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Cable Update (GBPUSD)

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  • Post #484,501
  • Quote
  • Jul 12, 2019 4:58am Jul 12, 2019 4:58am
  •  Bones
  • Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 19,366 Posts
good people take interest in the passion, and honesty
Quoting Coreg2004
Disliked
{quote} Moty, nicely done...congrats. Now you have to repeat today's performance at least 50 times...GU reached textbook objective for today. {image}
Ignored
make Forex Factory great again
2
  • Post #484,502
  • Quote
  • Jul 12, 2019 5:16am Jul 12, 2019 5:16am
  •  mbrown
  • | Commercial Member | Joined May 2015 | 2,849 Posts
Quoting Bones
Disliked
I do believe it, that really surprises me people are lazy I guess is my conclusion {quote}
Ignored
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.
I am an intraday Pitchfork trader.
  • Post #484,503
  • Quote
  • Jul 12, 2019 5:22am Jul 12, 2019 5:22am
  •  Isensefx
  • | Joined Apr 2018 | Status: Member | 52 Posts
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.
2
  • Post #484,504
  • Quote
  • Jul 12, 2019 5:23am Jul 12, 2019 5:23am
  •  mbrown
  • | Commercial Member | Joined May 2015 | 2,849 Posts
Quoting Isensefx
Disliked
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.
Ignored

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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I am an intraday Pitchfork trader.
  • Post #484,505
  • Quote
  • Jul 12, 2019 5:31am Jul 12, 2019 5:31am
  •  elbert3
  • Joined Dec 2013 | Status: Member | 15,183 Posts
Quoting mbrown
Disliked
{quote} The D1 Pitchfork agrees. The H1 Pitchfork etagrees. The M30 Pitchfork agrees. The M15 Pitchfork agrees. {image} {image} {image} {image}
Ignored
Yes hence the drop 2570 2550 and now let’s see if it takes out 2520 for another level or will it hold . Questions we have to keep in mind Regards E
2
  • Post #484,506
  • Quote
  • Jul 12, 2019 5:42am Jul 12, 2019 5:42am
  •  Marcieny
  • Joined Jan 2019 | Status: "Ideas stimulate the mind" | 2,975 Posts
has divergent support going back to LTA
" intelligent is one who does not get tired of learning". Socrates
  • Post #484,507
  • Quote
  • Jul 12, 2019 5:42am Jul 12, 2019 5:42am
  •  Moty
  • Joined Dec 2017 | Status: Member | 6,548 Posts
are you ready ?
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STACK'EM , STACK'EM , To the top! that's right !
  • Post #484,508
  • Quote
  • Jul 12, 2019 5:43am Jul 12, 2019 5:43am
  •  Zorrander
  • | Joined Jun 2019 | Status: Member | 232 Posts
If break 2519 it would be bearish today.. but if not break the cable will be fly ..
1
  • Post #484,509
  • Quote
  • Jul 12, 2019 5:47am Jul 12, 2019 5:47am
  •  Marcieny
  • Joined Jan 2019 | Status: "Ideas stimulate the mind" | 2,975 Posts
I'm in H8 or maybe this is the real lta we'll find out.
" intelligent is one who does not get tired of learning". Socrates
  • Post #484,510
  • Quote
  • Jul 12, 2019 5:54am Jul 12, 2019 5:54am
  •  WhipKream
  • | Joined Nov 2018 | Status: Member | 127 Posts
Quoting Moty
Disliked
are you ready ? {image} {image} {image}
Ignored
Licking my chops, but I think it has to go to 1.2507 first.
  • Post #484,511
  • Quote
  • Jul 12, 2019 5:54am Jul 12, 2019 5:54am
  •  fontu
  • Joined Mar 2008 | Status: Name real with real own way | 15,700 Posts
Just update, done for long, to wait now to see.
https://www.forexfactory.com/showthr...4#post12378794
  • Post #484,512
  • Quote
  • Jul 12, 2019 5:59am Jul 12, 2019 5:59am
  •  ganam
  • | Joined Feb 2012 | Status: Member | 739 Posts
1.2510 is first target to me..
follow the flow of music $
  • Post #484,513
  • Quote
  • Jul 12, 2019 6:04am Jul 12, 2019 6:04am
  •  Zorrander
  • | Joined Jun 2019 | Status: Member | 232 Posts
Quoting ganam
Disliked
1.2510 is first target to me..
Ignored
Chargeee
  • Post #484,514
  • Quote
  • Jul 12, 2019 6:05am Jul 12, 2019 6:05am
  •  Theoak
  • Joined Apr 2019 | Status: Member | 2,770 Posts
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!!!
Play it by beer!!!
  • Post #484,515
  • Quote
  • Jul 12, 2019 6:10am Jul 12, 2019 6:10am
  •  elbert3
  • Joined Dec 2013 | Status: Member | 15,183 Posts
Quoting elbert3
Disliked
{quote} Yes hence the drop 2570 2550 and now let’s see if it takes out 2520 for another level or will it hold . Questions we have to keep in mind Regards E
Ignored
Phew 1 pip . Let’s see now if it goes higher to take out a top level
  • Post #484,516
  • Quote
  • Jul 12, 2019 6:12am Jul 12, 2019 6:12am
  •  Marcieny
  • Joined Jan 2019 | Status: "Ideas stimulate the mind" | 2,975 Posts
I hope the handling in Eur / Gbp has ended .... and the buyers there give up ...
bears have been there for years
" intelligent is one who does not get tired of learning". Socrates
1
  • Post #484,517
  • Quote
  • Jul 12, 2019 6:12am Jul 12, 2019 6:12am
  •  Wavegarrick
  • Joined Sep 2017 | Status: Member | 824 Posts
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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Trade to Trade another day.
3
  • Post #484,518
  • Quote
  • Jul 12, 2019 6:12am Jul 12, 2019 6:12am
  •  elbert3
  • Joined Dec 2013 | Status: Member | 15,183 Posts
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has it just broke that tl we can see the wicks ??
  • Post #484,519
  • Quote
  • Jul 12, 2019 6:22am Jul 12, 2019 6:22am
  •  ganam
  • | Joined Feb 2012 | Status: Member | 739 Posts
bears waiting for the fuel...USD data will pull the trigger to down!!!
follow the flow of music $
  • Post #484,520
  • Quote
  • Jul 12, 2019 6:31am Jul 12, 2019 6:31am
  •  PayTheLimit
  • Joined Aug 2009 | Status: Ride the Pig | 30,836 Posts
maybe some S at 1.2505, perhaps we head down to test it....
Look Sharp/Trade Tight
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