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Cable Update (GBPUSD)

  • #466,901
  • Oct 25, 2018 3:35am Oct 25, 2018 3:35am
Quoting Kajos2250
{quote} i am not an EW genius but according to your count, in the ABC corrections the A waves are never equal C waves. so using some stats, and belive in your count, in this case the probability is your last c) will be longer than a)... what is the invalidation in this plan?
that count is not mine. he didn't mention where is the invalidation but I guess its not that far. he is just waiting for 1 last drop nothing serious and the rally start
  • #466,902
  • Oct 25, 2018 3:47am Oct 25, 2018 3:47am
Quoting msniper
{quote} that count is not mine. he didn't mention where is the invalidation but I guess its not that far. he is just waiting for 1 last drop nothing serious and the rally start
in this case it is only scrap!
Anything is math!
  • #466,903
  • Edited 4:37am Oct 25, 2018 4:20am | Edited 4:37am
Quoting Kajos2250
{quote} GU H4 GMT+2 bet continuation of the daily bearish compression. bearish belt hold on the H4. sell stop .2927 invalidation price closing above ~2996. targeting the missing monthly range ~2789 under the last year 50% BE ~2858. rr ~2.0 good luck! {image}
GU H4 GMT+2

weekly range is already done, lot of realization.
there is chance for extend 120%.
bearish compression on D1 calls to join.
at 50% of the previous bearish engulfing.
sell stop .2899
invalidation close above ~2942.
targeting .2811.
rr ~ 2.0

good luck!
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: GBPUSD.proWeekly.png Size: 161 KB
Anything is math!
  • #466,904
  • Oct 25, 2018 4:21am Oct 25, 2018 4:21am
From the now 1.29 I see a drop to 1.2842 where I will buy it.
I don't take the sell because is a testing thing that will make me take the buy.
  • #466,905
  • Oct 25, 2018 4:43am Oct 25, 2018 4:43am
Quoting aa4fx
From the now 1.29 I see a drop to 1.2842 where I will buy it. I don't take the sell because is a testing thing that will make me take the buy.
Hope u wrong mate im long as we speak
  • #466,906
  • Edited 6:34am Oct 25, 2018 5:07am | Edited 6:34am
Quoting breal
{quote} Hope u wrong mate im long as we speak
If this market cannot go above 1.2940 then it has no chance of heading up for now... then a pullback to 1.2900 ish or even 1.288 (less likely now) is on the cards but only IF we can go higher than 1.2940. That is the magic number.
  • #466,907
  • Oct 25, 2018 6:07am Oct 25, 2018 6:07am
Are we now ready for another push up to try for 1.2940 or is this to be another capitulation? We should know within the next hour.
  • #466,908
  • Oct 25, 2018 6:15am Oct 25, 2018 6:15am
This is the problem with Cable and all other US crosses. Waiting for a reversal of USD which is in nosebleed territory.

We might be waiting for Durable Goods announcement. If negative, that would do the trick.
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  • #466,909
  • Oct 25, 2018 7:03am Oct 25, 2018 7:03am
Quoting conglomerate
{quote} Good afternoon Sir. Where do you traveling Sir? Don't forget your coffee
After a day of travel, fell sick.

Just feeling better.

And in trading desk now.
Intraday only.
  • #466,910
  • Oct 25, 2018 7:04am Oct 25, 2018 7:04am
Took EJ long.
Intraday only.
  • #466,911
  • Oct 25, 2018 7:13am Oct 25, 2018 7:13am
Quoting navk
Took EJ long.
welcome back mate️
how your trip?
just for a cup of coffee...
  • #466,912
  • Oct 25, 2018 7:35am Oct 25, 2018 7:35am
Quoting akim0895
{quote} welcome back mate️ how your trip?
500 km up and down. During the travel, picked up some health issues.

Now feeling better.
Intraday only.
  • #466,913
  • Oct 25, 2018 7:46am Oct 25, 2018 7:46am
Good to see you back. Hope you come back to your full swing soon.
  • #466,914
  • Oct 25, 2018 8:35am Oct 25, 2018 8:35am
coffee time
  • #466,915
  • Oct 25, 2018 8:43am Oct 25, 2018 8:43am
Quoting LeongPuiy
coffee time
thx cabel
️️
just for a cup of coffee...
  • #466,916
  • Oct 25, 2018 8:47am Oct 25, 2018 8:47am
weekly S here also... but tough to buy this pig....
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDWeekly.png Size: 59 KB
Look Sharp/Trade Tight
  • #466,917
  • Oct 25, 2018 8:51am Oct 25, 2018 8:51am

dollar index now 96.60 I have a feeling around 96.64 it will be the TOP of USD for the next weeks and euro and pound will fight back. and we can see GBP back to 1.36 and euro back to 1.2


lets see if sellers hit the USD in this area or not

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  • #466,918
  • Oct 25, 2018 8:53am Oct 25, 2018 8:53am
Quoting msniper
dollar index now 96.60 I have a feeling around 96.64 it will be the TOP of USD for the next weeks and euro and pound will fight back. and we can see GBP back to 1.36 and euro back to 1.2 lets see if sellers hit the USD in this area or not {image}
Still holding for 2800-2820, and eurusd for 1300
  • #466,919
  • Oct 25, 2018 8:54am Oct 25, 2018 8:54am
Someone plz tell me 2800 is a number we will see before we head up from here? Got all my eggs in one basket like a crazy person i am
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  • #466,920
  • Oct 25, 2018 8:57am Oct 25, 2018 8:57am
Quoting msniper
dollar index now 96.60 I have a feeling around 96.64 it will be the TOP of USD for the next weeks and euro and pound will fight back. and we can see GBP back to 1.36 and euro back to 1.2 lets see if sellers hit the USD in this area or not {image}
But eurusd seem hard to reach 1300 today
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