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Cable Update (GBPUSD)

  • #555,801
  • Oct 30, 2020 6:32am Oct 30, 2020 6:32am
Just waiting my sell limit
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  • #555,802
  • Oct 30, 2020 6:36am Oct 30, 2020 6:36am
this is high of the day
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yes yes yes
  • #555,803
  • Oct 30, 2020 6:37am Oct 30, 2020 6:37am
So, everybody is waiting to enter shorts...on a strong upmove...in the middle of the day...on a friday...last day of the month. What could possibly go wrong?
Everyone can see the chart, but only a few can actually read it.
  • #555,804
  • Oct 30, 2020 6:40am Oct 30, 2020 6:40am
Quoting OnlineAddict
So, everybody is waiting to enter shorts...on a strong upmove...in the middle of the day...on a friday...last day of the month. What could possibly go wrong?
lol it's funny to me too, maybe they think DXY will start raising again and send cable all the way down.
  • #555,805
  • Oct 30, 2020 6:43am Oct 30, 2020 6:43am
Quoting Moty
this is high of the day {image}
don't try to tell the market where to go , let him tell you
  • #555,806
  • Oct 30, 2020 6:44am Oct 30, 2020 6:44am
.. hit the 2nd potential upside obstacle at the bottom of the zone which extends to 2992...ie the prev 1hr sw lo = prev supp=pot sbr (supp becomes res) zone, just shy of the steepest desc (descending) t/line.....1hr below. Seems bullish re 1hr pa so far. Any supply in this zone ?
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Trader with an Edge.
  • #555,807
  • Oct 30, 2020 6:45am Oct 30, 2020 6:45am
Quoting Roszey
{quote} i am with you boss {image}
Not yet in, waiting like you
COT: The precious data ignored
  • #555,808
  • Oct 30, 2020 6:54am Oct 30, 2020 6:54am
Quoting Tim_isoara
{quote} don't try to tell the market where to go , let him tell you
O.K , if it breaks 1.29625 , it's telling me
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yes yes yes
  • #555,809
  • Oct 30, 2020 6:55am Oct 30, 2020 6:55am
Quoting kuroro001
{quote} Not yet in, waiting like you
hey mate long time no see:-)
If you are new to Forex? Say Goodbye to your account!!
  • #555,810
  • Oct 30, 2020 7:00am Oct 30, 2020 7:00am
... another 1hr bullish body close...5th consecutively. Only 76.4% of y/day's 3025-2880 fall remains @ 2991 with 38.2% 3176-2880 @ 2993. 50% of that larger move @ 3027.
Trader with an Edge.
  • #555,811
  • Oct 30, 2020 7:04am Oct 30, 2020 7:04am
Quoting Moty
{quote} O.K , if it breaks 1.29625 , it's telling me {image} {image}
just 1.2962??? If dont brake 1.2936-15 area...
  • #555,812
  • Oct 30, 2020 7:05am Oct 30, 2020 7:05am
H4 and D1 beautiful long
  • #555,813
  • Oct 30, 2020 7:09am Oct 30, 2020 7:09am
Quoting KiwiTrada
{quote} hey mate long time no see:-)
Lost here and there mate

I miss the good old times in the eurusd thread with the old team
COT: The precious data ignored
  • #555,814
  • Oct 30, 2020 7:14am Oct 30, 2020 7:14am
... great 15min hanging man candle close right on that steepest desc t/line in that zone... Start of something or just a p/back in upmove ?
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Trader with an Edge.
  • #555,815
  • Oct 30, 2020 7:19am Oct 30, 2020 7:19am
Quoting kuroro001
{quote} Lost here and there mate I miss the good old times in the eurusd thread with the old team
yep, seems a lot nastier now, maybe markets got everyone on edge, been selling gold silver eu gu au nu buys swiss and cad pretty hard last two months, had a feeling something bigs in the making, been doing pretty good, larger tfs in play, got cad data in 15mins, 4hr looking really dicey right now, h&s with the present ltl also neckline which this 4hr just tapped, eyeball was on 1 13000 seems to have held for now dont want that neckline to give??
If you are new to Forex? Say Goodbye to your account!!
  • #555,816
  • Oct 30, 2020 7:22am Oct 30, 2020 7:22am
Quoting Headland
... great 15min hanging man candle close right on that steepest desc t/line in that zone... Start of something or just a p/back in upmove ? {image}
do you mind me asking who gives you zero spread??? cheers
If you are new to Forex? Say Goodbye to your account!!
  • #555,817
  • Oct 30, 2020 7:24am Oct 30, 2020 7:24am
Quoting gatenio
back to pc pending sell {image}
out +18

i think now we should wait, my gmt time 4h is damn big..they may take it lil higher, next trade may be the trendline.
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  • #555,818
  • Oct 30, 2020 7:25am Oct 30, 2020 7:25am
Quoting KiwiTrada
{quote} yep, seems a lot nastier now, maybe markets got everyone on edge, been selling gold silver eu gu au nu buys swiss and cad pretty hard last two months, had a feeling something bigs in the making, been doing pretty good, larger tfs in play, got cad data in 15mins, 4hr looking really dicey right now, h&s with the present ltl also neckline which this 4hr just tapped, eyeball was on 1 13000 seems to have held for now dont want that neckline to give??
in other words you have been buying dollar like crazy
me too! long dollar on the way, but with election coming who knows what's next, and the brexit story is driving me crazy

Rising gu is just an opportunity to sell at better price
i have sold gu 2982 for some pips, who knows if its a runner or not

but looking at copper, corn, cocoa short...i feel like usd will be massively bought
COT: The precious data ignored
  • #555,819
  • Oct 30, 2020 7:29am Oct 30, 2020 7:29am
Quoting Bones
you can't separate them right now there both linked to $ and $ is the busy bee {image}
this is very high probability down ,we know these charts are connected
so you can look and they end up moving the same way but it's not exact
it's very close in this year is my observation.
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #555,820
  • Oct 30, 2020 7:35am Oct 30, 2020 7:35am
uk will have to lock down , they can't get away with local
it's the Brexit deal that holds price up ,I'm not sure how under valued gbp is.In the end there could be bigger stories at play
last spike tweet said early Nov deal is poss, I'm wondering if theres any news on this crucial last day of month...
On-site guru & also FF member's' psychiatrist, when not drinking tea
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