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Cable Update (GBPUSD)

  • #570,121
  • Jan 4, 2021 10:18am Jan 4, 2021 10:18am
Quoting navk
again in at 3563. tight stop.
good luck navk
no trades for me this week
  • #570,122
  • Jan 4, 2021 10:20am Jan 4, 2021 10:20am
Quoting VM.
{quote} <...>Brexit deal is terrible, our economy is in a dismal shape, and corona is out of control. All of this is not really reflected in the pound price just yet. And I am consistent, I said it all along, Brexit deal will set a new high, and it will be downhill from there. Maybe bulls can recover and make a new high at your coveted 1.37 area in the thin holiday trading, but that would be it.
Posted more than a week ago, and it looks as if this scenario is being played out now.
The danger is tomorrow's Senate election in Georgia, Democrats win may trigger another round of dollar selloff.
But the bad news for pound buyers, today was not even a good day for dollar, it lost ground against most currencies.
  • #570,123
  • Jan 4, 2021 10:25am Jan 4, 2021 10:25am
Quoting nessus94
i see a big opportunity for a dollar rally with a big drop in equity and a bigger drop in commodities and f*** bitcoin
I see it slightly differently. If there is a risk off move because of Covid, dollar will be bought, equities sold (here we agree), but gold and bitcoin may also appreciate: the longer we stay in the Covid limbo, the more money will be printed.
  • #570,124
  • Jan 4, 2021 10:45am Jan 4, 2021 10:45am
I missed the mumbo jumbo here



Same old same old. Everyone is expert



Anyway, a little dip, a little profit, came to remind all buuuulz I'm short
Beware of robber banks (RB), bad advisors.
  • #570,125
  • Jan 4, 2021 11:05am Jan 4, 2021 11:05am
Quoting Lastaccount
SOLD 1.37 for 1.3550 first TP 1.32 TP 2
done for my 1st TP
  • #570,126
  • Jan 4, 2021 11:06am Jan 4, 2021 11:06am
come on daily s3 , hold it !!!!!!!!!!
edit : sdx closed his gap , we may see a retrace here
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gu1.png Size: 29 KB
Click to Enlarge Name: dx.png Size: 30 KB
yes yes yes
  • #570,127
  • Jan 4, 2021 11:09am Jan 4, 2021 11:09am
Quoting VM.
{quote} I see it slightly differently. If there is a risk off move because of Covid, dollar will be bought, equities sold (here we agree), but gold and bitcoin may also appreciate: the longer we stay in the Covid limbo, the more money will be printed.
if things go bad i don't think the banks will jump into bitcoin
it is unsecure and too volatile
they will jump into the dollar and out of the equities

and i think commodities could go down
Make money by doing the opposite of Giveachance aka loser
  • #570,128
  • Jan 4, 2021 11:14am Jan 4, 2021 11:14am
Quoting coolmakina
steam seems to be ending. i believe we seen the bottom? yes, i do.
well, i was wrong again.

1.3562 didn't hold.
next support is 1.3545, will it hold or just another small retrace?
If you don't know how to earn money, don't loose it.
  • #570,129
  • Jan 4, 2021 11:18am Jan 4, 2021 11:18am
Quoting Moty
come on daily s3 , hold it !!!!!!!!!! edit : sdx closed his gap , we may see a retrace here {image} {image}
Hahahahahahahaha!!!!!
1.34.....here we come!
  • #570,130
  • Jan 4, 2021 11:19am Jan 4, 2021 11:19am
Quoting coolmakina
steam seems to be ending. i believe we seen the bottom? yes, i do.
Not yet!
  • #570,131
  • Jan 4, 2021 11:22am Jan 4, 2021 11:22am
Quoting Glorybound
{quote} Hahahahahahahaha!!!!! 1.34.....here we come!
hahahaha
1.37 here we come
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 22 KB
yes yes yes
  • #570,132
  • Jan 4, 2021 11:25am Jan 4, 2021 11:25am
Quoting Moty
{quote} hahahaha 1.37 here we come {image}
That's good!
  • #570,133
  • Jan 4, 2021 11:31am Jan 4, 2021 11:31am
Quoting Moty
{quote} hahahaha 1.37 here we come {image}

you gotta wake up man
#Stay blue. /swinger/scalper/
  • #570,134
  • Jan 4, 2021 11:31am Jan 4, 2021 11:31am
Happy New Year,
"Folk's"...

