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Cable Update (GBPUSD)

  • #482,801
  • Jul 1, 2019 5:50am Jul 1, 2019 5:50am
Short or long in NY open???
  • #482,802
  • Jul 1, 2019 5:52am Jul 1, 2019 5:52am
Here we go again, range is widening but cant see it going below 1.2580. Btw stoploss on my longs is 8 pips away now, will let it trigger automatically if it goes there, but still I dont think will go below 1.2630, I think US session will lift up.
  • #482,803
  • Jul 1, 2019 5:52am Jul 1, 2019 5:52am
Quoting Neil0163
Price action, rejection from daily fib pullback to the 38.2 counter trendline break on the 4 hour now we have a double top with a neckline break very risky to be longing
Possible low here folks,???
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  • #482,804
  • Jul 1, 2019 5:54am Jul 1, 2019 5:54am
Quoting blackjacker
Here we go again, range is widening but cant see it going below 1.2580. Btw stoploss on my longs is 8 pips away now, will let it trigger automatically if it goes there, but still I dont think will go below 1.2630, I think US session will lift up.
DXY stronger, eurusd down, but eurgbp up which drags GU further down dont think eurgbp can go higher, so retrace from here most likely.
  • #482,805
  • Jul 1, 2019 6:00am Jul 1, 2019 6:00am
posible new low coming. montly pivot at 1.2606. see what happen when price retest, if price can retest
  • #482,806
  • Jul 1, 2019 6:01am Jul 1, 2019 6:01am
Quoting Zorrander
Short or long in NY open???
I am waiting for the spike then look for a possible short again. ??????
  • #482,807
  • Jul 1, 2019 6:06am Jul 1, 2019 6:06am
how about this? maybe/
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  • #482,808
  • Jul 1, 2019 6:09am Jul 1, 2019 6:09am
Quoting Kimjoun
posible new low coming. montly pivot at 1.2606. see what happen when price retest, if price can retest

looking at 1.2660 area for a possible retest. ???
  • #482,809
  • Jul 1, 2019 6:13am Jul 1, 2019 6:13am
9 am EST candle, it is important 4hr and hourly candle.

Till such time if 2635/30 holds, then we might probably see 2700 area
Intraday only.
  • #482,810
  • Jul 1, 2019 6:19am Jul 1, 2019 6:19am
DXY close to neutral atm, but GU still strong bearish.
  • #482,811
  • Jul 1, 2019 6:25am Jul 1, 2019 6:25am
Quoting navk
9 am EST candle, it is important 4hr and hourly candle. Till such time if 2635/30 holds, then we might probably see 2700 area
i dun like this, different view from mine
  • #482,812
  • Jul 1, 2019 6:26am Jul 1, 2019 6:26am
Quoting Dingoman-two
{quote} looking at 1.2660 area for a possible retest. ???
yes sir around that level, i believe i should focus sell only below pivot
  • #482,813
  • Jul 1, 2019 6:28am Jul 1, 2019 6:28am
Still strong bear... Take short with small lot
  • #482,814
  • Jul 1, 2019 6:28am Jul 1, 2019 6:28am
Quoting Kimjoun
{quote} i dun like this, different view from mine
I agree, it has turned bearish.

It does not mean you short now.

shorting around 2700 is wise not now.

The PA has the tendency to reverse in NY session on mondays
Intraday only.
  • #482,815
  • Jul 1, 2019 6:31am Jul 1, 2019 6:31am
gu h1+15m + eg h1
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yes yes yes
  • #482,816
  • Jul 1, 2019 7:04am Jul 1, 2019 7:04am
that spike at 12:56 (GMT+1) motivated me to go long.
trading is like dancing, don't think and just listen to the music!
  • #482,817
  • Jul 1, 2019 7:19am Jul 1, 2019 7:19am
[quote=Theoak;12358967]
Quoting navk
i took long, 2634 stop. After 2 times stops were hit today.[/qu Gone long too in at 1.2647 target 1.2654
Bingo next target 1.2678
Don't trade what you think. Just what you see!!!
  • #482,818
  • Jul 1, 2019 7:21am Jul 1, 2019 7:21am
[quote=Theoak;12359205]
Quoting Theoak
{quote} Bingo next target 1.2678
I played Bingo but rarely win.

Intraday only.
  • #482,819
  • Jul 1, 2019 7:24am Jul 1, 2019 7:24am
I closed all.

Still 4 hr yet to find support.

I will come down again.
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Intraday only.
  • #482,820
  • Jul 1, 2019 7:28am Jul 1, 2019 7:28am
[quote=Theoak;12359205]
Quoting Theoak
{quote} Bingo next target 1.2678
Out at 1.2666 looking for retrace
Don't trade what you think. Just what you see!!!
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