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Cable Update (GBPUSD)

  • #490,381
  • Aug 21, 2019 6:37pm Aug 21, 2019 6:37pm
Daily-D1-wave
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  • #490,382
  • Aug 21, 2019 7:05pm Aug 21, 2019 7:05pm
Quoting Marcieny
{quote} Itīs good...Bad people need to pay for the crimes .. I hate previous government that was leftist .... ... But in Brazil it was the fault of the people who elected again ... Now We need change the Brazilian constitution with the new governement... Our laws defend more bandits than the citizen worker.
Hey Marcieny, not sure if this applies to Brazil but when the spanish conquered the south american countries each entire country was owned by the King/Queen who would bequeath land to the Church and aristocrats. This left most of the country poor and south american countries have been suffering ever since.
In Britain on the other hand you could sign up to go to America and work for nothing except food and a roof over your head for a certain time period(5 Years?) and then once your agreed upon time had finished you were granted a hundred acres of land. Very smart the British because the more land owners you have the more they are concerned for their country and this helped to make America what it became.
It was a documentary I was watching on the economic differences between north and south america and how it all came about.
Brazil is not a third world country but in 3rd world countries there is no middle class so the rich hold all the power and steal the counties wealth so a never ending cycle of poverty exist. SJWs would be more effective if what they did was to expose the lives of the elites in 3rd world countires, show how they steal the wealth and where it's stashed.
Don't Leave Money on the Table
  • #490,383
  • Aug 21, 2019 7:56pm Aug 21, 2019 7:56pm
Quoting HaLBot
{quote} Hey Marcieny, not sure if this applies to Brazil but when the spanish conquered the south american countries each entire country was owned by the King/Queen who would bequeath land to the Church and aristocrats. This left most of the country poor and south american countries have been suffering ever since. In Britain on the other hand you could sign up to go to America and work for nothing except food and a roof over your head for a certain time period(5 Years?) and then once your agreed upon time had finished you were granted a hundred...
Is true...Corruption in Brazil has been rooted since the colonial period ... The settlers came to Brazil to explore the natural riches without worrying about the Indians. Incidentally, it is proved that the first to be corrupted in this country were exactly the indigenous, because the Portuguese bribed them to get Brazilian treasures, enslaved and robbed them. By dividing Brazilian history into its main phases, namely: colonial, imperial, republican, dictatorial, and new republic, historians are able to point out corrupt actions by rulers and even those ruled at all times. However, it is a phenomenon that accompanies the historical context in which it is inserted, that is, each time the concept of corruption changes. This implies that an action that is today considered corrupt may be that it was not considered in the past. It is in the face of this peculiarity that some scholars have come to characterize corruption as a phenomenon of multiple facets, that is, each time in which it is inserted, manifests itself in a different way.
  • #490,384
  • Aug 21, 2019 8:16pm Aug 21, 2019 8:16pm
Quoting Marcieny
{quote} Is true...Corruption in Brazil has been rooted since the colonial period ... The settlers came to Brazil to explore the natural riches without worrying about the Indians. Incidentally, it is proved that the first to be corrupted in this country were exactly the indigenous, because the Portuguese bribed them to get Brazilian treasures, enslaved and robbed them. By dividing Brazilian history into its main phases, namely: colonial, imperial, republican, dictatorial, and new republic, historians are able to point out corrupt actions by rulers...
Well spoken Marcieny
Got to go do the day job......one day I'll be a dynamic futures trader but until then it's banging nails in timber...LOL
Don't Leave Money on the Table
  • #490,385
  • Aug 21, 2019 8:22pm Aug 21, 2019 8:22pm
Quoting HaLBot
{quote} Well spoken Marcieny Got to go do the day job......one day I'll be a dynamic futures trader but until then it's banging nails in timber...LOL
OK... Good Job!!!
  • #490,386
  • Edited Aug 22, 2019 12:05am Aug 21, 2019 8:38pm | Edited Aug 22, 2019 12:05am
Quoting msniper
I am bearish all these arrows considered to be selling levels current price is good for short but the safest one is 1.2240 levels {image}
Don't forget the next 2 resistance levels at 1.21800 area my friend, if we break through the 1.2209 area then i would expect a strong bullish push,
But i believe one or both of these resistance points will hold, and that more downside is heading our way, so I am still shorting the swing highs.

