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Cable Update (GBPUSD)

  • #553,701
  • Oct 16, 2020 8:31am Oct 16, 2020 8:31am
the gbp is inside the big hourly candle of the earlier news
buy the low side and sell the high side until one side breaks big

move is contained until another news is making the gbp crazy
Make money by doing the opposite of Giveachance aka loser
  • #553,702
  • Oct 16, 2020 8:32am Oct 16, 2020 8:32am
Market really wants to keep afloat. I guess big guys were caught by surprise, and price will have to consolidate or go higher before dropping. But you can only defy gravity for so long.
  • #553,703
  • Oct 16, 2020 8:36am Oct 16, 2020 8:36am
Quoting VM.
Market really wants to keep afloat. I guess big guys were caught by surprise, and price will have to consolidate or go higher before dropping. But you can only defy gravity for so long.
Holy b*stards. we have pips to collect. maybe we can get a decent move next week. So far 100 pips down made by machines is half recoverd by humans...and daily candle still green....
Twitter: Rummer_grapes
  • #553,704
  • Oct 16, 2020 8:37am Oct 16, 2020 8:37am
Quoting Kanizaro
{quote} So SO we should expect to see further down side. ?
1.29 now....

Thinking 1.25 then lower.. Wait spikes... Wait lies... Sell...

Not-KPMG accepting thanks
Beware of robber banks (RB), bad advisors.
  • #553,705
  • Oct 16, 2020 8:38am Oct 16, 2020 8:38am
Hell of a crazy market.

Attached Image (click to enlarge)
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#Stay blue. /swinger/scalper/
  • #553,706
  • Oct 16, 2020 8:39am Oct 16, 2020 8:39am
Quoting Not-KPMG
{quote}... It'll be maybe up AGAIN on Bozo lies .

1.2980-3000-20 maybe....

Always sell higher, wait, sell.

I sold. 2960 too
I took some profit

Sue me
Beware of robber banks (RB), bad advisors.
  • #553,707
  • Oct 16, 2020 8:41am Oct 16, 2020 8:41am
Quoting pipcenturion
{quote} It is not an indicator. I do the computation on MS Excel Here's a screen shot for cable today {image}
interesting
Le$$ I$ More
  • #553,708
  • Oct 16, 2020 8:43am Oct 16, 2020 8:43am
Quoting VM.
Market really wants to keep afloat. I guess big guys were caught by surprise, and price will have to consolidate or go higher before dropping. But you can only defy gravity for so long.
Rght I just saw the statement
should be down ,I don't think the market believes when talks are open still.If he said he's not talking at all that would do it.
Anyway sounds a grave statement were going WTO in jan, with no movement eu side,
he's warning business and I don't think he's kidding.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #553,709
  • Oct 16, 2020 8:43am Oct 16, 2020 8:43am
What talks???

...
Quoting Georginson
{quote} .. price seem set to attack 1.3270 area in the medium term.

Buying at 1.28 area for a swing target of 1.32 Blaaaa November
Sooo .
Long? ??
1.32 ehh???
Let me know about that buy.

Marked for ridicule... Later

You can buy 1.20-23-25 too
Beware of robber banks (RB), bad advisors.
  • #553,710
  • Oct 16, 2020 8:46am Oct 16, 2020 8:46am
Quoting Not-KPMG
What talks??? ... {quote} Sooo . Long? ?? 1.32 ehh??? Let me know about that buy. Marked for ridicule... Later You can buy 1.20-23-25 too
rofl
Make money by doing the opposite of Giveachance aka loser
  • #553,711
  • Oct 16, 2020 8:49am Oct 16, 2020 8:49am
Quoting Not-KPMG
What talks??? ... {quote} Sooo . Long? ?? 1.32 ehh??? Let me know about that buy. Marked for ridicule... Later You can buy 1.20-23-25 too
I am in support of Georginson's view.

