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Cable Update (GBPUSD)

  • #484,521
  • Jul 12, 2019 5:35am Jul 12, 2019 5:35am
Quoting ganam
bears waiting for the fuel...USD data will pull the trigger to down!!!
the other way around possible as well. Very close to the trendline which proved to be in the game. 20 pips away from the current price.
Attached Image (click to enlarge)
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  • #484,522
  • Jul 12, 2019 5:36am Jul 12, 2019 5:36am
Quoting Wavegarrick
Hi Guys, From my standpoint Gu trapped in a symmetrical triangle as per my hourly chart, still indecision. Iffy at the moment. Cheers {image}
Nice analysis boss!
  • #484,523
  • Jul 12, 2019 5:40am Jul 12, 2019 5:40am
GBP is struggling to go up
  • #484,524
  • Jul 12, 2019 5:41am Jul 12, 2019 5:41am
Quoting blackjacker
{quote} 38.2 retrace hit with 0.1 pip difference, in case it go down dont think will have the steam to go below 1.2520.
1.2520 still strong. In hourly chart only spikes below, a few closes but were rejected instantly.
  • #484,525
  • Jul 12, 2019 5:43am Jul 12, 2019 5:43am
Quoting blackjacker
{quote} the other way around possible as well. Very close to the trendline which proved to be in the game. 20 pips away from the current price. {image}
its already clear...if PA cross below 1.2510 the picture will more accurate
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM30.png Size: 76 KB
follow the flow of music $
  • #484,526
  • Jul 12, 2019 5:44am Jul 12, 2019 5:44am
still rangeing
Attached Image (click to enlarge)
Click to Enlarge Name: GU h1.png Size: 58 KB
yes yes yes
  • #484,527
  • Jul 12, 2019 5:47am Jul 12, 2019 5:47am
Quoting ganam
{quote} its already clear...if PA cross below 1.2510 the picture will more accurate {image}
no break yet
Attached Image (click to enlarge)
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yes yes yes
  • #484,528
  • Jul 12, 2019 5:47am Jul 12, 2019 5:47am
Quoting blackjacker
{quote} 1.2520 still strong. In hourly chart only spikes below, a few closes but were rejected instantly.
I hope it does not break 1.2520 my stop loss is just below!!!
Don't trade what you think. Just what you see!!!
  • #484,529
  • Jul 12, 2019 5:47am Jul 12, 2019 5:47am
Quoting Suj
GBP is struggling to go up
she is strong ... tries for years and the price gets furious when he tries and can not... he explode.
  • #484,530
  • Jul 12, 2019 5:50am Jul 12, 2019 5:50am
Quoting ganam
{quote} its already clear...if PA cross below 1.2510 the picture will more accurate {image}
It was mostly the same story when it was going up. Once it close 1.2750, we were saying it would go much higher. It crossed few times and reaching as far as 1.2784 it collapsed later to reach levels of 1.2440. Shorter timeframes doesnt give you the whole picture. We are in a zone- 1.25 which is a very strong support and now is crowded with support points- 1.2520, 1.25, 1.2480, 12440, each 20 pips are closely monitored.
  • #484,531
  • Edited 6:02am Jul 12, 2019 5:51am | Edited 6:02am
Quoting Marcieny
{quote} she is strong ... tries for years and the price gets furious when he tries and can not... he explode.
Don't worry I have my tried and tested formula.... Fingers crossed if that does not work; plan B - PRAY! Works every time!!!
Don't trade what you think. Just what you see!!!
  • #484,532
  • Jul 12, 2019 5:53am Jul 12, 2019 5:53am
Quoting Theoak
{quote} Don't worry I have my tried and tested formula.... Finger crossed if that does not work; plan B - PRAY! Works every time!!!
Pray and spell, thousands of years have proven it works. Abracadabra.
  • #484,533
  • Jul 12, 2019 5:56am Jul 12, 2019 5:56am
Quoting blackjacker
{quote} It was mostly the same story when it was going up. Once it close 1.2750, we were saying it would go much higher. It crossed few times and reaching as far as 1.2784 it collapsed later to reach levels of 1.2440. Shorter timeframes doesnt give you the whole picture. We are in a zone- 1.25 which is a very strong support and now is crowded with support points- 1.2520, 1.25, 1.2480, 12440, each 20 pips are closely monitored.
tested regions the price usually safe .. maybe will not come back there
  • #484,534
  • Jul 12, 2019 5:57am Jul 12, 2019 5:57am
Quoting blackjacker
{quote} It was mostly the same story when it was going up. Once it close 1.2750, we were saying it would go much higher. It crossed few times and reaching as far as 1.2784 it collapsed later to reach levels of 1.2440. Shorter timeframes doesnt give you the whole picture. We are in a zone- 1.25 which is a very strong support and now is crowded with support points- 1.2520, 1.25, 1.2480, 12440, each 20 pips are closely monitored.
sure ...
follow the flow of music $
  • #484,535
  • Jul 12, 2019 5:59am Jul 12, 2019 5:59am
Quoting blackjacker
{quote} Pray and spell, thousands of years have proven it works. Abracadabra.
  • #484,536
  • Jul 12, 2019 6:00am Jul 12, 2019 6:00am
Quoting Marcieny
{quote} tested regions the price usually safe .. maybe will not come back there
I don't know where it will go but the zone is sensitive, any moves possible, mostly depending on the reading of the data. Reading the charts anything above 1hr timeframe is strongly bearish.
  • #484,537
  • Jul 12, 2019 6:00am Jul 12, 2019 6:00am
I smell bears today.... probably 1.25
Extreme gut feeling trader
  • #484,538
  • Jul 12, 2019 6:05am Jul 12, 2019 6:05am
smaller time frames,..
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM301.png Size: 85 KB
follow the flow of music $
  • #484,539
  • Jul 12, 2019 6:20am Jul 12, 2019 6:20am
You know what's annoying ?
there were 4 movements of 20 pips today, but because the price did not reach BREAK EVEN price, I can not go out and enter the counter trade, I could already be at a profit of 80 pips , all because of a false break of London open .
But I'm optimistic. Euro pound will break in my opinion and then the celebration will begin
Attached Image (click to enlarge)
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yes yes yes
  • #484,540
  • Jul 12, 2019 6:20am Jul 12, 2019 6:20am
Quoting ganam
smaller time frames,.. {image}

if WPP does not break.
your 245x is the BAT target
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