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Cable Update (GBPUSD)

  • #484,941
  • Jul 16, 2019 12:24am Jul 16, 2019 12:24am
Quoting Moty
it's now or never {image}
Yes 61.8 hit, looking for back to your position Moty..
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  • #484,942
  • Jul 16, 2019 12:27am Jul 16, 2019 12:27am
Quoting Gilaforex13
Bull setup on M5
Look like will fail. SL 15 pips.
  • #484,943
  • Jul 16, 2019 12:28am Jul 16, 2019 12:28am
Quoting Neil0163
{quote} I guess so. I suppose id rather just sit back and be a lazy trader.
That's the thing, one trader's lazy approach is another trader's hard work approach.

If the price rejects 2487, I jump on the short train since it may be the only opportunity...ha!
  • #484,944
  • Jul 16, 2019 12:37am Jul 16, 2019 12:37am
UK Conservative MP Grieve: May Be Difficult For Parliament To Block No Deal Brexit
  • #484,945
  • Jul 16, 2019 12:38am Jul 16, 2019 12:38am
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yes yes yes
  • #484,946
  • Jul 16, 2019 12:39am Jul 16, 2019 12:39am
Quoting Zorrander
{quote} Put another short.. 1.2514
Out from my short ... Wait for retrace .. and short again in 1.2500
  • #484,947
  • Jul 16, 2019 12:40am Jul 16, 2019 12:40am
some crazy usdx correction up running & others tanking but it should halt soon with or with 96.70 usdx & others above previous bottom , so gbpusd should end correction down 2490 for 2865 + , so waiting till plays little below 2489 to bounce ,may be with london open .

price now below 2489 & next time breaks up this level , look for 2500 signal & 2516 breaks as confirmation I am looking with test long now.

usdx test the level target & breaks actually , so may try further up next time , but may correct before next target 96.77, got life again!
Attached Image(s) (click to enlarge)
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #484,948
  • Jul 16, 2019 12:46am Jul 16, 2019 12:46am
Quoting mbrown
{quote} If the price rejects 2487, I jump on the short train since it may be the only opportunity...ha!
Jumped on the short train. SL@ BE+ a few.

08:49: Close 90% for 15 pips and allow the remainder to go to 245x, Ceteris-paribus.
Attached Image
  • #484,949
  • Jul 16, 2019 12:49am Jul 16, 2019 12:49am
Quoting mbrown
{quote} Bet your house on it.
Yeah i was on the right Side! Just bought a new house
  • #484,950
  • Jul 16, 2019 12:50am Jul 16, 2019 12:50am
https://www.bloomberg.com/news/artic...w-offer-mulled
  • #484,951
  • Jul 16, 2019 12:52am Jul 16, 2019 12:52am
Quoting Ill-b-back
2550 a good R/R short
Or you can just short from 2515 area .

I see the bullish chatter is back

Some things never change.....
Come with me if you want to live....
  • #484,952
  • Jul 16, 2019 12:54am Jul 16, 2019 12:54am
Quoting Robst3r
{quote} Yeah i was on the right Side! Just bought a new house
Well done.

Quoting Ill-b-back
{quote} Or you can just short from 2515 area . I see the bullish chatter is back Some things never change.....
Well done.
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  • #484,953
  • Jul 16, 2019 12:57am Jul 16, 2019 12:57am
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yes yes yes
  • #484,954
  • Jul 16, 2019 1:02am Jul 16, 2019 1:02am
Will go down until 1.2433 ... Take long from thats area..not now...
  • #484,955
  • Jul 16, 2019 1:02am Jul 16, 2019 1:02am
Quoting fontu
some crazy usdx correction up running & others tanking but it should halt soon with or with 96.70 usdx & others above previous bottom , so gbpusd should end correction down 2490 for 2865 + , so waiting till plays little below 2489 to bounce ,may be with london open . price now below 2489 & next time breaks up this level , look for 2500 signal & 2516 breaks as confirmation I am looking with test long now. usdx test the level target & breaks actually , so may try further up next time , but may correct before next target 96.77, got life again! {image}...
It has tested daily s2 and weekly s1.

If it is only USDX Correction, this is the level GU must hold and go up
Intraday only.
  • #484,956
  • Jul 16, 2019 1:03am Jul 16, 2019 1:03am
next stop 1.2440
follow the flow of music $
  • #484,957
  • Jul 16, 2019 1:05am Jul 16, 2019 1:05am
Quoting ganam
{quote} USD getting stronger now...i feel its difficult to pound to go up
Yeah it is indeed difficult but this up move will still happen. It is a matter of patience.
Data + Stat + Risk/Emotions Management
  • #484,958
  • Jul 16, 2019 1:09am Jul 16, 2019 1:09am
Quoting Moty
{image}
Make a fresh High Daily,
Now we wait for GBP news 20 minutes later..
  • #484,959
  • Jul 16, 2019 1:11am Jul 16, 2019 1:11am
Quoting navk
{quote} It has tested daily s2 and weekly s1. If it is only USDX Correction, this is the level GU must hold and go up
some exaggeration happening , not that reliable , pa changes to some increased range movements today. lets see
Attached Images
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #484,960
  • Jul 16, 2019 1:14am Jul 16, 2019 1:14am
Pound had enough against Euro but against Dollar I think neither stand a chance for now.
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