Attachments: Cable Update (GBPUSD)

Cable Update (GBPUSD)

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#559,681
Nov 18, 2020 8:27pm Nov 18, 2020 8:27pm

Arief-
| Commercial User | Joined Jan 2020 | 473 Posts

Quoting Arief-

Disliked

{quote} careful we enter the counter attack area

Ignored

good morning from Indonesia

counter attack accepted

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#559,682
Nov 18, 2020 8:28pm Nov 18, 2020 8:28pm

IPMan
| Joined Oct 2016 | Status: Allergic to Stupidity | 536 Posts

Quoting IPMan

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IMO bulls are still intact as long as this level (blue) aren't pierced. {image}

Ignored

Rising bulls level. Gonna take out my longs if it gets hit.

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#559,683
Nov 18, 2020 8:33pm Nov 18, 2020 8:33pm

navk
Joined Oct 2010 | Status: Trader | 21,479 Posts

Quoting Moty

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dx phone home it will get above 92.500 today {image} {image} {image}

Ignored

moty, important level reached yesterday, 3313.

Possible retrace close to pivot, then down..that is my take.

BREXIT news, will hold the key

Intraday only.

#559,684
Nov 18, 2020 8:34pm Nov 18, 2020 8:34pm

Maximumheigh
| Joined Sep 2020 | Status: Trader | 447 Posts

Quoting Maximumheigh

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{quote} Road cleared. Let see how far we go down. 1.3220

Ignored

More Down to come during London open. 1.317x next.

#559,685
Nov 18, 2020 8:35pm Nov 18, 2020 8:35pm

Mastapips60
| Joined Aug 2020 | Status: Trader | 130 Posts

Buy with tight stoplose

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#559,686
Nov 18, 2020 9:01pm Nov 18, 2020 9:01pm

Leongang
| Joined Feb 2020 | Status: Trader | 141 Posts

Down Trend? seen like USD pair are going down trend?

Looking for sell profit opportunity.

+ Money Management

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Always Positive

#559,687
Nov 18, 2020 9:27pm Nov 18, 2020 9:27pm

Arief-
| Commercial User | Joined Jan 2020 | 473 Posts

If wave5 is Extensions 12345
I suggest focusing on each retracement north to the south
may be useful

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#559,688
Nov 18, 2020 10:36pm Nov 18, 2020 10:36pm

Barnell
| Membership Revoked | Joined Oct 2020 | 1,823 Posts

I'm a little curious why we are suddenly all bearish lol.

I am not in any Cable trades at the moment, but I think we have not flipped to strong bearish. Nothing moves straight up (or down)-this move could simply be a pullback. Remember we still sit above 1.32...a case for HL can be made. If we extend and look at EUR/USD and AUD/USD, that two pairs also sit above their last week's resistance levels (EU barely, got breached but now still sit over).

If one had sold on Monday, he/she would likely to be in red. If one had bought on Monday, he/she would still be in green.

Why the sudden change in sentiments just because of a drop? We cannot expect GBP (or any currency) to keep rising without pullback right? Plus selling USD is not cheap so at some point, there will be profit-taking.

Calm down guys lol.

Barnell's stand: No positions, cautiously bullish.

I will tear the world apart for you.

#559,689
Nov 18, 2020 10:39pm Nov 18, 2020 10:39pm

Barnell
| Membership Revoked | Joined Oct 2020 | 1,823 Posts

Quoting Ehsank78

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{quote} Are you expecting Gold to cross 1900 soon?

Ignored

By my projections, I am expecting a gold price of 1900 at this current point in time, but it is now at 1867, so why bother asking me about gold lol. Anyone wants to take this question?

I will tear the world apart for you.

#559,690
Nov 18, 2020 10:57pm Nov 18, 2020 10:57pm

Lastaccount
| Joined Jul 2020 | Status: Trader | 226 Posts

below 1.3270 open door to today buy area

1.3180
1.3102

OR RE-SELLING AREA
1.3280
1.333 AS YESTERDAY HIGH AND DOUBLE TOP

#559,691
Nov 18, 2020 11:10pm Nov 18, 2020 11:10pm

Arief-
| Commercial User | Joined Jan 2020 | 473 Posts

Quoting Barnell

Disliked

I'm a little curious why we are suddenly all bearish lol. I am not in any Cable trades at the moment, but I think we have not flipped to strong bearish. Nothing moves straight up (or down)-this move could simply be a pullback. Remember we still sit above 1.32...a case for HL can be made. If we extend and look at EUR/USD and AUD/USD, that two pairs also sit above their last week's resistance levels (EU barely, got breached but now still sit over). If one had sold on Monday, he/she would likely to be in red. If one had bought on Monday, he/she would...

Ignored

"Five Magic Bullets that will kill most trend" this method I have studied for more than 3 years and no more than 5% of failures.
This is an information that the bullish trend will continue if the price passed 1.331, but if the price doesn't get back there, the bear's strength will be even stronger to break down.

#559,692
Nov 18, 2020 11:28pm Nov 18, 2020 11:28pm

JayBag
Joined May 2016 | Status: Clueless | 6,896 Posts

Good morning traders,

IMO, this is a pull back after hitting first weekly RES. this is normal PA reaction I have observed for years.. Buying anything around bottom of the BB 20 on H1 is a great idea..

Im loading more longs and anticipating a swing up in few hours.. We have a weekly target to reach

StaySafe

#559,693
Nov 18, 2020 11:45pm Nov 18, 2020 11:45pm

Moty
Joined Dec 2017 | Status: Trader | 30,688 Posts

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yes yes yes

#559,694
Nov 19, 2020 12:03am Nov 19, 2020 12:03am

Whale
Joined Jun 2013 | Status: Trader | 14,544 Posts

Quoting gatenio

Disliked

{quote} 3295-3315 should be a drop zone to 3220-3230 even more. so early? maybe.. not big mistake imo

Ignored

so we're here.
didnt hold it overnight and enjoy the Asian rare drop cause the triple swap and low volume.
i will be sideline and wait for a possible short around 1.3265/75
if 1.32 first then i will consider a buy.

#559,695
Edited 1:06am Nov 19, 2020 12:49am | Edited 1:06am

Maximumheigh
| Joined Sep 2020 | Status: Trader | 447 Posts

Quoting Maximumheigh

Disliked

{quote} Going nicely. We got to 1.322x .We are still in strong downward movement. Little pullback, London open should take us to 1.317x.

Ignored

There should be a pullback to around 1.327x and a drop from there to around 1.317x. Let see how today plays out.

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