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Cable Update (GBPUSD)

  • #559,001
  • Nov 16, 2020 4:04am Nov 16, 2020 4:04am
Quoting Ehsank78
GU is a big sell. Will reach 1.29 by NY session. Just kidding. i am long too.
the drop is coming
Attached Image (click to enlarge)
Click to Enlarge Name: gu3.png Size: 39 KB
yes yes yes
  • #559,002
  • Nov 16, 2020 4:05am Nov 16, 2020 4:05am
Quoting kuroro001
{quote} Lets go back first to 3170 weekly open
And we are done here
Nice fake rise, drop towards weekly open

Now if we break the 3150 big vol, we should challenge 3100....for 3020/37
COT: The precious data ignored
  • #559,003
  • Nov 16, 2020 4:06am Nov 16, 2020 4:06am
1.31588 it a potential buy, just for scalp.. maybe bulls will show up..
i will try it but wont hold it for long.
  • #559,004
  • Nov 16, 2020 4:07am Nov 16, 2020 4:07am
Quoting Barnell
{quote} Unless NY Empire State Manufacturing Index (Nov) prints crazy figures, I think the low of the day has been seen. I might be wrong.
So...I am wrong.
I will tear the world apart for you.
  • #559,005
  • Nov 16, 2020 4:08am Nov 16, 2020 4:08am
Quoting Ehsank78
{quote} what is a good price to go long?
I cannot pin point a specific price, however, around 1.3160 should be a good place, you need to look for reversal signal on smaller TF’s first for confirmation
  • #559,006
  • Nov 16, 2020 4:09am Nov 16, 2020 4:09am
buy area today

1.3143
1.3085
  • #559,007
  • Nov 16, 2020 4:10am Nov 16, 2020 4:10am
Quoting gatenio
wonder when all bulls will start posting shorts..
Haha i wont, like i said my plan is buying the dips and sure i can see a dip now i need to find the right spot to long
  • #559,008
  • Nov 16, 2020 4:11am Nov 16, 2020 4:11am
very strong rejection of 4h top with large bearish outside bar
Follow The Markets Structure - Patience and Discipline
  • #559,009
  • Nov 16, 2020 4:18am Nov 16, 2020 4:18am
Quoting OnlineAddict
I would like to thank all the confident bulls from earlier today to make this bear move possible. Thanks a keep up the good work!
We are still higher than Friday..
I will tear the world apart for you.
  • #559,010
  • Nov 16, 2020 4:21am Nov 16, 2020 4:21am
Quoting Ehsank78
{quote} what is a good price to go long?
IMO .. we could setup for buy after price touch around 1.30597 as d1 structure.
Suro Diro Joyoningrat Lebur Dening Pangastuti
  • #559,011
  • Nov 16, 2020 4:22am Nov 16, 2020 4:22am
Quoting fxmasterdxb
{quote} Haha i wont, like i said my plan is buying the dips and sure i can see a dip now i need to find the right spot to long
maybe not today.. but everything is open now.
surely i will press on the buy button today 1.315? for sure a buy.. i dont know where.
  • #559,012
  • Nov 16, 2020 4:22am Nov 16, 2020 4:22am
now bear take over.. HnS ON 4H look solid now

area to watch 1.3100-1.3140.. maybe bull hide somewhere at that area
Trade what you see, not what you think.. react and stay sharp..
  • #559,013
  • Nov 16, 2020 4:22am Nov 16, 2020 4:22am
Quoting kuroro001
{quote} And we are done here Nice fake rise, drop towards weekly open Now if we break the 3150 big vol, we should challenge 3100....for 3020/37
H4 candle has 2 more hours to run , and already we have at least 1.31000 area as a potential target
Attached Image (click to enlarge)
Click to Enlarge Name: gu3.png Size: 21 KB
yes yes yes
  • #559,014
  • Nov 16, 2020 4:22am Nov 16, 2020 4:22am
G/M, ...move down from current dly hi - 3242 breeches steepest 1hr asc t/line and gives back over 50% of the 3107-3242 move at the current lo. 1hr below. Testing zone to today's open/current lo...61.8% of said move below that.
Attached Image (click to enlarge)
Click to Enlarge Name: f2e5c4c20851e475a6f1ac7d08d4138d.png Size: 42 KB
Trader with an Edge.
  • #559,015
  • Nov 16, 2020 4:23am Nov 16, 2020 4:23am
Quoting miedpreneur
now bear take over.. HnS ON 4H look solid now
my trailing is on its way .. hope price will smash my TP target... insha allah
Suro Diro Joyoningrat Lebur Dening Pangastuti
  • #559,016
  • Nov 16, 2020 4:25am Nov 16, 2020 4:25am
Quoting Barnell
{quote} We are still higher than Friday..
It is really how one positioned...some were selling at 1.3150 last Friday and thus still in red...

Some bought last Friday and still positive...let's see...

Neither bulls nor bears are targeting small moves...both parties are gunning for 300 pips at least...let's see which camp gets it..
I will tear the world apart for you.
  • #559,017
  • Nov 16, 2020 4:26am Nov 16, 2020 4:26am
Quoting pinguin
{quote} my trailing is on its way .. hope price will smash my TP target... insha allah
target nya berapa bro.. saya sih 1.3108 kurleb.
Trade what you see, not what you think.. react and stay sharp..
  • #559,018
  • Nov 16, 2020 4:28am Nov 16, 2020 4:28am
Best music to listen when trading Cable..

Inserted Video
I will tear the world apart for you.
  • #559,019
  • Nov 16, 2020 4:29am Nov 16, 2020 4:29am
Quoting miedpreneur
{quote} target nya berapa bro.. saya sih 1.3108 kurleb.
for sure my TP1 already HIT .. my TP3 on 1.305xx where the price will facing D1 S/R on that level... well.. so personally i set my TP3 on that level.

1.3108 is my TP2 target
Suro Diro Joyoningrat Lebur Dening Pangastuti
  • #559,020
  • Nov 16, 2020 4:30am Nov 16, 2020 4:30am
Quoting pinguin
{quote} for sure my TP1 already HIT .. my TP3 on 1.305xx
well done..
Trade what you see, not what you think.. react and stay sharp..
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