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Cable Update (GBPUSD)

  • #509,081
  • Jan 19, 2020 1:42pm Jan 19, 2020 1:42pm
Attached Image

View hasn't changed from the market i guess, unless there are big surprises coming
COT: The precious data ignored
  • #509,082
  • Jan 19, 2020 1:59pm Jan 19, 2020 1:59pm
Here's my take on the GBPUSD, from a technical perspective. Recent price action on the H4 time frame is within a falling channel (magenta). It is disposed southwards from the channel resistance trendline and now located at the 1.30110 horizontal support area. This is also the location of the support trendline (blue) of a symmetical triangle seen on the daily time frame. We should note that the support trendline has seen several onslaughts of bearish pressure and its breakdown is imminent.

I may be wrong. Trade safe and prosper.

KP


Attached Image (click to enlarge)
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Do your homework, follow the footprints of smart money
  • #509,083
  • Jan 19, 2020 2:05pm Jan 19, 2020 2:05pm
hourly says down, daily says up
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yes yes yes
  • #509,084
  • Jan 19, 2020 3:43pm Jan 19, 2020 3:43pm
Quoting Not-KPMG
{quote} You Elliotts crack me up.

As if the thievin lying banksters care about your waves . Stops at 2970.

Boom. Target . Done
And again.

Pound is the easiest game in Forex.

Lies, front-running news, lies, stops...


65% long ....
Do i sell
Beware of robber banks (RB), bad advisors.
  • #509,085
  • Jan 19, 2020 4:05pm Jan 19, 2020 4:05pm
Gap filled probably gonna go up a little bit more... before any action..
Extreme gut feeling trader
  • #509,086
  • Jan 19, 2020 4:20pm Jan 19, 2020 4:20pm
Quoting Not-KPMG
{quote} And again. Pound is the easiest game in Forex. Lies, front-running news, lies, stops... 65% long .... Do i sell
which service u use to look up the ratio ? the free one or the paid one ? FXSSI ?

cause every broker will have different ratio
  • #509,087
  • Jan 19, 2020 9:04pm Jan 19, 2020 9:04pm
Another new trading week...

Gap filled - let's see whether Cable is keep climbing north or heading to the south part~
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  • #509,088
  • Jan 19, 2020 9:50pm Jan 19, 2020 9:50pm
Morning peeps, another trading week!

GU looks like it wants to go south to me, so I am entering a short position here, so I am gonna enter a short position here, will see what happens.
  • #509,089
  • Jan 19, 2020 10:43pm Jan 19, 2020 10:43pm
Attached Image (click to enlarge)
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Attached Image (click to enlarge)
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yes yes yes
  • #509,090
  • Jan 19, 2020 10:49pm Jan 19, 2020 10:49pm
fill gap or not ( should do soon ) waiting breaks and hold 2987 for 2953 test
Attached Image (click to enlarge)
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #509,091
  • Jan 19, 2020 11:04pm Jan 19, 2020 11:04pm
Quoting fontu
fill gap or not ( should do soon ) waiting breaks and hold 2987 for 2953 test {image}
IMO, there is retrace first. 2985 is Asia low, that is all
Intraday only.
  • #509,092
  • Jan 19, 2020 11:24pm Jan 19, 2020 11:24pm
Quoting fontu
fill gap or not ( should do soon ) waiting breaks and hold 2987 for 2953 test {image}
if get there will be very juicy
just for a cup of coffee...
  • #509,093
  • Jan 19, 2020 11:25pm Jan 19, 2020 11:25pm
Quoting fontu
fill gap or not ( should do soon ) waiting breaks and hold 2987 for 2953 test {image}
Did you have idea after going down may reach 2920. .. then it will go up again ?or not according to your views
Thx
  • #509,094
  • Jan 19, 2020 11:28pm Jan 19, 2020 11:28pm
morning
i scalped 20 pips south this morning

2983 support
waiting for the pullback
in wondering about yourself, you forgot what you came here to be part of
  • #509,095
  • Jan 19, 2020 11:33pm Jan 19, 2020 11:33pm
Quoting knkie
morning i scalped 20 pips south this morning 2983 support waiting for the pullback
knock..knock..
slowly bears knocking the door..
just for a cup of coffee...
  • #509,096
  • Jan 19, 2020 11:38pm Jan 19, 2020 11:38pm
Quoting forexer11
{quote} Did you have idea after going down may reach 2920. .. then it will go up again ?or not according to your views Thx
actually 2909 should be the ideal level of interest but look below 2953( typical good reaction 2967) enter the zone of trader trap zone , that is risky but will do with sl/ ts for sure .Take care
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #509,097
  • Jan 19, 2020 11:48pm Jan 19, 2020 11:48pm
Quoting fontu
{quote} actually 2909 should be the ideal level of interest but look below 2953( typical good reaction 2967) enter the zone of trader trap zone , that is risky but will do with sl/ ts for sure .Take care
Thx.... Actually I'm hedging... I m trying to to loss all positions ...
If went down below my short price 2968.. mostly i will sl on be..
Will see n Allah bless u ... Green week 2all
  • #509,098
  • Jan 19, 2020 11:52pm Jan 19, 2020 11:52pm
Cable has been so weak this morning but it looks as if London is coming to its rescue
  • #509,099
  • Jan 20, 2020 12:01am Jan 20, 2020 12:01am
Quoting Bydyke
Cable has been so weak this morning but it looks as if London is coming to its rescue
USD in neutral

AUD & EUR relatively strong

GBP by far the weakest currency, mainly due to that gap down this weeks-start so that can flip easily
Attached Image
in wondering about yourself, you forgot what you came here to be part of
  • #509,100
  • Jan 20, 2020 12:03am Jan 20, 2020 12:03am
Quoting Bydyke
Cable has been so weak this morning but it looks as if London is coming to its rescue
yes, i took long 2973 is my stop. final try.

If not only in NY
Intraday only.
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