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Cable Update (GBPUSD)

  • #572,941
  • Jan 20, 2021 6:22am Jan 20, 2021 6:22am
Well done Moty! The price followed your projection.
I am unleashing the bears now to fight the bulls !
Risk Management is of utmost importance!
  • #572,942
  • Jan 20, 2021 6:23am Jan 20, 2021 6:23am
Quoting Moty
{quote} careful bulls 5 hours from now , bailey speaks , and baiden is becoming a president {image} {image}
Will see bro, but everything is pointing towards continuation, lets see
  • #572,943
  • Jan 20, 2021 6:24am Jan 20, 2021 6:24am
Signal as at mid day is for a short
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Insane in the Brain..
  • #572,944
  • Jan 20, 2021 6:28am Jan 20, 2021 6:28am
Quoting Moty
{quote} o.k , so i am late in 1 candle , don't be angry with me {image} {image} {image}

For Support and Resistance level which indicator you use?? Can you share please
  • #572,945
  • Jan 20, 2021 6:28am Jan 20, 2021 6:28am
Quoting Headland
{quote} I know he/they have a mid term view (which used to be 12mths when I was there) of 1.2000 and have been selling the bearish daily candle closes that had a fractal hi above 3500

That might be useful.
At least wait for a bearish D1 candle, to close, and then open a buy USD position?

Anyone here listening? Bearish D1 close, to open a USD buy position? Hello?

Technically speaking, there is no selling.
One is buying the GBP or the USD.
When exiting the market, it is still a buy of one of those two, as there is nothing in between.
Forex trading is only buying and nothing else...
Maadik Hugiis. IQ 69.
  • #572,946
  • Jan 20, 2021 6:32am Jan 20, 2021 6:32am
Quoting BeeTogether
Signal as at mid day is for a short {image}

Can you share the indicator please?
  • #572,947
  • Jan 20, 2021 6:37am Jan 20, 2021 6:37am
Quoting MoneyZilla
{quote} That might be useful. At least wait for a bearish D1 candle, to close, and then open a buy USD position? Anyone here listening? Bearish D1 close, to open a USD buy position? Hello? Technically speaking, there is no selling. One is buying the GBP or the USD. When exiting the market, it is still a buy of one of those two, as there is nothing in between. Forex trading is only buying and nothing else...
Yeh that's one way of looking at it....whether you are buying $ strength or £ strength. As for that particular fund's fundie analysis they see Biden getting a grip on covid, that and the economic stimulus plan - both good for U.s economy and therefore $, and that historically the U.s outperforms Uk/Eu in gdp particularly from recessions /downturns so relative to Uk economy re gpusd $ 'should' strengthen, but I know they were waiting for Brexit deal or not to be out the way as that added an unappetising degree of uncertainty to the fundie equation. Little more involved than that but that's their basic calculation. Most would be surprised at the very basic TA (if any) that big funds/banks use.
Trader with an Edge.
  • #572,948
  • Jan 20, 2021 6:37am Jan 20, 2021 6:37am
Quoting fxmasterdxb
{quote} Will see bro, but everything is pointing towards continuation, lets see
we are on the page .
it can retrace and go up
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yes yes yes
  • #572,949
  • Jan 20, 2021 6:48am Jan 20, 2021 6:48am
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Maadik Hugiis. IQ 69.
  • #572,950
  • Jan 20, 2021 6:51am Jan 20, 2021 6:51am
trump love gold , this is his last day as president , so the drop is coming .
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yes yes yes
  • #572,951
  • Jan 20, 2021 6:53am Jan 20, 2021 6:53am
Could we see an uptrend? I'm heavily in buy right now!
  • #572,952
  • Jan 20, 2021 6:58am Jan 20, 2021 6:58am
Quoting MoneyZilla
{image}
The next time it returns back to 3700 it will not return back down.
Le$$ I$ More
  • #572,953
  • Jan 20, 2021 7:00am Jan 20, 2021 7:00am
Quoting Moty
trump love gold , this is his last day as president , so the drop is coming . {image} {image}
lols..gold doesn't him though!
Sharing is caring!
  • #572,954
  • Jan 20, 2021 7:07am Jan 20, 2021 7:07am
for 10 points
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ty eu
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yes yes yes
  • #572,955
  • Jan 20, 2021 7:07am Jan 20, 2021 7:07am
Quoting Moty
trump love gold , this is his last day as president , so the drop is coming . {image} {image}
I sold 1.367

stop loss - 1.372
Together we can be strongest
Vantage Return This Month: na
  • #572,956
  • Jan 20, 2021 7:12am Jan 20, 2021 7:12am
Quoting MoneyZilla
{image}
Yes, saw it too.

Do you think price might go down to 1.36500? Or not
  • #572,957
  • Jan 20, 2021 7:15am Jan 20, 2021 7:15am
I killed my long with -15, might consider a long between 1.3650-1.3640
  • #572,958
  • Jan 20, 2021 7:21am Jan 20, 2021 7:21am
Quoting fxmasterdxb
I killed my long with -15, might consider a long between 1.3650-1.3640
Me too...

Looks like a support will be waiting there
  • #572,959
  • Jan 20, 2021 7:24am Jan 20, 2021 7:24am
Quoting fxmasterdxb
I killed my long with -15, might consider a long between 1.3650-1.3640
am with you. My scalps took me to a wrong direction.
Insane in the Brain..
  • #572,960
  • Jan 20, 2021 7:26am Jan 20, 2021 7:26am
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