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Cable Update (GBPUSD)

  • #484,861
  • Jul 15, 2019 6:58am Jul 15, 2019 6:58am
Quoting Guztro
{quote} 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
Hey buddy just seen this are you still long?
  • #484,862
  • Jul 15, 2019 6:59am Jul 15, 2019 6:59am
EURGBP, Wedges pattern on H4
Attached Image (click to enlarge)
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  • #484,863
  • Jul 15, 2019 7:34am Jul 15, 2019 7:34am
1.2510 soon...If usdX breaks 96.36...more down possible..
follow the flow of music $
  • #484,864
  • Jul 15, 2019 7:48am Jul 15, 2019 7:48am
Quoting ganam
1.2510 soon...If usdX breaks 96.36...more down possible..
Anothet test for 1.2520 first, will see movement..
  • #484,865
  • Jul 15, 2019 7:49am Jul 15, 2019 7:49am
Quoting viankoko88
{quote} Anothet test for 1.2520 first, will see movement..
let see is it hold 1.2520
follow the flow of music $
  • #484,866
  • Jul 15, 2019 7:56am Jul 15, 2019 7:56am
Quoting mbrown
{quote} Closed half for 10p, SL BE+ a few. 14:49 - Flipped to short. Very small size...testing setup for a potential EA.
According to this short setup, it should head to 2504 and if that can't hold to 2458. However, I haven't automated the edge yet so only have eyeball evidence and no hard stats!
  • #484,867
  • Jul 15, 2019 7:57am Jul 15, 2019 7:57am
Quoting ganam
{quote} let see is it hold 1.2520
Broke, i see 1.2505 again now..
  • #484,868
  • Jul 15, 2019 7:57am Jul 15, 2019 7:57am
Quoting Theoak
{quote} Has Blackjacker has correctly stated it has rejected from this area!! In at 1.2536 - target Don't know at moment will update UPDATE Target 1.2565 If this does turn and break this resistance I'll short and target the Big FAT round number 1.2500
Short now going for 1.2500 - In at 1.2516
Don't trade what you think. Just what you see!!!
  • #484,869
  • Jul 15, 2019 7:58am Jul 15, 2019 7:58am
Quoting Neil0163
{quote} Hey buddy just seen this are you still long?
Hi Neil0163, yes I am

Guz
Charts don't drive price, market conditions drive price...
  • #484,870
  • Jul 15, 2019 7:58am Jul 15, 2019 7:58am
At the same time EG is going to move above 0.90 again.

Eur/Usd neutral atm.
  • #484,871
  • Jul 15, 2019 7:58am Jul 15, 2019 7:58am
Quoting viankoko88
{quote} Broke, i see 1.2505 again now..
2515 looks good place to buy base on my system. Try one
SL @ 2470
TP @ 2580
Lets see
  • #484,872
  • Jul 15, 2019 8:02am Jul 15, 2019 8:02am
Quoting aarash
{quote} 2515 looks good place to buy base on my system. Try one SL @ 2470 TP @ 2580 Lets see
Buy limit area @1.2505
We'll see
  • #484,873
  • Jul 15, 2019 8:02am Jul 15, 2019 8:02am
Quoting mbrown
{quote} According to this short setup, it should head to 2504 and if that can't hold to 2458. However, I haven't automated the edge yet so only have eyeball evidence and no hard stats!

However, I should add: there is a 10% probability of today's closing price being less than 2504. Prepping my long!!!!
  • #484,874
  • Jul 15, 2019 8:03am Jul 15, 2019 8:03am
I go long on EU, not on GU.
  • #484,875
  • Edited 8:53pm Jul 15, 2019 8:11am | Edited 8:53pm
Quoting Mitiblotch
{quote} Gotcha! Lol... Well, I did some analysis on GU over the weekend and would love to go long at about 1.2515 area for a bounce. Let's see if it works out.
Scratch that! With COT showing institutions having added the highest net short positions since August 2018 this pair will most likely continue to fall. I'll instead look for spikes to sell.
  • #484,876
  • Jul 15, 2019 8:12am Jul 15, 2019 8:12am
1.25140 adr target
1.25081 wave 4 price
Up up and away from here
Attached Image (click to enlarge)
Click to Enlarge Name: New Doc 2019-07-15 18.10.58_1.jpg Size: 99 KB
yes yes yes
  • #484,877
  • Jul 15, 2019 8:15am Jul 15, 2019 8:15am
That's it for me today folks, and good night all from the land of ozz.

ZZZZZZZZZZ
  • #484,878
  • Jul 15, 2019 8:15am Jul 15, 2019 8:15am
Quoting Guztro
{quote} Hi Neil0163, yes I am Guz
Arr dam, it was exact same pattern that played out on the higher time frame two week ago double top, I've been shorting GU for last two weeks, I did have a long bias last week but in my post I said I was bullish only for a correction perspective. I think GU will melt lower.
  • #484,879
  • Jul 15, 2019 8:23am Jul 15, 2019 8:23am
Quoting Moty
1.25140 adr target 1.25081 wave 4 price Up up and away from here {image}
forgive me, im new here in the business, does that mean that based ur style its going up from here? TIA
  • #484,880
  • Jul 15, 2019 8:29am Jul 15, 2019 8:29am
Quoting mbrown
{quote} However, I should add: there is a 10% probability of today's closing price being less than 2504. Prepping my long!!!!
Attached Image (click to enlarge)
Click to Enlarge Name: MetaTrader 4 Admiral Markets.png Size: 159 KB
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