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Cable Update (GBPUSD)

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  • Post #505,541
  • Quote
  • Dec 6, 2019 1:40pm Dec 6, 2019 1:40pm
  •  Bones
  • Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 22,755 Posts
don't bet the house on a hang man reaction, to this area
read the overall story

Boris is bullish any indication he has a majority will speculate this up until the event

Quoting Bones
Disliked
{image}
Ignored
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#doyourownanalysisordietryin
 
 
  • Post #505,542
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  • Dec 6, 2019 1:50pm Dec 6, 2019 1:50pm
  •  Arturke
  • Joined Dec 2011 | Status: Member | 554 Posts
Quoting Bones
Disliked
19 pips down right now that's a healthy top wick to a bullish candle {quote}
Ignored
its not the case, next week will see it will go more downward
 
 
  • Post #505,543
  • Quote
  • Dec 6, 2019 1:52pm Dec 6, 2019 1:52pm
  •  Bones
  • Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 22,755 Posts
Not good enough provide a chart and reasoning ,If it goes down and you quote yourself
what your doing isn't good enough

Quoting Arturke
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{quote} its not the case, next week will see it will go more downward
Ignored
#doyourownanalysisordietryin
 
 
  • Post #505,544
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  • Edited 2:16pm Dec 6, 2019 1:56pm | Edited 2:16pm
  •  Bones
  • Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 22,755 Posts
Naked chart
this is a healthy candle but we have to see the next open

Therefore kick off that hang man on D1 is consolidation.


Election is another matter altogether ,but personally I believe the polls this time. Corbyn has taken his free pony to everyone too far and has no position on Brexit.

10 points in the polls is a majority .
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#doyourownanalysisordietryin
 
 
  • Post #505,545
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  • Dec 6, 2019 2:02pm Dec 6, 2019 2:02pm
  •  Arturke
  • Joined Dec 2011 | Status: Member | 554 Posts
Quoting Bones
Disliked
Not good enough provide a chart and reasoning ,If it goes down and you quote yourself what your doing isn't good enough {quote}
Ignored
eh? will do what ever want it is my truth and what was not good enough?
 
 
  • Post #505,546
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  • Dec 6, 2019 2:13pm Dec 6, 2019 2:13pm
  •  Bones
  • Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 22,755 Posts
Not good enough to post like you do
provide the reasoning or stop quoting yourself

Quoting Arturke
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{quote} eh? will do what ever want it is my truth and what was not good enough?
Ignored
#doyourownanalysisordietryin
 
 
  • Post #505,547
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  • Dec 6, 2019 2:25pm Dec 6, 2019 2:25pm
  •  Moty
  • Joined Dec 2017 | Status: Member | 23,972 Posts
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  • Post #505,548
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  • Dec 6, 2019 2:43pm Dec 6, 2019 2:43pm
  •  zghnno
  • | Joined Feb 2015 | Status: Double the account | 239 Posts
Kinda pointless to trade next week because of the election but I'll sell 1.31 if it happens on Monday.
Double the account
 
 
  • Post #505,549
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  • Dec 6, 2019 3:09pm Dec 6, 2019 3:09pm
  •  Skracor247
  • Joined Oct 2008 | Status: Price made me do it. (0.0) | 1,281 Posts
Quoting Moty
Disliked
{image}{image}
Ignored
I am seeing that as a possibility(1.3080). But I am looking for at least 1.32 coming soon after that. Maybe not right away but...

