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Cable Update (GBPUSD)

  • #560,581
  • Nov 23, 2020 3:17pm Nov 23, 2020 3:17pm
Quoting zuluremys
know one knows the future not even the CB-dealers. as much as they can plan, but the future is full of uncertainty. my fellow traders lest just trade price and watch out for red news.

It’s not really true dude, many economists can project possibilities way before the markets moved.

Alas gl guys. I’ll be a buyer at some point.
Que Sera
  • #560,582
  • Nov 23, 2020 3:35pm Nov 23, 2020 3:35pm
Quoting Catempire
{quote} It’s not really true dude, many economists can project possibilities way before the markets moved. Alas gl guys. I’ll be a buyer at some point.
what your saying is true. am not disagreeing, but what am really saying is that price or charts has all the information we need to trade successfully. but we just have to watch out for important news eg rates.
or and most importantly the economists never saw covid19
99.9% persistence
  • #560,583
  • Nov 23, 2020 3:51pm Nov 23, 2020 3:51pm
Quoting zuluremys
{quote} what your saying is true. am not disagreeing, but what am really saying is that price or charts has all the information we need to trade successfully. but we just have to watch out for important news eg rates. or and most importantly the economists never saw covid19
That maybe so but many people saw it coming in jan / feb before the markets moved. The evidence was there if you looked for it. I agree tho, you can trade the chart and moke money but completely ignoring the elephant in the room & predicting a overly strong £ seems somewhat foolhardy.
Que Sera
  • #560,584
  • Nov 23, 2020 4:52pm Nov 23, 2020 4:52pm
Quoting nessus94
{quote} Will you add more at 1,35 ? 1,36 ? 1,37 ?
Am still adding GU Long! as per advice
  • #560,585
  • Edited 6:24pm Nov 23, 2020 6:04pm | Edited 6:24pm
theres no boarders on financial services ,deal or no deal
London - is no 1 forex capital in the world today, no 2 major markets.

Could be you need another office address to get a licence on no deal ,most likely in place already.

Those negative threat stories have disappeared because it's obviously something thats global ,
In the end protectionism won't work out for the Eu in all fields.EU sell goods to Uk not the other way round.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #560,586
  • Nov 23, 2020 6:21pm Nov 23, 2020 6:21pm
To think you can throw your toys out the pram along with 60 years of legislation and everything will instantly go your own way.

Some people sound like a Tory front benchers head in the clouds couldn’t organise a piss up in a brewery.


U turning through, **lack of foresight**
Que Sera
  • #560,587
  • Nov 23, 2020 6:27pm Nov 23, 2020 6:27pm
Quoting Catempire
To think you can throw your toys out the pram along with 60 years of legislation and everything will instantly go your own way. Some people sound like a Tory front benchers head in the clouds couldn’t organise a piss up in a brewery. U turning through, **lack of foresight**
what legislation do you refer
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #560,588
  • Nov 23, 2020 7:13pm Nov 23, 2020 7:13pm
Bulls continue?
  • #560,589
  • Nov 23, 2020 7:26pm Nov 23, 2020 7:26pm
Quoting Faigadri
Bulls continue?
No...it appears to be but i think its heading towards 3225 or 204
  • #560,590
  • Nov 23, 2020 9:37pm Nov 23, 2020 9:37pm
if price will go out above 1.33400 and take my stop i will enter at a break of last hourly low
target for today is 1.32600 and 1.32000
Attached Image(s) (click to enlarge)
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yes yes yes
  • #560,591
  • Nov 23, 2020 10:06pm Nov 23, 2020 10:06pm
1.3200 interesting target down for today and complete yesterday all the WAY DOWN move...
  • #560,592
  • Nov 23, 2020 10:44pm Nov 23, 2020 10:44pm
Attached Image (click to enlarge)
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yes yes yes
  • #560,593
  • Edited Nov 24, 2020 12:18am Nov 23, 2020 11:55pm | Edited Nov 24, 2020 12:18am
G/M, early start for me...enough with sleep......y/day's dly candle is some kind of hammer-esq candle which is bearish in and of itself despite the bullish body. That said Asian session has bought it (small pip range so far) and price has gone beyond the 50% fib of y/day's 3398-3264 fall. 1hr below. 61.8% of the 3398-3264 move @ 3346.
Attached Image (click to enlarge)
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Trader with an Edge.
  • #560,594
  • Nov 24, 2020 12:04am Nov 24, 2020 12:04am
Quoting onceamonth
{quote} Am still adding GU Long! as per advice
Geez.....
When things go against you, just make sure you don't blame someone else for your trades.
Do your own analyses and make your own decisions. This thread is meant to teach how to trade the markets, not to provide free signals.
Lost....
  • #560,595
  • Nov 24, 2020 12:19am Nov 24, 2020 12:19am
Quoting gespiri
{quote} Geez..... When things go against you, just make sure you don't blame someone else for your trades. Do your own analyses and make your own decisions. This thread is meant to teach how to trade the markets, not to provide free signals.
Eberybody is selling, good for my longs
Make money by doing the opposite of Giveachance aka loser
  • #560,596
  • Nov 24, 2020 12:28am Nov 24, 2020 12:28am
Just press PLAY...
Attached Image (click to enlarge)
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Le$$ I$ More
  • #560,597
  • Nov 24, 2020 12:29am Nov 24, 2020 12:29am
Quoting nessus94
{quote} Eberybody is selling, good for my longs
atm you right.. 4h remain strong bullish.
cant see what going to stop it from another high.
  • #560,598
  • Nov 24, 2020 12:39am Nov 24, 2020 12:39am
Just one bearish 4 hour candle contained 130 pips range... I am sure most seasoned traders know what to do away from all these noise.
Data + Stat + Risk/Emotions Management
  • #560,599
  • Nov 24, 2020 12:39am Nov 24, 2020 12:39am
Quoting Lock
{quote} [...].... And about Gaps, take note of 3319-3325 as it is currently a double pass GB gap: if tomorrow GB will open below it, it will become a TRIPLE pass one... So watch out if you see price going far below it..
..so what a surprise to see pit session retracing back upside to close just in the middle of 3319-3325... and what a surprise to see Sydney and Tokyo sessions operating all night long up and down that gap... ...before GB open
Ubi maior minor cessat
  • #560,600
  • Nov 24, 2020 12:48am Nov 24, 2020 12:48am
Quoting nessus94
{quote} Eberybody is selling, good for my longs
I wish you and everyone else many pips regardless of being long or short.
Lost....
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