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Cable Update (GBPUSD)

  • #512,601
  • Feb 26, 2020 5:15am Feb 26, 2020 5:15am
you're in 15min tf /4hr ?,forecasting over distance ,
your time clock is out to what I've said
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #512,602
  • Feb 26, 2020 5:17am Feb 26, 2020 5:17am
Quoting fontu
waiting start for more correction up , 2963/46/32 ok test down to up with eurusd & down usdx {image} {image}
So it reached below level of interest /bounce and usdx though trying hard to change the history may not success long time, so more ranges up gbpusd possible, waiting action soon.
No logical other than extension up. Eurusd for next target 0920 gbpusd 3068.lets see, risky though.
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #512,603
  • Edited 7:43am Feb 26, 2020 5:30am | Edited 7:43am
it can make a third leg assuming its 3 drive up to major sell area ,only it takes 2 days
guess its possible 3 drive=bearish pattern to major level and tl on weekly
my preference is it's too tight for monthly and bad for my options
if it did I would open new position
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #512,604
  • Feb 26, 2020 5:40am Feb 26, 2020 5:40am
I don't think the daily can recover ,
trouble is its consolidation
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #512,605
  • Feb 26, 2020 5:40am Feb 26, 2020 5:40am
Quoting Bones
yea im saying its bearish high htfs ,no point in posting if market isn't clear it has to drag the noobs somehow I have put options I brought last week so when it gets clearer im back with charts in real time ,but I still have some charts very high tf I already said I will update ,thats later {quote}
The weekly is bearish, but it is in a bullish retrace, but you won’t see that as your FIB levels are wrong... over the next month you will see that.

Cheers
Guz
Charts don't drive price, market conditions drive price...
  • #512,606
  • Feb 26, 2020 5:43am Feb 26, 2020 5:43am
London is done now we have to wait until new york ope,n it may get it more down before new york opening and after the correction
just i trust the 4 hour candle the closed 4 hour with support 3 is indication of bearish but there is also chance of bounce
back to 1.280 area total confusing now a day's i am only watching close i dont trade until i see a clear direction of 1/1
or 1/2 - the next 4 hour candle is pivot is 1.260 and first resistance 1.280 we may touch the pivot and 1st resistance
on a 4 hour candle any below is good buy opportunity i think but not really sure - the 3rd leg may come out from
these areas if its going to happen - just got 200 from scalping - thanks trade care fully
To Win You Must Loss Something ...
  • #512,607
  • Feb 26, 2020 5:46am Feb 26, 2020 5:46am
retrace long
buy 2940
in wondering about yourself, you forgot what you came here to be part of
  • #512,608
  • Feb 26, 2020 5:47am Feb 26, 2020 5:47am
sorry guys 1.2980 ! lol
To Win You Must Loss Something ...
  • #512,609
  • Feb 26, 2020 5:48am Feb 26, 2020 5:48am
hypothesis1
patience...
liquidity = price magnet
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At its best, change itself becomes a lifestyle.
  • #512,610
  • Feb 26, 2020 6:18am Feb 26, 2020 6:18am
Quoting stirmatt
Oh! So sweet imaginary work No trader I know make profit daily except on Excel Spread Sheet. He could as ever lose $20k a month. Almost every dangerous traders I know here has either closed shop or readjust their risk. {quote}
I withdrew the original long ago and regularly withdraw profit. I hardly post anything to Forex factory and not here to prove something, go and checkout DavidT Pivot guy withdrawals.

And You have NAVK among you guys. Watch his moves and profit he makes then you will understand what I am saying. NAVK is not faking

Good luck
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  • #512,611
  • Feb 26, 2020 6:21am Feb 26, 2020 6:21am
Inserted Video
  • #512,612
  • Feb 26, 2020 6:23am Feb 26, 2020 6:23am
Quoting Bones
I don't think the daily can recover , trouble is its consolidation {image}
for a midterm long term view what would u choose out of these 2 scenarios
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  • #512,613
  • Feb 26, 2020 6:33am Feb 26, 2020 6:33am
The TLs are very much in play. The upper trend line is respected. The question is if the lower TL holds.
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  • #512,614
  • Feb 26, 2020 6:37am Feb 26, 2020 6:37am
GBPUSD has been playing out exactly how I predicted. I have added to my short position. I have analysed it further here:

Inserted Video
Technical Analyst & Trader @ Vikinsa
  • #512,615
  • Feb 26, 2020 6:56am Feb 26, 2020 6:56am
should retrace close to 2940/50 for fresh sell.

I see only sell from here to this week.

Long seems over for this week.
Intraday only.
  • #512,616
  • Feb 26, 2020 6:57am Feb 26, 2020 6:57am
Quoting fareed51
{quote} I withdrew the original long ago and regularly withdraw profit. I hardly post anything to Forex factory and not here to prove something, go and checkout DavidT Pivot guy withdrawals. And You have NAVK among you guys. Watch his moves and profit he makes then you will understand what I am saying. NAVK is not faking Good luck {image}
well, I do not fake, yes. But today is not a good day. I have longs which I plan to close after retrace, with loss
Intraday only.
  • #512,617
  • Feb 26, 2020 6:58am Feb 26, 2020 6:58am
Quoting navk
should retrace close to 2940/50 for fresh sell. I see only sell from here to this week. Long seems over for this week.

Welcome to the sell side
Follow The Markets Structure - Patience and Discipline
  • #512,618
  • Feb 26, 2020 7:04am Feb 26, 2020 7:04am
Quoting navk
{quote} well, I do not fake, yes. But today is not a good day. I have longs which I plan to close after retrace, with loss
I got stopped -10 from 1.2972 but managed to short from 1.2950 to 1.2920......
Lost....
  • #512,619
  • Feb 26, 2020 7:08am Feb 26, 2020 7:08am
Quoting gespiri
{quote} I got stopped -10 from 1.2972 but managed to short from 1.2950 to 1.2920......

Another one welcome to the sell side
Follow The Markets Structure - Patience and Discipline
  • #512,620
  • Feb 26, 2020 7:23am Feb 26, 2020 7:23am
Quoting olderekg
hypothesis1 patience... liquidity = price magnet {image} {image} {image}
best chart analysis I have seen in here.
over an hour old and mine is the first like
You have very useful skills for this thread
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