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Cable Update (GBPUSD)

  • #566,681
  • Dec 18, 2020 3:51am Dec 18, 2020 3:51am
Follow up to last post: Price decided to go and test yesterday low. We are approaching a nice demand confluence zone (Yesterday low + demand line of downtrend channel). Would like to see a spring with high volume, then no supply bars after it, for long. IF price penetrates and closes below yesterday low, probably it is gonna test the 2 day low.

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  • #566,682
  • Dec 18, 2020 3:52am Dec 18, 2020 3:52am
Quoting Moty
yesterday i promised red candle , it came today , better late then never {image} {image}
When we align Moty, you make money
A fool and his money are easily parted
  • #566,683
  • Dec 18, 2020 3:53am Dec 18, 2020 3:53am
... 8 consecutive 5min bearish bodied candle closes now.
Trader with an Edge.
  • #566,684
  • Dec 18, 2020 3:55am Dec 18, 2020 3:55am
EU barrier says a few hours left to close a deal.

boris says deal most unlikely.

7 trading days left till U.K. leaves the EU, deal or No deal.
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Que Sera
  • #566,685
  • Dec 18, 2020 3:56am Dec 18, 2020 3:56am
upd: one more long SM added at 3491 inside the old bullish zone
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Always Defend your investment 1775
  • #566,686
  • Dec 18, 2020 3:57am Dec 18, 2020 3:57am
Quoting Headland
... 8 consecutive 5min bearish bodied candle closes now.

Still in the first swing of the correction, most probably Jaybag's friend spike lee will wipe out all the shorts with the b of the abc, geppy already wiped out the shorts from the first swing down
Follow The Markets Structure - Patience and Discipline
  • #566,687
  • Dec 18, 2020 4:00am Dec 18, 2020 4:00am
Quoting Catempire
EU barrier says a few hours left to close a deal. boris says deal most unlikely. 7 trading days left till U.K. leaves the EU, deal or No deal. {image}
Lol, Welcome back -that about sums it up !
-------------------------------------------

3 fib cluster @ the current lo - 2 shown on 4hr below. 1hr bearish engulf close. zone to wed's 3450 p/back lo the next downside obstacle on 1hr/4hr.
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Trader with an Edge.
  • #566,688
  • Dec 18, 2020 4:02am Dec 18, 2020 4:02am
looks like the whole thread is long except for me and Moty. Moty means fat and also means she is a girl. Not sure why you guys call her "he". lol
  • #566,689
  • Dec 18, 2020 4:03am Dec 18, 2020 4:03am
Have you ever seen an airplane pilot be good at what he does on a demonstration plane? of course not ... the same goes for a trader on a demo account. Hey in the demo account people don't miss anything and make many mistakes, you are not afraid and fear is essential to our survival.
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  • #566,690
  • Dec 18, 2020 4:12am Dec 18, 2020 4:12am
Quoting miedpreneur
{quote} haha yupz.. but opportunity to OP always came and go.. i'll search again another spot.. it will come and i will see it when it come
lol.. im glad im missed buy and change to sell..
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Trade what you see, not what you think.. react and stay sharp..
  • #566,691
  • Dec 18, 2020 4:12am Dec 18, 2020 4:12am
Quoting giveachance
looks like the whole thread is long except for me and Moty. Moty means fat and also means she is a girl. Not sure why you guys call her "he". lol
does it mean you are right and all longs are wrong?
Make money by doing the opposite of Giveachance aka loser
  • #566,692
  • Dec 18, 2020 4:16am Dec 18, 2020 4:16am
Quoting fxmasterdxb
We should get minimum to 1.3495, maybe a push higher from there? Lets see
1.3495 is reached, it seems it will be a short lived push, will consider selling between 1.3520-1.3530
  • #566,693
  • Dec 18, 2020 4:18am Dec 18, 2020 4:18am
Quoting miedpreneur
{quote} lol.. im glad im missed buy and change to sell.. {image}
to get some good money it MAY be late to short - I saw sellers at 3620 and 3614 - may be missed some yesterday evening, people also need have rest, but as for NOW I see only buyers, hope you saw my previous posts
Always Defend your investment 1775
  • #566,694
  • Dec 18, 2020 4:18am Dec 18, 2020 4:18am
Quoting Marcieny
Have you ever seen an airplane pilot be good at what he does on a demonstration plane? of course not ... the same goes for a trader on a demo account. Hey in the demo account people don't miss anything and make many mistakes, you are not afraid and fear is essential to our survival. {image}
Can you check incoming messages?
rookie trader. 1 year fx trading experience.
  • #566,695
  • Dec 18, 2020 4:26am Dec 18, 2020 4:26am
Quoting Hunterrus84
{quote} to get some good money it MAY be late to short - I saw sellers at 3620 and 3614 - may be missed some yesterday evening, people also need have rest, but as for NOW I see only buyers, hope you saw my previous posts
yes i know we still on the buyer zone in my chart.. but i call it zone is not for nothing... i can wait till 1.348 last line of my buyer zone.. if break again then i hold my sell off.. and can you see my sell is protected by trailing stop so it risk free trade.. if suddenly move back i wont be loss anything.. and maybe i came with huge buy.. if i see it ofc..
Trade what you see, not what you think.. react and stay sharp..
  • #566,696
  • Dec 18, 2020 4:27am Dec 18, 2020 4:27am
Quoting miedpreneur
{quote} yes i know we still on the buyer zone in my chart.. but i call it zone is not for nothing... i can wait till 1.348 last line of my buyer zone.. if break again then i hold my sell off.. and can you see my sell is protected by trailing stop so it risk free trade.. if suddenly move back i wont be loss anything.. and maybe i came with huge buy.. if i see it ofc..
=)) good!!! let's see
Always Defend your investment 1775
  • #566,697
  • Dec 18, 2020 4:28am Dec 18, 2020 4:28am
Quoting bureuk
{quote} Can you check incoming messages?
Sometimes it is difficult to come to the ff but I always answer all messages when I come here.
  • #566,698
  • Dec 18, 2020 4:31am Dec 18, 2020 4:31am
Quoting Marcieny
Have you ever seen an airplane pilot be good at what he does on a demonstration plane? of course not ... the same goes for a trader on a demo account. Hey in the demo account people don't miss anything and make many mistakes, you are not afraid and fear is essential to our survival. {image}

I didnīt want to say "duh", but duh yeah... Actually pilots spend thousands of hours in flight simulators.
  • #566,699
  • Dec 18, 2020 4:33am Dec 18, 2020 4:33am
Quoting Gauer
{quote} I didnīt want to say "duh", but duh yeah... Actually pilots spend thousands of hours in flight simulators.
But where do they really learn?
  • #566,700
  • Dec 18, 2020 4:33am Dec 18, 2020 4:33am
...price found supp @ that 3 fib cluster in that deep prev dly/wkly sw hi zone = prev res = pot rbs that likely extends down to 3450. It's been a pretty orderly move down on 1hr after y/day's double top at the prev 1hr sw hi zone established to 3624, ie p/backs to prev supp becoming res, (sbr.) 1hr below.
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