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Cable Update (GBPUSD)

  • #550,161
  • Sep 25, 2020 11:22am Sep 25, 2020 11:22am
Quoting trumps
{quote} If you are saying the line I drew (respected on daily and weekly tf's) is not a trend line, I would like to learn why.
I would call that a minor tl ,the other one which is a major line which has to the pip bounce and pivot +reaction.The best thing is see what next despite the fact I posted about 100 different reasons that tl it bounced off is good, when it was there.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #550,162
  • Sep 25, 2020 11:23am Sep 25, 2020 11:23am
Quoting Moty
{image}
you never know how to stop the bleeding
Make money by doing the opposite of Giveachance aka loser
  • #550,163
  • Edited 11:43am Sep 25, 2020 11:28am | Edited 11:43am
@moty

When price goes against you in such a strong manner you should know when to admit your trade is wrong, dropping down timeframes solves nothing as all your doing is looking at the rallies in the down swing and hoping

Good luck to you anyway
Follow The Markets Structure - Patience and Discipline
  • #550,164
  • Sep 25, 2020 11:28am Sep 25, 2020 11:28am
Quoting Moty
{image}
beware what we discussed about pivot points and price move based on daily open with respect to pivot.

It looks like bearish close today.

Monday could be another bearish day
Intraday only.
  • #550,165
  • Sep 25, 2020 11:33am Sep 25, 2020 11:33am
Quoting Moty
{image}
Moty, I love to play devil's advocate...here is my 30M chart (combine analysis from yesterday and today)...You know AB=CD is a continuation pattern with 70% accuracy that new low or high will be made after...of course there is 30% chances that it will fail ...correction is contained by parallel channel, if the market doesn't get inside the channel chances for continuation are greater...1.2640 is in play ...nothing is sure in this business and 100% bulletproof...
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GU 09.25.30M.b.png Size: 109 KB
Click to Enlarge Name: GU 09.25.daily.png Size: 84 KB
Always trade your own plan...I don't provide trading signals.
  • #550,166
  • Sep 25, 2020 11:33am Sep 25, 2020 11:33am
next week aiming for 1.28
  • #550,167
  • Sep 25, 2020 11:36am Sep 25, 2020 11:36am
Quoting Moty
{image}
I'm not sure what you're doing here, that's the exact opposite of your signature. The market is bearish, drawing lines won't make it go up.
  • #550,168
  • Sep 25, 2020 11:40am Sep 25, 2020 11:40am
Quoting xRedStaRx
{quote} I'm not sure what you're doing here, that's the exact opposite of your signature. The market is bearish, drawing lines won't make it go up.
I´m afraid you r right.
To make GU go up, you should at least hack forexlive.com and Livesqwack Twitter and post "Boris Johnson confirmed Brexit is cancelled for good!"
Markets will move to the right.
  • #550,169
  • Sep 25, 2020 11:43am Sep 25, 2020 11:43am
Quoting Moty
{quote} here {file}
Thank you for kind reply, but I mean that one have 3 lines like moving average color change maked blue and red , I didn't mean HeikenAshi
good luck
  • #550,170
  • Sep 25, 2020 11:43am Sep 25, 2020 11:43am
Sideways atm, mate.

Trade safe.

KP

Quoting xRedStaRx
{quote} I'm not sure what you're doing here, that's the exact opposite of your signature. The market is bearish, drawing lines won't make it go up.
Do your homework, follow the footprints of smart money
  • #550,171
  • Sep 25, 2020 11:43am Sep 25, 2020 11:43am
usdixback to 94.600 anybody?
  • #550,172
  • Sep 25, 2020 11:44am Sep 25, 2020 11:44am
Quoting FraterRedox
{quote} I´m afraid you r right. To make GU go up, you should at least hack forexlive.com and Livesqwack Twitter and post "Boris Johnson confirmed Brexit is cancelled for good!"
algo will temporary spike it up, then all the way down and bigger as it is false anyway
Make money by doing the opposite of Giveachance aka loser
  • #550,173
  • Sep 25, 2020 11:44am Sep 25, 2020 11:44am
Quoting HBN08
usdixback to 94.600 anybody?
97
Make money by doing the opposite of Giveachance aka loser
  • #550,174
  • Sep 25, 2020 11:45am Sep 25, 2020 11:45am
Quoting HBN08
next week aiming for 1.28
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 22 KB
CLOSE UP
Attached Image (click to enlarge)
Click to Enlarge Name: gu2.png Size: 27 KB
yes yes yes
  • #550,175
  • Sep 25, 2020 11:47am Sep 25, 2020 11:47am
Quoting nessus94
{quote} 97
Can be , i have a Ob there in 5Min chart.
But with not much time i think will go there again..i migth be wrong ofc
  • #550,176
  • Sep 25, 2020 11:48am Sep 25, 2020 11:48am
it's not 50-50 could go any way at all
Attached Image (click to enlarge)
Click to Enlarge Name: 01 GBPUSD-Monthly.png Size: 17 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #550,177
  • Sep 25, 2020 11:50am Sep 25, 2020 11:50am
index wanna punch down but no sign ( next week maybe )
  • #550,178
  • Sep 25, 2020 11:51am Sep 25, 2020 11:51am
Quoting Moty
{quote} {image}CLOSE UP{image}
For now yes , i think if we go down we can go to 1.28 again test it ...i expecting even if price goes up , i exspect some price confluence there but...who know
  • #550,179
  • Sep 25, 2020 11:52am Sep 25, 2020 11:52am
i go play some "warzone" video game,. enjoe and have a nice weekend all
  • #550,180
  • Sep 25, 2020 11:52am Sep 25, 2020 11:52am
Quoting buddha-
i go play some "warzone" video game,. enjoe and have a nice weekend all
In 2H in go for League of Legends xD
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