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Cable Update (GBPUSD)

  • #491,681
  • Sep 3, 2019 3:24am Sep 3, 2019 3:24am
15 min chart.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM15.png Size: 31 KB
Intraday only.
  • #491,682
  • Sep 3, 2019 3:25am Sep 3, 2019 3:25am
Quoting Moty
Here we go, up and away {image} {image}
That's some serious leveraging if the account total you posted earlier is the same.

Looks like the risk paid off this time, but wow.
  • #491,683
  • Sep 3, 2019 3:30am Sep 3, 2019 3:30am
i just have bought. Target for half position last daily high
Attached Image (click to enlarge)
Click to Enlarge Name: gbp.png Size: 31 KB
you can't stop the waves, but you can learn to surf
  • #491,684
  • Sep 3, 2019 3:35am Sep 3, 2019 3:35am
Pound will dive in
  • #491,685
  • Sep 3, 2019 3:41am Sep 3, 2019 3:41am
I think time to go up.

I´m waiting for pull back. Good luck all.
  • #491,686
  • Sep 3, 2019 3:52am Sep 3, 2019 3:52am
there was a gap usdx at 98.948 perhaps , limit down for next up 99.09 watching. one more leg up for 99.42 most possible even though the gap/ fast movement , may fill or test tl around later.

watching next leg down from below limit 1.0957 eu having next target possible 1.0920 -0900 & below limit 2024 gu for 1.1914 . lets see & most care playing this last leg down for now . take care
Attached Image
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #491,687
  • Sep 3, 2019 4:01am Sep 3, 2019 4:01am
Mannnn the struggle is real, hopefully recovery trades are on the way

Quoting Moty
Yessss ! I caught the gu at 1.19853 . I deposited this morning and open a new position because my account was blown yesterday
yakinaja.hajarblehh
  • #491,688
  • Sep 3, 2019 4:03am Sep 3, 2019 4:03am
Quoting forda
i just have bought. Target for half position last daily high {image}
or maybe wave 5 will take long period. if I assume wave 5 will be equal time of wave 1 that's mean we will not see any major reversal until 24th of september
  • #491,689
  • Sep 3, 2019 4:11am Sep 3, 2019 4:11am
Attached Image (click to enlarge)
Click to Enlarge Name: New Doc 2019-09-03 12.10.29_1.jpg Size: 140 KB
yes yes yes
  • #491,690
  • Sep 3, 2019 4:21am Sep 3, 2019 4:21am
Quoting forexer
Let's face the reality of the GBPUSD now, the pair is heading south and targeting 1.2012 historical support and then it will attempt to breach the psychological level at 1.2012 and plunge like a hell to target 1.1900 and 1.1800 in the long run, as we all know what's happening in UK of Brexit chaos and the high possibility of NO DEAL BREXIT WITH EUROPEAN UNION . Let's sit back watch the GBPUSD's diving show.

Hi,

As I posted yesterday, GBPUSD has been behaving as I expected.

Now, 1.2012 is cleared and breached so aggressively, Now the pair is getting closer to my initial target 1.1900 then it must target and clear 1.18 in the short run.

Thanks
I always knew that someday I would make it big
  • #491,691
  • Sep 3, 2019 4:30am Sep 3, 2019 4:30am
Quoting msniper
{quote} or maybe wave 5 will take long period. if I assume wave 5 will be equal time of wave 1 that's mean we will not see any major reversal until 24th of september
Yes, i’ve got alternative counting (couldn’t post it from phone).

At least scalping long is profitable at these levels.
you can't stop the waves, but you can learn to surf
  • #491,692
  • Sep 3, 2019 4:38am Sep 3, 2019 4:38am
Quoting Moty
Here we go, up and away {image} {image}

Hi Moty,
I hope you are ok dude.

According to the current situation in the UK, The GBPJPY is not going to get up again in the short run and now the pair is having a good dive down to target 125.00, 124.00. you must be aware that sterling pound is suffering and struggling to find a ground now because of the BREXIT

Please take care, my friend.

Thanks
I always knew that someday I would make it big
  • #491,693
  • Sep 3, 2019 4:51am Sep 3, 2019 4:51am
Bolinger turning as per theory.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM30.png Size: 25 KB
Intraday only.
  • #491,694
  • Sep 3, 2019 5:01am Sep 3, 2019 5:01am
gbpusd-buy-maybe-h1
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD - Alternate test2 - Sep-03 1429 PM (1 hour).png Size: 50 KB
  • #491,695
  • Sep 3, 2019 5:10am Sep 3, 2019 5:10am
Quoting diceman555
Personally I'm still holding shorts and would not be surprised in the slightest to see 11932 - 11965 before any significant rally to the upside.a spike down to 11880 would clear the board.
Thank you boris

I'm beginning to like you.

11932 next then 11881
These are the converged lower extremes .recalculate from here
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  • #491,696
  • Sep 3, 2019 5:17am Sep 3, 2019 5:17am
Average weekly range is 190 ,we are at 220 in the second day allready.
Retracement is a logic idea.
Horizontal weekly support sit on the same area 1.19865
Gj is 240 awr , and 270 current weekly range
Attached Image (click to enlarge)
Click to Enlarge Name: New Doc 2019-09-03 13.26.14_1.jpg Size: 123 KB
yes yes yes
  • #491,697
  • Sep 3, 2019 5:24am Sep 3, 2019 5:24am
GU is a tosser. EG on buy watch list, cleared last week's high, more upside very likely. Needs a bit more work on H1.
  • #491,698
  • Sep 3, 2019 5:26am Sep 3, 2019 5:26am
Quoting Moty
Average weekly range is 190 ,we are at 220 in the second day allready. Retracement is a logic idea. Horizontal weekly support sit on the same area 1.19865
Anything could happen bro
PA
Completed Return This Week: 1.0%
  • #491,699
  • Sep 3, 2019 5:26am Sep 3, 2019 5:26am
average weekly range means jack shit in current market conditions. 2000 just broke down today.
  • #491,700
  • Sep 3, 2019 5:30am Sep 3, 2019 5:30am
Quoting Sywa
Can anyone explain to me what is general election in UK in terms of Brexit ? what will they elect, it is just another PM ? for my understanding unless the election is about canceling Brexit, Selecting another leader will not do much for the Brexit, because the European Union is firm about their position.
Predicting this is (imo) a bit a minefield and I am Scottish and rather into politics. If Labour won an election I think it'd be a slightly brighter outlook in terms of any EU deal. But Corbyn would also be by a long way the most left-wing PM in my lifetime. I support his politics but I doubt markets do. Especially if he wants to fund using tax rather than MMT/PQE/etc.

The UK is struggling with the FPTP system with Scotland voting SNP and north of England voting for madmen. I suppose markets would react badly to any 'weak' government, such as how the British like to portray ANY form of coalition government. No matter how long it works for Germany.
Hypocrite lecteur, mon semblable, mon frere!
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