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Cable Update (GBPUSD)

  • #553,381
  • Oct 15, 2020 9:27am Oct 15, 2020 9:27am
Quoting Kanizaro
{quote} I don't think you are trying to wish us bad luck .
Oh no!!!
Le$$ I$ More
  • #553,382
  • Oct 15, 2020 9:28am Oct 15, 2020 9:28am
this candle has taken the shaven element and is connected to cable
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 10 EURUSD-Weekly.png Size: 16 KB
Click to Enlarge Name: Screenshot 2020-10-15 at 15.27.23.png Size: 167 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #553,383
  • Oct 15, 2020 9:29am Oct 15, 2020 9:29am
Quoting malcolmb14
{quote} 940 is the key level ..... there was heavy supply all the way up on the move yesterday . look at the long wicks on the tops of the 60 min candles .... potential fake move ? might see 880 to 860 by days end today
Hi malcolm my old friend you are fine ? As always accurate and sharp . of curse 850
  • #553,384
  • Oct 15, 2020 9:29am Oct 15, 2020 9:29am
Quoting MoneyZilla
Lets hope, not far from now, he will be able to entertain us, again, using a little bit more gentle style? {image}
He has already opened another account with the same name but with a dot on the end, clearly has no respect for anyone or anything.
Follow The Markets Structure - Patience and Discipline
  • #553,385
  • Oct 15, 2020 9:30am Oct 15, 2020 9:30am
Quoting Moty
{quote} {image}{image}

Moty, i think you are safe w/o a SL, as I am praying to all Cable god(s) to bring the rate down to 1.2650.

However, knowing how god(s) daily business usually is run!?

My prayers simply does not get any desirable answers...

Maadik Hugiis. IQ 69.
  • #553,386
  • Oct 15, 2020 9:32am Oct 15, 2020 9:32am
I am shorting GBP in general, and have divided the position into GBPJPY and GBPUSD

GBPJPY, I am proposing that the rally from 21 Sep is a bearish flag, and GJ has broken below, and had tried to rally back but failed.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 46 KB



GBPUSD, I am proposing that the rally from 21 Sep is a correction, and GU has broken briefly below it twice, and also had difficulty sustaining above 1.30 psychological figure.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 46 KB



The usual BREXIT, COVID curfew and BOE's suggestion for negative rates, applies.
  • #553,387
  • Oct 15, 2020 9:34am Oct 15, 2020 9:34am
Quoting Kanizaro
{quote} Oh dear, what happened again?.
60 .... look at 60 ... sells today not buys
Blogging daily now at www.volume.zone
  • #553,388
  • Oct 15, 2020 9:35am Oct 15, 2020 9:35am
Quoting hussin naiji
{quote} Hi malcolm my old friend you are fine ? As always accurate and sharp . of curse 850
doing well ...... just came in to see the fighting lol
Blogging daily now at www.volume.zone
  • #553,389
  • Oct 15, 2020 9:35am Oct 15, 2020 9:35am
the key to this chart is take the last week, take out the daily yesterday today is ideal
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 10 GBPUSD-Weekly.png Size: 49 KB
Click to Enlarge Name: Screenshot 2020-10-15 at 15.34.20.png Size: 225 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #553,390
  • Oct 15, 2020 9:36am Oct 15, 2020 9:36am
Quoting malcolmb14
{quote} 60 .... look at 60 ... sells today not buys
Thank you.
  • #553,391
  • Oct 15, 2020 9:36am Oct 15, 2020 9:36am
Quoting Almo2312
{quote} this is to the clown who call DEMO DEMO ..{image} f### the trolls Cheers and trade safe

Interested to know how you came up with that clearly very good entry point short?
Follow The Markets Structure - Patience and Discipline
  • #553,392
  • Oct 15, 2020 9:40am Oct 15, 2020 9:40am
the way to work out that daily is risky is by working on weekly
Attached Image (click to enlarge)
Click to Enlarge Name: 11 GBPUSD-Daily.png Size: 47 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #553,393
  • Oct 15, 2020 9:40am Oct 15, 2020 9:40am
Quoting Bones
the key to this chart is take the last week, take out the daily yesterday today is ideal {image} {image}
Are we going to experience a spike again just like last week Friday?
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 20 KB
  • #553,394
  • Oct 15, 2020 9:43am Oct 15, 2020 9:43am
Quoting Kanizaro
{quote} Are we going to experience a spike again just like last week Friday? {image}
high doubt looks point of no return to me, monthly last is an engulf
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #553,395
  • Oct 15, 2020 9:44am Oct 15, 2020 9:44am
Quoting malcolmb14
{quote} all depends if he is swinger or day trader ... if he / she is day trader he is buying against the trend .. dangerous game . hourly 30 and 15 gbpusd is down trend at moment .... daily is consolidation ....
sorry,scalping mode...in and out...believe it or not
  • #553,396
  • Oct 15, 2020 9:48am Oct 15, 2020 9:48am
Quoting thevisitor
{quote} sorry,scalping mode...in and out...believe it or not
also daytrader .. but i trade with intraday trends not against .... its easy to go with the flow of the smartmoney

there is a suply line at 940 .. was tested start us .. easy sells for 60 pip
Blogging daily now at www.volume.zone
  • #553,397
  • Oct 15, 2020 9:49am Oct 15, 2020 9:49am
this $ example is probably right for this occasion
Attached Image (click to enlarge)
Click to Enlarge Name: 12 DX-Weekly.png Size: 50 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #553,398
  • Oct 15, 2020 9:50am Oct 15, 2020 9:50am
Quoting Kanizaro
{quote} Can I see your chat?
don't follow me.
sometimes my trading is very risky!
i love to trade countertrend...
  • #553,399
  • Oct 15, 2020 9:55am Oct 15, 2020 9:55am
Quoting pipfarm
{quote} Interested to know how you came up with that clearly very good entry point short?
Follow levels buddy and waiting for the right timing.
Sometimes its its work.. sometimes not.

Green pips buddy
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #553,400
  • Oct 15, 2020 9:55am Oct 15, 2020 9:55am
Quoting thevisitor
{quote} don't follow me. sometimes my trading is very risky! i love to trade countertrend...
That makes sense.
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