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Cable Update (GBPUSD)

  • #546,941
  • Sep 8, 2020 3:13pm Sep 8, 2020 3:13pm
It appears gbpusd will continue in the south direction during Asian trading session
  • #546,942
  • Sep 8, 2020 3:14pm Sep 8, 2020 3:14pm
Quoting ricmaj
{quote} i think it might dip through, the bounce might not occurred, the (1.25350) baseline is getting weighted for price to reach.
With brexit saga looking like a no agreement, I will not doubt the 1.25 level you are potentially sighting... See April - May 2012 after 4 consecutive months of buying, a crash of almost 1000 pips followed. 1.2950 / 1.2870 area looks more realistic at the moment. Also September range maximum of 750 pips (1.3481 - 750 pips) being 1.2730 may limit the bearish move.
Data + Stat + Risk/Emotions Management
  • #546,943
  • Sep 8, 2020 3:15pm Sep 8, 2020 3:15pm
Quoting Georginson
{quote} Stay calm mate.... Scalp account separate from swing account. Stop trolling. You can have short term account and medium term account... Entry from 1.3180 got stopped out earlier at 1.3100.
It is not trolling
it is stating the fact

you clearly Have no idea
you should stop trading and go Back to demo for a while
Make money by doing the opposite of Giveachance aka loser
  • #546,944
  • Sep 8, 2020 3:18pm Sep 8, 2020 3:18pm
Quoting nessus94
{quote} It is not trolling it is stating the fact you clearly Have no idea you should stop trading and go Back to demo for a while
I call long term and also short term... I did emphasize on projected 1.2870 area for medium term even with a bet with Jaybag. Please stay off me.
Data + Stat + Risk/Emotions Management
  • #546,945
  • Sep 8, 2020 3:19pm Sep 8, 2020 3:19pm
Quoting nessus94
{quote} I think you are totally lost in trading i will sum up you were short 1,25. Out at 1,3180 for 680 pips loss your analysis say shorts and now you keep looking for bounce you were long 1,3180 yesterday, another loss and you look for long again you have no clue what to do right ?
Hahahaha i was thinking i was the only one who noticed the 1.318 long he entered yesterday, after market sell he always come here to post crap, he said market should bounce around 1.318 and buy 200pip till date it has been selling and today he is saying something else, i think he is out of place with trading.
  • #546,946
  • Sep 8, 2020 3:20pm Sep 8, 2020 3:20pm
I don't like to boast, but I think I summarised the bearish case quite well before the fall started in these posts:
https://www.forexfactory.com/thread/...7#post13137027
https://www.forexfactory.com/thread/...2#post13151512
https://www.forexfactory.com/thread/...3#post13151513

I think the posts are still valid if you look for fundamentals (and some technicals) behind the fall.

The question is, what next? Unfortunately for pound, there is a lot of room to fall. From the high, EUR also fell 220 pips, so GBP fall is 250 pips dollar and 250 pips Brexit. And the bad news is: Brexit can deliver much, much more, AND dollar can deliver much, much more. And on top of that, second wave is coming in UK and Europe, and unemployment will spike in UK in the next two months.

(1/2)
  • #546,947
  • Sep 8, 2020 3:21pm Sep 8, 2020 3:21pm
Quoting nessus94
{quote} I think you are totally lost in trading i will sum up you were short 1,25. Out at 1,3180 for 680 pips loss your analysis say shorts and now you keep looking for bounce you were long 1,3180 yesterday, another loss and you look for long agrian you have no clue what to do right ?
Yup, big long term joker he is but be carefull, he might ignore you lol. He is very short tempered as well

