Cable Update (GBPUSD) | Page 27284 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

GBP/USD

Similar Threads

Cable Update - Continued 118 replies

Cable Update (GBP/USD) without Idiots 25 replies

cable short for gbpusd? 10 replies

Why is GBPUSD called cable? 76 replies

Cable (GBPUSD) vs Euro (EURUSD) 31 replies

Attachments: Cable Update (GBPUSD)
Exit Attachments

Cable Update (GBPUSD)

  • #545,661
  • Sep 1, 2020 12:07pm Sep 1, 2020 12:07pm
Quoting epzero
The thread is quiet, lots of bull are in no man's land lol, the fall continues



Great humour!
The price fell down just 100 pips or so below the 2020 top or something and how all bears are dancing around as they just won the war?!?
Maadik Hugiis. IQ 69.
  • #545,662
  • Sep 1, 2020 12:11pm Sep 1, 2020 12:11pm
Quoting danizani95
I think it's time for a little correction {image}
Closed +73
  • #545,663
  • Sep 1, 2020 12:11pm Sep 1, 2020 12:11pm
THE DROP IS HERE FOR SURE
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 21 KB
yes yes yes
  • #545,664
  • Sep 1, 2020 12:11pm Sep 1, 2020 12:11pm
Like what Moty use to say
“Drop like a Rock”
  • #545,665
  • Sep 1, 2020 12:12pm Sep 1, 2020 12:12pm
Quoting HaLBot
{quote} Whole bunch of sellers waiting there, now US stocks so far a tad down on opening except nasdaq and Dollar picking itself up of the floor.... LOL Dollar hasn't been this bad since 2017....
That's when I give the dollar a hand & pick it up
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #545,666
  • Sep 1, 2020 12:13pm Sep 1, 2020 12:13pm
Quoting JayBag
Damnn.. before I could finish typing
are we still gonna see 1.35 today? hahaha the bear men are in town
  • #545,667
  • Sep 1, 2020 12:18pm Sep 1, 2020 12:18pm
Attached Image

Attached Image
Everyone can see the chart, but only a few can actually read it.
  • #545,668
  • Sep 1, 2020 12:18pm Sep 1, 2020 12:18pm
Quoting VM.
{quote} I guess,my question was, why the swing you can see on m30, does not count as swing 2 (or maybe it does?).

Its not a swing, a swing is made up of multiple sets of bars going up and down, so at the moment we are still in swing one, a dip is made up of one set of bars going in one direction
Follow The Markets Structure - Patience and Discipline
  • #545,669
  • Sep 1, 2020 12:19pm Sep 1, 2020 12:19pm
Quoting epzero
{quote} are we still gonna see 1.35 today? hahaha the bear men are in town
One thing for sure, you can’t time the market.. A wise trader don’t attempt to time it..

To answer your question without the today, depending on how strong we get a bounce here, 1.35 and more is likely. You can’t time the market

Stick around
  • #545,670
  • Sep 1, 2020 12:32pm Sep 1, 2020 12:32pm
Quoting Jonnybwoy
Like what Moty use to say “Drop like a Rock”
like a stone
Attached Image (click to enlarge)
Click to Enlarge Name: dx1.png Size: 28 KB
yes yes yes
  • #545,671
  • Sep 1, 2020 12:36pm Sep 1, 2020 12:36pm
For those not holding shorts, wait for a retrace toward 1.3410s to sell, price will bounce back to 1.3380s first
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #545,672
  • Sep 1, 2020 12:37pm Sep 1, 2020 12:37pm
Quoting JayBag
{quote} One thing for sure, you can’t time the market.. A wise trader don’t attempt to time it.. To answer your question without the today, depending on how strong we get a bounce here, 1.35 and more is likely. You can’t time the market Stick around
After a drop like that i don't see it buying back up
  • #545,673
  • Sep 1, 2020 12:37pm Sep 1, 2020 12:37pm
Quoting MoneyZilla
{quote} Great humour! The price fell down just 100 pips or so below the 2020 top or something and how all bears are dancing around as they just won the war?!?
i think that's the end of their parade, but lets see if they can clean up their mess tomorrow eh?
  • #545,674
  • Sep 1, 2020 12:41pm Sep 1, 2020 12:41pm
Quoting epzero
{quote} After a drop like that i don't see it buying back up
That’s the whole idea.. It should never be obvious.. Main reason I said stick around ..

SS
  • #545,675
  • Sep 1, 2020 1:02pm Sep 1, 2020 1:02pm
Looks like we will be ending today with a bearish hammer on the daily. Strong rejection off the 1.35 zone, a major resistance and round number. Dealers are net short as of last week (Last time they were net short was 10th Mar before the big drop) and I suspect will have been adding more shorts this week. All good reasons to be shorting this to the 1.30 area. I may be wrong.
  • #545,676
  • Sep 1, 2020 1:03pm Sep 1, 2020 1:03pm
Quoting Scotteyy
Looks like we will be ending today with a bearish hammer on the daily. Strong rejection off the 1.35 zone, a major resistance and round number. Dealers are net short as of last week (Last time they were net short was 10th Mar before the big drop) and I suspect will have been adding more shorts this week. All good reasons to be shorting this to the 1.30 area. I may be wrong.
6 hours bro.. dont rush to sum it up
  • #545,677
  • Sep 1, 2020 1:06pm Sep 1, 2020 1:06pm
Quoting gatenio
{quote} 6 hours bro.. dont rush to sum it up
Very true however there is rarely much volume around this time.
  • #545,678
  • Sep 1, 2020 1:09pm Sep 1, 2020 1:09pm
Quoting Scotteyy
{quote} Very true however there is rarely much volume around this time.
1.42 will get test soon, imo before end of the day.
it will be interesting
  • #545,679
  • Sep 1, 2020 1:18pm Sep 1, 2020 1:18pm
Quoting gatenio
{quote} 6 hours bro.. dont rush to sum it up
when it wants to fall it fall even in Asia and during London open, so any buy trap will wait till next year
  • #545,680
  • Sep 1, 2020 1:21pm Sep 1, 2020 1:21pm
still not clear break , took a little long , useally i get wipe out with this moves
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gu1.png Size: 35 KB
Click to Enlarge Name: gu2.png Size: 32 KB
yes yes yes
188 traders viewing now, 1 is registered: