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Cable Update (GBPUSD)

  • #553,161
  • Oct 14, 2020 1:21pm Oct 14, 2020 1:21pm
Quoting nessus94
{quote} Done to the pip 1,2904/1.2925 zone will face the same destiny
Let me give you a little clue, although this was before when swaps made sense, not so much now. But here it is:

Usually when interest rate differential was high leading to high triple swaps on Wednesdays, and London and NY buy EU and GU on a Wednesday, expect even much higher prices on Thursday.

My point: 2900 will not happen before Friday, if it happens at all this week. Tomorrow more spikes will come on both EU and GU.
  • #553,162
  • Edited 1:43pm Oct 14, 2020 1:27pm | Edited 1:43pm
If I can say...too many bad words during the last days..I Ve joined this thread recently but we should keep it as clear as possible, posting our view and that's it.

If someone has a different view, we can discuss that and try to understand why and maybe learn something new, or teach something new to someone else.

Knowledge is the most powerful thing, not only in trading, but in the life, I try to keep an open mind, as I'm sure most of us are trying to do.

Is useless to attack somebody when is wrong, and when someone is right doesn't become a god suddenly.

Market is extremely volatile, many news moving the price with strong moves (Brexit, fiscal stimulus,vaccine, lockdowns) sometimes in our favour and sometimes against us.
We can't forecast that.
It could happen that technical analysis goes in second plan in this environment.
Sometimes we are right, sometimes we are wrong
Twitter: Rummer_grapes
  • #553,163
  • Oct 14, 2020 1:34pm Oct 14, 2020 1:34pm
Attached Image (click to enlarge)
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yes yes yes
  • #553,164
  • Oct 14, 2020 1:40pm Oct 14, 2020 1:40pm
I just wish everyone one who has insulted anyone here, yes even insults responding to insults, all are just as bad, no? Well I just wish these 10+ posts of these last days would be deleted.

I wish you all recognize it and delete and don't insult again here. I am and most here I believe are interested in your GBPUSD views and fun stuff ONLY, not your anger and lack of consideration for others.

Pip out

P.S delete yours that have ANYTHING BAD ABOUT ANOTHER and I'll delete mine. Make this a nice thread. Who agrees with me ?
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #553,165
  • Oct 14, 2020 1:44pm Oct 14, 2020 1:44pm
Quoting mtako
I just wish everyone one who has insulted anyone here, yes even insults responding to insults, all are just as bad, no? Well I just wish these 10+ posts of these last days would be deleted. I wish you all recognize it and delete and don't insult again here. I am and most here I believe are interested in your GBPUSD views and fun stuff ONLY, not your anger and lack of consideration for others. Pip out P.S delete yours that have nothing good and I'll delete mine. Make this a nice thread. Who agrees with me ?
well said.
  • #553,166
  • Oct 14, 2020 2:08pm Oct 14, 2020 2:08pm
GU will be around this area temporarily for sideways and waiting for momentum
my bias is bullish because price back to breakout area..
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  • #553,167
  • Oct 14, 2020 2:12pm Oct 14, 2020 2:12pm
closing all my sell i am not ready for this late night spike
  • #553,168
  • Oct 14, 2020 2:25pm Oct 14, 2020 2:25pm
I bought new hourly high
Attached Image (click to enlarge)
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yes yes yes
  • #553,169
  • Oct 14, 2020 2:27pm Oct 14, 2020 2:27pm
my projections for medium term.
The resistance that has been retested 4 times at 1.33-1.35 has potential for break.
This test retest indicates that the price eager to break resistance which has always failed to achieve the target above. then back down again to test the break level that was made earlier at 1.33

#Bullparty

regard.
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  • #553,170
  • Oct 14, 2020 3:23pm Oct 14, 2020 3:23pm
Quoting Moty
I bought new hourly high {image}
no offense mate but why do you close from one position and immediately dive into another without waiting a few mins???
  • #553,171
  • Oct 14, 2020 3:44pm Oct 14, 2020 3:44pm
Quoting epzero
closing all my sell i am not ready for this late night spike
being protective right? Asian would short it down
Keep the Lights on then you can catch the rise from the dark.
  • #553,172
  • Oct 14, 2020 4:04pm Oct 14, 2020 4:04pm
Quoting ricmaj
{quote} being protective right? Asian would short it down
it's still selling but i'm out and can sleep well, i only feel for Moty.
  • #553,173
  • Oct 14, 2020 4:08pm Oct 14, 2020 4:08pm
Quoting Moty
I bought new hourly high {image}
Mate, the market is closed, what are you doing.
  • #553,174
  • Oct 14, 2020 4:19pm Oct 14, 2020 4:19pm
Quoting xRedStaRx
{quote} Mate, the market is closed, what are you doing.
Huh? Is it friday already?
Everyone can see the chart, but only a few can actually read it.
  • #553,175
  • Oct 14, 2020 5:37pm Oct 14, 2020 5:37pm
Next pit stop 31287
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  • #553,176
  • Oct 14, 2020 7:16pm Oct 14, 2020 7:16pm
1.31000 HERE WE COME
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yes yes yes
  • #553,177
  • Oct 14, 2020 8:30pm Oct 14, 2020 8:30pm
Quoting Moty
1.31000 HERE WE COME {image} {image} {image} {image}
I think so Moty.
We closed below 1.3 on Tues, but Wed closed back above off weekly support.
Compulsions can be hard to resist
  • #553,178
  • Oct 14, 2020 8:37pm Oct 14, 2020 8:37pm
Even though it was still slowly but the price started moving upwards so I will buy when the price reversed slightly around the pivot . My target is 240 pips or 4 times the maximum risk I took. This October I have lost 3 times and it is inevitable but it can be limited and I hope that the trend will continue upward.

Happy trading on the increasingly interesting forex market and I wish you all luck.
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  • #553,179
  • Oct 14, 2020 9:56pm Oct 14, 2020 9:56pm
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  • #553,180
  • Oct 14, 2020 9:58pm Oct 14, 2020 9:58pm
small short sl 1.30391
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