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Cable Update (GBPUSD)

  • #494,681
  • Sep 25, 2019 7:38am Sep 25, 2019 7:38am
1.2378 bulls may be rewarded from this level...low implied volatility range for this week is 12378...something to keep in mind..
sell strength in falling markets, and buy weakness in rising markets.
  • #494,682
  • Sep 25, 2019 7:42am Sep 25, 2019 7:42am
Just woke up see, perfect , resistance around 98.45 usdx and may continue gu for 2332 before 2282 or low as broken 2384 limit. Take care
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #494,683
  • Sep 25, 2019 7:45am Sep 25, 2019 7:45am
Quoting asgcorp
H3 (3hour chart) update: Bears killed a massive Bull TL. This is bad! {image}
Don't ignore the significant horizontal zone at 1.23820-40
yes yes yes
  • #494,684
  • Sep 25, 2019 7:46am Sep 25, 2019 7:46am
whole tradingview going nuts with head and shoulder patter targeting 122xx ...this is going to be interesting
sell strength in falling markets, and buy weakness in rising markets.
  • #494,685
  • Sep 25, 2019 7:48am Sep 25, 2019 7:48am
Quoting htcone
whole tradingview going nuts with head and shoulder patter targeting 122xx ...this is going to be interesting
the only problem - there's no H*S in GBPUSD.
  • #494,686
  • Sep 25, 2019 7:55am Sep 25, 2019 7:55am
im gonna take two lots off the table for 32 & 46 pips.
I will leave on e on for further possible dropping....

great trading day !

edit: we also broke yesterdays Lo so a pullback and then continuation i=down i expect.
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in wondering about yourself, you forgot what you came here to be part of
  • #494,687
  • Sep 25, 2019 8:00am Sep 25, 2019 8:00am
Quoting htcone
1.2378 bulls may be rewarded from this level...low implied volatility range for this week is 12378...something to keep in mind..
Thanks for this. I have learnt something new from you.

Thanks.
  • #494,688
  • Sep 25, 2019 8:01am Sep 25, 2019 8:01am
buy at retest of 12370
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sell strength in falling markets, and buy weakness in rising markets.
  • #494,689
  • Sep 25, 2019 8:04am Sep 25, 2019 8:04am
Quoting pipcenturion
{quote} Thanks for this. I have learnt something new from you. Thanks.
thanks my pleasure dear...good luck
sell strength in falling markets, and buy weakness in rising markets.
  • #494,690
  • Sep 25, 2019 8:04am Sep 25, 2019 8:04am
Quoting pipcenturion
{quote} price is over extended to the sell side. Buy once we see a bullish H1 candle .
H1 candle with bullish body seen.

Buy GU
  • #494,691
  • Sep 25, 2019 8:07am Sep 25, 2019 8:07am
2425 to 2435
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Intraday only.
  • #494,692
  • Sep 25, 2019 8:09am Sep 25, 2019 8:09am
Quoting kk300
Lets see. {image}
Hit
  • #494,693
  • Sep 25, 2019 8:14am Sep 25, 2019 8:14am
Quoting asgcorp
{quote} right now though, bears are looking pretty awkward. {image}
But now they're looking funky
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Come with me if you want to live....
  • #494,694
  • Sep 25, 2019 8:27am Sep 25, 2019 8:27am
Quoting navk
2425 to 2435 {image}
Bro
U suggesting to go long again? As such all longs hit SL today
  • #494,695
  • Sep 25, 2019 8:29am Sep 25, 2019 8:29am
Bear Party hopeful if 1312.5 @ 1.23708 is well removed. Still holding longs
Keep the Lights on then you can catch the rise from the dark.
  • #494,696
  • Sep 25, 2019 8:29am Sep 25, 2019 8:29am
beautiful price action today
closed the shorts for 78 pips.

Had one left and now adding one below the H1 bull candle i marked out with a pink arrow.
This looks like a bull candle but i call this a decision candle, because it is so balanced on each side.
If the next H1 candle does not close above the High of the decision candle, the bears continue.

so extra sell pending @ 2373
or you can time it preciser on M5 with a LL-LH

chart is H1 chart.

awesome trading day
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in wondering about yourself, you forgot what you came here to be part of
  • #494,697
  • Sep 25, 2019 8:32am Sep 25, 2019 8:32am
Quoting hawk786
{quote} Bro U suggesting to go long again? As such all longs hit SL today
Longing at 2370 ( for today ) is not a bad idea. with stop below 2370.

Also short around 2425/35 also will be good. And tomorrow, look to short.
Intraday only.
  • #494,698
  • Sep 25, 2019 8:35am Sep 25, 2019 8:35am
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yes yes yes
  • #494,699
  • Sep 25, 2019 8:45am Sep 25, 2019 8:45am
don't buy anything until 2350. period.
  • #494,700
  • Sep 25, 2019 8:46am Sep 25, 2019 8:46am
If you know your strategy/method/playbook and objective (different TF=different objective) you will know how to use these charts otherwise ask the questions. Good luck to all.
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Always trade your own plan...I don't provide trading signals.
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