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Cable Update (GBPUSD)

  • #558,361
  • Nov 11, 2020 2:27am Nov 11, 2020 2:27am
Quoting fxmasterdxb
{quote} thats what happens every time bro, look at gold the other day, it went up approx 70 pips upon release of news before dropping approx 1,000 pips
I agree. NFP/BOE/Fed announcements have similar dynamics.
  • #558,362
  • Nov 11, 2020 2:28am Nov 11, 2020 2:28am
Quoting pipfarm
{quote} It sure is weird, its like someone somewhere is running an algorithm that reacts to news releases causing chaos in the markets, i can not imagine a trading institution reacting to every news release so it must be these pesky algos
No im not saying that, im saying that every bad news comes with strong pound
Twitter: Rummer_grapes
  • #558,363
  • Nov 11, 2020 2:34am Nov 11, 2020 2:34am
Quoting Bacco
{quote} No im not saying that, im saying that every bad news comes with strong pound

i see what your saying, good question why always after a rally and strong pound, big players underhand tactics know the news algos will react to these releases so i guess maybe they time the releases to coincide with thier agenda.

Its not something i worry about, follow price structure and you will be fine
Follow The Markets Structure - Patience and Discipline
  • #558,364
  • Nov 11, 2020 2:41am Nov 11, 2020 2:41am
...5min below showing the 1st upside obstacle for the bulls - those prev sw lo's = prev supp = pot sbr...failed at 2 attempts (so far ?)
dly range so far = 59% of 30 day adr.
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Trader with an Edge.
  • #558,365
  • Nov 11, 2020 2:42am Nov 11, 2020 2:42am
Quoting MoneyZilla
{quote} I will post mines, once they post theirs!
That's why I reduced posting my incorrect analyses......there are a lot of FF police who'll threaten you.
Lost....
  • #558,366
  • Nov 11, 2020 2:47am Nov 11, 2020 2:47am
The Big Boys are selling the Cable.
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Are you, too?
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S.O.E.R
Sell. On. Every. Rise.
Maadik Hugiis. IQ 69.
  • #558,367
  • Nov 11, 2020 2:51am Nov 11, 2020 2:51am
I keep buying USD

Attached Image
COT: The precious data ignored
  • #558,368
  • Nov 11, 2020 2:53am Nov 11, 2020 2:53am
Quoting fxmasterdxb
{quote} thats what happens every time bro, look at gold the other day, it went up approx 70 pips upon release of news before dropping approx 1,000 pips

Exactly as the popular Chinese saying goes:
A war with 20+ mil deaths, starts with a... single shot (in Bosnia)!
Maadik Hugiis. IQ 69.
  • #558,369
  • Nov 11, 2020 2:55am Nov 11, 2020 2:55am
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Twitter: Rummer_grapes
  • #558,370
  • Nov 11, 2020 3:00am Nov 11, 2020 3:00am
IF 1.3240 holds then we could be heading to 1.3330
  • #558,371
  • Nov 11, 2020 3:01am Nov 11, 2020 3:01am
Quoting MoneyZilla
{quote} Exactly as the popular Chinese saying goes: A war with 20+ mil deaths, starts with a... single shot (in Bosnia)!
single shot happens every now and then, every single shot is not followed with a war!
My Currency is Urgency
  • #558,372
  • Nov 11, 2020 3:09am Nov 11, 2020 3:09am
Quoting fxmasterdxb
IF 1.3240 holds then we could be heading to 1.3330
I agree it will move up rest of the day.
  • #558,373
  • Nov 11, 2020 3:14am Nov 11, 2020 3:14am
Nice sl hunt.. bears are looking good
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  • #558,374
  • Nov 11, 2020 3:28am Nov 11, 2020 3:28am
Quoting Forexmint
{quote} single shot happens every now and then, every single shot is not followed with a war!

Since you have subscribed to me, adding to my glory, here is a little reward for you. MZ's shorts...
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Maadik Hugiis. IQ 69.
  • #558,375
  • Nov 11, 2020 3:29am Nov 11, 2020 3:29am
We are at 50/50 once again, the bulls are not going to give up easily.

EURUSD November in the Spotlight
Risk Management is of utmost importance!
  • #558,376
  • Nov 11, 2020 3:32am Nov 11, 2020 3:32am
like i said yesterday, 1.3253 zone (yellow box) very hard to break intraday.
if it fall on 1h close below, maybe we can look for short, i prefer not to cause the next S is not that far.
when it falls it will take everything in one shot, bulls are building walls every move up.
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  • #558,377
  • Nov 11, 2020 3:34am Nov 11, 2020 3:34am
Quoting MoneyZilla
{quote} Since you have subscribed to me, adding to my glory, here is a little reward for you. MZ's shorts... {image}
shows open trades; doesnt say which side!
why is your DM disabled?
My Currency is Urgency
  • #558,378
  • Nov 11, 2020 3:52am Nov 11, 2020 3:52am
Quoting Forexmint
{quote} shows open trades; doesnt say which side!

Is it better now?
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Quote
why is your DM disabled?

Just keeping my reputation Clean & Dandy
Maadik Hugiis. IQ 69.
  • #558,379
  • Nov 11, 2020 3:59am Nov 11, 2020 3:59am
Sold again at 280.. its last touch today there on resistance
  • #558,380
  • Nov 11, 2020 4:00am Nov 11, 2020 4:00am
This is not logic pair.
I swear to god , this is the last time i am trading him.
Dx is broke up , it go up with him
Eg go up , it go up with him
I love crazy , but not logic , i don't
yes yes yes
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