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Cable Update (GBPUSD)

  • #552,461
  • Oct 12, 2020 4:42am Oct 12, 2020 4:42am
Welcome 9780
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  • #552,462
  • Oct 12, 2020 4:45am Oct 12, 2020 4:45am
Quoting greengp
{quote} i am manipulating indian stock market also
if 1.30014 goes to down t rend we could think about 1.29742/ m 30 ema 25 candles are down
  • #552,463
  • Oct 12, 2020 4:54am Oct 12, 2020 4:54am
Trying with long with tight stop. entry 3020 stop 2990 take profit dyinamic
Twitter: Rummer_grapes
  • #552,464
  • Oct 12, 2020 5:06am Oct 12, 2020 5:06am
Quoting greengp
{quote} if 1.30014 goes to down t rend we could think about 1.29742/ m 30 ema 25 candles are down
daily is week they are bulls not going to achieve 1.31441 or it could range
  • #552,465
  • Oct 12, 2020 5:07am Oct 12, 2020 5:07am
Quoting gatenio
pending long 1.3007
think i missed the best entry by 1+ pips..
bears cant break the SW zone on m30.. i will wait for one more hour and look for manual entry
  • #552,466
  • Oct 12, 2020 5:15am Oct 12, 2020 5:15am
Close my gj 20 pips
Trade with prediction = witch with her visions lol
  • #552,467
  • Oct 12, 2020 5:19am Oct 12, 2020 5:19am
Quoting greengp
{quote} daily is week they are bulls not going to achieve 1.31441 or it could range

1.30587 as it stands 1.30587 is the top if u flip chart to m 15 1.30365 is the left shoulder
  • #552,468
  • Oct 12, 2020 5:20am Oct 12, 2020 5:20am
let develop the theory that gi is ahead of the gu sometimes , and can give us clues where price will go.
you remember last week that i wonder if gu will go to 1.3 because gj already touched last high ?
and you saw that it goes
there after a few false breakdown wicks that didn't sec seed .
now gj tell us that it is going to at least the weekly pivot .
let's see.
either way i am trail stopping last hourly high for my short position that is now for be ,
and if price will break last hourly high , i will take long to daily r1
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yes yes yes
  • #552,469
  • Oct 12, 2020 5:31am Oct 12, 2020 5:31am
Probably the market is snobbing north england. Today pm will announce restriction in liverpool and other areas, they are talking about the closing of leisure and hospitalty for few weeks, greater london is avoiding this restrictions at the moment but is not immune as cases are rising.

Is that priced already?! lets see
Twitter: Rummer_grapes
  • #552,470
  • Oct 12, 2020 6:13am Oct 12, 2020 6:13am
h1 just made a fractal
could be a nice setup for long.
time it on m15 or such.
3030 seems a nice level.
in wondering about yourself, you forgot what you came here to be part of
  • #552,471
  • Oct 12, 2020 6:31am Oct 12, 2020 6:31am
Quoting Bacco
Probably the market is snobbing north england. Today pm will announce restriction in liverpool and other areas, they are talking about the closing of leisure and hospitalty for few weeks, greater london is avoiding this restrictions at the moment but is not immune as cases are rising. Is that priced already?! lets see
totally agree, the north south divide is saving the GBP today. If the government announces a circuit break lockdown on a national basis the i wouldn’t be surprised to see a drop to 1.26 area. Likewise if there isn’t any positive news from the Brexit talks we could see further drops. I’m still long from 1.3031 early Morning signal from IG indicates potential 1.315 area
Insane in the Brain..
  • #552,472
  • Oct 12, 2020 6:38am Oct 12, 2020 6:38am
Quoting BeeTogether
{quote} totally agree, the north south divide is saving the GBP today. If the government announces a circuit break lockdown on a national basis the i wouldn’t be surprised to see a drop to 1.26 area. Likewise if there isn’t any positive news from the Brexit talks we could see further drops. I’m still long from 1.3031 early Morning signal from IG indicates potential 1.315 area
At the moment politicians reported that are not considerating a national lockdown, but only regional, in the coming days could be the moment for south england too.
Brexit very uncertain. Looks like nobody want to step back so i dont really know how it will end, but i read that if the cant agree on the last issues they will probably sign for a "mini deal" regarding security laws etc...in case of no deal cable could go definetly lower than 1.26.
This is what i think, im not an economist, but never trust the papers or politicians 100%.

I remember Mr farange driving the prices of cable higher announcing that the pool was showing a "remain" (referendum to leave or remain in eu), but was totally fake news as he was positioned short on cable. He was involved with some hedge fund in that, and is against the law as is insider information, even worse because was a politician.
Twitter: Rummer_grapes
  • #552,473
  • Oct 12, 2020 6:49am Oct 12, 2020 6:49am
1.30060 and 1.30300 are key levels.
above 1.30300 we will go to 1.30900
below 1.30060 we will go to 1.29800
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yes yes yes
  • #552,474
  • Oct 12, 2020 7:01am Oct 12, 2020 7:01am
Quoting Moty
1.30060 and 1.30300 are key levels. above 1.30300 we will go to 1.30900 below 1.30060 we will go to 1.29800 {image}
yes
Intraday only.
  • #552,475
  • Oct 12, 2020 7:04am Oct 12, 2020 7:04am
Quoting Moty
1.30060 and 1.30300 are key levels. above 1.30300 we will go to 1.30900 below 1.30060 we will go to 1.29800 {image}
if only you have sold early you ought to be out by now, it got so close to pivot but didn't make it.
  • #552,476
  • Oct 12, 2020 7:06am Oct 12, 2020 7:06am
Quoting Moty
1.30060 and 1.30300 are key levels. above 1.30300 we will go to 1.30900 below 1.30060 we will go to 1.29800 {image}
switched to long
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yes yes yes
  • #552,477
  • Oct 12, 2020 7:08am Oct 12, 2020 7:08am
Quoting Moty
{quote} switched to long {image}
Thats more like it M..
I can tell you ready to stack up your account this week..

Good job
SS
  • #552,478
  • Oct 12, 2020 7:12am Oct 12, 2020 7:12am
if 1.3010 holds and the price continues above this level, the gu will target 1.3170, if it breaks below and keep under this level 1.3010 gu will drop.
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  • #552,479
  • Edited 7:26am Oct 12, 2020 7:14am | Edited 7:26am
Its a trap, still 2nd swing down to come for the hourly correction
Follow The Markets Structure - Patience and Discipline
  • #552,480
  • Oct 12, 2020 7:19am Oct 12, 2020 7:19am
Quoting animedia
soon or later gbp will hit 1.3050 and than drop like crazy
still waiting confirmation for drop or fly again
Join My Signal On Telegram at @forextradingforlivingsignal
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