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Cable Update (GBPUSD)

  • #484,661
  • Jul 12, 2019 3:20pm Jul 12, 2019 3:20pm
if the price close above 1.26 the chance to return is too low because it will close on the fibonacci fan ... and he will pick the next one next week.
  • #484,662
  • Jul 12, 2019 3:39pm Jul 12, 2019 3:39pm
Always keep the bigger picture in mind.
See the 61.8 lines up nicely with structure on the daily, price has been making lower lows and lower highs if it breaks that trend line up I'll look to short from daily 61.8.
Attached Image (click to enlarge)
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  • #484,663
  • Jul 12, 2019 3:39pm Jul 12, 2019 3:39pm
weeklies bullish ,
this 2 pointer down won't hold based on usd next movement
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #484,664
  • Jul 12, 2019 3:43pm Jul 12, 2019 3:43pm
weekly too the pip lower line as it was at top,
the weekly is right
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD-Weekly.png Size: 35 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #484,665
  • Jul 12, 2019 3:44pm Jul 12, 2019 3:44pm
Quoting Neil0163
Always keep the bigger picture in mind. See the 61.8 lines up nicely with structure on the daily, price has been making lower lows and lower highs if it breaks that trend line up I'll look to short from daily 61.8. {image}
then watch the monthly W
  • #484,666
  • Jul 12, 2019 3:46pm Jul 12, 2019 3:46pm
current
downtrenders are wrong
range is right
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #484,667
  • Jul 12, 2019 3:48pm Jul 12, 2019 3:48pm
im not drawing wacky personal lines
this chart is linked backward's as the market became clear
as how it developed


Quoting Bones
{quote} {image}
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD-1-hour.png Size: 48 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #484,668
  • Jul 12, 2019 4:01pm Jul 12, 2019 4:01pm
next week it's going to be hot
  • #484,669
  • Jul 12, 2019 4:03pm Jul 12, 2019 4:03pm
only a gap down would change my mind ,
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD-4-hours.png Size: 44 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #484,670
  • Edited 4:32pm Jul 12, 2019 4:07pm | Edited 4:32pm
Quoting Bones
only a gap down would change my mind , {image}
The candles of the day are tempting, maybe we see will the gap to high
  • #484,671
  • Edited Jul 13, 2019 6:10am Jul 12, 2019 4:07pm | Edited Jul 13, 2019 6:10am
In my opinion this market is Bullish. Let’s wait till next week!!! There is resistance at this level Fib, so could flip!
Don't trade what you think. Just what you see!!!
  • #484,672
  • Jul 12, 2019 4:14pm Jul 12, 2019 4:14pm
Weekly still ranging I would say.
  • #484,673
  • Jul 12, 2019 4:45pm Jul 12, 2019 4:45pm
if that's what I hope I'm already prepared, I've already operated unknown regions so I hope that next week we'll be on the right side.
together we are stronger ... and every day I like the people of this thread more....
excluding those who come offending us I am ignoring several.
  • #484,674
  • Jul 12, 2019 6:06pm Jul 12, 2019 6:06pm
Watching above for PA reasons to short
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDDaily.png Size: 33 KB
Come with me if you want to live....
  • #484,675
  • Jul 12, 2019 6:14pm Jul 12, 2019 6:14pm
Quoting Ill-b-back
Watching above for PA reasons to short {image}
I still do not understand your markings. really each person sees different.
or ?
  • #484,676
  • Jul 12, 2019 6:17pm Jul 12, 2019 6:17pm
Quoting Marcieny
{quote} I still do not understand your markings. really each person sees different. or ?
Tell me what you don't understand and I'll see if I can clarify.

I see USD support area below on the weekly.
Attached Image
Come with me if you want to live....
  • #484,677
  • Jul 12, 2019 6:21pm Jul 12, 2019 6:21pm
Quoting Ill-b-back
{quote} Tell me what you don't understand and I'll see if I can clarify. I see USD support area below on the weekly. {image}
okay ... the only way to avoid Flash S & P is to drop the dollar ... for the S & P soaring the dollar falls .. flash S & P is terrible the world would have a crisis ... then we can see a dollar fall.
Do you think the US government will let that happen?
S&P is more important.
  • #484,678
  • Jul 12, 2019 6:21pm Jul 12, 2019 6:21pm
Quoting mbrown
I have a monthly dynamic pivot at 2613 and ... {image}
Quoting mbrown
{quote} We have 4 hours left. I'm not expecting a hit, more of an explosion. {quote} I have nothing but respect for Gunslingers. (at 2531 move Sl to 2505, TP 2613)
Quoting mbrown
{quote} Or 30m? If the price can't get past 2531, it will probably head for 2422...based on PA of course. A strong break above 2531 opens the door to 2613. A daily close about 2613 opens the door to 2770 by the end of the month. PA and S/R analysis...not Illuminati analysis.
Quoting mbrown
{quote} So much happiness and jubilation in here right now. Congrats to all who managed to catch some of the quick windfall of pips!!! I still have 2530 as the gatekeeper to 2613. If there is no decisive break of 2530, I see 2422. So my bear line is 2530.
Quoting mbrown
Bystander privilege: The price will stop and pullback + or - 5 pips of 2530. Too many hidden resistance points on my setup. Put differently, today's close is going to be less than 2530 with a 90% probability. For a move high better not to touch 2530 at all today and retrace back to 2466 to build energy for a push to 2613.
Just one number will determine if it is 2770 or 2455 by month end.
  • #484,679
  • Jul 12, 2019 6:28pm Jul 12, 2019 6:28pm
Quoting Marcieny
{quote} okay ... the only way to avoid Flash S & P is to drop the dollar ... for the S & P soaring the dollar falls .. flash S & P is terrible the world would have a crisis ... then we can see a dollar fall. Do you think the US government will let that happen? S&P is more important.
You are talking extremes, Flash Crash/S&P soaring etc as if there is nothing in between. We are not trading yearly candles here.

I think the next rate decision is next week (18-19th) is this correct? Not sure.
The talk is they will drop rates.

If they do, then just like it has occurred many times before, the market will have already priced it in, the herd will short $ when the rate cut occurs (at support), they will provide some bonus liquidity for the smart money, be caught behind the curve (and well behind the market).

Let's see what happens...
Come with me if you want to live....
  • #484,680
  • Jul 12, 2019 6:31pm Jul 12, 2019 6:31pm
Quoting Ill-b-back
{quote} You are talking extremes, Flash Crash/S&P soaring etc as if there is nothing in between. We are not trading yearly candles here. I think the next rate decision is next week (18-19th) is this correct? Not sure. The talk is they will drop rates. If they do, then just like it has occurred many times before, the market will have already priced it in, the herd will short $ when the rate cut occurs (at support), they will provide some bonus liquidity for the smart money, be caught behind the curve (and well behind the market). Let's see what happens...
ok.... we will see smart money.. I spoke Inteligent money....

by the way the index rose today and the dollar fell.
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