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Cable Update (GBPUSD)

  • #561,541
  • Nov 26, 2020 11:40pm Nov 26, 2020 11:40pm
Quoting fxmasterdxb
{quote} Indeed gold is giving dump signals all over, Im expecting 1767 {image}
, present level back in july held for awhile as resistance and when it broke it was turbo rocket, so if those bulls still here I would expect a decent battle, long term she is bullish, medium it is in pull back mode, so 1800 would have to go for bears to continue south, safest now is to stay on sideline or trade the long with cheap sl, below 1800 my shorts are well above here, now is too dangerous, only for the brave
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  • #561,542
  • Nov 26, 2020 11:58pm Nov 26, 2020 11:58pm
Quoting KiwiTrada
{quote} , present level back in july held for awhile as resistance and when it broke it was turbo rocket, so if those bulls still here I would expect a decent battle, long term she is bullish, medium it is in pull back mode, so 1800 would have to go for bears to continue south, safest now is to stay on sideline or trade the long with cheap sl, below 1800 my shorts are well above here, now is too dangerous, only for the brave
how do you see NZDUSD ? will it drop soon?
  • #561,543
  • Nov 27, 2020 12:00am Nov 27, 2020 12:00am
Quoting fxmasterdxb
{quote} Indeed gold is giving dump signals all over, Im expecting 1767 {image}
i am also waiting for the break
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yes yes yes
  • #561,544
  • Nov 27, 2020 12:09am Nov 27, 2020 12:09am
Im in long again 3370

It going to break the top this time
Follow The Markets Structure - Patience and Discipline
  • #561,545
  • Nov 27, 2020 12:11am Nov 27, 2020 12:11am
again they go to check 1.33796 , unbelievable .
drop all ready
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yes yes yes
  • #561,546
  • Nov 27, 2020 12:14am Nov 27, 2020 12:14am
Quoting Moty
again they go to check 1.33796 , unbelievable . drop all ready {image}
stop hunting is in progress
Regret is Brutal
  • #561,547
  • Nov 27, 2020 12:15am Nov 27, 2020 12:15am
Quoting pipfarm
Im in long again 3370 It going to break the top this time
looking forward to it too.. MM has done a great job sugarcoating this supposed top. I hope they have made enough from bringing in shorts with this fake top.. If they are done collecting, I can only imagine how aggressive it will be breaking above... Until then, I am sticking with my gin and juice while I wait..

Its Friday
TGIF
  • #561,548
  • Nov 27, 2020 12:24am Nov 27, 2020 12:24am
Quoting JayBag
{quote} looking forward to it too.. MM has done a great job sugarcoating this supposed top. I hope they have made enough from bringing in shorts with this fake top.. If they are done collecting, I can only imagine how aggressive it will be breaking above... Until then, I am sticking with my gin and juice while I wait.. Its Friday TGIF

Hope so
Follow The Markets Structure - Patience and Discipline
  • #561,549
  • Nov 27, 2020 12:24am Nov 27, 2020 12:24am
Quoting KiwiTrada
{quote} , present level back in july held for awhile as resistance and when it broke it was turbo rocket, so if those bulls still here I would expect a decent battle, long term she is bullish, medium it is in pull back mode, so 1800 would have to go for bears to continue south, safest now is to stay on sideline or trade the long with cheap sl, below 1800 my shorts are well above here, now is too dangerous, only for the brave
Well 1828 would have been ideal to short
anyway i still see undone business with the gold and expecting 1767, i will not be buying unless it gets to 1750
long term bullish? Im not sure to be honest, would rather to see how will those vaccines perform in the next few months, probably will see gold dropping to 1500ish levels before pushing up
  • #561,550
  • Nov 27, 2020 12:24am Nov 27, 2020 12:24am
gj with a bearish pattern
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yes yes yes
  • #561,551
  • Nov 27, 2020 12:31am Nov 27, 2020 12:31am
Quoting genadi
{quote} how do you see NZDUSD ? will it drop soon?
depends on what you mean by soon, what timeframe etc, nu daily weekly monthly nothing much to go by, psych 70c been tickled 71c could also go, maybe will be watching for 72cent, au may be better option to keep an eye on 74c nu monthly has been strong bull after last months reversal doji au monthly could close bullish encompassing if closes above 74c so Im expecting pull backs on both, either short should have cheap sl,
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  • #561,552
  • Nov 27, 2020 12:32am Nov 27, 2020 12:32am
yes yes yes , i knew that was a bulls(hit) move
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yes yes yes
  • #561,553
  • Nov 27, 2020 12:35am Nov 27, 2020 12:35am
Quoting KiwiTrada
{quote} depends on what you mean by soon, what timeframe etc, nu daily weekly monthly nothing much to go by, psych 70c been tickled 71c could also go, maybe will be watching for 72cent, au may be better option to keep an eye on 74c nu monthly has been strong bull after last months reversal doji au monthly could close bullish encompassing if closes above 74c so Im expecting pull backs on both, either short should have cheap sl,
no data for rest of this week, could be a perfect time for market makers to make a move, and catch everyone asleep
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  • #561,554
  • Nov 27, 2020 12:40am Nov 27, 2020 12:40am
Possible bear trap, looking at the order flows. Though, its cable, Friday. Stranger things have happened!
  • #561,555
  • Nov 27, 2020 12:41am Nov 27, 2020 12:41am
Quoting krakFX
Possible bear trap, looking at the order flows. Though, its cable, Friday. Stranger things have happened!
show us
Make money by doing the opposite of Giveachance aka loser
  • #561,556
  • Nov 27, 2020 12:41am Nov 27, 2020 12:41am
PA is really really volatile.......like a psycho girlfriend.
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Lost....
  • #561,557
  • Nov 27, 2020 12:43am Nov 27, 2020 12:43am
Quoting fxmasterdxb
{quote} Well 1828 would have been ideal to short anyway i still see undone business with the gold and expecting 1767, i will not be buying unless it gets to 1750 long term bullish? Im not sure to be honest, would rather to see how will those vaccines perform in the next few months, probably will see gold dropping to 1500ish levels before pushing up
nope she is bullish as hell, go monthly 200sma cant be anything else but bullish, but she is in pull back mode, and I agree with you there is potential (im looking 1450 - 1200) and it would still be bullish, I hunted the first pullback in 2011 and Ive been attacking this pull back, retrospective entry levels are not worth much really, but its nice to see Im not the only one shorting her
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  • #561,558
  • Nov 27, 2020 12:50am Nov 27, 2020 12:50am
Limit orders will be above current price, currently trend is daily so limit orders for the big traders will be higher up, past few days was a retail rout on its way to bring in the limit orders at and above 3480 and 3500
Follow The Markets Structure - Patience and Discipline
  • #561,559
  • Nov 27, 2020 12:56am Nov 27, 2020 12:56am
Quoting nessus94
{quote} show us
Break of the 1.3380 zone confirms for me, clear rejection from 1.3350 area - good for a few pips towards 1.3395ish. Still holding longs from 1.27-28. Looking for 1.35 then 1.38.

4hr Hourly close below 1.33 and all longs are out, for now.
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  • #561,560
  • Nov 27, 2020 12:57am Nov 27, 2020 12:57am
There will be another day to trade this pair, with a clearer trend
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