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Cable Update (GBPUSD)

  • #640,401
  • Nov 19, 2021 4:21am Nov 19, 2021 4:21am
Whats the reason for GU drop?
Is it because GBP remarks on Article 16?
  • #640,402
  • Nov 19, 2021 4:22am Nov 19, 2021 4:22am
Quoting nAVIN2007
{quote} looking for lower..this bloody trade as gone to the extreme for me..still gad I still have a fighting chance {image} {image}
Cute...
Have you trained your parrot to giv eyou signals?
Buy Navin
Sell Navin
  • #640,403
  • Nov 19, 2021 4:23am Nov 19, 2021 4:23am
Quoting Charlie
{quote} STOP

And you got plenty likes for this?

You prefer all that $3000 blown away than him helping a soul in need ?

Oh I wished a miracle happens in my life today. $1000 or $2000 I will be contended making little gains. Today's market was very very easy according to my candle
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  • #640,404
  • Nov 19, 2021 4:25am Nov 19, 2021 4:25am
Quoting Jolita
{quote} Cute... Have you trained your parrot to giv eyou signals? Buy Navin Sell Navin

not yet but he watches me trade..watch this space ..lol
  • #640,405
  • Nov 19, 2021 4:26am Nov 19, 2021 4:26am
For me , The range is getting tighter for the upper end before a drop to lower lows.

13530 top end I think and that I can’t see until next week now
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Insane in the Brain..
  • #640,406
  • Nov 19, 2021 4:28am Nov 19, 2021 4:28am
Gu goes heavy up.I wait it for buy.But i didnt expect this level.i was buying this morning,but i saw sell.i went out of buy.and i waited buy again.
  • #640,407
  • Nov 19, 2021 4:29am Nov 19, 2021 4:29am
Quoting BeeTogether
For me , The range is getting tighter for the upper end before a drop to lower lows. 13530 top end I think and that I can’t see until next week now {image}
we will back to there , so patient bro , there is something need to be taken , and it already taken , we should wait the signal for that

H1 need to close above 1.34300 ( 30 minute remaining ) , and we can see a good sign on there
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #640,408
  • Nov 19, 2021 4:29am Nov 19, 2021 4:29am
My weekend price points. No entries
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  • #640,409
  • Nov 19, 2021 4:29am Nov 19, 2021 4:29am
All the comments looking for fundamental reasons -- you can capture this whole drop on technicals alone, it was all there. Friday a big move is not uncommon on cable

Also remember GU in a downtrend and Dollar in uptrend, if you're a good trader you're looking to sell the pullbacks/highs on cable, the rapid sell off is what you're waiting for, not a surprise
  • #640,410
  • Nov 19, 2021 4:30am Nov 19, 2021 4:30am
trends on fridays are strange to me ..
maybe this drop is to get 134 a buy and move up for correction toward 136

i am still bearish for 132, 130 maybe after the correction
Attached Image (click to enlarge)
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MY OPINION NOT FINANCIAL ADVISE
  • #640,411
  • Nov 19, 2021 4:32am Nov 19, 2021 4:32am
Risky buy GU at 1.3413 expecting a pullback. Aiming to sell the rally at 1.3465 if /when she gets there. She’ll drop lower below 1.34 later on IMO
Attached Image (click to enlarge)
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Did you place your stop loss order? Why not?!? Story of my life...
  • #640,412
  • Nov 19, 2021 4:32am Nov 19, 2021 4:32am
Quoting mysterio
All the comments looking for fundamental reasons -- you can capture this whole drop on technicals alone, it was all there. Friday a big move is not uncommon on cable Also remember GU in a downtrend and Dollar in uptrend, if you're a good trader you're looking to sell the pullbacks/highs on cable, the rapid sell off is what you're waiting for, not a surprise
Right.
  • #640,413
  • Nov 19, 2021 4:35am Nov 19, 2021 4:35am
need a bounce up now. so we can sell.
  • #640,414
  • Nov 19, 2021 4:36am Nov 19, 2021 4:36am
Quoting coyoteuglyxxx
Risky buy GU at 1.3413 expecting a pullback. Aiming to sell the rally at 1.3465 if /when she gets there. She’ll drop lower below 1.34 later on IMO {image}
this is risky. good luck
  • #640,415
  • Nov 19, 2021 4:37am Nov 19, 2021 4:37am
Quoting donfriday
trends on fridays are strange to me .. maybe this drop is to get 134 a buy and move up for correction toward 136 i am still bearish for 132, 130 maybe after the correction {image}

see the daily chart I have posted
  • #640,416
  • Nov 19, 2021 4:39am Nov 19, 2021 4:39am
Ok, fixed my chart.

Took long, 1.3417, for 1.355 1st traget

monday-tuesday.
  • #640,417
  • Nov 19, 2021 4:39am Nov 19, 2021 4:39am
Quoting duve
My weekend price points. No entries {image}

i would have sold but because of mm..i had to slap myself
  • #640,418
  • Nov 19, 2021 4:40am Nov 19, 2021 4:40am
Quoting nAVIN2007
{quote} i would have sold but because of mm..i had to slap myself
I'm over here disgusted lol.
  • #640,419
  • Nov 19, 2021 4:43am Nov 19, 2021 4:43am
Quoting nAVIN2007
{quote} see the daily chart I have posted

we could continue bearish or take a bounce of 134

2 scenario is on the 4hrs chart but the overall trend still bearish...i would love to see a higher near 1.36 level

when i see fast movement on friday i often turn to around following week
Attached Image (click to enlarge)
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MY OPINION NOT FINANCIAL ADVISE
  • #640,420
  • Nov 19, 2021 4:45am Nov 19, 2021 4:45am
Quoting nAVIN2007
{quote} see the daily chart I have posted
Navin i hope you managed to escape from those sells of days ago when it was buying?
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