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Cable Update (GBPUSD)

  • #490,961
  • Aug 27, 2019 12:24pm Aug 27, 2019 12:24pm
dumped my longs:
+11 & -5 == +6

this might be short setup on m5
but that might only be a correction to go up again.

lets see
in wondering about yourself, you forgot what you came here to be part of
  • #490,962
  • Aug 27, 2019 12:33pm Aug 27, 2019 12:33pm
Quote
but that might only be a correction to go up again.
my thoughts exactly. GU wants to run up for sure - 2330//2340.
But not until it dips 20-30 points from current bid.
  • #490,963
  • Aug 27, 2019 12:36pm Aug 27, 2019 12:36pm
Also I'm expecting a correction in GU index soon, so likely we max out near 2330/2340 - 2350 tops.
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  • #490,964
  • Aug 27, 2019 12:51pm Aug 27, 2019 12:51pm
where is the long , my friends ?
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GU h1.png Size: 39 KB
Click to Enlarge Name: eg h1.png Size: 33 KB
yes yes yes
  • #490,965
  • Aug 27, 2019 1:01pm Aug 27, 2019 1:01pm
Moty, you are making too many assumptions.
Looks like we are going to close near HOD = bullish. + above WP.
Buy dips. Don't over analyze - this will fry up your brain.
  • #490,966
  • Aug 27, 2019 1:23pm Aug 27, 2019 1:23pm
UK
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  • #490,967
  • Aug 27, 2019 1:24pm Aug 27, 2019 1:24pm
Quoting Moty
where is the long , my friends ? {image} {image}
you must have missed the 80+ pips sinds LO
were you short ?
in wondering about yourself, you forgot what you came here to be part of
  • #490,968
  • Aug 27, 2019 1:41pm Aug 27, 2019 1:41pm
Hello! The pound has a very interesting situation. Classic bullish five-wave structure. Formed support 1.22083. I will monitor the reaction of the price to this level if the price returns to it. There is still potential for growth with goals: 1.2450; 1.2505. But the global trend is bearish.
Attached Image (click to enlarge)
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  • #490,969
  • Aug 27, 2019 2:25pm Aug 27, 2019 2:25pm
  •  jmmn
  • | Joined Nov 2015 | Status: Learning while making money... | 647 Posts
Quoting navk
The reason for my long, second time I won huge... First time I was stopped out at 2085. SL hit. {image}
Will you please share your histogram indicator? Thanks!
  • #490,970
  • Aug 27, 2019 2:35pm Aug 27, 2019 2:35pm
Quoting Moty
where is the long , my friends ? {image} {image}
Do you know what happened to Bowie when you used too many lines?
.
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Hypocrite lecteur, mon semblable, mon frere!
  • #490,971
  • Aug 27, 2019 3:51pm Aug 27, 2019 3:51pm
Quoting tinnitus
{quote} Do you know what happened to Bowie when you used too many lines? . {image}
One possible scenario
Attached Image (click to enlarge)
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  • #490,972
  • Aug 27, 2019 4:57pm Aug 27, 2019 4:57pm
I see a move down to maybe.... 1.2240 area. There appears to be a zone between where we are now (1.2282) and 1.2193. Probably at the start of the London open it will break thru the top a bit. Time shall show
  • #490,973
  • Aug 27, 2019 6:53pm Aug 27, 2019 6:53pm
13 pips to go
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GU h1.png Size: 66 KB
Click to Enlarge Name: eg h1.png Size: 54 KB
yes yes yes
  • #490,974
  • Aug 27, 2019 8:04pm Aug 27, 2019 8:04pm
Morning Trade
Long With Target 1.2436
Stop @1.2193
  • #490,975
  • Aug 27, 2019 10:03pm Aug 27, 2019 10:03pm
the usd woke up today on the right side
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GU h1.png Size: 71 KB
Click to Enlarge Name: csm.png Size: 29 KB
yes yes yes
  • #490,976
  • Aug 27, 2019 10:54pm Aug 27, 2019 10:54pm
buying dips only.
Attached Image
  • #490,977
  • Aug 27, 2019 11:04pm Aug 27, 2019 11:04pm
get ready for the dip
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  • #490,978
  • Aug 27, 2019 11:11pm Aug 27, 2019 11:11pm
its month end. i don't want to get trapped in this bull trap. i had a strong feel that these last 15 days low will covered by a single bear candle.
Never follow/blame others,Patience is the key skill for Succesfull trading.
  • #490,979
  • Aug 27, 2019 11:14pm Aug 27, 2019 11:14pm
Quoting asgcorp
get ready for the dip {image}
Fir the drop maybe
I present to gbp , The pita bread
Tp 1 2572
Tp 2 2466
Yp 3 2222
Attached Image(s) (click to enlarge)
Click to Enlarge Name: New Doc 2019-08-28 09.10.48_1.jpg Size: 46 KB
Click to Enlarge Name: New Doc 2019-08-28 09.08.43_1.jpg Size: 162 KB
Click to Enlarge Name: New Doc 2019-08-28 09.10.05_1.jpg Size: 152 KB
yes yes yes
  • #490,980
  • Aug 27, 2019 11:14pm Aug 27, 2019 11:14pm
Not sure if it is strong enough to go down to 1.2193 but if it does, that is a great area to buy. Most likely (i think) to 1.2230 area before we go back up again.
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