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Cable Update (GBPUSD)

  • #555,141
  • Oct 27, 2020 2:58pm Oct 27, 2020 2:58pm
Quoting Barnell
{quote} Thank you, you're a kind man.
This pseudo forum has reached a new lowest duuuuum level.😳 😳
Beware of robber banks (RB), bad advisors.
  • #555,142
  • Oct 27, 2020 3:02pm Oct 27, 2020 3:02pm
Quoting Not-KPMG
{quote} This pseudo forum has reached a new lowest duuuuum level.
I'll cry later when I have the time.
I will tear the world apart for you.
  • #555,143
  • Oct 27, 2020 3:16pm Oct 27, 2020 3:16pm
And lockdown in france again!
Europe is ugly, lets see if markets take a hit soon
COT: The precious data ignored
  • #555,144
  • Oct 27, 2020 3:23pm Oct 27, 2020 3:23pm
Quoting kuroro001
And lockdown in france again! Europe is ugly, lets see if markets take a hit soon
Haven't you seen DAX? it's already made a H&Sh on daily.
  • #555,145
  • Edited 6:06pm Oct 27, 2020 3:36pm | Edited 6:06pm
Quoting ChiForex
Guys, anyone remembers what was the reason of the big crash in GU around 700pips 1.21-1.14 and in many pairs too in 18-3-2020?
here's what I think happened
though even the experts don't seem to understand fully all the programs the Fed dreamt up ,to prop it up
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot 2020-10-27 at 20.58.33.png Size: 111 KB
Click to Enlarge Name: 6 DJI-Monthly.png Size: 96 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #555,146
  • Oct 27, 2020 3:37pm Oct 27, 2020 3:37pm
Quoting shahab8b
{quote} Haven't you seen DAX? it's already made a H&Sh on daily.
I'm not really into pattern, but looking at the french CAC, i have been eyeing short and short over and over
I guess it could drift way lower

I wonder if it'll hit the EURO as well, or drag the dollar up
COT: The precious data ignored
  • #555,147
  • Oct 27, 2020 3:41pm Oct 27, 2020 3:41pm
Quoting kuroro001
{quote} I'm not really into pattern, but looking at the french CAC, i have been eyeing short and short over and over I guess it could drift way lower I wonder if it'll hit the EURO as well, or drag the dollar up
The correlations have been mixed for a while.

Here is the DAX H&Sh pattern.
Attached Image (click to enlarge)
Click to Enlarge Name: DAX1027.PNG Size: 70 KB
  • #555,148
  • Oct 27, 2020 3:49pm Oct 27, 2020 3:49pm
Quoting shahab8b
{quote} The correlations have been mixed for a while. Here is the DAX H&Sh pattern. {image}
Thanks for the chart

i hope it dives big, to buy cheap stocks
COT: The precious data ignored
  • #555,149
  • Oct 27, 2020 3:49pm Oct 27, 2020 3:49pm
USD boost. Not seen the news
I play the trade gamble to feed my Porsche addiction.
  • #555,150
  • Oct 27, 2020 3:58pm Oct 27, 2020 3:58pm
Quoting M3csl
USD boost. Not seen the news
market will take into account the worlwide lockdown, 2nd wave coming and bigger

Tighten your seatbelt
COT: The precious data ignored
  • #555,151
  • Oct 27, 2020 3:59pm Oct 27, 2020 3:59pm
Quoting Bones
{quote} here's what I think happened though even the experts don't seem to understand fully all the programs the Fed dreamt up ,to prop it up {image}
Nice chart but was asking about 18th day exclusively that saw a 700pip collapse.
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #555,152
  • Oct 27, 2020 4:06pm Oct 27, 2020 4:06pm
Quoting OnlineAddict
{quote} Banks were getting into long positions...nothing else really. Afterwards, every "analyst" tried to be smart and looked for a reason. If there was a reason, they would know beforehand. But then again...if they knew beforehand, they wouldn't be analysts for minimum wage, but traders.
It was a collapse. Out of curiosity how they decided 1.14 is a good bottom
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #555,153
  • Oct 27, 2020 4:06pm Oct 27, 2020 4:06pm
Quoting BeeTogether
{quote} That was when UK went into a full lockdown
OK thanks.
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #555,154
  • Oct 27, 2020 4:15pm Oct 27, 2020 4:15pm
Quoting ChiForex
{quote} Nice chart but was asking about 18th day exclusively that saw a 700pip collapse.
I don't think it was the lockdown in the Uk ,the whole move including that day was about the $ squeeze ,but a lot was happening at the same time
It was only the fed buy anything program that changed it around the 23rd
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 8- GBPUSD-Daily.png Size: 28 KB
Click to Enlarge Name: Screenshot 2020-10-27 at 21.19.14.png Size: 107 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #555,155
  • Oct 27, 2020 4:31pm Oct 27, 2020 4:31pm
Quoting Moty
{quote} i going for a small profit trade . you can double your equity if you catch 8 successful 10 pips trades in a raw , here is 2 , that one of them is 30 pips profit {image}
Moty can you please tell me settings of the clouds? I see them on screenshot (orange and blue)
  • #555,156
  • Oct 27, 2020 4:37pm Oct 27, 2020 4:37pm
Quoting Bones
{quote} I don't think it was the lockdown in the Uk ,the whole move including that day was about the $ squeeze ,but a lot was happening at the same time It was only the fed buy anything program that changed it around the 23rd {image} {image}
So the big red candle of 700pip in the 18th had no crucial news accompanied with?!

That candle actually established the low as the other candles just hovered around same level and above.
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #555,157
  • Oct 27, 2020 4:42pm Oct 27, 2020 4:42pm
Quoting Not-KPMG
{quote} This pseudo forum has
reached a new lowest duuuuum level.
Attached Image (click to enlarge)
Click to Enlarge Name: 20201022_002634.jpg Size: 270 KB
  • #555,158
  • Oct 27, 2020 4:45pm Oct 27, 2020 4:45pm
Am I right in thinking that if Biden wins the election next week the cable will go up?
Insane in the Brain..
  • #555,159
  • Oct 27, 2020 4:47pm Oct 27, 2020 4:47pm
Long at 1.3043, targeting 1.3094
  • #555,160
  • Oct 27, 2020 5:06pm Oct 27, 2020 5:06pm
Quoting Bones
{quote} I don't think it was the lockdown in the Uk ,the whole move including that day was about the $ squeeze ,but a lot was happening at the same time It was only the fed buy anything program that changed it around the 23rd {image} {image}
They also introduced central banks USD swap lines on March 19 (if I'm not mistaken about the date) which technically reversed the $ bull run.
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