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Cable Update (GBPUSD)

  • #481,741
  • Jun 19, 2019 11:35am Jun 19, 2019 11:35am
this weekly looks false to me,
btw you can't change a daily on the day after a certain point

Quoting Bones
we can look at $ individually and know its $ driven and that's a major level maybe the tl is off slightly {image}
Attached Image (click to enlarge)
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #481,742
  • Jun 19, 2019 11:35am Jun 19, 2019 11:35am
I can post this chart with very high confidence

Quoting Bones
maybe on or above that number today, it failed to break the monthly and range {quote} {image}
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #481,743
  • Jun 19, 2019 11:37am Jun 19, 2019 11:37am
it's now +108 on the day, that's a threshold in recent cable pa, you don't fight it on the day

Quoting Bones
d1 is +66 right now that's a major number it came off Labour is talking about moving policy to ref on any deal, also back bojo yesterday on tv seemed to soften stance, the current outlook is in that same range Then USD itself is at a major level
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #481,744
  • Jun 19, 2019 11:51am Jun 19, 2019 11:51am
Quoting Moty
H1 {image}
you have short holding... ....PA is going up only atleast a level 1.27
follow the flow of music $
  • #481,745
  • Jun 19, 2019 12:12pm Jun 19, 2019 12:12pm
The likelihood of getting to 1.2700 before the market closes today is remote so there could be a correction of the upward move done today and yesterday before any upward movement can be seen. Beside , it is too early to conclude that the cable bias has shifted to bullish trend
With patience and discipline,you move beyond the sky
  • #481,746
  • Jun 19, 2019 12:18pm Jun 19, 2019 12:18pm
gu + dx d1
Attached Image(s) (click to enlarge)
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yes yes yes
  • #481,747
  • Jun 19, 2019 12:37pm Jun 19, 2019 12:37pm
I see divergences on stochastics and rsi oscillators. This means that GBP / USD can still move briskly up against the trend. Now GBP / USD rests on the Tenkan line, which is resistance. Probably should consider this level as a key one. Maybe tomorrow we should try to buy from the rollback, but near this level move the stop loss closer to move.
Daily
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  • #481,748
  • Jun 19, 2019 12:42pm Jun 19, 2019 12:42pm
I closed all longs at 1.2657-60,now wait hope did all well
  • #481,749
  • Jun 19, 2019 12:56pm Jun 19, 2019 12:56pm
short 1.2649
Don't trade what you think. Just what you see!!!
  • #481,750
  • Jun 19, 2019 1:08pm Jun 19, 2019 1:08pm
5m
Attached Image (click to enlarge)
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yes yes yes
  • #481,751
  • Jun 19, 2019 1:10pm Jun 19, 2019 1:10pm
The message was clear, the question is how long does it take. It is currently calming down on EMA14. Also weekly is trying to form double bottom. I have already traded staying in the range 1.25-1.32 so the worst case scenario is targeting BE(2590 when merged all longs) if it go back bearish(still not excluded).
PS: Currently TP is set to 2890 but might lift it up depending on how is developing.
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: weekly.png Size: 19 KB
  • #481,752
  • Jun 19, 2019 1:12pm Jun 19, 2019 1:12pm
Attached Image (click to enlarge)
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fight here let's hope the bull is stronger
  • #481,753
  • Jun 19, 2019 1:16pm Jun 19, 2019 1:16pm
Quoting elbert3
{image} fight here let's hope the bull is stronger
Want to see Asian and Australian bulls taking over.
  • #481,754
  • Jun 19, 2019 1:31pm Jun 19, 2019 1:31pm
Quoting blackjacker
The message was clear, the question is how long does it take. It is currently calming down on EMA14. Also weekly is trying to form double bottom. I have already traded staying in the range 1.25-1.32 so the worst case scenario is targeting BE(2590 when merged all longs) if it go back bearish(still not excluded). PS: Currently TP is set to 2890 but might lift it up depending on how is developing. {image} {image}
If price break 26 ema at daily I will buy
  • #481,755
  • Jun 19, 2019 1:33pm Jun 19, 2019 1:33pm
Leftover second buy failed to hit hard tg. Closed manually after the FOMC
Attached Image (click to enlarge)
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my journal @: 12 Under Green Lane
  • #481,756
  • Jun 19, 2019 1:41pm Jun 19, 2019 1:41pm
Quoting ganam
{quote} you have short holding... ....PA is going up only atleast a level 1.27
He need to learn where to get out with loss.
Happy with loss you get. Because its better than loss more pips.
Today i loss 5 pips. But happy cause im true cause PA going much higher. And add buy and cover my loss with profit.
  • #481,757
  • Jun 19, 2019 1:44pm Jun 19, 2019 1:44pm
Quoting Theoak
short 1.2649
OUT --- couple of PIPS, before spread widens....
Don't trade what you think. Just what you see!!!
  • #481,758
  • Jun 19, 2019 2:26pm Jun 19, 2019 2:26pm
yes, it's overbought, the time to know is if it breaks that little range the other side
It is range with a bullish d1right now

long term =downtrend,
medium term say at least a year =wide range

Quoting biodunola07
The likelihood of getting to 1.2700 before the market closes today is remote so there could be a correction of the upward move done today and yesterday before any upward movement can be seen. Beside , it is too early to conclude that the cable bias has shifted to bullish trend
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #481,759
  • Jun 19, 2019 2:32pm Jun 19, 2019 2:32pm
Attached Image (click to enlarge)
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #481,760
  • Jun 19, 2019 2:46pm Jun 19, 2019 2:46pm
Quoting Bones
{image}
Attached Image (click to enlarge)
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