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Cable Update (GBPUSD)

  • #555,701
  • Oct 30, 2020 1:57am Oct 30, 2020 1:57am
Quoting Moty
{quote} yes , you are right . the crooks need to make their short squeeze to 50 % retracement before lo but they will break to the down side at the end , wait for new hourly low {image} {image} {image}
Let's see what happens at Frankfurt Open.
I will tear the world apart for you.
  • #555,702
  • Oct 30, 2020 1:59am Oct 30, 2020 1:59am
last trading day of the month everyone needs to be very careful.
  • #555,703
  • Oct 30, 2020 2:03am Oct 30, 2020 2:03am
Quoting Moty
y's low at gj broke , go go go {image}
rarely does pa break without retest, pierce only at this stage?? however zoom out, way out on daily gj has pierce ltl of rising channel aka bear flag, which in fact has retested, and presently falling, with some major real-estate below, so yes maybe she could continue her fall, but really the entry zone was 141 80 utl, aka trading the range sell high buy low, right now is "hoping for breakout" bit more dangerous I think, bit like chasing a train to try catch a little ride rather than at station catching the real ride???
If you are new to Forex? Say Goodbye to your account!!
  • #555,704
  • Oct 30, 2020 2:07am Oct 30, 2020 2:07am
entered short at the break of fo candle low
Attached Image (click to enlarge)
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yes yes yes
  • #555,705
  • Oct 30, 2020 2:15am Oct 30, 2020 2:15am
Quoting KiwiTrada
{quote} rarely does pa break without retest, pierce only at this stage?? however zoom out, way out on daily gj has pierce ltl of rising channel aka bear flag, which in fact has retested, and presently falling, with some major real-estate below, so yes maybe she could continue her fall, but really the entry zone was 141 80 utl, aka trading the range sell high buy low, right now is "hoping for breakout" bit more dangerous I think, bit like chasing a train to try catch a little ride rather than at station catching the real ride???
141 80 was for cable similar situation gy utl tap was @ 137 80 smaller bear flag daily and 142 50 larger bear flag daily time will tell!
If you are new to Forex? Say Goodbye to your account!!
  • #555,706
  • Oct 30, 2020 2:16am Oct 30, 2020 2:16am
PA is completing his/her leg... today risk is high... today will be affected heavely by news.. not a good way to end the month.. ( make it or break it )...
i see no trade idea.. goodluck to everyone
end of the month, u r already a winner
  • #555,707
  • Oct 30, 2020 2:16am Oct 30, 2020 2:16am
Quoting Moty
entered short at the break of fo candle low {image}
why didn't you wait for DXY to test and reject the high? what if it fails to break it will fall madly and cos cable to buy. sometimes patient is everything
  • #555,708
  • Oct 30, 2020 2:16am Oct 30, 2020 2:16am
Quoting Moty
entered short at the break of fo candle low {image}
You are taking a risk.
Risk Management is of utmost importance!
  • #555,709
  • Oct 30, 2020 2:20am Oct 30, 2020 2:20am
Quoting Moty
entered short at the break of fo candle low {image}
brother your sl will be taking 100 time before tp.
will be ruff day, dont think the last two days scenario will happen again.
Wednesday and Thursday we saw a morning rise and 100+ drop straight.

check my 4h chart, massive S and the price time after time is making higher low. orange trendlines.
maybe its about time to break it, but im not sure if to trade it and not far from the support.
Attached Image (click to enlarge)
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  • #555,710
  • Oct 30, 2020 2:26am Oct 30, 2020 2:26am
I think that there are any strong reasons to buy ! why most of you searching for a buy instead of selling it !
  • #555,711
  • Oct 30, 2020 2:27am Oct 30, 2020 2:27am
Quoting RCtrader
{quote} You are taking a risk.
if i am right , it will pay up to me now .
if i am wrong , it will pay up to me later
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 36 KB
yes yes yes
  • #555,712
  • Oct 30, 2020 2:30am Oct 30, 2020 2:30am
Quoting Moty
{quote} if i am right , it will pay up to me now . if i am wrong , it will pay up to me later {image}
Rock it man
High risk High return!
  • #555,713
  • Oct 30, 2020 2:33am Oct 30, 2020 2:33am
Considering a small position to sell @ 1.2921, lets see
  • #555,714
  • Oct 30, 2020 2:36am Oct 30, 2020 2:36am
Quoting Moty
{quote} if i am right , it will pay up to me now . if i am wrong , it will pay up to me later {image}
in other words you can be wrong, mmm dangerous mentality retest of 135 00 if holds she should go down???
If you are new to Forex? Say Goodbye to your account!!
  • #555,715
  • Oct 30, 2020 2:37am Oct 30, 2020 2:37am
Quoting Moty
{quote} if i am right , it will pay up to me now . if i am wrong , it will pay up to me later {image}
if only you will listen to the crowd for once, DXY might reject, cable might buy with more than 150pips
  • #555,716
  • Oct 30, 2020 2:37am Oct 30, 2020 2:37am
Quoting KiwiTrada
{quote} in other words you can be wrong, mmm dangerous mentality retest of 135 00 if holds she should go down???
135 00 gj that is :-)
If you are new to Forex? Say Goodbye to your account!!
  • #555,717
  • Oct 30, 2020 2:44am Oct 30, 2020 2:44am
Quoting fxmasterdxb
Considering a small position to sell @ 1.2921, lets see
Took the short @ 1.2922, SL 1.2945 and TP 1.2895
  • #555,718
  • Oct 30, 2020 2:46am Oct 30, 2020 2:46am
Quoting Lock
Maybe I didn't underline an info here: this is the last GB session of October. 29185 is both the last week GB low and September GB close. So it clearly represents a very important level today as anyone want to see how and if October will close below September. And in fact note the Tokyo pretest of it with H period high...
Last GB session of October is going to open and price is almost exactly at September GB close 29185... the importance of market generated information.
Ubi maior minor cessat
  • #555,719
  • Oct 30, 2020 2:51am Oct 30, 2020 2:51am
Quoting epzero
{quote} if only you will listen to the crowd for once, DXY might reject, cable might buy with more than 150pips
i am listening only to the market
Attached Image(s) (click to enlarge)
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yes yes yes
  • #555,720
  • Oct 30, 2020 2:51am Oct 30, 2020 2:51am
Quoting epzero
{quote} if only you will listen to the crowd for once, DXY might reject, cable might buy with more than 150pips
although a correction might happen I can’t see 150 up. The bear force is too strong... I could be ( and have been) wrong many times
Insane in the Brain..
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