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Cable Update (GBPUSD)

  • #568,901
  • Dec 28, 2020 6:27am Dec 28, 2020 6:27am
Quoting Ilvez
JB, I truly admire your confidence in the TA only. I am at the camp who believes that combining both the TA and FA will give reasonable outcome for a short term trading outlook e.g. 1-5 days. Yes, ultimately price moves first BUT price moves because of the expectations on the the FA events. With all due respect - when scientists are unable to forecast with 21st century supercomputers and statistical modelling weather reliably longer than 3 days, then I tend to take any the long-term forecasts with a pinch of salt. The fact that GU is sitting at...
Thing about long term is, it requires a level of skill and most importantly experience.. You probably missed this when I posted it.

https://www.forexfactory.com/attachm...9&d=1595194034

The above chart may have you rethink everything .. See how far we have come so far? you still don’t believe long term?

There will always be someone better at something than another.. Where my knowledge stops, someone else begins there..

thats just how it is..
BTW, long term ideas has been my only back bone when it comes to TA.. I wholeheartedly rely on TA only and nothing else.

SS
  • #568,902
  • Dec 28, 2020 6:31am Dec 28, 2020 6:31am
Quoting Waveskierrob
{quote} Just waiting to go back inside the cooler for replying to or liking your posts, don't you just love democracy
Dudes off his fookin rocker.. posting untold abuse over 3 day Christmas break while markets were closed ?

Needs to see a doctor.
Que Sera
  • #568,903
  • Dec 28, 2020 6:33am Dec 28, 2020 6:33am
Quoting JayBag
{quote} Thing about long term is, it requires a level of skill and most importantly experience.. You probably missed this when I posted it. https://www.forexfactory.com/attachm...9&d=1595194034 The above chart may have you rethink everything .. See how far we have come so far? you still don’t believe long term? There will always be someone better at something than another.. Where my knowledge stops, someone else begins there.. thats just how it is.. BTW, long term ideas has been my only back bone when it comes...
So you still short on EURUSD since May?
  • #568,904
  • Dec 28, 2020 6:49am Dec 28, 2020 6:49am
Today is an excellent lesson for both bulls and bears. Bears were thinking of at least 100 pips gap down, which not only didn't materialize, GBP pairs actually push upwards. Just when bulls were getting complacent, bears hit them for over 100 pips. It's the holiday season everyone, we should be helping each other. If you are on an opposing side, state why and help each other. No one is always right, unless you can prove it. Help each other watch out for blind spots or factors we might have neglected. NY session is looming, let's see what happens. There is a good possibility this GBP selldown continues because I believe fundamentally, GBP is facing problems (Covid and the Brexit deal isn't good). Tactically, it could be a buy the rumor, sell the news-which, if you align with calendar, it could be very possible. The big boys are buying in advance and have gone for their holidays in Malibu already, while the retail market is still thinking of Brexit deal uplifting the GBP. Once the speculators who are bullish realize this, they may be scrabbling to cover their positions which can cause big falls in a thin market. Speculators do not like to hold their positions for extended periods of time, much less into the new year, so a collapse isn't totally out of the picture. Of course, NY traders can totally flip this on me and bulls can take GBP upwards. Right now, technical analysis won't work for GBP. All movements in GBP for the next few days would be fueled by market sentiment towards the UK economy. It would be considered a victory for bears if they can smash GBP down another 100 pips during NY session. Otherwise, if we look at the bigger timeframe of monthly, it is still a tad higher and could swing either way (technicals). Just my thoughts.
  • #568,905
  • Dec 28, 2020 6:59am Dec 28, 2020 6:59am
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  • #568,906
  • Dec 28, 2020 7:09am Dec 28, 2020 7:09am
Quoting JayBag
So how many people are short? How many are long? Lets know now. we can’t afford to start seeing I am long and BE or I am short and on BE lets be upfront now I am long and most people on here knows
I'm long and short
  • #568,907
  • Dec 28, 2020 7:09am Dec 28, 2020 7:09am
Quoting nessus94
long 1.3480 for some fun
+36 pips for fun
Make money by doing the opposite of Giveachance aka loser
  • #568,908
  • Dec 28, 2020 7:10am Dec 28, 2020 7:10am
Quoting JayBag
So how many people are short? How many are long? Lets know now. we can’t afford to start seeing I am long and BE or I am short and on BE lets be upfront now I am long and most people on here knows
short
  • #568,909
  • Dec 28, 2020 7:11am Dec 28, 2020 7:11am
Quoting Waveskierrob
{quote} So you still short on EURUSD since May?


