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Cable Update (GBPUSD)

  • #575,361
  • Feb 1, 2021 2:30am Feb 1, 2021 2:30am
Some important areas are marked. I am still favoring bears hence bull power is limited in majors. However, Confirmation needed to go short.
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Fools Rushing
  • #575,362
  • Feb 1, 2021 2:30am Feb 1, 2021 2:30am
Quoting KiwiTrada
{quote} bull has poked her nose in swissy magenta magic zone :-) if gets through we are in for a very nice eu dump?
she has poked her nose through this could be big, very very big, pierce only but its a start:-)
If you are new to Forex? Say Goodbye to your account!!
  • #575,363
  • Feb 1, 2021 2:32am Feb 1, 2021 2:32am
... 1hr below shows the current pot res/supp zones @ play...you wonder how much more supply @ that zone to 3759 if tested again?
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Trader with an Edge.
  • #575,364
  • Feb 1, 2021 2:33am Feb 1, 2021 2:33am
the drop is coming , but wait for bullish candle and sell the break of last hourly low
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yes yes yes
  • #575,365
  • Feb 1, 2021 2:39am Feb 1, 2021 2:39am
Quoting knkie
GBPUSD && Gold both bullish on monday
bull day
buy the dips

the reddits are driving up silver and xrp as promised btw.
the banks are massively short on silver so this could be a historic day.
in wondering about yourself, you forgot what you came here to be part of
  • #575,366
  • Feb 1, 2021 2:43am Feb 1, 2021 2:43am
FYI - Gold is failing to make new highs people. Looking good for short. keep watching for confirmation.. Is it another short squeeze along with silver ???
Fools Rushing
  • #575,367
  • Feb 1, 2021 2:43am Feb 1, 2021 2:43am
...probably the best 'leading indicator' in technical trading is oscillator divergence from price (but maybe not as good as the chart adjusting to the top or bottom to allow more space to rise/fall into, lol! - it seems to know!) A bit of a generalisation actually - not all divergences are created equal.
Trader with an Edge.
  • #575,368
  • Feb 1, 2021 2:47am Feb 1, 2021 2:47am
Quoting knkie
{quote} bull day buy the dips the reddits are driving up silver and xrp as promised btw. the banks are massively short on silver so this could be a historic day.
It was historic weekend, this is just follow through, finally the power of retailers has been realised, fuk the big boys they have screwed us over enough
If you are new to Forex? Say Goodbye to your account!!
  • #575,369
  • Feb 1, 2021 2:51am Feb 1, 2021 2:51am
Quoting KiwiTrada
{quote} It was historic weekend, this is just follow through, finally the power of retailers has been realised, fuk the big boys they have screwed us over enough
agree im all for sticking it to the big boys.
but if the banks are trillions short on silver as is being rumoured, then they will fail and alot of little guys will lose their savings.
in wondering about yourself, you forgot what you came here to be part of
  • #575,370
  • Edited 3:03am Feb 1, 2021 2:52am | Edited 3:03am
silver is going exponential
wonder what it will look like at 2 pm gmt

lol
in wondering about yourself, you forgot what you came here to be part of
  • #575,371
  • Feb 1, 2021 2:52am Feb 1, 2021 2:52am
Quoting KiwiTrada
{quote} your chart shows compression @ resistance below 4hr Inside Bar pattern {image}

3757 almost to the pip :-)
If you are new to Forex? Say Goodbye to your account!!
  • #575,372
  • Edited 3:35am Feb 1, 2021 3:05am | Edited 3:35am
Quoting knkie
{quote} agree im all for sticking it to the big boys. but if the banks are trillions short on silver as is being rumoured, then they will fail and alot of little guys will lose their savings.
I don't know about other countries but I do know that 90% of US residents don't have enough savings to begin with anyway.
Those who do (and I'm assuming are money-savvy since I know 6 of them personally) probably would've diversified their holdings into precious metals back in 2016....
Lost....
  • #575,373
  • Feb 1, 2021 3:05am Feb 1, 2021 3:05am
Quoting Theoak
{quote} First long 1.3734 +14 pips 2nd 1.3736 +12 pips 3rd 1.3736 + 12 pips 4th 1.3737+ 11 pips OUT and going to have a nap now {image} {image} {image}
Another +10 pips
I'd say if more of this bear power got to be looking at 1.3700
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Don't trade what you think. Just what you see!!!
  • #575,374
  • Feb 1, 2021 3:06am Feb 1, 2021 3:06am
i am in
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yes yes yes
  • #575,375
  • Feb 1, 2021 3:07am Feb 1, 2021 3:07am
Quoting DailyChart
{quote} Insya allah
DC the main man!!!! How's the millions????
Don't trade what you think. Just what you see!!!
  • #575,376
  • Feb 1, 2021 3:08am Feb 1, 2021 3:08am
...downside breech of the steepest 1hr/4hr ascending t/line - price testing top of a prev 1hr sw hi zone = prev res = pot [potential] rbs [res becomes supp] now.

1hr below.
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Trader with an Edge.
  • #575,377
  • Feb 1, 2021 3:10am Feb 1, 2021 3:10am
Quoting gespiri
{quote} I don't know about other countries but I do know that 90% of US residents don't have enough savings to begin with anyway. Those to do (and I'm assuming are money-savy since I know 6 of them personally) probably would've diversified their holdings into precious metals back in 2016....
yes americans are poor nowadays.
But europeans are still rich.

During the corona lockdowns, instead of vacations and shopping, europeans have been saving.
In the Netherlands alone, 42 billion was put into savings accounts in the just the last year.
in wondering about yourself, you forgot what you came here to be part of
  • #575,378
  • Feb 1, 2021 3:11am Feb 1, 2021 3:11am
time to buy

long 3725
in wondering about yourself, you forgot what you came here to be part of
  • #575,379
  • Feb 1, 2021 3:14am Feb 1, 2021 3:14am
Quoting MTF Test
FYI - Gold is failing to make new highs people. Looking good for short. keep watching for confirmation.. Is it another short squeeze along with silver ???
IMO, Gold will goes to south due to Inverted Flag but for sure i could be wrong .
Suro Diro Joyoningrat Lebur Dening Pangastuti
  • #575,380
  • Feb 1, 2021 3:17am Feb 1, 2021 3:17am
All indi in buy mode..carefull seller set stoplose other buyer..
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