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Cable Update (GBPUSD)

  • #603,721
  • Jun 18, 2021 8:41am Jun 18, 2021 8:41am
Quoting navk
3831/30 on cards tonight before NY close
Done. Hope it doesn't fall more today
  • #603,722
  • Jun 18, 2021 8:42am Jun 18, 2021 8:42am
wow bear...

3800.. 3750-60 .. ?
Trade with prediction = witch with her visions lol
  • #603,723
  • Jun 18, 2021 8:42am Jun 18, 2021 8:42am
Quoting Nd10
{quote} Me need am walahi. E be tinz for me
Asin, I fit relate badly bro.
I sha believe say anything wey go down, e still dey go up.
  • #603,724
  • Jun 18, 2021 8:42am Jun 18, 2021 8:42am
Quoting BeeTogether
This bitch just won’t let up…
The tables will be turned soon. When a strong move like this happens, it's usually followed by a strong correction. This price action is clearly abnormal. It's got Bitcoin volatility vibes all over it!
Learn from your mistakes and march on.
  • #603,725
  • Jun 18, 2021 8:44am Jun 18, 2021 8:44am
Quoting Ehsank78
{quote} Done. Hope it doesn't fall more today
3830, one can buy.

IMO
Intraday only.
  • #603,726
  • Jun 18, 2021 8:46am Jun 18, 2021 8:46am
I wouldn't touch this beast for a buy until a minimum of 1.3790... my 2 cents!
  • #603,727
  • Jun 18, 2021 8:47am Jun 18, 2021 8:47am
Quoting Pat Chiko
{quote} Still no Idea ?. Ask yourself a question Who is Buying and Who is Selling. And WHY ? Tell your self a story from this two scenario. You may ended up , not wanting to take a trade until all are clearer. Good luck on Friday. BTW Friday is the only day they want to take your money to go to Pub. Don't believe me ?. Ask Waveskierrob. He's the Master in art of Friday deceiving.
I'm BUYING and I'm SELLING, no atmos in the pubs anymore , prefer to drink at home, away next week so won't be posting as much, I can hear the cheers through the keyboard already
  • #603,728
  • Jun 18, 2021 8:48am Jun 18, 2021 8:48am
Quoting Bones
so down another 90 pips today ,you can't change this weekly it will close bearish... what I'm saying then is all buys will fail maybe the $ is the clearer chart {image} {image}

So you can see any up is sold ,but its much clearer that will happen higher TF up
the weekly will close bearish ,the monthly can be read already
you cannot change it
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Attached Image
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #603,729
  • Jun 18, 2021 8:50am Jun 18, 2021 8:50am
I think we have reached the bottom for today and for the week. I’m long at 1.3838 Target 1.3905 SL 1.3820
Attached Image (click to enlarge)
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Did you place your stop loss order? Why not?!? Story of my life...
  • #603,730
  • Jun 18, 2021 8:55am Jun 18, 2021 8:55am
Does anyone think we will see a 1.41 ever this month, before any further down?
  • #603,731
  • Jun 18, 2021 8:58am Jun 18, 2021 8:58am
Like some one is going on Piii in daily chart.. free fall no barier
  • #603,732
  • Jun 18, 2021 9:01am Jun 18, 2021 9:01am
Quoting IBabyTrader
Does anyone think we will see a 1.41 ever this month, before any further down?
1.4050 still possible.mybe max in that lavel.
  • #603,733
  • Jun 18, 2021 9:03am Jun 18, 2021 9:03am
Quoting coyoteuglyxxx
I think we have reached the bottom for today and for the week. I’m long at 1.3838 Target 1.3905 SL 1.3820 {image}
Nice box
  • #603,734
  • Jun 18, 2021 9:04am Jun 18, 2021 9:04am
Based on the efforts of all the friends in this forum, I would like to do something.
I have been developing a dashboard for a long time, but it is not complete yet.
If you are interested, check it out but do not trade with real account.
There are still many problems. I put good warnings in it.
Like news and events
Support and resistance zones
Pivots
Divergences
It will definitely not be useful for those friends who work professionally.
But you may suggest that I add a change and it will be a useful tool for all of us.
I repeat again. Do not use this dashboard for trading with real money.
Attached Image (click to enlarge)
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Attached File(s)
File Type: ex4 Arian Dashboard Control v27.2.ex4   551 KB | 268 downloads
success comes from finding win-win solutions
  • #603,735
  • Jun 18, 2021 9:06am Jun 18, 2021 9:06am
This looks like a major downpour.. no real support from anywhere .. maybe 138 might hold
Insane in the Brain..
  • #603,736
  • Jun 18, 2021 9:17am Jun 18, 2021 9:17am
Quoting BeeTogether
This looks like a major downpour.. no real support from anywhere .. maybe 138 might hold
I'd put my fish net at 1.37146 area.. Maybe a bit of bounce there but I have no business with buy till lower levels.
  • #603,737
  • Jun 18, 2021 9:22am Jun 18, 2021 9:22am
Quoting navk
{quote} 3830, one can buy. IMO
I think we still have to wait a little price needs to get to 1.380 first
  • #603,738
  • Edited 9:58am Jun 18, 2021 9:26am | Edited 9:58am
Quoting BeeTogether
This looks like a major downpour.. no real support from anywhere .. maybe 138 might hold
Definitely. After a month of distribution we are seeing a major markdown and apart from some pullbacks I think it is more likely the next piece of structure will be an accumulation range before we see any kind of markup.
I love the bear market but wary of pivot points forming after such an extended move, which should introduce the range and trap both bulls and bears. Anything could happen though!
  • #603,739
  • Jun 18, 2021 9:52am Jun 18, 2021 9:52am
Quoting Wavegarrick
{quote} Hi Vince, Thanks so much for your view and support Bud, yes indeed we have been talking about this for some time now. Gu has been in an upward trajectory for almost 2 years without correcting. EurUsd has done that this year. The two will probably negatively correlate at some point for a period of time with the pound going into a significant weak spell. Combine that with Dollar strength which is due we could see a significant sell off in GbpUsd. Anyway just my point of view from a cyclic perspective, I would like to see Gu gravitate towards...
Hi Guys,
So far so good, just sitting back and enjoying the ride. Important levels coming up. Confluence levels of round number 1.38000 and 78.6% fib retrace at 1.37948. More importantly, is the monthly candle open for May at 1.38000 ish. These levels tend to have a strong reaction. Sitting back to see what happens here. Bears will want to capture 1.3800. but there could be some sort of retrace here. Possibly to 1.39000 before another try down.

Trade safe and have a great weekend.
Cheers.
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Trade to trade another day
  • #603,740
  • Jun 18, 2021 10:07am Jun 18, 2021 10:07am
13780 should be the limit today
Insane in the Brain..
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