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Cable Update (GBPUSD)

  • #489,921
  • Aug 19, 2019 3:08am Aug 19, 2019 3:08am
Quoting notyetthere
{quote} I get the fact that we will most likely retrace up from here but why 2150 as target ? and why down again afterwards (although that would probably fit in with your bigger picture view of things ...)
It could not break Friday / last week hig.

Hourly has turned bearish
Intraday only.
  • #489,922
  • Aug 19, 2019 3:11am Aug 19, 2019 3:11am
low breaks and 2075 up next. likely a red day today. Bulls might come back to play on Tuesday.
  • #489,923
  • Aug 19, 2019 3:13am Aug 19, 2019 3:13am
short at 1.21328
defeat can still be profitable
  • #489,924
  • Aug 19, 2019 3:25am Aug 19, 2019 3:25am
GU might be looking for strength to move upwards after the beating its taken for the last so many months.
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At its best, change itself becomes a lifestyle.
  • #489,925
  • Aug 19, 2019 3:30am Aug 19, 2019 3:30am
Hello traders. Wish you profitable trading week. What are you thinking about last news about Bretix? This had a big impact on the pound today.
  • #489,926
  • Aug 19, 2019 3:33am Aug 19, 2019 3:33am
Waiting for the H1 close!!! Up or down it doesn't matter; up is good, down is fine although I'll have to lose a few pips to get on the short train.
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  • #489,927
  • Aug 19, 2019 3:46am Aug 19, 2019 3:46am
M30 bull TL broke see you guys at 2065.
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  • #489,928
  • Aug 19, 2019 3:59am Aug 19, 2019 3:59am
For me: pulling the long trigger again is going to be very tough but following my rules an H1 close above 2129 will see me pulling the long trigger with great reluctance. Below 2129 it is short.

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

Short at 2125.
Sl above Friday's high.
PT: to be decided at 2035.
  • #489,929
  • Aug 19, 2019 4:13am Aug 19, 2019 4:13am
Quoting mbrown
For me: pulling the long trigger again is going to be very tough but following my rules an H1 close above 2129 will see me pulling the long trigger with great reluctance. Below 2129 it is short. ============================================== Short at 2125. Sl above Friday's high. PT: to be decided at 2035.
Probably for me too.

Bulls are there here.
Intraday only.
  • #489,930
  • Aug 19, 2019 4:13am Aug 19, 2019 4:13am
hello

M1
buy 2128

either for a retrace scalp or a resume long depending on what happens around 2141
in wondering about yourself, you forgot what you came here to be part of
  • #489,931
  • Aug 19, 2019 4:21am Aug 19, 2019 4:21am
late entry but might be worth it. GJ 2H.
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  • #489,932
  • Aug 19, 2019 4:38am Aug 19, 2019 4:38am
Another support @2120, closed my short
  • #489,933
  • Aug 19, 2019 5:03am Aug 19, 2019 5:03am
Quoting Aleksbuk
https://www.youtube.com/watch?v=8CETiBcrzTQ


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Never follow/blame others,Patience is the key skill for Succesfull trading.
  • #489,934
  • Aug 19, 2019 5:13am Aug 19, 2019 5:13am
very choppy descent. feels more like a pullback not a dump, imo.
  • #489,935
  • Aug 19, 2019 5:17am Aug 19, 2019 5:17am
Quoting asgcorp
very choppy descent. feels more like a pullback not a dump, imo.
Yeah and defined short term risk for bears is 2130 and above that I see 2155 b4 testing last weeks high but not likely today...
Don't Leave Money on the Table
  • #489,936
  • Aug 19, 2019 5:20am Aug 19, 2019 5:20am
Quoting asgcorp
very choppy descent. feels more like a pullback not a dump, imo.

It could be called a bearish compaction zone, I would be expecting a bullish run to come from it soon.
  • #489,937
  • Aug 19, 2019 5:21am Aug 19, 2019 5:21am
Quoting Dingoman-two
{quote} It could be called a bearish compaction zone, I would be expecting a bullish run to come from it soon.
your emojis are making me laugh.....is that some sort of code....lol
Don't Leave Money on the Table
  • #489,938
  • Aug 19, 2019 5:29am Aug 19, 2019 5:29am
Quoting HaLBot
{quote} your emojis are making me laugh.....is that some sort of code....lol

"Yep"
  • #489,939
  • Aug 19, 2019 5:31am Aug 19, 2019 5:31am
Quoting Dingoman-two
{quote} "Yep"
Nice
Don't Leave Money on the Table
  • #489,940
  • Aug 19, 2019 5:47am Aug 19, 2019 5:47am
Quoting Ill-b-back
down for the retest {image}
Actually, seeing as 21 featured so prominently as resistance on the way up, it only makes sense it should featured as support on the way down....

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