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Cable Update (GBPUSD)

  • #562,421
  • Dec 1, 2020 4:34am Dec 1, 2020 4:34am
Quoting ruhut
{quote} nope, dont forget the NFP this week. 1.32 will be hit.
your sl will not make it until ny open
Attached Image (click to enlarge)
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yes yes yes
  • #562,422
  • Dec 1, 2020 4:35am Dec 1, 2020 4:35am
Eurusd traders, a sell atmosphere. IMO
  • #562,423
  • Dec 1, 2020 4:38am Dec 1, 2020 4:38am
Quoting Moty
{quote} your sl will not make it until ny open {image}
whats your take on Gold? TP of 1800 of can go higher?
  • #562,424
  • Dec 1, 2020 4:40am Dec 1, 2020 4:40am
1.32? lol.. ok, maybe so. Speculation without analysis is just gambling. sigh..


Show me a chart..

Pound is still mega bullish, even more so considering its defied all fundamental pressure with brexit, covid, UKs lockdowns. The fact its remained bullish and buoyant through all this adds more conviction that new highs will be posted. Theres definitely selling pressure but a wild call of 1.32 before NFP is just crazy.
  • #562,425
  • Dec 1, 2020 4:41am Dec 1, 2020 4:41am
Quoting Moty
{quote} your sl will not make it until ny open {image}

after the cross of 1.33640 i think the trend might move down thats what prices have been playing all these days imo
Keep the Lights on then you can catch the rise from the dark.
  • #562,426
  • Dec 1, 2020 4:41am Dec 1, 2020 4:41am
Quoting Ehsank78
{quote} whats your take on Gold? TP of 1800 of can go higher?

I have the same target for gold, the volatility has been great for scalpers!

Attached Image (click to enlarge)
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Quick scalp on the break of structure.
  • #562,427
  • Dec 1, 2020 4:51am Dec 1, 2020 4:51am
Bears struggling to break this level. Hope they return in full swing after NY open
  • #562,428
  • Dec 1, 2020 4:54am Dec 1, 2020 4:54am
Quoting Headland
... 1hr bearish engulf of last 6 close/4hr bearish bodied hammer close on gmt+2 feed.
nope candle "body" top has to be higher and candle body bottom lower for bearish engulfing I think?
If you are new to Forex? Say Goodbye to your account!!
  • #562,429
  • Dec 1, 2020 4:55am Dec 1, 2020 4:55am
Quoting Mitiblotch
Something feels odd with this spike. No volume for hours now. And the spike candles have no volume from 15mins to 4hrs. I think no need to rush into a buy. We may yet still hit the daily pivot at 3338. London soon.
Trust the volume expert. Little things that help us make razor-sharp decisions and bring home the profit. $10 account now $205 after withdrawing $46.
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  • #562,430
  • Dec 1, 2020 5:00am Dec 1, 2020 5:00am
Quoting Maximumheigh
{quote} Friend, a very strong bearish hammer just formed on 4hr timeframe. I am looking for opportunity to short this and not buy for now. Every pullback is a sell for me. IMO {image}
my 4hr just about to close not an inverted hammer, timezones a bitch
If you are new to Forex? Say Goodbye to your account!!
  • #562,431
  • Dec 1, 2020 5:02am Dec 1, 2020 5:02am
Gold touches 1800 for 1st time after the big fall on Friday
  • #562,432
  • Dec 1, 2020 5:09am Dec 1, 2020 5:09am
yes yes yes !
gold is already at 1804 , but i took my profit at 1799 , it's not good to be greedy .
immediately as my used margin got free , got in to long in the gu
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: gu1.png Size: 44 KB
yes yes yes
  • #562,433
  • Dec 1, 2020 5:15am Dec 1, 2020 5:15am
Quoting Ehsank78
{quote} whats your take on Gold? TP of 1800 of can go higher?
Attached Image (click to enlarge)
Click to Enlarge Name: go.png Size: 21 KB
yes yes yes
  • #562,434
  • Dec 1, 2020 5:16am Dec 1, 2020 5:16am
As a bear who turned up to the picnic a week ago, I'm starting to get hungry.
Que Sera
  • #562,435
  • Dec 1, 2020 5:17am Dec 1, 2020 5:17am
Quoting Maximumheigh
{quote} Offloaded some shorts. More downward move coming. Alot of untest Ss down there. A little pullback, I will load more shorts. IMO {image}
1.336x R holding firm for now. More downside for me here. 1.3318 area coming! IMO
Attached Image (click to enlarge)
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  • #562,436
  • Dec 1, 2020 5:20am Dec 1, 2020 5:20am
Quoting KiwiTrada
{quote} my 4hr just about to close not an inverted hammer, timezones a bitch
That is the effect of brokers with different timezones. For me, my 4hr closed about an hour ago and it was a strong bearish hammer. pic posted earlier.
  • #562,437
  • Dec 1, 2020 5:20am Dec 1, 2020 5:20am
Quoting Moty
yes yes yes ! gold is already at 1804 , but i took my profit at 1799 , it's not good to be greedy . immediately as my used margin got free , got in to long in the gu {image} {image}
1810 might prove tough for bulls?
If you are new to Forex? Say Goodbye to your account!!
  • #562,438
  • Dec 1, 2020 5:23am Dec 1, 2020 5:23am
Quoting KiwiTrada
{quote} 1810 might prove tough for bulls?
silver also running into resistance 23 39ish??
If you are new to Forex? Say Goodbye to your account!!
  • #562,439
  • Dec 1, 2020 5:28am Dec 1, 2020 5:28am
Quoting KiwiTrada
{quote} 1810 might prove tough for bulls?
Attached Image (click to enlarge)
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yes yes yes
  • #562,440
  • Dec 1, 2020 5:28am Dec 1, 2020 5:28am
UP UP hard to break 1.33468
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