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Cable Update (GBPUSD)

  • #486,301
  • Jul 23, 2019 5:44am Jul 23, 2019 5:44am
time to buy .... after correction is complete to 76.4% fibo
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The Average Discount Everything
  • #486,302
  • Jul 23, 2019 5:45am Jul 23, 2019 5:45am
Quoting Theoak
{quote} I'll give you one guess!!!!
https://www.bbc.co.uk/news/uk-politics-49078864
Don't trade what you think. Just what you see!!!
  • #486,303
  • Jul 23, 2019 5:48am Jul 23, 2019 5:48am
Quoting hesron
time to buy .... after correction is complete to 76.4% fibo {image}
Nice scenario!
  • #486,304
  • Jul 23, 2019 6:01am Jul 23, 2019 6:01am
Quoting mbrown
{quote} Nice scenario!
I suspect the FED also wants a solution to the correction because last week FED complained a lot about its subsequent economic growth.
Even if no new trend is formed at least to complete the cycle of ABC correction.
The Average Discount Everything
  • #486,305
  • Jul 23, 2019 6:05am Jul 23, 2019 6:05am
Quoting hesron
{quote} I suspect the FED also wants a solution to the correction because last week FED complained a lot about its subsequent economic growth. Even if no new trend is formed at least to complete the cycle of ABC correction.
It is a very good scenario although I forecast a much higher price if the scenario unfolds.

============================================================

Quoting mbrown
{quote} I cannot be tempted back in on the short side unless 2468 is touched. 2434 was taken out with ease.
Short re-fill!!! Let's see!!!
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  • #486,306
  • Jul 23, 2019 6:05am Jul 23, 2019 6:05am
Quoting Theoak
{quote} https://www.bbc.co.uk/news/uk-politics-49078864
Johnson

Inserted Video

Inserted Video


No prisoners!!!!
Don't trade what you think. Just what you see!!!
  • #486,307
  • Jul 23, 2019 6:07am Jul 23, 2019 6:07am
going down
defeat can still be profitable
  • #486,308
  • Jul 23, 2019 6:09am Jul 23, 2019 6:09am
Quoting john-smith
going down
WHY
  • #486,309
  • Jul 23, 2019 6:09am Jul 23, 2019 6:09am
Quoting mbrown
{quote} It is a very good scenario although I forecast a much higher price if the scenario unfolds. ============================================================ {quote} Short re-fill!!! Let's see!!! {image}
we will see whether today's daily prices are able to close above yesterday's close daily as a key
The Average Discount Everything
  • #486,310
  • Jul 23, 2019 6:10am Jul 23, 2019 6:10am
The break up is coming
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yes yes yes
  • #486,311
  • Jul 23, 2019 6:10am Jul 23, 2019 6:10am
One less impediment. At least the leadership situation has now been resolved. GU should now rise consistently.
  • #486,312
  • Jul 23, 2019 6:11am Jul 23, 2019 6:11am
Take profit removed. This might develop into a long-term short play.
  • #486,313
  • Jul 23, 2019 6:11am Jul 23, 2019 6:11am
Quoting hesron
{quote} we will see whether today's daily prices are able to close above yesterday's close daily as a key
The new PM is hard Brexitter who wants NO-DEAL
KEK
  • #486,314
  • Jul 23, 2019 6:15am Jul 23, 2019 6:15am
M15 have a tail. Is it going down?
  • #486,315
  • Jul 23, 2019 6:16am Jul 23, 2019 6:16am
Quoting Dingoman-two
{quote} WHY
why what?
defeat can still be profitable
  • #486,316
  • Jul 23, 2019 6:16am Jul 23, 2019 6:16am
Quoting mbrown
Take profit removed. This might develop into a long-term short play.
Really Max? I think 1.2530 ish next play. 1.25 is the key.
  • #486,317
  • Jul 23, 2019 6:17am Jul 23, 2019 6:17am
Quoting john-smith
{quote} why what?
why do you think it will go down my friend
  • #486,318
  • Jul 23, 2019 6:18am Jul 23, 2019 6:18am
Quoting Gilaforex13
M15 have a tail. Is it going down?

Who knows! But my gut tells me (supported by an open economy IS/LM model), that the GBP goes down beyond all my downside targets. Parity anyone? Let's see.

(As soon as I post new reply the price will probably bull up by 200 pips...lol)
  • #486,319
  • Jul 23, 2019 6:22am Jul 23, 2019 6:22am
NVM it is going up for some reason.
KEK
  • #486,320
  • Jul 23, 2019 6:23am Jul 23, 2019 6:23am
Quoting impunctual20
{quote} The new PM is hard Brexitter who wants NO-DEAL

Not 100% correct he wants a deal and said most likely scenario however he will not hesitate to leave without a deal. The thing is a deal suits everyone a no deal suits no one
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