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Cable Update (GBPUSD)

  • #564,601
  • Dec 9, 2020 9:15am Dec 9, 2020 9:15am
there are some minor supports, but a break of 1.3390 will be the final stab on the Tomb
  • #564,602
  • Dec 9, 2020 9:15am Dec 9, 2020 9:15am
Attached Image (click to enlarge)
Click to Enlarge Name: gu3.png Size: 37 KB
yes yes yes
  • #564,603
  • Dec 9, 2020 9:15am Dec 9, 2020 9:15am
Quoting nessus94
{quote} 1.3409 is next or a flash move below 1,3320 then buy buy buy
1,3409 is good

flush down to 1.3320 now ?
Make money by doing the opposite of Giveachance aka loser
  • #564,604
  • Dec 9, 2020 9:16am Dec 9, 2020 9:16am
Quoting Maximumheigh
Good day friends. I have been abit busy today. GU direction is looking unclear now, but I am bear bias. We can touch 1.336x today. IMO
offloaded some shorts. 1.336x still on site. more downward IMO
  • #564,605
  • Dec 9, 2020 9:18am Dec 9, 2020 9:18am
Huge risk off selling.
But may take a pause before continuation.
  • #564,606
  • Dec 9, 2020 9:18am Dec 9, 2020 9:18am
Quoting Moty
{image}
What kind of technical mechanism are you following bro, or are you just trading based on Guts Feeling.

If GU goes higher today, I will follow you, and my hats off... indeed, anything is possible, but technically there is no indication for bulls....

There is a Final BREXIT Summit today... so , anything can happpen
  • #564,607
  • Dec 9, 2020 9:27am Dec 9, 2020 9:27am
Quoting gatenio
{quote} @JAYBAG im thinking our gold going to sink real bad..
i won the jackpot on gold today, TP..
thank god i do homework this morning and didn't wait for 1907,
1875 yesterday was nice top for 4h.

let see if price can drop back to 1761 and then 1720
  • #564,608
  • Dec 9, 2020 9:30am Dec 9, 2020 9:30am
Quoting gatenio
{quote} i won the jackpot on gold today, TP.. thank god i do homework this morning and didn't wait for 1907, 1875 yesterday was nice top for 4h. let see if price can drop back to 1761 and then 1720
Yeah, gold was a great trade, there was a great structure formation and a back test, typical technical trading...
  • #564,609
  • Dec 9, 2020 9:31am Dec 9, 2020 9:31am
Quoting gatenio
{quote} i won the jackpot on gold today, TP.. thank god i do homework this morning and didn't wait for 1907, 1875 yesterday was nice top for 4h. let see if price can drop back to 1761 and then 1720
Maybe drop to 1833-1820 zone and further push to 1889-1902 zone? I have been scalping selling gold today as obviously it needed a breather but been making $1-2 at a time, small risk with small profit
  • #564,610
  • Dec 9, 2020 9:32am Dec 9, 2020 9:32am
3rd time lucky

Que Sera
  • #564,611
  • Dec 9, 2020 9:32am Dec 9, 2020 9:32am
The more the BEARS bring the market down
the more opportunities the BULLS have to takeover
the MARKET.

The short term may belong to the BEARS
BUT the long term surely belong to the BULLS....

my little cent...


if you know, you know...
My goal is what keeps me going...
  • #564,612
  • Dec 9, 2020 9:32am Dec 9, 2020 9:32am
Quoting Moty
{image}
Could still drop to 1.3360 before climbing up again, be careful buddy
  • #564,613
  • Dec 9, 2020 9:34am Dec 9, 2020 9:34am
Be-careful on GU, there is BoE intervention... I just noticed prices getting springed up. Typical intervention PA....
  • #564,614
  • Dec 9, 2020 9:38am Dec 9, 2020 9:38am
Quoting fxmasterdxb
{quote} Maybe drop to 1833-1820 zone and further push to 1889-1902 zone? I have been scalping selling gold today as obviously it needed a breather but been making $1-2 at a time, small risk with small profit
im taking my levels back, you are may be right.
im taking gold step by step, day by day.
anything can happen in covid days.
  • #564,615
  • Dec 9, 2020 9:46am Dec 9, 2020 9:46am
Anyone agree that the 900b stimulus the US are trying to get through is a great deal less than the market was pricing in ?
Que Sera
  • #564,616
  • Dec 9, 2020 9:49am Dec 9, 2020 9:49am
i think no more up. until we reach the level.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdm-h1-exness-technologies-ltd-2.png Size: 28 KB
  • #564,617
  • Dec 9, 2020 9:53am Dec 9, 2020 9:53am
Looks as though it broke up and is now coming back to 1.338 "progress". It seems happier in the original range.

That or it is going to test the breakout.
  • #564,618
  • Dec 9, 2020 9:55am Dec 9, 2020 9:55am
Attached Image (click to enlarge)
Click to Enlarge Name: gu3.png Size: 33 KB
yes yes yes
  • #564,619
  • Dec 9, 2020 9:56am Dec 9, 2020 9:56am
Quoting kk300
i think no more up. until we reach the level. {image}
Certainly looks like the trend is changing
Que Sera
  • #564,620
  • Dec 9, 2020 10:00am Dec 9, 2020 10:00am
Quoting Catempire
{quote} Certainly looks like the trend is changing
Lets see how it rolls..
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