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Cable Update (GBPUSD)

  • #555,201
  • Oct 28, 2020 4:41am Oct 28, 2020 4:41am
Quoting coldvinc
Damn, am I glad I closed my long yesterday XD
Smart boy, that makes you can buy again today...
I will tear the world apart for you.
  • #555,202
  • Oct 28, 2020 4:41am Oct 28, 2020 4:41am
Quoting gatenio
{quote} you right good sell, i think u can take off your tp.. we saw the high today, i want to see when day will close, above or below yesterday close. but i really think bulls are taking a step back.
it was a clear drop as i thought yesterday when i felt the price move too slowly into NY session.
still this is not a bear party right now, need to see where daily will close. anything can happen.

have a nice day.
  • #555,203
  • Oct 28, 2020 4:44am Oct 28, 2020 4:44am
Quoting nessus94
{quote} my target is still 1,2895-1,2905 for the leg down but 1,24 - 1,21 - 1,17 for the weekly
i am still waiting the ,12895-1,2905 target
Make money by doing the opposite of Giveachance aka loser
  • #555,204
  • Oct 28, 2020 4:54am Oct 28, 2020 4:54am
Will wait for the 1 hour close at least, since even in the last minute the market can completely reverse. But even then, I prefer to wait for the 4H close. Which in turn means I'd have to wait for a retrace before going short.
  • #555,205
  • Oct 28, 2020 5:03am Oct 28, 2020 5:03am
Quoting Tim_isoara
{quote} Invalid count. 3 can't be the shortest wave.
it Is not the shortest...btw i have my own labeling of waves and doing quite good
i am short...
  • #555,206
  • Oct 28, 2020 5:06am Oct 28, 2020 5:06am
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yes yes yes
  • #555,207
  • Oct 28, 2020 5:11am Oct 28, 2020 5:11am
holding my shorts
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  • #555,208
  • Oct 28, 2020 5:22am Oct 28, 2020 5:22am
Quoting thevisitor
{quote} it Is not the shortest...btw i have my own labeling of waves and doing quite good i am short...
Yes me too from yesterday
  • #555,209
  • Oct 28, 2020 5:23am Oct 28, 2020 5:23am
Quoting General Lee
holding my shorts {image}
Nice picture bro
  • #555,210
  • Oct 28, 2020 5:31am Oct 28, 2020 5:31am
if breaks 1.29783 it will go up to point c
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yes yes yes
  • #555,211
  • Oct 28, 2020 5:33am Oct 28, 2020 5:33am
cable this morning
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Twitter: Rummer_grapes
  • #555,212
  • Oct 28, 2020 5:34am Oct 28, 2020 5:34am
Now i see 1.31780
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  • #555,213
  • Oct 28, 2020 5:39am Oct 28, 2020 5:39am
Quoting gatenio
{quote} it was a clear drop as i thought yesterday when i felt the price move too slowly into NY session. still this is not a bear party right now, need to see where daily will close. anything can happen. have a nice day.
another thing, all the drop bears didnt left a real resistance, only some m5 crap..
lets see.
  • #555,214
  • Oct 28, 2020 5:42am Oct 28, 2020 5:42am
Quoting Moty
if breaks 1.29783 it will go up to point c {image}
watch the magic.
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  • #555,215
  • Oct 28, 2020 5:42am Oct 28, 2020 5:42am
Quoting gatenio
{quote} watch the magic. {image}
eagerly watching!
I play the trade gamble to feed my Porsche addiction.
  • #555,216
  • Oct 28, 2020 5:48am Oct 28, 2020 5:48am
This is why you wait for 4H candle close for a trend. If 4H still manages to close above or around 1.30 we most likely still won't move lower. All the pairs I'm watching are doing the same atm. They are about to break into a trend on the Daily, but just as they were about to break right before the close of the previous 4H they don't.

Now I have to wait for this 4H to close before I can see any confirmation. But we are already seeing a small plateau. For the Pound I don't see a sustained down move unless we clearly break and close below 1.2950 on the daily.

But holy crap, is it tempting to enter a short here.
  • #555,217
  • Oct 28, 2020 6:00am Oct 28, 2020 6:00am
GBPUSD H1:
We have a strong Bearish movement, if price goes back to the upper line, we may have a good safe price to join the movement.
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The trend lines you see on my charts, are created using Neural Networks
  • #555,218
  • Oct 28, 2020 6:07am Oct 28, 2020 6:07am
Quoting Moty
if breaks 1.29783 it will go up to point c {image}
Should be wise to keep your profits in your pocket and run.... Dont' give it back to market.. lol
  • #555,219
  • Oct 28, 2020 6:07am Oct 28, 2020 6:07am
GBPUSD Daily Charts:

It looks like the price wants to drop down to the lower line.
If it doesnt break, we have a perfect price for BUY long term.
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The trend lines you see on my charts, are created using Neural Networks
  • #555,220
  • Oct 28, 2020 6:12am Oct 28, 2020 6:12am
Quoting gatenio
{quote} watch the magic. {image}
The real magic is the magic number fibo 61.8 on daily and supported by daily close bellow fibo 50.0. We will see 28xxx today
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