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Cable Update (GBPUSD)

  • #529,601
  • Jun 20, 2020 6:37am Jun 20, 2020 6:37am
Quoting Not-KPMG
{quote} Did you bang your head?
Only while trying to talk with you
Compulsions can be hard to resist
  • #529,602
  • Jun 20, 2020 6:37am Jun 20, 2020 6:37am
Quoting Georginson
{quote} Please... help each other, make out this market.
Now you are hitting on that girl???

That's low
Beware of robber banks (RB), bad advisors.
  • #529,603
  • Jun 20, 2020 6:38am Jun 20, 2020 6:38am
Quoting trumps
{quote} Only while trying to talk with you
I understand

It's hard to chat with me without reaching for the dictionary (library has sharp edges) , and smacking your head too with it.

Beware of robber banks (RB), bad advisors.
  • #529,604
  • Jun 20, 2020 6:40am Jun 20, 2020 6:40am
Quoting Not-KPMG
{quote} LOL. Your range??? Planned what???? 1.20???? First it'll not go that deep... Second...... When 1.45
I'll come back to this post when we hit 1.2 in the next month or 2
Compulsions can be hard to resist
  • #529,605
  • Jun 20, 2020 6:41am Jun 20, 2020 6:41am
Popped into my mind when I saw Onlinus, Trmpus and Georginson....
Attached Image
Beware of robber banks (RB), bad advisors.
  • #529,606
  • Jun 20, 2020 6:42am Jun 20, 2020 6:42am
Quoting Not-KPMG
{quote} I understand It's hard to chat with me without reaching for the dictionary (library has sharp edges) , and smacking your head too with it.
No, it's just hard to talk with an erratic, self obsessed control freak who broke out from an asylum.
No wonder you are getting a divorce
Compulsions can be hard to resist
  • #529,607
  • Jun 20, 2020 6:45am Jun 20, 2020 6:45am
yes, I see a big drop in my 4hr chart.

The drop started at 1.2600.

Next week after a small retrace, a good drop.. the whole week would get slaughtered.
Intraday only.
  • #529,608
  • Jun 20, 2020 6:46am Jun 20, 2020 6:46am
Quoting Not-KPMG
Popped into my mind when I saw Onlinus, Trmpus and Georginson.... {image}
Traders who are making money while you hold your bitcoin for past years
Compulsions can be hard to resist
  • #529,609
  • Jun 20, 2020 6:47am Jun 20, 2020 6:47am
Quoting trumps
{quote} I'll come
to this post when we hit 1.2 in the next month or 2
Hmmm

You may have misunderstood. Which is 88% of your deeds.

I always said Pound is going in the toilet. So I won't buy it, and hold shorts (sadly they are few).....
My target in future is 1.13-14.

What I said last weeks is 1.24 will oscillate....
So up and down around that....

I don't expect SOON to see 1.20. Later on yeahhh.

Soooo-- as always had to explain BASIC WORDS to a bilbo like you

Hi scmooo. What if it doesn't hit in 2 months???
Beware of robber banks (RB), bad advisors.
  • #529,610
  • Jun 20, 2020 6:51am Jun 20, 2020 6:51am
Quoting Not-KPMG
{quote} I understand It's hard to chat with me without reaching for the dictionary (library has sharp edges) , and smacking your head too with it.
Every time you come in here, you do your best to draw attention to yourself while turning the thread into a circus.
Just how insecure are you?
Is your wife getting all your money or something?
Are you having to liquidate your bitcointo pay her out?

Is that why you turn into a raving lunatic whenever someone says something you don't like?
Compulsions can be hard to resist
  • #529,611
  • Jun 20, 2020 6:52am Jun 20, 2020 6:52am
Quoting trumps
{quote} No, it's . . No wonder you are getting a divorce
You cretan.

I'm the one wanting a divorce !

This virus screwed everything up.... Plus stuff....

