Cable Update (GBPUSD)

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Post #569,701
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Dec 30, 2020 3:25pm Dec 30, 2020 3:25pm

Roszey
Joined Nov 2013 | Status: Busy | 1,394 Posts | Invisible

Quoting Mitiblotch

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Imagine price rubbing yearly high for hours without coming down. Isnt it obvious what will most likely happen? 3700 is just a little spike away. For your info, you currently have about 68% aggregate sellers from that source I used to post. I think Jaybag will hit hit long awaited take profit tonight. I just took a risk to boot by buying this high here at 3609. Let's see if it works.

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Well, prices are above the YOP and still knocking the high. Maybe we can see a gap down when market opens 2021

Le$$ I$ More

Post #569,702
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Dec 30, 2020 3:31pm Dec 30, 2020 3:31pm

Moty
Joined Dec 2017 | Status: Member | 13,065 Posts

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don't try to tell the market where to go , let him tell you

Post #569,703
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Dec 30, 2020 3:47pm Dec 30, 2020 3:47pm

Rgentm
| Joined Jun 2018 | Status: Member | 56 Posts

Quoting Roszey

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{quote} Well, prices are above the YOP and still knocking the high. Maybe we can see a gap down when market opens 2021

Ignored

to save huge amount of retail shorts? No way

im trying to pursue people to long with reasoning for past few days, but short ratio keeps increasing - I guess we are set for a gap up

Post #569,704
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Dec 30, 2020 3:51pm Dec 30, 2020 3:51pm

Roszey
Joined Nov 2013 | Status: Busy | 1,394 Posts | Invisible

Quoting Rgentm

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{quote} to save huge amount of retail shorts? No way im trying to pursue people to long with reasoning for past few days, but short ratio keeps increasing - I guess we are set for a gap up

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Yeah most likely.

The gap will compensate for the the Brexit bubble still in the air.

Le$$ I$ More

Post #569,705
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Dec 30, 2020 3:52pm Dec 30, 2020 3:52pm

cmk
| Joined Feb 2014 | Status: Member | 98 Posts

Quoting WhipKream

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any dollar bulls may get murdered in the coming 11 weeks. if the senate approves of the 2,000 direct payouts the bloodbath may be worse. GU broke that 1.35 level, i would hold on to dear life for 1.44 and maybe higher. GL everyone

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Is it 11 or 12

Post #569,706
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Dec 30, 2020 5:08pm Dec 30, 2020 5:08pm

KiwiTrada
Joined Aug 2009 | Status: Member | 11,408 Posts

Quoting KiwiTrada

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{quote} I will see how psych 1 3600 reacts any sign of bears will start building position up to 23-24ish

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bears put up little fight @ 3600 now bulls @ 3624 it is previous daily weekly monthly yearly high, I respect resistance and will defend again small sl entry 3624 sl 13pips usd pairs at or close to S/R depending on prs au 77cent nu 72cent eu previous weekly high april 2018 uj 103 (retro) swissy 88cent cad 2700 (retro) gold falling utl now 1895 with previous high 1896 silver previous high 26 74 so some interesting levels in or coming into play, cable 3624 ish was level where bulls put a stop to bears 2008 rampage until bears came back june 2016 bears have beld this levels, historic low, swamp, until now except small bull attack mid 2017 so critical level in the past and merits defending, bulls looking rampant but bears have seen it all before

If you are new to Forex? Say Goodbye to your account!!

Post #569,707
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Dec 30, 2020 5:14pm Dec 30, 2020 5:14pm

WhipKream
| Joined Nov 2018 | Status: Member | 416 Posts

Quoting cmk

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{quote} Is it 11 or 12

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11 weeks for the unemployment benefits

Post #569,708
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Dec 30, 2020 5:33pm Dec 30, 2020 5:33pm

Hutch
Joined Apr 2010 | Status: Lazy trader on D1 charts | 4,681 Posts

I wonder if traders are already disenchanted with the terms of Brexit.

