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Cable Update (GBPUSD)

  • #505,721
  • Dec 10, 2019 9:50am Dec 10, 2019 9:50am
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  • #505,722
  • Edited 11:03am Dec 10, 2019 10:34am | Edited 11:03am
there was rejection last time & usdx looking support next to retest bo , playing ups & down as always , ok as expected .
gbp usd also ok for 3212 up but not easy direct there , so up & down also , now may retest 3138 for up still. take care
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #505,723
  • Dec 10, 2019 10:53am Dec 10, 2019 10:53am
Quoting Marcieny
EUR/GBP want to go up if it's election or brexit I don't know. I keep waiting.
Do you mind sharing chart
sell strength in falling markets, and buy weakness in rising markets.
  • #505,724
  • Dec 10, 2019 10:58am Dec 10, 2019 10:58am
Quoting htcone
{quote} Do you mind sharing chart
It's a pleasure.
  • #505,725
  • Dec 10, 2019 11:12am Dec 10, 2019 11:12am
Htcone

I don't know if you'll understand my train of thought, but there are two patterns, one for buying and one for selling,
I'm not doing anything right now, but I love a risky purchase.
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  • #505,726
  • Dec 10, 2019 11:53am Dec 10, 2019 11:53am
Sorry guys for my words
This pair is out of control by Technical or FA until next 3-4 weeks or even next months
The political news and basters are controling it and put the money in their pockets
After that the real economic data will throw this pair to the hell and lowest level of its life
  • #505,727
  • Dec 10, 2019 11:53am Dec 10, 2019 11:53am
Quoting krst8
What is happening at 3 pm British time? noticed that a few times now there has been large dip around 3pm british time, is that a pure coincidence or linked to some market play? Afterward a strong rise in price in the next hour.
today again the same, at about 3pm british time we have the largest drop of the day? Anyone with an insight of this repeating pattern?
  • #505,728
  • Dec 10, 2019 12:10pm Dec 10, 2019 12:10pm
Arshamv, on my chart TA, works perfectly...
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Always trade your own plan...I don't provide trading signals.
  • #505,729
  • Dec 10, 2019 12:12pm Dec 10, 2019 12:12pm
Quoting krst8
{quote} today again the same, at about 3pm british time we have the largest drop of the day? Anyone with an insight of this repeating pattern?
4pm british time there is so called London Fix, 1min window when the fix prices are put for the day.
  • #505,730
  • Dec 10, 2019 12:16pm Dec 10, 2019 12:16pm
Quoting gezis
{quote} 4pm british time there is so called London Fix, 1min window when the fix prices are put for the day.
Wow, didn't know that, thanks for sharing.
  • #505,731
  • Dec 10, 2019 12:20pm Dec 10, 2019 12:20pm
Quoting 19monza64
{image}
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  • #505,732
  • Dec 10, 2019 12:21pm Dec 10, 2019 12:21pm
Quoting gezis
{quote} 4pm british time there is so called London Fix, 1min window when the fix prices are put for the day.

aha many thanks for the info!

this article explains some of how this is used to ”manipulate the market”

https://www.investopedia.com/article...-be-rigged.asp
  • #505,733
  • Dec 10, 2019 12:35pm Dec 10, 2019 12:35pm
I thought Cable was going to crash, but it is pushing at 1.32 at the moment...
  • #505,734
  • Dec 10, 2019 12:42pm Dec 10, 2019 12:42pm
one could have seen this coming, there were several signals
M15 chart

Ra: "pressure"

there should be a pullback on M5 if you wanna swing trade this
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in wondering about yourself, you forgot what you came here to be part of
  • #505,735
  • Dec 10, 2019 12:43pm Dec 10, 2019 12:43pm
Quoting navk
I do usually long and short and make history is results. Now got struck in short. A lesson or 2 is learnt.
still holding your short?
  • #505,736
  • Dec 10, 2019 12:45pm Dec 10, 2019 12:45pm
Quoting knkie
one could have seen this coming, there were several signals M15 chart Ra: "pressure" there should be a pullback on M5 if you wanna swing trade this {image}
Well done buddy
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #505,737
  • Dec 10, 2019 12:49pm Dec 10, 2019 12:49pm
Quoting Almo2312
{quote} Well done buddy
thanx Almo !
in wondering about yourself, you forgot what you came here to be part of
  • #505,738
  • Dec 10, 2019 12:50pm Dec 10, 2019 12:50pm
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yes yes yes
  • #505,739
  • Dec 10, 2019 1:07pm Dec 10, 2019 1:07pm
now M5 frame:
pullback to breakout for swing trade && 2nd buy entry
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in wondering about yourself, you forgot what you came here to be part of
  • #505,740
  • Edited 2:11pm Dec 10, 2019 1:58pm | Edited 2:11pm
3212 tested and close and short started to see, usdx likely fight for 97.37 daily close, take care
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Not understand?better not follow my analyses!doubt clearer first, risks ++
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