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Cable Update (GBPUSD)

  • #559,321
  • Nov 17, 2020 9:52am Nov 17, 2020 9:52am
Adding some new batch of buys here at market price ..

SS
  • #559,322
  • Nov 17, 2020 9:53am Nov 17, 2020 9:53am
Quoting fxmasterdxb
{quote} Agree, we are heading to 1.3285-1.33 soon
Let's see...I'm just watching Cable...

Today has been a busy day for me scalping gold on my tactical account...

Time to take a break...
Attached Image (click to enlarge)
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I will tear the world apart for you.
  • #559,323
  • Nov 17, 2020 9:55am Nov 17, 2020 9:55am
Quoting genadi
{quote} why? can you explain?
because NY session has tried to break its own low and failed. now probably breaking the above.
  • #559,324
  • Nov 17, 2020 10:03am Nov 17, 2020 10:03am
Quoting genadi
{quote} why? can you explain?
Its h4 chart, showing extreme upside move
Of course it can go more extreme, but at this stage here the risk/reward is very bad for longs
COT: The precious data ignored
  • #559,325
  • Nov 17, 2020 10:07am Nov 17, 2020 10:07am
Lots of speeches today. Currently ECB president Lagarde speaking. After 1 hour it's Ramsden turn. In 2 hours its Powell.

Could have some impact for sure.
  • #559,326
  • Nov 17, 2020 10:10am Nov 17, 2020 10:10am
just see more accumulation here so expect it rise some more.
In tea leaves we trust!
  • #559,327
  • Nov 17, 2020 10:11am Nov 17, 2020 10:11am
Quoting kuroro001
{quote} Its h4 chart, showing extreme upside move Of course it can go more extreme, but at this stage here the risk/reward is very bad for longs
if you can't buy, just sell .. haha (joke)
have a nice trade.. GL
Trade what you see, not what you think.. react and stay sharp..
  • #559,328
  • Nov 17, 2020 10:13am Nov 17, 2020 10:13am
There is some some strong support at 1.3244. Not able to break that.

Unfortunately that's my entry point.
  • #559,329
  • Nov 17, 2020 10:16am Nov 17, 2020 10:16am
Quoting Ehsank78
There is some some strong support at 1.3244. Not able to break that. Unfortunately that's my entry point.
Are you short?
  • #559,330
  • Nov 17, 2020 10:18am Nov 17, 2020 10:18am
Quoting fxmasterdxb
{quote} Are you short?
Yes
  • #559,331
  • Nov 17, 2020 10:19am Nov 17, 2020 10:19am
Quoting Ehsank78
{quote} Yes
Good Luck, seems PA gonna break 1.3245 soon
  • #559,332
  • Nov 17, 2020 10:20am Nov 17, 2020 10:20am
looks like a flag
  • #559,333
  • Nov 17, 2020 10:22am Nov 17, 2020 10:22am
bears still fight on support zone h1, if hold then.. more UPside move..
me personally targeting 1.3280 area maybe higher then add first short setup there..

and carefull bears, its looks like bullish flag on h1
Attached Image (click to enlarge)
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Trade what you see, not what you think.. react and stay sharp..
  • #559,334
  • Nov 17, 2020 10:23am Nov 17, 2020 10:23am
Quoting fxmasterdxb
{quote} Good Luck, seems PA gonna break 1.3245 soon
I have got no clue where to close it. Many expecting it to reach 1.33. I might just close it at BE
  • #559,335
  • Nov 17, 2020 10:29am Nov 17, 2020 10:29am
Quoting goldencalf
looks like a flag
it is
Attached Image (click to enlarge)
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  • #559,336
  • Nov 17, 2020 10:30am Nov 17, 2020 10:30am
Https://www.mql5.com/en/charts/12946...ctivtrades-plc

i'm thinking of 1.33586. we'll see.

i'm still figuring out how to post charts....
In tea leaves we trust!
  • #559,337
  • Nov 17, 2020 10:32am Nov 17, 2020 10:32am
Quoting Ehsank78
{quote} I have got no clue where to close it. Many expecting it to reach 1.33. I might just close it at BE
Very messy PA, maybe exiting now will not be a bad idea
anyway im flat
  • #559,338
  • Nov 17, 2020 10:34am Nov 17, 2020 10:34am
im agree, bull won't give up.. in fact bullish flag on h1 indicates up move more likely
Trade what you see, not what you think.. react and stay sharp..
  • #559,339
  • Nov 17, 2020 10:36am Nov 17, 2020 10:36am
Quoting fxmasterdxb
{quote} Good Luck, seems PA gonna break 1.3245 soon
wich PA?
  • #559,340
  • Nov 17, 2020 10:54am Nov 17, 2020 10:54am
Quoting achv
{quote} wich PA?
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