Attachments: Cable Update (GBPUSD)

Cable Update (GBPUSD)

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Post #486,421
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Edited 11:48am Jul 23, 2019 11:34am | Edited 11:48am

fontu
Joined Mar 2008 | Status: Name real with real own way | 21,982 Posts

bull ok as expected but it super crazy once usdx & still watching for correction whenever chance , not going with it . admit best target there 97.57 not reached yet. lets see

for gbpusd 2417 not bad as support as too nearer 2414 , ok can be further lows 2384 to see reactions .better withstand with the crazy usdx bull , at least no free fall like eurusd@

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Not understand?better not follow my analyses!doubt clearer first, risks ++

Post #486,422
Quote
Jul 23, 2019 11:57am Jul 23, 2019 11:57am

Marcieny
Joined Jan 2019 | Status: "Ideas stimulate the mind" | 4,199 Posts

I will add shopping in Gu at any time.

Post #486,423
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Jul 23, 2019 11:57am Jul 23, 2019 11:57am

Seleckted
| Joined Jun 2019 | Status: Member | 45 Posts

Head and shoulders pattern forming on 4H chart?

Post #486,424
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Jul 23, 2019 12:03pm Jul 23, 2019 12:03pm

Coreg2004
Joined Oct 2009 | Status: Member | 4,367 Posts

Quoting fontu

Disliked

bull ok as expected but it super crazy once usdx & still watching for correction whenever chance , not going with it . admit best target there 97.57 not reached yet. lets see for gbpusd 2417 not bad as support as too nearer 2414 , ok can be further lows 2384 to see reactions .better withstand with the crazy usdx bull , at least no free fall like eurusd@ {image} {image} {image}

Ignored

I have a little lower target for DX to cool off (possibility). Check the chart fontu, the rest of my analysis matches perfectly yours.

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Always trade your own plan...I don't provide trading signals.

Post #486,425
Quote
Jul 23, 2019 12:14pm Jul 23, 2019 12:14pm

directxxx
| Joined Oct 2008 | Status: Member | 478 Posts

NOTHING will happen until 1.25 is broken. there is still a lesser downside risk but it is there. DXY is what is holding everything back.

Post #486,426
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Jul 23, 2019 12:29pm Jul 23, 2019 12:29pm

Marcieny
Joined Jan 2019 | Status: "Ideas stimulate the mind" | 4,199 Posts

I see it

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Post #486,427
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Jul 23, 2019 12:44pm Jul 23, 2019 12:44pm

Jacktheg
| Joined Dec 2016 | Status: Junior Member | 2 Posts

Making descending triangle which way to break???

If break up confirm w2 completed C U 1.26400
If break down go to 1.23800

Post #486,428
Quote
Jul 23, 2019 12:50pm Jul 23, 2019 12:50pm

mbrown
| Commercial Member | Joined May 2015 | 2,903 Posts

Quoting directxxx

Disliked

NOTHING will happen until 1.25 is broken. there is still a lesser downside risk but it is there. DXY is what is holding everything back.

Ignored

So why did you buy at 2480? Why didn't you wait?

Post #486,429
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Jul 23, 2019 12:56pm Jul 23, 2019 12:56pm

Marcieny
Joined Jan 2019 | Status: "Ideas stimulate the mind" | 4,199 Posts

LTa on weekly? GU

Post #486,430
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Jul 23, 2019 1:05pm Jul 23, 2019 1:05pm

Marcieny
Joined Jan 2019 | Status: "Ideas stimulate the mind" | 4,199 Posts

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Post #486,431
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Jul 23, 2019 1:08pm Jul 23, 2019 1:08pm

justfx87
| Joined Jun 2017 | Status: Member | 35 Posts

Hey

I've been crushing the GBPUSD lately. I've been shorting the rallies on GBPUSD because the overall trend is bearish. The lows continue to break and the rallies into previous market structure continue to be shorted. Hopefully, everyone is staying in the green for profit on this trade. I wish you guys success!

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Believe in Yourself- Be true to yourself!

Post #486,432
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Jul 23, 2019 1:09pm Jul 23, 2019 1:09pm

Marcieny
Joined Jan 2019 | Status: "Ideas stimulate the mind" | 4,199 Posts

if it's a LTA.... end of the line for the bears.

Post #486,433
Quote
Jul 23, 2019 1:14pm Jul 23, 2019 1:14pm

Giusto
| Joined Oct 2012 | Status: Member | 16 Posts

Quoting Marcieny

Disliked

{quote} Comodities and indices I think are better than forex.

Ignored

Too complicated to me. Do some here trade options on currencies and more specifically Cable?

Post #486,434
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Jul 23, 2019 1:15pm Jul 23, 2019 1:15pm

fontu
Joined Mar 2008 | Status: Name real with real own way | 21,982 Posts

open one of my daily chart , yeah still it may fall to next projected stoppage 2278 approximately though already on extended support level now , so more care about longs !

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Not understand?better not follow my analyses!doubt clearer first, risks ++

Post #486,435
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Jul 23, 2019 1:16pm Jul 23, 2019 1:16pm

Moty
Joined Dec 2017 | Status: Member | 28,730 Posts

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Post #486,436
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Jul 23, 2019 1:18pm Jul 23, 2019 1:18pm

Marcieny
Joined Jan 2019 | Status: "Ideas stimulate the mind" | 4,199 Posts

Quoting Giusto

Disliked

{quote} Too complicated to me. Do some here trade options on currencies and more specifically Cable?

Ignored

the more knowledge and studies the better it is ... i try to learn about various things .. but the pairs of pounds sometimes don't obey some behaviors .. or they don't do what we expect ... so this week i'm trying to operate by drawings of Candles.

This week I'm using more photographic memory...

I like the pound pairs because they are the hardest I think.