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Cable Update (GBPUSD)

  • #491,441
  • Sep 1, 2019 2:38am Sep 1, 2019 2:38am
1700 not going to happen in September. Large operators need to entice new buyers and sell from the highs.
The dump won't come from current range levels (2000-2300).

I see a decent push incoming in September, floor is set at 2000. 2400//2500 is very likely.
Why? Cause all big dumps setup that way, look back at the history.
Here's 2016 GU pump before a huge dump.
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  • #491,442
  • Sep 1, 2019 2:39am Sep 1, 2019 2:39am
Also seems like everyone is ignoring past seasonality, past 2 years GU pumped 400-500 points early september.
Finally, right now only 60-65% retailers are Net long. You need 80-85% to setup for a new dump.
  • #491,443
  • Sep 1, 2019 3:33am Sep 1, 2019 3:33am
New week high/low projection, I might be off by a few points.
GBPUSD low 2100//2120 GBPUSD high 2280//2300.
Looking to buy low and sell high based on those levels.

Good luck, traders.
  • #491,444
  • Sep 1, 2019 3:39am Sep 1, 2019 3:39am
No matter how many months it down but center of big ranges may shift down such 2236 and 2155 or further below 1981 all below 2381 before previous low 2019 and may 1912 minimum perhaps . and all these levels may not take more times 1-2 should be enough. and to further too , 1752 / 1308 & more down . lets see .
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #491,445
  • Sep 1, 2019 6:34am Sep 1, 2019 6:34am
#GBPUSD / Weekly, Daily & H4 / Three Ideas
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  • #491,446
  • Edited 8:26am Sep 1, 2019 8:01am | Edited 8:26am
Quoting sgkrishn
{quote} already u have long positions?
not yet.
Gu has a perfect high gartley .. it took 4 years to complete .... I won't sell for now ... but I will wait. It is a monthly standard.
  • #491,447
  • Sep 1, 2019 9:28am Sep 1, 2019 9:28am
Quoting DailyChart
https://m.youtube.com/watch?v=KPOma7TiNlc
holy shit
  • #491,448
  • Sep 1, 2019 12:50pm Sep 1, 2019 12:50pm
uk government need cheap pound to scare people not leave eu but if euro will go 160 down, pound will stay strong? looks like euro in downtrend, or it will change soon?
  • #491,449
  • Sep 1, 2019 1:00pm Sep 1, 2019 1:00pm
Inserted Video
  • #491,450
  • Sep 1, 2019 4:15pm Sep 1, 2019 4:15pm
Hello everybody, what kind of leverage do you recommend for beginner traders?

Have a nice trading week!
  • #491,451
  • Sep 1, 2019 5:20pm Sep 1, 2019 5:20pm
Flipped to short, looking for a new low
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Come with me if you want to live....
  • #491,452
  • Sep 1, 2019 5:23pm Sep 1, 2019 5:23pm
Quoting Ill-b-back
Flipped to short, looking for a new low {image}
What price you aiming for
ex nihilo
  • #491,453
  • Sep 1, 2019 5:28pm Sep 1, 2019 5:28pm
Quoting Oc6oph
{quote} What price you aiming for
August low.
Come with me if you want to live....
  • #491,454
  • Sep 1, 2019 8:06pm Sep 1, 2019 8:06pm
Moty, you are an inspiration
Your persistence, confidence, "stubbornness" are remarkable
Safe trade and remember to book your pips, book it while you can

Quoting Moty
I don't know whether to be satisfied or disappointed. Because if you ask me, it's enough for me to make $ 50 a day and $ 1100 a month which covers all the living expenses it's rent and expenses like tax food and everything else. And then my salary is just a luxury. I made this a week and a half ago, even more than that, I made $ 1360 this month. Because there were another $ 800 that could have been mine but because of scrapes, I lost them but still this is a profit that was beyond the $ 1360 profit. In the last draw I left $ 600 and then went up...
yakinaja.hajarblehh
  • #491,455
  • Sep 1, 2019 8:34pm Sep 1, 2019 8:34pm
Remember to book your pips, don't want to miss your bragging next week

Quoting Not-KPMG
{quote}< Hi all su....rs. Soooo I been right again? Noone say thanks ???? I post and post and nobody likes? Well u can su.k my big. I'm sick of ignorant f........s in silly thread. Peace out d....k wa.s. Yeah, figure that out l....r....s. Won't come here again, unless to piss losers out
yakinaja.hajarblehh
  • #491,456
  • Sep 1, 2019 9:06pm Sep 1, 2019 9:06pm
Quoting modalyakin
Remember to book your pips, don't want to miss your bragging next week {quote}
Lol, post of the day
  • #491,457
  • Sep 1, 2019 10:44pm Sep 1, 2019 10:44pm
Quoting sgkrishn
{quote} Yes. By Monday it may open a long gap below 1.2130. imo. Then more downsides coming.
Let's see new lows.
Never follow/blame others,Patience is the key skill for Succesfull trading.
  • #491,458
  • Sep 1, 2019 11:58pm Sep 1, 2019 11:58pm
Great start of the week.
S&p futures open with gap down of 26 points , giving me even more that my tp was supposed to give. I took short from 2944 to 2904 and price open with gap from Friday's close (2923) to 2897 giving me total profit of 368 dollar . I immediately withdraw 200 dollar , leaving amount of 600+ dollars in my account so that I don't get crazy.
Now , why 1.22240 ?
Positive diversion
Last high
Adr target mins 10 pips becouse it's Monday
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yes yes yes
  • #491,459
  • Sep 2, 2019 12:19am Sep 2, 2019 12:19am
Next breaking levels 1.2134 and followed by 1.2096
Never follow/blame others,Patience is the key skill for Succesfull trading.
  • #491,460
  • Sep 2, 2019 12:27am Sep 2, 2019 12:27am
Quoting Moty
Great start of the week. S&p futures open with gap down of 26 points , giving me even more that my tp was supposed to give. I took short from 2944 to 2904 and price open with gap from Friday's close (2923) to 2897 giving me total profit of 368 dollar . I immediately withdraw 200 dollar , leaving amount of 600+ dollars in my account so that I don't get crazy. Now , why 1.22240 ? Positive diversion Last high Adr target mins 10 pips becouse it's Monday {image} {image}
Your upside psotion GU closed?
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