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Cable Update (GBPUSD)

  • #512,261
  • Feb 19, 2020 4:05pm Feb 19, 2020 4:05pm
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yes yes yes
  • #512,262
  • Feb 19, 2020 4:14pm Feb 19, 2020 4:14pm
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  • #512,263
  • Feb 19, 2020 7:25pm Feb 19, 2020 7:25pm
Quoting Sunnyland
I`ll try to make assumption that coronavirus is the same sympthoms like a flu, such as headaches, cough, high temprature, dyspnea, sense of chest compression and etc... so I assume that from the first days of springs and temprature increases around the world the coronavirus will back off and the market will rebalance positions, just thoughts... maybe totally wrong of course.
same sympthoms ‘bear virus’ hit at Gu there..
make bull headaches,dizzy after got slap and high temprature..
ha ha..
just joking mate..
remember always wear your mask
just for a cup of coffee...
  • #512,264
  • Feb 19, 2020 7:40pm Feb 19, 2020 7:40pm
Warm weather will help stop it but much growth damage is irreversible already, show up a bit later maybe
Cable fundamental driver is EU and not having a level playing field ,major story over data

Quoting Sunnyland
I`ll try to make assumption that coronavirus is the same sympthoms like a flu, such as headaches, cough, high temprature, dyspnea, sense of chest compression and etc... so I assume that from the first days of springs and temprature increases around the world the coronavirus will back off and the market will rebalance positions, just thoughts... maybe totally wrong of course.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #512,265
  • Feb 19, 2020 7:45pm Feb 19, 2020 7:45pm
its not going to hold ,read price
if that was going to reverse then you have to wait for it on that tf ,save time ill let you know now it won't...


retail sales cannot reverse it, thats not the story ,
a breakthrough in negotiations could

Quoting Moty
Potential revarsal at 1.29041 area {image}
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #512,266
  • Feb 19, 2020 8:04pm Feb 19, 2020 8:04pm
Quoting Bones
its not going to hold ,read price if that was going to reverse then you have to wait for it on that tf ,save time ill let you know now it won't... retail sales cannot reverse it, thats not the story , a breakthrough in negotiations could {quote} {image}
G'Day Bones

Looking at your chart though you can't see it there is a short target to between 2607/2541 in order for this target to cancel then price would have to climb to 3354+

This whole thing may take months to execute and is not for the likes of me a humble day trader.
  • #512,267
  • Feb 19, 2020 8:17pm Feb 19, 2020 8:17pm
G'day
honestly it can't go there ,
the monthly tells me that right now ,big money is short ,they opened shorts on the opens


Quoting Nala66
{quote} G'Day Bones Looking at your chart though you can't see it there is a short target to between 2607/2541 in order for this target to cancel then price would have to climb to 3354+ This whole thing may take months to execute and is not for the likes of me a humble day trader.
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #512,268
  • Feb 19, 2020 8:18pm Feb 19, 2020 8:18pm
oh later yea ,gap there

Quoting Nala66
{quote} G'Day Bones Looking at your chart though you can't see it there is a short target to between 2607/2541 in order for this target to cancel then price would have to climb to 3354+ This whole thing may take months to execute and is not for the likes of me a humble day trader.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #512,269
  • Feb 19, 2020 8:23pm Feb 19, 2020 8:23pm
hang man + confirmation or even better evening star pattern ,on monthly right now ,end of month it will be red at least
lots of fundamental backing that up ,how they going to resolve no level playing field ,uk are adamant ,matter of principle
maybe later they will resolve
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #512,270
  • Feb 19, 2020 9:02pm Feb 19, 2020 9:02pm
Quoting Bones
G'day honestly it can't go there , the monthly tells me that right now ,big money is short ,they opened shorts on the opens {quote} {image}
2607 is short!!!
  • #512,271
  • Edited 10:55pm Feb 19, 2020 10:22pm | Edited 10:55pm
2900 to 2950 daily pivot, and then take on from there.

A retrace is needed to achieve ADR.

Today either 2900 to 2980/91

Or

2900 TO 2950 and then 2875.

or

2875 to 2950.

Follow lower TF chart what it wants to do at 2900, 2950. and 2875.

Clear break of 2900 is 2875. after retail sales.
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Intraday only.
  • #512,272
  • Feb 19, 2020 11:50pm Feb 19, 2020 11:50pm
same as before , waiting for confirmation 1.2871 to nearest target and next confirmation 2824 for further developments , take care
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #512,273
  • Feb 20, 2020 12:11am Feb 20, 2020 12:11am
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yes yes yes
  • #512,274
  • Feb 20, 2020 12:37am Feb 20, 2020 12:37am
Quoting fontu
same as before , waiting for confirmation 1.2871 to nearest target and next confirmation 2824 for further developments , take care {image}
TODAY RETRACE DAY. tOMORROW FRIDAY, TREND DAY.
Intraday only.
  • #512,275
  • Feb 20, 2020 12:37am Feb 20, 2020 12:37am
Quoting Bones
hang man + confirmation or even better evening star pattern ,on monthly right now ,end of month it will be red at least lots of fundamental backing that up ,how they going to resolve no level playing field ,uk are adamant ,matter of principle maybe later they will resolve
I am bearish with you but do you think GBPUSD can make a dirty move to shake the market by going up between 1.3070 to 1.3150 before dropping again to 1.28 and lower ?

I am not saying it will happened for sure but I am just talking about the possibilities
  • #512,276
  • Feb 20, 2020 12:53am Feb 20, 2020 12:53am
Quoting navk
{quote} TODAY RETRACE DAY. tOMORROW FRIDAY, TREND DAY.
timberrrrrrr
just for a cup of coffee...
  • #512,277
  • Feb 20, 2020 1:24am Feb 20, 2020 1:24am
Quoting akim0895
{quote} timberrrrrrr
frankfurt does this. London retrace to daily pivot 2959
Intraday only.
  • #512,278
  • Feb 20, 2020 1:25am Feb 20, 2020 1:25am
Quoting Lu10mg
Waiting for news to break down to s1 maybe go lower, my sl 1.3009my tp 1.2877
Cut my trade before hit my tp at 1.2890
cheers
  • #512,279
  • Feb 20, 2020 1:35am Feb 20, 2020 1:35am
touching my longterm for GBP.... and i will open for daily after london session open, to confirm the direction

simply monthly by 4ectasy https://www.forexfactory.com/showthread.php?t=980096
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  • #512,280
  • Feb 20, 2020 1:43am Feb 20, 2020 1:43am
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yes yes yes
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