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Cable Update (GBPUSD)

  • #486,001
  • Edited 5:47pm Jul 20, 2019 3:50pm | Edited 5:47pm

"The first duty of intelligence is to distrust itself"

Albert Einstein

  • #486,002
  • Jul 20, 2019 3:50pm Jul 20, 2019 3:50pm
Quoting kette
yes, but wait {image}
Well, price is likely to fill the single print TPOs below before moving up.

Although, I'd feel more confident about an up move if there wasn't a single print cut off of price at 2556ish. I would have preferred more price acceptance at that level.

Strictly from an internal clock of the market perspective, the profiles still look like they are distributing upwards in the search of balance.
  • #486,003
  • Jul 20, 2019 3:57pm Jul 20, 2019 3:57pm
Quoting Wavegarrick
{quote} I am flabbergasted by the "will" Guys, The market will, price will move up, price will move down, there will be a gap up or down. I have been around long enough to know that nothing is certain in forex and most cock sure predictions are hog wash. Asgcorp I am sad to see a highly ranking and respected person like you telling me I might get upset if the market gaps down on me. It makes no difference to me and to be honest it is part of business. I don't get upset, I regroup and execute. Also, how many Gaps have you seen in Gu in the last couple...
The pound will hit 2 dollars next week… Definitely!!! You watch this space!!!
Don't trade what you think. Just what you see!!!
  • #486,004
  • Jul 20, 2019 3:59pm Jul 20, 2019 3:59pm
Quoting mbrown
{quote} I get why Asgcorp p*ssed you off; your long load is quite light and you are deep in the green pips with open longs!!! Plus it is your capital and free-will! Not guilty!!! However, going into next week I'll have the scenario below at the forefront of my mind. If it's wrong, it is wrong...we have stop-losses for that. {quote} ================================================================================================ {quote} {quote} Some traders require a sense of absolute certainty before they can place the trade, I have a good friend...
So we talking about the same, arent we.
  • #486,005
  • Jul 20, 2019 3:59pm Jul 20, 2019 3:59pm
Quoting mbrown
{quote} Well, price is likely to fill the single print TPOs below before moving up. Although, I'd feel more confident about an up move if there wasn't a single print cut off of price at 2556ish. I would have preferred more price acceptance at that level. Strictly from an internal clock of the market perspective, the profiles still look like they are distributing upwards in the search of balance.

comes the break 1.2578, it can go 1.2644
If we stay below 1.2588 for a long time, it falls back into high volume
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDDaily.png Size: 82 KB
  • #486,006
  • Jul 20, 2019 4:00pm Jul 20, 2019 4:00pm
Quoting kette
{quote} comes the break 1.2578, it can go 1.2644 If we stay below 1.2588 for a long time, it falls back into high volume {image}
I see it! Nice chart.

From the look of the VPO, "comes the break 1.2578, it can go 1.2644 " that would be a very quick move.
  • #486,007
  • Jul 20, 2019 4:01pm Jul 20, 2019 4:01pm
nobody knows how it comes, politics plays a big role, fast up and down
  • #486,008
  • Jul 20, 2019 4:03pm Jul 20, 2019 4:03pm
Quoting kette
nobody knows how it comes, politics plays a big role, fast up and down
Thats what I expect for the week thats coming.
  • #486,009
  • Jul 20, 2019 4:03pm Jul 20, 2019 4:03pm
I see a change we have a konsolodierung in the moment, that may take
  • #486,010
  • Jul 20, 2019 4:04pm Jul 20, 2019 4:04pm
Quoting blackjacker
{quote} So we talking about the same, arent we.
I believe we are talking about the same thing.
  • #486,011
  • Jul 20, 2019 4:04pm Jul 20, 2019 4:04pm
Quoting blackjacker
{quote} Thats what I expect for the week thats coming.
I see that as well as her when does the detonator come
  • #486,012
  • Jul 20, 2019 4:06pm Jul 20, 2019 4:06pm
Quoting kette
nobody knows how it comes, politics plays a big role, fast up and down
Quoting blackjacker
{quote} Thats what I expect for the week thats coming.


I agree BUT I do not enter a trading week without as many scenarios in mind as possible.
  • #486,013
  • Jul 20, 2019 4:07pm Jul 20, 2019 4:07pm
Quoting mbrown
{quote} I see it! Nice chart. From the look of the VPO, "comes the break 1.2578, it can go 1.2644 " that would be a very quick move.

That's what I'm expecting
  • #486,014
  • Jul 20, 2019 4:08pm Jul 20, 2019 4:08pm
Quoting mbrown
{quote} {quote} I agree BUT I do not enter a trading week without as many scenarios in mind as possible.

watch, then trade
  • #486,015
  • Jul 20, 2019 4:09pm Jul 20, 2019 4:09pm
sorry, my english is not that good
  • #486,016
  • Jul 20, 2019 4:13pm Jul 20, 2019 4:13pm
Quoting kette
sorry, my english is not that good
I understand your English perfectly.

Quoting kette
{quote} watch, then trade

You are saying trade in the moment and trade as price develops.
  • #486,017
  • Jul 20, 2019 4:18pm Jul 20, 2019 4:18pm
Quoting mbrown
{quote} I understand your English perfectly. {quote} You are saying trade in the moment and trade as price develops.
thank you for your kind words
  • #486,018
  • Jul 20, 2019 4:28pm Jul 20, 2019 4:28pm
“The woman who follows the crowd will usually go no further than the crowd. The woman who walks alone is likely to find herself in places no one has ever been before.”
― Albert Einstein
  • #486,019
  • Edited 5:33pm Jul 20, 2019 5:13pm | Edited 5:33pm
Quoting mbrown
“The woman who follows the crowd will usually go no further than the crowd. The woman who walks alone is likely to find herself in places no one has ever been before.” ― Albert Einstein
Is it from Einstein this phrase?
  • #486,020
  • Jul 20, 2019 5:39pm Jul 20, 2019 5:39pm
Quoting Marcieny
{quote} Is it from Einstein this phrase?
His wife...
Come with me if you want to live....
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