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Cable Update - Continued 44 replies

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Attachments: Cable Update (GBPUSD)
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Cable Update (GBPUSD)

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Quoting Theoak
{quote} If it breaks these 5 min low will be targeting 1.3148
Now I'm going long in at 1.3151 target 1.3223. This not a great set-up, as it is going against momentum, so only a small lot and a small stop loss!
Don't trade what you think. Just what you see!!!
1.2970 interesting level, hope see it soon
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Re-Ce-Han All Time Return: 90.6%
Quoting Theoak
{quote} Now I'm going long in at 1.3151 target 1.3223. This not a great set-up, as it is going against momentum, so only a small lot and a small stop loss!
me also reenter buy in these point as my marked area for bounce

let see if these work or break and continue downward

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"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
just becarefull on buying... when I see on H4 this is happenin... if it break the trend line or bounce back at orange line.. then SOUTH is where it goes.. or im wrong...hahaha
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Long in at 1.3168 target 1.3224
Don't trade what you think. Just what you see!!!
1.31460 plays a weak support, Resistance at 1.31900 seem to be active and if it stays same the break of the weak support might be imminent for possible move back down to the previous low there by opening the windows for the move near 1.3000. Breakout of 1.32100 will invalidate the bear claims.
Keep the Lights on then you can catch the rise from the dark.
Quoting ricmaj
1.31460 plays a weak support, Resistance at 1.31900 seem to be active and if it stays same the break of the weak support might be imminent for possible move back down to the previous low there by opening the windows for the move near 1.3000. Breakout of 1.32100 will invalidate the bear claims.

Why is 1.31460 playing shy here
Keep the Lights on then you can catch the rise from the dark.
all of the GBP pairs are about to buy big.
Confused right now!!
Quoting Learner-xx
all of the GBP pairs are about to buy big.
How do you know that?
Risk Management is of utmost importance!
Quoting Learner-xx
all of the GBP pairs are about to buy big.
Is that just a finger in the air or you got any reason behind the quote?
Golden opportunity to take 140 pips
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Quoting Moty
Golden opportunity to take 140 pips {image}
Thanks Moty, I will be watching Euro central bank announcement in an hour, before going on this trade.
Quoting Moty
Golden opportunity to take 140 pips {image}
Hello Moty please how do you mean
GREATEST WISDOM AND POSITIVE ENABLEMENT COMES FROM ALMIGHTY GOD
Price is trading from a peak Low. Usually it has to trade away from the peak for atleast 2-5 days, on perfect terms, 3 days. The case applies on GBPCHF, GBPJPY and GBPUSD. It's like on EURUSD which also has to rise one more time before it can drop, that is if it will ever drop, but if it will drop, they will use the news to gravitate high before they can apply the brakes on a peak high and continue with the drop. But since the London session had no news, all currencies would usually just chop around for the whole session. So it will become clear during the US session. Trade safe but knowing; (bias is to the upside)
Confused right now!!
Still no buy sjgnal from the mf
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Quoting RCtrader
{quote} How do you know that?
Price is trading from a peak Low. Usually it has to trade away from the peak for atleast 2-5 days, on perfect terms, 3 days. The case applies on GBPCHF, GBPJPY and GBPUSD. It's like on EURUSD which also has to rise one more time before it can drop, that is if it will ever drop, but if it will drop, they will use the news to gravitate high before they can apply the brakes on a peak high and continue with the drop. But since the London session had no news, all currencies would usually just chop around for the whole session. So it will become clear during the US session. Trade safe but knowing; (bias is to the upside)
Confused right now!!
Quoting Moty
Still no buy sjgnal from the mf {image}
Here's the signal
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Omg !!!!!!!
A minute ago i eas in a floating loss of 200 $
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the crooks are also at the euraud
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Quoting Learner-xx
Price is trading from a peak Low. Usually it has to trade away from the peak for atleast 2-5 days, on perfect terms, 3 days. The case applies on GBPCHF, GBPJPY and GBPUSD. It's like on EURUSD which also has to rise one more time before it can drop, that is if it will ever drop, but if it will drop, they will use the news to gravitate high before they can apply the brakes on a peak high and continue with the drop. But since the London session had no news, all currencies would usually just chop around for the whole session. So it will become clear...
Now im looking at the EURO pairs. There is a possibility that from here, it starts dropping. If not today, maybe tomorrow.. That's the spike I was waiting for on EURUSD.
Confused right now!!
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