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Cable Update (GBPUSD)

  • #500,841
  • Oct 24, 2019 3:40am Oct 24, 2019 3:40am
It has failed at 2950 Daily R1.

Now look for daily S2 around 2812 today
Intraday only.
  • #500,842
  • Oct 24, 2019 3:41am Oct 24, 2019 3:41am
Eu news at 9.30 could of been the cause of the drop
  • #500,843
  • Oct 24, 2019 3:44am Oct 24, 2019 3:44am
Quoting elbert3
Eu news at 9.30 could of been the cause of the drop
Nope, GU was way weaker than EU and started dropping almost immediately after London open. Nothing surprising, really. Until people here keep buying these levels, I am staying short.
Everyone can see the chart, but only a few can actually read it.
  • #500,844
  • Oct 24, 2019 3:47am Oct 24, 2019 3:47am
let's hope there wont be brexit farts on twitter today so GU keeps going down smoothly
  • #500,845
  • Oct 24, 2019 3:52am Oct 24, 2019 3:52am
Quoting OnlineAddict
{quote} Nope, GU was way weaker than EU and started dropping almost immediately after London open. Nothing surprising, really. Until people here keep buying these levels, I am staying short.
Attached Image (click to enlarge)
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that should be the look
  • #500,846
  • Oct 24, 2019 3:57am Oct 24, 2019 3:57am
1.3 level contains a lot of Supply. That is why we have a Sequence of signs of weakness (marked on chart). Despite the latest EVRB have to produce some support for market, the decline toward the targets 1 and/or 2
Attached Image (click to enlarge)
Click to Enlarge Name: EQAb6VV.png Size: 173 KB
Oleg Alexandrov, market analyst. Find me in Google
  • #500,847
  • Oct 24, 2019 4:02am Oct 24, 2019 4:02am
Quoting Ill-b-back
{quote} Looking left, I'm thinking bear today Bull tomorrow {image} {image} {image} {image}
A 4hr close below 1.29.
Could short now or on a 1.29 retest.
Good for a few I think...
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH4.png Size: 22 KB
Come with me if you want to live....
  • #500,848
  • Oct 24, 2019 4:06am Oct 24, 2019 4:06am
Forgot my hybrid...



Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH4.png Size: 22 KB
Come with me if you want to live....
  • #500,849
  • Oct 24, 2019 4:08am Oct 24, 2019 4:08am
I see prices reacted at a m30/h1 close tl set at 2874, will wait it breaks & close below nxt that level , 2877 be enough though!try pullback 2907! next support goes to 2816.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDM30.png Size: 37 KB
Click to Enlarge Name: GBPUSDH4.png Size: 33 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #500,850
  • Oct 24, 2019 4:46am Oct 24, 2019 4:46am
I had that marked wrong should have been top of the original gap
yesterday candle is bullish,
the day before bearish ,
price is trapped ,

Quoting Bones
{quote}{image}
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD-1-hour.png Size: 28 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #500,851
  • Oct 24, 2019 4:49am Oct 24, 2019 4:49am
is this uncertainty before brexit ? no clear position where price is headed
  • #500,852
  • Edited 6:03am Oct 24, 2019 4:55am | Edited 6:03am
Quoting vickytej2301
is this uncertainty before brexit ? no clear position where price is headed
No, not when the NZD,AUD and CAD is feeling it...this is a stronger dollar.
Charts don't drive price, market conditions drive price...
  • #500,853
  • Oct 24, 2019 4:57am Oct 24, 2019 4:57am
Quoting elbert3
. good job nobody reads them lol
lol
Look Sharp/Trade Tight
  • #500,854
  • Oct 24, 2019 5:03am Oct 24, 2019 5:03am
my little experience..we gonna have some up and down move....the major retracement of gu to the down side of 1.27 1.25 will happen next month...
MY OPINION NOT FINANCIAL ADVISE
  • #500,855
  • Oct 24, 2019 5:15am Oct 24, 2019 5:15am
Buying GU for a new high around 1.287x almost there now......Enjoy!
Dont be fool by the newbie badge....older here...older in the biz.
  • #500,856
  • Oct 24, 2019 5:22am Oct 24, 2019 5:22am
Attached Image (click to enlarge)
Click to Enlarge Name: eu.png Size: 35 KB
Attached Image (click to enlarge)
Click to Enlarge Name: GU.png Size: 49 KB
yes yes yes
  • #500,857
  • Oct 24, 2019 5:47am Oct 24, 2019 5:47am
Quoting PayTheLimit
{quote} lol
Now pay thank you at least somebody does lol
  • #500,858
  • Oct 24, 2019 5:52am Oct 24, 2019 5:52am
e new up spike is comming maybe for 1.2946?
  • #500,859
  • Oct 24, 2019 5:54am Oct 24, 2019 5:54am
Quoting Tekin
e new up spike is comming maybe
what do you base that on?
Don't Leave Money on the Table
  • #500,860
  • Oct 24, 2019 6:00am Oct 24, 2019 6:00am
Quoting HaLBot
{quote} what do you base that on?
blue pill
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