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Cable Update (GBPUSD)

  • #558,761
  • Nov 13, 2020 7:38am Nov 13, 2020 7:38am
Quoting OnlineAddict
{quote} How do you see different numbers than I do?? I don't get it. {image}
I have no idea, let's get a third party to have a look?

Perhaps my eyes are old...
I will tear the world apart for you.
  • #558,762
  • Nov 13, 2020 7:39am Nov 13, 2020 7:39am
Quoting kuroro001
{quote} Good photoshop skills dude j/k!! It will stay the mystery of FF !
Yeah, I wish I was that good in photoshop...I can barely use MS paint for the arrows I add to my charts.
Everyone can see the chart, but only a few can actually read it.
  • #558,763
  • Nov 13, 2020 7:40am Nov 13, 2020 7:40am
Quoting Barnell
{quote} I have no idea, let's get a third party to have a look? Perhaps my eyes are old...
I will contact FF, curious what they say about it.
Everyone can see the chart, but only a few can actually read it.
  • #558,764
  • Nov 13, 2020 7:41am Nov 13, 2020 7:41am
18 min GBPMPC Member Tenreyro Speaks
18 min EURGerman Buba Mauderer Speaks

Ready for the ride?
I will tear the world apart for you.
  • #558,765
  • Nov 13, 2020 7:42am Nov 13, 2020 7:42am
Quoting OnlineAddict
{quote} I will contact FF, curious what they say about it.
Update me/us lmao.
I will tear the world apart for you.
  • #558,766
  • Nov 13, 2020 7:43am Nov 13, 2020 7:43am
Quoting kuroro001
{quote} Good photoshop skills dude j/k!! It will stay the mystery of FF !
I am very familiar with photoshop. Unfortunately, at the wrong end of it. Darn Chinese hookers like to photoshop their photos and cheat consumers!

PS: I am half-Chinese myself, before any Chinese have their panties in a bunch.
I will tear the world apart for you.
  • #558,767
  • Nov 13, 2020 7:47am Nov 13, 2020 7:47am
Quoting Barnell
{quote} I am very familiar with photoshop. Unfortunately, at the wrong end of it. Darn Chinese hookers like to photoshop their photos and cheat consumers! PS: I am half-Chinese myself, before any Chinese have their panties in a bunch.
Too much info here man

I prefer the old school way, chasing on my own
COT: The precious data ignored
  • #558,768
  • Nov 13, 2020 7:49am Nov 13, 2020 7:49am
Quoting kuroro001
{quote} Too much info here man I prefer the old school way, chasing on my own
I don't know what you spend your profit on, but I make plenty and spending a portion on scotch and hookers, which helps to calm my nerves for better trading, in my opinion, is a great ROI.
I will tear the world apart for you.
  • #558,769
  • Nov 13, 2020 7:51am Nov 13, 2020 7:51am
Quoting fxmasterdxb
1.3185-1.32 could provide a good opportunity to short, will assess and look for weakness to sell

Did you keep your gold long open?
Follow The Markets Structure - Patience and Discipline
  • #558,770
  • Nov 13, 2020 7:56am Nov 13, 2020 7:56am
It doesn't seem that it will be going down, but I wish it did.
Risk Management is of utmost importance!
  • #558,771
  • Nov 13, 2020 7:57am Nov 13, 2020 7:57am
Quoting pipfarm
{quote} Did you keep your gold long open?
Unfortunately no closed yesterday with 25 pip
would have been great if i managed to catch this move, no worries Im sure there will more opportunities in the future
Edit: there are multiple of confluences at 1900/1899, I have set a sell limit over there
  • #558,772
  • Nov 13, 2020 7:58am Nov 13, 2020 7:58am
I sold at 1.3169, sl 75 pips, tp much lower.

Technically (short-term), I think 1.318-1.322 zone is difficult to break; I hope it holds.
Technically (longer-term), 1.33 was the target tor the bulls, and it was achieved. If 1.35 is not in play, there may be little incentive to return higher -- unless my stop absolutely has to be collected of course.

Fundamentally, the market has to start pricing in Brexit talks collapse. 100 pips fall from 1.33 is definitely not the reaction that would signify markets taking no-deal Brexit seriously. But if there is no breakthrough next week, and I really can't see it happen, the markets will become nervous. Other fundamental topics look to have exhausted positive potential as well -- Biden win priced in, vaccine optimism priced in; but as everybody knows, there is a lot of negatives that may come into focus.

Danger of course is the timing. I am convinced GU selloff will start soon, but the markets may want to lift it one last time.
  • #558,773
  • Nov 13, 2020 7:59am Nov 13, 2020 7:59am
Quoting fxmasterdxb
Buying here at 1.3160, targeting 1.3205
Boring friday, closed at 1.3170
  • #558,774
  • Nov 13, 2020 8:00am Nov 13, 2020 8:00am
Quoting fxmasterdxb
{quote} Unfortunately no closed yesterday with 25 pip would have been great if i managed to catch this move, no worries Im sure there will more opportunities in the future
Any profit is good, just waiting for cable to show some downside confirmation, target 2943 but i think it might not happen until Monday now.
Follow The Markets Structure - Patience and Discipline
  • #558,775
  • Nov 13, 2020 8:05am Nov 13, 2020 8:05am
Quoting fxmasterdxb
{quote} Boring friday, closed at 1.3170
the rule of the thread is you need to sell now, and then it pop to 1.3205
  • #558,776
  • Nov 13, 2020 8:06am Nov 13, 2020 8:06am
Quoting gatenio
{quote} the rule of the thread is you need to sell now, and then it pop to 1.3205
Do you need me to do the honor?
I will tear the world apart for you.
  • #558,777
  • Nov 13, 2020 8:07am Nov 13, 2020 8:07am
Quoting gatenio
{quote} the rule of the thread is you need to sell now, and then it pop to 1.3205
Haha, im not expecting much movement today, probably ranging between 1.3150-1.3180
  • #558,778
  • Nov 13, 2020 8:08am Nov 13, 2020 8:08am
Quoting Barnell
{quote} Do you need me to do the honor?
im not sure you are a trader, look more like a spammer.
  • #558,779
  • Nov 13, 2020 8:09am Nov 13, 2020 8:09am
Quoting pipfarm
{quote} Any profit is good, just waiting for cable to show some downside confirmation, target 2943 but i think it might not happen until Monday now.
Well i think we are in middle ways for cable, either it bounces back and carry’s on to 1.33 and above or continues down to touch the trendline at the point you have mentioned, I think im done for the day will wait for next week
  • #558,780
  • Nov 13, 2020 8:09am Nov 13, 2020 8:09am
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yes yes yes
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