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Cable Update (GBPUSD)

  • #564,301
  • Dec 8, 2020 6:00am Dec 8, 2020 6:00am
Quoting gatenio
{quote} 24+ trading hours from top 1.35x to bottom 1.32x i wont be surprise to see same amount of pips down from 1.34 within 24+ trading hours..
  • #564,302
  • Dec 8, 2020 6:00am Dec 8, 2020 6:00am
what do you think happened their... i think two big forces collided
Attached Image
99.9% persistence
  • #564,303
  • Edited 6:19am Dec 8, 2020 6:01am | Edited 6:19am
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.
Back to stagnation again. There is a briefing going on which may move price once details emerge.

If there is upside back to POC.

The above is not a trade call just me trying to read a rangebound market.
  • #564,304
  • Dec 8, 2020 6:06am Dec 8, 2020 6:06am
Hey!!! stop, yes you, you are already frustrated that the market is going nowhere since morning...
You have decided to read peoples post to determine whether to BUY or SELL .....
I will advice you read this piece before you take your final decision.

There are different type of trader:
* Those that here to confuse
* Those here to convince
* Those that are here to tease
* Those that think they are trader but gambles
* Those Trader that sells and buyer at the same time
* Those that copy other trades and convince yo to do same.
* Those that changes direction every five minutes
* Those their minds are buying while their hands are selling
* Those that are loosing money and keep boosting they are making money

Trader are unlimited. Is better you have a trading plan and trade it.
It not by force you trade every time you open your PC.
If you are seeing nothing, go for breaks.

FOR THE PRO please when you advice us to BUY don't forget to tell us
when the market turns around.


if you know, you know...
My goal is what keeps me going...
  • #564,305
  • Dec 8, 2020 6:10am Dec 8, 2020 6:10am
nice now i can go long again 1.3314 ..
Trade what you see, not what you think.. react and stay sharp..
  • #564,306
  • Dec 8, 2020 6:13am Dec 8, 2020 6:13am
Quoting abconqq7
Boris told us that he will never to finish this deal, all guys prepared the sell stop for the fruitful pips
told already, 50 pips pocked
Damage
  • #564,307
  • Dec 8, 2020 6:17am Dec 8, 2020 6:17am
Quoting kazzyworld
Hey!!! stop, yes you, you are already frustrated that the market is going nowhere since morning... You have decided to read peoples post to determine whether to BUY or SELL ..... I will advice you read this piece before you take your final decision. There are different type of trader: * Those that here to confuse * Those here to convince * Those that are here to tease * Those that think they are trader but gambles * Those Trader that sells and buyer at the same time * Those that copy other trades and convince yo to do same. * Those that changes...
Absolutely, thank you!
  • #564,308
  • Dec 8, 2020 6:19am Dec 8, 2020 6:19am
Quoting Maximumheigh
{quote} Good Day Friends. Loaded shorts. Let meet at 1.325x. IMO
Nice move down. 1.325x still on site. IMO
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20201208-131707.png Size: 70 KB
  • #564,309
  • Dec 8, 2020 6:21am Dec 8, 2020 6:21am
not enough momentum to push price down... am very disappointed, am closing my shorts 5min
99.9% persistence
  • #564,310
  • Dec 8, 2020 6:22am Dec 8, 2020 6:22am
wonder why everyone look for buy “lower”/“bottom” with a potential downtrend on 30m-4h tf’s?
  • #564,311
  • Dec 8, 2020 6:22am Dec 8, 2020 6:22am
Quoting Maximumheigh
{quote} Nice move down. 1.325x still on site. IMO {image}
get out of your last shot i have a feeling the level ll be broken
99.9% persistence
  • #564,312
  • Dec 8, 2020 6:22am Dec 8, 2020 6:22am
Quoting Maximumheigh
{quote} Nice move down. 1.325x still on site. IMO {image}
yes but i see 1.3380 offering something..imo
Trade what you see, not what you think.. react and stay sharp..
  • #564,313
  • Dec 8, 2020 6:23am Dec 8, 2020 6:23am
Quoting kazzyworld
Hey!!! stop, yes you, you are already frustrated that the market is going nowhere since morning... You have decided to read peoples post to determine whether to BUY or SELL ..... I will advice you read this piece before you take your final decision. There are different type of trader: * Those that here to confuse * Those here to convince * Those that are here to tease * Those that think they are trader but gambles * Those Trader that sells and buyer at the same time * Those that copy other trades and convince yo to do same. * Those that changes...
  • #564,314
  • Dec 8, 2020 6:38am Dec 8, 2020 6:38am
Quoting zuluremys
{quote} get out of your last shot i have a feeling the level ll be broken
Thanks friend. I will rather load more shorts at this level. Move my shorts to BE
  • #564,315
  • Dec 8, 2020 6:39am Dec 8, 2020 6:39am
Quoting fxmasterdxb
Pump before the dump? Sold @ 1.3391
Looking good so far, waiting for daily close below 1.3285 for confirmation and to target few hundred pips
  • #564,316
  • Dec 8, 2020 6:40am Dec 8, 2020 6:40am
Quoting gatenio
wonder why everyone look for buy “lower”/“bottom” with a potential downtrend on 30m-4h tf’s?
For me, need some upper liquidation
  • #564,317
  • Dec 8, 2020 6:40am Dec 8, 2020 6:40am
Time to sell more, brexit will have no deal!
Damage
  • #564,318
  • Dec 8, 2020 6:41am Dec 8, 2020 6:41am
Quoting miedpreneur
{quote} yes but i see 1.3380 offering something..imo
I have new R level , 1.3365 which have not broken yet. Let wait till that level is taken out.
  • #564,319
  • Dec 8, 2020 6:42am Dec 8, 2020 6:42am
Quoting Steamroller
{quote} Back to stagnation again. There is a briefing going on which may move price once details emerge. If there is upside back to POC. The above is not a trade call just me trying to read a rangebound market.
Price could sit at a lower value if it can't get back to POC again. I wonder if it will take stops below 1.33? Before up.
  • #564,320
  • Dec 8, 2020 6:42am Dec 8, 2020 6:42am
Scalping day
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