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Cable Update (GBPUSD)

  • #559,841
  • Nov 19, 2020 8:31am Nov 19, 2020 8:31am
Barnier: Suspending brexit talks as negotiator tests positive
Sharing is caring!
  • #559,842
  • Nov 19, 2020 8:33am Nov 19, 2020 8:33am
... price reached a prev 1hr/minor 4hr sw lo zone at a new current dly lo, 1hr below.
Attached Image (click to enlarge)
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Trader with an Edge.
  • #559,843
  • Nov 19, 2020 8:36am Nov 19, 2020 8:36am
Quoting gatenio
end of story for bulls?
I still expect a buy to 1.327X level or slightly higher before more sellers will get in.
  • #559,844
  • Nov 19, 2020 8:36am Nov 19, 2020 8:36am
Quoting Putin
Barnier: Suspending brexit talks as negotiator tests positive
This is Beautiful... Putin- You 'Slip that boy a 'Vial' of Something?
"GooD Skinny", Thx for sharing. -We May hit Georginson's 1.2900's

-Though not all in one Shot. -We shall see.
I will work to Objectively Identify my Edges
  • #559,845
  • Nov 19, 2020 8:38am Nov 19, 2020 8:38am
Quoting pipcenturion
{quote} I still expect a buy to 1.327X level or slightly higher before more sellers will get in.
since the ll on h1 i doubt it, but let see
  • #559,846
  • Nov 19, 2020 8:38am Nov 19, 2020 8:38am
Quoting kuroro001
{quote} Weak hands need to be removed off the gold market, everybody and his dog is looking at 2500/3000. They shall face a quick kick in the nuts....then it'll go up again Classic story, rinse and repeat
My trading model shows that Gold will get to 1937 or slightly higher in the near term.
  • #559,847
  • Nov 19, 2020 8:43am Nov 19, 2020 8:43am
Quoting pipcenturion
{quote} My trading model shows that Gold will get to 1937 or slightly higher in the near term.
I presume you are buying here then ?
COT: The precious data ignored
  • #559,848
  • Nov 19, 2020 8:47am Nov 19, 2020 8:47am
Quoting pipcenturion
{quote} I still expect a buy to 1.327X level or slightly higher before more sellers will get in.
The price consolidated for 2 days around that level. While it may go back, there is certainly no need for the market to lift the price, everyone who wanted to sell sold already.
  • #559,849
  • Nov 19, 2020 8:47am Nov 19, 2020 8:47am
Quoting kuroro001
{quote} I presume you are buying here then ?
Yes, I have buy trades running.
  • #559,850
  • Nov 19, 2020 8:53am Nov 19, 2020 8:53am
Quoting Maximumheigh
{quote} offloading some sell here. watching price reaction around 1.3200. 1.317x still on site {image}
Placing a buy for some pullback to 1.324x- 1.327x area. 1.3200 bounced for now. More sells coming at the top!!!!
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  • #559,851
  • Nov 19, 2020 9:00am Nov 19, 2020 9:00am
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yes yes yes
  • #559,852
  • Nov 19, 2020 9:06am Nov 19, 2020 9:06am
Almost there for the long , main support still holding , no H1 close below
Follow The Markets Structure - Patience and Discipline
  • #559,853
  • Nov 19, 2020 9:11am Nov 19, 2020 9:11am
Dem 1.3200
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #559,854
  • Nov 19, 2020 9:11am Nov 19, 2020 9:11am
Hi guys, am new here.

Have been reading everyone’s ideas and am here to learn.
Am expecting cable to retrace to 1.327 before next move.

Trade safe everyone
  • #559,855
  • Nov 19, 2020 9:13am Nov 19, 2020 9:13am
...strong bounce from a potential 3rd fractal LL on 1hr gives back over 50% of the fall @ the current p/back hi. 1hr below.
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Trader with an Edge.
  • #559,856
  • Nov 19, 2020 9:14am Nov 19, 2020 9:14am
Quoting Maximumheigh
{quote} Placing a buy for some pullback to 1.324x- 1.327x area. 1.3200 bounced for now. More sells coming at the top!!!! {image}
offloading some buy around 1.323x. very strong 1hr hammer at S. more upside likely to 1.327x
  • #559,857
  • Nov 19, 2020 9:19am Nov 19, 2020 9:19am
Sold @ 3226 Target 3150
  • #559,858
  • Nov 19, 2020 9:20am Nov 19, 2020 9:20am
Quoting Moty
{image}
Moty those round numbers (1.32, 1.33, etc.) are always good for entry and tp. They act like natural S/R. You can use them to your advantage.
  • #559,859
  • Nov 19, 2020 9:34am Nov 19, 2020 9:34am
Quoting kk300
Sold @ 3226 Target 3150
It will be a bumpy ride but we ll get there at the end of the day.
  • #559,860
  • Nov 19, 2020 9:34am Nov 19, 2020 9:34am
Quoting gatenio
end of story for bulls?
wait. h1 is fully bloomed for downtrend. h2 and daily not yet.
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