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Cable Update (GBPUSD)

  • #493,421
  • Sep 17, 2019 9:59am Sep 17, 2019 9:59am
2490. that is it.

pull back now. max 2500, but I do not think so.
Intraday only.
  • #493,422
  • Sep 17, 2019 10:01am Sep 17, 2019 10:01am
Quoting Moty
I am out !!! {image}
can I already post here? the intruder is gone though Lol !!!!
"Champions are not made in gyms, champions are made of something that they have deep within, the desire, the dream, the vision." keep up the development. happy for you!!!
  • #493,423
  • Sep 17, 2019 10:01am Sep 17, 2019 10:01am
Quoting navk
2490. that is it. pull back now. max 2500, but I do not think so.
got out 20 sec before H1 close.
  • #493,424
  • Sep 17, 2019 10:07am Sep 17, 2019 10:07am
ok one intermediate sr not able react but old limit 97.88 usdx around may react , take care


breaking limit also , and if so then next support previous low or 97.47
Attached Images
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #493,425
  • Sep 17, 2019 10:08am Sep 17, 2019 10:08am
Quoting Moty
{image}

Smart guy. I love your boldness though your risk appetite is high for me but who cares as long as you are making the money
  • #493,426
  • Sep 17, 2019 10:22am Sep 17, 2019 10:22am
Quoting coderr
GBPUSD-H4-MAYBE-FORECAST {image}
  • #493,427
  • Sep 17, 2019 10:27am Sep 17, 2019 10:27am
2500 is not going to break so easily.

Today action is just recovery for the fall in price on Monday.

Expect a range below 2500 before break out.

Break out on Friday or FOMC ? I do not know.
Intraday only.
  • #493,428
  • Edited Sep 18, 2019 3:13am Sep 17, 2019 10:28am | Edited Sep 18, 2019 3:13am
Quoting Marcieny
while daily chart, is on this topic I stop posting here ... my friends know where to find me and I never needed forums to pips and grow my account ... never needed to be addicted to other people's analytics ...people like you should get banned ... I've always been here helping ... giving support, encouraging Moty and another peoples... and you only know how to bring people down, because you are weak you need to do this to feel better or stronger, that's the worst thing there is, just because you think you know something, you come here and talk shit...

Medusa will coming again lol
  • #493,429
  • Sep 17, 2019 10:28am Sep 17, 2019 10:28am
Quoting Moty
I am out !!! {image}
Nice numbers, happy for you :-)

But, never seen you going into loss, that is great!
Meditate -> Workout -> Good Food = Good Life!
  • #493,430
  • Sep 17, 2019 10:29am Sep 17, 2019 10:29am
Quoting navk
{quote}
welldone dear, you are good without any doubt..
sell strength in falling markets, and buy weakness in rising markets.
  • #493,431
  • Sep 17, 2019 10:38am Sep 17, 2019 10:38am
Quoting YellowFellow
{quote} Nice numbers, happy for you :-) But, never seen you going into loss, that is great!
I was in that position with the cruid oil in a loss of 900 $ but because i trade in all in style of "get rich or get margin called in the course of it "
this time ii manage to avoid that , because i had a lot of funds so the comeback had time to arrived
yes yes yes
  • #493,432
  • Sep 17, 2019 10:40am Sep 17, 2019 10:40am
Quoting Moty
I am out !!! {image}
Brilliant stuff, Moty
A word of advice. Always leave your best trade locked in with some profit, that will give you more confidence in new trades opened. That gives you some leverage to play around, with more risky trades and new baskets. One will be surprised how unattended trades can grow
I have attached my chart and these trades can lead to 1000's of pips. It is like money in the Kitty.
Cheers.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_251.png Size: 81 KB
Trade to trade another day
  • #493,433
  • Sep 17, 2019 10:59am Sep 17, 2019 10:59am
Quoting Moty
{quote} I was in that position with the cruid oil in a loss of 900 $ but because i trade in all in style of "get rich or get margin called in the course of it " this time ii manage to avoid that , because i had a lot of funds so the comeback had time to arrived
Encourage you to share your trades in TE. Good part, you don't have to show the lot size or your money :-)

PS: You can hide or show, all up to you.
Meditate -> Workout -> Good Food = Good Life!
  • #493,434
  • Edited 6:29pm Sep 17, 2019 11:08am | Edited 6:29pm
Quoting Dingoman-two
{quote} As we can see the close was above the 50% fib and this implies bullishness, price action in the Asian session is going as it should be expected, (down) And this could imply accumulation for a bull run later today.?? It may retest yesterday's low or even the 61.8 fib being at the 1.23953 area, If it does bounce of the 61.8 fib then this should imply a stronger bullish high being in the 1.27? area, But as all ways folks trade wisely and I will wait until Fran/london open and see what will happen. ...

As we can see the 61.8 fib (in the one hour time frame} at 1.23953 area was broken and bounced of the 1.23924 support area just below, and we are on our way to 50% fib line in the daily chart, and the upper limit of the downward channel line at 1.26699 area, as well.
But this is the second resistance point the first is the 38.2 fib at 1.25019 area, so tonights close will need to be above this area of (1.25058) being friday high, in order to have bullish continuation tomorrow IMHO//// I see that the the 61.8 fib could possibly be the target/reversal area here folks.

But time will reveal all.

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  • #493,435
  • Sep 17, 2019 11:09am Sep 17, 2019 11:09am
after previous top , price should target 2557 to 2700 , perhaps with usdx tank to low new 97.62/47, take care
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #493,436
  • Sep 17, 2019 12:07pm Sep 17, 2019 12:07pm
Starting to stack'em to the retracment.
Tp open
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yes yes yes
  • #493,437
  • Sep 17, 2019 12:19pm Sep 17, 2019 12:19pm
Quoting Dingoman-two
{quote} As we can see the 61.8 fib (in the one hour time frame} at 1.23953 area was broken and bounced of the 1.23924 support area just below, and we are on our way to 50% fib line in the daily chart, and the upper limit of the downward channel line at 1.26699 area, as well. But this is the second resistance point the first is the 38.2 fib area at 1.25019 area, so to nights close will need to be above this area of (1.25058) being friday high, in order to have bullish continuation tomorrow IMHO//// I see that the the 61.8 fib could possibly be the...
Good analysis Brian, min. expectation after W_1-5 is 38.2% ret. reasonable 50% and so-called big correction at 61.8%...Yesterday GU had inside day so we could expect today that both YL and YH will be touched if we get a rebound off one of these levels...so far so good.
Attached Image (click to enlarge)
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Always trade your own plan...I don't provide trading signals.
  • #493,438
  • Sep 17, 2019 12:47pm Sep 17, 2019 12:47pm
GBPUSD 2hour chart. Heavy resistance @ 2560//2580.
Then we got 2 options - either a pullback or a dump.
Targets are 2420 // 2260.

will start scaling in on sell side once we close in on 2560.
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  • #493,439
  • Sep 17, 2019 12:51pm Sep 17, 2019 12:51pm
Immediate momentum is gone, I'm expecting some gentle pullback for the Asian session before continuation tomorrow
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Pension fund Return This Month: 2.2%
  • #493,440
  • Sep 17, 2019 1:08pm Sep 17, 2019 1:08pm
daily RSI11 still shows room for upside.
If GU can hold >2500 maybe it wants 2600-2700.
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