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Cable Update (GBPUSD)

  • #541,861
  • Aug 10, 2020 9:47am Aug 10, 2020 9:47am
Quoting seincard
I can't trust this up ... maybe bull trap .. I prefer still wait ...
Batman trap
  • #541,862
  • Aug 10, 2020 10:07am Aug 10, 2020 10:07am
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,
I needed to take a step back today. With my prior post on the 28th of July, I remarked about possible Pound strength over the Euro. Are we perhaps seeing this materializing now? EurGbp has camped around this area for more than a week. Is it time for the Pound to decouple from the Euro? I got into a sell trade today With EG. I do believe that the Pound has much more room to move to the upside than the Euro.
Having said the triangle break out also got me into buy trades on GbpUsd with my sell trails taken out with small profits and opening buy trades.

Interesting times ahead.
Trade safe
Cheers.
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Trade to trade another day
  • #541,863
  • Aug 10, 2020 10:31am Aug 10, 2020 10:31am
that is only selling opportunity above 3100. Today.
Intraday only.
  • #541,864
  • Aug 10, 2020 10:33am Aug 10, 2020 10:33am

oppssst
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yes yes yes
  • #541,865
  • Aug 10, 2020 10:38am Aug 10, 2020 10:38am
Quoting BWilliam
{quote} That's why I asked you to watch your stoploss at 1.3101 earlier today during Asia market.
those short trades were closed already
Intraday only.
  • #541,866
  • Aug 10, 2020 10:58am Aug 10, 2020 10:58am
Quoting joesherwood
Gu flew gonna find it hard to trade this week, collected the puppy this weekend lots of time running to the back door from all the toilet going on inside once we get the training out the way I’m chilling wish green pips to all {image}
If you crate the puppy it will only pee when you take it out. I taught my dog to poop in the street by not allowing her feet to touch the ground outside her crate until she hit asphalt. Good luck to ya lol
Don't compare your trades to others. Most often the masses are the asses
  • #541,867
  • Aug 10, 2020 11:30am Aug 10, 2020 11:30am
hey guys back now, made good profit with aud
These candles is gbp are cooking something , recpecting trend line
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  • #541,868
  • Aug 10, 2020 11:35am Aug 10, 2020 11:35am
On my chart, the USD index seems to be in an uptrend.
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  • #541,869
  • Aug 10, 2020 11:38am Aug 10, 2020 11:38am
If this can push up a little more, there is potential of a nice bull run!!!!
Don't trade what you think. Just what you see!!!
  • #541,870
  • Aug 10, 2020 11:40am Aug 10, 2020 11:40am
Quoting ServerUang
On my chart, the USD index seems to be in an uptrend. {image}
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yes yes yes
  • #541,871
  • Aug 10, 2020 12:10pm Aug 10, 2020 12:10pm
Quoting ServerUang
On my chart, the USD index seems to be in an uptrend. {image}
so it means dollar will up ? nicee chart.

bagus gmbrnya...
  • #541,872
  • Aug 10, 2020 12:36pm Aug 10, 2020 12:36pm
Maybe an hour or two before entry for me

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Follow The Markets Structure - Patience and Discipline
  • #541,873
  • Aug 10, 2020 12:58pm Aug 10, 2020 12:58pm
Short in at 1.3071
out +5 pips
Don't trade what you think. Just what you see!!!
  • #541,874
  • Aug 10, 2020 1:06pm Aug 10, 2020 1:06pm
back in business
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yes yes yes
  • #541,875
  • Aug 10, 2020 1:20pm Aug 10, 2020 1:20pm
Last one..ima let it run a little more
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  • #541,876
  • Aug 10, 2020 1:35pm Aug 10, 2020 1:35pm
Quoting HBN08
Last one..ima let it run a little more {image}
Closed
  • #541,877
  • Aug 10, 2020 1:52pm Aug 10, 2020 1:52pm
Quoting HBN08
Last one..ima let it run a little more {image}
Looking to 1.2959 first this week .
  • #541,878
  • Aug 10, 2020 1:57pm Aug 10, 2020 1:57pm
Quoting Sami83
{quote} Looking to 1.2959 first this week .
Yep very possible numbers
  • #541,879
  • Aug 10, 2020 2:19pm Aug 10, 2020 2:19pm
Quoting HBN08
{quote} Yep very possible numbers
Really could do with some bad uk numbers, Like GDP
  • #541,880
  • Aug 10, 2020 2:23pm Aug 10, 2020 2:23pm
Britain’s economy will be officially declared in recession this week for the first time since the 2008 financial crisis, as the coronavirus outbreak plunges the country into the deepest slump on record.
Figures from the Office for National Statistics on Wednesday are expected to show that gross domestic product (GDP), the broadest measure of economic prosperity, fell in the three months to June by 21%.
Follow The Markets Structure - Patience and Discipline
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