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Cable Update (GBPUSD)

  • #494,481
  • Sep 24, 2019 11:19am Sep 24, 2019 11:19am
1.24576 is the area for bear to come forward
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  • #494,482
  • Sep 24, 2019 11:27am Sep 24, 2019 11:27am
The true price for GU is currently about 40 pips less than where ordinary price is.

I expect more selling on this pair until 1.244X then maybe lower
  • #494,483
  • Sep 24, 2019 11:54am Sep 24, 2019 11:54am
ok usdx tanking my way but still I do not believe it yet and take care for others as usual that is waiting bear for others . usdx playing the weekly level of interest 98.010 too early ,so fight around it to play if weekly close below that level.
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Attached Image
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #494,484
  • Sep 24, 2019 11:56am Sep 24, 2019 11:56am
price is about to break thru yesterdays high.
in so doing it will make a HL on the Day chart.

id like to see M30 close above 2491 then m5 retrace for more buying.
in wondering about yourself, you forgot what you came here to be part of
  • #494,485
  • Sep 24, 2019 12:00pm Sep 24, 2019 12:00pm
The play for GU is quite straight forward. We have seen price move 3 standard deviations away from VWAP to the upside. Therefore, a reversion to the mean (VWAP) is expected.
  • #494,486
  • Sep 24, 2019 12:17pm Sep 24, 2019 12:17pm
Seeing 1.2520 as next stop. Tp at 1.2516.. Holding my longs =D
Set GOAL, REACH and REPEAT.
  • #494,487
  • Sep 24, 2019 12:33pm Sep 24, 2019 12:33pm
I am also of the opinion that a H&S type pattern is being formed on H4, so going to look into short plays, but since parliament are being recalled, which could make a hard Brexit more difficult, going to be flexible and ready to switch to long bias depending on what happens.
  • #494,488
  • Sep 24, 2019 12:37pm Sep 24, 2019 12:37pm
guys on H*S. Show me any recent H*S on H1/H4 GBPUSD. I'd love to see one, honestly.
  • #494,489
  • Sep 24, 2019 12:41pm Sep 24, 2019 12:41pm
If we get a H1 close below 1.24733 that would mean that the bears are now in control (possibly until NY close)
  • #494,490
  • Edited 3:32pm Sep 24, 2019 12:44pm | Edited 3:32pm
Quoting pipcenturion
If we get a H1 close below 1.24733 that would mean that the bears are now in control (possibly until NY close)

"Not even close my friend"

Edit As long as price is above the 1.23924 area then there will be a bullish bias.
  • #494,491
  • Sep 24, 2019 12:52pm Sep 24, 2019 12:52pm
Here's my stockpile of sell trades to be covered just before the 1.2421 support level on H1
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  • #494,492
  • Sep 24, 2019 12:57pm Sep 24, 2019 12:57pm
Quoting asgcorp
guys on H*S. Show me any recent H*S on H1/H4 GBPUSD. I'd love to see one, honestly.
here
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yes yes yes
  • #494,493
  • Sep 24, 2019 12:59pm Sep 24, 2019 12:59pm
Bad luck I'm in a bigger position on the gu , I should have been on break even now if it droped like the gj
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: GJ m5.png Size: 51 KB
Click to Enlarge Name: eg h1.png Size: 40 KB
yes yes yes
  • #494,494
  • Sep 24, 2019 1:01pm Sep 24, 2019 1:01pm
Quoting Moty
Bad luck I'm in a bigger position on the gu , I should have been on break even now if it droped like the gj {image} {image} {image}
rip lmao

no wonder he's getting angry
Do or do not, there is no try - Master Yoda
  • #494,495
  • Sep 24, 2019 1:03pm Sep 24, 2019 1:03pm
Quoting Dingoman-two
{quote} "Not even close my friend" Edit As long as price is above the 1.23924 area the there will be a bullish bias.
+++++
On top of that, I'm probably buying dips near 2450 target is 2500//2510.
Feel free to join in!
  • #494,496
  • Sep 24, 2019 1:04pm Sep 24, 2019 1:04pm
Sell should continue with bigger range now as usdx tanking good but in odd time with news effects only, not enough for real one. So bounce there with breaks 98.028 for 98.194 limit play. More time play arounds in this week. Take care
Attached Image
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #494,497
  • Sep 24, 2019 1:09pm Sep 24, 2019 1:09pm
Quoting asgcorp
{quote} +++++ On top of that, I'm probably buying dips near 2450 target is 2500//2510. Feel free to join in!
we would find out very soon whether or not the things I post should be taken seriously.
  • #494,498
  • Sep 24, 2019 1:13pm Sep 24, 2019 1:13pm
Quoting pipcenturion
{quote} we would find out very soon whether or not the things I post should be taken seriously.
well, for starters, this wasn't about your comment. You keep posting, diversity is always good.

My take is slightly different, that's all there is to it.
  • #494,499
  • Sep 24, 2019 1:17pm Sep 24, 2019 1:17pm
The level to beat for sellers is the 1.2460 support level.
Never follow/blame others,Patience is the key skill for Succesfull trading.
  • #494,500
  • Sep 24, 2019 1:21pm Sep 24, 2019 1:21pm
IMHO A break of 1.2460 support to the downside would expose 1.2413 key support, then 1.2310 will be the target tomorrow.
Never follow/blame others,Patience is the key skill for Succesfull trading.
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