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Cable Update (GBPUSD)

  • #568,181
  • Dec 23, 2020 12:07pm Dec 23, 2020 12:07pm
Bear still hungry, going down to 1.00000, everyone on the bear train choo choo
  • #568,182
  • Dec 23, 2020 12:15pm Dec 23, 2020 12:15pm
Quoting Waveskierrob
Bear still hungry, going down to 1.00000, everyone on the bear train choo choo
  • #568,183
  • Dec 23, 2020 12:16pm Dec 23, 2020 12:16pm
I'm short as everyone knows


No I don't care about fake news


Soooo

All lies about Brexit deaaaal and it's barely 95 pips up from the "average lying price"

Patent pending



Soooo
Beware of robber banks (RB), bad advisors.
  • #568,184
  • Dec 23, 2020 12:17pm Dec 23, 2020 12:17pm
...

Soooo


If great news can lift that pound only 95 what will bad news do
Beware of robber banks (RB), bad advisors.
  • #568,185
  • Dec 23, 2020 12:22pm Dec 23, 2020 12:22pm
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yes yes yes
  • #568,186
  • Dec 23, 2020 12:24pm Dec 23, 2020 12:24pm
Quoting Moty
{image}{image}
Right attachment.php (1920×1080) (forexfactory.com)
Always Defend your investment 1775
  • #568,187
  • Dec 23, 2020 12:54pm Dec 23, 2020 12:54pm
[quote=Not-KPMG;13328379]I'm short as everyone knows No I don't care about fake news Soooo All lies about Brexit deaaaal and it's barely 95 pips up from the "average lying price" Patent pending


Did u read the news?
  • #568,188
  • Dec 23, 2020 1:07pm Dec 23, 2020 1:07pm
..rumours of an announcement tonight persist ?

Pullback found support at the fibs shown on 1hr below in that prev 1hr/4hr sw hi = prev res = pot rbs zone that began @ 3500...
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Trader with an Edge.
  • #568,189
  • Dec 23, 2020 1:13pm Dec 23, 2020 1:13pm
consider this:
35% of all US dollars ever printed were printed in the last 10 months.
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in wondering about yourself, you forgot what you came here to be part of
  • #568,190
  • Dec 23, 2020 1:17pm Dec 23, 2020 1:17pm
Remember - it was essentially a 'rumour' that lifted price, not the real thing. I think the greater probability is that should a deal be announced tonight or tomorrow, price will spike up to whatsoever price and for howsoever long, no one knows, and we have very little to nothing to compare it to historically so it remains very difficult to pre-judge. All we know is that a 'relief rally/market reaction' after a period of extended uncertainty / pessimism about the result can be 'over-exaggerated. Ie we have seen when say NFP forecasts are not very good and the actual data comes out very good - there is a bigger than usual spike, and vice versa. Trade what we see. Assume nothing.
Trader with an Edge.
  • #568,191
  • Dec 23, 2020 1:23pm Dec 23, 2020 1:23pm
showing signs of going down, tomorrow Christmas eve, so, I do not expect much volatility
Intraday only.
  • #568,192
  • Dec 23, 2020 1:37pm Dec 23, 2020 1:37pm
Quoting navk
showing signs of going down, tomorrow Christmas eve, so, I do not expect much volatility
m30 still holding 3476 level for now.
in wondering about yourself, you forgot what you came here to be part of
  • #568,193
  • Dec 23, 2020 1:42pm Dec 23, 2020 1:42pm
Hi Catempire, below is essentially your favoured scenario on a deal being announced !
Attached Image
Trader with an Edge.
  • #568,194
  • Dec 23, 2020 1:43pm Dec 23, 2020 1:43pm
Well

Let's just admit that after a lot of Brexit lies and smokes the naive bulls got few pips ahead.


Congrats on dumb luck
Beware of robber banks (RB), bad advisors.
  • #568,195
  • Dec 23, 2020 1:46pm Dec 23, 2020 1:46pm
Quoting Hunterrus84
{quote} Right attachment.php (1920×1080) (forexfactory.com)
i don't see price dropping below 1.34450
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yes yes yes
  • #568,196
  • Dec 23, 2020 1:48pm Dec 23, 2020 1:48pm
Quoting Moty
{quote} i don't see price dropping below 1.34450 {image}
I fully agree with you, and finally you are looking NORTH =) my SM activity from 3468, but a drop to this number 3445 is possible
Always Defend your investment 1775
  • #568,197
  • Dec 23, 2020 2:06pm Dec 23, 2020 2:06pm
nice move - all impulse. da boyz have been accumulating since the top... massively. so she going higher imo much higher. only catch it could drift south tomorrow. buy the dips.

euro also was bought today but not as much.
In tea leaves we trust!
  • #568,198
  • Dec 23, 2020 2:10pm Dec 23, 2020 2:10pm
Quoting goldfish3
{quote} then perhaps you haven't spent much time in front of the screen. 1.5 hours max. although i feel sooner.
i was out today. but not sure i would have taken this trade. as mentioned above - it was all impulse with very little structural buying before hand.

the pending news is probably fundy in nature imo.
In tea leaves we trust!
  • #568,199
  • Dec 23, 2020 2:17pm Dec 23, 2020 2:17pm
Quoting Moty
{quote} i don't see price dropping below 1.34450 {image}
And you are right, but for while read it as an movement ABC. If the price cross the top you know were will be the target.

Attached Image (click to enlarge)
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Together we can be strongest
Vantage Return This Month: na
  • #568,200
  • Dec 23, 2020 2:29pm Dec 23, 2020 2:29pm
Quoting Moty
{quote} i don't see price dropping below 1.34450 {image}
Support is below the candles.

Attached Image (click to enlarge)
Click to Enlarge Name: palpite.png Size: 22 KB
Together we can be strongest
Vantage Return This Month: na
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