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Cable Update (GBPUSD)

  • #561,981
  • Nov 30, 2020 4:11am Nov 30, 2020 4:11am
Quoting nessus94
usd is plunging
Yet this really isn't pumping in consideration eh.

Brexit.
Que Sera
  • #561,982
  • Nov 30, 2020 4:15am Nov 30, 2020 4:15am
Quoting Maximumheigh
{quote} Alot of Rs for the bull to fight, immediate 1.3336, 1.3356. I am still bearish.
Held for now. I am still bearish!
  • #561,983
  • Nov 30, 2020 4:18am Nov 30, 2020 4:18am
Quoting navk
{quote} that is exactly what i meant. it was previous support and bounced from there 25 good pips
nope "retrospective" is what has happened already, a commentary of past activity, is totally useless in trading, 3306 has never been support, 3303 or 3305 has tho maybe you meant support last year?
If you are new to Forex? Say Goodbye to your account!!
  • #561,984
  • Nov 30, 2020 4:23am Nov 30, 2020 4:23am
Quoting nessus94
usd is plunging
5 pips down from opening price is plunging? What will you call it if it spikes 100+ pips up?
Everyone can see the chart, but only a few can actually read it.
  • #561,985
  • Nov 30, 2020 4:23am Nov 30, 2020 4:23am
Quoting KiwiTrada
{quote} nope "retrospective" is what has happened already, a commentary of past activity, is totally useless in trading, 3306 has never been support, 3303 or 3305 has tho maybe you meant support last year?
the area I spotted was 3307/06/05/04 for a bounce, and It did.

I do not hold positions for long time.
Intraday only.
  • #561,986
  • Nov 30, 2020 4:24am Nov 30, 2020 4:24am
I think we have reasons to be bullish. 1.33 has been defended by bulls the entire last week. Yes, price did pierce 1.33 at one point, but bulls recovered and no candle closed below 1.33. I am not sure if it is premature to "declare" that 1.33 is resistance turned support, but I think it is not outlandish to "declare" that 1.33 is resistance turned temporary support. It seems that Cable does want to test 1.34 and 1.33 is holding, so perhaps buying at 1.33 to 1.3320 could be a possible trade plan, with SL at around 1.3290. Just my thoughts.
  • #561,987
  • Nov 30, 2020 4:25am Nov 30, 2020 4:25am
the next 4 hr is important for today candle.
Intraday only.
  • #561,988
  • Nov 30, 2020 4:26am Nov 30, 2020 4:26am
Attached Image (click to enlarge)
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yes yes yes
  • #561,989
  • Nov 30, 2020 4:27am Nov 30, 2020 4:27am
Quoting KiwiTrada
{quote} nope "retrospective" is what has happened already, a commentary of past activity, is totally useless in trading, 3306 has never been support, 3303 or 3305 has tho maybe you meant support last year?
To be fair there have been worse calls, it was called when price at 3313 and it went to 3337 before a fall, and by the time folk have refreshed their browers it mostly makes live calls untimely, unless a longer term call, but Navk is 'intraday only' as his signature says. It is difficult to a make a timely call on this threaded forum format...and it came off that prev 30min sw hi zone = potential res becomes supp. 30min below.
Attached Image (click to enlarge)
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Trader with an Edge.
  • #561,990
  • Nov 30, 2020 4:30am Nov 30, 2020 4:30am
'Morning All...

I hired my bulls back again,
After they Ran up over the River, then came back down,
being "Chased" by the Bears. -They were So Scared,
they Ran Almost to a 78.6, (Between a 61.8 & '78.6).

They closed UNDER the Cloud (River), -Which Concerns me Greatly,
But had a Nice, "IMPULSIVE" Wave-Set, Run back towards the River,
and are Drinking GREEN GATORADE Water, -Which they like.
My only Problem is they might have Drank too much & have gotten
bloated & can't Run at the moment. Only Time will tell,
Their last couple Candles are LARGER than the Bears right now though,
So i think they may have a chance to Run Free, North...

