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Cable Update (GBPUSD)

  • #537,481
  • Jul 22, 2020 9:15am Jul 22, 2020 9:15am
It will drop like a stone, my tp at 1.25310
PS: Sorry cant post my chart, not at home
  • #537,482
  • Jul 22, 2020 9:18am Jul 22, 2020 9:18am
Quoting SCopier
It will drop like a stone, my tp at 1.25310 PS: Sorry cant post my chart, not at home
It can Double top before such a drop
Or you see it coming sooner?
  • #537,483
  • Jul 22, 2020 9:21am Jul 22, 2020 9:21am
Quoting navk
{quote} if it falls below 2690, then not good. Almost 50 % retraced in the long from 2640 to 2730. Now 2690 is mid level.
my sl is very tight
make or break..
  • #537,484
  • Jul 22, 2020 9:21am Jul 22, 2020 9:21am
Quoting SCopier
It will drop like a stone, my tp at 1.25310 PS: Sorry cant post my chart, not at home
What does your daily show?
Charts don't drive price, market conditions drive price...
  • #537,485
  • Jul 22, 2020 9:24am Jul 22, 2020 9:24am
Quoting thevisitor
{quote} my sl is very tight make or break..
I exactly took long at 2695/94/93 and closed them all at 2717.

Nice profit.

Then again I took long between 2702/07 and closed quickly.

Today target is done already so will not risk.

However, i will look for high or low of the day to take some trades.
Intraday only.
  • #537,486
  • Jul 22, 2020 9:29am Jul 22, 2020 9:29am
Attached Image (click to enlarge)
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yes yes yes
  • #537,487
  • Jul 22, 2020 9:29am Jul 22, 2020 9:29am
Quoting thevisitor
long 1.2695 Tp 1.2780
Sl +3
  • #537,488
  • Jul 22, 2020 9:29am Jul 22, 2020 9:29am
Quoting Guztro
{quote} What does your daily show?
Already posted in this morning, forgot what page number

Try to draw daily fibo, price only zigzag on lvl 68.3 - 61.8. I think never to make double top, but everything is possible
  • #537,489
  • Jul 22, 2020 9:31am Jul 22, 2020 9:31am
Quoting SCopier
{quote} Already posted in this morning, forgot what page number Try to draw daily fibo, price only zigzag on lvl 68.3 - 61.8. I think never to make double top, but everything is possible
Sorry, I’m also on the road. My H4 and Daily remains bullish, so I won’t short this until those 2 time frames change.

Trade Safe.
Guz
Charts don't drive price, market conditions drive price...
  • #537,490
  • Jul 22, 2020 9:38am Jul 22, 2020 9:38am
my ideal world would be a double top at 1.276..then retrace or drop
  • #537,491
  • Jul 22, 2020 9:39am Jul 22, 2020 9:39am
buying for 1.28 and 1.29

fake move down
Make money by doing the opposite of Giveachance aka loser
  • #537,492
  • Jul 22, 2020 9:42am Jul 22, 2020 9:42am
Quoting iqyu5an
Still not interest for short. Closed already long . switch to other menu ... GBP/AUD for a while
Party party ...: long gbp ... uppps GBP/AUD i mean
not euphoria follower
  • #537,493
  • Jul 22, 2020 9:45am Jul 22, 2020 9:45am
Quoting nessus94
buying for 1.28 and 1.29 fake move down
It should be interesting.. 1.29 is a valid target.. (yearly pivot)

now we just need bull spike lee

SS
  • #537,494
  • Jul 22, 2020 9:46am Jul 22, 2020 9:46am
Quoting HBN08
I see a double top coming , after that probavly down Tp achived
As we approach that level I think most will side with you, I know I did until 10 minutes ago, which is why I think it will PASS that level. Just enough to excite bulls into thinking 1.3 is possible. If this were a double top I think that we would have been there already and moving back south. I also don't like the spot the dollar bounced off of. Leads me to believe there are STILL orders down below that need filling. 4hr chart says one more push is possible.
Don't compare your trades to others. Most often the masses are the asses
  • #537,495
  • Jul 22, 2020 9:49am Jul 22, 2020 9:49am
Quoting Wavegarrick
{quote} Could my yearly pivot at 1.2908 come into play at some point? Trade safe Guys Cheers. {image}
Hi Guys,
Gu has some way to go in my opinion. Buy trades opened with 25 pip stops.

Cheers.
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Trade to trade another day
  • #537,496
  • Jul 22, 2020 10:00am Jul 22, 2020 10:00am
M5 chart

BUY 2736

based on breakout + momentum
Attached Image
in wondering about yourself, you forgot what you came here to be part of
  • #537,497
  • Jul 22, 2020 10:01am Jul 22, 2020 10:01am
Quoting OBsayMkMoney
{quote} As we approach that level I think most will side with you, I know I did until 10 minutes ago, which is why I think it will PASS that level. Just enough to excite bulls into thinking 1.3 is possible. If this were a double top I think that we would have been there already and moving back south. I also don't like the spot the dollar bounced off of. Leads me to believe there are STILL orders down below that need filling. 4hr chart says one more push is possible.
Yes im still not sure about the double top formation as you said we could already been there (sry for my english) im long until yesterdays high, after it depends of candles and momentum.. but 1.3 i think is to far without a good reatrace (at least this week i dont see it happen unless spain brings more bulls to the market
but the truth is that we never know for sure
(for sure we go a little up since candle closed above pivot)
  • #537,498
  • Jul 22, 2020 10:04am Jul 22, 2020 10:04am
Here my chart, wave 2 created
Attached Image (click to enlarge)
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  • #537,499
  • Jul 22, 2020 10:11am Jul 22, 2020 10:11am
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yes yes yes
  • #537,500
  • Jul 22, 2020 10:16am Jul 22, 2020 10:16am
Quoting knkie
M5 chart BUY 2736 based on breakout + momentum {image}
lowered the pending buy level sharper to 1.2729
edit: triggered > target 30 pips
Attached Image
in wondering about yourself, you forgot what you came here to be part of
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