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Cable Update (GBPUSD)

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  • Post #558,041
  • Quote
  • Nov 10, 2020 1:25am Nov 10, 2020 1:25am
  •  fxmasterdxb
  • Joined May 2012 | Status: Senior Member | 2,398 Posts
Sold at 1.3179, looking for 1.3140 at least
 
 
  • Post #558,042
  • Quote
  • Nov 10, 2020 1:56am Nov 10, 2020 1:56am
  •  MoneyZilla
  • Joined Dec 2015 | Status: Suuka Maadik | 3,630 Posts
S.O.E.R.
Sell. On. Every. Rise.
Yes! We are growing!
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Maadik Hugiis. IQ 69.
 
 
  • Post #558,043
  • Quote
  • Nov 10, 2020 2:03am Nov 10, 2020 2:03am
  •  montygoldy
  • Joined May 2017 | Status: Intermediate Trader | 2,010 Posts
Quoting montygoldy
Disliked
{quote} nearly all positions positive..... probably hit my tp in this hourly or next hourly candle....
Ignored
As i said tp hit all of them
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Extreme gut feeling trader
MontyGoldy - Road to 100k Return This Week: na
 
4
  • Post #558,044
  • Quote
  • Nov 10, 2020 2:36am Nov 10, 2020 2:36am
  •  RCtrader
  • Joined Aug 2018 | Status: Honourable Member | 1,806 Posts
MM manipulate the market on green data. lol
November in the Spotlight
Risk Management is of utmost importance!
 
 
  • Post #558,045
  • Quote
  • Nov 10, 2020 2:37am Nov 10, 2020 2:37am
  •  ricmaj
  • Joined Jun 2011 | Status: Member | 1,310 Posts
if yesterday was anything to go by, then prices might reach 31080 to confirm the value of 89 pips. Sellers would be looking keenly at that price.
Keep the Lights on then you can catch the rise from the dark.
 
 
  • Post #558,046
  • Quote
  • Nov 10, 2020 2:46am Nov 10, 2020 2:46am
  •  Stonar901
  • | Joined Jul 2012 | Status: Member | 520 Posts
Quoting montygoldy
Disliked
{quote} As i said tp hit all of them {image}
Ignored
Very good job there
 
1
  • Post #558,047
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  • Nov 10, 2020 3:00am Nov 10, 2020 3:00am
  •  Moty
  • Joined Dec 2017 | Status: Member | 21,610 Posts
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  • Post #558,048
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  • Nov 10, 2020 3:08am Nov 10, 2020 3:08am
  •  montygoldy
  • Joined May 2017 | Status: Intermediate Trader | 2,010 Posts
if it spikes up above 1.32 will start building shorts....
Extreme gut feeling trader
MontyGoldy - Road to 100k Return This Week: na
 
2
  • Post #558,049
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  • Nov 10, 2020 3:12am Nov 10, 2020 3:12am
  •  JayBag
  • Joined May 2016 | Status: Clueless | 6,418 Posts
Morning Traders,

I am looking to stack a LONG at 1.30395..
thing is, I have no idea of a turning point to the above handle but I really want to buy around there..

Let's See
StaySafe
 
3
  • Post #558,050
  • Quote
  • Nov 10, 2020 3:19am Nov 10, 2020 3:19am
  •  montygoldy
  • Joined May 2017 | Status: Intermediate Trader | 2,010 Posts
Quoting montygoldy
Disliked
if it spikes up above 1.32 will start building shorts....
Ignored
n it did .....time for the action...
Extreme gut feeling trader
MontyGoldy - Road to 100k Return This Week: na
 
1
  • Post #558,051
  • Quote
  • Nov 10, 2020 3:22am Nov 10, 2020 3:22am
  •  sunnym
  • | Joined May 2012 | Status: Member | 381 Posts
Bulls are in control ,lets see what the guys want to do
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1
  • Post #558,052
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  • Nov 10, 2020 3:26am Nov 10, 2020 3:26am
  •  Moty
  • Joined Dec 2017 | Status: Member | 21,610 Posts
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  • Post #558,053
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  • Nov 10, 2020 3:30am Nov 10, 2020 3:30am
  •  pipfarm
  • Joined Oct 2010 | Status: Member | 3,012 Posts
It looks like we are out of the hourly correction , although i do not understand the corrective pattern itself ,we are out of it so i would assume this is the larger wave 5 of the whole structure so have taken a long position.
Follow The Markets Structure - Patience and Discipline
 
 
  • Post #558,054
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  • Nov 10, 2020 3:35am Nov 10, 2020 3:35am
  •  Mitiblotch
  • Joined Sep 2017 | Status: Member | 7,262 Posts
Quoting gespiri
Disliked
{quote} Stop watching the MSM and do the research on your own.
Ignored
Either of three things:
1. They are watching mainstream media, who are criminals by the way.
2. They don't care about the US
3. They are somehow part of the fraud.

