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Cable Update (GBPUSD)

  • #487,261
  • Jul 26, 2019 11:22am Jul 26, 2019 11:22am
Quoting Not-KPMG
{quote} Ohh come on pal. You're no a CABLE PROSTITUTE Or THE.... We know who THE cable prostitute is LOL {quote} Was 1.3120 at time of me writing this . Just saying... was selling In middle of 2018... He's been waiting 1.45 1.35 and 1.30 all his life (hard worker on street life {quote} Ohhhhhh noooooo When 1.45??? You still long??? 1 pip a day swap????? These were dozens months ago...
You are a sick.
  • #487,262
  • Jul 26, 2019 11:27am Jul 26, 2019 11:27am
Quoting Wavegarrick
Just thinking out loud, if you were or are a follower of Davit's weekly pivot thread you would start thinking of buy trades at these levels. Not that I am, but sure these levels are attractive. I am a pivot trader but look for more so will wait for next week. Nothing moves in a straight line and I don't see doom for the pound, if anything, the dollar will get a whack up the nose. Have great weekend. Cheers.
I used to trade his method but it didn't work for me (not saying it's rubbish) it was probably because I didn't understand it inside out like Davit does I kept getting burnt by countertrend trading.
  • #487,263
  • Jul 26, 2019 11:29am Jul 26, 2019 11:29am
GBP/USD hasn't been this low since 16 April 2017 and back then it was still recovering from the 1800 pips drop from the referendum result.
KEK
  • #487,264
  • Jul 26, 2019 11:32am Jul 26, 2019 11:32am
Quoting Neil0163
{quote} I used to trade his method but it didn't work for me (not saying it's rubbish) it was probably because I didn't understand it inside out like Davit does I kept getting burnt by countertrend trading.
Neil, they are onto something good. Just that they don't look at the whole picture.
Cheers.
Trade to trade another day
  • #487,265
  • Edited 12:31pm Jul 26, 2019 11:43am | Edited 12:31pm
Nothing great this usdx bull leg, just crazy up and ok as of higher tf from before, though risky all along. Watching little correction till tl at least, that is 97.75 breaks to likely test /break 97.67.
As eurusd and gbpusd both shocked a great may finding difficulty a tiny correction up gu 2410/try test 2416 and eu 1136. Time will heal though. Lets see
Attached Image
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #487,266
  • Jul 26, 2019 11:59am Jul 26, 2019 11:59am
you want to analyse th dx , ok .
Let's talk business
weekly
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daily
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yes yes yes
  • #487,267
  • Jul 26, 2019 1:14pm Jul 26, 2019 1:14pm
Quoting Marcieny
{quote} ...told me that olders are not always wiser... I have no ego...
"...told me that olders are not always wiser"

I'm sure there's a contradiction in here somewhere.

"I have no ego"
  • #487,268
  • Edited 1:36pm Jul 26, 2019 1:25pm | Edited 1:36pm
Just break 97.72 tl and next fight protect and next tl around 97.67. Breaks and hold need to good pressure on bull, actually need breaks 97.591 and first confirmation 97.50.
Attached Image
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #487,269
  • Jul 26, 2019 2:58pm Jul 26, 2019 2:58pm
Quoting DailyChart
{quote} No one will know how i am trade It took me for 9 years with a lot of tears blood and sweat So anyone who trade with experience below 5 years still newbie for me I see a lot members come and go Dont hate the player Just hate why we dont know how to understand and play the game well Accepting our loss and Admitting our mistakes a biggest step anyone can took for success in this life But this life suffering circle is always never ends and The problem is ... Human ego
He won’t tell you man. I’m still waiting for the ancient Chinese secret for egg fried rice. I had to go to great all-seeing mighty oracle (YouTube) to find out.
MSG, or monosodium glutamate
Don’t tell no one!!!!
Don't trade what you think. Just what you see!!!
  • #487,270
  • Jul 26, 2019 3:33pm Jul 26, 2019 3:33pm
Quoting Ill-b-back
Looks to me like more rejection coming for dear ol' Pound With USD index showing more classic pattern potential... {image} {image} {image}
GU still looks bearish, with USD progressing to target resistance zone in AB-CD
https://tvc-invdn-com.akamaized.net/...e46f273106.png
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Come with me if you want to live....
  • #487,271
  • Jul 26, 2019 4:24pm Jul 26, 2019 4:24pm
I wish a great weekend for all ..
the experience is not proportional to the time it is relative ... "I am not afraid of the man who practiced 10,000 different kicks but the man who practiced 10,000 times the same kick".
Bruce Lee
  • #487,272
  • Jul 26, 2019 4:26pm Jul 26, 2019 4:26pm
Something is not right about GBPUSD.

Price ought to be at 1.2831 at the close of this week according to Ichimoku projections.

How come price is trading over 400 pips lower?

Something is not right here.
  • #487,273
  • Jul 26, 2019 4:26pm Jul 26, 2019 4:26pm
Quoting Marcieny
I wish a great weekend for all .. the experience is not proportional to the time it is relative ... "I am not afraid of the man who practiced 10,000 different kicks but the man who practiced 10,000 times the same kick". Bruce Lee
Thanks you too. Have a happy weekend!
Believe in Yourself- Be true to yourself!
  • #487,274
  • Jul 26, 2019 4:30pm Jul 26, 2019 4:30pm
Quoting pipcenturion
Something is not right about GBPUSD. Price ought to be at 1.2831 at the close of this week according to Ichimoku projections. How come price is trading over 400 pips lower? Something is not right here.
That's what happens when something is in a strong downtrend. It keeps tanking. Go back and look at some charts from years ago, you will find... when prices develops a strong downtrend it keeps tanking- support keeps breaking. It's like support doesn't exist .

Happy trading!!!
Believe in Yourself- Be true to yourself!
  • #487,275
  • Jul 26, 2019 4:32pm Jul 26, 2019 4:32pm
Quoting Marcieny
I wish a great weekend for all .. the experience is not proportional to the time it is relative ... "I am not afraid of the man who practiced 10,000 different kicks but the man who practiced 10,000 times the same kick". Bruce Lee
Precisely,
Find an approach and refine it.

Just so long as it works.
Come with me if you want to live....
  • #487,276
  • Jul 26, 2019 4:37pm Jul 26, 2019 4:37pm
Quoting pipcenturion
Something is not right about GBPUSD. Price ought to be at 1.2831 at the close of this week according to Ichimoku projections. How come price is trading over 400 pips lower? Something is not right here.
Always remember price is king not the indicator or what the indicator projects. The indicator could be stating one thing and the price action is stating something else. Thus, follow the price action- the price is always right!. Unless a previous swing high is violated and price closes above the swing high and maintains higher.... The path of least resistance is down.
Believe in Yourself- Be true to yourself!
  • #487,277
  • Jul 26, 2019 4:40pm Jul 26, 2019 4:40pm
$ will tank next week
£ has been bullish - other charts
because
Boris will have to call a election despite saying not
you can see him implementing things like police very rapid
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #487,278
  • Jul 26, 2019 4:42pm Jul 26, 2019 4:42pm
triple on EU
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #487,279
  • Jul 26, 2019 4:48pm Jul 26, 2019 4:48pm
uc
nu
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #487,280
  • Jul 26, 2019 6:46pm Jul 26, 2019 6:46pm
Wish everyone have a happy Weekend
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