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Cable Update (GBPUSD)

  • #464,221
  • Aug 30, 2018 3:24am Aug 30, 2018 3:24am
I bit concerned over a GBP rally "Pause" with Germany's finance minister conveying concerns over where there will be a withdraw agreement. Could see som profit taking of this latest Pound strength
“The most valuable commodity I know of is information”
  • #464,222
  • Aug 30, 2018 3:46am Aug 30, 2018 3:46am
Inside candle on the H1
  • #464,223
  • Aug 30, 2018 5:16am Aug 30, 2018 5:16am
Quoting thir13enth
{quote} Wah! Not back to 2870 as it will BE my open trades. But given this USDX attempting to fall below 95 is not a good sign for my shorts. We should see 2900 or even back to 3000-3060 if it it cannot hold. Even then, I won't still buy and will wait to start building small shorts around 3030. Doodle for thoughts, happy weekend!

Attached Image (click to enlarge)
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Wow that's a nice bull run last night. So... we're finally on above ^ levels ah.
That little devil on DXY looks controllable, EU's 1700 is also playing a role here.

Good luck!
  • #464,224
  • Aug 30, 2018 6:09am Aug 30, 2018 6:09am
lets see bears this time
strong or not?
just for a cup of coffee...
  • #464,225
  • Aug 30, 2018 6:14am Aug 30, 2018 6:14am
Quoting akim0895
lets see bears this time strong or not?
Started loading small shorts bud. normal lots reserve around 3060.

This should be free fall once 2980 is breached.
  • #464,226
  • Aug 30, 2018 6:16am Aug 30, 2018 6:16am
Closed EA short. Not very big, but still happy.
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Click to Enlarge Name: EURAUDM5.png Size: 42 KB
Intraday only.
  • #464,227
  • Aug 30, 2018 6:35am Aug 30, 2018 6:35am
Quoting thir13enth
{quote} Started loading small shorts bud. normal lots reserve around 3060. This should be free fall once 2980 is breached.
i concern too around 2970/80 mate
its can turn back from there
but hope free fall
just for a cup of coffee...
  • #464,228
  • Aug 30, 2018 6:48am Aug 30, 2018 6:48am
GU not likely to fall before American session on Friday.

However, EJ and EA are good sell in Frankfurt/London sessions on Friday.
Intraday only.
  • #464,229
  • Aug 30, 2018 7:07am Aug 30, 2018 7:07am
Quoting Trade-G
1.2985-68 will be the zone to watch for support. If solid like a rock then like what Nala says its crystal clear which way it will be going down
Seems still supported... lol
  • #464,230
  • Aug 30, 2018 7:12am Aug 30, 2018 7:12am
Quoting navk
GU not likely to fall before American session on Friday. However, EJ and EA are good sell in Frankfurt/London sessions on Friday.
EA! A good pair to short man! Currently traded at the important resistance. But im still waiting to make a move on this pair.
  • #464,231
  • Aug 30, 2018 7:31am Aug 30, 2018 7:31am
Quoting akim0895
{quote} i concern too around 2970/80 mate its can turn back from there but hope free fall
Saw that bounce and didn’t even touch 2980, pffft.
I’ll let these shorties live, safe as long as 3020 starts resisting from now.

I believe DXY has to reclaim 95 area soon, probably next week if not today.

Sleep for the meantime, lol.
  • #464,232
  • Aug 30, 2018 7:41am Aug 30, 2018 7:41am
At immediate trend line resistance, will there be a BO?
  • #464,233
  • Aug 30, 2018 3:03pm Aug 30, 2018 3:03pm
The pair is consolidating its gains whole day today, the possibility of an 'unprecedented deal' keep the Pound above 1.30 level. Brexit negotiation between Barnier and Raab continues tomorrow, I'm expecting high volatility.
  • #464,234
  • Aug 30, 2018 7:53pm Aug 30, 2018 7:53pm
Quoting Ksth
please buy more. i can add short =p
are you alive ? .... how many short order you have now ? .... please keep say "good luck" to yourself Mr.gamble man ... lol easy trade
  • #464,235
  • Aug 30, 2018 8:30pm Aug 30, 2018 8:30pm
today is end of month
be careful all️
just for a cup of coffee...
  • #464,236
  • Aug 30, 2018 8:41pm Aug 30, 2018 8:41pm
EA could be a short now. Shorted good.
Intraday only.
  • #464,237
  • Aug 30, 2018 10:31pm Aug 30, 2018 10:31pm
Quoting akim0895
today is end of month be careful all️
CAre to explain?
  • #464,238
  • Aug 30, 2018 10:34pm Aug 30, 2018 10:34pm
Profit booking today by Institutions, Hedge funds. And the theory is we need to follow them, but do it opposite way.
Intraday only.
  • #464,239
  • Aug 30, 2018 10:37pm Aug 30, 2018 10:37pm
Quoting navk
EA could be a short now. Shorted good.
Scratch win....
  • #464,240
  • Aug 30, 2018 10:41pm Aug 30, 2018 10:41pm
Quoting Trade-G
{quote} Scratch win....
May be yes.
Intraday only.
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