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Cable Update (GBPUSD)

  • #463,261
  • Aug 2, 2018 9:41am Aug 2, 2018 9:41am
And GU M5 ......

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  • #463,262
  • Aug 2, 2018 9:50am Aug 2, 2018 9:50am
Attached Image (click to enlarge)
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to err is human
  • #463,263
  • Aug 2, 2018 9:58am Aug 2, 2018 9:58am
Our model says very good odds of trade down to 1.27 area in next 8 -15 sessions.
  • #463,264
  • Aug 2, 2018 10:02am Aug 2, 2018 10:02am
Quoting navk
Look like in decision candle in 4 hr. Would only buy at the lows. {image}
can you please this historical pivot indicator...i will appreciate...thanks
  • #463,265
  • Aug 2, 2018 10:16am Aug 2, 2018 10:16am
Waited for a week to reach this level, so happy we're here.
2985 is even in sight now.
Will keep selling the rallies as long as PA doesn't visit 3070-80 area.
EU's 1635 should start blocking upward momentum.
  • #463,266
  • Aug 2, 2018 11:12am Aug 2, 2018 11:12am
Quoting aa4fx
just bought 3035
I took it out now @ 3042
  • #463,267
  • Aug 2, 2018 11:48am Aug 2, 2018 11:48am
just bought the 3033
  • #463,268
  • Aug 2, 2018 12:10pm Aug 2, 2018 12:10pm
DAILY price looks supported. I am going long.
Attached Image (click to enlarge)
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  • #463,269
  • Aug 2, 2018 12:19pm Aug 2, 2018 12:19pm
Always interesting to read posts of going long while the trend is clearly bearish...... unless you are trading the pullbacks.....
Never Ever Give Up
  • #463,270
  • Aug 2, 2018 12:27pm Aug 2, 2018 12:27pm
Quoting sumar
Always interesting to read posts of going long while the trend is clearly bearish...... unless you are trading the pullbacks.....
how do you know that?
  • #463,271
  • Edited Aug 3, 2018 1:25am Aug 2, 2018 12:31pm | Edited Aug 3, 2018 1:25am
Quoting aa4fx
{quote} how do you know that?
Draw a down trendline on the daily chart and you will clearly see that since April GU have been on a down trend. We might still go down to 1.2760 and maybe even to 1.2000. Trade safe
Never Ever Give Up
  • #463,272
  • Aug 2, 2018 12:34pm Aug 2, 2018 12:34pm
Quoting sumar
{quote} Draw a down trendline on the daily chart and you will clearly see that for the last 4 days we have been on a down trend. We might still go down to 1.2760
I did not read the manual but I presume it can change, no?
I go even less than 1.2, I would like to see the parity before the eurusd will happen!
  • #463,273
  • Aug 2, 2018 12:35pm Aug 2, 2018 12:35pm
Quoting aa4fx
{quote} I did not read the manual but I presume it can change, no?
Yes, it can. Life is only perfect in manuals.....lol
Never Ever Give Up
  • #463,274
  • Aug 2, 2018 1:00pm Aug 2, 2018 1:00pm
good thing I didn't trade today, that long spike would've hit my SL. Even while it seems like there's some Short signs, don't know where it will go tomorrow (today), NFP day.
  • #463,275
  • Aug 2, 2018 1:10pm Aug 2, 2018 1:10pm
closed uj longs. will start fresh longs tomorrow.
Attached Image (click to enlarge)
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Intraday only.
  • #463,276
  • Aug 2, 2018 2:31pm Aug 2, 2018 2:31pm
I bought. 1.3022
  • #463,277
  • Aug 2, 2018 4:16pm Aug 2, 2018 4:16pm
Quoting sumar
{quote} Draw a down trendline on the daily chart and you will clearly see that for the last 4 days we have been on a down trend.

We might still go down to 1.2760 and maybe even to 1.2000. Trade safe
Excellent post.

Yep. Direction is most important.

Good entry next.

Patience!!!

And some last week posts here :

Quoting Pipmasterfx
{quote} Watch out for 1.3150 area if the market make retracement.
However i'm bearish on this pair and target 1.29 area in short term and 1.27 in medium term
Real smart guy!!
Respect.

Quoting OnlineAddict
{quote} I would bet anything we will see 3240 soon and there is nothing anyone can do about it.

Easy money...like picking it up from the street.
Oh boy

Was 3120-40 where i sold last.....

Sooooo Addictus....

How's the street....?? You pick much money???
LOL.
Attached Image (click to enlarge)
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Beware of robber banks (RB), bad advisors.
  • #463,278
  • Aug 2, 2018 5:35pm Aug 2, 2018 5:35pm
The GBPUSD drops even after the BOE raised its interest rates. The bearish momentum accelerates below the 1.3100 level, but the pair may find some support at the 1.2956 low.
  • #463,279
  • Aug 2, 2018 7:29pm Aug 2, 2018 7:29pm
Quoting masudsardar
{image}
Attached Image (click to enlarge)
Click to Enlarge Name: GBP.USD.TRADE.jpg Size: 67 KB
to err is human
  • #463,280
  • Aug 2, 2018 7:52pm Aug 2, 2018 7:52pm
Have we currently reach a bottom?

Well yes but in order to think in terms of longs we need to see the bulls find support above the average...

The bulls have support at the 1 minute level...
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