When you start the New Year, Up 130 Pip's,
Even though you drained the Account at the End of the Year, and you're simply trading,
a fraction of what was there, But you don't care, because you realize, (of course),
it's the Trading that matters, not the Ducket$; but it's about becoming an "Excellent trader."

Yes Stops are blotted out, as well as lot size- That's not the Point.
Again, people- You, Me & the "Fence Post" would die for 130 pips, in any size or position,
because we know it's about the Trading. We know the money just follows w/it.
Happy New Year Gang,

My Very Best to Each of you this year, as we get started & fund our accounts,
and grow as excellent traders this year- Up's, Down's & Sideways, and the back & forth,
We all go through.
My Very Best Gang,
'Terrapin Pipper,

Jeff, "Out" !
Attached Image (click to enlarge)
Click to Enlarge Name: 1_4_2021 GBP_USD SHORT for 100 + Pips.png Size: 56 KB
I will work to Objectively Identify my Edges
  • #570,135
  • Jan 4, 2021 11:32am Jan 4, 2021 11:32am
... just back @ desk updating charts - seeing what I missed - which was most of the move lol...shoulda held that last short - one for the 'shoulda woulda coulda' file !

1hr below shows the 6 consecutive 1hr bearish candles in the move down...38.2% 3303-3704 and 61.8% downside extension of thursday's move @/about the current dly lo...dly S1 and 61.8% 3429-3704 just below that @ 3534.
Attached Image (click to enlarge)
Click to Enlarge Name: f8b1554af310f5bfcc536b3da21242ca.png Size: 74 KB
Trader with an Edge.
  • #570,136
  • Jan 4, 2021 11:37am Jan 4, 2021 11:37am
Quoting TerpFan2
Happy New Year, "Folk's"... When you start the New Year, Up 130 Pip's, Even though you drained the Account at the End of the Year, and you're simply trading, a fraction of what was there, But you don't care, because you realize, (of course), it's the Trading that matters, not the Ducket$; but it's about becoming an "Excellent trader." Yes Stops are blotted out, as well as lot size- That's not the Point. Again, people- You, Me & the "Fence Post" would die for 130 pips, in any size or position, because we know it's about the Trading. We know the money...
This is encouraging. Thank you and happy New Year!
  • #570,137
  • Jan 4, 2021 11:40am Jan 4, 2021 11:40am
Quoting Glorybound
{quote} This is encouraging. Thank you and happy New Year!
Amen Glorybound,

You too Partner,
Have an 'Incredible Year'. !
I will work to Objectively Identify my Edges
  • #570,138
  • Jan 4, 2021 11:41am Jan 4, 2021 11:41am
Quoting Headland
... just back @ desk updating charts - seeing what I missed - which was most of the move lol...shoulda held that last short - one for the 'shoulda woulda coulda' file ! 1hr below shows the 6 consecutive 1hr bearish candles in the move down...38.2% 3303-3704 and 61.8% downside extension of thursday's move @/about the current dly lo...dly S1 and 61.8% 3429-3704 just below that @ 3534. {image}
"Anything can happen"
  • #570,139
  • Jan 4, 2021 11:41am Jan 4, 2021 11:41am
GU

Scalping Long
Attached Image (click to enlarge)
Click to Enlarge Name: gu 059.jpg Size: 217 KB
  • #570,140
  • Jan 4, 2021 11:52am Jan 4, 2021 11:52am
Quoting Bartosz77
{quote} 1. Brexit deal rules came into force. 2. Europe is closing all borders due to Covid. 3. UK is going into national lockdown (to be announced today at 20:00 GMT by Boris Johnson). 4. 4 days in a row UK had ovr 50k new Covid cases. All of that shows the direction for the next few days / weeks.
stay around.
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