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Cable Update (GBPUSD)

  • #556,801
  • Nov 3, 2020 9:15pm Nov 3, 2020 9:15pm
205-136 for Biden. Democrats on the verge of taking the House while Senate on a very tight battle.
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #556,802
  • Nov 3, 2020 9:16pm Nov 3, 2020 9:16pm
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yes yes yes
  • #556,803
  • Nov 3, 2020 9:18pm Nov 3, 2020 9:18pm
Quoting Moty
{quote} i was lucky to go to sleep without a position i woke up and saw that big bearish h4 candle and immediately took short
the life of a trader.. after the drop to 1.3019 i was comfy to watch champions league and fall a sleep.
woke up and boom.. account cut by 50%. and the drop is what more painful.. my tp on 1.1942 hit without my money
took all my money and shorting to 1.2779, and then 1.246.
wont be on FF till then. salamath
  • #556,804
  • Nov 3, 2020 9:21pm Nov 3, 2020 9:21pm
Attached Image (click to enlarge)
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Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #556,805
  • Nov 3, 2020 9:28pm Nov 3, 2020 9:28pm
Quoting kuroro001
{quote} that's why i don't use SL (or hedge) and go small What happened today is the same that happened in 2016, rise then fall Now lets see if there is a continuation of the dollar rise like in 2016
yeah bro.. but i had almost 12 lot on that.. lowest from 1.2973 the highest 1.301.
to much money.. sometimes you need to give up and accept that you wrong.
all good, recover time.
  • #556,806
  • Nov 3, 2020 9:37pm Nov 3, 2020 9:37pm
Quoting gatenio
{quote} yeah bro.. but i had almost 12 lot on that.. lowest from 1.2973 the highest 1.301. to much money.. sometimes you need to give up and accept that you wrong. all good, recover time.
Sorry to hear, but i'm sure you'll recover anyway
I increase on the way up/down as well, but don't use too many lots when i do it.

Forex is a real job, we can't joke with it
COT: The precious data ignored
  • #556,807
  • Nov 3, 2020 9:37pm Nov 3, 2020 9:37pm
Quoting Coreg2004
{quote} first, learn about an ending diagonal pattern before you open your mouth or ask me to explain to you this formation...you are real piss of work...I know that my accuracy might be killing you ...sorry you need to deal with this issue of yours on your own... Most likely you look in the mirror when you see schmuck and hypocrite...Ladies and gentlemen, we have a new Elliott Wave Principle "expert" here...{image}
Your advice was: "If something is not clear in someone's post I always ask please help me to understand, what I am missing here?..."
But...your reaction. If can't take your own advice... I can't take your advice...
  • #556,808
  • Nov 3, 2020 9:53pm Nov 3, 2020 9:53pm
Quoting gatenio
{quote} the life of a trader.. after the drop to 1.3019 i was comfy to watch champions league and fall a sleep. woke up and boom.. account cut by 50%. and the drop is what more painful.. my tp on 1.1942 hit without my money took all my money and shorting to 1.2779, and then 1.246. wont be on FF till then. salamath
Not sure its the wisest idea to short all your money bro, there are hidden divergence and we go could further up
  • #556,809
  • Nov 3, 2020 9:55pm Nov 3, 2020 9:55pm
breakdown
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yes yes yes
  • #556,810
  • Nov 3, 2020 9:55pm Nov 3, 2020 9:55pm
Quoting fxmasterdxb
{quote} Not sure its the wisest idea to short all your money bro, there are hidden divergence and we go could further up
We possibly could see 1.3037 and if it fails then yeah, short all the way
  • #556,811
  • Nov 3, 2020 9:58pm Nov 3, 2020 9:58pm
Anyone still expecting a Biden win?
  • #556,812
  • Nov 3, 2020 10:02pm Nov 3, 2020 10:02pm
Quoting fxmasterdxb
{quote} Not sure its the wisest idea to short all your money bro, there are hidden divergence and we go could further up
for sure amigo,
divergence? where h1? dont count on it, divergence are useful but limited. ask @kuroro001 where is the tp for divergences..
  • #556,813
  • Nov 3, 2020 10:04pm Nov 3, 2020 10:04pm
hi fellas i believe we get the sharp up trend soon because this count... i wait for good situation for buy
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  • #556,814
  • Nov 3, 2020 10:10pm Nov 3, 2020 10:10pm
Quoting Yngwie
{image}
Now 223 - 212
How quickly things change
Compulsions can be hard to resist
  • #556,815
  • Nov 3, 2020 10:15pm Nov 3, 2020 10:15pm
Quoting emannnn
hi fellas i believe we get the sharp up trend soon because this count... i wait for good situation for buy {image}
this is the count , 2nd pattern after 1
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yes yes yes
  • #556,816
  • Nov 3, 2020 10:18pm Nov 3, 2020 10:18pm
Quoting gatenio
{quote} they took all my sl late night and drop.. 492 pips all the trades together.. what a nightmare..
i did warn you but you didn't listen, the weaker dollar was because of the election
  • #556,817
  • Nov 3, 2020 10:21pm Nov 3, 2020 10:21pm
209-212 for Trump. Democrats leading House, republicans Senate till now.
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #556,818
  • Nov 3, 2020 10:23pm Nov 3, 2020 10:23pm
Quoting epzero
{quote} i did warn you but you didn't listen, the weaker dollar was because of the election
what is fun is to hear the experts on tv, about the market and the polls. They knew it all, but they know shit on the end

I'd fire them all if i were president
COT: The precious data ignored
  • #556,819
  • Nov 3, 2020 10:35pm Nov 3, 2020 10:35pm
Quoting ChiForex
Seems GU is topping before the crash, same for EU but more clear around 1.1765 is the turning point. Not sure that strong dollar equates Trump wins. TBH, Trump is the best president for US Economy while Biden with his weakness might be better for the world stability.
Just for history..
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #556,820
  • Nov 3, 2020 10:36pm Nov 3, 2020 10:36pm
Interesting comments from Kathy Lien
Quote
More specifically, Biden is expected to be friendlier to Canada and the European Union and more critical of the UK’s decision to leave the EU. If he wins, CAD and EUR could outperform while GBP could weaken. Trump is more supportive of Brexit and more willing to threaten the EU and Canada with tariffs so GBP will probably rally if he wins. USD/JPY should benefit from a Trump victory and fall on a Biden win but that’s assuming a clear winner is declared
Cheers.
Trade to trade another day
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