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Cable Update (GBPUSD)

  • #495,121
  • Sep 27, 2019 5:46am Sep 27, 2019 5:46am
Quoting HaLBot
{quote} I agree, I'm scalping seem to do better that way, but we could retrace to 2320 and that's all I need for today Maybe will have to close trades??
you decide bud

i can tell you what i would do now , i would look for good spots for shorts and consider possible longs only later

but do trade as you see fit for you
  • #495,122
  • Sep 27, 2019 5:46am Sep 27, 2019 5:46am
Moty, awfully quiet of you, any idea on the upcoming NY session for GU?

Quoting Moty
{image}
yakinaja.hajarblehh
  • #495,123
  • Sep 27, 2019 5:50am Sep 27, 2019 5:50am
The price needs to close above 2325/35 to be bullish.

These are small bounce which needs to be ignored.
Intraday only.
  • #495,124
  • Sep 27, 2019 5:53am Sep 27, 2019 5:53am
Quoting MXT
{quote} you decide bud i can tell you what i would do now , i would look for good spots for shorts and consider possible longs only later but do trade as you see fit for you
I appreciate your advice there M8
Will watch this like the hawk
Don't Leave Money on the Table
  • #495,125
  • Sep 27, 2019 5:54am Sep 27, 2019 5:54am
Eu d1
Attached Image (click to enlarge)
Click to Enlarge Name: New Doc 2019-09-27 13.54.02_1.jpg Size: 117 KB
yes yes yes
  • #495,126
  • Sep 27, 2019 5:55am Sep 27, 2019 5:55am
currently waiting patiently on the side line, going to short again at 1.231 level, I think a potentially good US data this afternoon could lead to another down push, will see how it turns out.
  • #495,127
  • Sep 27, 2019 5:58am Sep 27, 2019 5:58am
Quoting modalyakin
Moty, awfully quiet of you, any idea on the upcoming NY session for GU? {quote}
Up up and away.
Everybody forgot that it's still strong up trend in the short term.
Theoretically, price can bounce from 50 % retracment o(1.22700) of the all move up , back to 125850.
First target 1.23211-319
yes yes yes
  • #495,128
  • Sep 27, 2019 5:58am Sep 27, 2019 5:58am
Quoting MXT
{quote} you decide bud i can tell you what i would do now , i would look for good spots for shorts and consider possible longs only later but do trade as you see fit for you
You know the smart money was not selling of Cable, so you got to wonder
GN giving me a hard time
Don't Leave Money on the Table
  • #495,129
  • Sep 27, 2019 5:59am Sep 27, 2019 5:59am
Quoting pipcenturion
@knkie, please do not withdraw into your shell. I really do not intend to make you sad. You just need to be careful how you address people that you know little or nothing about. If the Supreme being is going to help anyone, he would do it through the people in your sphere of contact. Since you do not know who might have been provisioned to be a blessing to you, it becomes exceedingly dangerous to address "strangers" unkindly. You could be short-circuiting nature's plan to uplift you. Learn a lesson from what has transpired between us these past...

Jesus, that's rich...deflect your opinion and blessings somewhere else. It's a public forum. You're not making anyone sad and trying to twist things the way you are is just showing your own interests and attempting to appear as a reasonable person. Forget it buddy.
  • #495,130
  • Sep 27, 2019 6:02am Sep 27, 2019 6:02am
Quoting Moty
{quote} Up up and away. Everybody forgot that it's still strong up trend in the short term. Theoretically, price can bounce from 50 % retracment o(1.22700) of the all move up , back to 125850. First target 1.23211-319
I hope you keep your streak alive!
  • #495,131
  • Sep 27, 2019 6:03am Sep 27, 2019 6:03am
Niceee, seems the pair rebounded from today's low and agree on the short term Bull, so not too sure on 25xx, maybe limited to 23xx level, but what do I know...
Safe trade

Quoting Moty
{quote} Up up and away. Everybody forgot that it's still strong up trend in the short term. Theoretically, price can bounce from 50 % retracment o(1.22700) of the all move up , back to 125850. First target 1.23211-319
yakinaja.hajarblehh
  • #495,132
  • Sep 27, 2019 6:06am Sep 27, 2019 6:06am
GU is now at the VAP support for today.

We will see a bit of selling until around the uptrend line for today.

1.2305 is the VAP support for today.

NOTE: Price still needs to make a bullish statement of intent by taking out the current day high of 1.23364

I a not sure which sequence it will be but it is safe to close a bit of profit now and then watch for the next line of action.
Attached Image
  • #495,133
  • Sep 27, 2019 6:06am Sep 27, 2019 6:06am
DXY heading lower...
Don't Leave Money on the Table
  • #495,134
  • Sep 27, 2019 6:06am Sep 27, 2019 6:06am
Quoting HaLBot
{quote} You know the smart money was not selling of Cable, so you got to wonder GN giving me a hard time
1.2310 / 1.2330 looks like a good place for shorts , until proven wrong imho

should this area get busted , well i would change my mind too and consider longs earlier too
  • #495,135
  • Sep 27, 2019 6:12am Sep 27, 2019 6:12am
hey Guys don't forget this pair USD/DKK is opposite Gu...
I sold this one at 0.02 and bought other more interesting pairs in larger lots. This can yield some profit.

maybe I'll add a bigger batch this next week
Attached Image(s) (click to enlarge)
Click to Enlarge Name: usd dkk.png Size: 77 KB
Click to Enlarge Name: UsdDKk monthly.png Size: 76 KB
  • #495,136
  • Sep 27, 2019 6:13am Sep 27, 2019 6:13am
1.2284 - 1.2289 might be a good place for a BUY re-joinder.

I also placed a buy stop at 1.2312 in case of a breakout of the up - sloping channel.
  • #495,137
  • Sep 27, 2019 6:16am Sep 27, 2019 6:16am
Quoting Marcieny
hey Guys don't forget this pair USD/DKK is opposite Gu... I sold this one at 0.02 and bought other more interesting pairs in larger lots. This can yield some profit. maybe I'll add a bigger batch this next week {image}
Nice trading Marci
Don't Leave Money on the Table
  • #495,138
  • Sep 27, 2019 6:18am Sep 27, 2019 6:18am
Only buy now
Attached Image (click to enlarge)
Click to Enlarge Name: gu_H4.png Size: 38 KB
  • #495,139
  • Sep 27, 2019 6:24am Sep 27, 2019 6:24am
Quoting HaLBot
{quote} Nice trading Marci
Thanks hahaha...
  • #495,140
  • Sep 27, 2019 6:28am Sep 27, 2019 6:28am
The current cumulative net volume suggests that the move we are expecting will be seen on the 5 minute time frame.

Everything still points to 1.22845 support.

Maybe we will get a buy continuation from there.
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