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Cable Update (GBPUSD)

  • #503,561
  • Nov 14, 2019 8:05am Nov 14, 2019 8:05am
It is not the time to say bull attempt have failed with only 2866 capacity after good signal at 2853! posing down but may try last to protect 2824 at 2826. so watching , failure protect may test for 28.8 limit , success may try bounce again towards previous top 2886!
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 44 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #503,562
  • Nov 14, 2019 8:14am Nov 14, 2019 8:14am
planning for a vacation, for next whole week.

Long trip. Making flight bookings, hotel bookings etc.

Do not want to miss my trip to India before going back to Canada.

Nice weather now.
Intraday only.
  • #503,563
  • Nov 14, 2019 8:14am Nov 14, 2019 8:14am
Quoting asgcorp
{quote} It's possible that I'm wrong. (I hate over promising and under delivering.) Zoomed out to daily, and it's looking fugly (nasty compression). details - see chart. {image}
I was wondering what was so obvious to you that it wanted to go up. You never did say!
  • #503,564
  • Nov 14, 2019 8:21am Nov 14, 2019 8:21am
Quoting Nala66
Now entering the third day of this range and we are still smack in the middle of it. Anyone trading this is just guessing or scalping the range. {image}
Still smack in the middle of the range...
Attached Image (click to enlarge)
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  • #503,565
  • Nov 14, 2019 8:41am Nov 14, 2019 8:41am
@Nala check this out...short term setup
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GU 11.14.30M.b.png Size: 81 KB
Click to Enlarge Name: GU 11.14.5M.png Size: 55 KB
Always trade your own plan...I don't provide trading signals.
  • #503,566
  • Nov 14, 2019 8:48am Nov 14, 2019 8:48am
My view
Attached Image (click to enlarge)
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  • #503,567
  • Edited 9:30am Nov 14, 2019 9:01am | Edited 9:30am
sitting idle , so looking the chart of gbp pairs , last leg up crazy as just corrective & not in impulse and the crazy still not correct enough to go target ,apparently big scammers invested huge with brexit .may need little time to heal ! correct enough to up target if possible .crazy can do with brexit or any other but should be very short lived & huge bear likely start then .

so more correction in probable channel bottom & below expecting before the further up!! sologically in gj price test 138.55/138 & tank below 135.38 to bounce next while gbpusd 2770/44/07 and tank below 2515 as likely bounce. similarly in gbpchf , test 1.2639 , breaks down below 1.2462 to bounce possible .
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDDaily.png Size: 36 KB
Click to Enlarge Name: GBPJPYH4.png Size: 32 KB
Click to Enlarge Name: GBPCHFDaily.png Size: 33 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #503,568
  • Nov 14, 2019 9:38am Nov 14, 2019 9:38am
What is it waiting for to move any direction for 3 days range is 70 pips in a day which can move 100 pips in a minute zzzzzz
  • #503,569
  • Nov 14, 2019 9:44am Nov 14, 2019 9:44am
Quoting Nala66
{quote} I was wondering what was so obvious to you that it wanted to go up. You never did say!
price sitting on weekly balance (H4/D1).
  • #503,570
  • Nov 14, 2019 9:52am Nov 14, 2019 9:52am
Attached Image (click to enlarge)
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yes yes yes
  • #503,571
  • Nov 14, 2019 9:56am Nov 14, 2019 9:56am
Quoting Moty
{image}
take it from me.

Not today.

It will continue to chop today.
Intraday only.
  • #503,572
  • Nov 14, 2019 9:59am Nov 14, 2019 9:59am
I shall short after 12 am EST
Intraday only.
  • #503,573
  • Nov 14, 2019 10:21am Nov 14, 2019 10:21am
@Moty please pay attention to 200% ext of YDR...
Attached Image (click to enlarge)
Click to Enlarge Name: GU 11.14.30M.c.png Size: 89 KB
Always trade your own plan...I don't provide trading signals.
  • #503,574
  • Nov 14, 2019 10:23am Nov 14, 2019 10:23am
something happened lately / news ?perhaps negative crude oil inventories nothing else !they all jumped & usdx tank , ok to do in the range of top extension. waiting settle to active then .pending sitting over 2884 though from before
Attached Image
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #503,575
  • Nov 14, 2019 10:31am Nov 14, 2019 10:31am
Quoting navk
{quote} take it from me. Not today. It will continue to chop today.
Ohhhh

Moty knew something was coming it seems haha
I play the trade gamble to feed my Porsche addiction.
  • #503,576
  • Nov 14, 2019 10:34am Nov 14, 2019 10:34am
patience pays off..

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  • #503,577
  • Nov 14, 2019 10:38am Nov 14, 2019 10:38am
Quoting M3csl
{quote} Ohhhh Moty knew something was coming it seems haha
I usually do not care levels.

But fely today is choppy.... anyways, my time after 12 noon EST

lol
Intraday only.
  • #503,578
  • Nov 14, 2019 10:40am Nov 14, 2019 10:40am
Quoting thevisitor
patience pays off.. {image}

Congrats,

i had it right the first time, then i changed my mind went short , exited when i realised i was right the first time, lol, then went long,

If this is wave 5 daily then expect a top around 1,3173
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 32 KB
Follow The Markets Structure - Patience and Discipline
  • #503,579
  • Nov 14, 2019 10:44am Nov 14, 2019 10:44am
IM long too target 2930 fibo 78.6
  • #503,580
  • Nov 14, 2019 10:45am Nov 14, 2019 10:45am
IMHO this is a lower high, not even due to pound strength (check dollar index).
If this goes up, however, My sl will be hit and I will enter a buy as soon as seen fit!
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