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Cable Update (GBPUSD)

  • #532,121
  • Jun 30, 2020 11:36am Jun 30, 2020 11:36am
Quoting Coreg2004
Of course, anything is possible at least in my book but we need to follow TA on our charts ( setup TF) {image}
Potential 12345 (no more ABC)
Attached Image (click to enlarge)
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or...
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Always trade your own plan...I don't provide trading signals.
  • #532,122
  • Jun 30, 2020 11:40am Jun 30, 2020 11:40am
i hoping gu testing below level 1.22 even 1.20. if not price look like trap with huge range.
Attached Image (click to enlarge)
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  • #532,123
  • Jun 30, 2020 11:40am Jun 30, 2020 11:40am
Quoting Moty
{quote} i will be satisfied with 40 , but you can put sl at 1.23933 ( yesterday high area ) and let it run , every thing possible
Ok 40 pips it is!!!
Don't trade what you think. Just what you see!!!
  • #532,124
  • Jun 30, 2020 11:57am Jun 30, 2020 11:57am
Thanks mate for your encouraging comment. But really we are all FF members and should be helping one another to build a healthy, vibrant and successful community.

KP

Quoting Roszey
{quote} Yes, Boss. you are the man
Do your homework, follow the footprints of smart money
  • #532,125
  • Jun 30, 2020 12:01pm Jun 30, 2020 12:01pm
Looks like might retest top of next range around 2410-15
Attached Image(s) (click to enlarge)
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Compulsions can be hard to resist
  • #532,126
  • Jun 30, 2020 12:04pm Jun 30, 2020 12:04pm
Quoting shahab8b
GBPUSD, setup to load more long trade on a possible retest of the double bottom neckline {image}
Full disclosure:...shahab8b said 4 days ago he will go long at 1.2250...here is the post from his thread...https://www.forexfactory.com/showthr...4#post13029354
...that's the vision...congrats.
Always trade your own plan...I don't provide trading signals.
  • #532,127
  • Jun 30, 2020 12:18pm Jun 30, 2020 12:18pm
Daily close above 1.2395 will call for more bullish entries. right now 1.2355 is proving good support and 1.2318 is also a strong support level.
Meanwhile i have closed my long entries to watch out daily close and then decide accordingly .
little bit of sense, little bit of luck
Ktr Return This Month: na
  • #532,128
  • Jun 30, 2020 12:22pm Jun 30, 2020 12:22pm
bulls be careful tomorrow is a new month gu is still a sell trend
  • #532,129
  • Jun 30, 2020 12:24pm Jun 30, 2020 12:24pm
Quoting Theoak
{quote} Ok 40 pips it is!!!
no , i changed it to 60

1.23867 to 1.23260
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yes yes yes
  • #532,130
  • Jun 30, 2020 12:30pm Jun 30, 2020 12:30pm
Quoting Moty
{quote} no , i changed it to 60 1.23867 to 1.23260 {image} {image}
In the same trade but don't think it will make it back to daily pivot, not enough sell volume. Reckon retracement will take us to 12340.
  • #532,131
  • Jun 30, 2020 12:40pm Jun 30, 2020 12:40pm
Quoting Scotteyy
{quote} In the same trade but don't think it will make it back to daily pivot, not enough sell volume. Reckon retracement will take us to 12340.
when dx will break up , then we will get atleast 1.23260 in gu
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yes yes yes
  • #532,132
  • Jun 30, 2020 12:42pm Jun 30, 2020 12:42pm
Quoting Coreg2004
{quote} Full disclosure:...shahab8b said 4 days ago he will go long at 1.2250...here is the post from his thread...https://www.forexfactory.com/showthr...4#post13029354 ...that's the vision...congrats.
Thanks Coreg. It turned out to be a good call.
  • #532,133
  • Jun 30, 2020 12:42pm Jun 30, 2020 12:42pm
Quoting Moty
{quote} when dx will break up , then we will get atleast 1.23260 in gu {image}
That's if it makes it past the daily pivot.
  • #532,134
  • Jun 30, 2020 12:45pm Jun 30, 2020 12:45pm
Quoting navk
2238/35 target for today. if 2278 gives up. Then a strong reversal more than 150 pips can be expected.
Damn Navk, where did you get that crystal ball?
Patience and Discipline.
  • #532,135
  • Jun 30, 2020 12:49pm Jun 30, 2020 12:49pm
Quoting Stefan90csk
{quote} Damn Navk, where did you get that crystal ball?
a la fib pivots
  • #532,136
  • Jun 30, 2020 12:57pm Jun 30, 2020 12:57pm
Quoting Theoak
{quote} what TF?
The TF that hardly anyone trades in... >5 minutes
  • #532,137
  • Jun 30, 2020 1:33pm Jun 30, 2020 1:33pm
Quoting Wavegarrick
{quote} Hi Guys, Iffy times here with month-end on the doorstep. If price breaks through my descending trendline bulls could be in for a spell, fast moving price action, and hard to post on time. I could add more buys on pull backs. Important that my 4 hr candle closes in this area (66min's left). All the best, Cheers {image}
Hi Guys,
I do not wish to sway anyone in their decisions, but from a top-down analysis with Usdx I would like to give my point of view, Whether it matters or not, no problem, just my point of view and off my chest.

Usdx monthly: Down. If we break above last months close at 98.253 ish with a weekly and monthly close. Us dollar strength back in the mix.
Attached Image (click to enlarge)
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Usdx weekly: lower low for now and still in bearish mode, but above my weekly 200sma.
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Daily Usdx: Dojis and lots of indecision. Currently up but below my 200sma.
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Overall the dollar looks to weaken. Not cast in stone and only my view.

Cheers.
Trade to trade another day
  • #532,138
  • Jun 30, 2020 1:39pm Jun 30, 2020 1:39pm
yummy
buy more

2380 long
M30 now.

price has moved wonderfully thru the frames.
Reversed on M5, then M15 and now working its way thru m30.
in wondering about yourself, you forgot what you came here to be part of
  • #532,139
  • Jun 30, 2020 2:07pm Jun 30, 2020 2:07pm
wow , 1 pip difference from being stopped out
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yes yes yes
  • #532,140
  • Jun 30, 2020 2:08pm Jun 30, 2020 2:08pm
Quoting mkvy
{quote} 400 pips better
aiming below 1.2 mate?
"If you run, you'll only die tired." - Sniper's philosophy
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