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Cable Update (GBPUSD)

  • #564,161
  • Dec 7, 2020 11:48am Dec 7, 2020 11:48am
Quoting VM.
https://www.forexlive.com/
thank you . still learning =D thanks thanks
  • #564,162
  • Dec 7, 2020 11:49am Dec 7, 2020 11:49am
Quoting SFundamental
Sometimes I wonder is it possible for the dollar to actually get a bid

Has been a while since the king ruled over anything.
  • #564,163
  • Dec 7, 2020 11:51am Dec 7, 2020 11:51am
Oil look good today
Look ahead, Macro=Direction, Levels & Structure = Entry
  • #564,164
  • Dec 7, 2020 11:57am Dec 7, 2020 11:57am
Quoting Catempire
{quote} Pip could also be a broadening top ?

yes of course that is why i am not trading it, as it is an indecision pattern either way and needs to break one way or the other , i believe 3400 is the break or retest point.
Follow The Markets Structure - Patience and Discipline
  • #564,165
  • Dec 7, 2020 11:58am Dec 7, 2020 11:58am
U.K. Backs Down on Threat to Break Brexit Divorce Agreement - Bloomberg
Que Sera
  • #564,166
  • Dec 7, 2020 12:15pm Dec 7, 2020 12:15pm
Quoting Maximumheigh
{quote} Offloaded another long. We be loading shorts around this price now. Already at 1.336x {image}
Shorts loaded. Move to BE.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20201207-191232.png Size: 66 KB
  • #564,167
  • Dec 7, 2020 12:15pm Dec 7, 2020 12:15pm
This drop - is mainly due to stops being wacked- and someone finally thinking of buying the dollar
Look ahead, Macro=Direction, Levels & Structure = Entry
  • #564,168
  • Dec 7, 2020 12:16pm Dec 7, 2020 12:16pm
WTF

"Water is joining gold, oil and other commodities traded on Wall Street, highlighting worries that the life-sustaining natural resource may become scarce across more of the world"
Que Sera
  • #564,169
  • Dec 7, 2020 12:20pm Dec 7, 2020 12:20pm
Quoting Wavegarrick
{quote} Hi Guys, All good, my sell trades were taken out with small profits. Added a sell trade-off my monthly resistance 1 at 1.35373 and locked in. I don't like to publish trades on a Friday and more especially with Brexit on the horizon, but most importantly we are ripe for a correction to the downside. Have a great weekend Cheers {image}
Starting to get full sell confirmation signals from a 4hr perspective.

Sell trade opened at 1.33541 with a 40 pip stop loss and will lock in asap.

Trade safe
Cheers.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_898.png Size: 87 KB
Trade to trade another day
  • #564,170
  • Dec 7, 2020 12:21pm Dec 7, 2020 12:21pm
Brexit: Divisions over fisheries in the Brexit negotiations have deepened (forexlive.com)
Que Sera
  • #564,171
  • Dec 7, 2020 12:21pm Dec 7, 2020 12:21pm
Second RUN...
Attached Image (click to enlarge)
Click to Enlarge Name: gu.png Size: 40 KB
  • #564,172
  • Dec 7, 2020 12:26pm Dec 7, 2020 12:26pm
Quoting Catempire
WTF "Water is joining gold, oil and other commodities traded on Wall Street, highlighting worries that the life-sustaining natural resource may become scarce across more of the world"
Rich people have been buying drinking water reserves(water springs, etc) for years now, even Arabs, who are shifting from oil. Eventually (drinking)water will become the most important commodity.
Everyone can see the chart, but only a few can actually read it.
  • #564,173
  • Dec 7, 2020 12:28pm Dec 7, 2020 12:28pm
Quoting OnlineAddict
{quote} Rich people have been buying drinking water reserves(water springs, etc) for years now, even Arabs, who are shifting from oil. Eventually (drinking)water will become the most important commodity.
Dog eat dog world when that shi*t happens especially as top 1% will own 99.9% of everything.
Que Sera
  • #564,174
  • Dec 7, 2020 12:31pm Dec 7, 2020 12:31pm
Quoting Catempire
{quote} Dog eat dog world when that shi*t happens especially as top 1% will own 99.9% of everything.
Its a good time to invest in lots with a lot of water reserves beneath the surface, ideally with a clean water spring on the ground.
Everyone can see the chart, but only a few can actually read it.
  • #564,175
  • Dec 7, 2020 12:37pm Dec 7, 2020 12:37pm
Quoting OnlineAddict
{quote} Its a good time to invest in lots with a lot of water reserves beneath the surface, ideally with a clean water spring on the ground.
I was just thinking about a desalination / home water cleansing technology...
Que Sera
  • #564,176
  • Dec 7, 2020 12:40pm Dec 7, 2020 12:40pm
Come on Cable bring it home...

After getting stopped out at 540 by 0.3 I really do hope these can stay the fu*k put.
Que Sera
  • #564,177
  • Dec 7, 2020 12:41pm Dec 7, 2020 12:41pm
Crazy swings

Moved my SL to 389
Que Sera
  • #564,178
  • Dec 7, 2020 12:42pm Dec 7, 2020 12:42pm
Quoting nessus94
more buy 1,3360
all the way down to 1.30 SOON... this week
  • #564,179
  • Dec 7, 2020 12:43pm Dec 7, 2020 12:43pm
Quoting Steamroller
Progress = 1.338, stagnation = 1.330, bad news = 1.316. I will check at end of day to see if there is any truth in my numbers.
Traded on hope towards progress and ended up at stagnation.
  • #564,180
  • Dec 7, 2020 12:47pm Dec 7, 2020 12:47pm
There will be no additional call between Johnson and von der Leyen
EU sources are out saying:

  1. there will not be a UK trade deal on Monday
  2. UK PM Johnson and EU von der Leyen will not resume their call.

There will be a "short written statement" soon.

Meanwhile Ireland's Foreign Minister says:

  1. Thinks Wednesday is a hard deadline, if no deal by Thursday contingency planning must begin

Que Sera
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