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Cable Update (GBPUSD)

  • #556,161
  • Nov 2, 2020 4:05am Nov 2, 2020 4:05am
Bulls running
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  • #556,162
  • Nov 2, 2020 4:10am Nov 2, 2020 4:10am
Quoting BeeTogether
am I right in thinking that if Biden wins GU goes up?
That's a common belief, so you have to question it. Long-term, "blue wave" is of course USD-negative, as Democrats will spend like there is no tomorrow. (Note though that Biden win + Republicans holding the Senate OR contested election is very USD-positive.) But short-term, there are too just many factors in play at the moment, it's not a good time to rely just on one fundamental factor in my opinion.
  • #556,163
  • Nov 2, 2020 4:11am Nov 2, 2020 4:11am
150 $ profit from market open .
actually it's recovered floating loss of 50$ from friday close and a bit more ,
and 82 $ profit for long from 1.28750 to 1.29053
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yes yes yes
  • #556,164
  • Nov 2, 2020 4:13am Nov 2, 2020 4:13am
Im glad im out of the market till now! I had busy day full of meetings so decided not to enter the market until I get some time to analyze!
  • #556,165
  • Nov 2, 2020 4:15am Nov 2, 2020 4:15am
they are going for the gap
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yes yes yes
  • #556,166
  • Nov 2, 2020 4:19am Nov 2, 2020 4:19am
crap..
  • #556,167
  • Nov 2, 2020 4:19am Nov 2, 2020 4:19am
...nice upside follow thru on the 1hr bullish engulf close...30min prior to that.......reached the breeched asc t/line at the current p/back hi. 1hr below.
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Trader with an Edge.
  • #556,168
  • Nov 2, 2020 4:24am Nov 2, 2020 4:24am
Quoting gatenio
crap..
the bulls have taken control , my friend .
i believe that it will go to 1.29500 , then retrace and up to 1.30000
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yes yes yes
  • #556,169
  • Nov 2, 2020 4:26am Nov 2, 2020 4:26am
Quoting tito5615104
My View For Cable there are up trend from 1.2687 broken and retested it, Area i think 1.2860 to 1.2837 if can not rise to 1.3000 look for photo,i know this week will not apply for analysis we have american election and Brexit data but we didn't have anything to do but analysis who is with me in this view? {image}
well done

Now We have Down trend
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good luck
  • #556,170
  • Nov 2, 2020 4:29am Nov 2, 2020 4:29am
Quoting Moty
150 $ profit from market open . actually it's recovered floating loss of 50$ from friday close and a bit more , and 82 $ profit for long from 1.28750 to 1.29053 {image} {image}
You re not far away from a margin call...
WT
  • #556,171
  • Nov 2, 2020 4:32am Nov 2, 2020 4:32am
GBPUSD H1:
We have bearish trend, price has broken the bearish channel but it may bounce again on the upper line to get back to Bearish. Both lines are good prices for SELL
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The trend lines you see on my charts, are created using Neural Networks
  • #556,172
  • Nov 2, 2020 4:32am Nov 2, 2020 4:32am
Congrats to those, who have saw and catch the retrace from 1.2850 to 1.2930+!
Maadik Hugiis. IQ 69.
  • #556,173
  • Nov 2, 2020 4:33am Nov 2, 2020 4:33am
Quoting gatenio
crap..
it's not crap the market reached a very strong support level.
  • #556,174
  • Nov 2, 2020 4:33am Nov 2, 2020 4:33am
Quoting Moty
they are going for the gap {image} {image}
cable is last pr to close of all prs I am watching!!!
If you are new to Forex? Say Goodbye to your account!!
  • #556,175
  • Nov 2, 2020 4:37am Nov 2, 2020 4:37am
Quoting Bartosz77
{quote} You re not far away from a margin call...
my margin call is when the equity is less then 10 % from the used margin .
so i need to loss 118 pips from entry .
because my leverage is 1 to 100 , so every pips is 1/100 from my equity in $ if i am in full used margin .

example .

equity : 130 $
open position : 0.10 lot

$ used margin :130

every pips equal to 1 $

for me to get into margin call , i need to loss 118 $ , 118 pips against me , i get in margin all when i have 12 $ and i need at least 13 to open 0.10 lot position
yes yes yes
  • #556,176
  • Nov 2, 2020 4:39am Nov 2, 2020 4:39am
Now we probably will head lower again.
  • #556,177
  • Nov 2, 2020 4:43am Nov 2, 2020 4:43am
And by the way, don't hunt for the gap. The market does not really care about gaps, some don't close for months. In my experience, if a gap did not close quickly in Asian or European session, it is more likely than not that it won't close on the same day.
  • #556,178
  • Nov 2, 2020 4:48am Nov 2, 2020 4:48am
Quoting Moty
{quote} my margin call is when the equity is less then 10 % from the used margin . so i need to loss 118 pips from entry . because my leverage is 1 to 100 , so every pips is 1/100 from my equity in $ if i am in full used margin . example . equity : 130 $ open position : 0.10 lot $ used margin :130 every pips equal to 1 $ for me to get into margin call , i need to loss 118 $ , 118 pips against me , i get in margin all when i have 12 $ and i need at least 13 to open 0.10 lot position
Which broker are you with?
WT
  • #556,179
  • Nov 2, 2020 4:49am Nov 2, 2020 4:49am
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yes yes yes
  • #556,180
  • Nov 2, 2020 4:52am Nov 2, 2020 4:52am
First position of the day, short cable 1.2920, SL 1.2970 and TP 1.2850
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