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Cable Update (GBPUSD)

  • #558,441
  • Nov 11, 2020 8:49am Nov 11, 2020 8:49am
End of next week is the assumed deadline for a Brexit Deal to make it through the European parliament before its to late.

7 days... I would expect uncertainty to start getting priced in today.
Que Sera
  • #558,442
  • Nov 11, 2020 8:52am Nov 11, 2020 8:52am
5 lower degree 15m waves complete, will it make an abc back to the top now before coming down again, i wonder?
Follow The Markets Structure - Patience and Discipline
  • #558,443
  • Nov 11, 2020 8:54am Nov 11, 2020 8:54am
At the same time... eurusd moves as predicted.

EURUSD November in the Spotlight
Risk Management is of utmost importance!
  • #558,444
  • Nov 11, 2020 9:03am Nov 11, 2020 9:03am
... 50% of the 3091-3314 move at the current dly lo in that prev 1hr/4hr sw hi = prev res = pot rbs zone which likely extends down to 3183 on 4hr. 1hr below.
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Trader with an Edge.
  • #558,445
  • Nov 11, 2020 9:08am Nov 11, 2020 9:08am
push push... common a small spike below 1.32 will hit my tp......
Extreme gut feeling trader
  • #558,446
  • Nov 11, 2020 9:13am Nov 11, 2020 9:13am
Quoting gatenio
GOLD is DROPDROPDROP. really want to buy it
h4 shows it has a lot of room to the downside still

But i don't trade gold, i'm just looking at it secretly
COT: The precious data ignored
  • #558,447
  • Nov 11, 2020 9:13am Nov 11, 2020 9:13am
Quoting kuroro001
{quote} h4 shows it has a lot of room to the downside still But i don't trade gold, i'm just looking at it secretly
i am already in for gold as well long.. tp 1877


Update: and that's the wrap for the shorts
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Extreme gut feeling trader
  • #558,448
  • Nov 11, 2020 9:17am Nov 11, 2020 9:17am
Quoting FireLazi
{image}
Target completed.
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Money Maker
  • #558,449
  • Nov 11, 2020 9:17am Nov 11, 2020 9:17am
Quoting montygoldy
{quote} i am already in for gold as well long.. tp 1877 Update: and that's the wrap for the shorts
Good luck with it
Selling the rallies is best but for a few points up everything is possible
COT: The precious data ignored
  • #558,450
  • Nov 11, 2020 9:21am Nov 11, 2020 9:21am
my original tp was 1.32020 and prce came down to 1.32032 and
gone up 10 pips to 1.32156 so i put my tp at 1.32045 and make sure it will be hit .
yes yes yes .
profitable day after a lot of losing days
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yes yes yes
  • #558,451
  • Nov 11, 2020 9:23am Nov 11, 2020 9:23am
Quoting Moty
my original tp was 1.32020 and prce came down to 1.32032 and gone up 10 pips to 1.32156 so i put my tp at 1.32045 and make sure it will be hit . yes yes yes . profitable day after a lot of losing days {image}
i dont know about ur broker but it went below 1.32 coz my tp was exact 1.32 and it hit it..... Other than that trying 1 small long for 40 pips...let see
Extreme gut feeling trader
  • #558,452
  • Nov 11, 2020 9:30am Nov 11, 2020 9:30am
Quoting montygoldy
{quote} i dont know about ur broker but it went below 1.32 coz my tp was exact 1.32 and it hit it..... Other than that trying 1 small long for 40 pips...let see
my broker is fine , i changed it to 1.32045 .
if i had left it on 1.32000 it would be it .
price for short position close at 1.32997 ( 1.31981 low of to day + 1.6 spread = 1.31997 )
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yes yes yes
  • #558,453
  • Nov 11, 2020 9:31am Nov 11, 2020 9:31am
Quoting pipcenturion
{quote} I went short according to my plan. I will be watching for activity from bulls to decide what I will do with the current trade. {image}
Sell trade closed for 89 pips profit.
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  • #558,454
  • Nov 11, 2020 9:47am Nov 11, 2020 9:47am
Quoting Wavegarrick
{quote} 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. {image}
Hi Guys,
A possible scenario with a retrace in mind towards my future daily pivot currently at 1.32364 ish. We could go into a bearish cycle. A bit too early to tell.
Cheers.
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Trade to trade another day
  • #558,455
  • Nov 11, 2020 9:50am Nov 11, 2020 9:50am
i sold new hourly low
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yes yes yes
  • #558,456
  • Nov 11, 2020 9:56am Nov 11, 2020 9:56am
Quoting Moty
i sold new hourly low {image}
You made a very late entry. The chances for it to move lower today are low.
Risk Management is of utmost importance!
  • #558,457
  • Nov 11, 2020 9:56am Nov 11, 2020 9:56am
Quoting RCtrader
{quote} You never disappoint me.
Time to collect the cash.
Risk Management is of utmost importance!
  • #558,458
  • Nov 11, 2020 9:58am Nov 11, 2020 9:58am
Quoting kuroro001
{quote} h4 has a few reversal candles yesterday, right now we are at new highs without strength so far If this current h4 close in the red (1h30 left) then i'll join bigger
So far its good
I'll keep my short, and maybe for 2800 and 2400 if the strength allows it
COT: The precious data ignored
  • #558,459
  • Nov 11, 2020 10:00am Nov 11, 2020 10:00am
Quoting RCtrader
{quote} You made a very late entry. The chances for it to move lower today are low.
never say never , it's only 40 pips above adr 126 pips
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yes yes yes
  • #558,460
  • Nov 11, 2020 10:00am Nov 11, 2020 10:00am
Quoting Moty
i sold new hourly low {image}
i went opposite... i feel there gonna a be spike up to 1.32300-400... just a gut feeling

but won't hold long..... if i see more bearish will close it..
Extreme gut feeling trader
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