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Cable Update (GBPUSD)

  • #483,001
  • Jul 2, 2019 11:25am Jul 2, 2019 11:25am
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 11:27am Jul 2, 2019 11:27am
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 11:29am Jul 2, 2019 11:29am
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 11:30am Jul 2, 2019 11:30am
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 11:54am Jul 2, 2019 11:54am
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 11:59am Jul 2, 2019 11:59am
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 12:00pm Jul 2, 2019 12:00pm
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 12:04pm Jul 2, 2019 12:04pm
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 12:04pm Jul 2, 2019 12:04pm
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 12:05pm Jul 2, 2019 12:05pm
Short now in at 1.2607
Don't trade what you think. Just what you see!!!
  • #483,011
  • Jul 2, 2019 12:12pm Jul 2, 2019 12:12pm
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 12:13pm Jul 2, 2019 12:13pm
Quoting Theoak
Short now in at 1.2607
Short as well target 1.25900
Extreme gut feeling trader
  • #483,013
  • Jul 2, 2019 12:16pm Jul 2, 2019 12:16pm
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 12:17pm Jul 2, 2019 12:17pm
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 2:06pm Jul 2, 2019 12:18pm | Edited 2:06pm
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 12:19pm Jul 2, 2019 12:19pm
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 12:32pm Jul 2, 2019 12:32pm
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 12:32pm Jul 2, 2019 12:32pm
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 12:34pm Jul 2, 2019 12:34pm
it looks like eur / usd is raising gu
  • #483,020
  • Jul 2, 2019 12:37pm Jul 2, 2019 12:37pm
Quoting Theoak
{quote} Sorry Bud. I don’t really understand.

it is not difficult Theoak trend line
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