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Cable Update (GBPUSD)

  • #554,441
  • Oct 22, 2020 8:29am Oct 22, 2020 8:29am
...only 70 pip range so far today......53% of 30 day adr...as 61.8% 3482-2675 contained the upside yesterday, so the 38.2% 2930-3176 contains the pullback/correction off y/day's 3176 hi so far - the start of a prev 4hr/dly swing hi zone = prev res = potential rbs....nice 1hr hidden bullish div pattern there. 4hr is below.

103% of 13week awr already reached at y/day's hi.
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.JPG Size: 40 KB
Trader with an Edge.
  • #554,442
  • Oct 22, 2020 8:34am Oct 22, 2020 8:34am
Quoting Headland
...only 70 pip range so far today......53% of 30 day adr...as 61.8% 3482-2675 contained the upside yesterday, so trhe 38.2% 2930-3176 contains the pullback/correction off y/day's 3176 hi so far - the start of a prev 4hr/dly swing hi zone = prev res = potential rbs....nice 1hr hidden bullish div pattern there. 4hr is below. 103% of 13week awr already reached at y/day's hi. {image}
only ha? spoiled child
70 for half day its fine + most brother pairs not moving much.
  • #554,443
  • Edited 9:17am Oct 22, 2020 8:40am | Edited 9:17am
Quoting gatenio
{quote} only ha? spoiled child 70 for half day its fine + most brother pairs not moving much.
lol - it's why I trade this instrument only......i. volatility with ii. frequent momentum and iii. big adr's -vs- low spread erosion. Add in ways to measure and see changes in i. and ii. that presents as repeating patterns, then add in iv. whether price is trending or ranging on t/f's of interest, and v. potential supp/res, and you have the makings of an edge on a great instrument.
Trader with an Edge.
  • #554,444
  • Oct 22, 2020 8:41am Oct 22, 2020 8:41am
Quoting Headland
...only 70 pip range so far today......53% of 30 day adr...as 61.8% 3482-2675 contained the upside yesterday, so the 38.2% 2930-3176 contains the pullback/correction off y/day's 3176 hi so far - the start of a prev 4hr/dly swing hi zone = prev res = potential rbs....nice 1hr hidden bullish div pattern there. 4hr is below. 103% of 13week awr already reached at y/day's hi. {image}
daily low at least in the making
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 21 KB
yes yes yes
  • #554,445
  • Oct 22, 2020 8:44am Oct 22, 2020 8:44am
Quoting Moty
{quote} daily low at least in the making {image}

I have no idea mate.....the 30 day adr lo is currently 3021 but currently only a 39% chance of exceeding it based on last 30 trading days. G/L.
Trader with an Edge.
  • #554,446
  • Oct 22, 2020 8:46am Oct 22, 2020 8:46am
boom !!!
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gu2.png Size: 37 KB
Click to Enlarge Name: gu3.png Size: 30 KB
yes yes yes
  • #554,447
  • Oct 22, 2020 8:51am Oct 22, 2020 8:51am
Hari ini biasaaaaaa.. naik segan turun ga niat... wkwkwkwkwk
Trade with prediction = witch with her visions lol
  • #554,448
  • Oct 22, 2020 8:53am Oct 22, 2020 8:53am
Quoting Moty
boom !!! {image} {image}

Boom Shaka Laka
Inserted Video
Maadik Hugiis. IQ 69.
  • #554,449
  • Oct 22, 2020 9:21am Oct 22, 2020 9:21am
Quoting nessus94
{quote} it is hard to understand any of your posts

Use this button and problem is solved!
Attached Image
Maadik Hugiis. IQ 69.
  • #554,450
  • Oct 22, 2020 9:21am Oct 22, 2020 9:21am
Looks like my long trade not working out will see if it goes back over 13120 if not might take a hit.
Insane in the Brain..
  • #554,451
  • Oct 22, 2020 9:23am Oct 22, 2020 9:23am
Quoting Barnell
U.S. Initial Jobless Claims Fall to 787,000 in Latest Week. {quote} You got dumped today. {quote} USD buyers are in profits today!

Unfortunately... yes...
Maadik Hugiis. IQ 69.
  • #554,452
  • Oct 22, 2020 9:23am Oct 22, 2020 9:23am
So much going on the market - Cable has been bearish today - perhaps on account of the 200+ pip rally yesterday.
US data has been better than the UKs. Plus we have the issue of Brexit- and they US elections
Seems we have just the issues over fish to resolve - and its done
In addition Trump and Biden - go head to head tonight
Look ahead, Macro=Direction, Levels & Structure = Entry
  • #554,453
  • Oct 22, 2020 9:26am Oct 22, 2020 9:26am
Quoting MoneyZilla
{quote} Unfortunately... yes...
Look at gold...USD is king today!
I will tear the world apart for you.
  • #554,454
  • Oct 22, 2020 9:34am Oct 22, 2020 9:34am
...price testing deeper into that prev 4hr/dly sw lo zone 3083-3063 but plenty of other 4hr/1hr prev sw hi's (or lo's) and fibs too that might provide support if price tests deeper. 100pip + pullback/correction off the 3176 hi now. 1hr bullish hidden div pattern is still present....bulls will be looking for the pullback entry ?
Trader with an Edge.
  • #554,455
  • Oct 22, 2020 9:45am Oct 22, 2020 9:45am
go go go , don't stop until gu will crush
Attached Image (click to enlarge)
Click to Enlarge Name: gu3.png Size: 36 KB
yes yes yes
  • #554,456
  • Oct 22, 2020 9:48am Oct 22, 2020 9:48am
Quoting Arief-
60 pips risk if wave4 drop to golden ratio {image}
attracted to gravity
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM30.png Size: 49 KB
  • #554,457
  • Oct 22, 2020 9:48am Oct 22, 2020 9:48am
Quoting JayBag
{quote} Hey NOT, long time indeed..hope you good.

I see you been catching cruise with other traders lately.. who pissed you off bro?

yeah I am long and target for me is the moon just TA SS


All piss me off..
Crazy site ehh??


But LONG? Why...
Technical is not generally working on big frames... The Moon Is that listed as MN time frame??



Trade your green pops!!
So far zigzags.... But they will end...
Beware of robber banks (RB), bad advisors.
  • #554,458
  • Oct 22, 2020 9:55am Oct 22, 2020 9:55am
Quoting MoneyZilla
{quote} Use this button and problem is solved! {image}
51 years old but talking like a 10 years old kid

man, do something
Make money by doing the opposite of Giveachance aka loser
  • #554,459
  • Oct 22, 2020 10:01am Oct 22, 2020 10:01am
I have closed off a couple of GU shorts earlier on, as I deem it has reached possible short term supports.
See yellow lines.
I am neutral in GU direction from here. Not sure if it will go up or down....
Attached Image (click to enlarge)
Click to Enlarge Name: GU.JPG Size: 72 KB
  • #554,460
  • Oct 22, 2020 10:04am Oct 22, 2020 10:04am
A last bounce up possible around 1.3023 limit , breaks then go breakout arounds 1.2785 . so short in favour at any top! take care
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDM30.png Size: 30 KB
Click to Enlarge Name: GBPUSDH4.png Size: 31 KB
Click to Enlarge Name: GBPUSDWeekly.png Size: 33 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
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