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  • Post #505,550
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  • Dec 6, 2019 3:33pm Dec 6, 2019 3:33pm
  •  Arturke
  • Joined Dec 2011 | Status: Member | 554 Posts
Quoting Bones
Disliked
Not good enough to post like you do provide the reasoning or stop quoting yourself {quote}
Ignored
sure good point
 
 
  • Post #505,551
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  • Dec 6, 2019 5:06pm Dec 6, 2019 5:06pm
  •  Nala66
  • Joined Mar 2016 | Status: Member | 5,686 Posts
Quoting Bones
Disliked
Naked chart this is a healthy candle but we have to see the next open Therefore kick off that hang man on D1 is consolidation. Election is another matter altogether ,but personally I believe the polls this time. Corbyn has taken his free pony to everyone too far and has no position on Brexit. 10 points in the polls is a majority . {image} {image}
Ignored
Hi Bones, Next open there will be blood... I don't trade the weekly chart but it does give me an idea of direction but this could be many weeks away.
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  • Post #505,552
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  • Dec 6, 2019 5:22pm Dec 6, 2019 5:22pm
  •  OnlineAddict
  • Joined May 2014 | Status: From $1 to Million | 8,868 Posts
4 more forex days until election...and this might be the typical "buy the rumor, sell the news" thing, so even if Boris wins big majority, what everyone is expecting, pound can drop afterwards.
Everyone can see the chart, but only a few can actually read it.
 
 
  • Post #505,553
  • Quote
  • Dec 6, 2019 11:20pm Dec 6, 2019 11:20pm
  •  fontu
  • Joined Mar 2008 | Status: Name real with real own way | 19,652 Posts
Checking market close pa for open next, same as left.
Attached Images
Not understand?better not follow my analyses!doubt clearer first, risks ++
 
 
  • Post #505,554
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  • Dec 6, 2019 11:42pm Dec 6, 2019 11:42pm
  •  fontu
  • Joined Mar 2008 | Status: Name real with real own way | 19,652 Posts
Quoting OnlineAddict
Disliked
4 more forex days until election...and this might be the typical "buy the rumor, sell the news" thing, so even if Boris wins big majority, what everyone is expecting, pound can drop afterwards.
Ignored
Likely after it settle and nothing to pump up and so big dump, just below 3379 (say 3267, 3300) , just above or more highs. Above 3176 great sells zone starts having all spikes up down fast. Even this below targt 3176 not bad for it but may be too early as weekly burst up recently. Take care
Not understand?better not follow my analyses!doubt clearer first, risks ++
 
1
  • Post #505,555
  • Quote
  • Edited 4:41am Dec 7, 2019 4:18am | Edited 4:41am
  •  viktoriaxz
  • | Joined Jun 2019 | Status: on vacation | 1,398 Posts
About GU.H4 gu stay green-one indicator,another only start down slightly.So no signal sell in gu H4.Maybe some up again and after sell,or sideways.i think need to wait strong sell signal.H1 shows up from night-one indicator,another stay red.But it can be sideways h1.All shows need to wait short.
 
 
  • Post #505,556
  • Quote
  • Dec 7, 2019 6:28am Dec 7, 2019 6:28am
  •  chess king
  • Joined Jun 2011 | Status: the risk is the unknown | 2,127 Posts
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  • Post #505,557
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  • Dec 7, 2019 6:33am Dec 7, 2019 6:33am
  •  chess king
  • Joined Jun 2011 | Status: the risk is the unknown | 2,127 Posts
Week chart BIG R 33/3400

FONTU levels very Good

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2
  • Post #505,558
  • Quote
  • Dec 7, 2019 7:01am Dec 7, 2019 7:01am
  •  forda
  • Joined Apr 2013 | Status: Member | 230 Posts
Quoting chess king
Disliked
Week chart BIG R 33/3400 FONTU levels very Good {image}
Ignored

Could both sides win?
I've started shorting GBP pairs
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you can't stop the waves, but you can learn to surf
 
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  • Post #505,559
  • Quote
  • Dec 7, 2019 8:27am Dec 7, 2019 8:27am
  •  Moty
  • Joined Dec 2017 | Status: Member | 23,972 Posts
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  • Post #505,560
  • Quote
  • Dec 7, 2019 9:10am Dec 7, 2019 9:10am
  •  Zircon
  • Joined Apr 2011 | Status: Free Palestine.. | 1,563 Posts
still more up, lets say spike i guess?
an early sign of reverse is here this hanging man (not a genuine, inside a bit), need a confirm.
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If skills could be acquired by watching, every dog would be a butcher. Turk
 
 
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