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Cable Update (GBPUSD)

  • #507,841
  • Jan 7, 2020 1:48pm Jan 7, 2020 1:48pm
incomplete zigzag
i am long
and maybe wrong..

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  • #507,842
  • Jan 7, 2020 2:00pm Jan 7, 2020 2:00pm
Quoting thevisitor
incomplete zigzag i am long and maybe wrong.. {image}
hey TV
just curious. I dont count waves, but how would you label the wave down just before (A) starts?
in wondering about yourself, you forgot what you came here to be part of
  • #507,843
  • Jan 7, 2020 2:36pm Jan 7, 2020 2:36pm
Quoting knkie
{quote} hey TV just curious. I dont count waves, but how would you label the wave down just before (A) starts?
hope this helps
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  • #507,844
  • Jan 7, 2020 2:38pm Jan 7, 2020 2:38pm
cable 13120 x Uj 10855= gbp jpy 1.4242

its a times calc which magnifies things
but other cross is a divide

eu 11144 / cable 13120= eurgbp .8493


Quoting krst8
can someone explain/tips how the GBPJPY pair works? In the morning it follow the GBP data linked to the dollar, in the afternoon after the us data it went its own way as USDJPY dropped. Basically dont get the connection of USDJPY to GBPJPY and the correlation can vary alot!? but when USD JPY many days drop still the GBP JPY goes upp?!?!
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #507,845
  • Jan 7, 2020 2:51pm Jan 7, 2020 2:51pm
Quoting Bones
cable 13120 x Uj 10855= gbp jpy 1.4242 its a times calc which magnifies things but other cross is a divide eu 11144 / cable 13120= eurgbp .8493 {quote}
many thanks! ok.. still not sure that so great to trade together... need to look into more :-)
  • #507,846
  • Jan 7, 2020 3:09pm Jan 7, 2020 3:09pm
since your times UJ then Uj moving will move gbpjpy further

Quoting krst8
{quote} many thanks! ok.. still not sure that so great to trade together... need to look into more :-)
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #507,847
  • Jan 7, 2020 10:25pm Jan 7, 2020 10:25pm
knock..knock..
anybody home..?
just for a cup of coffee...
  • #507,848
  • Jan 7, 2020 10:45pm Jan 7, 2020 10:45pm
there is buy when London opens today.
Intraday only.
  • #507,849
  • Jan 7, 2020 10:56pm Jan 7, 2020 10:56pm
or it might go down to 3070
Intraday only.
  • #507,850
  • Jan 7, 2020 10:56pm Jan 7, 2020 10:56pm
better wait for 3070 and buy
Intraday only.
  • #507,851
  • Jan 7, 2020 10:58pm Jan 7, 2020 10:58pm
akim, what is your take on GU today?
Intraday only.
  • #507,852
  • Jan 7, 2020 10:59pm Jan 7, 2020 10:59pm
Quoting navk
akim, what is your take on GU today?
i’m still at bear side bud
hope to see below 3080 or lower..
just for a cup of coffee...
  • #507,853
  • Jan 7, 2020 11:51pm Jan 7, 2020 11:51pm
Time to beat on a sin,
a few weeks ago I brought up analyse
that the pound will go down to abc corection and then I go against that anyway,
and even so I didn't take a profit at daily r1 yesterday and instead I went to a loss.
Lucky for me going out on time and getting into a short
today i am not being greedy.
tp at daily s1 even that i am short that it will drop hard.
are you redy for the drop ?
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yes yes yes
  • #507,854
  • Jan 8, 2020 12:10am Jan 8, 2020 12:10am
back to 1.32
  • #507,855
  • Jan 8, 2020 12:11am Jan 8, 2020 12:11am
survive with bloody blood
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  • #507,856
  • Jan 8, 2020 12:18am Jan 8, 2020 12:18am
The bulls are tops for now. The bullish RSI divergence on M15 is doing its job
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  • #507,857
  • Jan 8, 2020 12:22am Jan 8, 2020 12:22am
Quoting zoolc
survive with bloody blood {image}
you will end in profit..
  • #507,858
  • Jan 8, 2020 12:29am Jan 8, 2020 12:29am
Quoting zoolc
survive with bloody blood {image}
nice one bud..
im still holding long since 28 dec last year..
hope can touch 1.34xx asap
  • #507,859
  • Jan 8, 2020 12:30am Jan 8, 2020 12:30am
i see hidden bear sign .....
  • #507,860
  • Jan 8, 2020 12:32am Jan 8, 2020 12:32am
A break above the 1.31400 area is key. Otherwise you may expect a sideways or bearish behaviour of price action.

Trade safe and prosper.

KP

Quoting Bydyke
The bulls are tops for now. The bullish RSI divergence on M15 is doing its job {image}
Do your homework, follow the footprints of smart money
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