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Cable Update (GBPUSD)

  • #506,821
  • Dec 19, 2019 5:49am Dec 19, 2019 5:49am
Jitters ahead of the BOE rates announcement...
Charts don't drive price, market conditions drive price...
  • #506,822
  • Dec 19, 2019 5:52am Dec 19, 2019 5:52am
i short 1.3090 50 to 100 pips tgt

trade safe
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #506,823
  • Dec 19, 2019 5:57am Dec 19, 2019 5:57am
Attached Image (click to enlarge)
Click to Enlarge Name: New Doc 2019-12-19 13.53.54_1.jpg Size: 113 KB
yes yes yes
  • #506,824
  • Dec 19, 2019 6:02am Dec 19, 2019 6:02am
Dump and pump or pump and dump?
What a gang-bang.
Lost....
  • #506,825
  • Dec 19, 2019 6:06am Dec 19, 2019 6:06am
What a bounce from 1.31500
yes yes yes
  • #506,826
  • Dec 19, 2019 6:08am Dec 19, 2019 6:08am
Up up and away, or a stop hunt?
Pip Goes The Weasel
  • #506,827
  • Dec 19, 2019 6:13am Dec 19, 2019 6:13am
Quoting adrazz
Up up and away, or a stop hunt?
It's like this H4 trend line is the great wall of China
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 9 KB
Charts don't drive price, market conditions drive price...
  • #506,828
  • Dec 19, 2019 6:21am Dec 19, 2019 6:21am
Quoting Moty
What a bounce from 1.31500
Still in range buddy
3130-3050 now
careful fake spike
PA Return Today: na
  • #506,829
  • Dec 19, 2019 6:21am Dec 19, 2019 6:21am
Quoting Guztro
{quote} It's like this H4 trend line is the great wall of China {image}
And what if i told you, one would draw the line differently...
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.JPG Size: 53 KB
  • #506,830
  • Dec 19, 2019 6:26am Dec 19, 2019 6:26am
I like the price now for Long G/U

Come on Cable

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  • #506,831
  • Dec 19, 2019 6:27am Dec 19, 2019 6:27am
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  • #506,832
  • Dec 19, 2019 6:27am Dec 19, 2019 6:27am
Quoting Piparins
{quote} And what if i told you, one would draw the line differently... {image}
Well, whichever way you want to draw the line, the H4 aint going anywhere, so the daily is unlikely to go anywhere...
Charts don't drive price, market conditions drive price...
  • #506,833
  • Dec 19, 2019 6:34am Dec 19, 2019 6:34am
Quoting Guztro
{quote} Well, whichever way you want to draw the line, the H4 aint going anywhere, so the daily is unlikely to go anywhere...
Statistically speaking you are wrong. Price more likely will break previous day high/low...
  • #506,834
  • Dec 19, 2019 6:35am Dec 19, 2019 6:35am
I'd say your right
that's the only local one now

Quoting Piparins
{quote} And what if i told you, one would draw the line differently... {image}
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #506,835
  • Dec 19, 2019 6:35am Dec 19, 2019 6:35am
Quoting Piparins
{quote} Statistically speaking you are wrong. Price more likely will break previous day high/low...
Statistically speaking, let's wait and see.
Charts don't drive price, market conditions drive price...
  • #506,836
  • Dec 19, 2019 6:45am Dec 19, 2019 6:45am
its not under that one ,but is under that one ,
it can break down without hitting the other one
it is info to know already

To break down is other problem because that's where it broke up 1 months consolidation ,also start of large move and break of w1
better to be further away to initiate.

so d1 is trapped for the mo
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD-4-hours.png Size: 31 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #506,837
  • Dec 19, 2019 6:46am Dec 19, 2019 6:46am
Attached Image (click to enlarge)
Click to Enlarge Name: New Doc 2019-12-19 14.44.43_1.jpg Size: 112 KB
yes yes yes
  • #506,838
  • Dec 19, 2019 6:49am Dec 19, 2019 6:49am
Quoting Piparins
{quote} Statistically speaking you are wrong. Price more likely will break previous day high/low...
HAHAHAHAA

i dont think you know what statistics mean.

"price is likely to break a Hi OR a lo"
ahem yes
try choosing a side, then we can talk probabilities.
in wondering about yourself, you forgot what you came here to be part of
  • #506,839
  • Dec 19, 2019 6:52am Dec 19, 2019 6:52am
Quoting fontu
{quote} 3128 as last leg down from to signal & hold type needed to do or fakeout / spikes up just. at least 3220 up can be a fine try , most risky , no doubt!
Special thanks to fontu Great levels. I was in meeting during data so i couldnt see what happened and recovered yesterday loss with 1.3128 level by the his todays analyse
  • #506,840
  • Dec 19, 2019 6:56am Dec 19, 2019 6:56am
Quoting Xarras
GBPUSD has ranging right now, dangerous for day traders or short term traders https://www.youtube.com/watch?v=d_mPFtLEnJ0
Bang on there, I might sit this out now until the New Year!
Pip Goes The Weasel
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