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Cable Update (GBPUSD)

  • #522,581
  • May 24, 2020 12:04am May 24, 2020 12:04am
Quoting msniper
{quote} hehe crazy this is which broker or service to show u this ratio ?
Could be IG by the look. Here’s something that might interest you.

https://fxssi.com/tools/current-ratio?filter=GBPUSD
Focus.
  • #522,582
  • May 24, 2020 12:26am May 24, 2020 12:26am
both in Monthly & H4 chart we found Bullish Harmonic Pattern, which indicating Long term bullish trend
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  • #522,583
  • May 24, 2020 12:54am May 24, 2020 12:54am
Resistance cable for now 122150. If not break, keep selling.
  • #522,584
  • May 24, 2020 1:36am May 24, 2020 1:36am
Quoting Xarras
both in Monthly & H4 chart we found Bullish Harmonic Pattern, which indicating Long term bullish trend {image} {image}
Possible but am big bear long term, short to medium term long presently .
Attached Image
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #522,585
  • May 24, 2020 1:51am May 24, 2020 1:51am
Quoting Wavegarrick
{quote} Hi Guys, Some top-down zoomed-in analytics. Monthly chart: Bearish with price at previous months low. {image} Weekly chart: Bearish with a weekly up attempt. {image} Daily chart giving clear bearish signals: {image} 4 Hourly chart: 1.21500 could act as a bounce point but more importantly, my ascending trendline at 1.21500 ish needs to be broken to signal further shorts for next week, All in all, bearish. {image} All the best for next week Cheers
Nice analysis Wavegarrick, I do agree with ur analysis but though there is a significant bullish engulfing on weekly pattern but still no daily confirmation.
It always seems impossible until it is done.
Annex_of_Realsoldier All Time Return: na
  • #522,586
  • May 24, 2020 3:55am May 24, 2020 3:55am
Hi guys,

I wanted to ask - what is the highest spread you’ve got on USDJPY? I have 4.7 at the moment.
Patience and Discipline.
  • #522,587
  • May 24, 2020 5:09am May 24, 2020 5:09am
Quoting Stefan90csk
Hi guys, I wanted to ask - what is the highest spread you’ve got on USDJPY? I have 4.7 at the moment.
.
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  • #522,588
  • May 24, 2020 10:15am May 24, 2020 10:15am
Quoting Xarras
both in Monthly & H4 chart we found Bullish Harmonic Pattern, which indicating Long term bullish trend {image} {image}
You have sure ?

Attached Image

Attached Image
Together we can be strongest
Vantage Return This Month: na
  • #522,589
  • May 24, 2020 10:17am May 24, 2020 10:17am
why there is no " cry " at what price GU will open ?

Probably, the GU move on Friday is not much as anticipated.
Intraday only.
  • #522,590
  • Edited 2:21pm May 24, 2020 2:02pm | Edited 2:21pm
hedging short poitions with some longs

charts were posted
nothing new
  • #522,591
  • May 24, 2020 2:11pm May 24, 2020 2:11pm
https://www.bloomberg.com/markets/currencies

GU looks to open with a gap upwards

Discipline is key
  • #522,592
  • May 24, 2020 2:12pm May 24, 2020 2:12pm
Attached Image (click to enlarge)
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my entry is 1.21822 so a gap up to 1.21810 will bring me to be
yes yes yes
  • #522,593
  • May 24, 2020 2:25pm May 24, 2020 2:25pm
Every analysis makes sense but there will be only one winner.... Bear or Bull, who knows. Time will tell. Just remember its a mind game. Happy trading this week guys.
Le$$ I$ More
  • #522,594
  • May 24, 2020 2:25pm May 24, 2020 2:25pm
Quoting thevisitor
maybe this crab will end with a 5 waver at 1.20 area.. {image}
scenario 1
  • #522,595
  • May 24, 2020 2:49pm May 24, 2020 2:49pm
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  • #522,596
  • May 24, 2020 3:00pm May 24, 2020 3:00pm
Quoting elbert3
{image}
Yeah yeah..the higher the Gap the better for bear's.
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #522,597
  • May 24, 2020 3:01pm May 24, 2020 3:01pm
Quoting Almo2312
{quote} Yeah yeah..the higher the Gap the better for bear's.
Not really, GU doesn't really care about closing gaps...some were open for weeks or months. Some will probably never close again.
Everyone can see the chart, but only a few can actually read it.
  • #522,598
  • May 24, 2020 3:04pm May 24, 2020 3:04pm
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Quoting OnlineAddict
{quote} Not really, GU doesn't really care about closing gaps...some were open for weeks or months. Some will probably never close again.
There is one in my picture .1.6500 area . Be nice to close that one .
  • #522,599
  • May 24, 2020 3:07pm May 24, 2020 3:07pm
Quoting elbert3
{image}{quote} There is one in my picture .1.6500 area . Be nice to close that one .
Anything is possible, but I hate trading gaps, to me its like superstition or trading by a horoscope.
Everyone can see the chart, but only a few can actually read it.
  • #522,600
  • May 24, 2020 3:16pm May 24, 2020 3:16pm
Quoting Moty
{image}{image} my entry is 1.21822 so a gap up to 1.21810 will bring me to be
Very good.

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Together we can be strongest
Vantage Return This Month: na
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