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Cable Update (GBPUSD)

  • #486,441
  • Jul 23, 2019 12:24pm Jul 23, 2019 12:24pm
Quoting Marcieny
{quote} wait because it will be anywhere.
ok! )))
  • #486,442
  • Jul 23, 2019 12:29pm Jul 23, 2019 12:29pm
Quoting justfx87
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! {image}
Hi Justfx87, rightly so, ...but at some point, the last low will hold ...hopefully for my analysis the lowest low which has been made on July, 17 otherwise I will need to reevaluate my daily chart.
Attached Image (click to enlarge)
Click to Enlarge Name: GU07.23.daily..PNG Size: 133 KB
Always trade your own plan...I don't provide trading signals.
  • #486,443
  • Jul 23, 2019 12:32pm Jul 23, 2019 12:32pm
Attached Image (click to enlarge)
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  • #486,444
  • Jul 23, 2019 12:39pm Jul 23, 2019 12:39pm
Quoting Marcieny
{image}
yea, first good sign...good luck with your trading.
Attached Image (click to enlarge)
Click to Enlarge Name: DX07.23.60M.b.PNG Size: 95 KB
Always trade your own plan...I don't provide trading signals.
  • #486,445
  • Jul 23, 2019 12:44pm Jul 23, 2019 12:44pm
What happens if Eur and dollar fall too much?
  • #486,446
  • Jul 23, 2019 12:46pm Jul 23, 2019 12:46pm
Quoting asgcorp
Now that all the retail chasers who lack patience skills in trading are fully convinced that it's time to load up on buy side market is ready for a flush and re-test of sign lows at 2380//2390.
Btw I see a lot of after the facts posts from you. Still waiting for 2380 and 2390? You switch from long to short more than I change my underpants. Its about time you show your trades.
Cheers
Trade to trade another day
  • #486,447
  • Jul 23, 2019 12:57pm Jul 23, 2019 12:57pm
Quoting mbrown
{quote} So why did you buy at 2480? Why didn't you wait?
I like to ease into a position but like you I was too early with that one. Stopped out until this morning when I got back in again.
  • #486,448
  • Jul 23, 2019 1:00pm Jul 23, 2019 1:00pm
Quoting asgcorp
btw, where's the bullish GU IHS, anyone seen it?
4h chart , i can see
  • #486,449
  • Jul 23, 2019 1:00pm Jul 23, 2019 1:00pm
Quoting asgcorp
{quote} what's the rush, then? You'd get a far better entry early next week...
Says Wave Garry, the guy who went long hard before the weekend near swing highs at 2505, when I said you'd be getting a much better entry next week. )))
You constantly go long at 2450, while it's getting rejected.

