Cable Update (GBPUSD)
{quote} Thanks again Techanalyst Kareem Ali (sorry typo).Crystal clear now, thanks You speaks because the concept is crystal clear in your mind and so presenting the idea is near effortless to you; almost as if you were asked to read a book that is in front of you. Best Wishes & Appreciate your effort in helping me.
{quote} Gbp usd Closed... +31 added... {image} God bless everyone!
{quote} Topped up again?
{quote} GOLD Thanks Kareem........... It was 3rd October, now already 1,000 pips. Any suggestion when to cash out >? Appreciate your suggestion. Best Wishes PAT P/S This is what Gold look like if it is a human...{image}
{quote} In my most honest opinion.. this is not a relief rally as it is a trend change. Time will reveal the truth. cheers
First scenario: If market crash after breaking 1.1750, we may see possible push back to at least 1.085 and then market will turn into bullish character and fly to 1.20 Second scenario: If market crash without breaking 1.1750, we may see this market decline to 1.085 and then 1.03 is possible next target So according to my technical analysis, 1.1750 area is crucially turning point of this pair. (But it depends on Global Marco as fundamental analysis also.) Note: This is my own analysis not financial recommendation. DYOR Happy Trading Good Night
{quote} Now let me explain to you something. At the moment, as I called last week USD is tanking and I gave my reason. Now shorts have increased astronomically and look at this enormous upside. Now shorts increasing is important for price to continue to rally as shorts close their positions in a loss what do they have to do ? BUY, therefore this pushes price even further. You must understand where there is sellers there must be BUYERS , everyone is selling right now ? Cool I’m buying. Let me tell you, DO NOT be surprised if this pumps...
