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Cable Update (GBPUSD)

  • #560,121
  • Nov 20, 2020 7:48am Nov 20, 2020 7:48am
Quoting Moty
ugly crooks , they went for the stop {image} {image}
it's uptrend obviously, give more spaces to breathe
My Endeavour
  • #560,122
  • Nov 20, 2020 7:53am Nov 20, 2020 7:53am
time to kill bears?
Make money by doing the opposite of Giveachance aka loser
  • #560,123
  • Nov 20, 2020 7:56am Nov 20, 2020 7:56am
Quoting nessus94
time to kill bears?
today is little bear time as for me
My Endeavour
  • #560,124
  • Nov 20, 2020 8:00am Nov 20, 2020 8:00am
So many USD pairs are near many-month or many-year or all-time highs (including non-traditional like Bitcoin). I understand uptrend and all, but I just can't make myself buy seeing all these highs.
  • #560,125
  • Nov 20, 2020 8:04am Nov 20, 2020 8:04am
Quoting VM.
So many USD pairs are near many-month or many-year or all-time highs (including non-traditional like Bitcoin). I understand uptrend and all, but I just can't make myself buy seeing all these highs.
sell the usd is the only way

usd could go to 70 area
it is expansive

lets go for 2000 pips upside usd pairs
Make money by doing the opposite of Giveachance aka loser
  • #560,126
  • Nov 20, 2020 8:08am Nov 20, 2020 8:08am
bulls accumulating longs?
Make money by doing the opposite of Giveachance aka loser
  • #560,127
  • Nov 20, 2020 8:12am Nov 20, 2020 8:12am
Today is Friday. So 2hrs more for me to close for the week. The market is undecided on what to do. Maybe anything can still happen within the next 2hrs. Locked some little profit on my sell.
  • #560,128
  • Nov 20, 2020 8:13am Nov 20, 2020 8:13am
ty mr gold
Attached Image (click to enlarge)
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yes yes yes
  • #560,129
  • Nov 20, 2020 8:14am Nov 20, 2020 8:14am
The market just needs to take out yesterday's high and close above it.

Then the bulls are in.
Le$$ I$ More
  • #560,130
  • Nov 20, 2020 8:15am Nov 20, 2020 8:15am
Quoting nessus94
{quote} sell the usd is the only way usd could go to 70 area it is expansive lets go for 2000 pips upside usd pairs
That's the thing, I don't know if USD is expensive. Or (focussing on the task in hand), if the market thinks it is time to break USDX support or bounce hard off it. News regarding switching off Fed emergency funding make me think it may be the latter, but charts say otherwise so far... I guess NYSE will have the final say as usual.
  • #560,131
  • Nov 20, 2020 8:17am Nov 20, 2020 8:17am
Quoting nessus94
bulls accumulating longs?
Or bears shorts. COT showed more GBP shorts and less EUR longs last week.
  • #560,132
  • Nov 20, 2020 8:22am Nov 20, 2020 8:22am
Quoting VM.
{quote} Or bears shorts. COT showed more GBP shorts and less EUR longs last week.
cot is always wrong, let the bulls kills bears for a long time
Make money by doing the opposite of Giveachance aka loser
  • #560,133
  • Nov 20, 2020 8:25am Nov 20, 2020 8:25am
Quoting nessus94
{quote} cot is always wrong, let the bulls kills bears for a long time
2 weeks ago you said 1.24 next coming weeks.. 1.17 either.. am i wrong?
  • #560,134
  • Nov 20, 2020 8:27am Nov 20, 2020 8:27am
market so slow.. haha..
Trade what you see, not what you think.. react and stay sharp..
  • #560,135
  • Nov 20, 2020 8:27am Nov 20, 2020 8:27am
All timeframes above 1H are now pointing towards monthly resistance @3514 , in the more medium to longer term the scenario could be, break out of the monthly resistance and dip to retest the breakout and maybe go a little into the range of the top or smash it down but i see no reason to do that as the weekly monthly supports broken on the way up have already been retested
Follow The Markets Structure - Patience and Discipline
  • #560,136
  • Nov 20, 2020 8:29am Nov 20, 2020 8:29am
Quoting gatenio
{quote} 2 weeks ago you said 1.24 next coming weeks.. 1.17 either.. am i wrong?
yes
i thought so but it is not happening

or it will happen when im a bull haha
Make money by doing the opposite of Giveachance aka loser
  • #560,137
  • Nov 20, 2020 8:29am Nov 20, 2020 8:29am
shorting. aiming to 1.3220
My Endeavour
  • #560,138
  • Nov 20, 2020 8:32am Nov 20, 2020 8:32am
bulls have no power to push higher, so as bears have no guts to overide bull control.. ��
Trade what you see, not what you think.. react and stay sharp..
  • #560,139
  • Nov 20, 2020 8:34am Nov 20, 2020 8:34am
H1 has just broken out of the sideways range that has been building for a few hours trapping shorts
Follow The Markets Structure - Patience and Discipline
  • #560,140
  • Nov 20, 2020 8:36am Nov 20, 2020 8:36am
Quoting nessus94
{quote} yes i thought so but it is not happening or it will happen when im a bull haha
lol.. the market killing me..
perfect entries become after 2-3 hours nightmare.

the market is ‘hold me im dump it for good’ and the im flying to i dont know where
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