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Cable Update (GBPUSD)

  • #502,041
  • Oct 31, 2019 8:05pm Oct 31, 2019 8:05pm
The bear has gone to holiday dude.... Its bull month.... ^_^
  • #502,042
  • Oct 31, 2019 8:10pm Oct 31, 2019 8:10pm
The bulls have hit their target again...now we may get some retracement
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  • #502,043
  • Oct 31, 2019 9:00pm Oct 31, 2019 9:00pm
Update
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  • #502,044
  • Oct 31, 2019 10:29pm Oct 31, 2019 10:29pm
Okay for all you bears out there, GU Daily, Gold line 100sma, turquoise line 200sma, green line 14sma and my understanding is if Daily is under 14ma then you can be fairly sure your gonna have bearish PA. Right now PA is riding 14ma up nicely.....
I'm not saying it couldn't suddenly turn around due to some news event but you have to take into account the fact for now, Brexit is on the back burner so that leaves other world events to put a dent in GU's bullish PA...
Doesn't mean you can't grab a hundred pips on a pullback thou...
Second graph with SL @ 1.2800
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Don't Leave Money on the Table
  • #502,045
  • Oct 31, 2019 10:34pm Oct 31, 2019 10:34pm
Quoting Ill-b-back
{quote} There are now 3-4 bullish tails off the TL retest, with the latest being a bullish hammer (NY time candles). Retail shorts have also shot back up to 88% (from 71%) after this little Cable jump, so bears are showing no signs of giving up yet...
Looks like another bullish wind up for today
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Come with me if you want to live....
  • #502,046
  • Edited Nov 1, 2019 12:35am Oct 31, 2019 10:54pm | Edited Nov 1, 2019 12:35am
Very risky areas in play, up and down and sudden up! Playing against very big candle for a fair correction at least, many a time may to pissed of then! Anyway weekly monthly strong bear usdx and others bull no doubt but there are enough correction space also. Monthly may to test 96.34 tl before good bounce usdx, weekly make sandwich if not correct up enough today, chances at least over 97.34 areas in daily tf presently. If so the next week may more correction possible as monthly as just starts and enough time to play. Virtually usdx weakness making all pa very unstable.
Gbpusd at top still posing dirrect bull towards 3174/3382. But all are all monthly target, weekly target it already made and logically to correct stll towards 2641,2581. Waiting for 2935 reaction, if breaks 2924 bull now/today be over and may go test 2885.me plan same as before, take 30pips as set before sl well over over 2986 or give 200pips
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #502,047
  • Oct 31, 2019 11:44pm Oct 31, 2019 11:44pm
good morning

lots of R up there but still buy signals
so

BUY 2962
trgt 20 pips

tight trail
in wondering about yourself, you forgot what you came here to be part of
  • #502,048
  • Nov 1, 2019 12:11am Nov 1, 2019 12:11am
Quoting knkie
good morning lots of R up there but still buy signals so BUY 2962 trgt 20 pips tight trail
Might target 2985 and above today!!!
  • #502,049
  • Nov 1, 2019 12:30am Nov 1, 2019 12:30am
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yes yes yes
  • #502,050
  • Nov 1, 2019 12:47am Nov 1, 2019 12:47am
My position on GBP/USD
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Goose & The Golden Eggs
  • #502,051
  • Edited 1:08am Nov 1, 2019 12:54am | Edited 1:08am
Quoting knkie
good morning lots of R up there but still buy signals so BUY 2962 trgt 20 pips tight trail
i trailed it tight and got stopped out
-4 pips

edit
and back in @ 2970

less tight this time
in wondering about yourself, you forgot what you came here to be part of
  • #502,052
  • Nov 1, 2019 1:03am Nov 1, 2019 1:03am
Quoting knkie
{quote} i trailed it tight and got stopped out -4 pips
That sucks! You would have hit your TP target otherwise.
  • #502,053
  • Nov 1, 2019 1:13am Nov 1, 2019 1:13am
Quoting avpcap
{quote} That sucks! You would have hit your TP target otherwise.
yeah it happens

this is a difficult zone.
It could turn south easily.

yesterdays high @ 1.29754
weekly highs @ 1.29897 && 1.30122
i have a strong R @ 1.29823
in wondering about yourself, you forgot what you came here to be part of
  • #502,054
  • Nov 1, 2019 1:27am Nov 1, 2019 1:27am
#GBPUSD / H4
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  • #502,055
  • Nov 1, 2019 1:44am Nov 1, 2019 1:44am
Quoting Ayax.TSS
#GBPUSD / H4 {image}
beautiful chart
in wondering about yourself, you forgot what you came here to be part of
  • #502,056
  • Nov 1, 2019 1:55am Nov 1, 2019 1:55am
short in at 1.2962
Don't trade what you think. Just what you see!!!
  • #502,057
  • Nov 1, 2019 2:07am Nov 1, 2019 2:07am
volum es ipn both eu & gu h4 are dropping fast
  • #502,058
  • Nov 1, 2019 2:10am Nov 1, 2019 2:10am
Quoting Theoak
short in at 1.2962
+ 5 pips. The charts are only given 5 pips. Taken this action offline (not to upset people) until there is some real momentum
Don't trade what you think. Just what you see!!!
  • #502,059
  • Nov 1, 2019 2:13am Nov 1, 2019 2:13am
Quoting Theoak
short in at 1.2962
Where is your SL? Higher today?
  • #502,060
  • Nov 1, 2019 2:21am Nov 1, 2019 2:21am
92% of lots short
Come with me if you want to live....
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