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Cable Update (GBPUSD)

  • #557,601
  • Nov 6, 2020 9:08am Nov 6, 2020 9:08am
Quoting shahab8b
{quote} got stopped out on that trade. went long again @ 1.31, sl 20
based on bullish flag?

i don't see any reason. break today low
  • #557,602
  • Nov 6, 2020 9:10am Nov 6, 2020 9:10am
Quoting fxmasterdxb
{quote} Bro its the time of scalping, grab pips and go, never hold until things are clear
not sure about that, scalper needs lower tf to trend.
this is not conditions i like.
have a lot of shorts down there, i will keep it with my bearish bias.. but bulls kick my ass this week that for sure.

i will watch how current h1 candle close.. if she will be tiny bullish i will short again.
if bearish good for me.. if engulfing bullish again.. hi weekend!
  • #557,603
  • Nov 6, 2020 9:12am Nov 6, 2020 9:12am
Quoting Lastaccount
{quote} based on bullish flag? i don't see any reason. break today low
I hope bears bring this to 1.308x region...I want a strong dip....
I will tear the world apart for you.
  • #557,604
  • Nov 6, 2020 9:12am Nov 6, 2020 9:12am
Quoting Lastaccount
{quote} based on bullish flag? i don't see any reason. break today low
I think it's forming an expanding triangle as wave 4.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM15 116.png Size: 44 KB
  • #557,605
  • Nov 6, 2020 9:13am Nov 6, 2020 9:13am
Quoting gatenio
{quote} not sure about that, scalper needs lower tf to trend. this is not conditions i like. have a lot of shorts down there, i will keep it with my bearish bias.. but bulls kick my ass this week that for sure.
I still do have the bearish bias as well, but switched to scalping based on 1m & 5m for confirmation, of course few pips here and there.
I believe by next week everything will be clear and we can resume our normal trading without those crazy swings
  • #557,606
  • Nov 6, 2020 9:18am Nov 6, 2020 9:18am
Attached Image (click to enlarge)
Click to Enlarge Name: CamScanner 11-09-2020 17.16_1.jpg Size: 127 KB
yes yes yes
  • #557,607
  • Nov 6, 2020 9:21am Nov 6, 2020 9:21am
Quoting Moty
{image}
Hi friend...hammer again today?
I will tear the world apart for you.
  • #557,608
  • Nov 6, 2020 9:28am Nov 6, 2020 9:28am
Quoting MoneyZilla
{quote} https://sports.williamhill.com/betting/en-gb {image}
You win $1,300 when you bet $100? still good odds. Did you place a bet?
  • #557,609
  • Nov 6, 2020 9:28am Nov 6, 2020 9:28am
Quoting shahab8b
{quote} I think it's forming an expanding triangle as wave 4. {image}
looks good, if break today high, i see 1.3260 as today sell zone
  • #557,610
  • Nov 6, 2020 9:32am Nov 6, 2020 9:32am
Quoting Lastaccount
{quote} looks good, if break today high, i see 1.3260 as today sell zone
big respect to that guy who bought it with big possition
  • #557,611
  • Nov 6, 2020 9:33am Nov 6, 2020 9:33am
Quoting montygoldy
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
Cable tp hit ..... gbpjpy still on not today maybe on momday
Extreme gut feeling trader
  • #557,612
  • Nov 6, 2020 9:54am Nov 6, 2020 9:54am
Quoting genadi
{quote} big respect to that guy who bought it with big possition
It's about making live calls in public. Because you set yourself for embarrassment if it goes wrong. That's why you see so many after the fact profit posts here. the rest is irrelevant.
  • #557,613
  • Nov 6, 2020 9:58am Nov 6, 2020 9:58am
Quoting shahab8b
{quote} I think it's forming an expanding triangle as wave 4. {image}

Saw that too, turned from a flag to the expanding triangle , just shows how tricky these corrections can be sometimes but still the way things are going it could turn into a double or even triple correction price very tricky atm best bet is to buy the top at 3156.
Follow The Markets Structure - Patience and Discipline
  • #557,614
  • Nov 6, 2020 9:59am Nov 6, 2020 9:59am
Very strong accumulation right now...question is....is 3150 good price for buyer or sellers?

Probably 2800 area on cards again.
Twitter: Rummer_grapes
  • #557,615
  • Nov 6, 2020 10:00am Nov 6, 2020 10:00am
Attached Image (click to enlarge)
Click to Enlarge Name: CamScanner 11-09-2020 17.57_1.jpg Size: 141 KB
yes yes yes
  • #557,616
  • Nov 6, 2020 10:05am Nov 6, 2020 10:05am
and there we go after all that crap the top breaks mofus
Follow The Markets Structure - Patience and Discipline
  • #557,617
  • Nov 6, 2020 10:05am Nov 6, 2020 10:05am
'See you all at 1.3200's...
'Discuss things later-
I will work to Objectively Identify my Edges
  • #557,618
  • Nov 6, 2020 10:05am Nov 6, 2020 10:05am
Keep buying like i said

more Upside
buying more on top
Make money by doing the opposite of Giveachance aka loser
  • #557,619
  • Nov 6, 2020 10:06am Nov 6, 2020 10:06am
Quoting Coreg2004
{quote} Mitiblotch, something is fishy right now...3 sessions (Tokyo, London, NY) and they couldn't push the price (as of right now) to 38.2% ret @1.3071 of yesterday's range. Right now scalp would be in order...until 38.2% is hit to have reasonable shot going above yesterday's high...besides that ...anything is possible, just pick your poison. {image}
Hi Coreg, beautiful chart as always. I sold 3143 and was in about 50 pips profit when it fell to 3092 but didn't bank it. It kept fluctuating and so I booked with about 17 pips profit. It appears it wants to spike out that top. EU already did 100 pips rise today and GU barely 60-something pips. I usually dont like when they don't align. So I am staying out. If it breaks the top I will wait and sell the very top. If it dumps I will not buy.
  • #557,620
  • Nov 6, 2020 10:11am Nov 6, 2020 10:11am
Quoting shahab8b
{quote} The implied probability is 93% vs 7% atm. There are website that offers these kind of bets. You can make almost $2000 if you bet $100 right now.
Thanks. I usually like seeing your charts. You are correct with the math, I just intentionally do not do any online betting. The only time I ever tried it was 2013 and I didn't feel okay about it.
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