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Cable Update (GBPUSD)

  • #559,901
  • Nov 19, 2020 1:23pm Nov 19, 2020 1:23pm
Quoting Maximumheigh
{quote} We are on course. Definitely we get there.....looking bullish. Let see reaction of price around 1.327x- 1.33x for a possible downward move. {image}

if it is so definite you must have sold your house and bet everything on it ? I mean, why would you not on a 'definite ?' You can't lose surely ?
Trader with an Edge.
  • #559,902
  • Nov 19, 2020 1:25pm Nov 19, 2020 1:25pm
Quoting genadi
{quote} i dont get it, can you explain why price is moving up ?
Because it has been bought!
Make money by doing the opposite of Giveachance aka loser
  • #559,903
  • Nov 19, 2020 1:25pm Nov 19, 2020 1:25pm
Quoting genadi
{quote} i dont get it, can you explain why price is moving up ?
I can tell you why - because there was more buying volume than selling volume - causing price to rise - that is it, it's as simple as that, and all we need to know with a technical edge.
Trader with an Edge.
  • #559,904
  • Nov 19, 2020 1:29pm Nov 19, 2020 1:29pm
Quoting nessus94
{quote} Because it has been bought!
ok, but how do you see by looking at the chart that it will go up?
  • #559,905
  • Nov 19, 2020 1:31pm Nov 19, 2020 1:31pm
Quoting genadi
{quote} ok, but how do you see by looking at the chart that it will go up?
Support, price, indicators
your chart says all
Make money by doing the opposite of Giveachance aka loser
  • #559,906
  • Nov 19, 2020 1:33pm Nov 19, 2020 1:33pm
Quoting genadi
{quote} i dont get it, can you explain why price is moving up ?
there's no one know what happen next for 100% sure..
but at least price on the left can tell us some thing.. you can analyze and decide which direction with higher chance probability on the next right price..
so keep calm and observe..
bear not done yet and bulls in play now
Trade what you see, not what you think.. react and stay sharp..
  • #559,907
  • Nov 19, 2020 1:35pm Nov 19, 2020 1:35pm
Quoting Headland
{quote} if it is so definite you must have sold your house and bet everything on it ? I mean, why would you not on a 'definite ?' You can't lose surely ?
Friend my use of definite means probably. It is a forcast. We are only predicting the price based on current price actions and formation. Please take my definite and assertions as probability. I can switch my inclination as the price forms.
  • #559,908
  • Nov 19, 2020 1:37pm Nov 19, 2020 1:37pm
Quoting genadi
{quote} ok, but how do you see by looking at the chart that it will go up?

Its easy , when the majority on this thread are selling you buy and vice versa
Follow The Markets Structure - Patience and Discipline
  • #559,909
  • Nov 19, 2020 1:39pm Nov 19, 2020 1:39pm
Quoting pipfarm
{quote} Its easy , when the majority on this thread are selling you buy and vice versa
haha.. but right now majority in this thread is buying.. should i selling now..
Trade what you see, not what you think.. react and stay sharp..
  • #559,910
  • Nov 19, 2020 1:40pm Nov 19, 2020 1:40pm
Quoting Maximumheigh
{quote} Friend my use of definite means probably. It is a forcast. We are only predicting the price based on current price actions and formation. Please take my definite and assertions as probability. I can switch my inclination as the price forms.

I'd guessed that might be the case, and for many others that use such definitives this might be the case also - but language is important not least because for some it speaks to what they actually believe, not just a casual/careless use of language. For others it may just be semantics. Good luck to you in your trade.
Trader with an Edge.
  • #559,911
  • Nov 19, 2020 1:42pm Nov 19, 2020 1:42pm
Quoting miedpreneur
{quote} haha.. but right now majority in this thread is buying.. should i selling now..

Not quite right, the majority all day have been saying sell and to the moment i entered my buy they were still saying sell
Follow The Markets Structure - Patience and Discipline
  • #559,912
  • Nov 19, 2020 1:44pm Nov 19, 2020 1:44pm
Quoting Headland
{quote} I'd guessed that might be the case, and for many others that use such definitives this might be the case also - but language is important not least because for some it speaks to what they actually believe, not just a casual/careless use of language. For others it may just be semantics. Good luck to you in your trade.
Thanks friend. Same to you!
  • #559,913
  • Nov 19, 2020 1:45pm Nov 19, 2020 1:45pm
Quoting pipfarm
{quote} Its easy , when the majority on this thread are selling you buy and vice versa
I call upon my father's spirit , watching over me
  • #559,914
  • Nov 19, 2020 1:47pm Nov 19, 2020 1:47pm
Quoting Maximumheigh
{quote} Thanks friend. Same to you!
hmm.. what if we heading south before 1.327

and i'm looking at dxy its bottomed hard right now and it might bounce anytime

ah.. im exit my long.. re entry if theres any dip again..
Trade what you see, not what you think.. react and stay sharp..
  • #559,915
  • Nov 19, 2020 1:55pm Nov 19, 2020 1:55pm
Quoting miedpreneur
{quote} hmm.. what if we heading south before 1.327 and i'm looking at dxy its bottomed hard right now and it might bounce anytime ah.. im exit my long.. re entry if theres any dip again..
It is possible friend. Everything is possible in forex. But with this current price formation, we will probably touch the top maybe in London open tomorrow before continuation of downward movement. In between there will be pullbacks.
  • #559,916
  • Nov 19, 2020 2:00pm Nov 19, 2020 2:00pm
Quoting Maximumheigh
{quote} It is possible friend. Everything is possible in forex. But with this current price formation, we will probably touch the top maybe in London open tomorrow before continuation of downward movement. In between there will be pullbacks.
ok thank's for the view.. i stay off side for the moment to observe what to do next.. because right now my chart tell me its "no mans land" zone
Trade what you see, not what you think.. react and stay sharp..
  • #559,917
  • Nov 19, 2020 2:01pm Nov 19, 2020 2:01pm
Quoting nessus94
{quote} After your 1,3250 is gone in a few minutes then see you on top
This one seems to have failed for now but great call on USD weakness earlier.
  • #559,918
  • Nov 19, 2020 2:06pm Nov 19, 2020 2:06pm
Quoting VM.
{quote} This one seems to have failed for now but great call on USD weakness earlier.
Thank you

scalping Long usd is possible now

and i have a small signal to short the pound 1,3250
it is not strong
Make money by doing the opposite of Giveachance aka loser
  • #559,919
  • Nov 19, 2020 2:07pm Nov 19, 2020 2:07pm
Quoting miedpreneur
{quote} ok thank's for the view.. i stay off side for the moment to observe what to do next.. because right now my chart tell me its "no mans land" zone
Nice decision. Currently less volume as NY is closing. I have also offloaded some of my long position. I have little running till London open.
  • #559,920
  • Nov 19, 2020 2:11pm Nov 19, 2020 2:11pm
Quoting nessus94
{quote} Thank you scalping Long usd is possible now and i have a small signal to short the pound 1,3250 it is not strong
i want to buy for 50 before the end of the day.
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