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Cable Update (GBPUSD)

  • #495,461
  • Sep 30, 2019 3:25pm Sep 30, 2019 3:25pm
GU update into EOD. Dump incoming shortly. Valid target for bears is 2180//2200.
Short sell any rips. Friday LOD was tested and provided a bounce but gains won't hold.
  • #495,462
  • Sep 30, 2019 3:30pm Sep 30, 2019 3:30pm
RBA in 8 hours might produce a big move in GA.
  • #495,463
  • Sep 30, 2019 4:06pm Sep 30, 2019 4:06pm
Quoting asgcorp
RBA in 8 hours might produce a big move in GA.
expecting a mild/decent pop in AUD due to rate cut, GA 100+ points dump.
  • #495,464
  • Edited 4:36pm Sep 30, 2019 4:17pm | Edited 4:36pm
hey guys I didn't like the monthly closing of various currency.. maybe i'll wait for brexit for mine trade...

I'm not seeing anything good in various charts.
Take Care
Good luck for all..
  • #495,465
  • Sep 30, 2019 4:20pm Sep 30, 2019 4:20pm
Quoting asgcorp
{quote} all good sir! Yeah, gold, nice drop, looks like there's more to it. Waiting for GU to break this range. Scaled sell stops below Friday's LOD. Also RBA coming up soon. Should produce a decent trade setup after the initial reaction.
Yeah I had gold down to around 1370 but that's a long old swing trade
  • #495,466
  • Sep 30, 2019 5:27pm Sep 30, 2019 5:27pm
Attached Image (click to enlarge)
Click to Enlarge Name: gu_H4.png Size: 44 KB
  • #495,467
  • Sep 30, 2019 5:27pm Sep 30, 2019 5:27pm
MA 34 still hold the price and The cable moves sideways for a while
Attached Image (click to enlarge)
Click to Enlarge Name: B478DC92-66D9-4D30-8D07-E26C85110859.png Size: 236 KB

Attached Image (click to enlarge)
Click to Enlarge Name: FFBC5DB4-F61F-477D-9A3B-772DB5671EED.jpeg Size: 565 KB
  • #495,468
  • Sep 30, 2019 9:55pm Sep 30, 2019 9:55pm
Quoting Novice321
Any retracement entries?
Hi,

Recd your PM.

my advice :

Read www.babypips.com

Then do demo trading atleast a year. Then open live account and trade with small lots.
Intraday only.
  • #495,469
  • Edited 11:13pm Sep 30, 2019 10:14pm | Edited 11:13pm
Nothing changed.GBPUSD back on bullish route ..target 1.23800- 1.24000
  • #495,470
  • Sep 30, 2019 10:54pm Sep 30, 2019 10:54pm
Quoting navk
{quote} mine. {image}
Hi Navk, can you please share this VAP indicator, many thanks.
  • #495,471
  • Edited 11:17pm Sep 30, 2019 10:56pm | Edited 11:17pm
So nice to see usdx close over daily weekly support to very ready go above previous high, eurusd perfect but as gbp pairs previously got great double bottom support all in turmoils even they are still much higher than should be. So great tanking expecting with even random spikes up. Waiting all come in line again. Atleast daily weekly close below 2282 be enough slap for next action as trying to protect for last 4 days! Perhaps today be last effort !
Eurusd set forthe for 1.0800 support with less bumps possible. At old support though.
Attached Images
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #495,472
  • Sep 30, 2019 11:09pm Sep 30, 2019 11:09pm
USDX already over bought, GU preparing to fly
Attached Image(s) (click to enlarge)
Click to Enlarge Name: usdx.png Size: 38 KB
Click to Enlarge Name: GU_daily.png Size: 56 KB
  • #495,473
  • Oct 1, 2019 12:06am Oct 1, 2019 12:06am
I think only if a deal happens then the pound will shoot up otherwise it will happen slowly. Tough to know the direction at the moment with the politics going on as well
  • #495,474
  • Oct 1, 2019 1:16am Oct 1, 2019 1:16am
Long from yesterday didn't work out. Going to wait for a pull back and set a short trade around 1.229
  • #495,475
  • Edited 1:51am Oct 1, 2019 1:31am | Edited 1:51am
situation now,ready go apparently
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH4.png Size: 41 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #495,476
  • Oct 1, 2019 1:53am Oct 1, 2019 1:53am
1.22700 very strong support line
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GU h1.png Size: 32 KB
Click to Enlarge Name: eg h1.png Size: 42 KB
yes yes yes
  • #495,477
  • Edited 2:15am Oct 1, 2019 2:00am | Edited 2:15am
On GBPUSD 1HR charts double bottom with so many engulfing so i think it should go very high
THE TRUTH IS SIMPLE,ACCEPTING THE SIMPLICITY OF THE TRUTH IS WHAT IS HARD
  • #495,478
  • Oct 1, 2019 2:25am Oct 1, 2019 2:25am
Quoting Moty
1.22700 very strong support line {image} {image}
Very strong ?
  • #495,479
  • Oct 1, 2019 2:26am Oct 1, 2019 2:26am
Quoting DailyChart
{quote} Very strong ?
what happened to the cute chic?
Don't Leave Money on the Table
  • #495,480
  • Oct 1, 2019 2:28am Oct 1, 2019 2:28am
I think GBPUSD should start going up very soon

if my analysis is correct we should see 1.25 to 1.28 area again
if my analysis is wrong we will only have a dead cat bounce to 1.24 area before turning down again
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