Edit The next bearish push may be seen as early as late Friday/Us trading or early next week, Monday/Tuesday at the latest. ????
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  • #490,387
  • Aug 21, 2019 8:57pm Aug 21, 2019 8:57pm
Possibly inverted head and shoulders on H4 but a bit messy
ex nihilo
  • #490,388
  • Aug 21, 2019 10:21pm Aug 21, 2019 10:21pm
Once we finished all the abc's inside of this wave 4 correction which is any time now. Wave 5 will start and dump in just 3 or 4 days to about 1.1850/1.19. It might even start Monday as its UK Bank holiday so no one around to defend the pound and try to keep it propped up so it will just crash
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  • #490,389
  • Edited Aug 22, 2019 12:07am Aug 21, 2019 10:51pm | Edited Aug 22, 2019 12:07am
Quoting Dingoman-two
For those interested here is another great set of indicators for scalping {file} {file} {file} Use your fibs for better levels {image} EDIT AND WITH 2O BOLLINGER BANDS {image}

For those interested here is another great set of indicators for scalping
Attached File(s)
File Type: mq4 Breakout_PANCA_EAGLE.mq4   7 KB | 201 downloads

And using the standard fib level from low/high green area to the high/low green area,
Plus the gan hi/low indicator set at 25, as well as a 21 sma, 1 and 5 min charts
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  • #490,390
  • Aug 21, 2019 11:11pm Aug 21, 2019 11:11pm
So are we finally going to sink down to 21 today?
Come with me if you want to live....
  • #490,391
  • Aug 21, 2019 11:12pm Aug 21, 2019 11:12pm
Quoting Ill-b-back
So are we finally going to sink down to 21 today?
I hope, but not sure.
Today just follow EMA.
  • #490,392
  • Aug 21, 2019 11:14pm Aug 21, 2019 11:14pm
Quoting Ill-b-back
So are we finally going to sink down to 21 today?

It looks to be trying real hard to do exactly that my friend
  • #490,393
  • Aug 22, 2019 1:01am Aug 22, 2019 1:01am
MOVED TP TO 1.21661
need to get from this trade and And re-enter calmly
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false breakup ???
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yes yes yes
  • #490,394
  • Aug 22, 2019 2:03am Aug 22, 2019 2:03am
Howdy Traders...here's an interesting youtube vid..I'm going to try this myself...

Inserted Video
Don't Leave Money on the Table
  • #490,395
  • Aug 22, 2019 2:13am Aug 22, 2019 2:13am
morning
i sold 2119 with a 35 pip target.

be careful, H4 is trapped in a HH-LL formation.
This signals ranging behaviour until the H or L is broken.
in wondering about yourself, you forgot what you came here to be part of
  • #490,396
  • Aug 22, 2019 2:26am Aug 22, 2019 2:26am
Still choppy. Better to stay out of the market.
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  • #490,397
  • Edited 3:02am Aug 22, 2019 2:44am | Edited 3:02am
Quoting Moty
MOVED TP TO 1.21661 need to get from this trade and And re-enter calmly{image} {image} false breakup ???{image}{image}
Hey Moty, good for your longs positive PMIs out of Europe..

I had a buy position @ 2135 yesterday and was positive it was closed only to find today it's still active, no damage done and lucky this surge in Cable due to Euro PMIs meant it's back in the black.
Never had a situation where a positions closed only to find the next day it's still open...
Don't Leave Money on the Table
  • #490,398
  • Aug 22, 2019 3:12am Aug 22, 2019 3:12am
I see the gu woke on the right side today.
Half of tp Moves to the adr targer 1.21828 area
yes yes yes
  • #490,399
  • Aug 22, 2019 3:19am Aug 22, 2019 3:19am
hi guys, what is going on
Intraday only.
  • #490,400
  • Aug 22, 2019 3:39am Aug 22, 2019 3:39am
Thru 2155 and on to 2180
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Don't Leave Money on the Table
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