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Cable Update (GBPUSD)

  • #547,381
  • Sep 10, 2020 9:48am Sep 10, 2020 9:48am
News, as predicted:
https://www.forexlive.com/news/!/eu-...ement-20200910
  • #547,382
  • Sep 10, 2020 9:48am Sep 10, 2020 9:48am
Fucking hell man....why are people shorting this sooo fucking much, makes no fucking sense.
  • #547,383
  • Sep 10, 2020 9:49am Sep 10, 2020 9:49am
Quoting gatenio
last try long 1.2913 sl 20
another -20

the joke is on me..
thats it
  • #547,384
  • Sep 10, 2020 9:49am Sep 10, 2020 9:49am
So the next directions ?
  • #547,385
  • Sep 10, 2020 9:50am Sep 10, 2020 9:50am
Quoting Georginson
Bullish reversal daily candle yesterday, should price break the previous low of 1.2884 by more than 20 pips (1.2863), it will be a fake and paused daily reversal, meaning price will likely test 1.2740 in days ahead before final recovery to the upside. Should the low 1.2884 get defended yet again, then safe path to the northern area of 1.35. This is my view. Trade with caution. Peace.
You are clearly not a trader you have changed your mouth again , I tot you said it will go to 1.35 before coming down again ? You need to learn how to trade because you clearly don’t
  • #547,386
  • Sep 10, 2020 9:50am Sep 10, 2020 9:50am
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 79 KB
  • #547,387
  • Sep 10, 2020 9:51am Sep 10, 2020 9:51am
lol now, index beat the gbp?? omg
  • #547,388
  • Sep 10, 2020 9:51am Sep 10, 2020 9:51am
Quoting WhipKream
the fuck is EG doing?
Brexiters say that hard Brexit would benefit UK and hit Europe. Markets don't quite agree...
  • #547,389
  • Sep 10, 2020 9:53am Sep 10, 2020 9:53am
Quoting epzero
{quote} You are clearly not a trader you have changed your mouth again , I tot you said it will go to 1.35 before coming down again ? You need to learn how to trade because you clearly don’t
I don't understand neither his way of trading
he keeps shorting when it rises and when it falls he give up the sells, and he buys

he would be so much in profit if he kept shorting all the way to 1,35
Make money by doing the opposite of Giveachance aka loser
  • #547,390
  • Sep 10, 2020 9:56am Sep 10, 2020 9:56am
Entered short at 1.29475
Closed now 1.28876

60 points

not sure its ready to turn around yet, crossed VWAP SD2 @ 12920, must go to VWAP SD3 me thinks before reversing, and still space to move down, also london close / only US session switch did not happen yet, so theory of price move to extreme before switch is still in place
  • #547,391
  • Sep 10, 2020 9:56am Sep 10, 2020 9:56am
Quoting Bones
See if it can break first, beware bearish open after midnight gmt {image}
continuation pattern with high reliability on break ,tl there also small caution
see next h4 in 4 min
Attached Image (click to enlarge)
Click to Enlarge Name: 00001 GBPUSD-Daily.png Size: 19 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #547,392
  • Sep 10, 2020 9:57am Sep 10, 2020 9:57am
Quoting BitcoinBoff
Entered short at 1.29475 Closed now 1.28876 60 points not sure its ready to turn around yet, crossed VWAP SD2 @ 12920, must go to VWAP SD3 me thinks before reversing, and still space to move down, also london close / only US session switch did not happen yet, so theory of price move to extreme before switch is still in place
well done.. amazing
  • #547,393
  • Sep 10, 2020 9:58am Sep 10, 2020 9:58am
Quoting nessus94
{quote} I don't understand neither his way of trading he keeps shorting when it rises and when it falls he give up the sells, and he buys he would be so much in profit if he kept shorting all the way to 1,35
When he was saying the range for this month low was complete I told him to stop talking trash because brexit will drag the pounds down , now look at today , I was glad I had a 100pips free ride today . I can never buy cable
  • #547,394
  • Sep 10, 2020 9:59am Sep 10, 2020 9:59am
Quoting Georginson
Bought at 1.2916... target 1.3011... stop 1.2863
Stopped out and stand aside
Data + Stat + Risk/Emotions Management
  • #547,395
  • Sep 10, 2020 9:59am Sep 10, 2020 9:59am
Quoting spatel522
Fucking hell man....why are people shorting this sooo fucking much, makes no fucking sense.
It makes perfect sense. GU was at 1.19 about this time last year, when hard Brexit could happen with maybe 20% probability (and people understanding politics knew it wouldn't happen). Now it has maybe 80% probability (and most likely will happen), and the market awoke to it. On top of that, 1.35 was clearly an overstretch, the result of two months of incessant pound buying and dollar selling. Now dollar is also awakening. What you think should be the direction?
  • #547,396
  • Sep 10, 2020 10:00am Sep 10, 2020 10:00am
Quoting epzero
{quote} When he was saying the range for this month low was complete I told him to stop talking trash because brexit will drag the pounds down , now look at today , I was glad I had a 100pips free ride today . I can never buy cable
i think the same
i will not buy pound or maybe 1,2750 but let's wait the price to go there first
Make money by doing the opposite of Giveachance aka loser
  • #547,397
  • Sep 10, 2020 10:01am Sep 10, 2020 10:01am
Woooow...now no buy before 1.2770s, although slight support around 1.2830
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #547,398
  • Sep 10, 2020 10:02am Sep 10, 2020 10:02am
unreal
  • #547,399
  • Sep 10, 2020 10:02am Sep 10, 2020 10:02am
Long re entered 1.2858... extremely tight stop 1.2849
Data + Stat + Risk/Emotions Management
  • #547,400
  • Sep 10, 2020 10:05am Sep 10, 2020 10:05am
Quoting VM.
{quote} It makes perfect sense. GU was at 1.19 about this time last year, when hard Brexit could happen with maybe 20% probability (and people understanding politics knew it wouldn't happen). Now it has maybe 80% probability (and most likely will happen), and the market awoke to it. On top of that, 1.35 was clearly an overstretch, the result of two months of incessant pound buying and dollar selling. Now dollar is also awakening. What you think should be the direction?
i think pound is overvalued, but still, EU in no better shape, its like germany thinks italy and spain dont exist...
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