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Cable Update (GBPUSD)

  • #541,341
  • Aug 6, 2020 2:03pm Aug 6, 2020 2:03pm
Quoting Bones
not going there this month {quote}
yes, Bones I agree with you that 1.2750 is too low based on the current 4H chart (my best guesstimation).
Attached Image (click to enlarge)
Click to Enlarge Name: GU08.06.4H.png Size: 66 KB
Always trade your own plan...I don't provide trading signals.
  • #541,342
  • Aug 6, 2020 3:10pm Aug 6, 2020 3:10pm
Attached Image (click to enlarge)
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Quoting trumps
{quote} Daily bearish harmonic still in play I'm seeing the potential for 2775. This week needs to show some bearish hints for more confidence. It needs a bear day Friday.
H4 RSI and Stochastic showing us divergence.
Attached Image (click to enlarge)
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  • #541,343
  • Aug 6, 2020 3:15pm Aug 6, 2020 3:15pm
H4 False breakout
  • #541,344
  • Aug 6, 2020 3:32pm Aug 6, 2020 3:32pm
Daily closed under 3152. 161.8 still playing on key level
Attached Image (click to enlarge)
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  • #541,345
  • Aug 6, 2020 3:33pm Aug 6, 2020 3:33pm
gonna be bold put this in here see what happens tomorrow
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  • #541,346
  • Aug 6, 2020 4:16pm Aug 6, 2020 4:16pm
Gold gapped up. This should be fun...
Don't compare your trades to others. Most often the masses are the asses
  • #541,347
  • Aug 6, 2020 5:00pm Aug 6, 2020 5:00pm
I have set my target to 1.3791.
Preparing for take off..
When is NFP, last week?
  • #541,348
  • Aug 6, 2020 6:08pm Aug 6, 2020 6:08pm
Today my target bearish1st tp 30976
Attached Image (click to enlarge)
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  • #541,349
  • Aug 6, 2020 6:27pm Aug 6, 2020 6:27pm
Quoting KlifeFx
{quote} it's been a while marci how has the going been?
Hiii... Good.

I'm fine thank God.
  • #541,350
  • Aug 6, 2020 6:40pm Aug 6, 2020 6:40pm
USD showing hints of a decent retrace off support
Attached Images
Compulsions can be hard to resist
  • #541,351
  • Aug 6, 2020 7:01pm Aug 6, 2020 7:01pm
Quoting Marcieny
{quote} Hiii... Good. I'm fine thank God.
Very well then, nice to hear
Have a profitable day
  • #541,352
  • Aug 6, 2020 8:09pm Aug 6, 2020 8:09pm
USD seems to fight ... but who knows
not euphoria follower
  • #541,353
  • Aug 6, 2020 8:20pm Aug 6, 2020 8:20pm
descending trend line is respected
yesterday low is broken
daily open is below daily pivot
dx is almost broke yesterday low.
i am an idiot with a profit , not in gu but in eu the smae thing ,, i am short there .
conclusion - down down and below
Attached Image(s) (click to enlarge)
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yes yes yes
  • #541,354
  • Aug 6, 2020 8:23pm Aug 6, 2020 8:23pm
i am short GU at 1.3112

target minimum 1.3055 but maybe more depend on the market but for the H&S pattern the target is 1.305x
  • #541,355
  • Aug 6, 2020 8:35pm Aug 6, 2020 8:35pm
the price now at S1.

EXPECT a small pull back close to pivot and then down again today to s2 or more
Intraday only.
  • #541,356
  • Aug 6, 2020 8:39pm Aug 6, 2020 8:39pm
Quoting msniper
i am short GU at 1.3112 target minimum 1.3055 but maybe more depend on the market but for the H&S pattern the target is 1.305x
Yup, I joined you there at 3138, 3141 off that there weekly trend line.

looks like we got us a convoy
Inserted Video
Attached Image (click to enlarge)
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Compulsions can be hard to resist
  • #541,357
  • Aug 6, 2020 8:47pm Aug 6, 2020 8:47pm
Quoting MieYhR
My analysis for cable. EURUSD is similar as well. I'm new to Elliot wave and I went live march 2020 so take with a grain of salt {image}
My psychology is the main thing holding me back right now. Made my analysis and exit cable and eurusd out of fear because EURUSD did something odd. It's all good though you live and you learn.
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  • #541,358
  • Aug 6, 2020 9:05pm Aug 6, 2020 9:05pm
TOOK the sell waiting for NFP...
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Le$$ I$ More
  • #541,359
  • Aug 6, 2020 9:51pm Aug 6, 2020 9:51pm
Attached Image (click to enlarge)
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yes yes yes
  • #541,360
  • Aug 6, 2020 9:53pm Aug 6, 2020 9:53pm
Quoting seincard
set buy limit order @1.3105


morning ...

closed +11 pips

waiting for close h1
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