I see many are still waiting for Biden to get to the White House and some even foolishly calling him president elect. Under what law? None of the ballots have been certified by any state. The US election is called by the court, not media. The real college voters have not even voted, which will happen in December. And the constitution actually states that the various state legislatures can change the college voters even at last minute before the December main votes, meaning the states with republican leanings can change the college voters and choose those who represent their choice. The supreme court calls the election after this, and if they can't due to discrepancies and disagreements, they send it to congress. At this stage, each state gets ONLY ONE member to vote. So states like California with many DNC representatives, get just one voter. So at this stage it is no longer a matter of how many reps that state has in the House.

I know many Americans don't even know this part of their constitution. Lol...

The people who wrote that constitution are geniuses. I only see a situation where Biden's fall is loud and hard. Very hard. All this media rush is just to see if they can make Trump walk away. But Mr. Trump fights to the death. He is the wrong person to push, and they know it. Funny enough Georgia and Arizona are up again due to recounts and machine glitches...

I'm taking advantage of the whipsaws and making the pips as much I can.
https://www.myfxbook.com/members/mitiblotch/mt5-10567385/9464692
 
6
  • Post #558,055
  • Quote
  • Nov 10, 2020 3:40am Nov 10, 2020 3:40am
  •  emannnn
  • | Joined Jun 2020 | Status: Member | 98 Posts
Quoting emannnn
Disliked
hi fellas. i think we r in this scenario {image}
Ignored
i think wave 5 is complete and i am looking for big short now . my entery: 1.3215 sl: 1.3233 tp: 1.29000
 
1
  • Post #558,056
  • Quote
  • Nov 10, 2020 3:42am Nov 10, 2020 3:42am
  •  Whale
  • Joined Jun 2013 | Status: Underwater | 8,485 Posts
Quoting pipfarm
Disliked
It looks like we are out of the hourly correction , although i do not understand the corrective pattern itself ,we are out of it so i would assume this is the larger wave 5 of the whole structure so have taken a long position.
Ignored
what tf you count it?
Insolvent
 
 
  • Post #558,057
  • Quote
  • Nov 10, 2020 3:44am Nov 10, 2020 3:44am
  •  goldencalf
  • Joined Apr 2019 | Status: Member | 297 Posts
Quoting Mitiblotch
Disliked
{quote} Either of three things: 1. They are watching mainstream media, who are criminals by the way. 2. They don't care about the US 3. They are somehow part of the fraud. I see many are still waiting for Biden to get to the White House and some even foolishly calling him president elect. Under what law? None of the ballots have been certified by any state. The US election is called by the court, not media. The real college voters have not even voted, which will happen in December. And the constitution actually states that the various state legislatures...
Ignored
wow, usa constitution is amazing thing...From slavery ages
 
1
  • Post #558,058
  • Quote
  • Nov 10, 2020 3:51am Nov 10, 2020 3:51am
  •  gespiri
  • Joined Oct 2011 | Status: Lost.... | 2,262 Posts
Quoting Mitiblotch
Disliked
{quote} Either of three things: 1. They are watching mainstream media, who are criminals by the way. 2. They don't care about the US 3. They are somehow part of the fraud. I see many are still waiting for Biden to get to the White House and some even foolishly calling him president elect. Under what law? None of the ballots ...He is the wrong person to push, and they know it. Funny enough Georgia and Arizona are up again due to recounts and machine glitches... I'm taking advantage of the whipsaws and making the pips as much I can.
Ignored
Many rabid Trump haters here (I don't know why) are not even US residents, let alone are familiar with the US Constitution.
Oh well.....
Lost....
 
2
  • Post #558,059
  • Quote
  • Nov 10, 2020 3:53am Nov 10, 2020 3:53am
  •  gespiri
  • Joined Oct 2011 | Status: Lost.... | 2,262 Posts
Quoting goldencalf
Disliked
{quote} wow, usa constitution is amazing thing...From slavery ages
Ignored
I know!!!.....based off the Magna Carta which is also the foundation of the present UK Acts of Parliament.
Lost....
 
 
  • Post #558,060
  • Quote
  • Nov 10, 2020 3:55am Nov 10, 2020 3:55am
  •  pipfarm
  • Joined Oct 2010 | Status: Member | 3,012 Posts
Quoting gatenio
Disliked
{quote} what tf you count it?
Ignored

If you look at the 4H you will see the whole structure 12345, hard to see the subdivisions of each wave unless you look at H1

IMHO its not important to count the waves , really imho elliott wave counting is useless, what i really look for is impulse/correction waves, impulse waves move with the larger degree wave , corrections move against.

Always better to me trading in the direction of the larger degree wave and that wave can be corrective or impulsive itself , that is fine so long as we trade in the direction of the larger degree wave , we will be in the right direction most of the time.
Follow The Markets Structure - Patience and Discipline
 
 
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