Don't ask him.



He can suspend you if he doesn't like the question.




Ah someone said:
Democracy, thou blind and wounded bird with broken wings, what happenst to thee??

Shakespeare I guess
Beware of robber banks (RB), bad advisors.
  • #568,910
  • Dec 28, 2020 7:14am Dec 28, 2020 7:14am
Attached Image (click to enlarge)
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Attached Image (click to enlarge)
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yes yes yes
  • #568,911
  • Dec 28, 2020 7:14am Dec 28, 2020 7:14am
Quoting Waveskierrob
{quote} Just waiting to go back inside the cooler for replying to or liking your posts, don't you just love democracy


Hold on.


Cooler is that small thingy.

Fridge is the big stuff with metal walls!!!!




You go in the FRIDGE when replying right


Or they will suspend you.




FF is great
Beware of robber banks (RB), bad advisors.
  • #568,912
  • Dec 28, 2020 7:14am Dec 28, 2020 7:14am
Here's my profits, yeah I know it's miserable, since last days. ...


I know




Hope that helps
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Beware of robber banks (RB), bad advisors.
  • #568,913
  • Dec 28, 2020 7:14am Dec 28, 2020 7:14am
Quoting Not-KPMG
{quote} Don't ask him. He can suspend you if he doesn't like the question. Ah someone said: Democracy, thou blind and wounded bird with broken wings, what happenst to thee?? Shakespeare I guess
you are short euro 1,18 but you have deleted your post
Make money by doing the opposite of Giveachance aka loser
  • #568,914
  • Dec 28, 2020 7:18am Dec 28, 2020 7:18am
Quoting titi14
{quote} short
Thanks for speaking out before hand
appreciated
  • #568,915
  • Dec 28, 2020 7:19am Dec 28, 2020 7:19am
Quoting Waveskierrob
{quote} Just waiting to go back inside the cooler for replying to or liking your posts, don't you just love democracy

The only way to ask unpleasant questions.





Beware






Don't like this post unless you're in fridge!!!
Attached Image
Beware of robber banks (RB), bad advisors.
  • #568,916
  • Dec 28, 2020 7:20am Dec 28, 2020 7:20am
Quoting JayBag
{quote} Thanks for speaking out before hand appreciated
long or shorts don't mean nothing because we don't know where
to be more clear mention average price for the long term

or for your intraday trade
Make money by doing the opposite of Giveachance aka loser
  • #568,917
  • Dec 28, 2020 7:20am Dec 28, 2020 7:20am
Attached Image (click to enlarge)
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yes yes yes
  • #568,918
  • Dec 28, 2020 7:22am Dec 28, 2020 7:22am
Quoting Waveskierrob
{quote} Just waiting to go back inside the cooler for replying to or liking your posts, don't you just love democracy
and mocking people is ok?

cannot you see your friend kpmg mocks everyone here and he is always on the wrong side of the market

this is funny
Make money by doing the opposite of Giveachance aka loser
  • #568,919
  • Dec 28, 2020 7:24am Dec 28, 2020 7:24am
Quoting JayBag
{quote} Thanks for speaking out before hand appreciated
Pretty sure I don’t need to clarify.

127 or 137 ?
Que Sera
  • #568,920
  • Dec 28, 2020 7:30am Dec 28, 2020 7:30am
Quoting nessus94
{quote} long or shorts don't mean nothing because we don't know where to be more clear mention average price for the long term or for your intraday trade
True.. That should make it more clear..
I remain long and my target is sitting at 1.37146
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