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Cable Update (GBPUSD)

  • #559,141
  • Nov 16, 2020 11:15am Nov 16, 2020 11:15am
My Custom Volume indicator + SW
Testing mode
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Le$$ I$ More
  • #559,142
  • Nov 16, 2020 12:44pm Nov 16, 2020 12:44pm
...now that's what you call congestion/consolidation/whatever it's called....3 attempts at the range lo, 3 attempts at the range hi...1hr below.

How are you 'ultra-confident' bulls and bears doing ? alrighty ? Anyone lost the faith yet ? It's gotta break sometime - which way though ?
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Trader with an Edge.
  • #559,143
  • Nov 16, 2020 12:55pm Nov 16, 2020 12:55pm
Quoting Headland
...now that's what you call congestion/consolidation/whatever it's called....3 attempts at the range lo, 3 attempts at the range hi...1hr below. How are you 'ultra-confident' bulls and bears doing ? alrighty ? Anyone lost the faith yet ? It's gotta break sometime - which way though ? {image}
Im still holding my longs
  • #559,144
  • Nov 16, 2020 1:00pm Nov 16, 2020 1:00pm
Quoting fxmasterdxb
{quote} Im still holding my longs
Time for USD to die!

I am still bullish Cable...We are still above Friday's levels. Sure we are under 1.32, but we have 2 hours, might just push over.
I will tear the world apart for you.
  • #559,145
  • Nov 16, 2020 1:02pm Nov 16, 2020 1:02pm
Quoting fxmasterdxb
{quote} Im still holding my longs
Good Luck to you.
Trader with an Edge.
  • #559,146
  • Nov 16, 2020 1:04pm Nov 16, 2020 1:04pm
Tomorrow have to take note on 1.3264 area again.. Maybe will reject from There or bounce continue.
  • #559,147
  • Nov 16, 2020 1:48pm Nov 16, 2020 1:48pm
Bearish case---5min chart, top head and shoulder, after bearish flag, channel is brocken, big head and shoulder 4h, small head and shoulder,.. for bull just not so strong uptrend
  • #559,148
  • Nov 16, 2020 1:50pm Nov 16, 2020 1:50pm
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  • #559,149
  • Nov 16, 2020 1:54pm Nov 16, 2020 1:54pm
Very tight range, will it break up or down?
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  • #559,150
  • Nov 16, 2020 1:56pm Nov 16, 2020 1:56pm
i somehow really like that price came to my entry point with spike, maybe is good thing, also is broken channel upper line checked, to many small things for me to be a buyer in this market
  • #559,151
  • Nov 16, 2020 2:03pm Nov 16, 2020 2:03pm
15 min pattern looks familiar


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Follow The Markets Structure - Patience and Discipline
  • #559,152
  • Nov 16, 2020 2:38pm Nov 16, 2020 2:38pm
...
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Always trade your own plan...I don't provide trading signals.
  • #559,153
  • Nov 16, 2020 4:06pm Nov 16, 2020 4:06pm
Booooooring
Patience.....
  • #559,154
  • Nov 16, 2020 4:23pm Nov 16, 2020 4:23pm
Quoting Fredo219
Booooooring
You can say that again with an ATR of only 77 it was a boring trading day for sure.
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  • #559,155
  • Edited 10:47pm Nov 16, 2020 8:33pm | Edited 10:47pm
Quoting Ksth
Tomorrow have to take note on 1.3264 area again.. Maybe will reject from There or bounce continue.
Change tp to 1.3264 to 1.3333 then short from there. Good luck and green pips
  • #559,156
  • Nov 16, 2020 8:35pm Nov 16, 2020 8:35pm
Quoting Barnell
{quote} Time for USD to die! I am still bullish Cable...We are still above Friday's levels. Sure we are under 1.32, but we have 2 hours, might just push over.
Bulls doing okay I guess.

I remain bullish, but have changed my stance to cautiously bullish. As I said over the weekend, dips were bought, profits were taken, load and exposure were managed. The best way to make pips is to manage volatility and not get married to any positions. Remember, half of the marriages in the world end in divroces. If you want to marry your FX position, you will fail at least half the time, not to mention spend many days in msery!

Cautiously bullish.

Bulls intraday target-1.3310.

Bears intraday target-1.3140.

Did Bulls advance yesterday? The answer is yes. But did they stomped the ground? The answer is no.
I will tear the world apart for you.
  • #559,157
  • Nov 16, 2020 9:02pm Nov 16, 2020 9:02pm
Quoting Barnell
{quote} Bulls doing okay I guess. I remain bullish, but have changed my stance to cautiously bullish. As I said over the weekend, dips were bought, profits were taken, load and exposure were managed. The best way to make pips is to manage volatility and not get married to any positions. Remember, half of the marriages in the world end in divroces. If you want to marry your FX position, you will fail at least half the time, not to mention spend many days in msery! Cautiously bullish. Bulls intraday target-1.3310. Bears...
Yesterday I saw your account to temporarily suspend. Is there a reason?
  • #559,158
  • Nov 16, 2020 9:07pm Nov 16, 2020 9:07pm
Quoting Arief-
{quote} Yesterday I saw your account to temporarily suspend. Is there a reason?
Probably got reported by charlatan commercial members. Shrugs. Don't really care. If I can't have my fun here in between trades, I simply surf other sites.
I will tear the world apart for you.
  • #559,159
  • Nov 16, 2020 9:45pm Nov 16, 2020 9:45pm
TODAY

buy zone
1.3160
1.3110
1.3035

sell zone
1.3260
1.3305
1.3380
  • #559,160
  • Nov 16, 2020 10:08pm Nov 16, 2020 10:08pm
61% of FF is short on Cable with average price of 1.2991.
I will tear the world apart for you.
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