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Cable Update (GBPUSD)

  • #484,501
  • Jul 12, 2019 4:16am Jul 12, 2019 4:16am
Quoting Bones
I do believe it, that really surprises me people are lazy I guess is my conclusion {quote}
I still love the top down the analysis by the way, that won't change.

I've opted for the lazy route to profits, I've abandoned precision in favour of diversification, probability and small position grid averaging. Seems to be a very relaxing way to make profits, nice and boring! If I ever get caught in an averaging hole then I'll flip open the charts. However, that will be few and very far between.
  • #484,502
  • Jul 12, 2019 4:22am Jul 12, 2019 4:22am
I foresee a selloff: price action at 200 EMA and price still remained under 200 EMA. those on buys should caution and use SL or money management.
  • #484,503
  • Jul 12, 2019 4:23am Jul 12, 2019 4:23am
Quoting Isensefx
I foresee a selloff: price action at 200 EMA and price still remained under 200 EMA. those on buys should caution and use SL or money management.

The D1 Pitchfork agrees.

The H1 Pitchfork agrees.

The M30 Pitchfork agrees.

The M15 Pitchfork agrees.

The M5 Pitchfork agrees but suggests touch of 2531 then down.
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  • #484,504
  • Jul 12, 2019 4:31am Jul 12, 2019 4:31am
Quoting mbrown
{quote} The D1 Pitchfork agrees. The H1 Pitchfork etagrees. The M30 Pitchfork agrees. The M15 Pitchfork agrees. {image} {image} {image} {image}
Yes hence the drop 2570 2550 and now let’s see if it takes out 2520 for another level or will it hold . Questions we have to keep in mind Regards E
  • #484,505
  • Jul 12, 2019 4:42am Jul 12, 2019 4:42am
has divergent support going back to LTA
  • #484,506
  • Jul 12, 2019 4:42am Jul 12, 2019 4:42am
are you ready ?
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yes yes yes
  • #484,507
  • Jul 12, 2019 4:43am Jul 12, 2019 4:43am
If break 2519 it would be bearish today.. but if not break the cable will be fly ..
  • #484,508
  • Jul 12, 2019 4:47am Jul 12, 2019 4:47am
I'm in H8 or maybe this is the real lta we'll find out.
  • #484,509
  • Jul 12, 2019 4:54am Jul 12, 2019 4:54am
Quoting Moty
are you ready ? {image} {image} {image}
Licking my chops, but I think it has to go to 1.2507 first.
  • #484,510
  • Jul 12, 2019 4:54am Jul 12, 2019 4:54am
Just update, done for long, to wait now to see.
https://www.forexfactory.com/showthr...4#post12378794
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #484,511
  • Jul 12, 2019 4:59am Jul 12, 2019 4:59am
1.2510 is first target to me..
follow the flow of music $
  • #484,512
  • Jul 12, 2019 5:04am Jul 12, 2019 5:04am
Quoting ganam
1.2510 is first target to me..
Chargeee
  • #484,513
  • Jul 12, 2019 5:05am Jul 12, 2019 5:05am
long in at 1.2536 ---target 30 pips
Not an in and out trade, so not upset thread!

I'm a scalper, but I will go for the 30 pips!!!
Don't trade what you think. Just what you see!!!
  • #484,514
  • Jul 12, 2019 5:10am Jul 12, 2019 5:10am
Quoting elbert3
{quote} Yes hence the drop 2570 2550 and now let’s see if it takes out 2520 for another level or will it hold . Questions we have to keep in mind Regards E
Phew 1 pip . Let’s see now if it goes higher to take out a top level
  • #484,515
  • Jul 12, 2019 5:12am Jul 12, 2019 5:12am
I hope the handling in Eur / Gbp has ended .... and the buyers there give up ...
bears have been there for years
  • #484,516
  • Jul 12, 2019 5:12am Jul 12, 2019 5:12am
Hi Guys,
From my standpoint Gu trapped in a symmetrical triangle as per my hourly chart, still indecision. Iffy at the moment.
Cheers
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Trade to trade another day
  • #484,517
  • Jul 12, 2019 5:12am Jul 12, 2019 5:12am
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has it just broke that tl we can see the wicks ??
  • #484,518
  • Jul 12, 2019 5:22am Jul 12, 2019 5:22am
bears waiting for the fuel...USD data will pull the trigger to down!!!
follow the flow of music $
  • #484,519
  • Jul 12, 2019 5:31am Jul 12, 2019 5:31am
maybe some S at 1.2505, perhaps we head down to test it....
Look Sharp/Trade Tight
  • #484,520
  • Jul 12, 2019 5:34am Jul 12, 2019 5:34am
Quoting PayTheLimit
maybe some S at 1.2505, perhaps we head down to test it....
Expecting... Last US data little good, this time also expecting the same ...further down from 1.2505...if US data is worst bulls will continue...
follow the flow of music $
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