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Cable Update (GBPUSD)

  • #483,061
  • Jul 2, 2019 10:12pm Jul 2, 2019 10:12pm
Short in at 1.2587
Don't trade what you think. Just what you see!!!
  • #483,062
  • Jul 2, 2019 10:40pm Jul 2, 2019 10:40pm
Think so it's not time to buy into Pound pair weakness as yet, am expecting it to drop further but do trade with care.
  • #483,063
  • Edited 11:26pm Jul 2, 2019 10:42pm | Edited 11:26pm
plotting possible pa for today /this week plan , a bottom ranging further down towards 2533 but not direct to ready for action BULL !scalping long tries goes now below 2583!
same as eurusd. but still under pressure as eurgbp to get the resistance around 0.9028
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 37 KB
Click to Enlarge Name: GBPUSDDaily.png Size: 39 KB
Click to Enlarge Name: EURGBPH4.png Size: 36 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #483,064
  • Jul 2, 2019 11:12pm Jul 2, 2019 11:12pm
1.2545 soon ...to Weekly trendline..
follow the flow of music $
  • #483,065
  • Jul 2, 2019 11:12pm Jul 2, 2019 11:12pm
Quoting Theoak
Short in at 1.2587
Bingo 14 pips out
Don't trade what you think. Just what you see!!!
  • #483,066
  • Jul 2, 2019 11:15pm Jul 2, 2019 11:15pm
Quoting viankoko88
{quote} In my chart, clearly down first and make a tail.. First pitstop 1.2560,
Yups, still go down. I will look for @ 1.2540 for buy setup.
No entry now. Cause already closed it. I dont want join this bear train without correction.
  • #483,067
  • Jul 2, 2019 11:17pm Jul 2, 2019 11:17pm
Quoting navk
Short below 2630/35 for a target around 2575 Not taking big risk today like yesterday as I am not infront of the system and trading in my androd.
Done
Intraday only.
  • #483,068
  • Jul 2, 2019 11:21pm Jul 2, 2019 11:21pm
Quoting Theoak
{quote} Bingo 14 pips out
retrace long in at 1.2575
Don't trade what you think. Just what you see!!!
  • #483,069
  • Jul 2, 2019 11:23pm Jul 2, 2019 11:23pm
is there any holiday in US tomorrow? googled....
follow the flow of music $
  • #483,070
  • Jul 2, 2019 11:32pm Jul 2, 2019 11:32pm
Quoting Theoak
{quote} retrace long in at 1.2575
lost 2 pips on retrace gone short now and going to hold
Don't trade what you think. Just what you see!!!
  • #483,071
  • Jul 2, 2019 11:33pm Jul 2, 2019 11:33pm
Quoting pipcenturion
GBPUSD: Long taken at 1.25912 stop loss: 100 pips Target: 1.3011 GBPUSD has its volume adjusted price for this week at 1.2688 So as a minimum target, price of necessity needs to touch 1.2688 and can then move in packet sizes of 190 pips above the level. Happy trading guys! {image}
Trade hedged. I'm now net short on this pair.

H4 support at 1.2523 might be the target for this current sell.
  • #483,072
  • Jul 2, 2019 11:38pm Jul 2, 2019 11:38pm
Quoting ganam
1.2545 soon ...to Weekly trendline..
Nice bearish move, 1.2560 first
  • #483,073
  • Jul 2, 2019 11:42pm Jul 2, 2019 11:42pm
I found one last support from the January 3, 2019 spike base.

1.2469

I will call that the last line of defence for the bulls. If the low of the January 3 candle is taken out then the bulls stand absolutely no chance.

I will be watching these two levels very closely for the bullish reversal.

1.2523

1.2469
  • #483,074
  • Jul 2, 2019 11:45pm Jul 2, 2019 11:45pm
Quoting Marcieny
I bought
I left that pair before breaking the previous support... only watching
  • #483,075
  • Jul 2, 2019 11:45pm Jul 2, 2019 11:45pm
Quoting Theoak
{quote} lost 2 pips on retrace gone short now and going to hold
Bingo another 4 pips
Don't trade what you think. Just what you see!!!
  • #483,076
  • Jul 2, 2019 11:50pm Jul 2, 2019 11:50pm
D1
Attached Image(s) (click to enlarge)
Click to Enlarge Name: New Doc 2019-07-03 09.47.35_1.jpg Size: 110 KB
Click to Enlarge Name: New Doc 2019-07-03 09.58.29_1.jpg Size: 100 KB
yes yes yes
  • #483,077
  • Jul 2, 2019 11:50pm Jul 2, 2019 11:50pm
Quoting viankoko88
{quote} Nice bearish move, 1.2560 first
its broken...1.2545 target
follow the flow of music $
  • #483,078
  • Edited Jul 3, 2019 12:52am Jul 2, 2019 11:55pm | Edited Jul 3, 2019 12:52am
Quoting Dingoman-two
{quote} In order for the bulls to have a start at there run then we will need a minimum indication of bullishness, and higher highs could be good place for the support that is needed, me thinks. I Am waiting for the Higher High or a break below yesterday low, until then I am out. Direction is what I am seeking here folks. If we fall below yesterday's low then I will be looking at 1.2506 as the next strong support area. {image}
I am now looking for possible a retest of yesterday's low at 1.2584 area, and after a great little scalp.
but first the hourly candle needs to close below yesterday's low
Attached Image (click to enlarge)
Click to Enlarge Name: RETESTINGNEEDED.JPG Size: 154 KB
  • #483,079
  • Jul 2, 2019 11:59pm Jul 2, 2019 11:59pm
Bear until 1.2510 for today... Bull will come in there ..
  • #483,080
  • Jul 3, 2019 12:04am Jul 3, 2019 12:04am
Quoting Moty
D1 {image} {image}
Agree,
Retrace until weekly pivot..
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