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Cable Update (GBPUSD)

  • #539,441
  • Jul 30, 2020 6:15am Jul 30, 2020 6:15am
Quoting navk
it should eventually break 3010 today to test 3035 or above. IMO. No need to follow this advice. For others.
1.3035 first tgt for me

green pips
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #539,442
  • Jul 30, 2020 6:15am Jul 30, 2020 6:15am
Quoting Moty
moment of truth {image} {image}
Moty, based on your chart posted, what is your signal for shorting?
  • #539,443
  • Jul 30, 2020 6:17am Jul 30, 2020 6:17am
Quoting Neil0163
{quote} 1.3000 profit taking instituional level "GU was never going to get further than 1.3000" now sat at 1.30135 let me guess profit taking? cheers good day to you my friend. "the joke who got his ASS OWNED" "the banker" {image}
I have noticed this a lot with GBPUSD.
It seems to leave the real support area alone for a while and create a new "false bottom".
It then breaks though this false bottom and portray itself as a bearish breakout, only to produce liquidity for more buy orders off the real bottom formed a while ago.
Compulsions can be hard to resist
  • #539,444
  • Jul 30, 2020 6:17am Jul 30, 2020 6:17am
The month want to close high and bullish
Le$$ I$ More
  • #539,445
  • Jul 30, 2020 6:18am Jul 30, 2020 6:18am
Quoting Moty
moment of truth {image} {image}
bro your hour one system tells you to take long why do you go against it?..i just ask cause i care of you not for insult issue
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take care bro
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #539,446
  • Jul 30, 2020 6:19am Jul 30, 2020 6:19am
Quoting trumps
{quote} I have noticed this a lot with GBPUSD. It seems to leave the real support area alone for a while and create a new "false bottom". It then breaks though this false bottom and portray itself as a bearish breakout, only to produce liquidity for more buy orders off the real bottom formed a while ago.
THIS!!!
great analysis buddy if only the rest of the shorters seen it this way but im not going to say much more as i get trolled. despite majority of my calls being on point.

good day to you my friend!

"the joke who got his ASS OWNED"
"the banker"
  • #539,447
  • Jul 30, 2020 6:19am Jul 30, 2020 6:19am
3033 coming up for intra dayers
Compulsions can be hard to resist
  • #539,448
  • Jul 30, 2020 6:22am Jul 30, 2020 6:22am
Quoting trumps
{quote} I have noticed this a lot with GBPUSD. It seems to leave the real support area alone for a while and create a new "false bottom". It then breaks though this false bottom and portray itself as a bearish breakout, only to produce liquidity for more buy orders off the real bottom formed a while ago.
thats the reason that i personally take longs on bearish close candles when the trend is up and vice versa i buy the fake and on down trend i sell the fake as well
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #539,449
  • Jul 30, 2020 6:23am Jul 30, 2020 6:23am
this trend is likely to end around 3035/45 today for correction.

IMO.

No need for others to follow this advice.

However, if the price goes to R2, forget correction.
Intraday only.
  • #539,450
  • Jul 30, 2020 6:23am Jul 30, 2020 6:23am
Quoting navk
it should eventually break 3010 today to test 3035 or above. IMO. No need to follow this advice. For others.
I have 3190 area weekly tl . Watch out for the boys . Lol
  • #539,451
  • Jul 30, 2020 6:25am Jul 30, 2020 6:25am
To whom it may concern (especially those who kept selling GU like there is no tomorrow) this bit of news may be your chance or reason for more pain.
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  • #539,452
  • Jul 30, 2020 6:27am Jul 30, 2020 6:27am
NY open may hold the price 3000 or 2990 for final push up
Intraday only.
  • #539,453
  • Jul 30, 2020 6:27am Jul 30, 2020 6:27am
Quoting trumps
3033 coming up for intra dayers
i dont want to be party pooper but you need to wait for this hour to close..
there is some problem aroud 3017
  • #539,454
  • Jul 30, 2020 6:30am Jul 30, 2020 6:30am
Quoting Neil0163
{quote} THIS!!! great analysis buddy if only the rest of the shorters seen it this way but im not going to say much more as i get trolled. despite majority of my calls being on point. good day to you my friend! "the joke who got his ASS OWNED" "the banker"
It does take patience and a trust in your instinct to see what is happening and wait for the demand to be hit.
I guess seeing the "false bottom" but not recognising it as such is the market plan to create panic (and liquidity) upon the bearish breakout
Attached Image (click to enlarge)
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Compulsions can be hard to resist
  • #539,455
  • Jul 30, 2020 6:32am Jul 30, 2020 6:32am
Quoting gatenio
{quote} i dont want to be party pooper but you need to wait for this hour to close.. there is some problem aroud 3017
That's ok, it's not my party you are pooping on.
I'm a longer term swing trader aiming for much, much higher.
My party is only just getting started since 1.25865.
Compulsions can be hard to resist
  • #539,456
  • Jul 30, 2020 6:33am Jul 30, 2020 6:33am
Quoting navk
NY open may hold the price 3000 or 2990 for final push up
where do you get this so meaningless and illogical information from?

with all due respect, and there is respect
  • #539,457
  • Jul 30, 2020 6:36am Jul 30, 2020 6:36am
Quoting gatenio
{quote} where do you get this so meaningless and illogical information from? with all due respect, and there is respect
whatever i post, it is for me only.

I get from my own analysis.
Intraday only.
  • #539,458
  • Jul 30, 2020 6:36am Jul 30, 2020 6:36am
Quoting trumps
{quote} It does take patience and a trust in your instinct to see what is happening and wait for the demand to be hit. I guess seeing the "false bottom" but not recognising it as such is the market plan to create panic (and liquidity) upon the bearish breakout {image}
carefull what you post, anything that make sense tends to get hated.

"the joke who got his ass owned"
"the banker"
  • #539,459
  • Jul 30, 2020 6:39am Jul 30, 2020 6:39am
Quoting navk
{quote} whatever i post, it is for me only. I get from my own analysis.
no bro.
i really want to know..
you say it a lot.. you guess what each market going to do.. base on? equities? i really want to learn.. im newbie.
  • #539,460
  • Jul 30, 2020 6:42am Jul 30, 2020 6:42am
Quoting gatenio
{quote} no bro. i really want to know.. you say it a lot.. you guess what each market going to do.. base on? equities? i really want to learn.. im newbie.
I am also newbie.

The years of experience taught me some...

Anyways, as I posted here many times, I use pivots, MA.

That is all.

For entries, I use Bolinger band.

Targets are r1.r2 etc.
Intraday only.
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