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Cable Update (GBPUSD)

  • #493,321
  • Sep 17, 2019 2:03am Sep 17, 2019 2:03am
now situation
https://www.forexfactory.com/showthr...2#post12507032
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #493,322
  • Sep 17, 2019 2:06am Sep 17, 2019 2:06am
Quoting Tekin
{quote} Safety first {image}

No chance today maybe waiting is better than loosing
  • #493,323
  • Sep 17, 2019 2:14am Sep 17, 2019 2:14am
lets see what happens next. either it's midget mode into FOMC or we get a decent bear upon
break below 2380. I'd only short sell if we get a break below that level.
  • #493,324
  • Sep 17, 2019 2:17am Sep 17, 2019 2:17am
Quoting Tekin
{quote} No chance today maybe waiting is better than loosing
Looks like another uneventful day for cable. Scalpers will enjoy profits though. Sold NZD/USD to see what happens. Good luck today everyone, lets make some pips!
Do or do not, there is no try - Master Yoda
  • #493,325
  • Sep 17, 2019 2:20am Sep 17, 2019 2:20am
Looks like bears are showing some strength to me
  • #493,326
  • Sep 17, 2019 2:24am Sep 17, 2019 2:24am
Possibility of bouncing off the 1.239 support level. This would be an important point to illustrate future bullish or bearish moves. With the american news, I see some quick drop in cable but will only be a good spot to buy low. I foresee cable being bullish.
Attached Image (click to enlarge)
Click to Enlarge Name: 1709 Cable.PNG Size: 45 KB
Do or do not, there is no try - Master Yoda
  • #493,327
  • Sep 17, 2019 2:25am Sep 17, 2019 2:25am
Quoting Han2019
Looks like bears are showing some strength to me
true. Put in some sell stops below current LOD.
  • #493,328
  • Sep 17, 2019 2:28am Sep 17, 2019 2:28am
Quoting BenWarburton
Possibility of bouncing off the 1.239 support level. This would be an important point to illustrate future bullish or bearish moves. With the american news, I see some quick drop in cable but will only be a good spot to buy low. I foresee cable being bullish. {image}
that's great, but mnt range is 500 points past 8 mnt, low was 1975 + 500 = high @ 2475, we already hit 2500
so a decent pullback off the highs is very likely.
  • #493,329
  • Sep 17, 2019 2:29am Sep 17, 2019 2:29am
if bears take out 2380 next target is 2260.
  • #493,330
  • Sep 17, 2019 2:35am Sep 17, 2019 2:35am
Watching for a nice bounce today...
Come with me if you want to live....
  • #493,331
  • Sep 17, 2019 2:40am Sep 17, 2019 2:40am
Quoting OnlineAddict
Short 2492, target open, but eyeing 2205. But even 2130 is possible, not going to wait that long, though. Long term still bullish biased, looking at the monthly chart.
Quoting OnlineAddict
{quote} Added short at GJ at 135.15, target open.
Closing both shorts, taking around 90 pips on each...need to clear out trades before FED tomorrow.
Everyone can see the chart, but only a few can actually read it.
  • #493,332
  • Sep 17, 2019 2:41am Sep 17, 2019 2:41am
Quoting asgcorp
{quote} that's great, but mnt range is 500 points past 8 mnt, low was 1975 + 500 = high @ 2475, we already hit 2500 so a decent pullback off the highs is very likely.
Ranges work in a normal market and are very good indicators usually. Unfortunately both the Pound and the US dollar are extremely volatile - through both Brexit and China trade wars/ Donald Trump in general. And when volatility is as high as it is right now, ranges can generally be ignored, though they are good to point out. Cheers for the heads up
Do or do not, there is no try - Master Yoda
  • #493,333
  • Sep 17, 2019 2:43am Sep 17, 2019 2:43am
Attached Image (click to enlarge)
Click to Enlarge Name: GU h1.png Size: 41 KB
Attached Image (click to enlarge)
Click to Enlarge Name: GU 15.png Size: 40 KB
yes yes yes
  • #493,334
  • Sep 17, 2019 2:45am Sep 17, 2019 2:45am
Quoting asgcorp
{quote} true. Put in some sell stops below current LOD.
pardon my ignorance, but would you mind telling me what LOD stand for?
  • #493,335
  • Sep 17, 2019 2:48am Sep 17, 2019 2:48am
morning
just a scalp short from 1.24
15 pips
then reevaluate if the turn south becomes turbo'd
in wondering about yourself, you forgot what you came here to be part of
  • #493,336
  • Sep 17, 2019 2:49am Sep 17, 2019 2:49am
Quoting Han2019
{quote} pardon my ignorance, but would you mind telling me what LOD stand for?
Low of day
  • #493,337
  • Sep 17, 2019 2:56am Sep 17, 2019 2:56am
pa now usdx , hold this leg up to start tanking
Attached Image
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #493,338
  • Sep 17, 2019 2:56am Sep 17, 2019 2:56am
Today 2381 to 2490/2500
Intraday only.
  • #493,339
  • Sep 17, 2019 3:01am Sep 17, 2019 3:01am
Quoting fontu
pa now usdx , hold this leg up to start tanking {image}
Not lying bro, I don't understand any of the charts you post xD
So many lines!
Do or do not, there is no try - Master Yoda
  • #493,340
  • Sep 17, 2019 3:02am Sep 17, 2019 3:02am
Quoting navk
Today 2381 to 2490/2500
how dear
major hourly trendline broken
edit..trendline start from breakout position 1.1960
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 33 KB
sell strength in falling markets, and buy weakness in rising markets.
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