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Cable Update (GBPUSD)

  • #563,101
  • Dec 2, 2020 11:04pm Dec 2, 2020 11:04pm
Like i said yesterday 1,3420

then we will see
Make money by doing the opposite of Giveachance aka loser
  • #563,102
  • Dec 2, 2020 11:06pm Dec 2, 2020 11:06pm
Perfect repeat like they did in the last time.
Taking the low of last day before they take off Tuesday high in the making
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yes yes yes
  • #563,103
  • Dec 2, 2020 11:06pm Dec 2, 2020 11:06pm
Short scalp 340. TP 20 pip at Wr1
  • #563,104
  • Dec 2, 2020 11:06pm Dec 2, 2020 11:06pm
Like someone said yesterday about the bulls

where are the bears on this thread ? Hiding again ?
Make money by doing the opposite of Giveachance aka loser
  • #563,105
  • Dec 2, 2020 11:07pm Dec 2, 2020 11:07pm
Quoting JayBag
{quote} Fair enough MC. One thing I can’t get off my head is, GU is still bullish and sooner or later, we’ll see that big bull.. It can whipsaw, retest and Range all it wants. When it’s time, it will become visible Traders without proper MM are not advised to think of GU.. SS
Morning Gang, I think today is the day it becomes visible. Let’s give it a bit more time..

It should be swift
StaySafe
  • #563,106
  • Dec 2, 2020 11:11pm Dec 2, 2020 11:11pm
... 78.6% of y/day's fall in that prev 1hr/4hr sw lo zone = prev supp = pot sbr reached after 1st london move up. 1hr below.
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Trader with an Edge.
  • #563,107
  • Dec 2, 2020 11:12pm Dec 2, 2020 11:12pm
Quoting nessus94
Like someone said yesterday about the bulls where are the bears on this thread ? Hiding again ?
Lol. Let’s not allow an individual influence us negatively into bringing the other side down. He’s a bad influence.. Rather let’s keep posting/talking about our baby bull and maybe that will help it spring to the moon ..

We really need the bulls to make a solid statement once and for all. One thing I know is, when this flies, it will be extremely aggressive. I mean we have spent a long time here compressing a whole lot of energy..

This should be worth the wait
SS
  • #563,108
  • Dec 2, 2020 11:14pm Dec 2, 2020 11:14pm
repeat again.. add short now for 1.3350.. if story repeat we should see it soon..
Trade what you see, not what you think.. react and stay sharp..
  • #563,109
  • Dec 2, 2020 11:14pm Dec 2, 2020 11:14pm
On 1hr we had the SW zone formed and tested.

Good for a buy..
Attached Image (click to enlarge)
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Le$$ I$ More
  • #563,110
  • Dec 2, 2020 11:18pm Dec 2, 2020 11:18pm
3415 is not an easy break. but yes if it breaks it will break massive.
  • #563,111
  • Dec 2, 2020 11:19pm Dec 2, 2020 11:19pm
Quoting Maximumheigh
{quote} Worked as planned. We are still here. Let see what happens from here.
Good Morning friends. PA gradually grinded up. I am observing to see what next from here.
  • #563,112
  • Dec 2, 2020 11:19pm Dec 2, 2020 11:19pm
Quoting JayBag
{quote} Lol. Let’s not allow an individual influence us negatively into bringing the other side down. He’s a bad influence.. Rather let’s keep posting/talking about our baby bull and maybe that will help it spring to the moon .. We really need the bulls to make a solid statement once and for all. One thing I know is, when this flies, it will be extremely aggressive. I mean we have spent a long time here compressing a whole lot of energy.. This should be worth the wait SS
Juju Man
Le$$ I$ More
  • #563,113
  • Dec 2, 2020 11:19pm Dec 2, 2020 11:19pm
Quoting goldfish3
3415 is not an easy break. but yes if it breaks it will break massive.
I fully agree ..
  • #563,114
  • Dec 2, 2020 11:21pm Dec 2, 2020 11:21pm
New short entered at 1.3405... don't care about few draw down before target will get hit at 1.3300.

Let's see how it plays out.
Data + Stat + Risk/Emotions Management
  • #563,115
  • Dec 2, 2020 11:23pm Dec 2, 2020 11:23pm
Quoting Georginson
New short entered at 1.3405... don't care about few draw down before target will get hit at 1.3300. Let's see how it plays out.
Mate, you have a 1hr/4hr potential H&S on your side but I'm sure you've seen that already. Good luck with it.
------------------------------------

London has started bullishly.
Trader with an Edge.
  • #563,116
  • Dec 2, 2020 11:25pm Dec 2, 2020 11:25pm
hmm.. i missed you bear come and play.. ahaha still holding my short ..
Trade what you see, not what you think.. react and stay sharp..
  • #563,117
  • Dec 2, 2020 11:27pm Dec 2, 2020 11:27pm
Quoting miedpreneur
repeat again.. add short now for 1.3350.. if story repeat we should see it soon..
looks like the cycle continues.. i hope.. wish me luck..
Trade what you see, not what you think.. react and stay sharp..
  • #563,118
  • Dec 2, 2020 11:28pm Dec 2, 2020 11:28pm
Quoting Roszey
{quote} Juju Man
Na juju be that

The gods are forever WISE and extremely patient bro.

SS
  • #563,119
  • Dec 2, 2020 11:29pm Dec 2, 2020 11:29pm
Quoting JayBag
{quote} I fully agree ..
expecting some vola here for a couple hours. perhaps down to pivot/open.
  • #563,120
  • Dec 2, 2020 11:29pm Dec 2, 2020 11:29pm
... from forexlive.com

'.....The latest development is that Brexit talks are angling towards a more positive outcome, but it remains to be seen what sort of agreement that may end up being.

Barnier and Frost are expected to update on the state of play today and if not, tomorrow surely so keep an eye out for that as the talks in London near a conclusion.

The price action in the pound shows that this is a market itching to buy the quid, so positive Brexit rumblings could help to propel the pound higher but just be wary of any exacerbated optimism if both sides fall back on some technicality instead.....'
Trader with an Edge.
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