Moving out next months, lawyer stuff during summer holidays
Beware of robber banks (RB), bad advisors.
  • #529,612
  • Jun 20, 2020 6:55am Jun 20, 2020 6:55am
Quoting trumps
{quote} Traders who are making money while you hold your bitcoin for past years
Don't flatter yourself and that scatter brained warren of traders .

When 1.45

Haven't seen YOUR TRADES

as to my Bitcoin.... Yeaah it's hard sitting on my hands doin nothing , watching MY Bitcoin since 2015...
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Beware of robber banks (RB), bad advisors.
  • #529,613
  • Jun 20, 2020 6:57am Jun 20, 2020 6:57am
Quoting Not-KPMG
{quote} Hmmm You may have misunderstood. Which is 88% of your deeds. I always said Pound is going in the toilet. So I won't buy it, and hold shorts (sadly they are few)..... My target in future is 1.13-14. What I said last weeks is 1.24 will oscillate.... So up and down around that.... I don't expect SOON to see 1.20. Later on yeahhh. Soooo-- as always had to explain BASIC WORDS to a bilbo like you ...
Well, when you say "1.2??? First it'll not go that deep, second when 1.45", how else do we interpret that other than, you don't think it will go as deep as 1.2?.

Perhaps you should learn to communicate your ideas properly before posting.
Compulsions can be hard to resist
  • #529,614
  • Jun 20, 2020 6:58am Jun 20, 2020 6:58am
Quoting despichtt
{quote} I did not forget about you; you were the first one immediately going against my first call for no reason at all. You're just the rigth person to clarify a couple of things before I start ignoring you. No reason at all for calling me some troll for nothing is I was just cynical a bit you see; its not that I harresed him horribly something.. I was around on investing.com for quite some time and that place is really crowded with lots of broker agents trying to lure you to do horrible things. Good example is their cable forum. Some freak called...
When I was also out at Investing dot com cable forum. I don't think Daylight was a freak, she was actually a good technical trader. In Forex market, nothing is certain, and no one is a genius, shit do happen at times. I left investing forum because of the disorderliness there, and so many Rockies trying to claim professionalism, whereas they are not with wrong calls and chart analysis. I am here at forexfactory forum because of the maturity and orderliness here. My take is simple, and it is we all working together as one single unit of online Forex family inorder to help one another achieve greater heights in Forex trading. Cheers mate, take care.
It is all about the foreign exchange market.
  • #529,615
  • Jun 20, 2020 7:00am Jun 20, 2020 7:00am
Quoting Not-KPMG
{quote} You cretan. I'm the one wanting a divorce ! This virus screwed everything up.... Plus stuff.... Moving out next months, lawyer stuff during summer holidays
Oh bubba, did I hurt your feelings?
You're far too sensitive

and insecure...,

Next time you try to pick a fight, first make sure you can win.

Have fun next week.
Compulsions can be hard to resist
  • #529,616
  • Jun 20, 2020 7:04am Jun 20, 2020 7:04am
Quoting trumps
{quote} Every time ..
... e thread into a circus.

Is your wife getting all your money or something? Are you having to liquidate your bitcointo pay her out?.

.. raving lunatic whenever someone says something you don't like?
There are good questions. Reveal a lot ABOUT YOU

You may speak to your doctor to find the missing neurons and damage in your brain. Honestly you're in some problems

My last but one post (for a while).

1- this thread is funny, seeing monkeys trade is what make it circus Not my doing.

2. My wife is opposing divorce or separation and... is clingy in bed etc . No she won't get anything, nor she knows about my Bitcoin etc. And I'll be saving tons when I kick her out....
No I'm not selling bitcoin . I'm adding 500 dollars each month in crypto.

