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Cable Update (GBPUSD)

  • #527,481
  • Jun 12, 2020 8:20am Jun 12, 2020 8:20am
Quoting adc
{quote} Still watching and waiting for short opps. Apols previous post should have stated weekly pivot as displayed, not monthly pivot. Coffee has now restored sanity. Watching current activity off daily pivot. Rgds, Angus
OK grabbed a few pips down from daily to weekly pivot where we are now. My view is that it may retrace to 1.26 before moving down again hence closing position for the moment. Rgds, Angus
  • #527,482
  • Jun 12, 2020 8:24am Jun 12, 2020 8:24am
Quoting Bones
Hi S what happens at after c ? {quote}
I’d wait and look at the bigger picture after that. Most likely, it will resume the uptrend after that. But the other scenario is becoming a 12345 impulse move. I think the reaction to the TL that you also have on your chart would clear the bigger picture
Attached Image (click to enlarge)
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  • #527,483
  • Jun 12, 2020 8:25am Jun 12, 2020 8:25am
some guidelines for wave "c"

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  • #527,484
  • Jun 12, 2020 8:27am Jun 12, 2020 8:27am
Quoting SFundamental
25770 important level

The bounced it off that level.
Look ahead, Macro=Direction, Levels & Structure = Entry
  • #527,485
  • Jun 12, 2020 8:28am Jun 12, 2020 8:28am
Thing is we will have to wait for equities to set up
Look ahead, Macro=Direction, Levels & Structure = Entry
  • #527,486
  • Jun 12, 2020 8:29am Jun 12, 2020 8:29am
Quoting gespiri
{quote} Shouldn't wave C be more or less the same length of wave A? If it is, shouldn't is end around 1.241x?
the visitor posted the guideline.
  • #527,487
  • Jun 12, 2020 8:29am Jun 12, 2020 8:29am
I think soon it will drop below the 1.2570 issue,anyway
I bear and will wait for big dump down
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #527,488
  • Jun 12, 2020 8:32am Jun 12, 2020 8:32am
I think GBPUSD will go to up again, but not is good try to buy.
Together we can be strongest
Vantage Return This Month: na
  • #527,489
  • Jun 12, 2020 8:32am Jun 12, 2020 8:32am
Equites selling
Look ahead, Macro=Direction, Levels & Structure = Entry
  • #527,490
  • Jun 12, 2020 8:33am Jun 12, 2020 8:33am
SHORT 1.25822
  • #527,491
  • Jun 12, 2020 8:37am Jun 12, 2020 8:37am
Quoting Almo2312
I think soon it will drop below the 1.2570 issue,anyway I bear and will wait for big dump down
it will break. But after some upside target? IMO.
Intraday only.
  • #527,492
  • Jun 12, 2020 8:37am Jun 12, 2020 8:37am
Small long

https://www.tradingview.com/x/djtydKBa/
Look ahead, Macro=Direction, Levels & Structure = Entry
  • #527,493
  • Jun 12, 2020 8:40am Jun 12, 2020 8:40am
Quoting navk
{quote} it will break. But after some upside target? IMO.
I understood your bias is bull..i just follow my technical issue..

My target as i wrote earlier about 1.24/3 but not for today
Next week but only if 1.2815 won't break.
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #527,494
  • Jun 12, 2020 8:41am Jun 12, 2020 8:41am
Quoting knkie
{quote} pretty smooth in my opinion lol {image}
I got in at 2650 with the destination at 2574, the weekly pivot. We just got there but were there upheavals? Plenty of them
  • #527,495
  • Jun 12, 2020 8:41am Jun 12, 2020 8:41am
Quoting SFundamental
Small long https://www.tradingview.com/x/djtydKBa/
now moving up!


https://www.tradingview.com/x/US7Yj7jP/
Look ahead, Macro=Direction, Levels & Structure = Entry
  • #527,496
  • Jun 12, 2020 8:42am Jun 12, 2020 8:42am
Quoting Almo2312
{quote} I understood your bias is bull..i just follow my technical issue.. My target as i wrote earlier about 1.24/3 but not for today Next week but only if 1.2815 won't break.
ok. But whatever you are selling, I am buying.

Not so much...but 0.01 lots.

Intraday only.
  • #527,497
  • Jun 12, 2020 8:43am Jun 12, 2020 8:43am
Quoting navk
{quote} ok. But whatever you are selling, I am buying. Not so much...but 0.01 lots.
So you should bought when i took the short at 1.2680 ..

Lol
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #527,498
  • Jun 12, 2020 8:44am Jun 12, 2020 8:44am
Quoting Almo2312
{quote} So you should bought when i took the short at 1.2680 .. Lol
we are always against.

But you seem to be selling a lot. And making huge money.

Intraday only.
  • #527,499
  • Jun 12, 2020 8:49am Jun 12, 2020 8:49am
Quoting SFundamental
{quote} now moving up! https://www.tradingview.com/x/US7Yj7jP/
Out
Look ahead, Macro=Direction, Levels & Structure = Entry
  • #527,500
  • Jun 12, 2020 8:49am Jun 12, 2020 8:49am
Quoting navk
{quote} we are always against. But you seem to be selling a lot. And making huge money.
We will both win buddy
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
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