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Cable Update (GBPUSD)

  • #553,821
  • Oct 18, 2020 12:18pm Oct 18, 2020 12:18pm
Quoting Lastaccount
Brexit DEAL ! pound

What deal???

EU not that stupid
Beware of robber banks (RB), bad advisors.
  • #553,822
  • Oct 18, 2020 12:20pm Oct 18, 2020 12:20pm
Quoting thevisitor
{quote} dumb demo trader
Is your mom ...


Have you seen my two Live accounts??

Your mom has....
Beware of robber banks (RB), bad advisors.
  • #553,823
  • Oct 18, 2020 1:45pm Oct 18, 2020 1:45pm
Quoting Not-KPMG
{quote} What deal??? EU not that stupid
if you not stupid, give the best answer why no deal, not just 'EU not stupid' i can say 'UK not stupid' too

Kalo elu ngak bisa kasi alasan, mungkin akun demo yang ratusan ribu dolar bisa buat EU ngak stupid
  • #553,824
  • Edited Oct 19, 2020 5:08am Oct 18, 2020 1:45pm | Edited Oct 19, 2020 5:08am
Market not even open already 20 pips down...

1.2895 now.... Let's see 1.25.... Though it'll take time and spikes up and faking....
Beware of robber banks (RB), bad advisors.
  • #553,825
  • Oct 18, 2020 1:46pm Oct 18, 2020 1:46pm
Quoting Lastaccount
{quote} if you not stupid, give the best answer why no deal,.. Blaaaaaaa

Dumfooo

Would a normal person work with jokers???

Why would a country... . No... 27 countries deal with twisted shenanigans???

Dumfooooo
Beware of robber banks (RB), bad advisors.
  • #553,826
  • Oct 18, 2020 1:50pm Oct 18, 2020 1:50pm
Hint for morons :

They did sign Brexit memorandum last December..... Duuuhhh

Now Bozo running away


What deal?
Beware of robber banks (RB), bad advisors.
  • #553,827
  • Oct 18, 2020 1:55pm Oct 18, 2020 1:55pm
Let's price prove him self..

Better to lose an opportunity than losing money
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  • #553,828
  • Oct 18, 2020 3:58pm Oct 18, 2020 3:58pm
If you are tracking the GBPUSD this week, consider this technical perspective of a swing trader. On the daily time frame, the 1.30930 area represented a previous horizontal support area which has been breached by price action, and then been retested several times for a role flip. But there has not been any significant bearish follow-through as an area of consolidation of price action has formed just below it. Presently, the 1.29100 area is holding as a prevailing horizontal support on the daily time frame. A southward break will see bears contend with the significant 1.27340/1.27300 horizontal support area seen on the weekly time frame. Technicals on the daily time frame favour bears.


I may be wrong. Trade safe and prosper.

KP

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Do your homework, follow the footprints of smart money
  • #553,829
  • Oct 18, 2020 4:39pm Oct 18, 2020 4:39pm
The way I see the week playing out:

RED SQUARES = HIGH RISK

GREEN ARROWS = Best odds - waiting for an ETP pattern around support or resistance

I'm looking to keep playing this until the range breaks (my guess, after Nov 3rd since everything is probably going to range between now and the US election)

Just my view, if you agree let me know, i'm curious . thumbs up to vote?
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  • #553,830
  • Edited 5:50pm Oct 18, 2020 5:26pm | Edited 5:50pm
Quoting Coreg2004
{quote} You use the same Fibonacci ratios for timing as you use for the price(retracements and extensions)... {image}
Hi C
so if thats 17 down then about 17 up then thats 100% fib on time ? ,I can't find the tool that measures fib on time ?
Youre still the only person I've ever seen show timing like that, im scratching my head if its just so obvious or your adding something else
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #553,831
  • Oct 18, 2020 5:42pm Oct 18, 2020 5:42pm
Quoting fixme1too
If we get back down to 1.2880's I see long to 1.3020 area. Either way after hitting the 1.3020's area we will be short from the 1.3020's area... All the way down to 1.2760's area... This will be the play for next week....

Made it right to 1.2890 with the gap .... now the retrace to 2907 area before the continue ride up to mid 3020's
area.. is what I see....
  • #553,832
  • Oct 18, 2020 6:27pm Oct 18, 2020 6:27pm
Quoting fixme1too
{quote} Made it right to 1.2890 with the gap .... now the retrace to 2907 area before the continue ride up to mid 3020's area.. is what I see....
short term i see yes..but anything will happen if brexit headline comesout..for now no deal brexit is on the table amd covid19 concern risen.. it is bearish for pound...but as i said any good news will rocket the pound hahaha
Bismillah
  • #553,833
  • Oct 18, 2020 6:55pm Oct 18, 2020 6:55pm
Quoting krunfx
{quote} short term i see yes..but anything will happen if brexit headline comesout..for now no deal brexit is on the table amd covid19 concern risen.. it is bearish for pound...but as i said any good news will rocket the pound hahaha

3020's b4 short to mid 2700's... news is temporary makes market move crazy for brief moment then back to what was destined to .... 2900 b4 long this 2907 area coming up will not be the ultimate retest of the gap down that was predicted Friday... Happy trading and be ready for the MAJOR short at the 3020's area....
  • #553,834
  • Oct 18, 2020 7:46pm Oct 18, 2020 7:46pm
Quoting Not-KPMG
{quote} Blaaaaa Who cares about 14 months ago????? Blaaaa Did they cut UK rating Down
I think you misunderstood, what I meant is the value of 1.2875 is a support line for the 14 month average. The same area for moving averages of a lesser time frame. Not events of the last 14 months.
Be humble or be humbled.
  • #553,835
  • Oct 18, 2020 7:49pm Oct 18, 2020 7:49pm
Quoting Not-KPMG
Market not even open already 20 pips down... 1.2895 now.... Let's see 1.25....
I think all of those fundamentals are already factored into today's rates as markets are always forward-looking. No, 1.25 is not coming Lol!!
Be humble or be humbled.
  • #553,836
  • Oct 18, 2020 7:59pm Oct 18, 2020 7:59pm
Buy fibo must complete to 261.8 before retrace or more extend tp like my chart
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  • #553,837
  • Oct 18, 2020 8:25pm Oct 18, 2020 8:25pm
Quoting KeenPips
If you are tracking the GBPUSD this week, consider this technical perspective of a swing trader. On the daily time frame, the 1.30930 area represented a previous horizontal support area which has been breached by price action, and then been retested several times for a role flip. But there has not been any significant bearish follow-through as an area of consolidation of price action has formed just below it. Presently, the 1.29100 area is holding as a prevailing horizontal support on the daily time frame. A southward break will see bears contend...
Good analysis, well done.
Be humble or be humbled.
  • #553,838
  • Oct 18, 2020 9:05pm Oct 18, 2020 9:05pm
Short to 1.28622 again
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yes yes yes
  • #553,839
  • Oct 18, 2020 9:45pm Oct 18, 2020 9:45pm
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  • #553,840
  • Oct 18, 2020 10:00pm Oct 18, 2020 10:00pm
Quoting Moty
Short to 1.28622 again {image} {image}
Moty I am with you just sold at 1.129371 SL 30 Pips TP open
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