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-   -   Cable Update (GBPUSD) (https://www.forexfactory.com/showthread.php?t=10378)

Bones Jul 12, 2019 4:58am | Post# 484501

good people take interest in the passion, and honesty
{quote} Moty, nicely done...congrats. Now you have to repeat today's performance at least 50 times...GU reached textbook objective for today. {image}

mbrown Jul 12, 2019 5:16am | Post# 484502

I do believe it, that really surprises me people are lazy I guess is my conclusion {quote}
I still love the top down the analysis by the way, that won't change.

I've opted for the lazy route to profits, I've abandoned precision in favour of diversification, probability and small position grid averaging. Seems to be a very relaxing way to make profits, nice and boring! If I ever get caught in an averaging hole then I'll flip open the charts. However, that will be few and very far between.

Isensefx Jul 12, 2019 5:22am | Post# 484503

I foresee a selloff: price action at 200 EMA and price still remained under 200 EMA. those on buys should caution and use SL or money management.

mbrown Jul 12, 2019 5:23am | Post# 484504

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I foresee a selloff: price action at 200 EMA and price still remained under 200 EMA. those on buys should caution and use SL or money management.

The D1 Pitchfork agrees.

The H1 Pitchfork agrees.

The M30 Pitchfork agrees.

The M15 Pitchfork agrees.

The M5 Pitchfork agrees but suggests touch of 2531 then down.
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elbert3 Jul 12, 2019 5:31am | Post# 484505

{quote} The D1 Pitchfork agrees. The H1 Pitchfork etagrees. The M30 Pitchfork agrees. The M15 Pitchfork agrees. {image} {image} {image} {image}
Yes hence the drop 2570 2550 and now letís see if it takes out 2520 for another level or will it hold . Questions we have to keep in mind Regards E

Marcieny Jul 12, 2019 5:42am | Post# 484506

has divergent support going back to LTA

Moty Jul 12, 2019 5:42am | Post# 484507

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are you ready ?
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Zorrander Jul 12, 2019 5:43am | Post# 484508

If break 2519 it would be bearish today.. but if not break the cable will be fly ..

Marcieny Jul 12, 2019 5:47am | Post# 484509

I'm in H8 or maybe this is the real lta we'll find out.

WhipKream Jul 12, 2019 5:54am | Post# 484510

are you ready ? {image} {image} {image}
Licking my chops, but I think it has to go to 1.2507 first.

fontu Jul 12, 2019 5:54am | Post# 484511

Just update, done for long, to wait now to see.
https://www.forexfactory.com/showthr...4#post12378794

ganam Jul 12, 2019 5:59am | Post# 484512

1.2510 is first target to me..

Zorrander Jul 12, 2019 6:04am | Post# 484513

1.2510 is first target to me..
Chargeee

Theoak Jul 12, 2019 6:05am | Post# 484514

long in at 1.2536 ---target 30 pips
Not an in and out trade, so not upset thread!

I'm a scalper, but I will go for the 30 pips!!!

elbert3 Jul 12, 2019 6:10am | Post# 484515

{quote} Yes hence the drop 2570 2550 and now letís see if it takes out 2520 for another level or will it hold . Questions we have to keep in mind Regards E
Phew 1 pip . Letís see now if it goes higher to take out a top level

Marcieny Jul 12, 2019 6:12am | Post# 484516

I hope the handling in Eur / Gbp has ended .... and the buyers there give up ...
bears have been there for years

Wavegarrick Jul 12, 2019 6:12am | Post# 484517

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Hi Guys,
From my standpoint Gu trapped in a symmetrical triangle as per my hourly chart, still indecision. Iffy at the moment.
Cheers
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elbert3 Jul 12, 2019 6:12am | Post# 484518

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ganam Jul 12, 2019 6:22am | Post# 484519

bears waiting for the fuel...USD data will pull the trigger to down!!!

PayTheLimit Jul 12, 2019 6:31am | Post# 484520

maybe some S at 1.2505, perhaps we head down to test it....


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