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Cable Update (GBPUSD)

  • #572,721
  • Jan 19, 2021 6:31am Jan 19, 2021 6:31am
Fibonacci alert Reversal Zone Short
Attached Image (click to enlarge)
Click to Enlarge Name: gu.png Size: 25 KB
  • #572,722
  • Jan 19, 2021 6:35am Jan 19, 2021 6:35am
Quoting TrTT
NOW Gbpusd I have BUY. This could be a Higher Low with Target set at 1.37170 Gbpsgd I Have Sell HAHA But I will be monitoring it Tonight to see whether its a Nice Buy with a Long Target Alright Thats About It What a Week Its Loaded {image}
I open a buy position and target is 1.3625
wait and see what happens???
  • #572,723
  • Jan 19, 2021 6:57am Jan 19, 2021 6:57am
Quoting fxmasterdxb
Sell limit is waiting @1.3638, might consider a small long till we get there
My sell limit is still waiting
  • #572,724
  • Jan 19, 2021 7:05am Jan 19, 2021 7:05am
Quoting helioss
{quote} Not so fake, area .3611/.3634 was previous support.....volume at moment are low, not good vibes
I saw right: resistence stopped BULLs at moment.... bearish divergence on tick volume, BULLs need more LOAD to breakout
Attached Image (click to enlarge)
Click to Enlarge Name: gu.png Size: 27 KB
  • #572,725
  • Jan 19, 2021 7:06am Jan 19, 2021 7:06am
Quoting haryourcute
{quote} iamvery intrested in your CCS
What is CCS?
  • #572,726
  • Jan 19, 2021 7:06am Jan 19, 2021 7:06am
Not many traders here do care for the final destination.
For those who do, maybe you wanna know everything from M1 to D1 points North, at the moment.
For me, personally, even if there is 500-800-1,000 pips sell correction, it does not really matter.
Do know how to handle these.
Dealing with similar 2,000 pips ($200) sell corrections in gold, so...
Even on a rainy day? GU won't make 2k down pips (20 pence?!) without the 35% retrace up.
Maadik Hugiis. IQ 69.
  • #572,727
  • Jan 19, 2021 7:10am Jan 19, 2021 7:10am
Quoting MoneyZilla
Not many traders here do care for the final destination. For those who do, maybe you wanna know everything from M1 to D1 points North, at the moment. For me, personally, even if there is 500-800-1,000 pips sell correction, it does not really matter. Do know how to handle these. Dealing with similar 2,000 pips ($200) sell corrections in gold, so... Even on a rainy day? GU won't make 2k down pips (20 pence?!) without the 35% retrace up.
That's normal and thats how forex works. Every currency has up and down but the most difficult thing is to know how to handle it.
Atm, I see G/U much stronger then it should be. It will come back at much lower levels but the right moment no one know except MM's.
Multiple Position Trader
  • #572,728
  • Jan 19, 2021 7:11am Jan 19, 2021 7:11am
bears take cover
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gu1.png Size: 27 KB
Click to Enlarge Name: gu2.png Size: 29 KB
yes yes yes
  • #572,729
  • Jan 19, 2021 7:15am Jan 19, 2021 7:15am
Quoting Moty
bears take cover {image} {image}
Yes, it's possible. Let's see.
Multiple Position Trader
  • #572,730
  • Jan 19, 2021 7:16am Jan 19, 2021 7:16am
Quoting Moty
show me the money {image}
Wowoo
  • #572,731
  • Jan 19, 2021 7:33am Jan 19, 2021 7:33am
Quoting MoneyZilla
Not many traders here do care for the final destination. For those who do, maybe you wanna know everything from M1 to D1 points North, at the moment. For me, personally, even if there is 500-800-1,000 pips sell correction, it does not really matter. Do know how to handle these. Dealing with similar 2,000 pips ($200) sell corrections in gold, so... Even on a rainy day? GU won't make 2k down pips (20 pence?!) without the 35% retrace up.
Definition of final destination could differ from one trader to another, for some it could be we where day ends for others could be the week, month, year or even 10 years end
  • #572,732
  • Jan 19, 2021 7:35am Jan 19, 2021 7:35am
Very low ADR today, above 3625, 3650. This is where im going to tp and look for another buy
  • #572,733
  • Jan 19, 2021 7:43am Jan 19, 2021 7:43am
goldi is preparing to sink the dx
Attached Image(s) (click to enlarge)
Click to Enlarge Name: go.png Size: 35 KB
Click to Enlarge Name: dx.png Size: 22 KB
yes yes yes
  • #572,734
  • Jan 19, 2021 7:51am Jan 19, 2021 7:51am
Quoting helioss
{quote} I saw right: resistence stopped BULLs at moment.... bearish divergence on tick volume, BULLs need more LOAD to breakout {image}
GU is a strong resistance level now. Daily TF still has a bullish outlook. When this level breaks, the cable will get to 1.3700
when you can accurately predict the future, you leave nothing to chance.
  • #572,735
  • Jan 19, 2021 7:51am Jan 19, 2021 7:51am
eu is almost at the tp
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: eu1.png Size: 39 KB
yes yes yes
  • #572,736
  • Jan 19, 2021 7:53am Jan 19, 2021 7:53am
Quoting Moty
goldi is preparing to sink the dx {image} {image}
I think gold will take a deeper dive today/tomorrow
  • #572,737
  • Jan 19, 2021 7:57am Jan 19, 2021 7:57am
Getting some downside signals now, guess bulls don’t have as much juice as I thought
  • #572,738
  • Jan 19, 2021 7:58am Jan 19, 2021 7:58am
What's happening with GBPUSD?

I don't understand
  • #572,739
  • Jan 19, 2021 8:05am Jan 19, 2021 8:05am
Quoting Tobe
What's happening with GBPUSD? I don't understand
EU was able to make a higher high while GU is struggling to, could signify some weakness on GU, this hour candle will tell most likely
  • #572,740
  • Jan 19, 2021 8:19am Jan 19, 2021 8:19am
ready... i'm sitting on my chair...go on, you can make your move now...
If you don't know how to earn money, don't loose it.
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