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Cable Update (GBPUSD)

  • #483,981
  • Jul 10, 2019 3:33am Jul 10, 2019 3:33am
Lol, what a move, GBP recovered 10 pips. Too weak whatsoever, bulls need some incentive to start buying.
  • #483,982
  • Jul 10, 2019 3:35am Jul 10, 2019 3:35am
Closed at 70, when saw bad data
With good data, I was expecting around 1.25, now will see.
  • #483,983
  • Jul 10, 2019 3:36am Jul 10, 2019 3:36am
EU fly to the moon. GU still in the box.
  • #483,984
  • Jul 10, 2019 3:37am Jul 10, 2019 3:37am
Quoting forex_dimi
Closed at 70, when saw bad data With good data, I was expecting around 1.25, now will see.
Industrial production is not in fact a major indicator for GBP. Service sector is a different story. If the same data came from Germany you could expect some 100 pips down in eur pairs, but here is like "meeh whatever".
  • #483,985
  • Jul 10, 2019 3:39am Jul 10, 2019 3:39am
Attached Image (click to enlarge)
Click to Enlarge Name: IMG_5274.PNG Size: 132 KB
well what do you make of the story
  • #483,986
  • Jul 10, 2019 3:42am Jul 10, 2019 3:42am
Quoting viankoko88
{quote} Go bullish.. Good data for GBP
Sit on hands!!! Italian data yesterday was crap!!! I'm going with the flow!!! I think this could go anyway. If goes up my target is 1.25... if down no idea. With a fib idea maybe 1.2386, but I'm trying to learn (fibs) ,...….. so I'll trail
Don't trade what you think. Just what you see!!!
  • #483,987
  • Jul 10, 2019 3:43am Jul 10, 2019 3:43am
Attached Image (click to enlarge)
Click to Enlarge Name: IMG_5276.PNG Size: 80 KB
4 hour look left possibles
  • #483,988
  • Jul 10, 2019 3:44am Jul 10, 2019 3:44am
I traded this gold standard on the daily chart and it worked ... it will be an attempt on that.

I do not know if I'm right but it will be an attempt...can take days too
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd10072.png Size: 94 KB
  • #483,989
  • Jul 10, 2019 3:48am Jul 10, 2019 3:48am
Quoting Marcieny
I traded this gold standard on the daily chart and it worked ... it will be an attempt on that. I do not know if I'm right but it will be an attempt...can take days too {image}
GU making a move up?

Good luck dear..
If you want in on my experimental EA, PM me.
  • #483,990
  • Jul 10, 2019 3:48am Jul 10, 2019 3:48am
GDP was my main concern. Came as expected, but have read that market would prefer something better to overcome lost months.
Pound is "good" today, usd is the "problem"
  • #483,991
  • Jul 10, 2019 3:49am Jul 10, 2019 3:49am
Not much rejection at 247x.
  • #483,992
  • Jul 10, 2019 3:49am Jul 10, 2019 3:49am
Long in at 1.2474 target 1.2481
Don't trade what you think. Just what you see!!!
  • #483,993
  • Jul 10, 2019 3:50am Jul 10, 2019 3:50am
In general, good data .
Last hourly candle is going to close above daily pivot and at his peak , and it's larger then all the privios candles of the day
yes yes yes
  • #483,994
  • Jul 10, 2019 3:52am Jul 10, 2019 3:52am
Dont trust the data.
  • #483,995
  • Jul 10, 2019 3:53am Jul 10, 2019 3:53am
Quoting Theoak
Long in at 1.2474 target 1.2481
Bingo
Don't trade what you think. Just what you see!!!
  • #483,996
  • Jul 10, 2019 3:54am Jul 10, 2019 3:54am
PS till now "copy-paste" last month's movement? (forget the actual price, see the movement)
If FOMC good..
  • #483,997
  • Jul 10, 2019 3:54am Jul 10, 2019 3:54am
Quoting Theoak
{quote} Bingo
Break the wall.. 1,247xx
  • #483,998
  • Jul 10, 2019 3:54am Jul 10, 2019 3:54am
the good signal line just broke 2480 & may comfort for further up as start in gu with real very initial target 2538..
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDDaily.png Size: 35 KB
Click to Enlarge Name: GBPUSDH1.png Size: 32 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #483,999
  • Jul 10, 2019 3:59am Jul 10, 2019 3:59am
If short term scalpers have taken the instructions of the 4hr TF nannies to only trade short, those scalpers are currently getting their arse handed to them.
  • #484,000
  • Jul 10, 2019 4:01am Jul 10, 2019 4:01am
Quoting rahadian1
ready for next big drop ? or just my imagination
M1 now is up
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM1.png Size: 14 KB
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