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Cable Update (GBPUSD)

  • #526,481
  • Jun 9, 2020 9:54am Jun 9, 2020 9:54am
Most likely
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Le$$ I$ More
  • #526,482
  • Jun 9, 2020 9:58am Jun 9, 2020 9:58am
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yes yes yes
  • #526,483
  • Jun 9, 2020 9:58am Jun 9, 2020 9:58am
Quoting Almo2312
daily close above the upper red line will take cable higher as i wrote last week its all about how you develop and do your homework cheers{image}


Can I ask what indicator is this?
Great trading day for you mate.
  • #526,484
  • Jun 9, 2020 10:01am Jun 9, 2020 10:01am
Quoting Forex.z1
{quote} Can I ask what indicator is this? Great trading day for you mate.
simple MACD i only use that
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #526,485
  • Jun 9, 2020 10:02am Jun 9, 2020 10:02am
Well since everyone is willy waving, I may as well join in.

One and only new trade in GU today - closed at 1.2725. Waiting to see if it reaches 1.2735/37 for a possible reversal.

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  • #526,486
  • Jun 9, 2020 10:09am Jun 9, 2020 10:09am
Quoting Moty
{image}
buddy,hourly closed above your bands..
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #526,487
  • Jun 9, 2020 10:13am Jun 9, 2020 10:13am
Quoting joesherwood
see what occurs at 273, been hit multiple times past couple days {image}
if you zoom out you see the reason, strong overhead R
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  • #526,488
  • Jun 9, 2020 10:19am Jun 9, 2020 10:19am
It looks like it has the legs to touch/break 1.2740.
  • #526,489
  • Jun 9, 2020 10:28am Jun 9, 2020 10:28am
Quoting Moty
{image}
Moty this your indicator is supergood trend following why always go against it.. All you need to do is trade the first breakout after pullback and trail it... Please what is the name of it, I just might ditch my MAs for it... Share if you can
  • #526,490
  • Jun 9, 2020 10:33am Jun 9, 2020 10:33am
Quoting Mitiblotch
{quote} One thing I will never do is to go against trend and fibs. Price broke the 61.8% fib retracement of the last down move. So the next target is the 78.6% which sits roughly around 2820. So let's get there first and see how price reacts. No shorts.
I am not touching my buy trade until TP at 2820. All that fall was a lie. The fib wins!
  • #526,491
  • Jun 9, 2020 10:34am Jun 9, 2020 10:34am
Quoting ongtrumvn99
Today I have won the market. tomorrow will be the same.
You didn't 'won the market' you BEAT THE MARKET!
Good luck for tomorrow
used to be undecided but nowadays can't make my mind up
  • #526,492
  • Jun 9, 2020 10:40am Jun 9, 2020 10:40am
Quoting thatguy22
Please consider taking a look at my analysis. GBP/USD starts at 8:05. I upload weekly analysis every Sunday and daily analysis from TUE to FRI. https://www.youtube.com/watch?v=Ih6L3fzXoQk
GBP/USD approaching 161.8 extension on 15M chart, I will take a short position for possible downside continuation, SL ~20 pips
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  • #526,493
  • Jun 9, 2020 10:44am Jun 9, 2020 10:44am
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yes yes yes
  • #526,494
  • Jun 9, 2020 10:48am Jun 9, 2020 10:48am
Short 2739 SL 2762
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #526,495
  • Jun 9, 2020 10:49am Jun 9, 2020 10:49am
Quoting YahiaBrown
I'm still holding my buys Guys ,, GBP is under value remember that
I told ya guys ,,
Target .. 128000
  • #526,496
  • Jun 9, 2020 10:52am Jun 9, 2020 10:52am
Quoting YahiaBrown
{quote} I told ya guys ,, Target .. 128000
Patiently waiting. At least 2755 should be spiked out.
  • #526,497
  • Jun 9, 2020 10:54am Jun 9, 2020 10:54am
Quoting Siame
{quote} {quote} A 4hr close below previous Day's Low will help my Bearish Bias. Back at 1.26800 continues Bullish.
9 straight Days Bullish Candles.
Back above open. More short squeezes coming. Probably 1.28000 next.
  • #526,498
  • Jun 9, 2020 10:56am Jun 9, 2020 10:56am
Quoting avpcap
Well since everyone is willy waving, I may as well join in. One and only new trade in GU today - closed at 1.2725. Waiting to see if it reaches 1.2735/37 for a possible reversal.
i got my resistance here as well. h1 TF closing under 27335. i would normally expect at least a bear 1h candle after this
  • #526,499
  • Jun 9, 2020 10:57am Jun 9, 2020 10:57am
Quoting Mitiblotch
{quote} Patiently waiting. At least 2755 should be spiked out.
Be careful EG is pushing down which will lag GU by 3 -5 days 8814 is the target when it hit GU will swing down. We are in day 2.
  • #526,500
  • Jun 9, 2020 11:01am Jun 9, 2020 11:01am
Quoting Siame
{quote} Still Neutral here, waiting for direction. {image}
BUYing into the close 1.27282
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