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Cable Update (GBPUSD)

  • #538,641
  • Jul 28, 2020 2:48am Jul 28, 2020 2:48am
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last one ... trade what you see
  • #538,642
  • Jul 28, 2020 2:48am Jul 28, 2020 2:48am
50% 2768-2904/23.6% 2643-2904 at the current dly lo.
Trader with an Edge.
  • #538,643
  • Jul 28, 2020 2:53am Jul 28, 2020 2:53am
Quoting iqyu5an
Sell the market and go away ...
you'll only come back to massive DD
  • #538,644
  • Jul 28, 2020 3:00am Jul 28, 2020 3:00am
... the hidden bullish div on 1hr will on my osc settings stay valid so long as price does not exceed 2817 ish....but is competing against reg bearish div 1hr/2hr/4hr/dly at the 2904 hi.
Trader with an Edge.
  • #538,645
  • Jul 28, 2020 3:02am Jul 28, 2020 3:02am
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yes yes yes
  • #538,646
  • Jul 28, 2020 3:11am Jul 28, 2020 3:11am
... big pullback in gold...futures went above $2000 at one point...some $ respite all round...
Trader with an Edge.
  • #538,647
  • Jul 28, 2020 3:13am Jul 28, 2020 3:13am
June Monthly Range is about 561pips and July is already 543pips. Also as you can see the high of June broken. Can it be fakey? We will know when the day ends.
For sell, I will look out for a good PA formation.
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Le$$ I$ More
  • #538,648
  • Edited 3:52am Jul 28, 2020 3:22am | Edited 3:52am
I'm thinking about closing my long trade since 1.2550 last week monday
  • #538,649
  • Jul 28, 2020 3:26am Jul 28, 2020 3:26am
i think we are on the way to below 1.2800

then buy below that

GU still bullish and targeting 1.31 at least but it might make some fake drop before that

SL for bullish scenario would be 1.2620 area
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  • #538,650
  • Jul 28, 2020 3:28am Jul 28, 2020 3:28am
crooky gold
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gu is going down
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yes yes yes
  • #538,651
  • Jul 28, 2020 3:36am Jul 28, 2020 3:36am
Quoting trumps
{quote} I don't think the ---------- TL above price, will contain the bulls for very long {image}
Please excuse the "French"

Inserted Video


Compulsions can be hard to resist
  • #538,652
  • Jul 28, 2020 3:42am Jul 28, 2020 3:42am
Seems like Cable is gonna take a break before further upside
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  • #538,653
  • Jul 28, 2020 3:48am Jul 28, 2020 3:48am
Quoting Aghostinplai
I'm thinking about closing my long trade since 1.2550 last monday
Should I close or hold?

I am responsible for my actions so please give me your opinions.
  • #538,654
  • Jul 28, 2020 3:52am Jul 28, 2020 3:52am
i wil let M30/H1 break 2873/2880 upward and then enter on the swing pullback.
could still take a bit for this to complete
in wondering about yourself, you forgot what you came here to be part of
  • #538,655
  • Jul 28, 2020 3:56am Jul 28, 2020 3:56am
... finishing session here - short but gainful...G/L to all for rest of your trading day.....may be back later.
Trader with an Edge.
  • #538,656
  • Jul 28, 2020 4:01am Jul 28, 2020 4:01am
Quoting msniper
i think we are on the way to below 1.2800 then buy below that GU still bullish and targeting 1.31 at least but it might make some fake drop before that SL for bullish scenario would be 1.2620 area {image}
H&S failed GU still bullish doesnt want to retrace
  • #538,657
  • Jul 28, 2020 4:02am Jul 28, 2020 4:02am
Quoting JayBag
{quote} Id like to think we already have a direction.. Just need some Volatility.. Today’s bull will be so hyper like it had sugar for dinner SS
SugarRush bulls are here .. I think they had a bit too much

Should be really fun.
SS
  • #538,658
  • Jul 28, 2020 4:09am Jul 28, 2020 4:09am
Quoting msniper
{quote} H&S failed GU still bullish doesnt want to retrace
not yet ,let's wait for the next hourly close
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payback in gold , super major res at 1920
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dx is going to fly , major support at 93.410
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yes yes yes
  • #538,659
  • Jul 28, 2020 4:21am Jul 28, 2020 4:21am
Still bullish on GBP, bought GBPCHF today, longer-term targets on this above 1.2..
  • #538,660
  • Jul 28, 2020 4:23am Jul 28, 2020 4:23am
Quoting Aghostinplai
{quote} Should I close or hold? I am responsible for my actions so please give me your opinions.
Earn your profit without further delay. A bird in hand is worth more than two in the bush
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