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Cable Update (GBPUSD)

  • #487,281
  • Jul 26, 2019 9:19pm Jul 26, 2019 9:19pm
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.
I will find this support ... because the drawings never failed.
EG was manipulated..in fact all euro pairs are falling ... only EG not.
  • #487,282
  • Jul 26, 2019 9:31pm Jul 26, 2019 9:31pm
Quoting Marcieny
{quote} I will find this support ... because the drawings never failed. EG was manipulated..in fact all euro pairs are falling ... only EG not.
How about
Attached Image (click to enlarge)
Click to Enlarge Name: eurgbp.png Size: 104 KB
  • #487,283
  • Jul 26, 2019 9:36pm Jul 26, 2019 9:36pm
Quoting Marcieny
{quote} I will find this support ... because the drawings never failed. EG was manipulated..in fact all euro pairs are falling ... only EG not.
Here is why EG is NOT falling, it's because the GBP is weaker than EUR. GBP is one of the weakest currencies at the moment.
Believe in Yourself- Be true to yourself!
  • #487,284
  • Jul 26, 2019 9:36pm Jul 26, 2019 9:36pm
Quoting Marcieny
{quote} I will find this support ... because the drawings never failed. EG was manipulated..in fact all euro pairs are falling ... only EG not.
Euro pairs failing...
EG not falling...

Because Pound is also falling.


Simple....
Come with me if you want to live....
  • #487,285
  • Jul 26, 2019 9:37pm Jul 26, 2019 9:37pm
Quoting Ill-b-back
{quote} Euro pairs failing... EG not falling... Because Pound is also falling. Simple....

LOL we both said the same thing at the same time ha ha. Well said!!!
Believe in Yourself- Be true to yourself!
  • #487,286
  • Jul 26, 2019 9:37pm Jul 26, 2019 9:37pm
Quoting justfx87
{quote} LOL we both said the same thing at the same time ha ha. Well said!!!
Come with me if you want to live....
  • #487,287
  • Jul 26, 2019 9:41pm Jul 26, 2019 9:41pm
Quoting justfx87
{quote} Here is why EG is NOT falling, it's because the GBP is weaker than EUR. GBP is one of the weakest currencies at the moment.
I saw good opportunities to learn to operate in reversal regions.
and learned a lot of things.

Cheers.
  • #487,288
  • Jul 26, 2019 9:43pm Jul 26, 2019 9:43pm
Quoting Ill-b-back
{quote} Euro pairs failing... EG not falling... Because Pound is also falling. Simple....
cheers to you too.
  • #487,289
  • Jul 26, 2019 9:43pm Jul 26, 2019 9:43pm
Quoting Marcieny
{quote} I will find this support ... because the drawings never failed. EG was manipulated..in fact all euro pairs are falling ... only EG not.
Look at the picture attached and you will see the relative weakness.
Attached Image (click to enlarge)
Click to Enlarge Name: 20190726_224127.jpg Size: 112 KB
Believe in Yourself- Be true to yourself!
  • #487,290
  • Jul 26, 2019 9:45pm Jul 26, 2019 9:45pm
Quoting Marcieny
{quote} cheers to you too.
Thank you

Always remember, never pair a weak currency against a weak currency... it becomes a coin flip because they're both weak. Hopefully this helps you
Believe in Yourself- Be true to yourself!
  • #487,291
  • Jul 26, 2019 9:46pm Jul 26, 2019 9:46pm
Quoting justfx87
{quote} Look at the picture attached and you will see the relative weakness. {image}
Let's see how the price reacts.

I do not operate based on statistics.
  • #487,292
  • Jul 26, 2019 10:08pm Jul 26, 2019 10:08pm
https://www.poundsterlinglive.com/gb...ank-of-england


Data shows that the lowest ever Pound-to-Dollar exchange rate was reached at 1.0420 on February 26, 1985.

Have to take it into consideration. I already went long and dont intend going out, however after the FED might have to adjust and reconsider some historical levels, will see.
Attached Image (click to enlarge)
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  • #487,293
  • Jul 26, 2019 10:13pm Jul 26, 2019 10:13pm
Quoting justfx87
{quote} 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.
I hear people often say this, but why?
  • #487,294
  • Jul 26, 2019 10:46pm Jul 26, 2019 10:46pm
Quoting Stormin_Norm
{quote} I hear people often say this, but why?
Believe in Yourself- Be true to yourself!
  • #487,295
  • Jul 26, 2019 10:46pm Jul 26, 2019 10:46pm
Quoting Marcieny
{quote} Let's see how the price reacts. I do not operate based on statistics.
Okay
Believe in Yourself- Be true to yourself!
  • #487,296
  • Edited Jul 27, 2019 1:28am Jul 26, 2019 11:54pm | Edited Jul 27, 2019 1:28am
Quoting fontu
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 {image}
Higher tf in driving seat and playing strong currency against weakest ones should pissed off already all bull or simple correction like above yesterday days end, may continue bear eu and gu till usdx correct a little any time. So gu may get 2280 and eu towards parity! Lets see how to deal next week.
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: GBPUSDDaily.png Size: 37 KB
Click to Enlarge Name: GBPUSDWeekly.png Size: 38 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #487,297
  • Jul 27, 2019 12:12am Jul 27, 2019 12:12am
Quoting DailyChart
Wish everyone have a happy Weekend https://www.youtube.com/watch?v=nT_DYZzLZPk
Love it man – Pure genius!!
Have you ever seen a Silver Fox. You have now!!!
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Don't trade what you think. Just what you see!!!
  • #487,298
  • Edited 12:30am Jul 27, 2019 12:20am | Edited 12:30am
Quoting Stormin_Norm
{quote} I hear people often say this, but why?
I'll answer that one very easy. 0k - you don't get paid offyour indicator!
Don't trade what you think. Just what you see!!!
  • #487,299
  • Jul 27, 2019 2:04am Jul 27, 2019 2:04am
ideas ideas ideas...

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDWeekly.png Size: 24 KB
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Come with me if you want to live....
  • #487,300
  • Jul 27, 2019 3:23am Jul 27, 2019 3:23am
hi- is it correct?
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