

Ignored

Just fibo retracement on last 2 wave as you see on screenshot
first wave up and fibo on it reduce Possible long from 50-61 fibo rtracement (blue area)
Second wave down fibo retracement that's make 161 fibo potential target then fibo 261 at 1.3065
remember i said i think it will reach 1.2995 (maybe yes / maybe no) no one can know
maybe work
it work with me at 21/11/2019
let me show this
so, it may be work or no
if second wave broke 61 fibo, get out

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