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Cable Update (GBPUSD)

  • #559,421
  • Nov 18, 2020 12:59am Nov 18, 2020 12:59am
Quoting genadi
{quote} have you entered already?
Yes 3290 and i may add one more higher
i'll monitor the price
COT: The precious data ignored
  • #559,422
  • Nov 18, 2020 1:00am Nov 18, 2020 1:00am
waiting for the next hour closing but looks like we are going to start a swing down
Twitter: Rummer_grapes
  • #559,423
  • Nov 18, 2020 1:12am Nov 18, 2020 1:12am
bought the break og last hourly high to 1.33000-1.33196 area
Attached Image (click to enlarge)
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yes yes yes
  • #559,424
  • Nov 18, 2020 1:13am Nov 18, 2020 1:13am
Quoting navk
{quote} by the end of today, IMO. Stop 3310/15
Between 1.3315 - 1.3320 (w/c is the daily R2) is where my stop will be/and final short.
Lost....
  • #559,425
  • Nov 18, 2020 1:22am Nov 18, 2020 1:22am
I think it would be wise to wait, I am still in with long. I think I will baby sit my PC and decide because It should hit MR2 which is 1.3340 at least if not WR2 1.3407. i will wait and see. Then short it.
  • #559,426
  • Nov 18, 2020 1:28am Nov 18, 2020 1:28am
Will it break or do minor correction and then break? I have taken a small sell and do have another sell limit at 1.3305, if we close 1h & 4h above 1.3325 i will close
Attached Image (click to enlarge)
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  • #559,427
  • Nov 18, 2020 1:30am Nov 18, 2020 1:30am
Quoting fxmasterdxb
Will it break or do minor correction and then break? I have taken a small sell and do have another sell limit at 1.3305, if we close 1h & 4h above 1.3325 i will close {image}
sell from where ever it is what could be the target?
  • #559,428
  • Nov 18, 2020 1:32am Nov 18, 2020 1:32am
switched to short
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: gu1.png Size: 34 KB
yes yes yes
  • #559,429
  • Nov 18, 2020 1:33am Nov 18, 2020 1:33am
Attached Image (click to enlarge)
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  • #559,430
  • Nov 18, 2020 1:37am Nov 18, 2020 1:37am
Quoting Moty
switched to short {image} {image}
Why short? Still early..
  • #559,431
  • Nov 18, 2020 1:48am Nov 18, 2020 1:48am
Quoting Arief-
{quote} yes there is still a possibility for the price more go up to 1.3300 with resistance at 1.3281, but that's the risk I can take a maximum of 30p per trade, and I hope 1.3241 is the waveC of the previous bearish direction, that's why I decided to be short at the moment
1.3281 has been passed, I hope that the price can break more than 1.3330 and the momentum continues to climbing
Attached Image (click to enlarge)
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  • #559,432
  • Nov 18, 2020 1:48am Nov 18, 2020 1:48am
Quoting Ksth
{quote} Why short? Still early..
3295-3315 should be a drop zone to 3220-3230 even more.
so early? maybe.. not big mistake imo
  • #559,433
  • Nov 18, 2020 1:59am Nov 18, 2020 1:59am
Quoting Ksth
{quote} Why short? Still early..
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 32 KB
yes yes yes
  • #559,434
  • Nov 18, 2020 2:01am Nov 18, 2020 2:01am
short 3290 for a swing down.
Twitter: Rummer_grapes
  • #559,435
  • Nov 18, 2020 2:03am Nov 18, 2020 2:03am
Quoting Bacco
short 3290 for a swing down.
same, no sl
tp open max target for today 3220 for me.
  • #559,436
  • Nov 18, 2020 2:04am Nov 18, 2020 2:04am
Quoting gatenio
{quote} 3295-3315 should be a drop zone to 3220-3230 even more. so early? maybe.. not big mistake imo
intraday there are few support. on daily 3150, 3100,2990. just opened a short. i am aiming this targets. trend is clearly up. risky trying to catch the top. lets see
Twitter: Rummer_grapes
  • #559,437
  • Nov 18, 2020 2:06am Nov 18, 2020 2:06am
Quoting Bacco
{quote} intraday there are few support. on daily 3150, 3100,2990. just opened a short. i am aiming this targets. lets see
agree,
if this scenario is double top on 4h, so the neckline is a good target which is 3100
good luck for us.

edit adding my chart for the pic says what im looking for
Attached Image (click to enlarge)
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  • #559,438
  • Nov 18, 2020 2:07am Nov 18, 2020 2:07am
Quoting Bacco
{quote} intraday there are few support. on daily 3150, 3100,2990. just opened a short. i am aiming this targets. trend is clearly up. risky trying to catch the top. lets see
agree that my target too.. i dont dare chase position to the top..
Trade what you see, not what you think.. react and stay sharp..
  • #559,439
  • Edited 2:24am Nov 18, 2020 2:10am | Edited 2:24am
Quoting gespiri
{quote} Between 1.3315 - 1.3320 (w/c is the daily R2) is where my stop will be/and final short.
probably it is not going there.

I see 4hr resistance

IMO
Intraday only.
  • #559,440
  • Nov 18, 2020 2:11am Nov 18, 2020 2:11am
Quoting gatenio
{quote} agree, if this scenario is double top on 4h, so the neckline is a good target which is 3100 good luck for us.
yupz.. for me as intraday trader.. its fair to said now is daily high atm.. and not wise for me to open buy at this price.. but overall im still in bullish bias.. try to search dip at support area to open long again
Trade what you see, not what you think.. react and stay sharp..
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