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Cable Update (GBPUSD)

  • #492,281
  • Sep 5, 2019 11:43pm Sep 5, 2019 11:43pm
Quoting modalyakin
Niceee, where'll be your Long at? 2320 entry? {quote}
Long is for who is thinking, i am byond thinking, i am in a revenge trade .
I am short and believe that gu gill go down , but it's better to wait until Asian session range to break down at least and of the price band , and most importantly to wait for lo
yes yes yes
  • #492,282
  • Sep 5, 2019 11:49pm Sep 5, 2019 11:49pm
Quoting Moty
For now , as long as price is above the price bank ,think bullish {image}
Nice to see "Moty" finally giving bullish signal for GBP/USD.

An important point for new trader- If you are new here, then I must tell you that "Moty" analysis is considered as a popular signal here and from the best of the trading practice it is considered as the contrarian signal, meaning when it gives bearish signal, it trades strongly bullish and vice versa. So do consider this point, if you are seriously looking at Moty's analysis.
  • #492,283
  • Sep 5, 2019 11:58pm Sep 5, 2019 11:58pm
I am thinking that since today is friday, people would be taking profit on their long positions before the weekend, and since the ADP result yesterday was very good, and price could start dropping from NFP result. The good brexit news should have been largely priced in already after almost 400 pips rise this week, so don't see any rise on the back of that this week. So my bias on GU is down for the day I think, the retracement is quite overdue.
  • #492,284
  • Sep 5, 2019 11:59pm Sep 5, 2019 11:59pm
It went to 233x and down again
It's unlike you for a revenge trade, usually you had it planned before taking position, what makes it different this time?

Quoting Moty
{quote} Long is for who is thinking, i am byond thinking, i am in a revenge trade . I am short and believe that gu gill go down , but it's better to wait until Asian session range to break down at least and of the price band , and most importantly to wait for lo
yakinaja.hajarblehh
  • #492,285
  • Sep 6, 2019 12:02am Sep 6, 2019 12:02am
Anticipation of a very good NFP tonight ya, seems the Bears are around the corner?

Quoting Han2019
I am thinking that since today is friday, people would be taking profit on their long positions before the weekend, and since the ADP result yesterday was very good, and price could start dropping from NFP result. The good brexit news should have been largely priced in already after almost 400 pips rise this week, so don't see any rise on the back of that this week. So my bias on GU is down for the day I think, the retracement is quite overdue.
yakinaja.hajarblehh
  • #492,286
  • Sep 6, 2019 12:11am Sep 6, 2019 12:11am
Attached Image (click to enlarge)
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morning shirt from last night on the 5 min there was a lot of fighting going on so just added and the 1st trade pp is on the top of that tl together with the 2nd incase of false move
  • #492,287
  • Sep 6, 2019 12:13am Sep 6, 2019 12:13am
Look it starts to drop, covering for a highly anticipated good NFP later NY session maybe
So joining the ride? It's trading the trend right

Quoting elbert3
{image} morning shirt from last night on the 5 min there was a lot of fighting going on so just added and the 1st trade pp is on the top of that tl together with the 2nd incase of false move
yakinaja.hajarblehh
  • #492,288
  • Sep 6, 2019 12:14am Sep 6, 2019 12:14am
Attached Image (click to enlarge)
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Quoting elbert3
{image} morning shirt from last night on the 5 min there was a lot of fighting going on so just added and the 1st trade pp is on the top of that tl together with the 2nd incase of false move
Gbj in conjunction with GU
  • #492,289
  • Edited 1:23am Sep 6, 2019 12:21am | Edited 1:23am
possible 2299 to 2387. I am just saying, may be I am wrong.

2296 is daily pivot
Attached Image (click to enlarge)
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Intraday only.
  • #492,290
  • Sep 6, 2019 12:23am Sep 6, 2019 12:23am
The drop is here
Attached Image (click to enlarge)
Click to Enlarge Name: New Doc 2019-09-06 10.21.50_1.jpg Size: 130 KB
yes yes yes
  • #492,291
  • Sep 6, 2019 12:28am Sep 6, 2019 12:28am
Already start stacking the trades, Moty?
The pair is dropping below 23xx just now

Quoting Moty
The drop is here {image}
yakinaja.hajarblehh
  • #492,292
  • Sep 6, 2019 12:41am Sep 6, 2019 12:41am
Quoting navk
possible 2299 to 2387. I am just saying, may be I am wrong. 2299 is daily pivot {image}
my chart is still bullish.

Unless otherwise 4hr turns red, no question of shorting.
Intraday only.
  • #492,293
  • Sep 6, 2019 12:46am Sep 6, 2019 12:46am
morning
catching the pullback on M5 for short...

I believe this is correction. The trend is upward.

Edit: Target set to 35 pips.
At that level i think a HF HL is created and we go upward again.
Attached Image
in wondering about yourself, you forgot what you came here to be part of
  • #492,294
  • Edited 1:26am Sep 6, 2019 12:51am | Edited 1:26am
To decide try 2380 from above 2285 or 60 last , fall 2307 already and 2294 tested.

While eu perfectly above 1050 and may ready tanking next and usdx still breaks below 98.27 to ready for bounce! So some time there to decide yet.
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #492,295
  • Sep 6, 2019 12:55am Sep 6, 2019 12:55am
Quoting navk
{quote} my chart is still bullish. Unless otherwise 4hr turns red, no question of shorting.
Here ,not just red , unfulfilling red
Attached Image(s) (click to enlarge)
Click to Enlarge Name: New Doc 2019-09-06 10.49.03_1.jpg Size: 112 KB
Click to Enlarge Name: New Doc 2019-09-06 10.53.38_1.jpg Size: 185 KB
yes yes yes
  • #492,296
  • Edited 1:23am Sep 6, 2019 12:56am | Edited 1:23am
Quoting fontu
To decide try 2380 from above 2285 or 60 last , fall 2307 already and 2294 tested.
my stop 2294. for 2387.
Intraday only.
  • #492,297
  • Sep 6, 2019 12:58am Sep 6, 2019 12:58am
Quoting Moty
{quote} Here ,not just red , unfulfilling red {image} {image}
you are also a pivot man. See the pivot. if it falls below pivot, you can short.
Intraday only.
  • #492,298
  • Sep 6, 2019 1:03am Sep 6, 2019 1:03am
Quoting navk
{quote} my chart is still bullish. Unless otherwise 4hr turns red, no question of shorting.
maybe 24550 or 25000... I think...
maybe around 22674 first ... I 'm waiting payroll
  • #492,299
  • Sep 6, 2019 1:04am Sep 6, 2019 1:04am
I see no reason to short yet. I believe we’ll see 1.2420 - 1.2530 area before too long
ex nihilo
  • #492,300
  • Sep 6, 2019 1:09am Sep 6, 2019 1:09am
this is what i think is happening.
Just one opinion
H1 chart...price should make a structural HL first before it can go up further.
Attached Image
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