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Cable Update (GBPUSD)

  • #548,661
  • Sep 16, 2020 9:39pm Sep 16, 2020 9:39pm
Quoting nessus94
{quote} more shorts for me at 1,2981
Gotta love the shorts
Make money by doing the opposite of Giveachance aka loser
  • #548,662
  • Sep 16, 2020 9:51pm Sep 16, 2020 9:51pm
Quoting corongumet
Time to long. I think 1.31-1.32 touch this week
As for now I'm still bull searcher.
My view can be change ,this days yesterday and today
Are manipulation issue , let's see.

Green pips to all.
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #548,663
  • Sep 16, 2020 10:35pm Sep 16, 2020 10:35pm
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yes yes yes
  • #548,664
  • Sep 16, 2020 10:52pm Sep 16, 2020 10:52pm
Quoting Almo2312
{quote} As for now I'm still bull searcher. My view can be change ,this days yesterday and today Are manipulation issue , let's see. Green pips to all.
Yes sure. My view to buy, and sell for short selling. Possible 1.3120
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  • #548,665
  • Sep 16, 2020 11:07pm Sep 16, 2020 11:07pm
I love you mister horazental line value 1.29
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yes yes yes
  • #548,666
  • Sep 16, 2020 11:38pm Sep 16, 2020 11:38pm
Quoting VM.
Positioning ahead of FOMC started on Monday and indicates weaker dollar but I am not sure. Fed is very dovish already (and this is priced in), I doubt they will introduce more dovish measures today. So EUR/gold/GBP is likely to rise at least until US session and possibly until Fed, but this may be a bulls trap.

BOE meeting tomorrow, on the other hand, may be quite dovish. Don't think they will cut the rates just yet, but economy is in bad place, and they have to address it (or at least admit it).
FOMC played out as expected: very dovish, but not dovish enough for the markets (I guess market expectation is now "free money for everyone, forever"). I now think 1.3 was the target for the bulls, and we are probably going lower from there. There may be a fake move up, though; somewhat customary prior to BOE.
  • #548,667
  • Sep 16, 2020 11:50pm Sep 16, 2020 11:50pm
Good morning guys..
GU still bullish I guess.
23pips risk trade for me..
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Le$$ I$ More
  • #548,668
  • Sep 16, 2020 11:53pm Sep 16, 2020 11:53pm
dxy
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be patient
  • #548,669
  • Sep 16, 2020 11:57pm Sep 16, 2020 11:57pm
hourly close above 1.2965 and it may go more up

just my 2 cents

green pips to all
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #548,670
  • Sep 16, 2020 11:57pm Sep 16, 2020 11:57pm
Quoting VM.
{quote} FOMC played out as expected: very dovish, but not dovish enough for the markets (I guess market expectation is now "free money for everyone, forever"). I now think 1.3 was the target for the bulls, and we are probably going lower from there. There may be a fake move up, though; somewhat customary prior to BOE.
I agree, I believe it will go up to around 1.3 and then head down to below yesterday's low.
  • #548,671
  • Sep 17, 2020 12:04am Sep 17, 2020 12:04am
Quoting Moty
I love you mister horazental line value 1.29 {image}
i think you gotta this pair recently
  • #548,672
  • Sep 17, 2020 12:15am Sep 17, 2020 12:15am
Quoting Moty
I love you mister horazental line value 1.29 {image}
so you still don't wanna run away hmmm, the bounce was 4hrs ema21 which it might likely come back to test and break
  • #548,673
  • Sep 17, 2020 12:37am Sep 17, 2020 12:37am
This is 60 pips pattern
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yes yes yes
  • #548,674
  • Sep 17, 2020 12:48am Sep 17, 2020 12:48am
Quoting VM.
{quote} FOMC played out as expected: very dovish, but not dovish enough for the markets (I guess market expectation is now "free money for everyone, forever"). I now think 1.3 was the target for the bulls, and we are probably going lower from there. There may be a fake move up, though; somewhat customary prior to BOE.
Sold at 1.2956, will sell more if it gets to 1.3. Looks unlikely at the moment though, probably move to 1.296 was that fake move I expected.
  • #548,675
  • Sep 17, 2020 12:55am Sep 17, 2020 12:55am
Quoting Moty
This is 60 pips pattern {image}
I think it is going to 1.3038, which is the 38 Fib of the entire down move, before going to a new low.
Observation is the path to discovery.
  • #548,676
  • Sep 17, 2020 1:04am Sep 17, 2020 1:04am
G/M...4th consec daily bullish candle yesterday. 4hr channel top to channel bottom/asc t/line move, - also @ current dly lo = 61.8% of 2840-3007 and in the prev 4hr sw hi = prev res =pot rbs at the current dly lo. Boe Mpc later. 4hr below.
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Trader with an Edge.
  • #548,677
  • Sep 17, 2020 1:24am Sep 17, 2020 1:24am
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CLOSE UP
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yes yes yes
  • #548,678
  • Sep 17, 2020 1:25am Sep 17, 2020 1:25am
Its a beautiful thing... simple is best
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Emotional Control. Process, not outcome.
  • #548,679
  • Sep 17, 2020 1:27am Sep 17, 2020 1:27am
price likely to go up guys, 3025 target.

Risk is 2933.
Intraday only.
  • #548,680
  • Sep 17, 2020 1:30am Sep 17, 2020 1:30am
... 30min closes as a bullish hammer (ish)... Above y/day's hi the prev 1hr/4hr sw hi = prev res = pot res zone to 3034 with Dly R1 in there @ 3023 and above it 38.2% 3462-2762 @ 3037. Some 1hr upside obstacles before then.
Trader with an Edge.
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