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Cable Update (GBPUSD)

  • #484,101
  • Jul 10, 2019 8:32am Jul 10, 2019 8:32am
your looking at a $ story, which has a bear monthly
and right now a bear daily
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #484,102
  • Jul 10, 2019 8:36am Jul 10, 2019 8:36am
Quoting Oc6oph
{quote} How do you come up with 90% probability of less than 2530? I believe will close above 2540 today
I conducted a statistical study of prices from 2003 to 2018 based on proprietary levels I created. It may close above 2540 today, it is just very very unlikely.
  • #484,103
  • Jul 10, 2019 8:37am Jul 10, 2019 8:37am
perfect , next level may react 2531/50. take care
Attached Image (click to enlarge)
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #484,104
  • Jul 10, 2019 8:41am Jul 10, 2019 8:41am
Quoting Moty
Out from long with profit of 10 pips .lol After i was in 65 pips lose. Ok no harm no foul. Another to be learned. Trying to catch little retracement. Price have hard time to break yesterday's high 1.25174 {image} {image}
Happy you survived it.
If you want in on my experimental EA, PM me.
  • #484,105
  • Jul 10, 2019 8:46am Jul 10, 2019 8:46am
Out my bull before news. Stay away from news.
  • #484,106
  • Jul 10, 2019 8:50am Jul 10, 2019 8:50am
Quoting Theoak
{quote} Try a short now! in at 1.2511
OUT + 3.5 PIPS
Don't trade what you think. Just what you see!!!
  • #484,107
  • Jul 10, 2019 8:51am Jul 10, 2019 8:51am
Quoting Moty
Out from long with profit of 10 pips .lol After i was in 65 pips lose. Ok no harm no foul. Another to be learned. Trying to catch little retracement. Price have hard time to break yesterday's high 1.25174 {image} {image}
Moty, very tight TP if you think about W:4...but I can always be wrong...Trade your plan.
Attached Image (click to enlarge)
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Always trade your own plan...I don't provide trading signals.
  • #484,108
  • Jul 10, 2019 8:57am Jul 10, 2019 8:57am
Quoting Theoak
{quote} OUT + 3.5 PIPS
Back in short in at 1.2500 target 1.2487
Don't trade what you think. Just what you see!!!
  • #484,109
  • Jul 10, 2019 8:57am Jul 10, 2019 8:57am
Attached Image (click to enlarge)
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Be a spectator, not a player
  • #484,110
  • Jul 10, 2019 8:58am Jul 10, 2019 8:58am
Quoting Oc6oph
{quote} How do you come up with 90% probability of less than 2530? I believe will close above 2540 today
There is only a 20% probability of a high higher and 30% probability of a higher low. Figures from the study only. The probabilities actually favour a full-blown reversal to the downside to take out the lows of yesterday. However, like any tool the probs' are just indicators.
  • #484,111
  • Jul 10, 2019 8:58am Jul 10, 2019 8:58am
Quoting Coreg2004
{quote} Moty, very tight TP if you think about W:4...but I can always be wrong...Trade your plan. {image}
Move sl to break even
Update : i am out
Attached Image (click to enlarge)
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yes yes yes
  • #484,112
  • Jul 10, 2019 9:07am Jul 10, 2019 9:07am
At 1.25 levels it still supports bearish movement. Something has to happen to trigger that bull move
  • #484,113
  • Jul 10, 2019 9:10am Jul 10, 2019 9:10am
What a nice purchase in Gcad I made
  • #484,114
  • Jul 10, 2019 9:10am Jul 10, 2019 9:10am
Herd mentality validation....
MM takes a stops
Attached Image (click to enlarge)
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  • #484,115
  • Jul 10, 2019 9:10am Jul 10, 2019 9:10am
I am long again
Attached Image (click to enlarge)
Click to Enlarge Name: New Doc 2019-07-10 17.10.18_1.jpg Size: 120 KB
yes yes yes
  • #484,116
  • Jul 10, 2019 9:19am Jul 10, 2019 9:19am
Attached Image (click to enlarge)
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Quoting elbert3
Watch low charts for signs of resistance. 2500 and a higher tl at 2520 . Watch breakout on gj and nz
Anybody get that one
  • #484,117
  • Jul 10, 2019 9:20am Jul 10, 2019 9:20am
I chose the wrong horse today. Been trading 3 positions in GJ since early this morning. I am in profit in 2 positions but it has been like pushing the proverbial uphill since lunch time.
Edit. I am bored and I don't like the PA so I might just take my profits and enjoy the rest of the arvo.
  • #484,118
  • Jul 10, 2019 9:22am Jul 10, 2019 9:22am
Quoting elbert3
{image}{quote} Anybody get that one
6680 ?? Target
  • #484,119
  • Jul 10, 2019 9:23am Jul 10, 2019 9:23am
Quoting directxxx
I chose the wrong horse today. Been trading 3 positions in GJ since early this morning. I am in profit in 2 positions but it has been like pushing the proverbial uphill since lunch time
GBP is still not strong, the USD weakness made the GBP USD pair up, when you analise GBP aud, its still going down ...
follow the flow of music $
  • #484,120
  • Jul 10, 2019 9:24am Jul 10, 2019 9:24am
Quoting directxxx
I chose the wrong horse today. Been trading 3 positions in GJ since early this morning. I am in profit in 2 positions but it has been like pushing the proverbial uphill since lunch time. Edit. I am bored and I don't like the PA so I might just take my profits and enjoy the rest of the arvo.
Like to see 137 first target
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