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Cable Update (GBPUSD)

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  • Post #548,781
  • Quote
  • Sep 17, 2020 11:01am Sep 17, 2020 11:01am
  •  msniper
  • Joined Oct 2007 | Status: Saudi Arabia/Dubai | 3,584 Posts
are we going to see Dollar getting strong soon once we break the neckline !
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  • Post #548,782
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  • Sep 17, 2020 11:02am Sep 17, 2020 11:02am
  •  buddha-
  • | Joined Feb 2019 | Status: Member | 1,452 Posts
i think more more up for sure, i will wait till friday close
 
 
  • Post #548,783
  • Quote
  • Sep 17, 2020 11:23am Sep 17, 2020 11:23am
  •  VM.
  • | Joined Feb 2020 | Status: Member | 629 Posts
Quoting OxyGen_FX
Disliked
{quote} This might also shows that GBP pairs are subjected to any stray/casual comments from UK Politicians on the BREXIT issues. This makes GBP pairs very volatile. There is no similar reaction from any other Majors. Pure GBP.
Ignored
This is of course correct.
However, when markets react to some news which are not new or important by any means, I suspect they follow their own agenda, using news as pretext.
 
1
  • Post #548,784
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  • Sep 17, 2020 11:45am Sep 17, 2020 11:45am
  •  Moty
  • Joined Dec 2017 | Status: Member | 24,029 Posts | Online Now
What will come first , 1.3 or 1.29?
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  • Post #548,785
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  • Edited 12:15pm Sep 17, 2020 11:49am | Edited 12:15pm
  •  Headland
  • Joined Apr 2020 | Status: Limited posting | 5,773 Posts | Online Now
..back at desk updating pot supp/res charts...nice moves I missed out on....that prev 1hr/4hr sw hi zone to 3006 - weds hi providing the res again on the strong bounce back up from the post Boe/Mpc low/current lo of the day. Price @ 105% of 30 day adr now and unusually no fib extensions off y/day's pip range bothered by such a daily range. After the 5th HL on 4hr what will be a L now at current daily lo but strong recovery from there so that t/f retains it's bullish tone for now. 4hr is below with provisional new asc t/line.
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Intraday swing trader @ 1Hr+ supp/res, & 5min+ sbr/rbs, via 1min+ set-ups
 
 
  • Post #548,786
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  • Sep 17, 2020 11:55am Sep 17, 2020 11:55am
  •  sameer99
  • | Joined Aug 2018 | Status: Member | 34 Posts
Any idea why GBPUSD suddenly spiked up for about in just a minute?
 
 
  • Post #548,787
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  • Edited 12:14pm Sep 17, 2020 12:01pm | Edited 12:14pm
  •  Headland
  • Joined Apr 2020 | Status: Limited posting | 5,773 Posts | Online Now
Quoting sameer99
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Any idea why GBPUSD suddenly spiked up for about in just a minute?
Ignored

...attributed to comments by some Eu bod about hopes of getting an Eu/Uk deal.

---------------------------------

Very good chance of a bullish weekly candle now because even if we get a strong selling day tomorrow-friday we may still end up with an inverted hammer on the weekly - which in and of itself is still considered a bullish candle.
----------------------------------
...today's daily candle could well end up as some kind of inverted hammer/inverted pinbar/hanging man ? Daily below.
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Intraday swing trader @ 1Hr+ supp/res, & 5min+ sbr/rbs, via 1min+ set-ups
 
4
  • Post #548,788
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  • Sep 17, 2020 12:08pm Sep 17, 2020 12:08pm
  •  Moty
  • Joined Dec 2017 | Status: Member | 24,029 Posts | Online Now
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  • Post #548,789
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  • Sep 17, 2020 12:23pm Sep 17, 2020 12:23pm
  •  msniper
  • Joined Oct 2007 | Status: Saudi Arabia/Dubai | 3,584 Posts
Quoting Moty
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{image}
Ignored
i see big drop around 250 pips down as long we remain 4h candles below 1.3020
 
 
  • Post #548,790
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  • Sep 17, 2020 12:31pm Sep 17, 2020 12:31pm
  •  Moty
  • Joined Dec 2017 | Status: Member | 24,029 Posts | Online Now
Wow !!!!
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  • Post #548,791
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  • Sep 17, 2020 12:32pm Sep 17, 2020 12:32pm
  •  BitcoinBoff
  • | Joined Aug 2019 | Status: Member | 385 Posts
Quoting epzero
Disliked
{quote} So you didn’t learn anything from all I’ve been saying to you
Ignored

So,

Where's that big mouth of " the guru", the one that likes to rule the roost ...????
 
