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Cable Update (GBPUSD)

  • #567,181
  • Dec 21, 2020 4:01am Dec 21, 2020 4:01am
Quoting Waveskierrob
{quote} I believe (not know) that people spend too much time and effort on direction rather than money management
yes on a 300 pip down day protect ur account.
  • #567,182
  • Dec 21, 2020 4:02am Dec 21, 2020 4:02am
Tables have turned for lots in Cable (more buyers) and new Covid-19 mutation (just my opinion regarding for Cable)
More ups than downs
  • #567,183
  • Dec 21, 2020 4:04am Dec 21, 2020 4:04am
Quoting KiwiTrada
{quote} not to brag friday I defended geppy 140 00 cable 1 3600 au 76c kiwi 71c today gold 1900 silver 27 000 cad 127 00 swissy 8850 eu todays open, this got stopped by that shit spike last hr, (bitch almost retraced as typing) so yes pretty dam happy at the moment
be careful buddy. they can make it a 400 pip fall day. 3220 is not defended well
  • #567,184
  • Dec 21, 2020 4:05am Dec 21, 2020 4:05am
Quoting Arief-
Long 1.325 --- SL 1.322 --- TP 1.348 {image}
stopout @1.322 --- 1.3235 invalid
  • #567,185
  • Dec 21, 2020 4:05am Dec 21, 2020 4:05am
And here's another benefit of Brexit for all the Brexit lovers here.

When something bad is happening in the UK, EU countries have no hesitation in closing their borders, and the rest of the world gladly follows suit. I wonder if US will ban UK travelling, that would be a cherry on the cake. After all, what UK has become after Brexit? Just a small country, with no real influence whatsoever. And it will be dealt with as such.

The longer you continue to live in your fantasy land of "world-beating" UK, the more beating the UK will take from the world.
  • #567,186
  • Dec 21, 2020 4:05am Dec 21, 2020 4:05am
lol.. as one person on this forum follows this. you can blindly short now as per his logic
Attached Image
  • #567,187
  • Dec 21, 2020 4:06am Dec 21, 2020 4:06am
G/M, quite a move - 76.8% 3107-3624 at current dly lo...mthly pivot and 88.6% of 3134-3624 below here @ 3191/90 then that prev 4hr/dly/wkly sw lo = prev supp=pot supp down to 3134, 4 x fibs in it @ 3190, 3163, 3149, 3148. dly below.

Price is beyond the 200% downside extension of fri's dly range/candle and @ 347% of 30 day adr, and 95% of 13 week awr already.

Hope everyone has done alright out of it.
Attached Image (click to enlarge)
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Trader with an Edge.
  • #567,188
  • Dec 21, 2020 4:08am Dec 21, 2020 4:08am
Quoting VM.
And here's another benefit of Brexit for all the Brexit lovers here. When something bad is happening in the UK, EU countries have no hesitation in closing their borders, and the rest of the world gladly follows suit. I wonder if US will ban UK travelling, that would be a cherry on the cake. After all, what UK has become after Brexit? Just a small country, with no real influence whatsoever. And it will be dealt with as such. The longer you continue to live in your fantasy land of "world-beating" UK, the more beating the UK will take from the world....
Undoubtedly- brexiteers are trippers living in fantasy land, even some hard core brexiteers wanking off over fish will come to realise what a mistake this is.
Que Sera
  • #567,189
  • Dec 21, 2020 4:11am Dec 21, 2020 4:11am
A good % of this move is the COVID mutation rather than Brexit which was priced in.
  • #567,190
  • Dec 21, 2020 4:12am Dec 21, 2020 4:12am
  •  Rgkc
  • | Joined Dec 2010 | Status: Never stop learning about forex! | 419 Posts
Good morning..
WTF its this? Everyone wants dolars now for Christmas?
looooooooool
Studing..............
  • #567,191
  • Dec 21, 2020 4:12am Dec 21, 2020 4:12am
Quoting shahab8b
I see a possible double top formation on H1. Levels to watch for a possible long trade on the chart. The setup for the short trade @ 1.2625 was posted here https://www.forexfactory.com/thread/...4#post13317644 {image}
GU short trade. It all started with a small double top pattern on H1. I am expecting a bounce off the confluence zone between 1.31-1.3150. On the upside, 1.34 and 1.35 can provide short opportunities.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDDaily 12 21.png Size: 39 KB
  • #567,192
  • Dec 21, 2020 4:15am Dec 21, 2020 4:15am
GU nearing crucial support @1.3190, a base below and we're going to 1.3125-40

A retrace will be held around 1.33
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #567,193
  • Dec 21, 2020 4:19am Dec 21, 2020 4:19am
Quoting giveachance
{quote} be careful buddy. they can make it a 400 pip fall day. 3220 is not defended well
am always careful, not sure what you mean by 3220ish gap closure etc, I trade psych levels so 3200 will be my marker for now, shit she heading there as typing, am short from friday 2 lots from 3600 trailing so Im fine thanks
If you are new to Forex? Say Goodbye to your account!!
  • #567,194
  • Dec 21, 2020 4:21am Dec 21, 2020 4:21am
Quoting Catempire
{quote} Undoubtedly- brexiteers are trippers living in fantasy land, even some hard core brexiteers wanking off over fish will come to realise what a mistake this is.
When healthy middle-aged people with good education are on the street not able to find a job -- any job, with children hungry at home, and pensioners are not able to pay for their living, they will start to suspect something. Still some way to go until then, but it will come. And I have no joy in saying this, in fact, I am terrified as to what will unfold in the next few years.
  • #567,195
  • Dec 21, 2020 4:22am Dec 21, 2020 4:22am
Quoting OnlineAddict
{quote} No, there will still be talks, possible extensions...EU won't let this go easy...they are desperate and broke.
Not a bad trade huh
  • #567,196
  • Dec 21, 2020 4:25am Dec 21, 2020 4:25am
Quoting Torzone
{quote} Not a bad trade huh
help me god,
when the price is up
Attached Image (click to enlarge)
Click to Enlarge Name: WhatsApp Image 2020-12-21 at 17.24.07.jpeg Size: 61 KB
  • #567,197
  • Dec 21, 2020 4:26am Dec 21, 2020 4:26am
... 3191/90 = mthly pivot/88.6% 3134-3624....then zone to prev 4hr/dly/wkly sw hi zone to 3134 with 3163 = 88.6% 3107-3624, then 3149/48 = 50% 2675-3624/61.8% 2854-3624. Wly s2 @/around 3132.

20/50/100 ema crosses currently as below.
Attached Image
Trader with an Edge.
  • #567,198
  • Dec 21, 2020 4:26am Dec 21, 2020 4:26am
Quoting Torzone
{quote} Not a bad trade huh
Still waiting for 2900. This is not over yet...
Everyone can see the chart, but only a few can actually read it.
  • #567,199
  • Dec 21, 2020 4:27am Dec 21, 2020 4:27am
  •  Rgkc
  • | Joined Dec 2010 | Status: Never stop learning about forex! | 419 Posts
Quoting dachun
{quote} help me god, when the price is up {image}
Studing..............
  • #567,200
  • Dec 21, 2020 4:27am Dec 21, 2020 4:27am
Quoting dachun
{quote} help me god, when the price is up {image}
are u serious 38.4 lots?? even if it coils up 3377 is the limit. it cannot go back to 3600 now. just checked you should be fine as long as 3170 is defended
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