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Cable Update (GBPUSD)

  • #532,441
  • Jul 1, 2020 12:42pm Jul 1, 2020 12:42pm
Quoting navk
the price has moved from 2250 to 2480. 230 pips, after some consolidation tomorrow, the price will be bullish and end the week bullish. Do not dream of reversal back to 2250 tis week. This is for me only.
2900 3200 .... and 6500 . That dedicated to my mate Nkpmg .
  • #532,442
  • Jul 1, 2020 12:43pm Jul 1, 2020 12:43pm
Quoting Georginson
This buy is very much anticipated since 1.2250 remains unbroken... Now prepare first sell @1.2500 and second sell @ 1.2550.... Target 1.2400 first target ... Analysis on this will be given before New York close
can we exchange contact pls i need your advice
  • #532,443
  • Jul 1, 2020 12:48pm Jul 1, 2020 12:48pm
Quoting elbert3
{quote} 2900 3200 .... and 6500 . That dedicated to my mate Nkpmg .
I have seen in year 2010... i think.... the pound was so bullish... 1.7000 around.

All dips were bought that time.

Then one excellent NFP result... made turn around... started to drop.

Now british have their own problems.
Intraday only.
  • #532,444
  • Jul 1, 2020 12:49pm Jul 1, 2020 12:49pm
Quoting WizardTrade
{quote} Nice exhibit. Where did you get it from??
hi buddy here’s the link for ratio of buy to sell https://fxssi.com/tools/current-ratio

A link for the tools and graphs they offer onpairs
https://fxssi.com/tools/

hope this helps
joe
  • #532,445
  • Jul 1, 2020 12:50pm Jul 1, 2020 12:50pm
Attached Image (click to enlarge)
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pull back areas
Quoting navk
{quote} I have seen in year 2010... i think.... the pound was so bullish... 1.7000 around. All dips were bought that time. Then one excellent NFP result... made turn around... started to drop. Now british have their own problems.
Well Nav I keep saying in my little picture they is a gap lol . If that comes off I will show my bum naked on the thread lol
  • #532,446
  • Jul 1, 2020 12:50pm Jul 1, 2020 12:50pm
the hourly RSI indi shows it is overbought.

4HR is bullish though.

Expect a correction in london session tomorrow.
Attached Image (click to enlarge)
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Intraday only.
  • #532,447
  • Jul 1, 2020 12:50pm Jul 1, 2020 12:50pm
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  • #532,448
  • Jul 1, 2020 12:51pm Jul 1, 2020 12:51pm
Quoting navk
{quote} I have seen in year 2010... i think.... the pound was so bullish... 1.7000 around. All dips were bought that time. Then one excellent NFP result... made turn around... started to drop. Now british have their own problems.
Attached Image (click to enlarge)
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in there lol
  • #532,449
  • Jul 1, 2020 12:52pm Jul 1, 2020 12:52pm
Exited my positions in anticipation of the news, ugh, this just doesn't want to retrace at all. Put your shorts in guys, I always lose!
  • #532,450
  • Jul 1, 2020 12:53pm Jul 1, 2020 12:53pm
Quoting joesherwood
{quote} hi buddy here’s the link for ratio of buy to sell https://fxssi.com/tools/current-ratio A link for the tools and graphs they offer onpairs https://fxssi.com/tools/ hope this helps joe
Thanks a million dear.

TW
WARNING: This post warps space and time in its vicinity.
  • #532,451
  • Jul 1, 2020 12:54pm Jul 1, 2020 12:54pm
Quoting Moty
{image}{image}
i have given up on the sell they just keep taking the price higher and higher and the uk is still on lockdown so what could be the reason for the rise
  • #532,452
  • Jul 1, 2020 12:56pm Jul 1, 2020 12:56pm
Quoting epzero
{quote} i have given up on the sell they just keep taking the price higher and higher and the uk is still on lockdown so what could be the reason for the rise
as long as 1.2500 holds, i expect correction tomorrow, as hourly is overbought.
Intraday only.
  • #532,453
  • Jul 1, 2020 12:58pm Jul 1, 2020 12:58pm
i doubt GU have enough power to fly high at the moment

look at EG its near the support and if it make reversal we will seee GU down again
Attached Image (click to enlarge)
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  • #532,454
  • Jul 1, 2020 12:59pm Jul 1, 2020 12:59pm
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yes yes yes
  • #532,455
  • Jul 1, 2020 1:08pm Jul 1, 2020 1:08pm
Bears will come soon!!! Wait for it!!!
  • #532,456
  • Jul 1, 2020 1:09pm Jul 1, 2020 1:09pm
Moty... why you don't sell again at 1.2480-1.2490 ?
  • #532,457
  • Jul 1, 2020 1:12pm Jul 1, 2020 1:12pm
Quoting ServerUang
Moty... why you don't sell again at 1.2480-1.2490 ?
why would you advice such when the market is still showing signs of buying ?? this cable is so stupid and annoying let's wait for the sell to start first
  • #532,458
  • Jul 1, 2020 1:15pm Jul 1, 2020 1:15pm
Nothing doing on the fed minutes. 2543 is the 2nd fractal LH in the daily downtrend...that needs to hold if that t/f's downtrend is to stay intact and not harmed. Barring a couple of earlier decent pullbacks that resulted in a HL on 1hr it has been relentlessly bullish since the London open. Nice upside follow through on y/day's daily bullish engulf candle with an upside breech of the steepest daily desc t/line. Daily chart is below.

Done for today....Be back @ London open.
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Trader with an Edge.
  • #532,459
  • Jul 1, 2020 1:32pm Jul 1, 2020 1:32pm
evening star
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yes yes yes
  • #532,460
  • Jul 1, 2020 2:21pm Jul 1, 2020 2:21pm
Quoting epzero
{quote} i have given up on the sell they just keep taking the price higher and higher and the uk is still on lockdown so what could be the reason for the rise
There should be some correction tomorrow.
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