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Cable Update (GBPUSD)

  • #568,221
  • Dec 23, 2020 6:41pm Dec 23, 2020 6:41pm
Quoting Mcbeaners
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.
doesn't look like she's going to retrace at all. hmmm
In tea leaves we trust!
  • #568,222
  • Dec 23, 2020 8:11pm Dec 23, 2020 8:11pm
Quoting Mcbeaners
{quote} doesn't look like she's going to retrace at all. hmmm
haha..i need some retrace for buy again..
Trade what you see, not what you think.. react and stay sharp..
  • #568,223
  • Dec 23, 2020 8:28pm Dec 23, 2020 8:28pm
Quoting Mcbeaners
{quote} doesn't look like she's going to retrace at all. hmmm
if no deal is announced today, expect a big fall later in the day
  • #568,224
  • Dec 23, 2020 8:31pm Dec 23, 2020 8:31pm
Asia are having a lit party
  • #568,225
  • Dec 23, 2020 8:45pm Dec 23, 2020 8:45pm
ill wait some retrace to go long again.. it need some retrace for big up move.. imo

1.3500 or lower maybe..
Trade what you see, not what you think.. react and stay sharp..
  • #568,226
  • Dec 23, 2020 8:58pm Dec 23, 2020 8:58pm
Quoting miedpreneur
ill wait some retrace to go long again.. it need some retrace for big up move.. imo 1.3500 or lower maybe..
1.35444 should do ..
  • #568,227
  • Dec 23, 2020 9:07pm Dec 23, 2020 9:07pm
it was a significant buy. highly improbable it will retrace now that its moving north.
In tea leaves we trust!
  • #568,228
  • Dec 23, 2020 9:07pm Dec 23, 2020 9:07pm
Quoting JayBag
{quote} 1.35444 should do ..
Haha.. ill wait lil more deeper.. 1.3500 should work for me.. if stay below 1.559 then it need some retrace to break out prev high..
but if not go there and break out last high i follow buy right now i just wait n see
Trade what you see, not what you think.. react and stay sharp..
  • #568,229
  • Dec 23, 2020 9:12pm Dec 23, 2020 9:12pm
i'm looking for 1.3634 mar contract tp. but 1.3649 above is more likely.

as ever, we'll see.
Attached Image (click to enlarge)
Click to Enlarge Name: 2020-12-23_22-10-40.png Size: 168 KB
In tea leaves we trust!
  • #568,230
  • Dec 23, 2020 9:15pm Dec 23, 2020 9:15pm
its about 0.0015 difference between mar contract and spot.
In tea leaves we trust!
  • #568,231
  • Dec 23, 2020 9:19pm Dec 23, 2020 9:19pm
It did retrace 20 pips - if this is an insider news - this is more than enough to carry on north
  • #568,232
  • Dec 23, 2020 9:32pm Dec 23, 2020 9:32pm
Quoting Yngwie
Let buy 3420 with SL 3400
Close for 140 pips. Looking new position at London open
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #568,233
  • Dec 23, 2020 9:34pm Dec 23, 2020 9:34pm
i still believe it can retrace to 1.3500 il wait.. if not then i just wait n see..follow buy when BO prev high..
Trade what you see, not what you think.. react and stay sharp..
  • #568,234
  • Dec 23, 2020 9:37pm Dec 23, 2020 9:37pm
Quoting miedpreneur
i still believe it can retrace to 1.3500 il wait.. if not then i just wait n see..follow buy when BO prev high..
given that it didn't retrace during asian session, suggests to me that the news is coming sooner rather then later.

it could retrace, if the news is delayed etc. time will tell.
In tea leaves we trust!
  • #568,235
  • Dec 23, 2020 9:37pm Dec 23, 2020 9:37pm
i think gbpusd will reach yesterday opening price today...1.33900

vengeance bear is soon
  • #568,236
  • Dec 23, 2020 9:40pm Dec 23, 2020 9:40pm
But just let’s all keep in mind, that if they don’t announce a deal and a long way to go, what’s going to happen? I think a deep breather of 200+ pips due to low liquidity
this makes it kind of messy
  • #568,237
  • Dec 23, 2020 9:42pm Dec 23, 2020 9:42pm
interesting to note the ftse would be a short for me. not a big one but a short over long. so maybe the news isn't fundy related?
In tea leaves we trust!
  • #568,238
  • Dec 23, 2020 9:42pm Dec 23, 2020 9:42pm
Quoting JayBag
{quote} 1.35444 should do ..
Last batch added
back to sleep
  • #568,239
  • Dec 23, 2020 9:42pm Dec 23, 2020 9:42pm
Quoting miedpreneur
i still believe it can retrace to 1.3500 il wait.. if not then i just wait n see..follow buy when BO prev high..
I think retrace a bit to continue going up to 1.3700. I hope back to 1.3450
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #568,240
  • Dec 23, 2020 9:43pm Dec 23, 2020 9:43pm
when everyone expecting GU to go up, the opposite normally happens.
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