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Cable Update (GBPUSD)

  • #490,921
  • Aug 27, 2019 10:20am Aug 27, 2019 10:20am
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https://


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yes yes yes
  • #490,922
  • Aug 27, 2019 10:24am Aug 27, 2019 10:24am
You should be seeing the big needle in h1 down so it is buy gbp
  • #490,923
  • Aug 27, 2019 10:25am Aug 27, 2019 10:25am
Nicely running
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  • #490,924
  • Aug 27, 2019 10:26am Aug 27, 2019 10:26am
Quoting Guztro
{quote} I love it Coreg2004, yet to see a more powerful trading method than EW...but if you get the ABC wrong . Guz
My SL is 12-16 pips/points and I don't care about losing trades, I can't stand losing days that's why I try to avoid them at any cost (small SL). I am done for today also, have a great vacation Guz.
Always trade your own plan...I don't provide trading signals.
  • #490,925
  • Aug 27, 2019 10:27am Aug 27, 2019 10:27am
I am going to be adventure here crossing 1.23055 will lead to 1.23825 region
  • #490,926
  • Aug 27, 2019 10:28am Aug 27, 2019 10:28am
hey Moty
please be careful with strength meters.
I spent a good month last year realy disecting these things. They are very relative, and can change within a minute.
Its important to know what they are calculating?

So last year i decided to build my own and its based on volume and price for the week & day.

see the picture. The numbers dont matter, but as you can see the GBP is extremely strong now. The USD is 2nd strongest but much much less than the GBP.
Compare to your picture: the relative strenght is different.

TO be clear: i hardly use this because i have seen how fast the ranking can change.

hope this helps.
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in wondering about yourself, you forgot what you came here to be part of
  • #490,927
  • Aug 27, 2019 10:33am Aug 27, 2019 10:33am
Quoting greengp
You should be seeing the big needle in h1 down so it is buy gbp
you can take long if you want , i am staying with my short
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yes yes yes
  • #490,928
  • Aug 27, 2019 10:34am Aug 27, 2019 10:34am
Quoting Moty
{quote} you can take long if you want , i am staying with my short {image} {image} {image}
I admire your tenacity
  • #490,929
  • Aug 27, 2019 10:35am Aug 27, 2019 10:35am
H1 close above weekly open (2275) is overall a bullish sign for further gains this week.
H4 will be interesting. Either indecision or confirms flip into bull mode for the week.

I wouldn't rush into putting on any trades today. This can wait until LO tmrw.
  • #490,930
  • Edited 10:52am Aug 27, 2019 10:39am | Edited 10:52am
Monday chop carried out by Tuesday -wednesday range up as one 5th extension to ready test upper tl & tank there after possible . lets see

though ok test retest 2309 for 2345 tl but will wait for 2217 next for it
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #490,931
  • Aug 27, 2019 10:41am Aug 27, 2019 10:41am
I was not concentrating on the trade my daughter was with me for one week but i am back . She has joined for dutey
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  • #490,932
  • Aug 27, 2019 10:41am Aug 27, 2019 10:41am
Quoting asgcorp
H1 close above weekly open (2275) is overall a bullish sign for further gains this week. H4 will be interesting. Either indecision or confirms flip into bull mode for the week. I wouldn't rush into putting on any trades today. This can wait until LO tmrw.
H1 also taking out yesterdays High
in wondering about yourself, you forgot what you came here to be part of
  • #490,933
  • Aug 27, 2019 10:42am Aug 27, 2019 10:42am
just checked H4 GBPLFX (index). If this is a V-shape recovery, GU got a whole lot more upside to cover.
Up to 2400/2450.
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  • #490,934
  • Aug 27, 2019 10:44am Aug 27, 2019 10:44am
second option on GBPLFX H4 is also bullish, but less so compared to the V-shape.
And yes, I don't like this wave3 length, but still it's on the table.
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  • #490,935
  • Aug 27, 2019 10:47am Aug 27, 2019 10:47am
above weekly balance, overhead res is monthly balance. If we float above weekly open, defo flips into bull mode,
if cracks MNT balance - lights out - 2400//2450 possible.
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  • #490,936
  • Aug 27, 2019 10:54am Aug 27, 2019 10:54am
im long from 2276
only the yellow diagonal is in the way if it takes that out i see open country up to 2381.
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in wondering about yourself, you forgot what you came here to be part of
  • #490,937
  • Aug 27, 2019 10:54am Aug 27, 2019 10:54am
Quoting knkie
{quote} H1 also taking out yesterdays High
this is crook's text book play
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last touch at trend line
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yes yes yes
  • #490,938
  • Aug 27, 2019 10:57am Aug 27, 2019 10:57am
Quoting Moty
{quote} this is crook's text book play {image}
could be a trap or the real deal. We will find out soon enough.
  • #490,939
  • Aug 27, 2019 11:00am Aug 27, 2019 11:00am
Quoting asgcorp
{quote} could be a trap or the real deal. We will find out soon enough.
if its gonna turn south it has to happenn here, cause M15 made a HL and M5 is about to make a HL
in wondering about yourself, you forgot what you came here to be part of
  • #490,940
  • Aug 27, 2019 11:09am Aug 27, 2019 11:09am
Just for fun Marcieny,Do not need to be seriously what am said


Just relax...where is theoak
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