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Cable Update (GBPUSD)

  • #490,341
  • Aug 21, 2019 9:52am Aug 21, 2019 9:52am
Quoting knkie
H1 pretty clear whats happening. the circle is the decision level {image}
WHICH SIDE
  • #490,342
  • Aug 21, 2019 9:54am Aug 21, 2019 9:54am
Quoting greengp
{quote} WHICH SIDE
well thats why its a decision level.
Price Action will tell us.
in wondering about yourself, you forgot what you came here to be part of
  • #490,343
  • Aug 21, 2019 9:55am Aug 21, 2019 9:55am
Sell gbp with stop loss at 1.21792
  • #490,344
  • Aug 21, 2019 9:56am Aug 21, 2019 9:56am
Quoting sgkrishn
DX back again in track. W pattern {image}
Not yet
Attached Image (click to enlarge)
Click to Enlarge Name: New Doc 2019-08-21 17.55.22_1.jpg Size: 95 KB


Adr target change to 1.21860
Attached Image (click to enlarge)
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yes yes yes
  • #490,345
  • Aug 21, 2019 10:00am Aug 21, 2019 10:00am
Why doesn't GBPUSD plummet?
Is it showing signs of rebound?
Goodluck to you!
  • #490,346
  • Aug 21, 2019 10:09am Aug 21, 2019 10:09am
Quoting Mr.Ha
Why doesn't GBPUSD plummet? Is it showing signs of rebound?
Somethings triggered some buying...
Don't Leave Money on the Table
  • #490,347
  • Aug 21, 2019 10:11am Aug 21, 2019 10:11am
Quoting HaLBot
{quote} Somethings triggered some buying...
Maybe it will recover?
Goodluck to you!
  • #490,348
  • Aug 21, 2019 10:24am Aug 21, 2019 10:24am
Quoting sgkrishn
{quote} too many lots will make u suffer..
if the person is on the wrong side at the wrong time yes.
  • #490,349
  • Aug 21, 2019 10:26am Aug 21, 2019 10:26am
hypothesis2 - something strange with that support zone. Waiting for close of 4hr candle then go long.
Attached Image (click to enlarge)
Click to Enlarge Name: 16gbpusd.png Size: 95 KB
At its best, change itself becomes a lifestyle.
  • #490,350
  • Aug 21, 2019 10:30am Aug 21, 2019 10:30am
This is W pattern
Attached Image (click to enlarge)
Click to Enlarge Name: New Doc 2019-08-21 18.29.26_1.jpg Size: 117 KB
yes yes yes
  • #490,351
  • Aug 21, 2019 10:36am Aug 21, 2019 10:36am
These little falls seem to be pulback ... I'm waiting finish so I can buy.
  • #490,352
  • Aug 21, 2019 10:38am Aug 21, 2019 10:38am
Holla marcia... U came quite late. Whats ur take on fed coming in some hours time
  • #490,353
  • Aug 21, 2019 10:43am Aug 21, 2019 10:43am
Quoting Marcieny
These little falls seem to be pulback ... I'm waiting finish so I can buy.
That looks quite bullish... I an in already.
  • #490,354
  • Aug 21, 2019 10:47am Aug 21, 2019 10:47am
I'm waiting for the price to touch that line ... if he does it again.
Attached Image (click to enlarge)
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  • #490,355
  • Aug 21, 2019 10:58am Aug 21, 2019 10:58am
Or?
Attached Image (click to enlarge)
Click to Enlarge Name: Gu 21081H1.png Size: 117 KB
  • #490,356
  • Aug 21, 2019 11:15am Aug 21, 2019 11:15am
either way after FOMC
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Image1.png Size: 29 KB
Click to Enlarge Name: Image2.png Size: 27 KB
Never follow/blame others,Patience is the key skill for Succesfull trading.
  • #490,357
  • Aug 21, 2019 11:20am Aug 21, 2019 11:20am
Attached Image (click to enlarge)
Click to Enlarge Name: GU h1.png Size: 40 KB
Attached Image (click to enlarge)
Click to Enlarge Name: DX H1.png Size: 30 KB
yes yes yes
  • #490,358
  • Aug 21, 2019 11:34am Aug 21, 2019 11:34am
Bullish movement before the report??
Never follow/blame others,Patience is the key skill for Succesfull trading.
  • #490,359
  • Aug 21, 2019 11:37am Aug 21, 2019 11:37am
Quoting sgkrishn
Bullish movement before the report??
Brexit talk
PA Return Today: na
  • #490,360
  • Aug 21, 2019 12:34pm Aug 21, 2019 12:34pm
GBP/USD is trading below 1.2150, losing some ground. UK PM Johnson will meet German Chancellor Merkel in Berlin after the latter called for finding practical solutions on the Irish backstop.

From a technical perspective, the pair's inability to capitalize on the recovery move and failure ahead of the 1.2200 handle suggest that the near-term bearish pressure might still be far from being over. However, the 1.2125-20 region now seems to protect the immediate downside ahead of the 1.2100 mark, below which the pair seems all set to break through the 1.2070-60 intermediate support and aim towards challenging the key 1.2000 psychological mark. On the flip side, immediate resistance is pegged near the 1.2195-1.2200 region, which if cleared might prompt some short-covering move and lift the pair back towards testing a well-established downward sloping trend-channel support breakpoint - now turned resistance - currently near mid-1.2200s.
Never follow/blame others,Patience is the key skill for Succesfull trading.
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