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Cable Update (GBPUSD)

  • #560,781
  • Nov 24, 2020 10:24am Nov 24, 2020 10:24am
Quoting nessus94
{quote} just buy it come back later and get the money
am not very sure about that.. what's the logic behind you forecast
99.9% persistence
  • #560,782
  • Nov 24, 2020 10:24am Nov 24, 2020 10:24am
Up Swings have BIG Volume, DOWN Swings SMALL VOLUME.....TREND is UP
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  • #560,783
  • Nov 24, 2020 10:26am Nov 24, 2020 10:26am
Quoting zuluremys
{quote} am not very sure about that.. what's the logic behind you forecast
the price
every dips have strong buyers
it won't go down
Make money by doing the opposite of Giveachance aka loser
  • #560,784
  • Nov 24, 2020 10:29am Nov 24, 2020 10:29am
my crystal ball is giving me up signals. i'm looking for longs entry here of the 15min

edit - 1.33440 ish maybe.
In tea leaves we trust!
  • #560,785
  • Nov 24, 2020 10:34am Nov 24, 2020 10:34am
Quoting nessus94
{quote} the price every dips have strong buyers it won't go down
thanks I ll be watching out for long setups
99.9% persistence
  • #560,786
  • Nov 24, 2020 10:36am Nov 24, 2020 10:36am
Quoting Mcbeaners
my crystal ball is giving me up signals. i'm looking for longs entry here of the 15min edit - 1.33440 ish maybe.
now we have a magician in here.
99.9% persistence
  • #560,787
  • Nov 24, 2020 10:40am Nov 24, 2020 10:40am
yeah me mate ms crystal ball who works in the city.

gives great signals. ha ha.
In tea leaves we trust!
  • #560,788
  • Nov 24, 2020 10:40am Nov 24, 2020 10:40am
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Everyone can see the chart, but only a few can actually read it.
  • #560,789
  • Nov 24, 2020 10:44am Nov 24, 2020 10:44am
Quoting OnlineAddict
{image}
Agreed.
Que Sera
  • #560,790
  • Nov 24, 2020 10:46am Nov 24, 2020 10:46am
i gots 1 red and 2 yellows that say "no." anyone else want to place their bets?

its going up but just needs to dip first. the question for me is how deep the dip.
In tea leaves we trust!
  • #560,791
  • Nov 24, 2020 10:53am Nov 24, 2020 10:53am
I think Selling trend for Wednesday officially begins in few moments.
  • #560,792
  • Nov 24, 2020 11:15am Nov 24, 2020 11:15am
Quoting Catempire
Loaded more shorts. I suspect we trend & see more of a considerable move down tomorrow.
Yea, rest of the week should see some movement imo.

Probably nothing.
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Que Sera
  • #560,793
  • Nov 24, 2020 11:22am Nov 24, 2020 11:22am
Quoting pipfarm
{quote} What timeframe are you trading, as i currently see no downtrend
The last 15 years.
Que Sera
  • #560,794
  • Nov 24, 2020 11:29am Nov 24, 2020 11:29am
come on bears
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yes yes yes
  • #560,795
  • Nov 24, 2020 11:30am Nov 24, 2020 11:30am
Quoting kk300
Hourly close below 3297 would do another wonder..
1st attempt failed. lets try again.
  • #560,796
  • Nov 24, 2020 11:41am Nov 24, 2020 11:41am
Quoting Catempire
{quote} The last 15 years.

I see , your short term trader then

I have the last 100 years history for cable and the last 15 years is a correction in an uptrend and it just bounced off the 50 year sma
Follow The Markets Structure - Patience and Discipline
  • #560,797
  • Edited 12:13pm Nov 24, 2020 11:42am | Edited 12:13pm
Quoting chess king
{quote} But if the shark develops the minimum target is 1.3400. I will be attentive {image}
I shorted 1.339x. maybe 1.27xx target or more. stop 1.3501

had a pending ... it's late information but I haven't had time to post
  • #560,798
  • Nov 24, 2020 11:45am Nov 24, 2020 11:45am
Quoting Roszey
{quote} Just look for SW zones and RNs

I prefer baguettes myself and ONs
Follow The Markets Structure - Patience and Discipline
  • #560,799
  • Nov 24, 2020 11:51am Nov 24, 2020 11:51am
Quoting pipfarm
{quote} I see , your short term trader then I have the last 100 years history for cable and the last 15 years is a correction in an uptrend and it just bounced off the 50 year sma
To be completely honest... I trade the psychology more than i do indicators... I got my first position at 1.3387 based on the fact there is 0 decent logic or reasoning for Cable to push through a 13 year trend with Brexit 5 months away.

Reminds me of when everyone was buying the stock market back in Feb as their indicators told them to when it was clear as day to see it was going to plummet.
Que Sera
  • #560,800
  • Nov 24, 2020 11:52am Nov 24, 2020 11:52am
I have had a few stabs of it on the way up but cant ignore how obvious the trend is with the news on the horizon.
Que Sera
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