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Cable Update (GBPUSD)

  • #484,821
  • Jul 15, 2019 5:59am Jul 15, 2019 5:59am
Quoting Theoak
{quote} In at 1.2559 - target 1.2568 SL - 1.2555
Stop loss hit... Going to see if it breaks this resistance!!!
Don't trade what you think. Just what you see!!!
  • #484,822
  • Jul 15, 2019 6:01am Jul 15, 2019 6:01am
Quoting Theoak
{quote} Stop loss hit... Going to see if it breaks this resistance!!!
Already breaks my friend,
See 1.2520-1.2530 area
  • #484,823
  • Jul 15, 2019 6:02am Jul 15, 2019 6:02am
At the same time DXY neutral but EG flying again.
  • #484,824
  • Jul 15, 2019 6:06am Jul 15, 2019 6:06am
Eurgbp went all the way up to the high of the left shoulder
Attached Image (click to enlarge)
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yes yes yes
  • #484,825
  • Jul 15, 2019 6:06am Jul 15, 2019 6:06am
Eur/gbp manipulation
  • #484,826
  • Jul 15, 2019 6:09am Jul 15, 2019 6:09am
EG when it goes up ... makes GU, GCad and GCHF fall.
  • #484,827
  • Jul 15, 2019 6:18am Jul 15, 2019 6:18am
I'm long from 1.25432. H1 RSI bullish div
  • #484,828
  • Jul 15, 2019 6:19am Jul 15, 2019 6:19am
I may be wrong plus almost all pairs with euro have been manipulated already have a time,

they made the price come in certain regions, which made the price rise more.
  • #484,829
  • Jul 15, 2019 6:21am Jul 15, 2019 6:21am
15m
Attached Image (click to enlarge)
Click to Enlarge Name: New Doc 2019-07-15 14.21.11_1.jpg Size: 152 KB
yes yes yes
  • #484,830
  • Jul 15, 2019 6:31am Jul 15, 2019 6:31am
when the price wants to follow its natural cycle, they go there and manipulate again...It's difficult to operate...

they do not need to do much just put a pip or more in some regions.

EG just played two divergent resistance I'll wait what happens.
  • #484,831
  • Jul 15, 2019 6:37am Jul 15, 2019 6:37am
Quoting Moty
15m {image}
I think the bears are gonna fight you again today Moty, not sure you can take them all on lol.
  • #484,832
  • Jul 15, 2019 6:39am Jul 15, 2019 6:39am
Quoting WhipKream
{quote} I think the bears are gonna fight you again today Moty, not sure you can take them all on lol.
If anyone can!!! Moty can!!!!
Don't trade what you think. Just what you see!!!
  • #484,833
  • Jul 15, 2019 6:51am Jul 15, 2019 6:51am
Quoting Dingoman-two
{quote} Down my friend
Good call again dingo!!!! Do you give yourself a little tolerance on your Fib levels? My fib level for this target is 1.2523!!!
Don't trade what you think. Just what you see!!!
  • #484,834
  • Jul 15, 2019 6:54am Jul 15, 2019 6:54am
Once it breaks through trendline, then we have a small waterslide.
Attached Image (click to enlarge)
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  • #484,835
  • Jul 15, 2019 6:59am Jul 15, 2019 6:59am
Monday dance, be carefull bullish..
  • #484,836
  • Jul 15, 2019 7:00am Jul 15, 2019 7:00am
Quoting navk
the price may have toped out at 2579 for retrace. or 2600. ( doubtful ) First target 2531 Daily s1.
done.
Attached Image (click to enlarge)
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Intraday only.
  • #484,837
  • Jul 15, 2019 7:05am Jul 15, 2019 7:05am
Put another long ...
  • #484,838
  • Jul 15, 2019 7:15am Jul 15, 2019 7:15am
GBP / USD will not be able to overcome the level of 1.2600. There is now a line Kijun (blue). The stochastic is already close to 80, with such a mark it will not be able to rob the price level. And the trend is moving down. As you can see the red line Tenkan crossed the blue Kijun, a "Parade of three lines" was formed, and this is a trend.
Daily
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  • #484,839
  • Edited 7:36am Jul 15, 2019 7:21am | Edited 7:36am
Quoting Theoak
{quote} Good call again dingo!!!! Do you give yourself a little tolerance on your Fib levels? My fib level for this target is 1.2523!!!
No not really, I Use a trailing stop loss to squeeze every thing i can out of it.

My next support is at the 23.6 fib level being the 1.25027 area and maybe we will see a bounce at this point, my T/P Is at the 1.25195 area, in all fairness at 23.6 fib point, then the pull back/run should continue, then i will be looking for a top of 1.2783, at this point i would expect a full on reversal, and expect to retest the low of 1.2392 area.

Edit or we will continue with this bear run and retest the low of 1.2392 area very soon, if this low area gets broken then i will look into it again at that time.

  • #484,840
  • Edited 7:37am Jul 15, 2019 7:25am | Edited 7:37am
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