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Cable Update (GBPUSD)

  • #557,421
  • Nov 5, 2020 8:18pm Nov 5, 2020 8:18pm
Can we get this play today?

Buy limit at 1.3063 then a rally to the upper extreme of the equi-distant channel.
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  • #557,422
  • Nov 5, 2020 8:22pm Nov 5, 2020 8:22pm
Quoting Barnell
{quote} Moty...wheres your hammer?
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  • #557,423
  • Nov 5, 2020 8:23pm Nov 5, 2020 8:23pm
Quoting pipcenturion
Can we get this play today? Buy limit at 1.3063 then a rally to the upper extreme of the equi-distant channel. {image}
I am expecting a pullback/correction/whatever you wanna call it later in London and will plan to buy lows. Tentative plan.

I think the lowest we go during Asia is 1.31 but likelihood we won't really dip much below it.
I will tear the world apart for you.
  • #557,424
  • Nov 5, 2020 8:42pm Nov 5, 2020 8:42pm
Quoting MoneyZilla
Guys, no need for a drama and aggression. Please. Have a sense of humour, please. When we die, we will feel uncomfortable. Trust me, we will not be very proud of our own aggression. The brain works about two hours after the body is dead. These two hours some senses are still working, but we are unable to move or express anything. It is not worthy to feel any regrets at those two final hours... Usually the sense of hearing is still working, btw... Peace, friends.
I have heard something similar, but there is no proof.

meanwhile cable is wrecking my account. I have been forced to hedge.
when you can accurately predict the future, you leave nothing to chance.
  • #557,425
  • Nov 5, 2020 8:44pm Nov 5, 2020 8:44pm
as long DXY 92.86 hold. Still buying mode
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #557,426
  • Nov 5, 2020 8:52pm Nov 5, 2020 8:52pm
Quoting zizoo
{quote} I have heard something similar, but there is no proof. meanwhile cable is wrecking my account. I have been forced to hedge.
This song is for Cable.

Inserted Video
I will tear the world apart for you.
  • #557,427
  • Nov 5, 2020 8:58pm Nov 5, 2020 8:58pm
It's so hard to Up......
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  • #557,428
  • Nov 5, 2020 9:15pm Nov 5, 2020 9:15pm
Quoting imrandsyam
It's so hard to Up...... {image}
Short it for 30 pips then...
I will tear the world apart for you.
  • #557,429
  • Nov 5, 2020 9:27pm Nov 5, 2020 9:27pm
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yes yes yes
  • #557,430
  • Nov 5, 2020 10:12pm Nov 5, 2020 10:12pm
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yes yes yes
  • #557,431
  • Nov 5, 2020 10:33pm Nov 5, 2020 10:33pm
Yesterday close may trigger some buys. So safe to close short positions in that red line area
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Don't chase the trades but let them come to you.
  • #557,432
  • Nov 5, 2020 10:44pm Nov 5, 2020 10:44pm
Quoting zizoo
{quote} I have heard something similar, but there is no proof. meanwhile cable is wrecking my account. I have been forced to hedge.

I agree. We will never get any proof of that. Not any time soon, if any at all.

Speaking of hedging?

I happen to be a famous book writer, here at FF. With over 10,000 downloads already.
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Here is the direct download link to my secrets of hedging ebook.
Maadik Hugiis. IQ 69.
  • #557,433
  • Nov 5, 2020 11:08pm Nov 5, 2020 11:08pm
One short on cable ... i am sure atleast we hit 1.31 today thats my tp.... other than that long on gdpjpy... tp 136.400
Extreme gut feeling trader
  • #557,434
  • Nov 5, 2020 11:13pm Nov 5, 2020 11:13pm
Quoting MoneyZilla
{quote} I agree. We will never get any proof of that. Not any time soon, if any at all. Speaking of hedging? I happen to be a famous book writer, here at FF. With over 10,000 downloads already. {image} Here is the direct download link to my secrets of hedging ebook.

It's a great books.... Amazing
  • #557,435
  • Nov 5, 2020 11:43pm Nov 5, 2020 11:43pm
Value area for Wednesday November 4, 2020 is at 1.30162

The level has not been quite respected.

I expect buyers around that level for today.
  • #557,436
  • Nov 6, 2020 12:02am Nov 6, 2020 12:02am
Quoting pipcenturion
Value area for Wednesday November 4, 2020 is at 1.30162 The level has not been quite respected. I expect buyers around that level for today.
had the same at 1.301/2
but im afraid that 1.3088 area -+ 10 pips is the lowest that we going to see today.

but who knows..
  • #557,437
  • Nov 6, 2020 12:09am Nov 6, 2020 12:09am
G/M, big bullish candle yesterday on daily with all of the initial U.s election reaction 3140-2913 fall re-gained...3157 current dly hi at the base of the dly part of the 4hr/dly prev sw hi to 3176 (61.8% 3482-2675 @ 3173.) Wkly R2 is @/around 3167. Relatively shallow pullback so far from that current dly hi hasn't reached 23.6% of the 2938-3157 move up (yet?) the current p/back lo being 3111.

Will we see an upside follow thru on y/day's big bullish daily candle today ?
Trader with an Edge.
  • #557,438
  • Nov 6, 2020 12:34am Nov 6, 2020 12:34am
What do you guys think?
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You can do it!
  • #557,439
  • Nov 6, 2020 12:47am Nov 6, 2020 12:47am
Quoting TerpFan2
My Chart Doesn't include that Last Bar UP- Sly G.U. Here... She's "CooKed" in my Book, -eventually here. Highest in the 50's- (Don't say i said)-!!! That other brother's call in the '48 area of Monthly Resistance was strong. Down she goes here at some point, Asia should trash her some. I'm looking at least for a 23.6 or 38.2 at the Following Level(s): _ 1.3095 &- _ 1.3064 "ish", as follow's: {image} I can't call the Higher Level's people are going for. -Good if you can. Chat More, Great Work Everybody, Today Be doing this in...
True....if it breaks 1.31 and/or 1.3050, then it goes down deep.
Otherwise, we just saw the end of W-3 and W-4 and will be looking at the end of W-5 (3) around 1.3280 - 1.33......
Lost....
  • #557,440
  • Nov 6, 2020 12:47am Nov 6, 2020 12:47am
Quoting Kampion
What do you guys think? {image}
Had no impact during yesterday's US session though.
I will tear the world apart for you.
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