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Cable Update (GBPUSD)

  • #563,601
  • Dec 4, 2020 8:31am Dec 4, 2020 8:31am
Quoting Catempire
{quote} too early, it’s immaterial in the scheme of things tho, analysis didn’t respect how deep the pockets of those wanting it as high as possible before a drop were.
ie: the analysis was wrong.
Trader with an Edge.
  • #563,602
  • Dec 4, 2020 8:32am Dec 4, 2020 8:32am
Given it’s broken through such strong resistance a whip substantially higher seems likely to me

1.4 down to 1.1 and I’ll run round my town naked
Que Sera
  • #563,603
  • Dec 4, 2020 8:32am Dec 4, 2020 8:32am
Quoting Coreg2004
{quote} Georginson, did your stop-loss @1.3525 hit?...or you freed more assets to average down more?... I'm just curious nothing else.
I added even bigger fund to my equity to short again as this swing sell opportunity is too good for me to ignore. My equity is fat enough to tolerate 1.40
Data + Stat + Risk/Emotions Management
  • #563,604
  • Dec 4, 2020 8:33am Dec 4, 2020 8:33am
Quoting Headland
{quote} ie: the analysis was wrong.
For sure, that’s what I said lol
Que Sera
  • #563,605
  • Dec 4, 2020 8:33am Dec 4, 2020 8:33am
Quoting ChiForex
Today, support starts at around 1.3410 and follows it 1.3360s. On upside, 1.3510s seems the target with possibly 1.3580s as Max movement.
Second TP for bulls and max sell level for bears is coming..
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #563,606
  • Dec 4, 2020 8:33am Dec 4, 2020 8:33am
False break ?
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yes yes yes
  • #563,607
  • Dec 4, 2020 8:33am Dec 4, 2020 8:33am
Quoting Catempire
Given it’s broken through such strong resistance a whip substantially higher seems likely to me 1.4 down to 1.1 and I’ll run round my town naked
No, you'll frighten the kids, do it in a Fozzie bear suit
Trader with an Edge.
  • #563,608
  • Dec 4, 2020 8:34am Dec 4, 2020 8:34am
hey guys.. there is a divergence on RSI?
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  • #563,609
  • Dec 4, 2020 8:34am Dec 4, 2020 8:34am
Quoting Headland
{quote} No, you'll frighten the kids, do it in a Fozzie bear suit
Good shout
Que Sera
  • #563,610
  • Dec 4, 2020 8:35am Dec 4, 2020 8:35am
Quoting Catempire
Given it’s broken through such strong resistance a whip substantially higher seems likely to me 1.4 down to 1.1 and I’ll run round my town naked
Liverpool ?
  • #563,611
  • Dec 4, 2020 8:36am Dec 4, 2020 8:36am
Quoting Catempire
Given it’s broken through such strong resistance a whip substantially higher seems likely to me 1.4 down to 1.1 and I’ll run round my town naked
you won't see below 1.25 anyway

just 1,40 and 1,45

max down is 1,27
Make money by doing the opposite of Giveachance aka loser
  • #563,612
  • Dec 4, 2020 8:36am Dec 4, 2020 8:36am
Even my cup is a early
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Que Sera
  • #563,613
  • Dec 4, 2020 8:36am Dec 4, 2020 8:36am
Quoting nessus94
{quote} you won't see below 1.25 anyway just 1,40 and 1,45 max down is 1,27
Ok.
Que Sera
  • #563,614
  • Dec 4, 2020 8:36am Dec 4, 2020 8:36am
Quoting stardust83
hey guys.. there is a divergence on RSI? {image}
Yes, but forget about indicators when trading GU during brexit negotiations.
Everyone can see the chart, but only a few can actually read it.
  • #563,615
  • Dec 4, 2020 8:39am Dec 4, 2020 8:39am
Quoting krakFX
Still very bullish, lets see how she reacts to 1.35 {image}
Its been fun cable, but Ive been around long enough to know its time sit on the sidelines for now, still expecting 1.3690. Time to scalp and limit time "in" the market.
  • #563,616
  • Dec 4, 2020 8:39am Dec 4, 2020 8:39am
Quoting Catempire
Even my cup is a early {image}
lol.......aaah now the mystery is solved, ...everytime you've had a drink you've been getting subliminal messages that have worked into your conscious mind and convinced you of a 'bearish scenario.' What are the other long term bears' excuses though, as they 'nurse' losing positions? The question is rhetorical.
Trader with an Edge.
  • #563,617
  • Dec 4, 2020 8:39am Dec 4, 2020 8:39am
Quoting OnlineAddict
{quote} Yes, but forget about indicators when trading GU during brexit negotiations.
Ok, thanks!
  • #563,618
  • Dec 4, 2020 8:40am Dec 4, 2020 8:40am
Quoting OnlineAddict
{quote} Yes, but forget about indicators when trading GU during brexit negotiations.

Exactly, Im still sore from the 2011 CHF pegging. Damn that hurt, hurt enough to never tough the EURCHF again
  • #563,619
  • Dec 4, 2020 8:41am Dec 4, 2020 8:41am
Quoting genadi
{quote} Liverpool ?
you want to watch?

might keep my town to myself
Que Sera
  • #563,620
  • Dec 4, 2020 8:42am Dec 4, 2020 8:42am
Quoting krakFX
{quote} Exactly, Im still sore from the 2011 CHF pegging. Damn that hurt, hurt enough to never tough the EURCHF again
You’re not a teacher by any chance?
Que Sera
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