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Cable Update (GBPUSD)

  • #554,261
  • Oct 21, 2020 3:20pm Oct 21, 2020 3:20pm
Quoting Ilvez
There... tomorrow, Moty. Just wait 30 minutes after LO. Or trade demo before if you must . }

I don't think I'll trust Moty with a demo. Even.

Too risky
Beware of robber banks (RB), bad advisors.
  • #554,262
  • Oct 21, 2020 3:21pm Oct 21, 2020 3:21pm
Quoting Mike9977
{quote} I see a slightly imperfect bearish Cypher on the weekly chart. The top of the entry zone extends to 1.3633.
Thanks Mike, I think that if we get to 1.363 we should expect also 1.37. We'll see.
  • #554,263
  • Oct 21, 2020 3:23pm Oct 21, 2020 3:23pm
This guy Onlinus, he was banned from Oanda demo, they mentioned in my pub, no idea why

LOL.

Quoting OnlineAddict
Yes, there will be 1.45, I Blablaaaa year 2018 now

It may take months or a year, I don't really care, I will keep buying the dips and.....few lies here by O.Add...... Good advice!
A YEAR. ..?? ? . One year only...... Been 2.5 years....

I'm saving this in my notes.
I'll laugh and pull it occasionally
Onlinus Addictus Longus
Beware of robber banks (RB), bad advisors.
  • #554,264
  • Edited 3:41pm Oct 21, 2020 3:31pm | Edited 3:41pm
Quoting Headland
3173/74 wkly R2 and 61.8% 3482-2675 also.
..Nice reg bearish div to 30min based short from there after the 239pip move up - it being the start of a prev 4hr sw lo zone = prev supp=potential sbr that extends to 3218. 186.3% of 30 day adr achieved at the hi. Wkly R3 is @/around 3263 with 76.4% of that move @ 3291. Dly is below.

Likely a very bullish daily candle close with 1hr/4hr in fractal uptrends and on dly a HH now (not a fractal swing yet) above last H. 20/50/100 ema's crossed up 10min - dly presently. 161.8% of the 3083-2862 last swing H-HL pullback on daily is @ 3218.
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Trader with an Edge.
  • #554,265
  • Oct 21, 2020 4:11pm Oct 21, 2020 4:11pm
All is good for now...
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Maadik Hugiis. IQ 69.
  • #554,266
  • Oct 21, 2020 4:26pm Oct 21, 2020 4:26pm
Quoting BeeTogether
{quote} the way it’s dropped I don’t think we will see 1.3 tomorrow
It didn't tomorrow but one day later
  • #554,267
  • Oct 21, 2020 4:29pm Oct 21, 2020 4:29pm
Quoting okanemici
{quote} Catch the long at 1.2980 only but that's OK
Riding the friendly skies, holding on my long really, tons of money made, Thursday should be a big up too then Friday should make a surprise unexpected drop.
  • #554,268
  • Oct 21, 2020 4:29pm Oct 21, 2020 4:29pm
Next stop 1.3480 and then 1.3680... Thank you very much!
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Maadik Hugiis. IQ 69.
  • #554,269
  • Oct 21, 2020 4:39pm Oct 21, 2020 4:39pm
Quoting MoneyZilla
Next stop 1.3480 and then 1.3680... Thank you very much! {image}
I like your daily chart and averages, that's what I use too. Good stuff
  • #554,270
  • Oct 21, 2020 5:57pm Oct 21, 2020 5:57pm
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Hmmm eur/gbp made a higher high while gbp/usd couldn't break its old low?
What does this all mean
Was something happening behind the scenes
  • #554,271
  • Oct 21, 2020 6:16pm Oct 21, 2020 6:16pm
Quoting ZTrader123
{image} Hmmm eur/gbp made a higher high while gbp/usd couldn't break its old low? What does this all mean Was something happening behind the scenes
...not all moves have 'meaning' ie specific identifiable reasons behind them barring net general market sentiment at the time of the move, and not all related pairings divergences have 'meaning' either, in the same way. On this occasion the £ was clearly stronger against the $ than against the € at that time. Whether you can extrapolate this particular instance/move (s) across these 2 pairings out into something wider or put it down to a a specific reason I don't know. In technical trading we don't really need to know why but just accept that everything is discounted into price and trade what we see.
Trader with an Edge.
  • #554,272
  • Oct 21, 2020 6:27pm Oct 21, 2020 6:27pm
Quoting MoneyZilla
Next stop 1.3480 and then 1.3680... Thank you very much! {image}
Wow ... that truly went against major retail sentiment as you shown in the previous image! Impressive.! loll
  • #554,273
  • Oct 21, 2020 7:35pm Oct 21, 2020 7:35pm
short sl 1.31779
  • #554,274
  • Oct 21, 2020 7:46pm Oct 21, 2020 7:46pm
Quoting ZTrader123
{image} Hmmm eur/gbp made a higher high while gbp/usd couldn't break its old low? What does this all mean Was something happening behind the scenes
Perhaps the EURGBP higher-high may not be a significant higher-high on a higher scale?
If the market follows the (green colour) falling channel, then EURGBP has not made any higher-high yet on a higher scale.

EURGBP 4hr. (attached using the UPLOAD FROM DEVICE option)
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  • #554,275
  • Oct 21, 2020 7:46pm Oct 21, 2020 7:46pm
ALL READY 40 PIPS DROP from major resistance at 1.31759
until London open it will 100
leave some pips from me
this is my resistance
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yes yes yes
  • #554,276
  • Oct 21, 2020 8:15pm Oct 21, 2020 8:15pm
Quoting Moty
ALL READY 40 PIPS DROP from major resistance at 1.31759 until London open it will 100 leave some pips from me this is my resistance {image} {image}
Good morning and good luck Moty...
I will tear the world apart for you.
  • #554,277
  • Oct 21, 2020 8:39pm Oct 21, 2020 8:39pm
dem i'm waiting whole day to drop a bit at least 50 pips. But when i sleep it drop 50 pips WTF
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #554,278
  • Oct 21, 2020 8:47pm Oct 21, 2020 8:47pm
papa bear is gone, saatnya mancing pantulan
looking for deep retraction before jump higher
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  • #554,279
  • Oct 21, 2020 9:07pm Oct 21, 2020 9:07pm
Quoting greengp
short sl 1.31779
i am adding small shorts
  • #554,280
  • Oct 21, 2020 9:26pm Oct 21, 2020 9:26pm
Quoting greengp
{quote} i am adding small shorts
i am targeting yesterdays 16.30 m 30 candle low
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