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Cable Update (GBPUSD)

  • #538,941
  • Jul 29, 2020 2:17am Jul 29, 2020 2:17am
Quoting donfriday
the strength of monthly candle tells that even you will see a reversal the new candle of august is likely to make a wick towards 1.32 probably before any selling because july fully favored the buyers 100% selling is not the option now if u cannot handle 300-500 draw down. trade safe
Its a market. The market decides.
  • #538,942
  • Jul 29, 2020 2:27am Jul 29, 2020 2:27am
Quoting akim0895
{quote} here some for you.. & some for me..
you know what, my outlook on gbpusd is bearish today.

First target 2850.

I dunno 2952 will break.

Doubtful

If it breaks, then 2976.
Intraday only.
  • #538,943
  • Jul 29, 2020 2:32am Jul 29, 2020 2:32am
Quoting navk
{quote} you know what, my outlook on gbpusd is bearish today. First target 2850. I dunno 2952 will break. Doubtful If it breaks, then 2976.
GL budd
just for a cup of coffee...
  • #538,944
  • Jul 29, 2020 2:35am Jul 29, 2020 2:35am
Quoting navk
{quote} you know what, my outlook on gbpusd is bearish today. First target 2850. I dunno 2952 will break. Doubtful If it breaks, then 2976.
I think this has to retrace first to at least 1.2895 - 1.28784......then up.
Staying out for now until I see the PA at those levels......
Lost....
  • #538,945
  • Jul 29, 2020 2:36am Jul 29, 2020 2:36am
It will be quick and aggressive.
Data + Stat + Risk/Emotions Management
  • #538,946
  • Jul 29, 2020 2:36am Jul 29, 2020 2:36am
Quoting Georginson
{quote} 2011 to 2020 JULY RANGES July 2011 High 1.6469 - 1.5780 Low = 689 pips July 2012 High 1.5766 - 1.5392 Low = 374 pips July 2013 High 1.5433 - 1.4813 Low = 620 pips July 2014 High 1.7189 - 1.6856 Low = 333 pips July 2015 High 1.5731 - 1.5329 Low = 402 pips July 2016 High 1.3479 - 1.2795 Low = 684 pips July 2017 High 1.3223 - 1.2811 Low = 412 pips July 2018 High 1.3362 - 1.2956 Low = 406 pips July 2019 High 1.2704 - 1.2118 Low = 586 pips July 2020 High 1.2951 - 1.2358 Low = 593 pips Minimum Range = 333 pips Average Range = 511 pips Maximum...
you haven't made a single dollar this month so why don't you stop posting this crap already?
  • #538,947
  • Jul 29, 2020 2:36am Jul 29, 2020 2:36am
EU looking to target 1.1780, doubtful what will GU do at that time BUT as said yesterday 1.2930-50 strong monthly resistance, if it gets penetrated it will not be to hold anywhere before testing 1.30
Watch out FED decision later today..
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #538,948
  • Jul 29, 2020 2:40am Jul 29, 2020 2:40am
Quoting epzero
{quote} you haven't made a single dollar this month so why don't you stop posting this crap already?
You have made a billion dollar? Cheap baby
Data + Stat + Risk/Emotions Management
  • #538,949
  • Jul 29, 2020 2:42am Jul 29, 2020 2:42am
Quoting akim0895
{quote} GL budd
2976 and then 2850 to me
Intraday only.
  • #538,950
  • Jul 29, 2020 2:43am Jul 29, 2020 2:43am
There it goes, no relief for bears.
I got 1.32 next main area.
Compulsions can be hard to resist
  • #538,951
  • Jul 29, 2020 2:46am Jul 29, 2020 2:46am
Quoting navk
{quote} 2976 and then 2850 to me
want some this bud while waiting..
just for a cup of coffee...
  • #538,952
  • Jul 29, 2020 2:50am Jul 29, 2020 2:50am
Quoting epzero
{quote} you haven't made a single dollar this month so why don't you stop posting this crap already?
1$
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #538,953
  • Jul 29, 2020 2:56am Jul 29, 2020 2:56am
Quoting abhilash
GU Daily chart. I am looking for 1.2960 and 1.3160. No shorts for me until clear reversal in these areas. {image}



1.2960.

Next up 1.3160.
  • #538,954
  • Jul 29, 2020 2:57am Jul 29, 2020 2:57am
Quoting epzero
{quote} you haven't made a single dollar this month so why don't you stop posting this crap already?
calm down man,
you said you followed him and lost money and since you stopped making a profit.
do you take out the frustration you lost? You are responsible for the actions you take!
take responsibility and shut up already!
George will ignore him and the saga will be over already
  • #538,955
  • Jul 29, 2020 2:58am Jul 29, 2020 2:58am
Quoting Georginson
It will be quick and aggressive.

yep another quick aggressive move up.
might just see 1.30 today
in wondering about yourself, you forgot what you came here to be part of
  • #538,956
  • Jul 29, 2020 3:00am Jul 29, 2020 3:00am
Quoting knkie
{quote} yep another quick aggressive move up. might just see 1.30 today
3030-3050 will be nice
PA Return Today: na
  • #538,957
  • Jul 29, 2020 3:00am Jul 29, 2020 3:00am
Quoting knkie
{quote} yep another quick aggressive move up. might just see 1.30 today
aggression is for drop?

Could be.

My stop 2981
Intraday only.
  • #538,958
  • Jul 29, 2020 3:01am Jul 29, 2020 3:01am
Perhaps a quick pit stop on the way up?? We have 10 hrs until FOMC and anything can happen....
Attached Image (click to enlarge)
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Lost....
  • #538,959
  • Jul 29, 2020 3:03am Jul 29, 2020 3:03am
Quoting knkie
{quote} yep another quick aggressive move up. might just see 1.30 today
Not ruling 1.30 out mate. I stay put and wait
Data + Stat + Risk/Emotions Management
  • #538,960
  • Jul 29, 2020 3:04am Jul 29, 2020 3:04am
G/M.....nice run up off the asian lo/uptrend pullback lo @ 2912.....price now right at top of that prev 4hr sw hi zone to 2975 and a touch of the weekly asc channel top....touch too of Daily R1 @ 2976...above here and equalateral daily channel top @ 2980ish on this daily candle but that is subjective - some may have it already hit. 2991 is wkly R2 and 3018 is 76.4% of the longer term move 3516-1411. Daily is shown below.
Attached Image (click to enlarge)
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