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Cable Update (GBPUSD)

  • #535,121
  • Jul 13, 2020 5:17am Jul 13, 2020 5:17am
Similar level of support as Friday's bounce before returning to 1.266X
  • #535,122
  • Jul 13, 2020 5:21am Jul 13, 2020 5:21am
Quoting gatenio
{quote} i dont think that it can cross the pivot, it will change everything.
It can, towards 2635, but could be a fake upside, then back down
COT: The precious data ignored
  • #535,123
  • Jul 13, 2020 5:33am Jul 13, 2020 5:33am
Quoting kuroro001
{quote} It can, towards 2635, but could be a fake upside, then back down
tech anything can happen, im sure that it can cause problems.
we are now testing 1260 again, after pivot reject the price, might see a real break, for me 12568 is must for today, better before lc
  • #535,124
  • Jul 13, 2020 5:55am Jul 13, 2020 5:55am
Looks like there's still some buyers around, I've gone long after second bounce from 1.2594 TP @ 1.2622 SL @ BE as I don't trust it to stay up..!
  • #535,125
  • Jul 13, 2020 6:00am Jul 13, 2020 6:00am
Falling wedge then continuation maybe?
  • #535,126
  • Jul 13, 2020 6:07am Jul 13, 2020 6:07am
Hi ,how do you arrive at those % chance

Quoting Georginson
Here is my take on GBPUSD for this week.. The last week did a new minimum weekly range of 211 pips being the lowest weekly range in the last 15 weeks (almost 4 months). The probable high for this week is 1.2720 (40% chance of occurrence) while maximum high for this week is 1.2817 (20% chance of occurrence) The probable low for this week is 1.2470 (70% chance of occurrence) While the maximum low for this week is 1.2390 (50% chance of occurrence) Bias still remains bearish for a possible test of 1.24 level this week and a possible test of 1.22 level...
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #535,127
  • Edited 9:28am Jul 13, 2020 6:11am | Edited 9:28am
Past 3 weekly candle is telling something
not euphoria follower
  • #535,128
  • Jul 13, 2020 6:22am Jul 13, 2020 6:22am
Hello guys!!

Im not in Cable right now as I'm playing the USD bear through EUR long,CAD longs and Index longs (and even USD/JPY shor as per my thread), but here's what I see on Cable
Attached Image (click to enlarge)
Click to Enlarge Name: GBP doubletop13jul4hour.jpg Size: 175 KB
  • #535,129
  • Jul 13, 2020 6:23am Jul 13, 2020 6:23am
TP Hit...Now Build Long (with SL 1.2580)...looking for New High
Attached Image
https://investizo.com/investment/view?server=1&login=2141779119
  • #535,130
  • Jul 13, 2020 6:23am Jul 13, 2020 6:23am
Quoting Bones
Hi ,how do you arrive at those % chance {quote}
Probabilty of occurance based on what happened in the past months
But then those % will change, depending if he looks at the past 10 weeks, past 20, past 30...etc...
COT: The precious data ignored
  • #535,131
  • Jul 13, 2020 6:40am Jul 13, 2020 6:40am
gu bears, watch dx

hourly above 96.470 can open the bottom for gu DS1 or rest of ADR..
  • #535,132
  • Jul 13, 2020 6:41am Jul 13, 2020 6:41am
Gu is going to 1.25700
Switched to short entry 1.25950
Attached Image (click to enlarge)
Click to Enlarge Name: CamScanner 07-13-2020 14.43.58_1.jpg Size: 83 KB
yes yes yes
  • #535,133
  • Jul 13, 2020 6:54am Jul 13, 2020 6:54am
fly or fall? 15m tf make triple bottom. d1 make triple top. your choice. im out
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_2020-07-13-18-53-28-82_a068875e8d70110f8d1ec48729c67374.jpg Size: 553 KB
row row row your boat
  • #535,134
  • Jul 13, 2020 6:57am Jul 13, 2020 6:57am
Quoting ngiler
fly or fall? 15m tf make triple bottom. d1 make triple top. your choice. im out {image}
no truple bottom.. ranging near 1260, actually it already break.
waiting dx to wake up for the real party.
  • #535,135
  • Jul 13, 2020 7:02am Jul 13, 2020 7:02am
Quoting dondealova
TP Hit...Now Build Long (with SL 1.2580)...looking for New High {image}
out...switching to Short..will add more
https://investizo.com/investment/view?server=1&login=2141779119
  • #535,136
  • Jul 13, 2020 7:08am Jul 13, 2020 7:08am
GBP Getting Weaker on almost all pairs . so i will focusing on shorting the GU

Attached Image (click to enlarge)
Click to Enlarge Name: GU.jpg Size: 79 KB
  • #535,137
  • Jul 13, 2020 7:09am Jul 13, 2020 7:09am
I think he should tell us the calculation he used
Quoting kuroro001
{quote} Probabilty of occurance based on what happened in the past months But then those % will change, depending if he looks at the past 10 weeks, past 20, past 30...etc...
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #535,138
  • Jul 13, 2020 7:09am Jul 13, 2020 7:09am
Looking for drop to monthly pivot at 12485. Dollar index just created Inverse H&S.
  • #535,139
  • Jul 13, 2020 7:11am Jul 13, 2020 7:11am
Quoting Bones
I think he should tell us the calculation he used {quote}
By reading his post, it seems he used the past 15 weeks (past 4 months)
First line on his post
COT: The precious data ignored
  • #535,140
  • Jul 13, 2020 7:16am Jul 13, 2020 7:16am
Attached Image (click to enlarge)
Click to Enlarge Name: CamScanner 07-13-2020 15.13.39_1.jpg Size: 96 KB
yes yes yes
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