Attached Image (click to enlarge)
Click to Enlarge Name: 11_30_2020 GU LONG off of 61_8 and Nearly 78_6 Retracement.png Size: 94 KB


To work off that Green Gatorade, i need them to Surpass
__ 1.3347, followed by __ 1.3352 Then Boy's it's off to the Races,
To work that last "Sissy-Top", @1.3356.
We shall see. Too much Gatorade right now.
Best of Pipping, "All"...
I will work to Objectively Identify my Edges
  • #561,991
  • Nov 30, 2020 4:30am Nov 30, 2020 4:30am
trying long targetting 20 pips... lets see.. sl same
Extreme gut feeling trader
  • #561,992
  • Nov 30, 2020 4:32am Nov 30, 2020 4:32am
Quoting navk
{quote} the area I spotted was 3307/06/05/04 for a bounce, and It did. I do not hold positions for long time.
we are going in circles, Im just saying not much point in posting I think support may be around 07 06 05 04 whatever before pa has reached and reacted, may be of some use
If you are new to Forex? Say Goodbye to your account!!
  • #561,993
  • Nov 30, 2020 4:36am Nov 30, 2020 4:36am
Quoting KiwiTrada
{quote} we are going in circles, Im just saying not much point in posting I think support may be around 07 06 05 04 whatever before pa has reached and reacted, may be of some use
let us see how it goes today.

Personally, I want the price to go down to s1 for me to take another set of longs, until then no trade.
Intraday only.
  • #561,994
  • Nov 30, 2020 4:38am Nov 30, 2020 4:38am
Quoting OnlineAddict
{quote} 5 pips down from opening price is plunging? What will you call it if it spikes 100+ pips up?
"I reversed and went long"?
"Don't Shoot Me I'm Only the Piano Player"
  • #561,995
  • Nov 30, 2020 4:38am Nov 30, 2020 4:38am
why are you buying ?
the drop is here
Attached Image(s) (click to enlarge)
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yes yes yes
  • #561,996
  • Nov 30, 2020 4:39am Nov 30, 2020 4:39am
... Barnier on way into the negotiations today ' ....there are reasons for determination,' whatever that means !?
Trader with an Edge.
  • #561,997
  • Nov 30, 2020 4:47am Nov 30, 2020 4:47am
Quoting Headland
{quote} To be fair there have been worse calls, it was called when price at 3313 and it went to 3337 before a fall, and by the time folk have refreshed their browers it mostly makes live calls untimely, unless a longer term call, but Navk is 'intraday only' as his signature says. It is difficult to a make a timely call on this threaded forum format...and it came off that prev 30min sw hi zone = potential res becomes supp. 30min below. {image}
i agree some far far worse calls I don't mean wrong calls they are fine in fact I appreciate people who post their thoughts and pa turns them to mud, its part of trading, I mean bs calls, retrospective calls, I know Navk has been around a long time, and I dont wish to be seen as trashing him, I seen his post, his level, and markets had already reacted and moved to me thats retrospective so maybe we can agree to disagree, Geppy certainly rejected 139 00 :-)
If you are new to Forex? Say Goodbye to your account!!
  • #561,998
  • Nov 30, 2020 4:52am Nov 30, 2020 4:52am
Quoting OnlineAddict
{quote} 5 pips down from opening price is plunging? What will you call it if it spikes 100+ pips up?
It makes new lows everyday

it is time to give up
Make money by doing the opposite of Giveachance aka loser
  • #561,999
  • Nov 30, 2020 4:54am Nov 30, 2020 4:54am
Quoting navk
{quote} let us see how it goes today. Personally, I want the price to go down to s1 for me to take another set of longs, until then no trade.
shit parity!! truly uncharted territory, however I think it is quite possible since 2008 it has been bearish all the way with 3 piss ant bull rallies, 2009 2013 and 2017 all year after each gfc,s sooo why not parity?? are we in a gfc presently? possibly, brexit bs pandemic bs could be another bull rally next year of after the gfc has shown on the charts
If you are new to Forex? Say Goodbye to your account!!
  • #562,000
  • Nov 30, 2020 4:58am Nov 30, 2020 4:58am
Quoting KiwiTrada
{quote} shit parity!! truly uncharted territory, however I think it is quite possible since 2008 it has been bearish all the way with 3 piss ant bull rallies, 2009 2013 and 2017sooo why not parity??
Parity?

Lol.

who knows, however, it is too long for me.

I am happy and content with 30/40/50/60 pips a day.

Intraday only.
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