Cable Update (GBPUSD)

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Post #491,021
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Aug 28, 2019 4:17am Aug 28, 2019 4:17am

msniper
Joined Oct 2007 | Status: Saudi Arabia/Dubai | 3,568 Posts

Quoting OnlineAddict

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{quote} I warned you.

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if we reach your levels 1.2050~ it will not be that strong to give a bounce we will continue down and make new low which Is what I want to happen

Post #491,022
Quote
Aug 28, 2019 4:18am Aug 28, 2019 4:18am

asgcorp
Joined Feb 2014 | Status: trading bank levels | 8,143 Posts

Quoting asgcorp

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next move is 2220//2240 - 2330//2340. buy dips.

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buy dip zone revised somewhat lower 2190//2210 stops at 2160. target is (TP) 2360.
Removed my buy stops overhead.

reversal incoming, but not ready yet.

Post #491,023
Quote
Aug 28, 2019 4:19am Aug 28, 2019 4:19am

pipoman
| Joined Apr 2009 | Status: Member | 44 Posts

Quoting Moty

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Now to the mIn event. Right shoulder of a Rising h&s , and then we will the drop Took little long to 2600 {image} {image}

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At the moment a bit hard. The bears got released and possibly the low could get tested first before pulling back up there.

Albeit i could be wrong as you seem to be quite spot on and have a way to manage your position. Just watch your size Moty

Post #491,024
Quote
Aug 28, 2019 4:20am Aug 28, 2019 4:20am

Moty
Joined Dec 2017 | Status: Member | 12,466 Posts

You remember i said the price will close below 2650 ?
I meant that it will today

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don't try to tell the market where to go , let him tell you

Post #491,025
Quote
Aug 28, 2019 4:20am Aug 28, 2019 4:20am

elbert3
Joined Dec 2013 | Status: Member | 17,133 Posts

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too many levels tooooo many questions. Day chart confirm longs off 10 and 20 ema possible cross ??? Or good night longs ??

Post #491,026
Quote
Aug 28, 2019 4:20am Aug 28, 2019 4:20am

Ill-b-back
Joined May 2011 | Status: Get to the Chopper | 17,905 Posts

Quoting Moty

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You remember i said the price will close below 2650 ? I meant that it will today {image}

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Come with me if you want to live....

Post #491,027
Quote
Aug 28, 2019 4:21am Aug 28, 2019 4:21am

MXT
Joined Dec 2005 | Status: Member | 2,849 Posts

there could be another push toward low 1.2200s

Post #491,028
Quote
Aug 28, 2019 4:22am Aug 28, 2019 4:22am

OnlineAddict
Joined May 2014 | Status: Veteran | 7,529 Posts | Invisible

Quoting msniper

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{quote} if we reach your levels 1.2050~ it will not be that strong to give a bounce we will continue down and make new low which Is what I want to happen

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I don't know what will happen there, what chart pattern will form, I am just not trading GU until that level is reached.

If less is more, just think how much more more will be.

Post #491,029
Quote
Aug 28, 2019 4:24am Aug 28, 2019 4:24am

Ill-b-back
Joined May 2011 | Status: Get to the Chopper | 17,905 Posts

Quoting OnlineAddict

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{quote} I hope you didn't expect to reach those levels within 60 seconds on a minute chart. But we are and there is no point to long since that level will have to be reached, anyway.

Ignored

I heard this "will have to", "no way around it" statements from you before.

Pound dips in early sessions to give NY a good price.
I thought most people realised this by now.

I don't watch minute charts, but I do watch daily and weekly.

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