We will see 1.32XX pretty soon.
  • #553,712
  • Oct 16, 2020 8:51am Oct 16, 2020 8:51am
Quoting Bones
{quote} Yea I'm often not thinking about time right ,so what time range is ok for the up against down ? Also you go for the smaller pattern or clearer then see the development as you go ?
Bones, I use timing only when the market is trending and the instrument has clear swings...I compare # of bars in the swings in the same direction (one set) and as a retracement (second set) then I look in this time zone expecting reversal when the price gets into the support/resistance zone. Let's say we got move to the upside which lasted 16 bars and during that time instrument made 12345/ABC pattern, so I am not going to go long after 2-3 bars down because the timing doesn't support it...if I miss the eventual move to the upside because of shallow pullback or some news so be it. I will enter the long trade after 5, 8, or 13 bars down if I am triggered into the trade...
Always trade your own plan...I don't provide trading signals.
  • #553,713
  • Edited Oct 17, 2020 7:23am Oct 16, 2020 8:53am | Edited Oct 17, 2020 7:23am
Quoting josef
{quote} {image} {quote} Ok. {quote} Ok. Thank you so much and please . it was well worth it.

You're welcome.

With hard work and lots of thinking you can achieve it too.

Haven't seen anyone here make from $$500 to 45000 in a year without visible loss. Anyone ??
50000 pips was it.

Ofcourse it was demo

My real account is modest and barely 50- 60% a year.

Yeah tell me I suk
Beware of robber banks (RB), bad advisors.
  • #553,714
  • Oct 16, 2020 8:54am Oct 16, 2020 8:54am
Quoting Bones
I mean thats a beauty as is ,sell the spike you can't change it, only worse Boris will be furious today surely {image}
at the end of the day I don't believe this candle can have a lower wick ,but down further is not easy
it's confirm like that but break is better or no wick
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #553,715
  • Oct 16, 2020 8:54am Oct 16, 2020 8:54am
good evening and salam
1.2915 buy sl - 10
1.2895 sell sl + 10
be ready
  • #553,716
  • Oct 16, 2020 8:54am Oct 16, 2020 8:54am
Quoting Bones
{quote} Rght I just saw the statement should be down ,I don't think the market believes when talks are open still.If he said he's not talking at all that would do it. Anyway sounds a grave statement were going WTO in jan, with no movement eu side, he's warning business and I don't think he's kidding.
it seems that way, but then again that’s what he and his Merry men have been wanting all along.

there seems to be many rejections below 12900 however a sustained drop below 12860 will open the trap door. What’s helping right now is that Barnier said he will be in London next week. Today’s COVID update is to tell us what we know already I can’t imagine huge movement.

I believe potentially it will be a 12880-12920 range for the rest of the day
Insane in the Brain..
  • #553,717
  • Oct 16, 2020 8:55am Oct 16, 2020 8:55am
If 2845 breaks its goodbye 1.32 hello 2670 and a break of that its over for the pound on the other hand breaking the 3082 high its hello 3200 and higher
Follow The Markets Structure - Patience and Discipline
  • #553,718
  • Oct 16, 2020 8:55am Oct 16, 2020 8:55am
Bulls trap or break to the down side
For bulls we need to see a break of 1.29133
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yes yes yes
  • #553,719
  • Oct 16, 2020 8:57am Oct 16, 2020 8:57am
Quoting tiska
good evening and salam 1.2915 buy sl - 10 1.2895 sell sl + 10 be ready
w salam
  • #553,720
  • Oct 16, 2020 8:59am Oct 16, 2020 8:59am
Quoting pipcenturion
{quote} I am in support of Georginson's view. We will see 1.32XX pretty soon.
Frankly yes.
There's potential for 1.32 and 1.33. Soooo.???

Sell it

But it's certainly going to 1.20 area. It's just time....

Why would I buy some trash, hold for MISERABLE risky 300 pips when I can make 900-1200 pips.??? Why?

Forex is so simple.... Once you see behind the lies and the small frames and the MM.

Good trades all.

I don't begrudge anyone if they make 50-300 pips. Go ahead . . Not my money

.... But...
I find hilarious people here.

Ohhh an old saved picture. Sue me
Attached Image
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