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Cable Update (GBPUSD)

  • #510,561
  • Feb 3, 2020 8:31am Feb 3, 2020 8:31am
65 pips extension today more than ADR
Intraday only.
  • #510,562
  • Feb 3, 2020 8:38am Feb 3, 2020 8:38am
Quoting navk
65 pips extension today more than ADR
that my bad bears
just for a cup of coffee...
  • #510,563
  • Feb 3, 2020 8:41am Feb 3, 2020 8:41am
what a drop.... free fall
Intraday only.
  • #510,564
  • Feb 3, 2020 8:41am Feb 3, 2020 8:41am
Saturday I wrote:
Quoting Lock
.... Now, In the same post I also stated that after the correction of that extremely rare 4 pass gap at 3194-3200 the odds should be in favor of the correction of the 3 pass gap left downside at 2970-2975. But in the mean time the market, during the correction upside, left an other 3 pass gap at 30285-30395. And this means that if the initial odds where in favor of a correction downside towards 2970-2975 now those odds are doubled....
I report here my previous post not because those odds eventually materialized but for the implications of such a move in the continuum of current market development.
Ubi maior minor cessat
  • #510,565
  • Feb 3, 2020 8:43am Feb 3, 2020 8:43am
Obviously this does not mean that it has to do it necessarily now. Especially considering the weakness of current move downside and the huge amount of anomalies left upside.
Ubi maior minor cessat
  • #510,566
  • Feb 3, 2020 8:47am Feb 3, 2020 8:47am
i had short positions at 3190 and above with stop 3208.

and went to sleep on friday.

all my stops were hit on friday.

monday this drop.. big play going on to take retailers money
Intraday only.
  • #510,567
  • Feb 3, 2020 8:48am Feb 3, 2020 8:48am
Quoting navk
what a drop.... free fall
same niagara fall
just for a cup of coffee...
  • #510,568
  • Feb 3, 2020 8:49am Feb 3, 2020 8:49am
Quoting Lock
Obviously this does not mean that it has to do it necessarily now. Especially considering the weakness of current move downside and the huge amount of anomalies left upside.
hope can go where it start last week before any reverse in play..
just for a cup of coffee...
  • #510,569
  • Feb 3, 2020 8:50am Feb 3, 2020 8:50am
See the guy at the bottom?

That's me and few other guys (I've been selling 1.36 area and ever since). Few buys. Sue me

I remember (though i wasn't in forex) when pound was 2.0050 and EVERYBODY screamed it's the bottom. The biiiig line.

Couldn't drop below 2.0000 they swore memory of a student ...

I Bet if i ask my parents they know a guy who is still holding from 2.0200

I know Onlinus Addictus only

Green pips. Buy little sell big.
Attached Image (click to enlarge)
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Beware of robber banks (RB), bad advisors.
  • #510,570
  • Feb 3, 2020 8:51am Feb 3, 2020 8:51am
Quoting akim0895
{quote} hope can go where it start last week before any reverse in play..
i do not think it will reverse before 3000.
Intraday only.
  • #510,571
  • Feb 3, 2020 8:53am Feb 3, 2020 8:53am
Quoting navk
{quote} i do not think it will reverse before 3000.
how about 2980?
last week low..
just for a cup of coffee...
  • #510,572
  • Feb 3, 2020 8:54am Feb 3, 2020 8:54am
Quoting Not-KPMG
{quote} I come here for fun and yes My forecasts are well documented in my journal. And a fake spike of 200 pips up don't bother me. Just better SELL entry. Small positions, easy sleep, easy pips. Remember few hours before crooks meeting i said spikes craZy ? Now pay time.
A few hours before an interest rate decision you forecast crazy spikes? Well bra-fuckin-vo on that prediction. You truly are a market wizard.
Focus.
  • #510,573
  • Feb 3, 2020 8:55am Feb 3, 2020 8:55am
Quoting akim0895
{quote} how about 2980? last week low..
may be tomorrow retracement day then it is going to be bearish week
Intraday only.
  • #510,574
  • Feb 3, 2020 8:57am Feb 3, 2020 8:57am
that should the day. retracement to 3050 befor another fall.
Intraday only.
  • #510,575
  • Feb 3, 2020 9:14am Feb 3, 2020 9:14am
Quoting knkie
{quote} here is a great Corona monitoring dashboard done by Johns Hopkins: https://tinyurl.com/uwns6z5
cooool thanks for that.
  • #510,576
  • Feb 3, 2020 9:17am Feb 3, 2020 9:17am
Quoting Tekin
i am on long side with 1.3035 stop i wonder where to go in ny session 1.3188 or 1.3007
Not a good day
  • #510,577
  • Feb 3, 2020 9:18am Feb 3, 2020 9:18am
many have taken longs today and got stopped out. includes me

who would have expected such bearish day after 2 highly bullish day?
Intraday only.
  • #510,578
  • Feb 3, 2020 9:19am Feb 3, 2020 9:19am
usdx did a great job , limits broken , so go to target next if possible today 97.79 or just range top only . lets see
gbpusd likely test 2999 by next hr or so
Attached Image
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #510,579
  • Feb 3, 2020 9:26am Feb 3, 2020 9:26am
Quoting Not-KPMG
{quote} I come here for fun and yes My forecasts are well documented in my journal. And a fake spike of 200 pips up don't bother me. Just better SELL entry. Small positions, easy sleep, easy pips. Remember few hours before crooks meeting i said spikes craZy ? Now pay time.
there is no doubt with your anaylsis that GBPUSD will head down but the question is do you see that we will hit 1.3250 to 1.3420 area range before the big dumb ?

I personally wait to short near 1.3380 area
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  • #510,580
  • Feb 3, 2020 9:35am Feb 3, 2020 9:35am
see the ADR and free fall.
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Intraday only.
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