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Cable Update (GBPUSD)

  • #562,621
  • Dec 1, 2020 10:49am Dec 1, 2020 10:49am
1.3440s was the clear strong resistance for the day and week too. Monthly is way higher at 1.3570s but long way to go as month just started.

Good support awaiting at 1.3350-60s
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #562,622
  • Dec 1, 2020 10:50am Dec 1, 2020 10:50am
Quoting OnlineAddict
{quote} Did something change? Is UK cancelling brexit? I see bulls get excited about every little spike...see you at 2900.
You will keep shorting until 1,37 ? 1,40 ?

You will miss a 500 pips rally ?
Make money by doing the opposite of Giveachance aka loser
  • #562,623
  • Dec 1, 2020 10:51am Dec 1, 2020 10:51am
  •  Rgkc
  • | Joined Dec 2010 | Status: Never stop learning about forex! | 419 Posts
big move
13340 again
Studing..............
  • #562,624
  • Dec 1, 2020 10:53am Dec 1, 2020 10:53am
Quoting nessus94
{quote} You will keep shorting until 1,37 ? 1,40 ? You will miss a 500 pips rally ?
1.40? Lets make a bet then...if we get 1.40 before 1.29, you win. If we get 1.29 first, I win. A $1000 bet.
Everyone can see the chart, but only a few can actually read it.
  • #562,625
  • Dec 1, 2020 10:55am Dec 1, 2020 10:55am
Quoting Catempire
Just opened a hedge 13403.4 SL 385
Once your sl is hit
lets go back up lol
Make money by doing the opposite of Giveachance aka loser
  • #562,626
  • Dec 1, 2020 10:55am Dec 1, 2020 10:55am
Quoting OnlineAddict
{quote} 1.40? Lets make a bet then...if we get 1.40 before 1.29, you win. If we get 1.29 first, I win. A $1000 bet.


you know that you are right, why you need those 1k usd? you will make it by trading
  • #562,627
  • Dec 1, 2020 10:56am Dec 1, 2020 10:56am
Quoting OnlineAddict
{quote} 1.40? Lets make a bet then...if we get 1.40 before 1.29, you win. If we get 1.29 first, I win. A $1000 bet.
Ill also have one of these bets if someone is keen...

Money can be escrow for safety.
Que Sera
  • #562,628
  • Dec 1, 2020 10:58am Dec 1, 2020 10:58am
Quoting nessus94
{quote} Once your sl is hit lets go back up lol
Maybe.

Tbh I don't rally care, I am not in control of the market, you make a decision, you stick to it, none of this long short i just shat myself because the price move bollcks, you'll NEVER make the big buck otherwise.
Que Sera
  • #562,629
  • Dec 1, 2020 10:58am Dec 1, 2020 10:58am
Quoting Maximumheigh
{quote} This is a massive upward move. The bulls have it this time.
Half the move gone to the bear within an hour. And we are back to below 1.34. Am I seeing something. just observing
  • #562,630
  • Dec 1, 2020 11:01am Dec 1, 2020 11:01am
Quoting OnlineAddict
{quote} 1.40? Lets make a bet then...if we get 1.40 before 1.29, you win. If we get 1.29 first, I win. A $1000 bet.
So I guess thats a no?
Everyone can see the chart, but only a few can actually read it.
  • #562,631
  • Dec 1, 2020 11:03am Dec 1, 2020 11:03am
dropped to support 3397 ish and now should bounce. let's see.
Attached Image (click to enlarge)
Click to Enlarge Name: 2020-12-01_12-01-37.png Size: 35 KB
In tea leaves we trust!
  • #562,632
  • Dec 1, 2020 11:09am Dec 1, 2020 11:09am
...arguably still a rising wedge on the dly t/f...below. 23.6% 3195-3442/38.2% 3305-3442 at the current pullback lo in that said prev 4hr sw hi zone = prev res = pot rbs.
Attached Image (click to enlarge)
Click to Enlarge Name: e17edf6133e3bde97da4f0c2ef8d9788.png Size: 59 KB
Trader with an Edge.
  • #562,633
  • Dec 1, 2020 11:11am Dec 1, 2020 11:11am
Quoting Catempire
Just opened a hedge 13403.4 SL 385

Haha hedge , welcome to the bulls side
Follow The Markets Structure - Patience and Discipline
  • #562,634
  • Dec 1, 2020 11:12am Dec 1, 2020 11:12am
Quoting krakFX
{quote} its still a range play, been like this for a week waiting for decisive close above 1.34 or below 1.33. its a scalpers dream!
krakfx hope you,ve enjoyed your longs
99.9% persistence
  • #562,635
  • Dec 1, 2020 11:15am Dec 1, 2020 11:15am
Quoting OnlineAddict
{quote} Did something change? Is UK cancelling brexit? I see bulls get excited about every little spike...see you at 2900.
Yes, another holding zone for DX has been demolished...possible one more to go for the extended move...
Attached Image (click to enlarge)
Click to Enlarge Name: DX 12.01.daily.png Size: 91 KB
Always trade your own plan...I don't provide trading signals.
  • #562,636
  • Dec 1, 2020 11:16am Dec 1, 2020 11:16am
Quoting Moty
{image}
congrats on your long man.. we all thought you were crazy
99.9% persistence
  • #562,637
  • Dec 1, 2020 11:24am Dec 1, 2020 11:24am
Quoting zuluremys
{quote} congrats on your long man.. we all thought you were crazy
I didn’t think he was crazy tho
  • #562,638
  • Dec 1, 2020 11:25am Dec 1, 2020 11:25am
Quoting zuluremys
{quote} congrats on your long man.. we all thought you were crazy
I am crazy.
But there was avadance for that, for long i mean
Attached Image (click to enlarge)
Click to Enlarge Name: CamScanner 12-01-2020 19.21_1.jpg Size: 136 KB
yes yes yes
  • #562,639
  • Dec 1, 2020 11:29am Dec 1, 2020 11:29am
Quoting zuluremys
{quote} congrats on your long man.. we all thought you were crazy
He is not crazy. He is high risk trader. :-):-):-)
  • #562,640
  • Dec 1, 2020 11:29am Dec 1, 2020 11:29am
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Trader with an Edge.
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