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Cable Update (GBPUSD)

  • #567,701
  • Dec 22, 2020 7:55am Dec 22, 2020 7:55am
Quoting Moty
{quote} they are crooks , if they reverse just before the pivot line in the morning by 3 pips , and then move the price up 70 pips , and then drop it back to the pivot line . and btw , the trend is up {image} {image}
so is the trend still up moty??
  • #567,702
  • Dec 22, 2020 7:55am Dec 22, 2020 7:55am
15min
Attached Image
99.9% persistence
  • #567,703
  • Dec 22, 2020 7:55am Dec 22, 2020 7:55am
Quoting fxmasterdxb
{quote} So now it decides to go down im selling gold now, expecting it to tank
150 pips
  • #567,704
  • Dec 22, 2020 7:57am Dec 22, 2020 7:57am
Quoting Catempire
Is the market finally having a reality check?? getting with the program GBP ?? about bloody time. Hope so !! screw the money I’m more concerned about losing the bet and not posting.
Yep, realty is finally sinking in. Close below 1.33?
A fool and his money are easily parted
  • #567,705
  • Dec 22, 2020 7:57am Dec 22, 2020 7:57am
100 pip sell pocked. Another sell added
Damage
  • #567,706
  • Dec 22, 2020 7:58am Dec 22, 2020 7:58am
...current state of the 20/50/100 ema crosses as below.
Attached Image
Trader with an Edge.
  • #567,707
  • Dec 22, 2020 8:00am Dec 22, 2020 8:00am
Quoting fxmasterdxb
{quote} 150 pips
180 pips, closed @ 1862
  • #567,708
  • Dec 22, 2020 8:03am Dec 22, 2020 8:03am
Last warning to buyers. Otherwise, wipe out your account
Damage
  • #567,709
  • Dec 22, 2020 8:06am Dec 22, 2020 8:06am
Long @ 1.3320, SL 1.3295 TP open
  • #567,710
  • Dec 22, 2020 8:07am Dec 22, 2020 8:07am
Quoting MozzChops
{quote} Yep, realty is finally sinking in. Close below 1.33?
Don't mind as long as she goes to 1.22 before 1.37

Fundamentally falsely inflated market will only ever hold up for so long before people start cashing out.

5 trading days, U.K. economy has shot itself.

It will come.
Que Sera
  • #567,711
  • Dec 22, 2020 8:08am Dec 22, 2020 8:08am
she is my mine and am hers... shes just broken my favourite lines
Attached Image
99.9% persistence
  • #567,712
  • Dec 22, 2020 8:08am Dec 22, 2020 8:08am
Quoting abconqq7
Last warning to buyers. Otherwise, wipe out your account
liquidity is thin. so if we take out 1.33 we can break 3220 tomorrow or thursday
  • #567,713
  • Dec 22, 2020 8:09am Dec 22, 2020 8:09am
Quoting abconqq7
Last warning to buyers. Otherwise, wipe out your account

If I had £1 for every time that warning had been given here in the last few weeks, well - you know the rest. It might even be right one of these times?
---------------------------------------------------

Oh look there's a 61.8% fib reached. 1hr below.
Attached Image (click to enlarge)
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Trader with an Edge.
  • #567,714
  • Dec 22, 2020 8:10am Dec 22, 2020 8:10am
Attached Image (click to enlarge)
Click to Enlarge Name: GU.png Size: 122 KB

I strongly think that there will be a concluded brexit deal before Dec. 31. Bastards will dump GU prior moving it up. I see 1.322x and 1.277x as interesting area to buy.
  • #567,715
  • Dec 22, 2020 8:12am Dec 22, 2020 8:12am
Quoting nessus94
{quote} you should know when to abandon the ship instead of blowing up accounts over accounts you have good trades turning into disasters
That's why I started ignoring him, so I don't have stupid ideas looking at his posts to do the same...
WT
  • #567,716
  • Dec 22, 2020 8:15am Dec 22, 2020 8:15am
i have the grail....and shes going down whether you like it or not
unless if this candle fails to close below
Attached Image (click to enlarge)
Click to Enlarge Name: image_2020-12-22_081449.png Size: 10 KB
99.9% persistence
  • #567,717
  • Dec 22, 2020 8:18am Dec 22, 2020 8:18am
https://www.consilium.europa.eu/en/p...o-deal-brexit/
WT
  • #567,718
  • Dec 22, 2020 8:20am Dec 22, 2020 8:20am
Quoting Maximumheigh
Good Morning friends. I have been away for some time but monitoring the group. Been abit busy. I think price still need 1.315x and 1.3100. I am on the bear side today. IMO
Offloaded my shorts now. 1.315x still on site. IMO
  • #567,719
  • Dec 22, 2020 8:21am Dec 22, 2020 8:21am
we got rejected but
Attached Image (click to enlarge)
Click to Enlarge Name: image_2020-12-22_081955.png Size: 21 KB
99.9% persistence
  • #567,720
  • Dec 22, 2020 8:26am Dec 22, 2020 8:26am
Quoting fxmasterdxb
Long @ 1.3320, SL 1.3295 TP open
SL @ BE, targeting new highs
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