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Post #569,709
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Dec 30, 2020 5:38pm Dec 30, 2020 5:38pm

trumps
Joined Mar 2020 | Status: Member | 1,368 Posts

Can't close above the high.
I suspect the bulls are waiting below for the next assault north
https://www.forexfactory.com/trades#...ions-details=3

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Pulchra All Time Return: 64.5%

Post #569,710
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Dec 30, 2020 5:43pm Dec 30, 2020 5:43pm

Ihlas
| Joined Nov 2020 | Status: Weekly Profit: 100% | 64 Posts

Bear can't take the bull by the horns today! UP

Post #569,711
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Dec 30, 2020 6:31pm Dec 30, 2020 6:31pm

Sang.Real
Joined Mar 2020 | Status: Newbie | 606 Posts

Quoting Sang.Real

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Hi All, this is newbie set up for LONG Entry using SNR. Any comment welcome for educational purposes. Thank You Newbie {image}

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GU

Target b4 LO

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la hawla wala quwwata illa billah

Post #569,712
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Dec 30, 2020 6:46pm Dec 30, 2020 6:46pm

Mitiblotch
Joined Sep 2017 | Status: Member | 4,586 Posts

Quoting Mitiblotch

Disliked

Imagine price rubbing yearly high for hours without coming down. Isnt it obvious what will most likely happen? 3700 is just a little spike away. For your info, you currently have about 68% aggregate sellers from that source I used to post. I think Jaybag will hit hit long awaited take profit tonight. I just took a risk to boot by buying this high here at 3609. Let's see if it works.

Ignored

Exit here at 3627. That's +17 pips.

Post #569,713
Quote
Dec 30, 2020 7:04pm Dec 30, 2020 7:04pm

Bacco
Joined Aug 2020 | Status: Member | 721 Posts

Quoting Bacco

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short booked 3620 for 20 pips. edit. 3623

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Closed +20

Twitter: Rummer_grapes

Post #569,714
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Dec 30, 2020 7:24pm Dec 30, 2020 7:24pm

Roszey
Joined Nov 2013 | Status: Busy | 1,394 Posts | Invisible

Quoting Sang.Real

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{quote} GU Target b4 LO {image}

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i think you should move SL to entry.

Le$$ I$ More

Post #569,715
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Dec 30, 2020 7:26pm Dec 30, 2020 7:26pm

Gerozepin
| Joined Mar 2019 | Status: Member | 36 Posts

Quoting Moty

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{image}

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Hi Moty, i have few indicator that might be usefull for you.

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Forex Pandorum Indicator.ex4 58 KB | 33 downloads

StepChart_v1.ex4 14 KB | 16 downloads

StepChart_v1.mq4 4 KB | 29 downloads

Post #569,716
Quote
Dec 30, 2020 7:37pm Dec 30, 2020 7:37pm

Roszey
Joined Nov 2013 | Status: Busy | 1,394 Posts | Invisible

Quoting Mitiblotch

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{quote} Exit here at 3627. That's +17 pips.

Ignored

Come on you chickened out so early...
3700 will hit soon.

Le$$ I$ More

Post #569,717
Quote
Dec 30, 2020 7:37pm Dec 30, 2020 7:37pm

Sang.Real
Joined Mar 2020 | Status: Newbie | 606 Posts

Quoting Roszey

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{quote} i think you should move SL to entry.

Ignored

Thanks for the comment Roszey.

Moved my Stop above entry price.

la hawla wala quwwata illa billah

Post #569,718
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Dec 30, 2020 7:39pm Dec 30, 2020 7:39pm

kk300
| Joined Jan 2015 | Status: Member | 729 Posts

Quoting kk300

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{quote} Closed major positions.. left some little to hover around... 240+ pips closed in two trades.. waiting for hourly close above 3611 for continuation.. while close below 3588 would be dangerous for bulls.. lets see.. i am out

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Continuation it is.. to the top...

Post #569,719
Quote
Dec 30, 2020 7:40pm Dec 30, 2020 7:40pm

Sang.Real
Joined Mar 2020 | Status: Newbie | 606 Posts

Quoting Sang.Real

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{quote} GU Target b4 LO {image}

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Hi all,

I trade only by using support and Resistant.

The only things i'm comfortable with and can trade with it.

The set up and reasoning of my latest entry.

Any comment and view appreciated for educational purposes.

Thank you

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