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Cable Update (GBPUSD)

  • #505,641
  • Dec 9, 2019 11:26am Dec 9, 2019 11:26am
Quoting ILovePizza
{quote} I think any further upside on the hopes of good news coming out of UK elections will be limited and there is a very strong resistance at 1.31722.
election or another news, I don't know .. but I still have the idea that Eg can rise at any moment... Time will tell...

so for now I'm not doing anything.
  • #505,642
  • Dec 9, 2019 2:03pm Dec 9, 2019 2:03pm
Quoting Brixton
{quote} That level has been tested a few time already and not seen much of a downside reaction. I expect us to be above there tomorrow/Wednesday
Please help me about gold what will be the Weekly running price
  • #505,643
  • Dec 9, 2019 2:19pm Dec 9, 2019 2:19pm
Quoting Dr.Zain
If the pair closes above 3010 resistance, it may Rally to 3175 imho!!!
Written on 5th of December!!!
  • #505,644
  • Dec 9, 2019 2:46pm Dec 9, 2019 2:46pm
Quoting Dr.Zain
{quote} Written on 5th of December!!!
Nice.
  • #505,645
  • Dec 9, 2019 3:11pm Dec 9, 2019 3:11pm
Quoting Moty
{quote} I am depending on the ressistence at 1.31749
Thanks for reply!
  • #505,646
  • Dec 9, 2019 3:42pm Dec 9, 2019 3:42pm
Attached Image (click to enlarge)
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Attached Image (click to enlarge)
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yes yes yes
  • #505,647
  • Dec 9, 2019 3:59pm Dec 9, 2019 3:59pm
Quoting Moty
{image}{image}
thats very true, time to short
  • #505,648
  • Dec 9, 2019 4:01pm Dec 9, 2019 4:01pm
Quoting Moty
{image}{image}
Do you think that pull back to 1.29-30 area will be happen before election?
  • #505,649
  • Dec 9, 2019 5:37pm Dec 9, 2019 5:37pm
RSI an stochastis Made divergance on H4.
Attached Image (click to enlarge)
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  • #505,650
  • Dec 9, 2019 6:19pm Dec 9, 2019 6:19pm
Quoting b_hand
RSI an stochastis Made divergance on H4.{image}
This doesn't make sense. You are comparing the highs of price to the closes of the Stochs.

If you compare both as closes then you have no divergence.

If you are comparing the highs from each you need the historical high of the stochs (which you don't have) to make such a comparison.

Also there was no divergence on the RSI.
  • #505,651
  • Dec 9, 2019 6:39pm Dec 9, 2019 6:39pm
Quoting Nala66
{quote} This doesn't make sense. You are comparing the highs of price to the closes of the Stochs. If you compare both as closes then you have no divergence. If you are comparing the highs from each you need the historical high of the stochs (which you don't have) to make such a comparison. Also there was no divergence on the RSI.
Why not? Daily closed below 316x thats Mean false breakout for me. Daily candle was Made pinbar so the next is bear candle. Take a look another pair such EG. Daily closed above fibo 261.8
.
Attached Image (click to enlarge)
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  • #505,652
  • Dec 9, 2019 6:41pm Dec 9, 2019 6:41pm
Im short for GU till the ellection come to us.
  • #505,653
  • Dec 9, 2019 8:40pm Dec 9, 2019 8:40pm
This week 33500 up or 28000 down
Attached Image
  • #505,654
  • Dec 9, 2019 10:18pm Dec 9, 2019 10:18pm
Checking usdx as minimum correction down already done, may do little more also but the maximum correction not done yet. So more to bull than bear needed before decision.
Gbpusd also play follow similar pa, less bull than more bear probable. take care
Attached Images
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #505,655
  • Dec 9, 2019 11:11pm Dec 9, 2019 11:11pm
Quoting Arshamv
{quote} Do you think that pull back to 1.29-30 area will be happen before election?
1.29 no.... 1.30 yesss.... ^_^
  • #505,656
  • Dec 10, 2019 1:08am Dec 10, 2019 1:08am
Quoting b_hand
Im short for GU till the ellection come to us.
When will it going to happens??
Never follow/blame others,Patience is the key skill for Succesfull trading.
  • #505,657
  • Dec 10, 2019 1:30am Dec 10, 2019 1:30am
so still waiting play towards 3170 before correct next leg down probably ! off on on mode play continues
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH4.png Size: 42 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #505,658
  • Dec 10, 2019 1:33am Dec 10, 2019 1:33am
ok here i found this

https://www.vox.com/world/2019/12/9/...johnson-corbyn
Never follow/blame others,Patience is the key skill for Succesfull trading.
  • #505,659
  • Dec 10, 2019 1:57am Dec 10, 2019 1:57am
The down is coming to town....^_^
  • #505,660
  • Dec 10, 2019 2:07am Dec 10, 2019 2:07am
hello
Sell 3139
29 pip target

support @ 3109
if it falls thru that i think the bears are back.
price could also hold there and then go into ranging formation until elections.
in wondering about yourself, you forgot what you came here to be part of
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