No worries, you will get 2380/2400 Wed/Thu the latest. )))
  • #486,450
  • Jul 23, 2019 1:04pm Jul 23, 2019 1:04pm
Quoting knkie
{quote} SL @ +3 pips Target 80 pips. Im going out into the sun....trade safe.
stopped out @ +13 pips.
I think long now for about 14 pips and then price must make a decision.
Attached Image (click to enlarge)
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in wondering about yourself, you forgot what you came here to be part of
  • #486,451
  • Jul 23, 2019 1:05pm Jul 23, 2019 1:05pm
Quoting asgcorp
You constantly go long at 2450, while it's getting rejected. No worries, you will get 2380/2400 Wed/Thu the latest. )))
Read the chart, GU is bottoming on H1 and H4...small rejections of 2450 don't matter...it will be broken soon...and we will go above 2580.
Everyone can see the chart, but only a few can actually read it.
  • #486,452
  • Jul 23, 2019 1:06pm Jul 23, 2019 1:06pm
Wave Garry, my community service days are over, I've run a thread with live calls/trades here and on Moneytec all in all for 4 years.
I've posted live calls, trade results etc etc in my thread - easy to verify, cause all the posts are still there.
Attached Image(s) (click to enlarge)
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  • #486,453
  • Jul 23, 2019 1:08pm Jul 23, 2019 1:08pm
Quoting OnlineAddict
{quote} Read the chart, GU is bottoming on H1 and H4...small rejections of 2450 don't matter...it will be broken soon...and we will go above 2580.
I've already read the chart, thanks for a heads-up. I'm shorting all the rips, ceiling is 2550 and there is no floor, not until we hit 2320/2340 early next month.
Aside from reading the chart, there are options levels, market flow data and sentiment, but obviously you got no clue about that.
  • #486,454
  • Jul 23, 2019 1:10pm Jul 23, 2019 1:10pm
Quoting asgcorp
{quote} I've already read the chart, thanks for a heads-up. I'm shorting all the rips, ceiling is 2550 and there is no floor, not until we hit 2320/2340 early next month. Aside from reading the chart, there are options levels, market flow data and sentiment, but obviously you got no clue about that.
Good luck with the drawdown then.
Everyone can see the chart, but only a few can actually read it.
  • #486,455
  • Edited 1:48pm Jul 23, 2019 1:16pm | Edited 1:48pm
Quoting asgcorp
{quote} Says Wave Garry, the guy who went long hard before the weekend near swing highs at 2505, when I said you'd be getting a much better entry next week. ))) You constantly go long at 2450, while it's getting rejected. No worries, you will get 2380/2400 Wed/Thu the latest. )))
nobody asked to see your ticket... My bad.
  • #486,456
  • Jul 23, 2019 1:30pm Jul 23, 2019 1:30pm
Quoting asgcorp
btw, where's the bullish GU IHS, anyone seen it?
come on asgcorp, don't you see good interest at 2431 to the long side where the wicks form? Sure GU has a few hurdles on the way up (see my chart) but it's trading, we don't have to know everything to make a decision and wait for the confirmation of the confirmation. Good luck with your trading
Attached Image (click to enlarge)
Click to Enlarge Name: GU 07.23.60M.c.PNG Size: 107 KB
Always trade your own plan...I don't provide trading signals.
  • #486,457
  • Jul 23, 2019 1:33pm Jul 23, 2019 1:33pm
Quoting asgcorp
{quote} I've already read the chart, thanks for a heads-up. I'm shorting all the rips, ceiling is 2550 and there is no floor, not until we hit 2320/2340 early next month. Aside from reading the chart, there are options levels, market flow data and sentiment, but obviously you got no clue about that.
You sure about that? GU trend is long, my next TP is 1.2550. I have 3 lots on GU long, and the last time I gave money back to the market was 8 years ago through a stupid entry...

Guz
Charts don't drive price, market conditions drive price...
  • #486,458
  • Jul 23, 2019 1:39pm Jul 23, 2019 1:39pm
Quoting Guztro
{quote} You sure about that? GU trend is long, my next TP is 1.2550. I have 3 lots on GU long, and the last time I gave money back to the market was 8 years ago through a stupid entry... Guz
very impressive...congrats.
Always trade your own plan...I don't provide trading signals.
  • #486,459
  • Jul 23, 2019 1:48pm Jul 23, 2019 1:48pm
Quoting Coreg2004
{quote} very impressive...congrats.
Thanks Coreg2004, I trade the retraces as well, here’s the results. When GU hit the target, I closed all the other trades manually. I’m fairly confident that the longer term trend on GU is bullish.

Guz
Attached Image (click to enlarge)
Click to Enlarge Name: 398E12AD-726A-46C5-8ACD-A61D7B47E054.png Size: 210 KB
Charts don't drive price, market conditions drive price...
  • #486,460
  • Jul 23, 2019 1:53pm Jul 23, 2019 1:53pm
Quoting Guztro
{quote} Thanks Coreg2004, I trade the retraces as well, here’s the results. When GU hit the target, I closed all the other trades manually. I’m fairly confident that the longer term trend on GU is bullish. Guz {image}
Guztro good you here ... answer me a question? an account of $ 21,000 or $ 21 million to be possible open operations on this volume?
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