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Cable Update (GBPUSD)

  • #483,001
  • Jul 2, 2019 9:25am Jul 2, 2019 9:25am
Quoting viankoko88
{quote} Keep short.. Target break low again.. Next 1.2560 pitstop
I fancy it to explode upwards now.
Don't trade what you think. Just what you see!!!
  • #483,002
  • Jul 2, 2019 9:27am Jul 2, 2019 9:27am
gu h1 + 15m
eg h1
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GU h1.png Size: 40 KB
Click to Enlarge Name: gu 15.png Size: 36 KB
Click to Enlarge Name: eg h1.png Size: 33 KB
yes yes yes
  • #483,003
  • Jul 2, 2019 9:29am Jul 2, 2019 9:29am
Quoting Theoak
{quote} I fancy it to explode upwards now.
Bingo
Don't trade what you think. Just what you see!!!
  • #483,004
  • Jul 2, 2019 9:30am Jul 2, 2019 9:30am
Quoting Moty
gu h1 + 15m eg h1 {image} {image} {image}
exactly, just don't block information you see on the chart
Always trade your own plan...I don't provide trading signals.
  • #483,005
  • Jul 2, 2019 9:54am Jul 2, 2019 9:54am
Still not sure where people are getting these bulls exploding from.

I'll post this so it's clear for you guys, New lower low created price pulled back to the weekly 38.2 and shows rejection via a double top which is clear as day. Rejection from a 38.2 shows a strong trending market, going off price action making new lower lows we are in a bearish market. Counter trend trading will eat you up and spit you out.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_2019-07-02-17-50-31.png Size: 138 KB
  • #483,006
  • Jul 2, 2019 9:59am Jul 2, 2019 9:59am
today I have not operated in GU, but in the same way that has resistance has divergent support, I'm waiting for the price to walk at the moment.
  • #483,007
  • Jul 2, 2019 10:00am Jul 2, 2019 10:00am
Quoting navk
{quote} If you see more people here call bull, then short You will win. I am not trading today but seeing the PA in my android.
I repeat, as long as you see bullish people in this thread, just keep shorting. This week bearish candle.
I will be there on thursday.
Intraday only.
  • #483,008
  • Jul 2, 2019 10:04am Jul 2, 2019 10:04am
Quoting navk
{quote} I repeat, as long as you see bullish people in this thread, just keep shorting. This week bearish candle. I will be there on thursday.
PM me if you want my EA.
  • #483,009
  • Jul 2, 2019 10:04am Jul 2, 2019 10:04am
Quoting Marcieny
today I have not operated in GU, but in the same way that has resistance has divergent support, I'm waiting for the price to walk at the moment.
What oscillator do you use for divergency? Where’s Spiderman?
Don't trade what you think. Just what you see!!!
  • #483,010
  • Jul 2, 2019 10:05am Jul 2, 2019 10:05am
Short now in at 1.2607
Don't trade what you think. Just what you see!!!
  • #483,011
  • Jul 2, 2019 10:12am Jul 2, 2019 10:12am
Quoting Theoak
{quote} What oscillator do you use for divergency? Where’s Spiderman?
I do not use, really no indicator, just fann and gann fibonacci, and waves elliot because of the patterns harmonics
I do the wave count on my eye.
  • #483,012
  • Jul 2, 2019 10:13am Jul 2, 2019 10:13am
Quoting Theoak
Short now in at 1.2607
Short as well target 1.25900
Extreme gut feeling trader
  • #483,013
  • Jul 2, 2019 10:16am Jul 2, 2019 10:16am
Quoting Marcieny
{quote} I do not use, really no indicator, just fann and gann fibonacci, and waves elliot because patterns harmonics I do the wave count on my eye.
Sorry mate. I don't really understand this fibonacci stuff. Too complicated for me. Where does the divergency come into it?
Don't trade what you think. Just what you see!!!
  • #483,014
  • Jul 2, 2019 10:17am Jul 2, 2019 10:17am
Quoting Theoak
Short now in at 1.2607
Out of this break even
Don't trade what you think. Just what you see!!!
  • #483,015
  • Edited 12:06pm Jul 2, 2019 10:18am | Edited 12:06pm
Quoting Theoak
{quote} Sorry mate. I don't really understand this fibonacci stuff. Too complicated for me. Where does the divergency come into it?
at 1.25849 support divergent I expect the day's sail to close above that, trace an LTA in H1 or H4 Theoak..

do not forget to see how that line is in other timeframes as well..

when a divergent support or significant resistance is reached LTB and or LTA start to function
  • #483,016
  • Jul 2, 2019 10:19am Jul 2, 2019 10:19am
Quoting montygoldy
{quote} Short as well target 1.25900
If this shows some more signs of bearishness will be with you...
Don't trade what you think. Just what you see!!!
  • #483,017
  • Jul 2, 2019 10:32am Jul 2, 2019 10:32am
Quoting Marcieny
{quote} at 1.25849 support divergent I expect the day's sail to close above that, trace an LTA in H1 Theoak.. do not forget to see how that line is in other timeframes as well.. when a divergent support or significant resistance is reached LTB and or LTA start to function
Sorry Bud. I don’t really understand.
Don't trade what you think. Just what you see!!!
  • #483,018
  • Jul 2, 2019 10:32am Jul 2, 2019 10:32am
Quoting Neil0163
Still not sure where people are getting these bulls exploding from. I'll post this so it's clear for you guys, New lower low created price pulled back to the weekly 38.2 and shows rejection via a double top which is clear as day. Rejection from a 38.2 shows a strong trending market, going off price action making new lower lows we are in a bearish market. Counter trend trading will eat you up and spit you out. {image}
becouse of these .
false break
Attached Image (click to enlarge)
Click to Enlarge Name: GU d1.png Size: 17 KB
yes yes yes
  • #483,019
  • Jul 2, 2019 10:34am Jul 2, 2019 10:34am
it looks like eur / usd is raising gu
  • #483,020
  • Jul 2, 2019 10:37am Jul 2, 2019 10:37am
Quoting Theoak
{quote} Sorry Bud. I don’t really understand.

it is not difficult Theoak trend line
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