Based on studies (for those who know me and anyone interested) there is an 88% probability that today's price will close above 2542.
Cable Update (GBPUSD)
- #483,461
- Jul 5, 2019 10:05am Jul 5, 2019 10:05am
- | Membership Revoked | Joined May 2015 | 2,903 Posts
- #483,463
- Edited 9:25pm Jul 5, 2019 10:06am | Edited 9:25pm
- Joined Aug 2017 | Status: Just a little Aussi Battler | 4,569 Posts
This chart pattern below is one of many that I look for, and from this pattern I can see that there's a Strong possibility that if this night/daily candle closes below the 1.2506 area then there is a very good chance we may see the monthly low taken out at 1.2545 area then we may see a 1.2391 area sometime next week, with a possible target of 1.2028 over the next few weeks folks.
Extremely bearish IMHO.
U.S. Dollar Index Futures (DX) Technical Analysis – July 5, 2019 Forecast
https://www.fxempire.com/forecasts/a...orecast-584780
Extremely bearish IMHO.
U.S. Dollar Index Futures (DX) Technical Analysis – July 5, 2019 Forecast
https://www.fxempire.com/forecasts/a...orecast-584780
- #483,464
- Jul 5, 2019 10:06am Jul 5, 2019 10:06am
- Joined Oct 2010 | Status: Trader | 21,486 Posts
Intraday only.
- #483,465
- Jul 5, 2019 10:08am Jul 5, 2019 10:08am
- Joined Dec 2015 | Status: Trader | 8,767 Posts
Well done mate. I don't want to be a killjoy but traders benefit more by our market analyses and our sharing of trading ideas.
Have a great weekend.
KP
Have a great weekend.
KP
{quote} i will try to share my analysis too next weeksorry for my SS, im too exited
Do your homework, follow the footprints of smart money
- #483,466
- Jul 5, 2019 10:14am Jul 5, 2019 10:14am
- Joined Jul 2017 | Status: Active member | 1,655 Posts
This chart pattern below is one of many that I look for, and from this pattern I can see that there's a Strong possibility that if this night/daily candle closes below the 1.2506 area then there is a very good chance we may see the monthly low taken out at 1.2476 area then we may see a 1.2391 area sometime next week, with a possible target of 1.2028 over the next few weeks folks. Extremely bearish IMHO.
1.2096 is my 1.618 target I posted back a few days ago........when everyone wanted to long :/ hope you made some cash pennies for the weekend bud sticking to the sells
- #483,467
- Edited 10:30am Jul 5, 2019 10:19am | Edited 10:30am
- Joined Apr 2019 | Status: Trader | 5,796 Posts
Don't trade what you think. Just what you see!!!
- #483,468
- Jul 5, 2019 10:39am Jul 5, 2019 10:39am
- | Membership Revoked | Joined May 2015 | 2,903 Posts
{quote} Need more power, Like Trump Tweet maybe
I post in case someones need to see it rather than to try to influence the majority. I think sitting on information is a waste and trading threads generally exist to share info' even if what is shared on a particular occasion is of no value to readers. Par for the course, Vian...par for the course.
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Who cares if you were bearish and the price went up, or if you were bullish and the price went down...surely what matters is that the trading account is larger by the end of the day, week, month and year. NOBODY is right all the time and even a Circus Monkey flipping a coin will be correct 50% of the time over the long haul (which is actually higher than many very successful traders). What's important, at least in my limited experience, is making money CONSISTENTLY.
- #483,469
- Jul 5, 2019 11:06am Jul 5, 2019 11:06am
- Joined Aug 2017 | Status: Just a little Aussi Battler | 4,569 Posts
This chart pattern below is one of many that I look for, and from this pattern I can see that there's a Strong possibility that if this night/daily candle closes below the 1.2506 area then there is a very good chance we may see the monthly low taken out at 1.2476 area then we may see a 1.2391 area sometime next week, with a possible target of 1.2028 over the next few weeks folks. Extremely bearish IMHO.
- #483,470
- Jul 5, 2019 11:22am Jul 5, 2019 11:22am
- Joined Nov 2018 | Status: Trader | 4,643 Posts
ex nihilo
- #483,471
- Edited 12:48pm Jul 5, 2019 12:24pm | Edited 12:48pm
- | Membership Revoked | Joined May 2015 | 2,903 Posts
- #483,472
- Jul 5, 2019 12:42pm Jul 5, 2019 12:42pm
- Joined Jan 2019 | Status: "Ideas stimulate the mind" | 4,203 Posts
- #483,473
- Jul 5, 2019 12:50pm Jul 5, 2019 12:50pm
- Joined Jan 2019 | Status: "Ideas stimulate the mind" | 4,203 Posts
Didn't I say that the index went up?{image}
when the dollar rises index falls, when index falls dollar rises ... S & P has reached the greatest resistance, has two forecasts, or S & P will have its biggest fall and dollar rises or the opposite, I prefer to believe that S & P will skyrocket for that the dollar will have to fall.
- #483,474
- Jul 5, 2019 12:53pm Jul 5, 2019 12:53pm
- Joined Aug 2017 | Status: Just a little Aussi Battler | 4,569 Posts
{quote} No smart arsery intended but the pattern is supported to start with an initiating range bar which isn't the case in your example. If anything, the range of the initiating bar in your example is below average. See arrow to the left. {image}
That's true Mr B, But I was also referring in my earlier post that a close below 1.2506 area would be needed In order for the patent to be valid.
P/S constructive opinions-views-T/A-criticism are always appreciated my friend,this is how we all learn.
- #483,475
- Jul 5, 2019 1:13pm Jul 5, 2019 1:13pm
- Joined Jan 2019 | Status: "Ideas stimulate the mind" | 4,203 Posts
{quote} yes . just deposite
- #483,476
- Jul 5, 2019 1:18pm Jul 5, 2019 1:18pm
- Joined Dec 2017 | Status: Trader | 30,688 Posts
yes yes yes
- #483,478
- Jul 5, 2019 1:36pm Jul 5, 2019 1:36pm
- Joined Dec 2015 | Status: Trader | 8,767 Posts
Do your homework, follow the footprints of smart money
- #483,480
- Jul 5, 2019 2:02pm Jul 5, 2019 2:02pm
- Joined Jan 2019 | Status: "Ideas stimulate the mind" | 4,203 Posts