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Cable Update (GBPUSD)

  • #535,221
  • Jul 13, 2020 5:24pm Jul 13, 2020 5:24pm
Quoting navk
target must be s1 2512
I think it will stop in Asia at about 1.2530..S1 would be later today.
  • #535,222
  • Jul 13, 2020 5:32pm Jul 13, 2020 5:32pm
Will the last cable of mine hold... no position yet...
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row row row your boat
  • #535,223
  • Jul 13, 2020 5:34pm Jul 13, 2020 5:34pm
Quoting guestfromeast
{quote} I think it will stop in Asia at about 1.2530..S1 would be later today.
2520 to 2512 i expect.

This is usual pattern.

London will buy.
Intraday only.
  • #535,224
  • Jul 13, 2020 5:52pm Jul 13, 2020 5:52pm
Thinking we will have buy back up to 1.259 area. We tapped 1h loq level with that Asia push down
"Anger clouds the mind. Turned inward, it is an unconquerable enemy."
  • #535,225
  • Jul 13, 2020 6:09pm Jul 13, 2020 6:09pm
2nd consecutive break of last day low .
down down and below
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yes yes yes
  • #535,226
  • Jul 13, 2020 7:41pm Jul 13, 2020 7:41pm
Tnx Bones this chart is clean and easy for me to read ...at the moment the up trend is weak drop is needed to fuel the beginning of large up move.
Attached Image
MY OPINION NOT FINANCIAL ADVISE
  • #535,227
  • Jul 13, 2020 7:55pm Jul 13, 2020 7:55pm
Quoting navk
{quote} 2520 to 2512 i expect. This is usual pattern. London will buy.
tiny lot long for fun at asian..
will close if price start to reverse
till that happen..
holding till stop out
just for a cup of coffee...
  • #535,228
  • Jul 13, 2020 8:00pm Jul 13, 2020 8:00pm
Quoting Moty
2nd consecutive break of last day low . down down and below {image} {image}
Be careful. If you want to short, better wait retrace first.
  • #535,229
  • Jul 13, 2020 8:55pm Jul 13, 2020 8:55pm
Bearish on this pair today. Will wait for short set-up.
Don't trade what you think. Just what you see!!!
  • #535,230
  • Jul 13, 2020 10:23pm Jul 13, 2020 10:23pm
What a nice discount ....
not euphoria follower
  • #535,231
  • Jul 13, 2020 10:33pm Jul 13, 2020 10:33pm
GU will repeat the already low at 1.2530s to bounce upward toward 1.2570s then 1.2600s, then the game will be played if daily close will be up or price will retrace down but later not now.
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #535,232
  • Jul 13, 2020 10:37pm Jul 13, 2020 10:37pm
i am bullish for GBPUSD

my target between 1.2720 to 1.2820

the only question is where to buy

may be now 1.2550 or wait for one more dip near 1.2510

SL daily close below 1.2460
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  • #535,233
  • Jul 13, 2020 10:39pm Jul 13, 2020 10:39pm
Quoting msniper
i am bullish for GBPUSD my target between 1.2720 to 1.2820 the only question is where to buy may be now 1.2550 or wait for one more dip near 1.2510 SL daily close below 1.2460


u crack me when you said the question is where to buy
MY OPINION NOT FINANCIAL ADVISE
  • #535,234
  • Jul 13, 2020 10:42pm Jul 13, 2020 10:42pm
Quoting donfriday
Tnx Bones this chart is clean and easy for me to read ...at the moment the up trend is weak drop is needed to fuel the beginning of large up move. {image}
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I think you could be right . 2400 area bounce to go into the 3000 zone and work upto 1.4300 but the way things are going any break of 2380/2400 area should open up the bigger low to 2080 areas . I would hope to see the long move rather than short . But trade what we see . Regards E
  • #535,235
  • Jul 13, 2020 10:45pm Jul 13, 2020 10:45pm
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onother look
  • #535,236
  • Jul 13, 2020 10:46pm Jul 13, 2020 10:46pm
Quoting donfriday
{quote} u crack me when you said the question is where to buy
hahaha yah i mean where to buy with minimum drawdown that u can get
  • #535,237
  • Jul 13, 2020 11:05pm Jul 13, 2020 11:05pm
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mm
  • #535,238
  • Jul 13, 2020 11:06pm Jul 13, 2020 11:06pm
i bought at 1.2539 i will add if it gets below 1.2500

my TP 1.2760

SL daily close below 1.2460
  • #535,239
  • Jul 13, 2020 11:07pm Jul 13, 2020 11:07pm
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could it break to tl attraction.?
  • #535,240
  • Jul 13, 2020 11:16pm Jul 13, 2020 11:16pm
Attachment g
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