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Cable Update (GBPUSD)

  • #487,661
  • Jul 29, 2019 9:24pm Jul 29, 2019 9:24pm
Most of people will keep buying when price keep down and They will keep Selling When Price Keep Going up

This is because The Market like to trap most retailers mind during ranging market

The more you think it's impossible price behave then the more market would like to test you

Just remain calm and focus on your chart

Let's see how the london play

Time for exercise
  • #487,662
  • Jul 29, 2019 9:33pm Jul 29, 2019 9:33pm
Quoting DailyChart
Most of people will keep buying when price keep down and They will keep Selling When Price Keep Going up This is because The Market like to trap most retailers mind during ranging market The more you think it's impossible price behave then the more market would like to test you Just remain calm and focus on your chart Let's see how the london play Time for exercise

Absolutely.
Never follow/blame others,Patience is the key skill for Succesfull trading.
  • #487,663
  • Jul 29, 2019 9:40pm Jul 29, 2019 9:40pm
Quoting DailyChart
Most of people will keep buying when price keep down and They will keep Selling When Price Keep Going up This is because The Market like to trap most retailers mind during ranging market The more you think it's impossible price behave then the more market would like to test you Just remain calm and focus on your chart Let's see how the london play Time for exercise
I agree, so dont let the price go run up or down for free, just follow and follow and follow
  • #487,664
  • Jul 29, 2019 9:45pm Jul 29, 2019 9:45pm
Quoting DailyChart
Most of people will keep buying when price keep down and They will keep Selling When Price Keep Going up This is because The Market like to trap most retailers mind during ranging market The more you think it's impossible price behave then the more market would like to test you Just remain calm and focus on your chart Let's see how the london play Time for exercise
Very true!
Believe in Yourself- Be true to yourself!
  • #487,665
  • Jul 29, 2019 9:51pm Jul 29, 2019 9:51pm
I recommend buying at 1.2130 and hold until 1.2650

Happy trading guys!
  • #487,666
  • Jul 29, 2019 10:13pm Jul 29, 2019 10:13pm
beware of any long trade advice.

This is my chart.

Until and unless 4hr turns bullish and PA above moving avearge, no long.

There was short signal though at 2220 as per my chart when it made high today.
Attached Image (click to enlarge)
Click to Enlarge Name: Alpari MT4.png Size: 91 KB
Intraday only.
  • #487,667
  • Jul 29, 2019 10:16pm Jul 29, 2019 10:16pm
no long in GU for 2 days, may be. I know.

And do not try to be smart in picking bottom, no one knows bottom.

The ZUP lies.

Follow trend , atleast 4 hr
Intraday only.
  • #487,668
  • Jul 29, 2019 10:19pm Jul 29, 2019 10:19pm
keep selling till i'm brokee
  • #487,669
  • Jul 29, 2019 10:22pm Jul 29, 2019 10:22pm
Share something,
Attached Image (click to enlarge)
Click to Enlarge Name: c.jpg Size: 219 KB


that shown probability price already closed enough to the 'bottom' that ever touched. Theoritically that i have observed for some times, that lowest area will be rebound places. But still cant tell at what price. Maybe can lower but usually not far, or maybe price wont strong enough to touch that 'bottom' and try to rebound. But, get ready!!
  • #487,670
  • Jul 29, 2019 10:28pm Jul 29, 2019 10:28pm
interesting GJ reached bottom of a down channel and GU is at the bottom of the parallel channel at the same time
Attached Image (click to enlarge)
Click to Enlarge Name: interesting.jpg Size: 208 KB
  • #487,671
  • Jul 29, 2019 10:41pm Jul 29, 2019 10:41pm
Quoting msniper
interesting GJ reached bottom of a down channel and GU is at the bottom of the parallel channel at the same time {image}
yeah, true.

But I will not take the risk of long when chips are down.

Look at this 4 hr chart.

4 hr signal when aligned with longer term trend
Attached Image (click to enlarge)
Click to Enlarge Name: Alpari MT4.png Size: 73 KB
Intraday only.
  • #487,672
  • Jul 29, 2019 11:00pm Jul 29, 2019 11:00pm
Start with usdx chart, made new high over night , overcome correction chance and still strong to make new ones without correction but approaching real good previous top as bull target. Can do more also this time.
Attached Images
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #487,673
  • Jul 29, 2019 11:07pm Jul 29, 2019 11:07pm
Quoting navk
{quote} yeah, true. But I will not take the risk of long when chips are down. Look at this 4 hr chart. 4 hr signal when aligned with longer term trend {image}
even EURGBP reached is reaching the top of the uptrend channel hummm how they all these gbps sync in one time lets see how they gonna play it
Attached Image (click to enlarge)
Click to Enlarge Name: even eg.jpg Size: 133 KB
  • #487,674
  • Jul 29, 2019 11:18pm Jul 29, 2019 11:18pm
Quoting msniper
{quote} even EURGBP reached is reaching the top of the uptrend channel hummm how they all these gbps sync in one time lets see how they gonna play it {image}
very soon pound will be cheaper than euro.

$ They played their part.

Initially they were dumping eur, now pound.

Intraday only.
  • #487,675
  • Jul 29, 2019 11:30pm Jul 29, 2019 11:30pm
Gbpusd continues bear even at the very strong weekly support , as in close price may continue down to daily support 2034 or even low before bounce .anyway extreme buy zone to care in getting all spikes!
Attached Image
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #487,676
  • Jul 29, 2019 11:40pm Jul 29, 2019 11:40pm
By heck!!! I wish there were velvet gloves on the hands of the vice that is quickly squeezing the last drop of fluid out of my nut-sack!!!
  • #487,677
  • Jul 29, 2019 11:43pm Jul 29, 2019 11:43pm
Done for today very early.. Hope will be chance for more
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20190730-074203~2.png Size: 63 KB
  • #487,678
  • Jul 29, 2019 11:44pm Jul 29, 2019 11:44pm
Quoting mbrown
By heck!!! I wish there were velvet gloves on the hands of the vice that is quickly squeezing the last drop of fluid out of my nut-sack!!!
You're long...?
By Grandad, go with the flow
Come with me if you want to live....
  • #487,679
  • Jul 29, 2019 11:47pm Jul 29, 2019 11:47pm
Quoting Ill-b-back
{quote} You're long...? By Grandad, go with the flow
Automated. I've intervened now though, taken a big hit on that account.

No velvet gloves!!! I think the price fell 40 pips immediately after me posting!!
  • #487,680
  • Jul 29, 2019 11:51pm Jul 29, 2019 11:51pm
weekly
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GU h4.png Size: 24 KB
Click to Enlarge Name: GU h1.png Size: 46 KB
yes yes yes
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