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Cable Update (GBPUSD)

  • #565,341
  • Dec 13, 2020 4:00pm Dec 13, 2020 4:00pm
Cable flying, nice
  • #565,342
  • Dec 13, 2020 4:04pm Dec 13, 2020 4:04pm
  •  Rgkc
  • | Joined Dec 2010 | Status: Never stop learning about forex! | 419 Posts
Amazing Gap
Studing..............
  • #565,343
  • Dec 13, 2020 4:05pm Dec 13, 2020 4:05pm
  •  Rgkc
  • | Joined Dec 2010 | Status: Never stop learning about forex! | 419 Posts
Quoting KeenPips
If you are tracking the GBPUSD this week, consider this technical perspective from a swing trader. Price action on the GBPUSD daily time frame is operating within an inner rising channel (purple) in the context of a bigger rising channel (blue), seen on the weekly time frame. Presently, price action is disposed negatively within the inner rising channel. The bearish candlestick printed last week Friday pierced the channel support trendline before retracing a bit northward. Nevertheless, recent technical impulse favours bears and we may see a bearish...
The same view here
Studing..............
  • #565,344
  • Dec 13, 2020 4:12pm Dec 13, 2020 4:12pm
short from the open keeping it small will add higher
Attached Image (click to enlarge)
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  • #565,345
  • Dec 13, 2020 4:19pm Dec 13, 2020 4:19pm
The way i see it, we are heading to 1.3373-1.34 zone and then to 1.33 to 1.3260 zone
from there it will really depend on brexit news
Like i said earlier, im out of the pair, might consider a small short if we get to 1.3395
  • #565,346
  • Dec 13, 2020 4:19pm Dec 13, 2020 4:19pm
Quoting Rgkc
Amazing Gap
This is because Boris did not keep his promise ... Boris Johnson will not ask for extension to Brexit transition period (telegraph.co.uk)
  • #565,347
  • Dec 13, 2020 4:23pm Dec 13, 2020 4:23pm
Mate, it is better that you post your analysis directly on this thread so as to encourage other traders here and make it easy for engagement within this thread.

Stay safe, trade safe and prosper.

KP

Quoting Rgkc
{quote} The same view here
Do your homework, follow the footprints of smart money
  • #565,348
  • Dec 13, 2020 4:24pm Dec 13, 2020 4:24pm
Given that the dollar is bearish, there's possibility that gbp will continue higher imo
  • #565,349
  • Dec 13, 2020 4:34pm Dec 13, 2020 4:34pm
  •  Rgkc
  • | Joined Dec 2010 | Status: Never stop learning about forex! | 419 Posts
But the gap was across several currencies.
In my humble opinion, this week we are going to have a big dollar purchase.
However, we must always be safe, as the end of the year is coming and the market acts as if it were Friday.
I just want it to move up or down. I don't follow big moves. My deal is 20 pips at a time.
For this pair, my trade will be short arround 134/5.
Greetings from Portugal and wishes for a great green week for everyone
Studing..............
  • #565,350
  • Dec 13, 2020 5:05pm Dec 13, 2020 5:05pm
My last trade of the year....
Scary
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot at Dec 13 23-02-51.png Size: 22 KB

My last post also
Cheers.

Am out
Le$$ I$ More
  • #565,351
  • Dec 13, 2020 5:33pm Dec 13, 2020 5:33pm
Quoting kk300
{image}
Nice one.
  • #565,352
  • Dec 13, 2020 5:35pm Dec 13, 2020 5:35pm
Quoting Roszey
My last trade of the year.... Scary {image} My last post also Cheers. Am out
Congratulations on a very good trade and a very good year (I suppose)!
Have a nice holiday!
  • #565,353
  • Dec 13, 2020 6:36pm Dec 13, 2020 6:36pm
Quoting Roszey
My last trade of the year.... Scary {image} My last post also Cheers. Am out
Congratulation well done ...Have good holidays you earned it..
  • #565,354
  • Dec 13, 2020 6:47pm Dec 13, 2020 6:47pm
Quoting Roszey
My last trade of the year.... Scary {image} My last post also Cheers. Am out
Congratulation Roszey...
would you mind to share this indicator ?

SU
  • #565,355
  • Dec 13, 2020 7:56pm Dec 13, 2020 7:56pm
Attached Image (click to enlarge)
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Attached Image (click to enlarge)
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yes yes yes
  • #565,356
  • Dec 13, 2020 9:31pm Dec 13, 2020 9:31pm
really wanna take long position but i'm not comfortable with this huge gap.. so i will wait till this gap close or half close then go long again..
so i search for short until that freakin gap close...
Trade what you see, not what you think.. react and stay sharp..
  • #565,357
  • Dec 13, 2020 10:36pm Dec 13, 2020 10:36pm
i am trying short with target half close gap.....
Extreme gut feeling trader
  • #565,358
  • Dec 13, 2020 10:42pm Dec 13, 2020 10:42pm
Quoting montygoldy
i am trying short with target half close gap.....
Could be, actually cable is showing some weakness now, for me i will stand a side waiting for a clear signal
  • #565,359
  • Dec 13, 2020 10:45pm Dec 13, 2020 10:45pm
Quoting montygoldy
i am trying short with target half close gap.....
same here..
Trade what you see, not what you think.. react and stay sharp..
  • #565,360
  • Dec 13, 2020 10:52pm Dec 13, 2020 10:52pm
Quoting montygoldy
i am trying short with target half close gap.....
With good MM its a worthwhile trade.
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