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Cable Update (GBPUSD)

  • #637,761
  • Nov 10, 2021 5:15am Nov 10, 2021 5:15am
Quoting tiborf71
{quote} I would be very careful with the gold. there is no exploitable logic in its motion. at least it’s very hard to trade with it because it’s not just the power of the usd that affects its movement.

everytime I touch gold..i lose

Now I don't touch, Just trying to figger the mofo out
  • #637,762
  • Nov 10, 2021 5:16am Nov 10, 2021 5:16am
Still falling
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  • #637,763
  • Nov 10, 2021 5:16am Nov 10, 2021 5:16am
Quoting PatienceFx
considering the day pivot, i think i should close that short and re enter at day pivot if market goes into stop hunt mode on inflation news {image}
3500 round figure exit planned
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  • #637,764
  • Nov 10, 2021 5:17am Nov 10, 2021 5:17am
Quoting dimitricss
short 3537.. {image}
out
Attached Image (click to enlarge)
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Trade with prediction = witch with her visions lol
  • #637,765
  • Nov 10, 2021 5:18am Nov 10, 2021 5:18am
Quoting duve
Still falling {image}

what happened to your double bottom thoughts?
now it get interesting..
Attached Image (click to enlarge)
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  • #637,766
  • Nov 10, 2021 5:21am Nov 10, 2021 5:21am
Done my pips this morning, move up was a retest of asia range after frankie and london breakout convincingly, retrace was exactly 50pc on low volume to small supply created
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  • #637,767
  • Nov 10, 2021 5:21am Nov 10, 2021 5:21am
Quoting PatienceFx
{quote} 3500 round figure exit planned {image}
closed
  • #637,768
  • Nov 10, 2021 5:21am Nov 10, 2021 5:21am
Daymn this thing has dropped like a mofo! So much for 136. Unless this is a liquidity grab
Insane in the Brain..
  • #637,769
  • Nov 10, 2021 5:22am Nov 10, 2021 5:22am
Quoting nAVIN2007
{quote} everytime I touch gold..i lose Now I don't touch, Just trying to figger the mofo out
i don't trade in gold at all.
I consider it very risky. the currency pairs are easier.
  • #637,770
  • Nov 10, 2021 5:24am Nov 10, 2021 5:24am
Quoting BeeTogether
Daymn this thing has dropped like a mofo! So much for 136. Unless this is a liquidity grab

question is is the mofo gonna break the bottom or bounce at this level..?
  • #637,771
  • Nov 10, 2021 5:24am Nov 10, 2021 5:24am
Quoting tiborf71
{quote} i don't trade in gold at all. I consider it very risky. the currency pairs are easier.
GBPJPY 1 minute chart is my all time favorite
  • #637,772
  • Nov 10, 2021 5:28am Nov 10, 2021 5:28am
Quoting tiborf71
{quote} I would be very careful with the gold. there is no exploitable logic in its motion. at least it’s very hard to trade with it because it’s not just the power of the usd that affects its movement.


I had great ideas and feeling about Gold. Mine budget limited me in making trades but Gold called me several times for huge profits.



---

I just read that EverGrande did not pay their debt, maybe this caused the last movement.
  • #637,773
  • Nov 10, 2021 5:28am Nov 10, 2021 5:28am
Quoting nAVIN2007
{quote} question is is the mofo gonna break the bottom or bounce at this level..?
imagine this chart without the day pivot indicator

its pure magic where the drop stopped
Attached Image (click to enlarge)
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  • #637,774
  • Nov 10, 2021 5:29am Nov 10, 2021 5:29am
Quoting BeeTogether
Daymn this thing has dropped like a mofo! So much for 136. Unless this is a liquidity grab
If it breaks 1.35 down, I am out with a loss. One of those days.
  • #637,775
  • Nov 10, 2021 5:31am Nov 10, 2021 5:31am
  • #637,776
  • Nov 10, 2021 5:32am Nov 10, 2021 5:32am
Quoting Ihlas
Trade with prediction = witch with her visions lol
  • #637,777
  • Nov 10, 2021 5:34am Nov 10, 2021 5:34am
A bounce back from 135 might move us upto 13550. Also depends on if the drop was to coincide with red sticker data soon
Insane in the Brain..
  • #637,778
  • Nov 10, 2021 5:36am Nov 10, 2021 5:36am
with the inflation report already priced in by both euro and gbp

i am safer shutting down my pc and going to sleep ; the news may see some very bad spikes
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  • #637,779
  • Nov 10, 2021 5:43am Nov 10, 2021 5:43am
USDCHF is strong but at the daily resistance now. I wonder if Evergrande talk gives push to USD, if that is the case than the resistance might not hold.
  • #637,780
  • Nov 10, 2021 5:43am Nov 10, 2021 5:43am
Quoting PatienceFx
with the inflation report already priced in by both euro and gbp i am safer shutting down my pc and going to sleep ; the news may see some very bad spikes {image}
wise attitude.
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