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Cable Update (GBPUSD)

  • #473,581
  • Jan 14, 2019 5:57am Jan 14, 2019 5:57am
Quoting tatianah
{quote} TP!! \ (•◡•) /

Grats!!! I closed my longs too fast before the 2nd spike
  • #473,582
  • Jan 14, 2019 6:39am Jan 14, 2019 6:39am
If we get a hard Brexit or soft Brexit, I expect to see GBP south.

What are your expectations?
  • #473,583
  • Jan 14, 2019 8:02am Jan 14, 2019 8:02am
If a vote of no confidence against the gouv is tabled it will plummet. Corbyn a much bigger risk to the UK economy then brexit.
  • #473,584
  • Edited 12:32pm Jan 14, 2019 8:16am | Edited 12:32pm
controlled cord traction is not the way of this play , market big players shy of of playing first . ok though as in enough high position to absorb to 400 pips + downside & 250 pips upside without much changing present PA and as it may not enough still looking further up with limited time left. so still looking for further up for better position at above last leg up 1.2817 ok or 1.2774/2708 but in again bear mode .very difficult playing !!all the same almost previous analysis only added difficulty in the play !! usdx to tank to bull ok !!
similarly eurusd failing correction up from 1.1456/49 to down correction towards 1.1400_ to ready bull , so it may last time can bull at or above 1.1400( even this 1448 sr ) towards top & more 1.1626 /1733 if any possible . presently it may be at the middle( 240/240 pips ) of range may able absorb without much changes !!

no time to all pa play , do or die , correct down or not may bull to ready brexit at some top formula!
take care

update
brexit tank areas 1 got , long closed as set 2921, short activated . ok it may go further up to 1.2970/3070 but me not take long position over 2926. eu go tp 1482/ 1500 set & to see how much it can bull next day as good brexit level still to come
Attached Image(s) (click to enlarge)
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #473,585
  • Jan 14, 2019 9:01am Jan 14, 2019 9:01am
Quoting blaze1
{quote} Grats!!! I closed my longs too fast before the 2nd spike
thanks! (✿◠‿◠)
  • #473,586
  • Jan 14, 2019 12:28pm Jan 14, 2019 12:28pm
Usdx future chart update, still to bear to get support. gu, eu to bull one more time to tank /with brexit next day!!
Attached Image
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #473,587
  • Jan 14, 2019 12:30pm Jan 14, 2019 12:30pm
Quoting chess king
BUT ...if new LL for me cancel this senary. Best RR BUY bellow 1.258x {image}
good one . target 1.292x done
  • #473,588
  • Jan 14, 2019 1:58pm Jan 14, 2019 1:58pm
Quoting renkotop
If we get a hard Brexit or soft Brexit, I expect to see GBP south. What are your expectations?
the chart has spoken to you, hehe, I don't know where it will go, just the limit level movement that I know, MA as my navigation and BB as my dynamic S&R, the confirmation by MTF.
  • #473,589
  • Jan 14, 2019 4:24pm Jan 14, 2019 4:24pm
Meh I’ll check back tomorrow with an update
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  • #473,590
  • Jan 14, 2019 6:41pm Jan 14, 2019 6:41pm
Technically speaking, monthly and weekly points to 1.24 and below on last waves down.
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  • #473,591
  • Jan 14, 2019 8:15pm Jan 14, 2019 8:15pm
Quoting renkotop
If we get a hard Brexit or soft Brexit, I expect to see GBP south. What are your expectations?
I think GBP has been undervalued for some time, so, at the risk of sounding like the Wall Street guys, it could be priced in. If the vote comes out bad, I expect a moderately big southwards move but a rally to follow suit very shortly. USD is still weak, be it coming from the shutdown or on a seasonal basis.
  • #473,592
  • Edited 10:29pm Jan 14, 2019 9:28pm | Edited 10:29pm
Quoting MarinaBanker
{quote} I think GBP has been undervalued for some time, so, at the risk of sounding like the Wall Street guys, it could be priced in. If the vote comes out bad, I expect a moderately big southwards move but a rally to follow suit very shortly. USD is still weak, be it coming from the shutdown or on a seasonal basis.
Hope exactly. Crazily afloat at top, ready for brexit news, limit down 1.2880/5 to further top if continue for 2970/3070 optional levels in news time spike even ok. Usdx not corrected to tl to start jump yet but maturing. Still to check for news /vote timing!! Take care
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #473,593
  • Jan 14, 2019 10:41pm Jan 14, 2019 10:41pm
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD_e,Daily.jpg Size: 528 KB

This pair already retraced and could possibly be headed to the upperside.
  • #473,594
  • Jan 14, 2019 11:43pm Jan 14, 2019 11:43pm
Quoting Prisha
{image} This pair already retraced and could possibly be headed to the upperside.
True as per chart but the size catastrophe coming today we not know , may within context of the last leg down 500+pips to even bear continue all possible before restart bull from present or new bottom !!
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #473,595
  • Jan 15, 2019 12:35am Jan 15, 2019 12:35am
Quoting Georginson
{quote} I observed this from price behaviour which has been consistent from 2014. Whenever the rate moves away from opening price by 120 pips or more and returns to the opening price, it means reversal is imminent. This January price opened at 1.2735 and slid to 1.2440 (295 pips below opening price) then it has made its way back to the opening price. This will open a bullish movement to 1.2970 - 1.3000 region. Simply price behaviour irrespective of fundamental noises.
Just 40 pips away from the projected 1.2970. Spot on!
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  • #473,596
  • Jan 15, 2019 1:41am Jan 15, 2019 1:41am
Looks good for short. Break of 1.28900 support plus divergence.
  • #473,597
  • Jan 15, 2019 2:27am Jan 15, 2019 2:27am
watching if 1.2852/17 supports play for bull play still , to top or moire before tanking brexit !
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #473,598
  • Jan 15, 2019 2:48am Jan 15, 2019 2:48am
Hit my scalper target yesterday

≧◠‿◠≦✌

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  • #473,599
  • Edited 3:27am Jan 15, 2019 3:07am | Edited 3:27am
Quoting tedrickyu
Looks good for short. Break of 1.28900 support plus divergence.
A strong break below 1.28600 will be massive for bears imo.
  • #473,600
  • Jan 15, 2019 3:25am Jan 15, 2019 3:25am
Wonder where are all the bears. Perhaps hidden in the bushes
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