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Cable Update (GBPUSD)

  • #557,081
  • Nov 5, 2020 1:16am Nov 5, 2020 1:16am
Quoting ChiForex
253-214 for Biden. Pensylvania is again on the cards as the gap closed quickly, besides clear advances in Arizona and Nevada, tight battle in North Carolina and Georgia surprisingly! Biden on the verge of being US new president! *Still unexpected weak performance for Democrats in House and looking to loose the Senate!
Biden can brealy walk, i'm not sure the poor guy will survive 4 years
COT: The precious data ignored
  • #557,082
  • Nov 5, 2020 1:20am Nov 5, 2020 1:20am
Quoting kuroro001
{quote} Biden can brealy walk, i'm not sure the poor guy will survive 4 years

There are vids online of Biden and his security out exercising on mountain bikes....

That tells one that he is fit, not the case with the orange monkey....

But yeah, a true believer you will never let see the truth, just look at Hitler and his followers....
  • #557,083
  • Nov 5, 2020 1:23am Nov 5, 2020 1:23am
Quoting BitcoinBoff
{quote} There are vids online of Biden and his security out exercising on mountain bikes.... That tells one that he is fit, not the case with the orange monkey.... But yeah, a true believer you will never let see the truth, just look at Hitler and his followers....
They will not call the election to Biden. This will go to the courts so don't be too confident.
Lost....
  • #557,084
  • Nov 5, 2020 1:24am Nov 5, 2020 1:24am
Its a Buy ,see the 60 min triangle pattern moving with the 4 hour, im in 2983
Follow The Markets Structure - Patience and Discipline
  • #557,085
  • Nov 5, 2020 1:28am Nov 5, 2020 1:28am
Quoting pipfarm
Its a Buy ,see the 60 min triangle pattern moving with the 4 hour, im in 2983

immediate resistance at 3182 and as 4H is in a trend i would expect a new high ,maybe 3250
Follow The Markets Structure - Patience and Discipline
  • #557,086
  • Nov 5, 2020 1:29am Nov 5, 2020 1:29am
that news always spoiler
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #557,087
  • Nov 5, 2020 1:31am Nov 5, 2020 1:31am
Quoting kuroro001
{quote} Biden can brealy walk, i'm not sure the poor guy will survive 4 years
hi,

why 2942/2946 was important?
  • #557,088
  • Nov 5, 2020 1:31am Nov 5, 2020 1:31am
Quoting kuroro001
{quote} Biden can brealy walk, i'm not sure the poor guy will survive 4 years
No problem, Kamala will take over but problem if Pelosi don't survive who'll take over
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #557,089
  • Nov 5, 2020 1:31am Nov 5, 2020 1:31am
Quoting Georginson
Better GBPUSD buy @ 1.2963 target 1.3063, stop 1.2890
Manually closed at 1.3030
Data + Stat + Risk/Emotions Management
  • #557,090
  • Nov 5, 2020 1:32am Nov 5, 2020 1:32am
they going to sell it like crazy.. they collecting sellers.
  • #557,091
  • Nov 5, 2020 1:37am Nov 5, 2020 1:37am
Attached Image (click to enlarge)
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yes yes yes
  • #557,092
  • Nov 5, 2020 1:44am Nov 5, 2020 1:44am
Quoting gatenio
they going to sell it like crazy.. they collecting sellers.
I don't know, but the higher the better to short it

Attached Image
COT: The precious data ignored
  • #557,093
  • Edited 1:58am Nov 5, 2020 1:47am | Edited 1:58am
Quoting Ilvez
Simply astonishing patience. Respect! BTW, you not worried about other risks at play e.g. broker default, flash crash or even a cost of swap for instance? {quote}{quote}
Hi Ilvez, Thanks friend.
Yes of course there are concerns. Especially with a flash crash. Then again my trail stops are in place. I would hate to lose a year's profits accrued though. On the other hand, I have known scalpers who have lost massive amounts having no stops in place during a flash crash. All in all, it's the risk we take trading forex.
As for swaps I have no concern. My oldest trade from March this year currently $450 in profit with a $12 swap fee on a .03c trade. I trade small.
As for my broker going bust. Well, I have been with them for many years so have not thought about that possibility.

Cheers.
Trade to trade another day
  • #557,094
  • Nov 5, 2020 1:48am Nov 5, 2020 1:48am
Quoting kuroro001
{quote} I don't know, but the higher the better to short it {image}
this all i count on when the price ranging like that, one direction.. down for me.
bulls spend the adr every day lol, so i dont know how time it will take.

just want to see price testing monday wick
  • #557,095
  • Nov 5, 2020 1:48am Nov 5, 2020 1:48am
Confucius say

When in doubt, stay out...
Attached Image
Compulsions can be hard to resist
  • #557,096
  • Nov 5, 2020 1:49am Nov 5, 2020 1:49am
I keep reading members here complaining about loosing money through these election days and pre/post
Well, these days are the easiest for trading as you must simply sell high buy low, you never enter midway as many did then cry...
Like now I see no low risk opportunity, you should wait for 1.3120s to short and just above 1.29 to buy.
If you had done that so far you could had made lot of money with low risk SL!
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #557,097
  • Nov 5, 2020 1:50am Nov 5, 2020 1:50am
Quoting gatenio
they going to sell it like crazy.. they collecting sellers.
correct!
  • #557,098
  • Nov 5, 2020 1:51am Nov 5, 2020 1:51am
Hi

I'm Newbie.

am thinking to short and going long during US open.

any comment appreciated for learning purposes.

Thank you
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  • #557,099
  • Nov 5, 2020 2:02am Nov 5, 2020 2:02am
Quoting gatenio
{quote} this all i count on when the price ranging like that, one direction.. down for me. bulls spend the adr every day lol, so i dont know how time it will take. just want to see price testing monday wick
And when i see this bearish daily candle with crazy vol, its hard to be full bull.

maybe we'll go higher to clear all stops, then its a freefall if it happens

My plan is same as yours, sell only (and hedge my shorts with longs on specific areas)
COT: The precious data ignored
  • #557,100
  • Nov 5, 2020 2:05am Nov 5, 2020 2:05am
today will be very interesting
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