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Cable Update (GBPUSD)

  • #566,581
  • Dec 17, 2020 6:44pm Dec 17, 2020 6:44pm
Attached Image
Le$$ I$ More
  • #566,582
  • Dec 17, 2020 6:50pm Dec 17, 2020 6:50pm
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yes yes yes
  • #566,583
  • Dec 17, 2020 6:50pm Dec 17, 2020 6:50pm
Maybe
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Le$$ I$ More
  • #566,584
  • Dec 17, 2020 7:01pm Dec 17, 2020 7:01pm
bulls feeling right now.

Inserted Video
  • #566,585
  • Edited 7:14pm Dec 17, 2020 7:01pm | Edited 7:14pm
Quoting Sang.Real
{quote} Hi all. This is newbie analysis. Everyone are welcome to express view or/and comments. I appreciate that. Now waiting for price to break minor support to reach target (TP). Patient is important in trading. No way to get rich quick in trading, it's always slow and steady. Cheers {image}

GU.

Arriving target.

Thanks to Moty for the Hammer Time.

Good morning to all and trade well.

Newbie
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  • #566,586
  • Dec 17, 2020 7:07pm Dec 17, 2020 7:07pm
Bears feeling right now

Inserted Video
  • #566,587
  • Dec 17, 2020 7:12pm Dec 17, 2020 7:12pm
Quoting pipfarm
{quote} From the 15 minute perspective there is nothing to suggest this will go down ,the current swing looks corrective , why do you want to trade a correction ? The nearest larger degree old resistance now becomes support you have at 3554 within the larger degree current swing there is also an old resistance becomes support at 3539. imho there is no technical reason to short,, that is not to say it will not go down but from a t/a perspective it would not be a high confidence trade more of a lucky hit that will convince you that is the way to trade...

Hi PipFarm,

Thanks for the great advice.

You're really a professional trader.

I'm Newbie, will work harder to become great trader like you in 10 years.

Thanks again
  • #566,588
  • Dec 17, 2020 7:17pm Dec 17, 2020 7:17pm
Quoting Sang.Real
{quote} Hi PipFarm, Thanks for the great advice. You're really a professional trader. I'm Newbie, will work harder to become great trader like you in 10 years. Thanks again
could you stop saying l'm Newbie?
even better than mama
  • #566,589
  • Dec 17, 2020 7:17pm Dec 17, 2020 7:17pm
Quoting Roszey
{image}

Wow great traders !



Do you have Trade Explorer., so newbie like me can learn your trade entry.

Showing results and profit doesn't help me to understand the trade technically.

I hope you can open Trade Explorer here in FF and share us you success secret.

Thank You

From your Newbie

Sang Real
  • #566,590
  • Dec 17, 2020 7:20pm Dec 17, 2020 7:20pm

Compulsions can be hard to resist
  • #566,591
  • Dec 17, 2020 7:33pm Dec 17, 2020 7:33pm
1.3519. make or break level. watch the time it spends along those pivot levels.might spend some time around 3520 and then drop again
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  • #566,592
  • Dec 17, 2020 7:36pm Dec 17, 2020 7:36pm
Quoting harve
{quote} could you stop saying l'm Newbie?
Hi Harve.

I can't do that coz I do not want to misrepresents myself as experience or professional trader.

I got to be honest and do not want to mislead people in FF.

Too many people are trying to scam other by dishonestly misrepresent themselves as profession just for schemes financial gains.

I hope you understand

Sincerely you Newbie

P/s I'm the only Newbie in this thread. The rest are experience traders and professional traders.
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  • #566,593
  • Dec 17, 2020 7:41pm Dec 17, 2020 7:41pm
i see 1.3510 slow but sure 1.3460 and 1.3350
  • #566,594
  • Dec 17, 2020 7:42pm Dec 17, 2020 7:42pm
Quoting Sang.Real
{quote} Wow great traders ! Do you have Trade Explorer., so newbie like me can learn your trade entry. Showing results and profit doesn't help me to understand the trade technically. I hope you can open Trade Explorer here in FF and share us you success secret. Thank You From your Newbie Sang Real
i am not here to impress anyone.

