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Cable Update (GBPUSD)

  • #484,641
  • Jul 12, 2019 12:05pm Jul 12, 2019 12:05pm
I thought this day would never come
The fragrance remains in the hands of those that gves the rose
  • #484,642
  • Jul 12, 2019 12:08pm Jul 12, 2019 12:08pm
Quoting Wavegarrick
{quote} Hi Guys, all sell trades closed at a nice profit. Started opening buy trades. 1.25000 remains important for bulls. Trade safe. Cheers. {image}
Hi Guys, nice price action this late on a friday. Started locking in my trades, have a great weekend.
Cheers.
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Trade to trade another day
  • #484,643
  • Jul 12, 2019 12:09pm Jul 12, 2019 12:09pm
Quoting blackjacker
{quote} Snail slowly crawling north. It's easier when the european close. Day in day out shorting the pound no matter what.
I think now wasn't real the gbp but the usd that moved the pair- the last 2? hours. Generally agree, waiting London close to take opposite orders for the pound (yesterday regretted for not doing that)
  • #484,644
  • Jul 12, 2019 12:13pm Jul 12, 2019 12:13pm
Quoting mbrown
{quote} Hmmm...I wonder if the GBP strength will also carry the languishing GBPCHF (I'm long) up with it!
i think gbpchf doesnt have enough volatility. at least for chf.

that's why i'm rather gbpjpy, long
in the medium term.
  • #484,645
  • Jul 12, 2019 12:14pm Jul 12, 2019 12:14pm
Quoting blackjacker
{quote} Snail slowly crawling north. It's easier when the european close. Day in day out shorting the pound no matter what.
Hard work for me! You know I'm trigger happy! Would have got the 30 pip as well... Sorry guys!! I know your not bothered Blackjacker it was more for MCL. I don't think he likes my style!
Don't trade what you think. Just what you see!!!
  • #484,646
  • Jul 12, 2019 12:16pm Jul 12, 2019 12:16pm
Quoting tiborf71
{quote} i think gbpchf doesnt have enough volatility. at least for chf. that's why i'm rather gbpjpy, long in the medium term.
Anyone who is touching Swish Franc want their head looking at!!! My view only!!!
Don't trade what you think. Just what you see!!!
  • #484,647
  • Jul 12, 2019 12:17pm Jul 12, 2019 12:17pm
people don't realize how accurate the market is
that's why we endure crazy lines on a very simple tool every day
because there are no rules apparently

Quoting mbrown
{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.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #484,648
  • Jul 12, 2019 12:32pm Jul 12, 2019 12:32pm
Short in at 1.2558 target 20 pips

Small cheeky one!!!
Don't trade what you think. Just what you see!!!
  • #484,649
  • Jul 12, 2019 12:36pm Jul 12, 2019 12:36pm
Quoting Theoak
{quote} Anyone who is touching Swish Franc want their head looking at!!! My view only!!!
Gbp CHf?... has a Bullish Buterfly...
  • #484,650
  • Jul 12, 2019 12:40pm Jul 12, 2019 12:40pm
i see D1 bear expanding triangle
  • #484,651
  • Jul 12, 2019 1:01pm Jul 12, 2019 1:01pm
Quoting Marcieny
{quote} Gbp CHf?... has a Bullish Buterfly...
I bought there.
  • #484,652
  • Edited 2:40pm Jul 12, 2019 1:42pm | Edited 2:40pm
all out , weekly pivot 1.25696
I returned 4 previous blown accounts this week
now back to start , withrowel of all the profit and start with basic deposite amount
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21 ema h&s price channle support all the way
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yes yes yes
  • #484,653
  • Jul 12, 2019 1:49pm Jul 12, 2019 1:49pm
The small one has targets at 76-81, the larger one 1.2625-40.
We shall see on Monday, have a nice weekend
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  • #484,654
  • Jul 12, 2019 2:14pm Jul 12, 2019 2:14pm
Quoting Theoak
{quote} Anyone who is touching Swish Franc want their head looking at!!! My view only!!!

If you understood fibs, I'd have a 2nd thought!!! But since you don't...I'll take notice after you do. My view only!!!!
Attached Image
  • #484,655
  • Jul 12, 2019 2:41pm Jul 12, 2019 2:41pm
Near Perfect pa usdx and others also, may continue bear usdx next week with minimum correction. So others bull continue.
Attached Images
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #484,656
  • Jul 12, 2019 2:41pm Jul 12, 2019 2:41pm
Daily trend down pull back to 38.2 potential double top???? We will see next week
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  • #484,657
  • Jul 12, 2019 2:52pm Jul 12, 2019 2:52pm
Quoting Neil0163
Daily trend down pull back to 38.2 potential double top???? We will see next week {image}
this is reversal...
  • #484,658
  • Jul 12, 2019 3:04pm Jul 12, 2019 3:04pm
Quoting Marcieny
{quote} this is reversal...
Maybe so
  • #484,659
  • Jul 12, 2019 3:09pm Jul 12, 2019 3:09pm
I meant that reversal is going is go up.
  • #484,660
  • Jul 12, 2019 3:14pm Jul 12, 2019 3:14pm
Quoting Neil0163
Daily trend down pull back to 38.2 potential double top???? We will see next week {image}
Hi Neil. Fair call. have been watching this trend line as well. Price stalling here at the mo. Will have to see from here. My bias remains bullish so will wait for a clearer picture next week.
Thanks for bringing this up.
Cheers
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