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Cable Update (GBPUSD)

  • #548,341
  • Sep 15, 2020 11:56pm Sep 15, 2020 11:56pm
Here is the confirmation
Attached Image (click to enlarge)
Click to Enlarge Name: CamScanner 09-16-2020 07.55.47_1.jpg Size: 115 KB
yes yes yes
  • #548,342
  • Sep 16, 2020 12:05am Sep 16, 2020 12:05am
Quoting KiwiTrada
{quote} pierced for now
hourly closed pierce only, 2nd hourly pierce in progress?
If you are new to Forex? Say Goodbye to your account!!
  • #548,343
  • Edited 12:51am Sep 16, 2020 12:06am | Edited 12:51am
Quoting Moty
Here is the confirmation {image}
usually, the drop or spike happens in London or NY after hourly/4hr resistance and support.

Very rarely in Asia this happens except Mondays.
Intraday only.
  • #548,344
  • Sep 16, 2020 12:55am Sep 16, 2020 12:55am
As for now i will looking to buy ,my view can change during PA development.

Cheers and green pips to all.
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #548,345
  • Sep 16, 2020 12:59am Sep 16, 2020 12:59am
Quoting navk
{quote} usually, the drop or spike happens in London or NY after hourly/4hr resistance and support. Very rarely in Asia this happens except Mondays.
My tp is daily pivot 1.28760
yes yes yes
  • #548,346
  • Sep 16, 2020 1:03am Sep 16, 2020 1:03am
Quoting Moty
{quote} My tp is daily pivot 1.28760
Out with 10 pips
Switched to long 1.28950
yes yes yes
  • #548,347
  • Sep 16, 2020 1:13am Sep 16, 2020 1:13am
Quoting Moty
{quote} Out with 10 pips Switched to long 1.28950

Don't you think that switch was to early.
Keep the Lights on then you can catch the rise from the dark.
  • #548,348
  • Sep 16, 2020 1:13am Sep 16, 2020 1:13am
Quoting Moty
{quote} Out with 10 pips Switched to long 1.28950
ha ha..
really fast..!!!
just for a cup of coffee...
  • #548,349
  • Sep 16, 2020 1:15am Sep 16, 2020 1:15am
Quoting KiwiTrada
{quote} hourly closed pierce only, 2nd hourly pierce in progress?
2nd hourly closed pierce only maybe bears losing the battle? (gold)
If you are new to Forex? Say Goodbye to your account!!
  • #548,350
  • Sep 16, 2020 1:18am Sep 16, 2020 1:18am
Quoting KiwiTrada
{quote} 2nd hourly closed pierce only maybe bears losing the battle? (gold)
$US appreciating across the board should help my shorts :-)
If you are new to Forex? Say Goodbye to your account!!
  • #548,351
  • Sep 16, 2020 1:18am Sep 16, 2020 1:18am
market is changing fast though...follow the market
  • #548,352
  • Sep 16, 2020 1:29am Sep 16, 2020 1:29am
Quoting zhaoming
market is changing fast though...follow the market
ha ha
GL mate
just for a cup of coffee...
  • #548,353
  • Sep 16, 2020 1:29am Sep 16, 2020 1:29am
Growing market fears of a no-deal Brexit held the GBP bulls on the defensive and capped the GBP/USD pair's recent recovery move from seven-week lows.
On the economic data front, better-than-expected UK consumer inflation figures extended some support to the British pound and helped limit any deeper losses. In fact, the headline CPI fell 0.4% in August as against -0.6% expected and rose 0.2% on a yearly basis. Meanwhile, core CPI decelerated to 0.9% YoY rate from 1.8% previous and beat market expectations of 0.6%.

Investors, however, seemed reluctant to place any aggressive bets, rather preferred to wait on the sidelines ahead of this week's key central bank events. The Fed is scheduled to announce its policy decision later this Wednesday. This will be followed by the BoE monetary policy update on Thursday, which will help determine the GBP/USD pair's near-term trajectory.

In the meantime, market participants will look forward to the release of the US Monthly Retail Sales figures for some short-term trading impetus later during the early North American session.

So i don't think there will be movement until later today.
  • #548,354
  • Sep 16, 2020 1:35am Sep 16, 2020 1:35am
Quoting epzero
Growing market fears of a no-deal Brexit held the GBP bulls on the defensive and capped the GBP/USD pair's recent recovery move from seven-week lows. On the economic data front, better-than-expected UK consumer inflation figures extended some support to the British pound and helped limit any deeper losses. In fact, the headline CPI fell 0.4% in August as against -0.6% expected and rose 0.2% on a yearly basis. Meanwhile, core...
investor...
depend what kind of them..
if scalpers..nothing wrong
because scalper they catch fast pips and out..
here is 70-75% is scalpers player.,
they only follow which direction the wind blow..
just for a cup of coffee...
  • #548,355
  • Sep 16, 2020 1:39am Sep 16, 2020 1:39am
Scalping in the zone..
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot at Sep 16 06-38-09.png Size: 107 KB
Le$$ I$ More
  • #548,356
  • Sep 16, 2020 1:41am Sep 16, 2020 1:41am
Quoting epzero
Growing market fears of a no-deal Brexit held the GBP bulls on the defensive and capped the GBP/USD pair's recent recovery move from seven-week lows. On the economic data front, better-than-expected UK consumer inflation figures extended some support to the British pound and helped limit any deeper losses. In fact, the headline CPI fell 0.4% in August as against -0.6% expected and rose 0.2% on a yearly basis. Meanwhile, core...
Yes, according to "Fxstreet" website
  • #548,357
  • Sep 16, 2020 1:41am Sep 16, 2020 1:41am
Quoting tenpix
{quote} Yes, according to "Fxstreet" website
oppssttt..
just for a cup of coffee...
  • #548,358
  • Sep 16, 2020 1:46am Sep 16, 2020 1:46am
Quoting tenpix
{quote} Yes, according to "Fxstreet" website
the fact remain that it's a news source so i don't get your , people will wait for the news, so market might be quiet until then
  • #548,359
  • Sep 16, 2020 1:48am Sep 16, 2020 1:48am
Attached Image (click to enlarge)
Click to Enlarge Name: gu3.png Size: 33 KB
yes yes yes
  • #548,360
  • Sep 16, 2020 1:48am Sep 16, 2020 1:48am
Quoting akim0895
{quote} investor... depend what kind of them.. if scalpers..nothing wrong because scalper they catch fast pips and out.. here is 70-75% is scalpers player., they only follow which direction the wind blow..
your right, the market is currently in scalping mode. I will wait till i get a clear direction, i can't afford to give back money i've made it's for kips
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