Just ignore me.

Besides I am done posting here.

Join
https://www.forexfactory.com/thread/...?goto=lastpost
Le$$ I$ More
  • #566,595
  • Edited 8:03pm Dec 17, 2020 7:51pm | Edited 8:03pm
Quoting giveachance
1.3519. make or break level. watch the time it spends along those pivot levels.might spend some time around 3520 and then drop again {image}

Hi giveachance


I'm Newbie trying learn to analyze chart like you.

You're saying, price will hoover around 1.3520 and drop.

Is it base on price structure , supports/ resistant., Supply/Demand theory?. Share us your reasoning to short .

Please teach me. Because all i can see price will go NORTH from here. Here is my H1 Chart showing price structure , S&R level

Thanks

Sincerely You Newbie

Sang Real

P/s I add chart late. FF having problem with attaching chart at the moment
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  • #566,596
  • Dec 17, 2020 7:56pm Dec 17, 2020 7:56pm
Quoting Sang.Real
{quote} Hi giveachance I'm Newbie trying learn to analyze chart like you. You're saying, price will hoover around 1.3520 and drop. Is it base on price structure , supports/ resistant., Supply/Demand theory?. Share us your reasoning to short . Please teach me. Because all i can see price will go NORTH from here. Here is my H1 Chart showing price structure , S&R level Thanks Sincerely You Newbie Sang Real P/s I add chart late. FF having problem with attaching chart at the moment
np it is good to make mistakes in the beginning. yes price will hover around 3519 given ferocity of the rally. depending on what they think price will drop from 3519 or again rise back to 3576. my bias is short because this rally may be related to positioning
  • #566,597
  • Dec 17, 2020 8:03pm Dec 17, 2020 8:03pm
Quoting Roszey
{quote} i am not here to impress anyone. Just ignore me. Besides I am done posting here. Join https://www.forexfactory.com/thread/...?goto=lastpost

Hi Roszey.

My apology for whatever I wrote that offended you.

I am Newbie trying learn how professional and successful trader like you trade.

By having trade explorer ,really help me to track you entry and exit.

I not asking much from you, just to learn.

Please stay, I promise I will not write questioning your professionalism.

As Newbie, I think I better shut up and just read along other people posting.

Please keep on posting, I hope to learn from you.

Sincerely Newbie
  • #566,598
  • Dec 17, 2020 8:07pm Dec 17, 2020 8:07pm
Quoting giveachance
{quote} np it is good to make mistakes in the beginning. yes price will hover around 3519 given ferocity of the rally. depending on what they think price will drop from 3519 or again rise back to 3576. my bias is short because this rally may be related to positioning

Thanks Bro.

For understanding Newbie like me, asking stupid question to you.

My trade result still in red and hope to make progress towards green with helps from all members in this thread.

I hope I didn't offend you in anyway by having opposite view on GU ( North/South)

Sincerely Newbie
  • #566,599
  • Dec 17, 2020 8:10pm Dec 17, 2020 8:10pm
Quoting giveachance
{quote} np it is good to make mistakes in the beginning. yes price will hover around 3519 given ferocity of the rally. depending on what they think price will drop from 3519 or again rise back to 3576. my bias is short because this rally may be related to positioning
I agree mate, monthly weekly still bullish, daily and under leaning to pull back, 1 3531 is minor support, if it goes she should continue pulling back, 1 35 is going to be tough for bears to crack now, the longer it stays above the tougher it will become, time will tell, usd showing strength across the boards, not enough to get too excited about, patience is a critical virtue!!!
If you are new to Forex? Say Goodbye to your account!!
  • #566,600
  • Dec 17, 2020 8:13pm Dec 17, 2020 8:13pm
Attached Image (click to enlarge)
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already 500 pips up within last 5 days,

daily it will not make new yearly high price, already 1.36 too much for gbpusd

500 sma in 5 min chart showing down,

today guaranteed down movement towards price 1.34750, if break thn down towards price 1.33700 may be monday
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