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Cable Update (GBPUSD)

  • #484,781
  • Jul 15, 2019 2:15am Jul 15, 2019 2:15am
Sold it with tight SL.
  • #484,782
  • Jul 15, 2019 2:19am Jul 15, 2019 2:19am
Quoting Gilaforex13
{quote} I dont know why i sold it.
no selling before 1.26107 imo
Attached Image (click to enlarge)
Click to Enlarge Name: GU h1.png Size: 35 KB
yes yes yes
  • #484,783
  • Jul 15, 2019 2:24am Jul 15, 2019 2:24am
Hit my SL. Still looking for setup.
  • #484,784
  • Jul 15, 2019 2:31am Jul 15, 2019 2:31am
Bear setup on M5.
  • #484,785
  • Edited 2:54am Jul 15, 2019 2:34am | Edited 2:54am
I dont see anything in 4h,waiting,dont rush to trade often leading to faulse red trades

Attached Image (click to enlarge)
Click to Enlarge Name: 789.png Size: 120 KB
  • #484,786
  • Jul 15, 2019 2:58am Jul 15, 2019 2:58am
Quoting Neil0163
38.2 retracement so far doji on the daily at that hesitation area. 4 hour shows a potential double top at a nice 4 hour structure level see how price action plays out I did want a deeper re-trace back to daily structure with 61.8 but if we get a move down from 38.2 we know that the bearish trend is still strong. {image} {image}
Hi Neil0163, I'm going to differ with you buddy, the trend is bullish. I'm treating any bearish moves as market corrections, let's see how this plays out.

Guz
Charts don't drive price, market conditions drive price...
  • #484,787
  • Jul 15, 2019 3:03am Jul 15, 2019 3:03am
Hi, new here, I went short a few minutes ago, I believe it was the right decision, but should I have maybe waited a bit longer?
defeat can still be profitable
  • #484,788
  • Jul 15, 2019 3:07am Jul 15, 2019 3:07am
Why do I believe in long? Because buyers got a push back down, but returned the next day with greater aggressiveness and finished with buyers hand on top
Attached Image (click to enlarge)
Click to Enlarge Name: GU d1.png Size: 15 KB
yes yes yes
  • #484,789
  • Jul 15, 2019 3:17am Jul 15, 2019 3:17am
Quoting john-smith
Hi, new here, I went short a few minutes ago, I believe it was the right decision, but should I have maybe waited a bit longer?
Time will tell my friend.
  • #484,790
  • Jul 15, 2019 3:27am Jul 15, 2019 3:27am
Below the open now !!! Flip or fly is now in question
Quoting elbert3
{quote} Nice buy there
  • #484,791
  • Jul 15, 2019 3:38am Jul 15, 2019 3:38am
Nz now over 6700 gbj hit 4 hour bottom to do let’s see where gu is going now ? Watch low charts
  • #484,792
  • Jul 15, 2019 3:38am Jul 15, 2019 3:38am
Quoting Dingoman-two
{quote} Time will tell my friend.
I think you are correct dingo. I can see a resistance zone at this level 1.2551. I have a long on this at the moment will cut it if it breaks this level or turns!!!
Don't trade what you think. Just what you see!!!
  • #484,793
  • Jul 15, 2019 3:44am Jul 15, 2019 3:44am
Quoting Wavegarrick
{quote} Hi Guys, Us dollar index futures. Right now I see a sustained period of dollar weakness. My monthly pivot at 96.253 remains integral but the signs are there for further weakness. GU and Eu moving up, not necessarily because of their own strengths but merely because of dollar weakness. EurGbp is a testimony of that. Both Eu and Gu are moving up in tandem and positively correlated at the moment. {image} With Gu we've had almost a full bodied candle on the weekly time frame which is important for future bullish price action. Important to me,...
I love your pivot point indicator. Can I learn the name of the indicator.If not, it doesn't matter. Thank you.
  • #484,794
  • Jul 15, 2019 3:45am Jul 15, 2019 3:45am
I've been observing Eur / Gbp affects other pound pairs too not only GU
  • #484,795
  • Jul 15, 2019 3:46am Jul 15, 2019 3:46am
Oke iam out from short ..i get 25 pips ... I open long for now and hope will be break 1.2582 . put my TP in 1.2592 ...
  • #484,796
  • Jul 15, 2019 3:52am Jul 15, 2019 3:52am
Need pulback around 1.2520-1.2530 for continue bull..
Target 1.2620,
Overbought area now,
  • #484,797
  • Jul 15, 2019 4:01am Jul 15, 2019 4:01am
Quoting Theoak
{quote} I think you are correct dingo. I can see a resistance zone at this level 1.2551. I have a long on this at the moment will cut it if it breaks this level or turns!!!
Ok there is the turn!!! Short in at 1.2553. I have lost 24 pips. Now will have to be careful as previously mentioned resistance at 1.2551. Will take pips if this look like it is rejecting!!! if not first target is 1.2534, then the next 1.2523!!
Don't trade what you think. Just what you see!!!
  • #484,798
  • Jul 15, 2019 4:02am Jul 15, 2019 4:02am
Quoting Theoak
{quote} Ok there is the turn!!! Short in at 1.2553. I have lost 24 pips. Now will have to be careful as previously mentioned resistance at 1.2551. Will take pips if this look like it is rejecting!!! if not first target is 1.2534, then the next 1.2523!!
Usually monday with no news will make a pullback after big move,
Now, bearish move.. Watchout,
  • #484,799
  • Jul 15, 2019 4:03am Jul 15, 2019 4:03am
Quoting Theoak
{quote} I think you are correct dingo. I can see a resistance zone at this level 1.2551. I have a long on this at the moment will cut it if it breaks this level or turns!!!
its broken, may be downword trend..1.2550 holding
follow the flow of music $
  • #484,800
  • Jul 15, 2019 4:10am Jul 15, 2019 4:10am
Quoting Theoak
{quote} Ok there is the turn!!! Short in at 1.2553. I have lost 24 pips. Now will have to be careful as previously mentioned resistance at 1.2551. Will take pips if this look like it is rejecting!!! if not first target is 1.2534, then the next 1.2523!!
OUT BREAK EVEN
Don't trade what you think. Just what you see!!!
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