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Cable Update (GBPUSD)

  • #575,101
  • Jan 29, 2021 7:26am Jan 29, 2021 7:26am
Quoting Georginson
{quote} Just playing it safe mate.
Fair call, im out @ 1.3730 too, dont like this consolidation, i would have preferred a pull back and continuation
  • #575,102
  • Jan 29, 2021 7:29am Jan 29, 2021 7:29am
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yes yes yes
  • #575,103
  • Jan 29, 2021 7:29am Jan 29, 2021 7:29am
Quoting pipcenturion
{quote} I think the close is early. The move should be about 220 pips higher than yesterday's low.
Well i do have the same number but i dont like the current consolidation near such a strong trendline, i exited too, might enter later if i find a proper setup
  • #575,104
  • Jan 29, 2021 7:34am Jan 29, 2021 7:34am
Quoting parshal
{quote} I think there is no Bull power at the moment. Cable only reacting to DXA. Bull power can come into play when DXA goes down 90.45..I will wait for bulls to take control
parshal, you might have your wish...
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Always trade your own plan...I don't provide trading signals.
  • #575,105
  • Jan 29, 2021 7:37am Jan 29, 2021 7:37am
Quoting Moty
{image} {image}
Gold is unclear..
my view yesterday was good, but sl hit..
  • #575,106
  • Jan 29, 2021 7:45am Jan 29, 2021 7:45am
Quoting palpite
buy - 1.3684 stop loss - 1.3650
you should be in large profit right now
  • #575,107
  • Jan 29, 2021 7:46am Jan 29, 2021 7:46am
Quoting gatenio
{quote} Gold is unclear.. my view yesterday was good, but sl hit..
Reddit users are driving precious metals high. Forget about selling for now
Twitter: Rummer_grapes
  • #575,108
  • Jan 29, 2021 7:51am Jan 29, 2021 7:51am
Quoting Rgkc
How are the volumes? Is there still strength to buy?
fading...
If you don't know how to earn money, don't loose it.
  • #575,109
  • Jan 29, 2021 7:54am Jan 29, 2021 7:54am
  •  Rgkc
  • | Joined Dec 2010 | Status: Never stop learning about forex! | 419 Posts
Quoting Bacco
{quote} Reddit users are driving precious metals high. Forget about selling for now
Waiting a pump&dump
Studing..............
  • #575,110
  • Jan 29, 2021 7:54am Jan 29, 2021 7:54am
Quoting Coreg2004
{quote} parshal, you might have your wish... {image}
yeah..but seems there is no clear momentum for bulls
My observation may be wrong but intent correct. Stay calm!
  • #575,111
  • Jan 29, 2021 7:54am Jan 29, 2021 7:54am
Quoting Bacco
{quote} Reddit users are driving precious metals high. Forget about selling for now
how do you know what they buying?
  • #575,112
  • Jan 29, 2021 7:58am Jan 29, 2021 7:58am
1.3745 is H4 resistance...high volume (low bulls).
If you don't know how to earn money, don't loose it.
  • #575,113
  • Jan 29, 2021 8:06am Jan 29, 2021 8:06am
Quoting gatenio
{quote} how do you know what they buying?
r/wallstreetbets, megathreads with people talking about pumping up the prices and at least claiming they've bought
  • #575,114
  • Jan 29, 2021 8:08am Jan 29, 2021 8:08am
  •  Rgkc
  • | Joined Dec 2010 | Status: Never stop learning about forex! | 419 Posts
Short risky here now
Against the trend.. don't follow...
Studing..............
  • #575,115
  • Jan 29, 2021 8:10am Jan 29, 2021 8:10am
Quoting gatenio
{quote} how do you know what they buying?
I am following them

They are after Gme,Nokia, Amc, Dogecoin, silver & gold. They are squeezing the shorts of the hedge funds. In Usa they are having some problem as the are restricting the trade of the stocks mentioned.

I dont want to say a bulls**t but moving the price of gold and silver they are moving the dxy too as probably the algorithm are seeing the gold getting more expensive=cheaper dollar.

2 days ago we saw a massive sell off in usa index. Why? hedge fund have been shorting gme since was at 20 dollars. went up to 350. They had to cover the loss of these positions + other participants are dumping profitable stock as they know who is loosing with gme had to cover the losses.

twitter: https://twitter.com/wsbmod
reddit: https://www.reddit.com/r/wallstreetbets/
Twitter: Rummer_grapes
  • #575,116
  • Jan 29, 2021 8:12am Jan 29, 2021 8:12am
Quoting parshal
{quote} yeah..but seems there is no clear momentum for bulls
parshal, depends on how we define momentum...
Attached Image (click to enlarge)
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Always trade your own plan...I don't provide trading signals.
  • #575,117
  • Jan 29, 2021 8:13am Jan 29, 2021 8:13am
  •  Rgkc
  • | Joined Dec 2010 | Status: Never stop learning about forex! | 419 Posts
Quoting Bacco
{quote} I am following them They are after Gme,Nokia, Amc, Dogecoin, silver & gold. They are squeezing the shorts of the hedge funds. In Usa they are having some problem as the are restricting the trade of the stocks mentioned. I dont want to say a bulls**t but moving the price of gold and silver they are moving the dxy too as probably the algorithm are seeing the gold getting more expensive=cheaper dollar. 2 days ago we saw a massive sell of in usa index. Why? hedge fund have been shorting gme since was at 20 dollars. went up to 350. They...
Dangerous game...
Studing..............
  • #575,118
  • Jan 29, 2021 8:16am Jan 29, 2021 8:16am
Quoting Rgkc
{quote} Dangerous game...
Im in with Nokia (4euro) and dogecoin (0.04).

I ve invested what i dont need. I ll lose it? fine.

And in any case i would be happy to go against the hedge funds. Doesnt matter what they do, they never pay.

And look now.....they are getting scared and are blocking retails from buying these stocks......this is not democracy and capitalism.
Twitter: Rummer_grapes
  • #575,119
  • Jan 29, 2021 8:17am Jan 29, 2021 8:17am
Sell @ 1.3745
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Air force
  • #575,120
  • Jan 29, 2021 8:19am Jan 29, 2021 8:19am
  •  Rgkc
  • | Joined Dec 2010 | Status: Never stop learning about forex! | 419 Posts
Quoting Bacco
{quote} Im in with Nokia (4euro) and dogecoin (0.04). I ve invested what i dont need. I ll lose it? fine. And in any case i would be happy to go against the hedge funds. Doesnt matter what they do, they never pay. And look now.....they are getting scared and are blocking retails from buying these stocks......this is not democracy and capitalism.
Yes it's true.
But the metals market is a little different from stocks and cryptos.
Studing..............
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Elody