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Cable Update (GBPUSD)

  • #488,961
  • Aug 9, 2019 11:31am Aug 9, 2019 11:31am
Quoting MXT
{quote} if you noticed , nowadays it's a race to the bottom about who's got the lowest rates and the weakest currency but Trump' s policies will do more harm than good , because even though he's selling to his electoral base the message that he wants to bring back industries to the US , his protectionism is flawed at the root
I just read from one of his tweets that he won't devalue the $ which in my eyes means that the "White house won't intervene in devaluing the dollar", and I have read from another article that the White House has the power to devalue the dollar which has not worked historically and holds only short term. Maybe Trump tweets and aggressive pressure on the Fed for rate cuts will help.
Anyway a broad discussion which I am not qualified to do.
Thanks for your insights as an American.
I stick with my techs.
Cheers.
Trade to trade another day
  • #488,962
  • Aug 9, 2019 11:33am Aug 9, 2019 11:33am
Quoting Theoak
{quote} short in at 1.2070
Hopefully she will go now
Inserted Video
Don't trade what you think. Just what you see!!!
  • #488,963
  • Aug 9, 2019 11:37am Aug 9, 2019 11:37am
Quoting Moty
{quote} no break imo {image} {image}
Attached Image (click to enlarge)
Click to Enlarge Name: palpite.png Size: 726 KB
Together we can be strongest
Vantage Return This Month: na
  • #488,964
  • Aug 9, 2019 11:48am Aug 9, 2019 11:48am
Quoting Wavegarrick
{quote} Thanks for your insights as an American.
Man, I sometimes completely forget there are so many different Nationalities here!!!

=======================================================

Closed my short for a few. I do not like to trade so late into Friday. I am just glad I managed to catch some more short pips.
Attached Image (click to enlarge)
Click to Enlarge Name: b.jpg Size: 148 KB
  • #488,965
  • Aug 9, 2019 11:50am Aug 9, 2019 11:50am
Quoting Moty
{quote} no break imo {image} {image}
The stoclastic H1 is showing this point as support and the others indicators are oversold.

Attached Image (click to enlarge)
Click to Enlarge Name: palpite.png Size: 56 KB
Together we can be strongest
Vantage Return This Month: na
  • #488,966
  • Aug 9, 2019 11:56am Aug 9, 2019 11:56am
big fight going on. but bears loosing power intra-day. gu score was -80 entire day. now it's -30.
Probably further downside reserved for next week.
  • #488,967
  • Aug 9, 2019 12:01pm Aug 9, 2019 12:01pm
Quoting Moty
{quote} no break imo {image} {image}
High volume just for 9 pips???
Are you crazy?
  • #488,968
  • Aug 9, 2019 12:03pm Aug 9, 2019 12:03pm
btw. GJ (dragon) might dump almost 1000 points next 4-10 weeks. UJ is horrible, GU is broken = GJ SS3 bear mode.
Attached Image
  • #488,969
  • Aug 9, 2019 12:08pm Aug 9, 2019 12:08pm
Made some extra money for my dinner.

Attached Image (click to enlarge)
Click to Enlarge Name: Liquidity Soft Solutions.png Size: 57 KB
Intraday only.
  • #488,970
  • Aug 9, 2019 12:17pm Aug 9, 2019 12:17pm
here comes the final leg down that will flush all supports down there
  • #488,971
  • Aug 9, 2019 12:17pm Aug 9, 2019 12:17pm
Now I am turning off my PC.

Bye guys.

Good night.

Intraday only.
  • #488,972
  • Aug 9, 2019 12:20pm Aug 9, 2019 12:20pm
Quoting MXT
here comes the final leg down that will flush all supports down there
not today. Monday pullback off the lows. Tuesday dump will resume. Short sell any rips and you will make money.
  • #488,973
  • Aug 9, 2019 12:24pm Aug 9, 2019 12:24pm
Quoting Theoak
{quote} Hopefully she will go now https://www.youtube.com/watch?v=kdih7kjmQJw
Inserted Video
  • #488,974
  • Aug 9, 2019 12:24pm Aug 9, 2019 12:24pm
Quoting asgcorp
{quote} not today. Monday pullback off the lows. Tuesday dump will resume. Short sell any rips and you will make money.
I see pullback signal on H1.
But better sleep.
  • #488,975
  • Aug 9, 2019 12:27pm Aug 9, 2019 12:27pm
Quoting asgcorp
{quote} not today. Monday pullback off the lows. Tuesday dump will resume. Short sell any rips and you will make money.
very likely , but to me it still looks so heavy in the closing hours

just needs a tiny little push to tilt over the last lines of defense
  • #488,976
  • Aug 9, 2019 1:31pm Aug 9, 2019 1:31pm
not opssss
all out
Attached Image (click to enlarge)
Click to Enlarge Name: GU 15m.png Size: 28 KB
yes yes yes
  • #488,977
  • Aug 9, 2019 2:10pm Aug 9, 2019 2:10pm
Quoting Moty
not opssss all out {image}
Moty, you were my "prime suspect" for 2044...LOL...you did good...congrats.
Attached Image (click to enlarge)
Click to Enlarge Name: GU08.09.30M.b.PNG Size: 103 KB
Always trade your own plan...I don't provide trading signals.
  • #488,978
  • Aug 9, 2019 2:42pm Aug 9, 2019 2:42pm
Quoting Theoak
{quote} Well I'm going to let this breath a bit, but my target is 1.2030 Stackin shorts 1st in 1.2062 2nd in 1.2063 3rd in 1.2070
BINGO
Don't trade what you think. Just what you see!!!
  • #488,979
  • Aug 9, 2019 2:44pm Aug 9, 2019 2:44pm
Quoting MXT
{quote} 1.2020 - 1.2040 could likely be intraday bottom

Bingo Bongo

Last leg down

Intraday bottom @ 1.2023

  • #488,980
  • Aug 9, 2019 2:47pm Aug 9, 2019 2:47pm
Attached Image (click to enlarge)
Click to Enlarge Name: GU h1.png Size: 29 KB
Attached Image (click to enlarge)
Click to Enlarge Name: GU d1.png Size: 33 KB
Attached Image (click to enlarge)
Click to Enlarge Name: DX D1.png Size: 26 KB
yes yes yes
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