3- I have INTELLECTUAL HONESTY - that's why I don't respect morons (put hundreds names here)

Bye crybabies
Beware of robber banks (RB), bad advisors.
  • #529,617
  • Jun 20, 2020 7:11am Jun 20, 2020 7:11am
Quoting Not-KPMG
{quote} There are good questions. Reveal a lot ABOUT YOU You may speak to your doctor to find the missing neurons and damage in your brain. Honestly you're in some problems My last but one post (for a while). 1- this thread is funny, seeing monkeys trade is what make it circus Not my doing. 2. My wife is opposing divorce or separation and... is clingy in bed etc . No she won't...
Aaahhh, so that's why you have your money in bitcoinand had to go get a job. No wonder you turn into monkey going postal whenever someone says something negative about bitcoin.

Divorce must be hard. Trying to hide your cash and assets, but still needing traceable money to live.

I wish you all the best
Compulsions can be hard to resist
  • #529,618
  • Jun 20, 2020 7:34am Jun 20, 2020 7:34am
Quoting Not-KPMG
For people that go "Duuuuuuuhhhh pound strong duhhh" I can remind - negative rates are coming

Ohhh look u say sell....
Beware of robber banks (RB), bad advisors.
  • #529,619
  • Jun 20, 2020 7:35am Jun 20, 2020 7:35am
Quoting trumps
{quote} Well, when you say "1.2??? First it'll not go that deep, ... ", how else do we interpret that other than, you don't think it will go as deep as 1.2?.

Perhaps you should learn communicate your ideas properly before posting.
I see your trouble to read ... And process... Don't feel ashamed . U are good boy.

You should learn how to read, and keep MORE THAN ONE MEMORY in your head.
People can keep even 3 ideas in one head, imagine

Lemme explain .
Slowly...

Read slowly.... Deep breaths.....

Wait.... Did your blabber say 1.2???. We are already at 1.2***

I said 1.20. I said it's TOO DEEP for NOW.

1.20?? First it'll not go that deep, for NOW.

OK.???? First 1.23 and then LATER 1.20.

Dumfries expect 1.20 next lunch time. I say that it'll be slow and not quite NOW yet.

I know - difficult to digest the concept of time. Try


Quoting Not-KPMG
{quote} Not sure...
. but 1.22 seem easy. I see LONG TERM targets in the 1.1970 and 1.15. OK???
Noone said tomorrow .
. Bye for week or two
See bilbo??? 1.22 pound soon. 1.20 down the line..... 1.15...
Maybe soon maybe later
Sue me

Chart.... Not that I need chart.
Attached Image
Beware of robber banks (RB), bad advisors.
  • #529,620
  • Edited 10:59am Jun 20, 2020 7:44am | Edited 10:59am
Anyways, (back to gbpusd and you know - trading,) Strong Weekly bearish close and Friday's Daily candle too very bearish closing near it's lo, after a decisive downside breech of the ascending Daily trendline...right on/around that 61.8% fib shown on daily - 1st chart below @ that previous minor swing hi price pivot on this t/f...a case of resistance may become support ? HH, HL and LH now the last 3 fractal swings on this Daily t/f and when it occurs there will be a L too which is a real (but not necessarily) fatal blow in any near-term upside ambitions in this pairing. Potential supports below shown and barring a few fibs left from the more minor swings lo's above that 2073 major swing up to the 2813 recent hi (visible on 4hr) - that's about it on this and the weekly t/f down to that 2073 swing point. Price has covered 83% of the 12 month amr so far this month of June.

The 100 ma's remain under the 200 ma's on both the Weekly and Monthly so you could say that the recent 2813 high was simply a pullback to the 100 week ma and of course that 23.6% fib of the major but prolonged Nov '07 hi to Mar '20 lo move mown, [76.4% of 3206-1411(Mar '20 lo) also thereabouts at that 2813 hi.] Weekly is 2nd chart below.


As we all keep hearing the underlying fundamental's for £ don't look good at the moment re Brexit - potential no deal (s,) Covid recession, Govt borrowing etc....but we have to remember that cable instrument is a pairing and we have the mighty or not so mighty $ on the other side so it may become a case of the least worst in the coming months, depending on the respective merits of each and of course in the context of the geo economic and political environment as it develops.

I wish everyone well for the trading week ahead.

Peace.
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