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Cable Update (GBPUSD)

  • #566,601
  • Dec 17, 2020 10:36pm Dec 17, 2020 10:36pm
Quoting KiwiTrada
{quote} 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!!!
did touch 3519 and bounced from pivot
  • #566,602
  • Dec 17, 2020 10:42pm Dec 17, 2020 10:42pm
Get i get 1.35000 before fo ?
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yes yes yes
  • #566,603
  • Dec 17, 2020 11:02pm Dec 17, 2020 11:02pm
Quoting giveachance
{quote} did touch 3519 and bounced from pivot
yep, just minor supports im more interested in the usd appreciation, across the board au cable nu eu cad, swissy still laboring, my problem with my geppy trade is usd is kicking yen which is causing geppy to flutter about going nowhere :-(
If you are new to Forex? Say Goodbye to your account!!
  • #566,604
  • Dec 17, 2020 11:05pm Dec 17, 2020 11:05pm
Quoting giveachance
{quote} did touch 3519 and bounced from pivot
4hrly is triple top, daily double top (not ideal pattern) @ resistance, time will tell!!
If you are new to Forex? Say Goodbye to your account!!
  • #566,605
  • Dec 17, 2020 11:08pm Dec 17, 2020 11:08pm
Quoting KiwiTrada
{quote} 4hrly is triple top, daily double top (not ideal pattern) @ resistance, time will tell!!
yen has bounced but bounce looks weak. lets see it has to take out 103.85 and then 104.50 to be anywhere close to bullish. i am short dragon as well
  • #566,606
  • Edited 11:43pm Dec 17, 2020 11:25pm | Edited 11:43pm
congrats to anyone who sell from last high.. now we nearly touch 23.6 fibo level from last high.. must break this level to continues down move.. if hold we may see another up move.. im closed short already and watch for now.. waiting for another confirmation

1.35000 can give a clue which way GU take.. up or down..
Trade what you see, not what you think.. react and stay sharp..
  • #566,607
  • Dec 18, 2020 12:13am Dec 18, 2020 12:13am
GU

Newbie scalping

This is not a trade signal but for educational purposes only.
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  • #566,608
  • Dec 18, 2020 12:28am Dec 18, 2020 12:28am
When price is above the band, take long
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yes yes yes
  • #566,609
  • Dec 18, 2020 12:29am Dec 18, 2020 12:29am
Quoting cmk
{quote} How old are you?
Someone said he’s 77 and also a prominent member of the MM
  • #566,610
  • Dec 18, 2020 12:32am Dec 18, 2020 12:32am
Good morning traders,

I think I had a bit too much to drink yesterday.. Who knows, I just may take over Spike Lee’s Job for the day..

No intention to piss the bears off, I am calling for 1.37 today if things goes smooth as I expect.

I am always wrong in picking tops and bottom btw..
Let’s see how it goes Gang..

Stay Safe
  • #566,611
  • Dec 18, 2020 12:35am Dec 18, 2020 12:35am
Quoting TerpFan2
Test message... Check "Apparently", I cannot "Like" any thread, or give thumbs up to people. Am i in Forex Factory (Jail)... ? Somebody know why this occurs? Just curious gang, Jeff
I wonder what’s wrong.. Hope it comes correct
  • #566,612
  • Dec 18, 2020 12:36am Dec 18, 2020 12:36am
Hello fellows, as we can see old smart high prices + new ones gave some result to go 100+ pips down BUT it is not the reason to think market reversed already and we can easily to earn money with a falling ROCK, today can be a day when a lot of SHORTING SM will add, or the week can close with a new high, as for me I expect new SM for shorts and new highs, And remember SM always divide their money to get into the market, no trades so far
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Always Defend your investment 1775
  • #566,613
  • Dec 18, 2020 12:50am Dec 18, 2020 12:50am
I expect sell entries at 1.3566

Trade safe everyone!
  • #566,614
  • Dec 18, 2020 12:52am Dec 18, 2020 12:52am
Quoting Sang.Real
GU Newbie scalping This is not a trade signal but for educational purposes only. {image}
GU

Newbie done scalping pre- London.

Wait for price to pull-back a bit before continue to BUY at L.O.
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  • #566,615
  • Dec 18, 2020 12:56am Dec 18, 2020 12:56am
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took long dax for 110 points
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yes yes yes
  • #566,616
  • Dec 18, 2020 1:06am Dec 18, 2020 1:06am
Since I have a hairy chest, I will start calling myself Furbie.....
Lost....
  • #566,617
  • Dec 18, 2020 1:12am Dec 18, 2020 1:12am
Ok gang,

I am the new Lee for the day.. You can call me 'Jay Lee'

How fast do you want me to go? I am here to serve the thread
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  • #566,618
  • Dec 18, 2020 1:26am Dec 18, 2020 1:26am
Looks to me like another "buy the dip" day
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Compulsions can be hard to resist
  • #566,619
  • Dec 18, 2020 1:27am Dec 18, 2020 1:27am
Quoting Georginson
Year 2020: Low 1.1408 Year 2020: High 1.3586* Range so far = 2178 pips December 2020: Low 1.3134 December 2020: High 1.3586* Range so far = 452 pips This Week: Low : 1.3280 This Week: High : 1.3586* Range so far = 306 pips... Yearly and Weekly shows extreme overbought levels due for reversal between 500 - 800 pips... Monthly still has possible space of 100 - 150 more to break either Current high or low. Though current price trades dangerously close to breaking further high but my verdict is that the lower part of the range will get broken in days...
First target attack 1.3230

Second target attack 1.3060 in days ahead.
Data + Stat + Risk/Emotions Management
  • #566,620
  • Dec 18, 2020 1:35am Dec 18, 2020 1:35am
Quoting trumps
There are far too many traders and lots short GBPUSD https://www.forexfactory.com/trades
Too many bears still.
Compulsions can be hard to resist
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