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Cable Update (GBPUSD)

no !!!!
the return to 1.34000 is here
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don't try to tell the market where to go , let him tell you
Quoting pipfarm
{quote} You may have something there as the 15th onwards at the moment coincides with interest rate decisions and policy statements , however i am not sure if they have always been released around this time.
And to be honest, I had no idea about the interest rate decision as I don’t look an news or related. Anyway, let’s see how it all goes..

I expect some action soon
SS
End-Time Investor
ftse - looks like they are sellin this rally. so might be a positive for cable.
In tea leaves we trust!
Quoting Mcbeaners
ftse - looks like they are sellin this rally. so might be a positive for cable.
ftse seasonally is bullish this time around the year till april
Quoting giveachance
{quote} ftse seasonally is bullish this time around the year till april
sure, but i see they are selling this rally today. that is all that matters for moment.
In tea leaves we trust!
The squeeze on H1 .. You don’t want to be on the wrong side of this incoming BO..

Brace Up
End-Time Investor
hi fellas. my opinion
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Quoting giveachance
{quote} ftse seasonally is bullish this time around the year till april
Thank you for feeding my longs

can you sell more?
Make money by doing the opposite of Giveachance aka loser
trying to edging until 34..SL at BE now
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Quoting nessus94
{quote} Thank you for feeding my longs can you sell more?
just to rubbish people like you. these are trades for this month only.28.3% overall return
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Quoting giveachance
{quote} just to rubbish people like you. these are trades for this month only.28.3% overall return {image}
you were selling and have been stopped

and you deleted your post lol

no need to delete your post if you trade demo

it is ok
Make money by doing the opposite of Giveachance aka loser
Quoting nessus94
{quote} you were selling and have been stopped and you deleted your post lol no need to delete your post if you trade demo it is ok
i did sell and got stopped out. that does not make me wrong. i dont like making showoff like you. dont start fights here. you can make 10 wrong trades and make 2 big trades which will still make you profitable
Quoting emannnn
hi fellas. my opinion {image}
Interesting idea...
For the first time in a few weeks, I think a Brexit deal is more likely than not. Johnson had a perfect chance to declare no deal on Sunday and did not do it; probably he came to a conclusion that no deal will cost him more politically. Also, the rumours on movement re level playing field are encouraging. Both options are still in play though. From the fundamental perspective, I am therefore neither bullish nor bearish in the short term. (Bearish in longer term.) Also, FOMC and BOE meetings this week are important events that may determine direction for the next few days at least.

From the technical perspective, we are back in the familiar 1.328.-1.34 range, but I also note lower highs on daily: 1.354, then 1.348, then 1.344. This may be a concern for the bulls.
Quoting VM.
For the first time in a few weeks, I think a Brexit deal is more likely than not. Johnson had a perfect chance to declare no deal on Sunday and did not do it; probably he came to a conclusion that no deal will cost him more politically. Also, the rumours on movement re level playing field are encouraging. Both options are still in play though. From the fundamental perspective, I am therefore neither bullish nor bearish in the short term. (Bearish in longer term.) Also, FOMC and BOE meetings this week are important events that may determine direction...
soon welcome to the bull side
Make money by doing the opposite of Giveachance aka loser
Quoting nessus94
{quote} soon welcome to the bull side
Maybe, but only for a short period of time. Our economy will struggle mightily come 2021 deal or no deal.
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don't try to tell the market where to go , let him tell you
Quoting Lock
[...]All the price zone from GB Friday high 3290 to yesterday GB low 33805 is a gap. Inside this zone we have a double pass gap from 33325 to 3377 and a triple pass gap zone at 33675-3377 Currently price is below the triple pass zone 33675-3377: if this will be the situation at GB open we will see that zone morph into a 4 pass gap: and this is something that does not exist in my cable data history.
Quoting Lock
[...]As I wrote it could be always a first time, but it is extremely improbable that such an area will be left clean without filling during a GB session. It can also last for some time, but, at least in my opinion, it should not resist for a long period of time.[...]

Quoting Lock
[...]So one of the possibilities I have in mind is: GB manage somehow to clean the triple pass at 33675-3377, then Pit will try to fill the weekly gap down to 32555. It can be also the opposite
...
Quoting Lock
The gap upside from Friday GB high 3290 has been filled: we left upside a notable gap zone up to 3377-33805. We have two options here: continue lower in order to let Pit US fill its own double gap at 32555-3264 and tomorrow or next days GB will come back upside to eventually fill its own 4pass gap (up to 3377) or we can see now GB reverse upside to fill its own gap up to 3377-33805 and then, eventually wait for a new pit action downside today or next days to...
Quoting Lock
C can be an inside period. If so balance rules will apply. It can help us to understand if we eventually can reverse upside or continue lower. If upside 3377 is target. If downside , we can imagine to see pit open around 3250 or somewhere close to its pit double pass gap.
GB action stopped after the test of gap zone low 3290 and after some balance reverted and went upside toward 3377.

I consider this action a personal victory, not only a net profit. I think I've been the only one today to stress the importance of the gaps situation, their limits and the possible occurrences at any moment in time. And it's also a great pleasure for me to had the possibility to share with my loyal followers all the information that I've been able to get from this market.

From C period low failure to the top of current upside action there are 70 pips. We had a reason to place a long and we had a place to set our stops. Now, I already scaled out 3/4 of my position and nobody can affirm that 3377 will be taken out today. Is clearly a possibility, but considering the upcoming preUS and Pit sessions there's no shame to take what you get and wait.
Ubi maior minor cessat
Quoting VM.
{quote} Maybe, but only for a short period of time. Our economy will struggle mightily come 2021 deal or no deal.
I don't live in the UK but the pound likely to reach 1.50 come 2021..
Don't over think whatever Boris be doing ATM...
End-Time Investor
Quoting giveachance
{quote} just to rubbish people like you. these are trades for this month only.28.3% overall return {image}
1month is nothing
just show statistics for minimum 1year
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