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Cable Update (GBPUSD)

  • #507,041
  • Dec 23, 2019 1:31am Dec 23, 2019 1:31am
Quoting yenyen
1.2920 coming.. buy? be careful
i wonder what will be the catalyst for that and the short positioning being so extreme in the past 1 week or so it may pause here for new data to arrive. hard brexit move is done
  • #507,042
  • Dec 23, 2019 2:12am Dec 23, 2019 2:12am
1,2991/97 support
1,3031/38 resistance
Lets see if we can get that res
COT: The precious data ignored
  • #507,043
  • Dec 23, 2019 2:16am Dec 23, 2019 2:16am
The best thing about forex is that everyone tries to enforce their own ideas.
  • #507,044
  • Dec 23, 2019 2:24am Dec 23, 2019 2:24am
Attached Image (click to enlarge)
Click to Enlarge Name: Cattura.PNG Size: 69 KB
  • #507,045
  • Dec 23, 2019 2:55am Dec 23, 2019 2:55am
LONG IN AT 1.3031
Don't trade what you think. Just what you see!!!
  • #507,046
  • Dec 23, 2019 3:05am Dec 23, 2019 3:05am
nothing any great with London open , so go with standard pa , watching
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDM30.png Size: 37 KB
Click to Enlarge Name: GBPUSDH4.png Size: 41 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #507,047
  • Dec 23, 2019 3:17am Dec 23, 2019 3:17am
Attached Image (click to enlarge)
Click to Enlarge Name: New Doc 2019-12-23 10.23.16_1.jpg Size: 81 KB
yes yes yes
  • #507,048
  • Dec 23, 2019 3:44am Dec 23, 2019 3:44am
Check my chart
Attached Image (click to enlarge)
Click to Enlarge Name: gbus2312.png Size: 94 KB
  • #507,049
  • Edited 3:58am Dec 23, 2019 3:44am | Edited 3:58am
Quoting Theoak
LONG IN AT 1.3031
I think you bought in a bit late but I also see this @ 3046 today, could be a while thou...I might be wrong, do own analysis

However if it drops below 1.3000 Friday (fridays daily close 1.2999) I guess were heading south....
Don't Leave Money on the Table
  • #507,050
  • Dec 23, 2019 4:00am Dec 23, 2019 4:00am
My trades on Friday was the last for the year, I wish those here celebrating Christmas a merry one . May the green pips be with all who continues trading.

Happy holidays, trade safe and see you in 2020!

Guz
Charts don't drive price, market conditions drive price...
  • #507,051
  • Dec 23, 2019 4:06am Dec 23, 2019 4:06am
Before
https://www.forexfactory.com/attachm...7&d=1576057425

After:
https://www.forexfactory.com/attachm...8&d=1576057431

Later:
https://www.tradingview.com/x/QCC2VM2G/

Still moving towards my target:

https://www.tradingview.com/x/mMDzhKU5/
Attached Image(s) (click to enlarge)
Click to Enlarge Name: vikinsa GBPUSD 2019-12-11_09-42-10 Before.png Size: 161 KB
Click to Enlarge Name: vikinsa GBPUSD 2019-12-11_09-41-17 after.png Size: 183 KB
Click to Enlarge Name: Vikinsa GBPUSD 2019-12-17_ Later.png Size: 131 KB
Click to Enlarge Name: vikinsa GBPUSD 2019-12-123 now.png Size: 127 KB
Technical Analyst & Trader @ Vikinsa
  • #507,052
  • Dec 23, 2019 4:09am Dec 23, 2019 4:09am
Quoting HaLBot
{quote} I think you bought in a bit late but I also see this @ 3046 today, could be a while thou...I might be wrong, do own analysis However if it drops below 1.3000 Friday (fridays daily close 1.2999) I guess were heading south....

H4 is on the verge of a bounce, small or not i don't know.

Line in the sand 1.2991/97....for a move back to 1.31

It shows lots of inverted div, one should fail sooner or later
COT: The precious data ignored
  • #507,053
  • Dec 23, 2019 4:15am Dec 23, 2019 4:15am
long range sideway down ..... gbp will re test upside again soon ... cause GBPAUD super oversold right now ... and this week is side way week for sure
  • #507,054
  • Dec 23, 2019 4:15am Dec 23, 2019 4:15am
Quoting kuroro001
{quote} H4 is on the verge of a bounce, small or not i don't know. Line in the sand 1.2991/97....for a move back to 1.31 It shows lots of inverted div, one should fail sooner or later
Looks like some stop hunting took place...
Don't Leave Money on the Table
  • #507,055
  • Dec 23, 2019 4:17am Dec 23, 2019 4:17am
Chancing longs inside this 1.2991/97 supp

+ With all the divergence, will add a bit more lower
COT: The precious data ignored
  • #507,056
  • Dec 23, 2019 4:19am Dec 23, 2019 4:19am
Quoting HaLBot
{quote} Looks like some stop hunting took place...
Its just continuation of the weekly candle, nothing shocking, really.
Everyone can see the chart, but only a few can actually read it.
  • #507,057
  • Dec 23, 2019 4:32am Dec 23, 2019 4:32am
Quoting OnlineAddict
{quote} Its just continuation of the weekly candle, nothing shocking, really.
not shocked, that move down just then looked like some stop hunting....
Don't Leave Money on the Table
  • #507,058
  • Dec 23, 2019 4:46am Dec 23, 2019 4:46am
Quoting Almo2312
I short 1.3030. Tp about 100 pips. Trade safe
I still hold it .
I believe we will see 1.293 soon
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #507,059
  • Dec 23, 2019 4:49am Dec 23, 2019 4:49am
Quoting Almo2312
{quote} I still hold it . I believe we will see 1.293 soon
congrats, perfect entry
  • #507,060
  • Dec 23, 2019 4:56am Dec 23, 2019 4:56am
planning to buy GU GN now..

wish me luck
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