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Cable Update (GBPUSD)

  • #556,141
  • Nov 2, 2020 3:01am Nov 2, 2020 3:01am
Quoting dimitricss
{quote} Out.. and done... now look for gold... {image}
USD/CHF, DXY and XAU/USD all green...hmmmmm.
I will tear the world apart for you.
  • #556,142
  • Nov 2, 2020 3:02am Nov 2, 2020 3:02am
September/March type of fall.
Take advantage of it.
Patience.....
  • #556,143
  • Nov 2, 2020 3:03am Nov 2, 2020 3:03am
Quoting KiwiTrada
{quote} 1 2880 has been pierced, with or without retest, telling move, she has entered fresh air stress pierce, with short term potential for sub 1 2700 :-), work to do first
cable running into prvious daily lows, tho not putting up much of a fight, stress work to be done ? please supprot dizlxeia weke
If you are new to Forex? Say Goodbye to your account!!
  • #556,144
  • Nov 2, 2020 3:04am Nov 2, 2020 3:04am
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yes yes yes
  • #556,145
  • Nov 2, 2020 3:05am Nov 2, 2020 3:05am
Lets all hope, today is gonna be one of these BIG 200-300 pips days?

The last chopping zone will get a Hayabusa move with little to no chopping. Down to 1.2650, at least. Probably further down to the bottom of the channel?
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Maadik Hugiis. IQ 69.
  • #556,146
  • Nov 2, 2020 3:05am Nov 2, 2020 3:05am
Quoting KiwiTrada
{quote} cable running into prvious daily lows, tho not putting up much of a fight, stress work to be done ? please supprot dizlxeia weke
geppy has dropped thru psych 135 000 going back up to retest as typing could prove important with regards to stirling vulnerabilty
If you are new to Forex? Say Goodbye to your account!!
  • #556,147
  • Nov 2, 2020 3:08am Nov 2, 2020 3:08am
Quoting MoneyZilla
Lets all hope, today is gonna be one of these BIG 200-300 pips days? The last chopping zone will get a Hayabusa move with little to no chopping. Down to 1.2650, at least. Probably further down to the bottom of the channel? {image}
As tempting as it would be I think we are going to have a retrace. Also with elections tomorrow the drop might be limited
Insane in the Brain..
  • #556,148
  • Nov 2, 2020 3:10am Nov 2, 2020 3:10am
Quoting kuroro001
{quote} With a 200 pips down only 2 hours after europe opened ? Sounds like a warning to stop selling to me, temporary
... well with 12 consec 5min bearish body closes before it that confluence of prev 4hr/dly sw lo, dly asc t/line, 50% downside ext of friday pip range and wkly s1 was a good long scalp with 1min & 3min Reg bulish div to time entry. I only see an 85pip range so far today ?
-------------------------------
Prev 4hr (+) sw lo's below this 2845 are 2837, 2819 and 2805 and 2nd daily asc t/line is circa 2790 on today's daily candle.
Trader with an Edge.
  • #556,149
  • Nov 2, 2020 3:16am Nov 2, 2020 3:16am
Quoting BeeTogether
{quote} As tempting as it would be I think we are going to have a retrace. Also with elections tomorrow the drop might be limited

Unfortunately, I am afraid you are right... I have relied on the hope, but probably it is not gonna be today...
Maadik Hugiis. IQ 69.
  • #556,150
  • Nov 2, 2020 3:17am Nov 2, 2020 3:17am
Above 2900 is where is parked the big vol
Then its 2950
COT: The precious data ignored
  • #556,151
  • Nov 2, 2020 3:22am Nov 2, 2020 3:22am
Quoting kuroro001
Above 2900 is where is parked the big vol Then its 2950
Yup although getting up to 2900 will be hard work
Insane in the Brain..
  • #556,152
  • Nov 2, 2020 3:22am Nov 2, 2020 3:22am
perfect repeat
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yes yes yes
  • #556,153
  • Nov 2, 2020 3:26am Nov 2, 2020 3:26am
If next 1h candle doesnt close too far from 2890. shorting for 20 pips
Twitter: Rummer_grapes
  • #556,154
  • Nov 2, 2020 3:28am Nov 2, 2020 3:28am
Quoting BeeTogether
{quote} Yup although getting up to 2900 will be hard work
Steep 190 pips move down (200 pips depending on broker) in so little time
Could be a big bounce, like an elastic you stretch too much too quickly

Not to mention tomorrow is election day, up/down swing is likely to happen anytime soon.

And check oil/equities bouncing up. Could be risk on coming in forth
COT: The precious data ignored
  • #556,155
  • Nov 2, 2020 3:28am Nov 2, 2020 3:28am
Quoting Bacco
If next 1h candle doesnt close too far from 2890. shorting for 20 pips
wait for at least 1.29053
0.382 retracement of bearish Fibonacci pattern
yes yes yes
  • #556,156
  • Nov 2, 2020 3:34am Nov 2, 2020 3:34am
Quoting Moty
{quote} wait for at least 1.29053 0.382 retracement of bearish Fibonacci pattern
check it out bro
don't mess with it today, go with the trend as much as you can.
try to short every bullish hour
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  • #556,157
  • Nov 2, 2020 3:35am Nov 2, 2020 3:35am
..Uk data slightly better than forecast...dly below shows the asc t/line at today's current lo. 20/50/100 ema's 5min-1hr are crossed down.
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Trader with an Edge.
  • #556,158
  • Nov 2, 2020 3:40am Nov 2, 2020 3:40am
It's risk on across all asset classes, selling is risky, at least for now. After a big risk off week last week, a bounce is possible.
  • #556,159
  • Nov 2, 2020 3:56am Nov 2, 2020 3:56am
Seems to be rejecting 129 but then again it rejected a drop below 129 for a while too. Anything is possible, the next 48 hours will be a very interesting time for us.

edit: just cracked 129! Whilst I was typing

am I right in thinking that if Biden wins GU goes up?
Insane in the Brain..
  • #556,160
  • Nov 2, 2020 4:00am Nov 2, 2020 4:00am
Quoting kuroro001
Above 2900 is where is parked the big vol Then its 2950
First big vol reached. Nicely
COT: The precious data ignored
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