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Cable Update (GBPUSD)

  • #485,481
  • Jul 18, 2019 6:42am Jul 18, 2019 6:42am
Quoting palpite
{quote} Better you study more about harmonic patterns. .
Hmmm I think I'm ok for now maybe you shouldn't pay too much attention to indicators and measure it out yourself.
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  • #485,482
  • Jul 18, 2019 6:44am Jul 18, 2019 6:44am
Quoting thisara1
gbp never short very risky friends UK Parliament Backs Amendment Aiming To Block No-Deal Brexit
I don't think they can, they want to though
defeat can still be profitable
  • #485,483
  • Jul 18, 2019 6:48am Jul 18, 2019 6:48am
Quoting john-smith
{quote} I don't think they can, they want to though
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  • #485,484
  • Jul 18, 2019 6:49am Jul 18, 2019 6:49am
Quoting thisara1
gbp never short very risky friends UK Parliament Backs Amendment Aiming To Block No-Deal Brexit
I think BORIS rhetoric of do or die is just a political stunt to bully Brussels to get a better deal.
sell strength in falling markets, and buy weakness in rising markets.
  • #485,485
  • Jul 18, 2019 6:51am Jul 18, 2019 6:51am
palpite what kind of pattern is that? The harmonic Turkish kebab?
  • #485,486
  • Jul 18, 2019 6:51am Jul 18, 2019 6:51am
Quoting Neil0163
{quote} Hmmm I think I'm ok for now maybe you shouldn't pay too much attention to indicators and measure it out yourself. {image}

You believe in what the members of tradingview post there. Well, congrats to you.

The future will say if the pattern is wrong or right.

.
Together we can be strongest
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  • #485,487
  • Jul 18, 2019 6:51am Jul 18, 2019 6:51am
Quoting thisara1
gbp never short very risky friends UK Parliament Backs Amendment Aiming To Block No-Deal Brexit
No-Deal Brexit wont happen. EU will find way to extend Brexit if needed, no one in Europe will be happy with No-Deal. Economy is still fragile and taking any further risks is not on the map.
  • #485,488
  • Jul 18, 2019 6:55am Jul 18, 2019 6:55am
definitely saying he would sideline parliament was bearish or not saying one way or other
and wrong and I'm a leaver


Quoting htcone
https://twitter.com/BBCPolitics/stat...34763579121664 anyone understand the implication of this on Boris rhetoric of no deal
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #485,489
  • Jul 18, 2019 6:57am Jul 18, 2019 6:57am
times running out for lower low guys, they manage tiny gains, and have to be as tipsy toed as bulls
that means something
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #485,490
  • Jul 18, 2019 6:57am Jul 18, 2019 6:57am
H4 TL still in play and H4 price action looking strong.
Also, time will tell if bulls can use this TL to their advantage.

Neutral on GBP for now, cause bears failed to crack this TL, but bulls are yet to show any strength.v
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  • #485,491
  • Jul 18, 2019 7:00am Jul 18, 2019 7:00am
Reasons to buy I have many .... now where? because this pair already made me come and go several times.
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  • #485,492
  • Jul 18, 2019 7:00am Jul 18, 2019 7:00am
Quoting palpite
{quote} You believe in what the members of tradingview post there. Well, congrats to you. The future will say if the pattern is wrong or right. .
btw, some of the TA posted on TV is x100 better compared to FF. Just saying.
  • #485,493
  • Jul 18, 2019 7:01am Jul 18, 2019 7:01am
Quoting palpite
{quote} You believe in what the members of tradingview post there. Well, congrats to you. The future will say if the pattern is wrong or right. .
Fair enough what about patterns taken from Scott Carney book??
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  • #485,494
  • Jul 18, 2019 7:02am Jul 18, 2019 7:02am
Analysis of EURGBP can give us more idea if GBP is really getting strong or just making another lower high
sell strength in falling markets, and buy weakness in rising markets.
  • #485,495
  • Jul 18, 2019 7:02am Jul 18, 2019 7:02am
Quoting Neil0163
{quote} Hmmm I think I'm ok for now maybe you shouldn't pay too much attention to indicators and measure it out yourself. {image}
these calculations fail because they will only work in the fann fibonacci arc. It's what I'm trying to find out since it was not found ... so when the price blow up I'll know
  • #485,496
  • Jul 18, 2019 7:03am Jul 18, 2019 7:03am
Quoting htcone
Analysis of EURGBP can give us an idea if GBP is really getting strong or just making another lower high
very good point, yes.
  • #485,497
  • Jul 18, 2019 7:06am Jul 18, 2019 7:06am
Quoting Marcieny
{quote} these calculations fail because they will only work in the fann fibonacci arc. It's what I'm trying to find out since it was not found ... so when I blow up I'll know
Hey I have to disagree every time I've spotted a harmonic pattern that ties in with my fib ratios calculated from swing high and low following raw price action it works out, this is why I was saying 3 weeks ago people need to understand raw market movement which I guess is why I'm up over 700 pips from Gu shorts alone (on multiple orders). Sorry if I sounded rude towards you I didn't want to come across that way
  • #485,498
  • Jul 18, 2019 7:07am Jul 18, 2019 7:07am
if lower bullish divergence line goes much posted then its trend
if not its range at least
channel down or maybe wedge
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #485,499
  • Jul 18, 2019 7:08am Jul 18, 2019 7:08am
Quoting Neil0163
{quote} Hey I have to disagree every time I've spotted a harmonic pattern that ties in with my fib ratios calculated from swing high and low following raw price action it works out, this is why I was saying 3 weeks ago people need to understand raw market movement which I guess is why I'm up over 700 pips from Gu shorts alone (on multiple orders). Sorry if I sounded rude towards you I didn't want to come across that way
I meant the price to explode sorry.
  • #485,500
  • Jul 18, 2019 7:10am Jul 18, 2019 7:10am
Quoting blackjacker
{quote} No-Deal Brexit wont happen. EU will find way to extend Brexit if needed, no one in Europe will be happy with No-Deal. Economy is still fragile and taking any further risks is not on the map.
That's the point, when you are willing to leave (meaning you are the one wanting change) you have to act as if you don't need anything from the other side, ie: No-Deal, no one benefits from it so the EU would try to bring up better deal. I don't agree on a No-Deal Brexit but I think UK needs to act in that way to get a better deal.
defeat can still be profitable
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