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Cable Update (GBPUSD)

  • #543,921
  • Aug 21, 2020 7:05am Aug 21, 2020 7:05am
I don't see that orange Trend line holding for very long.
Probably go next week from what I can see.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDWeekly.png Size: 29 KB
Click to Enlarge Name: GBPUSDMonthly.png Size: 25 KB
Compulsions can be hard to resist
  • #543,922
  • Aug 21, 2020 7:05am Aug 21, 2020 7:05am
Quoting vowan4ik
{quote} are you selling from top?
I have many trades as options ,some from mid some from top,
My best situ is bearish to 3 gmt ,but I have a few daily at 8gmt close
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #543,923
  • Aug 21, 2020 7:07am Aug 21, 2020 7:07am
Quoting seincard
{quote} also Gold ...
Possible
Wht grinding me now its the fact that usd whant to touch that higher level (ignore small boxes)
i though it would stop in this one but if the goal is to reach the higher one...then gbp will drop
Attached Image (click to enlarge)
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  • #543,924
  • Aug 21, 2020 7:08am Aug 21, 2020 7:08am
Inserted Video
not euphoria follower
  • #543,925
  • Aug 21, 2020 7:09am Aug 21, 2020 7:09am
dx is woken up , fly like the wind to 100
Attached Image (click to enlarge)
Click to Enlarge Name: dx1.png Size: 39 KB

every separation is 1 hour candle
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 34 KB
yes yes yes
  • #543,926
  • Aug 21, 2020 7:10am Aug 21, 2020 7:10am
Quoting Bones
{quote} I have many trades as options ,some from mid some from top, My best situ is bearish to 3 gmt ,but I have a few daily at 8gmt close
Why do you trade options?
Aren't they more difficult due to timing requirements?
Compulsions can be hard to resist
  • #543,927
  • Aug 21, 2020 7:14am Aug 21, 2020 7:14am
Quoting Marcieny
IF gu make a top smaller than the previous one in h4, in this consoliation..I consider bearish. maybe a good resistance.
What Beautiful Day
  • #543,928
  • Aug 21, 2020 7:15am Aug 21, 2020 7:15am
Quoting navk
{quote} that short call near 3250 is fantastic.
Thank you navk.
  • #543,929
  • Aug 21, 2020 7:19am Aug 21, 2020 7:19am
Quoting trumps
{quote} Why do you trade options? Aren't they more difficult due to timing requirements?
You don't need any stop ,it can go further than you think
no margin to speak of ,but they do have downsides like time ,and if you go too close to price then cost ,
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #543,930
  • Aug 21, 2020 7:20am Aug 21, 2020 7:20am
Quoting iqyu5an
https://youtu.be/gi7woGUCJtY
.... IQ bro ... follow the bro bro here ... to SELL GU ...
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM5WWW1.png Size: 55 KB
  • #543,931
  • Aug 21, 2020 7:21am Aug 21, 2020 7:21am
Quoting Bones
{quote} You don't need any stop ,it can go further than you think no margin to speak of ,but they do have downsides like time ,and if you go too close to price then cost ,
Right, pro's and con's
Compulsions can be hard to resist
  • #543,932
  • Aug 21, 2020 7:21am Aug 21, 2020 7:21am
Sell taken off at 1.3105 and 1.3124 area. Now the bulls may take control. Not ruling out 1.3080 area though.
Data + Stat + Risk/Emotions Management
  • #543,933
  • Aug 21, 2020 7:28am Aug 21, 2020 7:28am
Quoting trumps
{quote} Right, pro's and con's
I recommend them over direct market ,even with a stop theres still risk that stop wouldn't be triggered, very good for a daily outlook
market can squeeze even the pretty looking price ,you got to admit the daily is unusual.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #543,934
  • Aug 21, 2020 7:33am Aug 21, 2020 7:33am
if it breaks today it's very firm
Attached Image(s) (click to enlarge)
Click to Enlarge Name: use 2 GBPUSD-Daily.png Size: 61 KB
Click to Enlarge Name: even more GBPUSD-Daily.png Size: 45 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #543,935
  • Aug 21, 2020 7:34am Aug 21, 2020 7:34am
Quoting Bones
{quote} You don't need any stop ,it can go further than you think no margin to speak of ,but they do have downsides like time ,and if you go too close to price then cost ,
What broker do you use ? Mine does not offer forex options. If you prefer, please PM me. Thanks.
Observation is the path to discovery.
  • #543,936
  • Aug 21, 2020 7:41am Aug 21, 2020 7:41am
Quoting Alorente
{quote} What broker do you use ? Mine does not offer forex options. If you prefer, please PM me. Thanks.
I use IG ,never had any problems They have daily weekly monthly on the majors
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #543,937
  • Aug 21, 2020 7:43am Aug 21, 2020 7:43am
good pay check ,,, well done all
  • #543,938
  • Aug 21, 2020 7:47am Aug 21, 2020 7:47am
Quoting Bones
{quote} I recommend them over direct market ,even with a stop theres still risk that stop wouldn't be triggered, very good for a daily outlook market can squeeze even the pretty looking price ,you got to admit the daily is unusual.
Yes, the daily looks very unusual, that's why I'm not paying much attention to it
Compulsions can be hard to resist
  • #543,939
  • Aug 21, 2020 7:47am Aug 21, 2020 7:47am
everyone is quiet
seeing what new york will bring
Like your wife says, hold the fucking position until I tell you I'm done.
  • #543,940
  • Aug 21, 2020 7:49am Aug 21, 2020 7:49am
Quoting goldencalf
{quote} https://www.mql5.com/en/market/produ...RCz38C5pfboie4
Thank you very much.
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