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Cable Update (GBPUSD)

  • #500,041
  • Oct 21, 2019 9:51pm Oct 21, 2019 9:51pm
Quoting Bones
{image}
  • #500,042
  • Edited 10:05pm Oct 21, 2019 9:51pm | Edited 10:05pm
Quoting navk
the PA is ready for a pull back today. It suggests that 3013 may not break until retrace is done.
Agreed Mr Navk,

The reversal point was reached at yesterday's high, and the weekly chart still has a very strong bullishness about it,
So IMHO we should be trading shorts for the next few days, and or the retracement should reach the 38.2 fib area being the level at 1.27014.

EDIT NEWS NOTWITHSTANDING OF COURSE, JUST PURE T/A
  • #500,043
  • Oct 21, 2019 9:53pm Oct 21, 2019 9:53pm
Quoting Oc6oph
{quote} I think this is a GBP thread
So what. You dont like it dont look at it
still doing ninja shit
  • #500,044
  • Oct 21, 2019 10:01pm Oct 21, 2019 10:01pm
Quoting navk
the PA is ready for a pull back today. It suggests that 3013 may not break until retrace is done.
Or the 1.30 will be broken if there's a deal
  • #500,045
  • Oct 21, 2019 10:05pm Oct 21, 2019 10:05pm
Quoting p1rate
{quote} So what. You dont like it dont look at it
Hey, no. You're posting EUR.
  • #500,046
  • Oct 21, 2019 10:09pm Oct 21, 2019 10:09pm
Quoting andrern2000
{quote} Hey, no. You're posting EUR.
I don’t think he understands maybe he can’t read probably needs a book and a belt lol
ex nihilo
  • #500,047
  • Oct 21, 2019 10:11pm Oct 21, 2019 10:11pm
Quoting andrern2000
{quote} Or the 1.30 will be broken if there's a deal
anything can happen anytime in the market.

Have stop in place and protect your account.
Intraday only.
  • #500,048
  • Oct 21, 2019 10:16pm Oct 21, 2019 10:16pm
Quoting navk
{quote} anything can happen anytime in the market. Have stop in place and protect your account.
h4 14 sma has held for 2 weeks now ; tough nut
  • #500,049
  • Edited 11:16pm Oct 21, 2019 10:53pm | Edited 11:16pm
tough but still as no option left for correction price readying for a brief space walk! will watch 2948 breaks and hold may for 2840 test if !n otherway 2948 & 20 for bull start for now and 2838 and 2752 next !!
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDDaily.png Size: 31 KB
Click to Enlarge Name: GBPUSDM5.png Size: 35 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #500,050
  • Oct 21, 2019 10:54pm Oct 21, 2019 10:54pm
Quoting Dingoman-two
{quote} {file} {file} {file}
how to use it?
  • #500,051
  • Oct 21, 2019 10:59pm Oct 21, 2019 10:59pm
What I see in GBPUSD these days look like a CB intervention. Just a theory maybe I’m wrong!
  • #500,052
  • Oct 21, 2019 11:02pm Oct 21, 2019 11:02pm
Quoting umbrella man
What I see in GBPUSD these days look like a CB intervention. Just a theory maybe I’m wrong!
What is CB intervention
ex nihilo
  • #500,053
  • Oct 21, 2019 11:07pm Oct 21, 2019 11:07pm
Quoting Oc6oph
{quote} What is CB intervention
central bank intv
"If you run, you'll only die tired." - Sniper's philosophy
  • #500,054
  • Oct 21, 2019 11:11pm Oct 21, 2019 11:11pm
Quoting tomiko
{quote} central bank intv
I think you right
ex nihilo
  • #500,055
  • Oct 21, 2019 11:12pm Oct 21, 2019 11:12pm
Closed short +8 pips. So today I have +13 pips

I think I'm done for today. Waiting for the vote
  • #500,056
  • Oct 21, 2019 11:38pm Oct 21, 2019 11:38pm
Quoting andrern2000
{quote} Or the 1.30 will be broken if there's a deal
guys the vote today is only a vote to approve the bill to bring in law to do the allow the vote to do the deal.

Some MPS are whining that three days is not enough time to review and approve a bill of this magnitude.

its 50/50

lets look at charts... I posted the supply coming in yesterday and so far the top of the supply bar yesterday has not been taken out .... so for me no trades on gbp today , will be focused on dax which gapped in Asia , which is nearly always a trap move . Dow spiked more in Asia than it moved in all of US yesterday for no apparent reason .... other than manipulation so indices more of interest to me today . The vote is 7pm Uk time
Blogging daily now at www.volume.zone
  • #500,057
  • Oct 21, 2019 11:39pm Oct 21, 2019 11:39pm
Quoting malcolmb14
{quote} guys the vote today is only a vote to approve the bill to bring in law to do the allow the vote to do the deal. Some MPS are whining that three days is not enough time to review and approve a bill of this magnitude. its 50/50 lets look at charts... I posted the supply coming in yesterday and so far the top of the supply bar yesterday has not been taken out .... so for me no trades on gbp today , will be focused on dax which gapped in Asia , which is nearly always a trap move . Dow spiked more in Asia than it moved in all of US yesterday...
30 min is rolling over as i speak .. sells in play for retrace
Blogging daily now at www.volume.zone
  • #500,058
  • Oct 21, 2019 11:44pm Oct 21, 2019 11:44pm
on h1 same verdict as on weekly
Attached Image
  • #500,059
  • Oct 21, 2019 11:51pm Oct 21, 2019 11:51pm
Quoting Tekin
{quote} bought it from 1.29687 sl 1.2940 tp is 1.3130 lets see nothing is certain according to m15 fibo
position is in danger look like 1.2898 is more realistic time will show
  • #500,060
  • Oct 21, 2019 11:52pm Oct 21, 2019 11:52pm
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDWeekly.png Size: 29 KB
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Tikk
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