The biggest jokers are the ones never talking about fundamentals but still like you to believe they have sound long game
  • #546,948
  • Sep 8, 2020 3:22pm Sep 8, 2020 3:22pm
Quoting nessus94
{quote} It is not trolling it is stating the fact you clearly Have no idea you should stop trading and go Back to demo for a while
since when did a swing trader start scalping hahaha wonders shall never end.
  • #546,949
  • Sep 8, 2020 3:25pm Sep 8, 2020 3:25pm
Quoting FreakingDon
{quote} Yup, big long term joker he is but be carefull, he might ignore you lol. He is very short tempered as well The biggest jokers are the ones never talking about fundamentals but still like you to believe they have sound long game
he lies too much that is my problem with him, he didn't even say where he got stopped out from his buy of 1.318, when you entered a trade you tell us but when it hit SL you go mute why??? he once said that he doesn't believe in fundamentals but now he is saying berixt ish very funny dude indeed
  • #546,950
  • Sep 8, 2020 3:26pm Sep 8, 2020 3:26pm
@Nessus94...
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Data + Stat + Risk/Emotions Management
  • #546,951
  • Sep 8, 2020 3:27pm Sep 8, 2020 3:27pm
Quoting VM.
I don't like to boast, but I think I summarised the bearish case quite well before the fall started in these posts: https://www.forexfactory.com/thread/...7#post13137027 https://www.forexfactory.com/thread/...2#post13151512 https://www.forexfactory.com/thread/...3#post13151513 I think the posts are still valid if you look for fundamentals (and some technicals) behind the fall. The question is, what next? Unfortunately for pound, there is a lot of room to fall. From the high, EUR also fell...
LOL every bear here on this forum had a million and one post of the sell to come, my question to you is this, did you enter the sell from 1.348 and did you close it at 1.298? if no then your just a joker.
  • #546,952
  • Sep 8, 2020 3:28pm Sep 8, 2020 3:28pm
Quoting FreakingDon
{quote} Yup, big long term joker he is but be carefull, he might ignore you lol. He is very short tempered as well The biggest jokers are the ones never talking about fundamentals but still like you to believe they have sound long game
Despitch now back as FreakingDon, you will soon get suspended again
Data + Stat + Risk/Emotions Management
  • #546,953
  • Sep 8, 2020 3:31pm Sep 8, 2020 3:31pm
Quoting Georginson
{quote} Despitch now back as FreakingDon, you will soon get suspended again
why do you get angry when someone tells you the truth ????
  • #546,954
  • Sep 8, 2020 3:31pm Sep 8, 2020 3:31pm
Quoting Georginson
{quote} Despitch now back as FreakingDon, you will soon get suspended again
Poor boy, go cry for your mom please..
  • #546,955
  • Sep 8, 2020 3:32pm Sep 8, 2020 3:32pm
Quoting VM.
I don't like to boast, but I think I summarised the bearish case quite well before the fall started in these posts: https://www.forexfactory.com/thread/...7#post13137027 https://www.forexfactory.com/thread/...2#post13151512 https://www.forexfactory.com/thread/...3#post13151513 I think the posts are still valid if you look for fundamentals (and some technicals) behind the fall. The question is, what next? Unfortunately for pound, there is a lot of room to fall. From the high, EUR also fell...
I'm aware of your posts and detailed summary of the bearish call ... There are short term moves in between medium term moves. Calling medium term target of 1.28 area and stating some short term buying opportunities ahead of the medium term target doesn't make you or anyone else clueless. There are few idiotic people on this thread that can't differentiate between short term and medium term calls.
Data + Stat + Risk/Emotions Management
  • #546,956
  • Sep 8, 2020 3:34pm Sep 8, 2020 3:34pm
Quoting epzero
{quote} why do you get angry when someone tells you the truth ????
He cant handle, typical looser story. Now short, medium, inter-medium and long term story. Just read: completely lost in the woods(..)
  • #546,957
  • Sep 8, 2020 3:40pm Sep 8, 2020 3:40pm
Quoting trumps
{quote} No touch on major TL's {image} {image}
I don't discount going to that high again ,thats a monthly line, multi year long ,the reaction speaks for itself
It's close enough for sure
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #546,958
  • Sep 8, 2020 3:41pm Sep 8, 2020 3:41pm
anyone believe that monthly can go bullish is wrong, in all probability.
it's September the 8th today, quote me on that change
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #546,959
  • Sep 8, 2020 3:42pm Sep 8, 2020 3:42pm
Quoting Georginson
{quote} I'm aware of your posts and detailed summary of the bearish call ... There are short term moves in between medium term moves. Calling medium term target of 1.28 area and stating some short term buying opportunities ahead of the medium term target doesn't make you or anyone else clueless. There are few idiotic people on this thread that can't differentiate between short term and medium term calls.
I appreciate your range trading analysis and basing trades on previous years but I find it hard to believe that it will be profitable in the long run. The market is ever evolving and this year especially with a massive fundamental change makes all these previous years ranges/expected directions obsolete do they not? I've seen you make some good calls with this analysis but it does seem flawed somewhat. Ah well more power to you if it works, good luck trading. (By the way I agreed with you on 1.28 before 1.35 so I am in no way bashing you just getting a perspective.)
  • #546,960
  • Sep 8, 2020 3:43pm Sep 8, 2020 3:43pm
Quoting FreakingDon
{quote} He cant handle, typical looser story. Now short, medium, inter-medium and long term story. Just read: completely lost in the woods(..)
he is just like JayBag thinking they know it all, now market has sold 500pips and JayBag is no where to be found, i guess he is gone with the wind
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