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Cable Update (GBPUSD)

  • #537,321
  • Jul 22, 2020 2:16am Jul 22, 2020 2:16am
Quoting epzero
{quote} he should take pips from the buy and wait for the fall, dxy isn't tired of falling yet
you are right about dxy, but not impact on gu yet, eu is get the all impact.

every pump up of the dxy will push the gu down.

im not saying sell it, but there is few bearish signs on h1 after 48 hours straight.

50 sma sitting on 2682, maybe a visit there.. break it and ds1 is on target.
  • #537,322
  • Jul 22, 2020 2:17am Jul 22, 2020 2:17am
Moved the buy limit to 1.2697.
  • #537,323
  • Jul 22, 2020 2:18am Jul 22, 2020 2:18am
May i ask if most analysis here is based on TA? Fundamentally, dollar seems weak.
  • #537,324
  • Jul 22, 2020 2:24am Jul 22, 2020 2:24am
Quoting trumps
{quote} In what way?
Last week closed with a bearish candle but see what the bulls have done
  • #537,325
  • Jul 22, 2020 2:28am Jul 22, 2020 2:28am
Quoting kukuforex
i'm short GBP . hope green pips
yes. green pips
super scalp will big profit
  • #537,326
  • Jul 22, 2020 2:35am Jul 22, 2020 2:35am
drop drop and below
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gu2.png Size: 21 KB
Click to Enlarge Name: gu1.png Size: 38 KB
Click to Enlarge Name: eu.png Size: 18 KB
yes yes yes
  • #537,327
  • Jul 22, 2020 2:42am Jul 22, 2020 2:42am
think it's hitting the strong support at 266x which previously was the strong resistance
I'm entering a buy at 2680
  • #537,328
  • Jul 22, 2020 2:45am Jul 22, 2020 2:45am
Quoting navk
it must stop at 2665. Then 2783 today. However, if 2665 breaks ( remote chance ) , then deeper retrace to 2600. IMO.
Right to the pip. I benefited from this call.

Thanks Navk
  • #537,329
  • Jul 22, 2020 2:47am Jul 22, 2020 2:47am
Quoting rickntc
think it's hitting the strong support at 266x which previously was the strong resistance I'm entering a buy at 2680
I don't understand why you didn't go long at the 266x that was your safest option?
  • #537,330
  • Jul 22, 2020 2:48am Jul 22, 2020 2:48am
Today's
Support & Resistance levels for EURO & CABLE on Meta Trader Templates

CABLE S/R
EURO S/R
EURO CONFULUENCE POWER ZONES

see here for the full pictures
https://www.forexfactory.com/showthr...2#post13072202
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #537,331
  • Jul 22, 2020 2:50am Jul 22, 2020 2:50am
Quoting trumps
Looking at the 4hr chart I'm short, expecting at least 2680 today before bullish resumption, with other bullish turning point possibilities below {image}
I'm now long again
Compulsions can be hard to resist
  • #537,332
  • Jul 22, 2020 2:50am Jul 22, 2020 2:50am
Quoting Nala66
{quote} I don't understand why you didn't go long at the 266x that was your safest option?
oh because I usually want to make sure what I see is correct, i.e. the trend is really reversing.
Usually i'm willing to sacrifice 10+ pips to confirm it. just my personal preference
  • #537,333
  • Jul 22, 2020 2:54am Jul 22, 2020 2:54am
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 40 KB
Attached Image (click to enlarge)
Click to Enlarge Name: gu2.png Size: 38 KB
Attached Image (click to enlarge)
Click to Enlarge Name: dx1.png Size: 30 KB
yes yes yes
  • #537,334
  • Jul 22, 2020 2:59am Jul 22, 2020 2:59am
Quoting rickntc
{quote} oh because I usually want to make sure what I see is correct, i.e. the trend is really reversing. Usually i'm willing to sacrifice 10+ pips to confirm it. just my personal preference
Waiting for PA to indicate you could be right, is better than entering without it
Compulsions can be hard to resist
  • #537,335
  • Jul 22, 2020 2:59am Jul 22, 2020 2:59am
4H update... although yesterday I was SO SO wrong!
Attached Image (click to enlarge)
Click to Enlarge Name: tvc_9bc7c19551281efb3c2b01859b99c0fb.png Size: 29 KB
Emotional Control. Process, not outcome.
  • #537,336
  • Jul 22, 2020 3:02am Jul 22, 2020 3:02am
Quoting rickntc
{quote} oh because I usually want to make sure what I see is correct, i.e. the trend is really reversing. Usually i'm willing to sacrifice 10+ pips to confirm it. just my personal preference
Sorry but that doesn't make sense to me, it always retraces a tad. Still if it works for you that is fine.
  • #537,337
  • Jul 22, 2020 3:04am Jul 22, 2020 3:04am
Quoting navk
it must stop at 2665. Then 2783 today. However, if 2665 breaks ( remote chance ) , then deeper retrace to 2600. IMO.
what can one say, you “missed” with 3 pips, are you cheating?!? :-)

impressive with your call!

nice one
Attached Image (click to enlarge)
Click to Enlarge Name: AEB86614-B44D-4AF9-A4B9-B54A1F1B3A67.png Size: 489 KB
  • #537,338
  • Jul 22, 2020 3:08am Jul 22, 2020 3:08am
no crooks at the gj
Attached Image (click to enlarge)
Click to Enlarge Name: gu2.png Size: 25 KB
yes yes yes
  • #537,339
  • Jul 22, 2020 3:10am Jul 22, 2020 3:10am
Quoting gespiri
{quote} Guz, what is your TP if you don't mind sharing?
Apologies for late reply gespiri, I had some stuff to finish before logging on to FF, my 80 pip TP just hit.
Charts don't drive price, market conditions drive price...
  • #537,340
  • Jul 22, 2020 3:13am Jul 22, 2020 3:13am
Quoting chess king
I shorted 1.2750 {image}
TP here at 38 RET ..+80
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