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Cable Update (GBPUSD)

  • #640,521
  • Nov 19, 2021 9:52am Nov 19, 2021 9:52am
this thing is up down like a mofo today..i see the room is not as packed, hope folks are not getting killed..
  • #640,522
  • Nov 19, 2021 9:54am Nov 19, 2021 9:54am
Quoting birdland
{quote} 1.3410 is last important supportline for me;-) {image}
as expected, 1.3410 was holding;-)
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 50 KB
trading is like dancing, don't think and just listen to the music!
  • #640,523
  • Nov 19, 2021 10:02am Nov 19, 2021 10:02am
Quoting Bogdanoff
{image}next week time for the bull?
Nah not yet

Expect another cycle down

GU can get to around 1.3150-1.33 sort of area

DXY up to 97

Then bull

I see there's compression on 15m up to the flipzone/SBR-- another tumble down ?
  • #640,524
  • Nov 19, 2021 10:09am Nov 19, 2021 10:09am
Quoting nAVIN2007
this thing is up down like a mofo today..i see the room is not as packed, hope folks are not getting killed..
1.352 to 1.36 areas before the expected crash to 1.32
  • #640,525
  • Nov 19, 2021 10:12am Nov 19, 2021 10:12am
Quoting Nd10
{quote} 1.352 to 1.36 areas before the expected crash to 1.32
technically if we see 1.36 that's a sign of reversal
  • #640,526
  • Nov 19, 2021 10:18am Nov 19, 2021 10:18am
Quoting Nd10
{quote} 1.352 to 1.36 areas before the expected crash to 1.32
I dont think it can break 1.3550 man

crash incoming

anything can happen etc, i dont really like forecasting but do it anyway
  • #640,527
  • Nov 19, 2021 10:23am Nov 19, 2021 10:23am
Quoting nAVIN2007
{quote} technically if we see 1.36 that's a sign of reversal
Can you explain this, is it because it's making a HL and HH on H4?
  • #640,528
  • Nov 19, 2021 10:29am Nov 19, 2021 10:29am
13530 - 50 is my tip for top end of any retrace before the falls out of cables butt
Insane in the Brain..
  • #640,529
  • Nov 19, 2021 10:31am Nov 19, 2021 10:31am
Aaah man another setback woke up n saw huge loss n back to starting point again…. Its like 4k equity is a big resistance to break….. two times this week had huge losses at that point like making it a double top…. Hopefully will get my shit together n break that level next week…. Now starting equity is 270$ let see ….
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Extreme gut feeling trader
  • #640,530
  • Nov 19, 2021 10:41am Nov 19, 2021 10:41am
Quoting Waveskierrob
Gone LONG 1.3512 no tp no sl
Closed LONG 1.3470 - 42 pips that's minus
  • #640,531
  • Nov 19, 2021 10:45am Nov 19, 2021 10:45am
Quoting nAVIN2007
{quote} technically if we see 1.36 that's a sign of reversal
Not at all Nav. Once 1.36 doesn't break, which leads to failure swing, it will do not less than 250 pips down.
  • #640,532
  • Nov 19, 2021 10:47am Nov 19, 2021 10:47am
Quoting mysterio
{quote} I dont think it can break 1.3550 man crash incoming anything can happen etc, i dont really like forecasting but do it anyway
That's why i forecast that range bro. At that height, constant sells. That is my opinion
  • #640,533
  • Nov 19, 2021 10:49am Nov 19, 2021 10:49am
Quoting montygoldy
Aaah man another setback woke up n saw huge loss n back to starting point again…. Its like 4k equity is a big resistance to break….. two times this week had huge losses at that point like making it a double top…. Hopefully will get my shit together n break that level next week…. Now starting equity is 270$ let see …. {image}
From 3k Usd?
  • #640,534
  • Nov 19, 2021 10:51am Nov 19, 2021 10:51am
Quoting Waveskierrob
{quote} Closed LONG 1.3470 - 42 pips that's minus
And a pip is £1 right? This week isn't yours yea
  • #640,535
  • Nov 19, 2021 10:52am Nov 19, 2021 10:52am
Quoting Nd10
{quote} And a pip is £1 right? This week isn't yours yea
lol. are you joking? he is trading big lots, he is elite trader.
  • #640,536
  • Nov 19, 2021 10:53am Nov 19, 2021 10:53am
Quoting mysterio
{quote} Can you explain this, is it because it's making a HL and HH on H4?
I guess its 4H he is using to analyze that at the immediate high is at 1.3608 or so. Infact if it gets there, heavy sell follows for me with maybe sl around 1.37 area and tp towards 1.33 to 1.325
  • #640,537
  • Nov 19, 2021 10:54am Nov 19, 2021 10:54am
Quoting Nd10
{quote} From 3k Usd?
Hmm 3.4k+ if i remember correctly
Extreme gut feeling trader
  • #640,538
  • Nov 19, 2021 10:55am Nov 19, 2021 10:55am
Quoting Nd10
{quote} And a pip is £1 right? This week isn't yours yea
Yes £1 a pip but have closed trades in profit for this week but still underwater 14 x SHORTS
  • #640,539
  • Nov 19, 2021 10:56am Nov 19, 2021 10:56am
Quoting genadi
{quote} lol. are you joking? he is trading big lots, he is elite trader.
No Nd10 is right £1 a pip " steady drip fills the bucket"
  • #640,540
  • Nov 19, 2021 10:59am Nov 19, 2021 10:59am
Quoting Waveskierrob
{quote} No Nd10 is right £1 a pip " steady drip fills the bucket"
but you are opening 100 same positions on the same price
just like Pat does
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