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Cable Update (GBPUSD)

  • #486,421
  • Edited 10:48am Jul 23, 2019 10:34am | Edited 10:48am
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@
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDH4.png Size: 44 KB
Click to Enlarge Name: GBPUSDM30.png Size: 41 KB
Attached Image
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #486,422
  • Jul 23, 2019 10:57am Jul 23, 2019 10:57am
I will add shopping in Gu at any time.
  • #486,423
  • Jul 23, 2019 10:57am Jul 23, 2019 10:57am
Head and shoulders pattern forming on 4H chart?
  • #486,424
  • Jul 23, 2019 11:03am Jul 23, 2019 11:03am
Quoting fontu
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}
I have a little lower target for DX to cool off (possibility). Check the chart fontu, the rest of my analysis matches perfectly yours.
Attached Image (click to enlarge)
Click to Enlarge Name: DX07.23.4H.b.PNG Size: 113 KB
Always trade your own plan...I don't provide trading signals.
  • #486,425
  • Jul 23, 2019 11:14am Jul 23, 2019 11:14am
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.
  • #486,426
  • Jul 23, 2019 11:29am Jul 23, 2019 11:29am
I see it
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Dxy 2307.png Size: 161 KB
Click to Enlarge Name: dxy weekly.png Size: 169 KB
  • #486,427
  • Jul 23, 2019 11:44am Jul 23, 2019 11:44am
Making descending triangle which way to break???
If break up confirm w2 completed C U 1.26400
If break down go to 1.23800
  • #486,428
  • Jul 23, 2019 11:50am Jul 23, 2019 11:50am
Quoting directxxx
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.
So why did you buy at 2480? Why didn't you wait?
  • #486,429
  • Jul 23, 2019 11:56am Jul 23, 2019 11:56am
LTa on weekly? GU
  • #486,430
  • Jul 23, 2019 12:05pm Jul 23, 2019 12:05pm
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd2307weekly.png Size: 158 KB
  • #486,431
  • Jul 23, 2019 12:08pm Jul 23, 2019 12:08pm
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!
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20190723-130101_MetaTrader 4.jpg Size: 604 KB
Believe in Yourself- Be true to yourself!
  • #486,432
  • Jul 23, 2019 12:09pm Jul 23, 2019 12:09pm
if it's a LTA.... end of the line for the bears.
  • #486,433
  • Jul 23, 2019 12:14pm Jul 23, 2019 12:14pm
Quoting Marcieny
{quote} Comodities and indices I think are better than forex.
Too complicated to me. Do some here trade options on currencies and more specifically Cable?
  • #486,434
  • Jul 23, 2019 12:15pm Jul 23, 2019 12:15pm
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 !
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDDaily.png Size: 46 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #486,435
  • Jul 23, 2019 12:16pm Jul 23, 2019 12:16pm
Attached Image (click to enlarge)
Click to Enlarge Name: GU h1.png Size: 35 KB
Attached Image (click to enlarge)
Click to Enlarge Name: GU 5m.png Size: 29 KB
Attached Image (click to enlarge)
Click to Enlarge Name: eg h1.png Size: 34 KB
yes yes yes
  • #486,436
  • Jul 23, 2019 12:18pm Jul 23, 2019 12:18pm
Quoting Giusto
{quote} Too complicated to me. Do some here trade options on currencies and more specifically Cable?
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.
  • #486,437
  • Jul 23, 2019 12:18pm Jul 23, 2019 12:18pm
Attached Image (click to enlarge)
Click to Enlarge Name: DX-4-hours.png Size: 27 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #486,438
  • Jul 23, 2019 12:20pm Jul 23, 2019 12:20pm
yeah, man, post them all, let's see your EW. The more you post, the better.
  • #486,439
  • Jul 23, 2019 12:21pm Jul 23, 2019 12:21pm
btw, where's the bullish GU IHS, anyone seen it?
  • #486,440
  • Jul 23, 2019 12:23pm Jul 23, 2019 12:23pm
Quoting asgcorp
btw, where's the bullish GU IHS, anyone seen it?
wait because it will be anywhere.
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