2
  • Post #548,792
  • Quote
  • Sep 17, 2020 12:38pm Sep 17, 2020 12:38pm
  •  RCtrader
  • Joined Aug 2018 | Status: Joyful and Proud | 1,855 Posts
The price has retested yesterday's high. My projection is for the pair to continue its bullish moves.
September in the Spotlight
Risk Management is of utmost importance!
 
1
  • Post #548,793
  • Quote
  • Sep 17, 2020 12:42pm Sep 17, 2020 12:42pm
  •  Moty
  • Joined Dec 2017 | Status: Member | 24,029 Posts | Online Now
After 3 wonderful days with a total profit of 1200 $ , came a bad bad day.
When i was long in the morning, the market went down , when i shorted it on the breakdown it spiked.
Total loss for today is 500 $ , what i left after the last withdraw of 361 from 861
 
3
  • Post #548,794
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  • Sep 17, 2020 1:15pm Sep 17, 2020 1:15pm
  •  Whale
  • Joined Jun 2013 | Status: Underwater | 10,102 Posts | Online Now
Quoting Moty
Disliked
After 3 wonderful days with a total profit of 1200 $ , came a bad bad day. When i was long in the morning, the market went down , when i shorted it on the breakdown it spiked. Total loss for today is 500 $ , what i left after the last withdraw of 361 from 861
Ignored
I know you ignore me, but you will learn later to be humble and not arrogant. The market is bigger then fishs like us. sometimes it flows in our direction and sometimes not. You need to know when to release and when to take a profit.
Be kind, the money will follow
 
3
  • Post #548,795
  • Quote
  • Sep 17, 2020 1:20pm Sep 17, 2020 1:20pm
  •  hussin naiji
  • Joined Nov 2007 | Status: beginner | 7,740 Posts
Quoting Moty
Disliked
After 3 wonderful days with a total profit of 1200 $ , came a bad bad day. When i was long in the morning, the market went down , when i shorted it on the breakdown it spiked. Total loss for today is 500 $ , what i left after the last withdraw of 361 from 861
Ignored
My dear friend, always remember , In no time Do not report your profit .Avoid the evil eye If you believe
 
2
  • Post #548,796
  • Quote
  • Sep 17, 2020 1:39pm Sep 17, 2020 1:39pm
  •  ZTrader123
  • | Joined Apr 2020 | Status: Member | 418 Posts
Quoting BitcoinBoff
Disliked
{quote} So, Where's that big mouth of " the guru", the one that likes to rule the roost ...????
Ignored
Yeah this guy (epzero) loves to spread negativity anywhere he can, every comment he makes has some passive aggressive tone to it
 
 
  • Post #548,797
  • Quote
  • Sep 17, 2020 1:41pm Sep 17, 2020 1:41pm
  •  Cnvrsn
  • | Joined Feb 2020 | Status: Member | 66 Posts
Quoting Moty
Disliked
After 3 wonderful days with a total profit of 1200 $ , came a bad bad day. When i was long in the morning, the market went down , when i shorted it on the breakdown it spiked. Total loss for today is 500 $ , what i left after the last withdraw of 361 from 861
Ignored
Trading without stops is dangerous.
Gold f%cked me up in a similar way last week. I'm still trying to bounce back
 
 
  • Post #548,798
  • Quote
  • Sep 17, 2020 1:47pm Sep 17, 2020 1:47pm
  •  Scotteyy
  • Joined May 2020 | Status: Member | 758 Posts
Quoting Cnvrsn
Disliked
{quote} Trading without stops is dangerous. Gold f%cked me up in a similar way last week. I'm still trying to bounce back
Ignored
His margin call is his stop.
 
4
  • Post #548,799
  • Quote
  • Edited 2:20pm Sep 17, 2020 1:55pm | Edited 2:20pm
  •  Moty
  • Joined Dec 2017 | Status: Member | 24,029 Posts | Online Now
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  • Post #548,800
  • Quote
  • Sep 17, 2020 2:19pm Sep 17, 2020 2:19pm
  •  Moty
  • Joined Dec 2017 | Status: Member | 24,029 Posts | Online Now
Quoting hussin naiji
Disliked
{quote} My dear friend, always remember , In no time Do not report your profit .Avoid the evil eye If you believe
Ignored
it's not evil eye , but euphoria and greed and over confidence , and lost of control .
i saw this move coming up , and i didn't get out or put any stop loss
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