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Cable Update (GBPUSD)

  • #556,281
  • Nov 2, 2020 8:28pm Nov 2, 2020 8:28pm
https://www.cnbc.com/2020/11/02/bori...-lockdown.html


Will we have a huge short like before?
Golden Goose Return This Month: na
  • #556,282
  • Nov 2, 2020 8:33pm Nov 2, 2020 8:33pm
Quoting greengp
If we clears 1.29264 with conviction then we can look forward for 1.29500. Notice the pin bar in m5 1.29065

something in that direction
  • #556,283
  • Nov 2, 2020 8:45pm Nov 2, 2020 8:45pm
slowly inching towards closing the gap....
Extreme gut feeling trader
  • #556,284
  • Nov 2, 2020 10:09pm Nov 2, 2020 10:09pm
Switched to short with a little profit
Will add if price close below the channel
Attached Image (click to enlarge)
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yes yes yes
  • #556,285
  • Nov 2, 2020 11:08pm Nov 2, 2020 11:08pm
Quoting Moty
Switched to short with a little profit Will add if price close below the channel {image}
me too closed all of my long trades.... now waiting for a nice drop to buy again..........
Extreme gut feeling trader
  • #556,286
  • Edited 11:21pm Nov 2, 2020 11:09pm | Edited 11:21pm
bears lost momentum.
1.298-1.1301 for today will be nice.
(could be much higher.. )
  • #556,287
  • Nov 3, 2020 12:40am Nov 3, 2020 12:40am
Quoting gatenio
bears lost momentum. 1.298-1.1301 for today will be nice. (could be much higher.. )
yes , you are right , switched to long
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yes yes yes
  • #556,288
  • Nov 3, 2020 12:41am Nov 3, 2020 12:41am
Quoting OnlineAddict
I was aiming only for 3100 this week...but seing how everyone is heavily into shorts, makes me think not to short this at all, no matter how high.
I am long and I'm wondering if my target of 3020 is not too far only to see your post. Lol... let's move target to 3300 area.
  • #556,289
  • Nov 3, 2020 12:43am Nov 3, 2020 12:43am
Quoting Not-KPMG
{quote} What you saying???I'm not some monkey or teacher that will show 24 charts I don't care. Don't give sh.t about Japan or Zimbabwe or anything All I say is at different time zones, the dayly will look different.... Got that??The 4H bars will look different too..... I don't care how So that's all I do - point the idiocy of candlesticks...
Different time zones but all brokers start first candle of the week when Sydney opens, and end the week with New York closing. You have any idea about what you're preaching? Show us these charts you're referring to if you want to prove a point please.
  • #556,290
  • Nov 3, 2020 12:45am Nov 3, 2020 12:45am
hahahaha people switching trade like it's a car race lol, market is still in a down trend.
  • #556,291
  • Nov 3, 2020 12:56am Nov 3, 2020 12:56am
Quoting Mitiblotch
{quote} I am long and I'm wondering if my target of 3020 is not too far only to see your post. Lol... let's move target to 3300 area.
3100 should be fine. And for shorts I rather wait for 3300+, too.
Everyone can see the chart, but only a few can actually read it.
  • #556,292
  • Nov 3, 2020 1:08am Nov 3, 2020 1:08am
Quoting greengp
If we clears 1.29264 with conviction then we can look forward for 1.29500. Notice the pin bar in m5 1.29065

i still believe in it
  • #556,293
  • Nov 3, 2020 1:14am Nov 3, 2020 1:14am
The drop is coming hahahaha
  • #556,294
  • Nov 3, 2020 1:18am Nov 3, 2020 1:18am
touch retracement
  • #556,295
  • Nov 3, 2020 1:31am Nov 3, 2020 1:31am
Quoting epzero
The drop is coming hahahaha
i don't know if it drop or fly,
pound and dxy are pointing down, pound is stronger.
so basically in election, brexit, lockdowns, and else days anything can happen.
the lower TF like 15m-1h trend is leading for me in special days not the major trend, but it's just for me.

switch trade is not a bad thing..
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  • #556,296
  • Nov 3, 2020 1:41am Nov 3, 2020 1:41am
as per cnn Donald is to go away/ i am watching news
  • #556,297
  • Nov 3, 2020 1:43am Nov 3, 2020 1:43am
Quoting gatenio
{quote} i don't know if it drop or fly, pound and dxy are pointing down, pound is stronger. so basically in election, brexit, lockdowns, and else days anything can happen. the lower TF like 15m-1h trend is leading for me in special days not the major trend, but it's just for me. switch trade is not a bad thing.. {image}
High quality reply to a low quality post
You are allowed to fall but you are imposed to get up!
  • #556,298
  • Nov 3, 2020 1:44am Nov 3, 2020 1:44am
Quoting gatenio
{quote} i don't know if it drop or fly, pound and dxy are pointing down, pound is stronger. so basically in election, brexit, lockdowns, and else days anything can happen. the lower TF like 15m-1h trend is leading for me in special days not the major trend, but it's just for me. switch trade is not a bad thing.. {image}
I don't really like lower TF i only use them for perfect entry in the direction of a trend, the trend is a sell so i don't wanna go against it.
  • #556,299
  • Nov 3, 2020 1:45am Nov 3, 2020 1:45am
Quoting iero4
{quote} High quality reply to a low quality post
less is more.
  • #556,300
  • Nov 3, 2020 1:57am Nov 3, 2020 1:57am
Quoting epzero
{quote} I don't really like lower TF i only use them for perfect entry in the direction of a trend, the trend is a sell so i don't wanna go against it.
ok, i dont know what you define as lower tf, for me.
intraday15-1h is good for me to squeeze money out of the market.
but we must notice to "equilibrium equation" that we get here in all TF's!! price will ranging to death till it won't and sl hit.
and who noticed "equilibrium equation" know the lower tf is better for now. (1h)

just my 2 cent, didnt say you wrong, but i think the price just up 15 pips since your "drop is coming hahaha" which is not bad. half of EU daily range yesterday LOL.
so im holding bearish bias weekly and daily, but for a day trader look for long now is better.
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