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Cable Update (GBPUSD)

  • #557,181
  • Nov 5, 2020 6:59am Nov 5, 2020 6:59am
I feel like we’re gonna push up more for some of NY session first, gotta get as many traders long as they can
  • #557,182
  • Nov 5, 2020 7:00am Nov 5, 2020 7:00am
Quoting Georginson
{quote} Market is pricing in Biden's win.
Could be preparing for the Confirmed Win tommorow.
You can do it!
  • #557,183
  • Nov 5, 2020 7:03am Nov 5, 2020 7:03am
Quoting ZTrader123
I feel like we’re gonna push up more for some of NY session first, gotta get as many traders long as they can
already in a long
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Still improving on the indicator.
Le$$ I$ More
  • #557,184
  • Edited 7:19am Nov 5, 2020 7:08am | Edited 7:19am
uk in lockdown...ftse100 +6%. I can understand that is probably undervalued long time, but where are the good prospects?

Germany. Lockdown. Dax +8% this week.

Italy, restriction starting to be imposed, national lockdown around the corner, Ftse mib +10%.



This market is drugged. Totally crazy.


S&P up 3% yesterday, only half of the companies were in positive. A clear sign of not overvalued companies driving the market.

Central banks are pushing investors in the corner, leaving only few places where to invest. Honestly....i smell s*it
Twitter: Rummer_grapes
  • #557,185
  • Nov 5, 2020 7:10am Nov 5, 2020 7:10am
SW ZOne + WOP = BUY

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The week might close bullish.
IMO
Le$$ I$ More
  • #557,186
  • Nov 5, 2020 7:11am Nov 5, 2020 7:11am
loaded longs..... time to go in deep meditation
Extreme gut feeling trader
  • #557,187
  • Nov 5, 2020 7:14am Nov 5, 2020 7:14am
this is great interest whether the USD will get worse after being oversold or will reverse direction after meet resistance on GBPUSD chart
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  • #557,188
  • Nov 5, 2020 7:16am Nov 5, 2020 7:16am
boy oh boyyy my bias is so wrong!?! lol.. kick my ass today. wow
  • #557,189
  • Nov 5, 2020 7:17am Nov 5, 2020 7:17am
Quoting Bacco
uk in lockdown...ftse100 +6%. I can understand that is probably undervalued long time, but where are the good prospects? Germany. Lockdown. Dax +8% this week. Italy, restriction starting to be imposed, national lockdown around the corner, Ftse mib +10%. This market is drugged. Totally crazy.
150 pips for euro, out of nowhere (or the so called biden win)
But it doesn't make sense at all

And market happy about it ? no sense neither

I feel like its just a rise before the deep fall
COT: The precious data ignored
  • #557,190
  • Nov 5, 2020 7:21am Nov 5, 2020 7:21am
92.5 worked like a charm
10 min for parliamentary employment demands
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yes yes yes
  • #557,191
  • Nov 5, 2020 7:22am Nov 5, 2020 7:22am
Quoting Wavegarrick
{quote} Hi Guys, Seeing that I am in a cyclic uptrend my strategy has been to buy a low as possible. Elections or not. The idea is to lock in quickly and hopefully when the results come out, there will be a spike in the right direction with some surviving trades, even if some trail stops are taken out. So far working for me and of course, I am not greedy. All the best Cheers. {image}
Hi Guys,
So far so good. My cyclic buy trades since yesterday palying out nicely.
Have a great day,
Cheers.
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Trade to trade another day
  • #557,192
  • Nov 5, 2020 7:23am Nov 5, 2020 7:23am
Quoting kuroro001
{quote} 150 pips for euro, out of nowhere (or the so called biden win) But it doesn't make sense at all And market happy about it ? no sense neither I feel like its just a rise before the deep fall
Thats why i dont like to invest long term. You never know what is going to happen. And im far from understanding this market now.

Why should biden be so bad for dollar if senate is republican?

But anyway, they see usd depreciating in long time.

Im really scared about stock market right now.
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Twitter: Rummer_grapes
  • #557,193
  • Nov 5, 2020 7:36am Nov 5, 2020 7:36am
look fishing again hammer on M30
beautiful.
  • #557,194
  • Nov 5, 2020 7:38am Nov 5, 2020 7:38am
last time dx was at 92.500 , the gu dropped more then 100 pips in the first drop
go go go
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yes yes yes
  • #557,195
  • Nov 5, 2020 7:46am Nov 5, 2020 7:46am
Quoting Moty
last time dx was at 92.500 , the gu dropped more then 100 pips in the first drop go go go {image} {image} {image} {image}
wait for the gap on the euro 1861
COT: The precious data ignored
  • #557,196
  • Nov 5, 2020 7:47am Nov 5, 2020 7:47am
Quoting Bacco
{quote} Thats why i dont like to invest long term. You never know what is going to happen. And im far from understanding this market now. Why should biden be so bad for dollar if senate is republican? But anyway, they see usd depreciating in long time. Im really scared about stock market right now. {image}
I have no ideas about this dollar selling regarding Biden

Maybe because they are know this dude will shutdown the economy and do stimulus, aka dollar devaluation

But its far from being done
COT: The precious data ignored
  • #557,197
  • Nov 5, 2020 7:59am Nov 5, 2020 7:59am
Quoting kuroro001
{quote} I have no ideas about this dollar selling regarding Biden Maybe because they are know this dude will shutdown the economy and do stimulus, aka dollar devaluation But its far from being done
Im not an expert,but to do more fiscal stimuls shouldnt pass through the senate? Its not easy with a republican one.

And about the lockdown, sleepy was bleaming donald for shutting down the economy ( he said he wont do that), i dont believe the pigs, so it might be.

Then...if they consider a lockdown, why market is ralling crazy?!

And hearing the economist the chance of a new stimulus approved before january (if senate goes to republican)are very low.

If someone living in usa sees this post would he kindly tell me if are they getting money from the goverment?

And what about all the renting spaces, loans, mortgages that must be paid to banks?
Are the people and companies still able to do it?
Twitter: Rummer_grapes
  • #557,198
  • Nov 5, 2020 7:59am Nov 5, 2020 7:59am
3078 is the old resistance that was broken and started the triangular correction down on the hourly, now is resistance and we already have an hourly close above it and retesting at the moment.

Market is looking for more sellers there for liquidity, can all the sellers please press sell
Follow The Markets Structure - Patience and Discipline
  • #557,199
  • Nov 5, 2020 7:59am Nov 5, 2020 7:59am
Why stress yourself on whats going to happen with the markets-while you can wait and see whats going to happen.

Are we really that desperate to make money everyday??lmao

Correct me if im wrong,or Are you guys trying to catch sniper entries!???
  • #557,200
  • Nov 5, 2020 8:04am Nov 5, 2020 8:04am
Quoting EXpRINCE
Why stress yourself on whats going to happen with the markets-while you can wait and see whats going to happen. Are we really that desperate to make money everyday??lmao Correct me if im wrong,or Are you guys trying to catch sniper entries!???
Oh yes, u can shout it loud that i wait and see.
Forex intraday is very welcome, But i was talking about stock and i wont bet a penny on it.
But i perfectly understand that is not how we perceive the things. But how market does.

Go back in the late 90s in japan and tell them how overvalued eveything was. A piece of land in japan was much more expensive than manhattan.


A car company (nissan if im not wrong) was making more money with trading stock instead selling car.

And back than all the big heads were saying that everything was good.

Who bought at the peak in 2000 had to wait 15 years to see the price back to the same value.
Twitter: Rummer_grapes
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