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Cable Update (GBPUSD)

  • #558,501
  • Nov 12, 2020 12:52am Nov 12, 2020 12:52am
Not totally sure if Pound is ready for this target just yet,
but it is coming...
Attached Image (click to enlarge)
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Compulsions can be hard to resist
  • #558,502
  • Nov 12, 2020 1:30am Nov 12, 2020 1:30am
no impact from the data .
the drop is here
brexit phone home
Attached Image (click to enlarge)
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yes yes yes
  • #558,503
  • Nov 12, 2020 1:35am Nov 12, 2020 1:35am
Waiting to see if there could a rise from here, to add shorts

All upside vol area have been reached though....hmm
COT: The precious data ignored
  • #558,504
  • Nov 12, 2020 1:37am Nov 12, 2020 1:37am
Close all my pos..waiting new setup to sell
  • #558,505
  • Nov 12, 2020 1:42am Nov 12, 2020 1:42am
looking at 1.322 area to start shorting.

all major pairs (except nu) are bearish 4h.
  • #558,506
  • Nov 12, 2020 1:47am Nov 12, 2020 1:47am
Quoting nutgm5169
how much wave c stop
Buy limit 1.3140
  • #558,507
  • Nov 12, 2020 1:49am Nov 12, 2020 1:49am
Good Morning!
My bears are leading.

GBPUSD November in the Spotlight
EURUSD November in the Spotlight
Risk Management is of utmost importance!
  • #558,508
  • Nov 12, 2020 1:50am Nov 12, 2020 1:50am
could rise from here. 3168
Intraday only.
  • #558,509
  • Nov 12, 2020 1:50am Nov 12, 2020 1:50am
so , the 1.31759 res worked in the end
wow , 130 pips short squeeze
Attached Image(s) (click to enlarge)
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yes yes yes
  • #558,510
  • Nov 12, 2020 1:56am Nov 12, 2020 1:56am
There is little point in making longer term bearish or bullish predictions, when the alternate candle view has not yet presented itself.
Compulsions can be hard to resist
  • #558,511
  • Nov 12, 2020 2:05am Nov 12, 2020 2:05am
Quoting Moty
so , the 1.31759 res worked in the end wow , 130 pips short squeeze {image} {image} {image}
moty, when there is little retrace in asia, expect retrace in London.
Intraday only.
  • #558,512
  • Nov 12, 2020 2:08am Nov 12, 2020 2:08am
Quoting fxmasterdxb
{quote} What about a touch of 1941 I know its a long shot but I have a big fat lot waiting over there to get triggered, if not by today/tomorrow i will delete it
1965 who would have though, Monday sell off massive rejection virtually impossible to get entry :-(
If you are new to Forex? Say Goodbye to your account!!
  • #558,513
  • Nov 12, 2020 2:12am Nov 12, 2020 2:12am
Quoting KiwiTrada
{quote} 1965 who would have though, Monday sell off massive rejection virtually impossible to get entry :-(
could be decent pullback exotics kiwi 69c aussie 73c
If you are new to Forex? Say Goodbye to your account!!
  • #558,514
  • Nov 12, 2020 2:13am Nov 12, 2020 2:13am
Quoting navk
{quote} moty, when there is little retrace in asia, expect retrace in London.
Little retrace or no retrace, right?
Risk Management is of utmost importance!
  • #558,515
  • Nov 12, 2020 2:14am Nov 12, 2020 2:14am
Quoting KiwiTrada
{quote} 1965 who would have though, Monday sell off massive rejection virtually impossible to get entry :-(
battered bulls struggling with pull back?
If you are new to Forex? Say Goodbye to your account!!
  • #558,516
  • Nov 12, 2020 2:15am Nov 12, 2020 2:15am
Quoting RCtrader
{quote} Little retrace or no retrace, right?
usually when price falles/rises without retrace, expect retrace at S1 or R1 and that is the time London opens
Intraday only.
  • #558,517
  • Nov 12, 2020 2:16am Nov 12, 2020 2:16am
Quoting trumps
There is little point in making longer term bearish or bullish predictions, when the alternate candle view has not yet presented itself.
but that it's tactical analyze , you predict what is going to happened in area of s&r.
i can't trade the candle after it formed
Attached Image (click to enlarge)
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yes yes yes
  • #558,518
  • Edited 2:28am Nov 12, 2020 2:17am | Edited 2:28am
Quoting navk
{quote} moty, when there is little retrace in asia, expect retrace in London.
the retrace is over .
the drop is here
Attached Image(s) (click to enlarge)
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yes yes yes
  • #558,519
  • Nov 12, 2020 2:18am Nov 12, 2020 2:18am
Quoting navk
could rise from here. 3168
Agree..

I am looking at 1.34 as a target area..

SS
  • #558,520
  • Nov 12, 2020 2:19am Nov 12, 2020 2:19am
Quoting Moty
{quote} the retrace is over . the drop is here {image}
to me, the stop is 3168.

will be all out if it hits 3168
Intraday only.
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