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Cable Update (GBPUSD)

  • #558,201
  • Nov 10, 2020 8:59am Nov 10, 2020 8:59am
Quoting Arief-
Most people here thinking that prices will fall, maybe for hundreds of pips or more.., why, when, where? i don't get it stop playing with mind just look your chart and back to the zone.
Im on the sideline but maintaining bearish sentiment based in the bigger picture, however, if we pass 1.33 today it will change everything for me m.
Anyway, you dont need to rely or listen to others analysis, just look at your chart and take the right position
  • #558,202
  • Nov 10, 2020 9:03am Nov 10, 2020 9:03am
G/U
1.333x is an inverted H&S target and 1.3400 a Shark target ..
  • #558,203
  • Nov 10, 2020 9:04am Nov 10, 2020 9:04am
Quoting chess king
{quote} But if the shark develops the minimum target is 1.3400. I will be attentive {image}
is on the way..
  • #558,204
  • Nov 10, 2020 9:05am Nov 10, 2020 9:05am
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yes yes yes
  • #558,205
  • Nov 10, 2020 9:05am Nov 10, 2020 9:05am
Stong Wave-Set Inbound...
I will work to Objectively Identify my Edges
  • #558,206
  • Nov 10, 2020 9:09am Nov 10, 2020 9:09am
Quoting fxmasterdxb
{quote} With the current move, im expecting a new high Probably 1.3280/1.3290 and then drop
In the making
  • #558,207
  • Nov 10, 2020 9:12am Nov 10, 2020 9:12am
Quoting chess king
{quote} But if the shark develops the minimum target is 1.3400. I will be attentive {image}
is on the way..

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  • #558,208
  • Nov 10, 2020 9:20am Nov 10, 2020 9:20am
[quote=MoneyZilla;13256054]{quote} Hey, I haven't shown any fellow traders disrespect against anyone, including you. So, will keep calm for the next 24 hrs, still. Trying hard not to spoil this thread's main goal (selling the Cable, at the moment, based on thread's facts)

Sure thing Money Zilla-
My Apologies.
But as for the that being the Thread's Main Goal (Selling the Cable) i think that's absurd. -That being the
main goal. Encouraging younger traders to "Short" in an Uptrend is preposterous. -Now,
if it's a scalp or two- fine. But you're right, it's not on me & it's not on you, to ultimately get them
to click "buy" or "sell".

Again, my apologies.
But No one's Shorting for BIG FALL's at the Moment.
But i do agree on your 24 hr's thing for a breather maybe, and yes maybe a tiny trend change or retrace.
My Best,
My Apologies
I will work to Objectively Identify my Edges
  • #558,209
  • Nov 10, 2020 9:25am Nov 10, 2020 9:25am
Missed it by 2.5 pips no regrets
PA should head to 1.3150 at least, if it breaks 1.31 and 1.3080 then we may continue the bearish trend
  • #558,210
  • Nov 10, 2020 9:26am Nov 10, 2020 9:26am
Sold again. Daily close below 3174 required....
  • #558,211
  • Nov 10, 2020 9:32am Nov 10, 2020 9:32am
The sl hunters are working over time
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yes yes yes
  • #558,212
  • Nov 10, 2020 9:35am Nov 10, 2020 9:35am
Alright, so all short positions set.... with target 1.31825 no timeline hopefully this week ... time to go in deep meditation........
Extreme gut feeling trader
  • #558,213
  • Nov 10, 2020 9:38am Nov 10, 2020 9:38am
Quoting montygoldy
Alright, so all short positions set.... with target 1.31825 no timeline hopefully this week ... time to go in deep meditation........
Moment of truth, continuation or drop
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  • #558,214
  • Nov 10, 2020 9:39am Nov 10, 2020 9:39am
Should be free falling..
  • #558,215
  • Nov 10, 2020 9:41am Nov 10, 2020 9:41am
76.4% upside extension of y/day's daily candle at current dly hi...above that prev minor 4hr sw hi zone 3284-93 with 76.4% of 3482-2675 running thru it. Above that Dly R3 @ 3297. Bearish regular div on the 1min - 30min at the hi. 98% 30 day adr covered. 30min below.
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Trader with an Edge.
  • #558,216
  • Nov 10, 2020 9:49am Nov 10, 2020 9:49am
Quoting Wavegarrick
{quote} Hi Guys, I caught a buy trade today with NFP and did not post it for specific reasons. Too late in the cycle, NFP, friday and US Elections. I remain in a bullish cycle but this could all change in the coming week My special thanks to Shahab and Coreg2004. You Guys truly know your stuff and post the highest quality, we can all learn a great deal from you. Your inputs are truly appreciated Have a great weekend Guys Cheers. {image}
Hi Guys caught the 3 month ascending channel line ( magenta) at 1.32619. I do not go against the grain often, but with this in mind worth a shot. My system telling me we could go into a short cycle in the near future.
Cheers.
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Trade to trade another day
  • #558,217
  • Nov 10, 2020 9:57am Nov 10, 2020 9:57am
...15min and dly below (in that order) - 15min shows the 2 attempts and fails so far to make a decisive break out of that dly equidistant channel top
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Trader with an Edge.
  • #558,218
  • Nov 10, 2020 10:05am Nov 10, 2020 10:05am
Double top on M15, does this bring hope to bears?
November in the Spotlight
Risk Management is of utmost importance!
  • #558,219
  • Nov 10, 2020 10:06am Nov 10, 2020 10:06am
GO GO GO
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yes yes yes
  • #558,220
  • Nov 10, 2020 10:08am Nov 10, 2020 10:08am
Quoting fxmasterdxb
{quote} Moment of truth, continuation or drop {image}
i think we get an other high then drop
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