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Cable Update (GBPUSD)

  • #488,141
  • Aug 1, 2019 4:08pm Aug 1, 2019 4:08pm
Quoting impunctual20
{quote} Longing gbp is super risky atleast for next 12 months, even though it might have some week where it bounces back 200-500pips , in the long term its only going down untill there's certainty about the trade deals and Brexit with/without deal. ( Even the governer was saying pound could hit its record low in 2019 and 2020)...
I am like Moty - no Sl..
  • #488,142
  • Aug 1, 2019 4:12pm Aug 1, 2019 4:12pm
Quoting Marcieny
{quote} I was already thinking about the DC movies lol kkk Daily chart doesn't deserve my friendship or my attention.
Sorry!!!
Inserted Video
Don't trade what you think. Just what you see!!!
  • #488,143
  • Aug 1, 2019 4:24pm Aug 1, 2019 4:24pm
Quoting Theoak
{quote} Sorry!!! https://www.youtube.com/watch?v=fRh_vgS2dFE
if he bends his knee I think of apologizing.
  • #488,144
  • Aug 1, 2019 4:28pm Aug 1, 2019 4:28pm
Quoting DailyChart
{quote} Tell to marcieny for relax Nothing harm or hurt from my words We are all learning here for better future {image}
Bend the knee... Sugar Plum!!!!

Inserted Video
Don't trade what you think. Just what you see!!!
  • #488,145
  • Aug 1, 2019 5:20pm Aug 1, 2019 5:20pm
Quoting apriland
{quote} I am like Moty - no Sl..
i used to do that too, until i was 500+pips down and there was no hope of getting it back to its original position to even it out.

Better to lose 50 euros and try make more/earn it back with remaining margin then get your money stuck on losing trades for weeks. ( learned it the hard way) was stuck for 6weeks...
KEK
  • #488,146
  • Aug 1, 2019 6:53pm Aug 1, 2019 6:53pm
Daily should close lower than open so we have a 4h channel its ABC. Safer to short the top end rather than buy here. In essence cable going to take a pause for couple of days before anymore deep selling this will allow euro dumps to catch up so the eur.gbp pair don't drift apart too much to keep the CB happy.
Attached Image (click to enlarge)
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  • #488,147
  • Edited 7:18pm Aug 1, 2019 7:06pm | Edited 7:18pm
Quoting apriland
To be very honest, i have some long ones open since friday... hope dies last heh?

Ouch you might have to wait 2 years for cable to recover from brexit. But your not alone 81% of retail traders are net long on cable for weeks now hoping for a recovery. Im expecting close to 1.100 end of October.
  • #488,148
  • Aug 1, 2019 7:58pm Aug 1, 2019 7:58pm
Quoting Ill-b-back
2050 area to watch {image}
So a retest of 2150 1hr resistance should be a good short for 100 pips or so if you get the opportunity.
Come with me if you want to live....
  • #488,149
  • Aug 1, 2019 9:01pm Aug 1, 2019 9:01pm
i sell @1.21170 TP 60pips SL 30pips
pending buy stop @1.21470

GL Guys
Not losing money is almost good as making money
  • #488,150
  • Aug 1, 2019 10:00pm Aug 1, 2019 10:00pm
there were some good short signals when I was sleeping....

hmm..
Attached Image (click to enlarge)
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Intraday only.
  • #488,151
  • Edited 10:37pm Aug 1, 2019 10:04pm | Edited 10:37pm
Quoting fontu
{quote} Good luck to you too and all. Small tf pa now! {image} {image}
Perfect pa overnight and see if last correction try survive! logically it should correct for limit 2381 and very ok for small tf intentions and normal market time but not enough in little higher tf and such extreme conditions , it can still make fakeout before the same. That is one day or 1 week it can take time to do. No good candle 5h or daily yet!

Similar pa eurusd not good played, may little late as weaker than gbp now, should get bottom too soon.

Whenever i see the yesterday usdx chart i am not comfortable for further bull there without further correction but fakeout and even totally different all possible beyound intuition and chart structure and specially in some black Friday! So care people today!
Attached Images
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #488,152
  • Aug 1, 2019 10:10pm Aug 1, 2019 10:10pm
Quoting fontu
{quote} Perfect pa overnight and see if last correction try survive!
Daily trend in Gold is long as well as EA.

sO Yesterday the price reversed in both pairs after correcting in 30 min chart.

gold chart below
Attached Image (click to enlarge)
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Intraday only.
  • #488,153
  • Edited 11:43pm Aug 1, 2019 11:28pm | Edited 11:43pm
Quoting navk
{quote} Daily trend in Gold is long as well as EA. sO Yesterday the price reversed in both pairs after correcting in 30 min chart. gold chart below {image}
Not seeing the chart but in such extreme market situation it goes bull with usdx, not strange! Yes, market failed to console investors, worry and insecuirity increased tremendously though euro zone tried repeatedly to ease by very submissive, suddendering mode all along. Anyway it reached the minimum target 1433, may correct towards 1390,1377 perhaps before further high towards 1500. But no, it did not break my limit yet at down at 1032, may crash before 1500 reach or somewhere with usdx too next, seems fishy again but likely! If i take the limit level break / do under 2008 low gold and usdx continue up then it must go to the sky! May the both crash next time even very odd!

Actually last 10 days did not play it and now check the chart, real crazy like usdx before all crash symotoms too but as higher tf play we should wait long time before short both but maturing fast!
Attached Image
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #488,154
  • Edited 3:00am Aug 2, 2019 12:24am | Edited 3:00am
Chart before set-up
short 1.2099 target on chart loss -10 pip
long 1.2115 target on chart + 6.5
short in 1.2107 loss - 7.2
long in at 1.2126
long in at 1.2117
Attached Image(s) (click to enlarge)
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Don't trade what you think. Just what you see!!!
  • #488,155
  • Aug 2, 2019 12:47am Aug 2, 2019 12:47am
Attached Image (click to enlarge)
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Attached Image (click to enlarge)
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yes yes yes
  • #488,156
  • Aug 2, 2019 12:51am Aug 2, 2019 12:51am
Quoting Moty
{image}{image}
You buy, i sell it. Lets see.
SL 15 pips
  • #488,157
  • Aug 2, 2019 1:33am Aug 2, 2019 1:33am
Add sell 1.2186. tight SL
  • #488,158
  • Aug 2, 2019 1:46am Aug 2, 2019 1:46am
morning
short order @ 1.2108

target 60 pips
in wondering about yourself, you forgot what you came here to be part of
  • #488,159
  • Aug 2, 2019 1:52am Aug 2, 2019 1:52am
https://www.theguardian.com/politics...ajority-to-one
sell strength in falling markets, and buy weakness in rising markets.
  • #488,160
  • Aug 2, 2019 1:55am Aug 2, 2019 1:55am
Quoting htcone
https://www.theguardian.com/politics...ajority-to-one
good
now he has to team up with the brexit party and the UK can have a proper exit
in wondering about yourself, you forgot what you came here to be part of
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