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Cable Update (GBPUSD)

  • #539,361
  • Jul 30, 2020 3:49am Jul 30, 2020 3:49am
Quoting Wavegarrick
{quote} Hi Guys, Interesting times. GU has finally made it to my yearly pivot at 1.2908 and currently above at 1.29469. Could we be in for a new bullish cycle? Interestingly EurUsd is at my yearly med resistance 2 at 1.1742. Eurgbp is currently coming off my yearly res 1 at 0.9103. Simple analytics tell me that that the pound could strengthen over the Euro in the near future and the pound has lagged behind up to now. Anyway, the proof will be in the pudding over the next few weeks. I hold onto my buy positions. Cheers. {image}
Hi Guys,

As mentioned in my previous post. Some early signs that the pound is gaining strength over the euro with EurGbp coming off my yearly res 1 at 0.9103.

Cheers.
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Trade to trade another day
  • #539,362
  • Jul 30, 2020 3:49am Jul 30, 2020 3:49am
Fundamentals looks bad, covid is rising and market freak out
How are you guys?
  • #539,363
  • Jul 30, 2020 3:52am Jul 30, 2020 3:52am
Quoting Moty
The drop is coming {image}
Attachment g
  • #539,364
  • Jul 30, 2020 3:53am Jul 30, 2020 3:53am
Quoting navk
{quote} I will short below 2970 which is pivot. 2980 is not a number to me for short.

i want to believe 29500 is ideal if price can go below for shorts
Keep the Lights on then you can catch the rise from the dark.
  • #539,365
  • Jul 30, 2020 3:53am Jul 30, 2020 3:53am
Quoting Wavegarrick
{quote} Hi Guys, As mentioned in my previous post. Some early signs that the pound is gaining strength over the euro with EurGbp coming off my yearly res 1 at 0.9103. Cheers. {image}
There's no fundamentals supporting the pound. What you see on charts is what played out in the real world first...news and economic data precedes any chart.

Guz
Charts don't drive price, market conditions drive price...
  • #539,366
  • Jul 30, 2020 3:58am Jul 30, 2020 3:58am
There there there. One day you will be a red diamond with a trade explorer. I promise one day GBPUSD will go down and you will be a hero
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  • #539,367
  • Jul 30, 2020 4:01am Jul 30, 2020 4:01am
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the tec is not right on the ball . Back into 5 min cross . But that horizontal blue lines going to be left there for now
  • #539,368
  • Jul 30, 2020 4:01am Jul 30, 2020 4:01am
waiting 3030..
️
just for a cup of coffee...
  • #539,369
  • Jul 30, 2020 4:07am Jul 30, 2020 4:07am
Quoting Guztro
{quote} There's no fundamentals supporting the pound. What you see on charts is what played out in the real world first...news and economic data precedes any chart. Guz
Hi Guz,
Not sure why you are bringing fundamentals into the picture. I don't trade news and economic data. To be honest, if I worried about it I would never trade. Cycles are more important to me.
Cheers.
Trade to trade another day
  • #539,370
  • Jul 30, 2020 4:07am Jul 30, 2020 4:07am
evening star in the making
s&p dropped 40 points and gold 30 points , but gu and eu stand still , realy annoying
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yes yes yes
  • #539,371
  • Jul 30, 2020 4:08am Jul 30, 2020 4:08am
Quoting Wavegarrick
{quote} Hi Guz, Not sure why you are bringing fundamentals into the picture. I don't trade news and economic data. To be honest, if I worried about it I would never trade. Cycles are more important to me. Cheers.
Cycles don't drive the markets, economic data does. But, each to his own.

Guz
Charts don't drive price, market conditions drive price...
  • #539,372
  • Jul 30, 2020 4:11am Jul 30, 2020 4:11am
Quoting Moty
evening star in the making s&p dropped 40 points and gold 30 points , but gu and eu stand still , realy annoying {image}
yeah, a bit like your posts, complete drivel
  • #539,373
  • Jul 30, 2020 4:15am Jul 30, 2020 4:15am
Quoting Moty
evening star in the making s&p dropped 40 points and gold 30 points , but gu and eu stand still , realy annoying {image}
Hai Moty...
can I borrow your hammer ? I need it...
  • #539,374
  • Jul 30, 2020 4:15am Jul 30, 2020 4:15am
Quoting akim0895
waiting 3030.. ️
a simple trend indicator .... AKIM ...
  • #539,375
  • Jul 30, 2020 4:16am Jul 30, 2020 4:16am
Quoting Moty
evening star in the making s&p dropped 40 points and gold 30 points , but gu and eu stand still , realy annoying {image}
Why moty u keep saw it going down? Can advise? I just see it going to break 1.302 area or higher. Final tp @1.3277 before consider short this pair.
  • #539,376
  • Jul 30, 2020 4:16am Jul 30, 2020 4:16am
Quoting akim0895
waiting 3030.. ️
1.3077 caught my eye.. If shorts will ever get a chance, it’s at that level.. having said that, I am anticipating a daily shooting star..

let’s see ..
BTW, I and a few members could use some Popcorn
  • #539,377
  • Jul 30, 2020 4:19am Jul 30, 2020 4:19am
Quoting ServerUang
{quote} Hai Moty... can I borrow your hammer ? I need it...
last I checked, your nick name is not Joseph so I have no idea you took lessons on carpentry ..

the main question is, what are you doing with a hammer?

SS
  • #539,378
  • Jul 30, 2020 4:23am Jul 30, 2020 4:23am
Quoting ServerUang
{quote} Hai Moty... can I borrow your hammer ? I need it...
Attached Image (click to enlarge)
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yes yes yes
  • #539,379
  • Jul 30, 2020 4:32am Jul 30, 2020 4:32am
Quoting mkvy
{quote} I must admit, this forum is for entertainment only. Trading is a lonely business for many especially during these times. and BOY! is this forum entertaining
lol ye i agree !
in wondering about yourself, you forgot what you came here to be part of
  • #539,380
  • Jul 30, 2020 4:33am Jul 30, 2020 4:33am
Quoting trumps
{quote} However, it has very little to do with what is posted by others in here, and more as a result of distracting myself with chatter
yes thats it
in wondering about yourself, you forgot what you came here to be part of
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