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Cable Update (GBPUSD)

  • #486,741
  • Jul 24, 2019 10:28am Jul 24, 2019 10:28am
Quoting DailyChart
{quote} I am beyond perfection also But let me tell you something Marcie Perfection is not a guarantee Because we are not Perfect also
I agree that no one is perfect ....

but this is me .. I was born with it .. either do something well done or not.
  • #486,742
  • Jul 24, 2019 10:32am Jul 24, 2019 10:32am
Hi Guys,
Symmetrical triangle forming. Rinse, repeat. Rinse, repeat. Which points to indecision at this point in time. I hope for a breakout of that little descending t/line with my triangle. Trading never is easy, is it?. Still hope for a daily close above 1.2500.
All the best.
Cheers
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Trade to trade another day
  • #486,743
  • Jul 24, 2019 10:35am Jul 24, 2019 10:35am
Quoting Marcieny
{quote} I agree that no one is perfect .... but this is me .. I was born with it .. either do something well done or not.
Intraday only.
  • #486,744
  • Jul 24, 2019 10:36am Jul 24, 2019 10:36am
I would never trade with no stop by the way
I have a core position which is break-even as before

Quoting DailyChart
{quote} The way my bro bones trade style can make big money in short period of time with high leverage but i am just afraid because too strongly bias then you guys not put stop for your trade We can have tons of loss but with proper mm and trading style then we can make a very big money in no time here
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #486,745
  • Jul 24, 2019 10:41am Jul 24, 2019 10:41am
Quoting DailyChart
{quote} Nothing is certain in this life Even the perfect Plan,Ideas,business,marriage or even SETUP can be fails also

The whole problem with the world is that fools and fanatics are always so certain of themselves, and wiser people so full of doubts. Bertrand Russell

Let doubt prevail
Don't trade what you think. Just what you see!!!
  • #486,746
  • Jul 24, 2019 10:46am Jul 24, 2019 10:46am
4 hr Scenario.
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Never follow/blame others,Patience is the key skill for Succesfull trading.
  • #486,747
  • Jul 24, 2019 10:48am Jul 24, 2019 10:48am
yeah as noted previously, GU getting locked into symm trn on H4, strong impact due to ECB tmrw not likely.
Will remain tough to trade well into Fed.

Unless you have a strong idea for the direction of the breakout and/or scalping for small moves, probably best
trade idea is to stay out of this market.

PS: EG short still remains a better setup - due to GU/EU divergence (GU locked in range, EU in freefall mode).
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  • #486,748
  • Jul 24, 2019 10:48am Jul 24, 2019 10:48am
Price can move in yellow box to maintain view but I'm thinking the pivot is very important
ideally close nearer the top or out top
consolidation right now
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #486,749
  • Edited 11:08am Jul 24, 2019 10:50am | Edited 11:08am
Daily Chart I didn't want to be part of the people who try to do the best in everything ... it's boring to be like this ...So I need to work hard on the mind ....but.....can't change that in myself. ... So I have to use it to my Please somehow....
  • #486,750
  • Jul 24, 2019 10:58am Jul 24, 2019 10:58am
My volume chart. Daily.

It suggests, may be bottom has formed ?

2380 is key to the volume shown in the chart.
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Intraday only.
  • #486,751
  • Jul 24, 2019 11:04am Jul 24, 2019 11:04am
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  • #486,752
  • Jul 24, 2019 11:08am Jul 24, 2019 11:08am
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yes yes yes
  • #486,753
  • Jul 24, 2019 11:22am Jul 24, 2019 11:22am
Quoting Bones
Price can move in yellow box to maintain view but I'm thinking the pivot is very important ideally close nearer the top or out top consolidation right now {image}
By chance if the correction in in impulse , may in channel , still go little up but resistance zone now
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #486,754
  • Jul 24, 2019 11:24am Jul 24, 2019 11:24am
Hi Guys,
I promised myself that I would never get into discussing trades other than Eu and Gu. But here goes with EurGbp.. I do believe at some point that the euro will get to an equilibrium with the pound and the one currency that will have to give in is the dollar which is way o/bought at the moment. My yearly pivot sits at .89003 which will prove a catalyst for this pair going forward. My weekly support 2 sits at .88938 and I believe at some point here we could see a good pull back. I don't believe the euro and pound will fight each other for ever and I do believe that the dollar will weaken at some point to give Eu and Gu the space they need to correct. Nothing goes down in a straight line. What goes up must come down and vice versa.
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Usd index futures:
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Make your mind up from this. But all I can see is that Us dollar strength cannot continue forever. If you have a bias let it go and look at the big picture.
Cheers.
Trade to trade another day
  • #486,755
  • Jul 24, 2019 11:27am Jul 24, 2019 11:27am
eur gbp is weekly bearish off major
but daily EU is bullish on close

Quoting Wavegarrick
Hi Guys, I promised myself that I would never get into discussing trades other than Eu and Gu. But here goes with EurGbp.. I do believe at some point that the euro will get to an equilibrium with the pound and the one currency that will have to give in is the dollar which is way o/bought at the moment. My yearly pivot sits at .89003 which will prove a catalyst for this pair going forward. My weekly support 3 sits at .88938 and I believe at some point here we could see a good pull back. I don't believe the euro and pound will fight each other for...
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #486,756
  • Edited 11:53am Jul 24, 2019 11:38am | Edited 11:53am
I'm not buying any euro pairs .. because this EG drop maybe affect make some other euro pairs fall too...

I'm not buy nor the eur / usd even the quotation being dollar.

gu is trying to follow its cycle ... this pair is past your time of rising... due to sales pressures.
  • #486,757
  • Jul 24, 2019 11:38am Jul 24, 2019 11:38am
maybe have to settle for star of the evening star type

Quoting fontu
{quote} By chance if the correction in in impulse , may in channel , still go little up but resistance zone now {image}
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #486,758
  • Jul 24, 2019 11:39am Jul 24, 2019 11:39am
waiting price below 97.30 to start usdx small bull towards 97.44 & me off
Attached Image
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #486,759
  • Jul 24, 2019 12:01pm Jul 24, 2019 12:01pm
How about this 15 min. scenario. The slope is very stable by now.
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  • #486,760
  • Jul 24, 2019 12:16pm Jul 24, 2019 12:16pm
I Just saw one my friends break his own head by the beer bottle that he drink


that's makes my tears keep dropping ...


anyway... I am remain LONG
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