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Cable Update (GBPUSD)

  • #453,281
  • Jun 26, 2017 2:27am Jun 26, 2017 2:27am
Quoting Ill-b-back
{quote} Scratch that, looking at daily PA, I don't think there is much left in the bullish tank. {image}
Nice little push north, Watching for PA signs to short
Come with me if you want to live....
  • #453,282
  • Jun 26, 2017 2:28am Jun 26, 2017 2:28am
Quoting elbert3
Watch around 2758 on 4 hour look left if .. if it holds then to on the Sunday long and then back to 2719 area
Hi man ,, watching 2780 ish ,, did peel a few off here tho
  • #453,283
  • Jun 26, 2017 2:32am Jun 26, 2017 2:32am

  1. Northern Ireland's Democratic Unionist Party leader Foster will be arriving in London today
  2. Further talks with PM May at 09.30 GMT

  1. Conservative party 317 seats, DUP 10 seats, majority 326
  2. Conservatives winning a majority = hard brexit
  3. Conservatives not winning a majority = soft brexit
  4. Conservatives + DUP = majority

  1. HSBC Brexometer Zones:
  2. 0 - 33: Nearly no Brexit. £$1.55
  3. 34 - 66: Soft Brexit. £$1.25~£$1.40
  4. 67 - 100: Hard Brexit. £$1.10

  1. DUP Needs Soft Brexit
  2. Northern Ireland more vulnerable than England to hard Brexit
  3. WTO tariff rates could cripple the province’s food industry
  4. 55 percent of Northern Ireland’s exports go to the EU

  1. Conservatives wish to maintain power
  2. Coalition between the DUP and Conservatives is the only way
  3. This Coalition increased chance of a soft Brexit
  4. Soft Brexit should be positive for the pound in the long-term.

  • #453,284
  • Jun 26, 2017 2:37am Jun 26, 2017 2:37am
Quoting nairate
Soft Brexit. $1.25~$1.40

Nearly, Soft, Hard Brexit differences are exactly 1500 ticks apart Lol
Wonder how they got these numbers.
  • #453,285
  • Jun 26, 2017 3:59am Jun 26, 2017 3:59am
Got one from 1.2745. Target 30 may be.
Attached Image (click to enlarge)
Click to Enlarge Name: g.JPG Size: 14 KB
  • #453,286
  • Jun 26, 2017 4:05am Jun 26, 2017 4:05am
Quoting Evan7
Got one from 1.2745. Target 30 may be. {image}
Out at 36.
  • #453,287
  • Jun 26, 2017 4:22am Jun 26, 2017 4:22am
According to the latest news. I assume that the price will move down to the point of 1.26881. And I guess that there is a possibility of a short rise to the point of 1.27809. And again it will continue descending downwards.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdh4.png Size: 40 KB
  • #453,288
  • Jun 26, 2017 5:14am Jun 26, 2017 5:14am
Quoting digger1
{quote} Hi man ,, watching 2780 ish ,, did peel a few off here tho
Hi Dig sorry but not posting much . And feel a bit free from it too . That 2758 area was a good call and also 2719 caught both of them up and down . Now which one will give way ? Hope your good . Regards B
  • #453,289
  • Jun 26, 2017 5:51am Jun 26, 2017 5:51am
Quoting Not-KPMG
{quote} Well, I'm not trading pound, definitely not buying it So yes I'm biased and sarcastic One should draw the line between long term trade and 1H trade, the latter could be more profitable if you have the time. ✌

This Evidence just to Inspire you only...

The GBP/USD pair is Not Difficult as you think



NOTE :
I never showed my Trading Proof. This Proof the Second time in 8 Years since I became a Member FF
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD Trade 2017-06-26.jpg Size: 182 KB
Always looking the GREAT, never left GOOD Point...
  • #453,290
  • Jun 26, 2017 6:04am Jun 26, 2017 6:04am
Quoting Tsar
{quote} This Evidence just to Inspire you only... The GBP/USD pair is Not Difficult as you think NOTE : I never showed my Trading Proof. This Proof the Second time in 8 Years since I became a Member FF {image}
hello tsar.
you use the technical analisys in your opearativity ?
  • #453,291
  • Jun 26, 2017 6:08am Jun 26, 2017 6:08am
Quoting 81raffae
{quote} hello tsar. you use the technical analisys in your opearativity ?
Off Course...

I use Manual Trade. And I never used Auto Trading (Robot) since I started Trade FX
Always looking the GREAT, never left GOOD Point...
  • #453,292
  • Jun 26, 2017 6:20am Jun 26, 2017 6:20am
Quoting Tsar
{quote} Off Course... I use Manual Trade. And I never used Auto Trading (Robot) since I started Trade FX
if i can ask you..what kind of instrument do you use ?
  • #453,293
  • Jun 26, 2017 7:00am Jun 26, 2017 7:00am
2735 watch that one
  • #453,294
  • Edited 2:36pm Jun 26, 2017 7:19am | Edited 2:36pm
2723 is a very high prob target GL
  • #453,295
  • Jun 26, 2017 7:27am Jun 26, 2017 7:27am
Quoting 81raffae
{quote} if i can ask you..what kind of instrument do you use ?
If you ask Now, I have a trouble explaining it

Due to the passage of my time Trade 8 years. I learned many TA (Technical Analysis):
Candle Signal, Chart Pattern, Support Resistance, Moving Average (MA), Supply Demand, Fibonacci, Murray Math, Zig Zag, Harmonic Pattern etc. A Partial Elliot Wave. And now I continued Study Gann more deeply...

But the First time I learned. I really do study the Support Resistance & Candle Signal in depth. This is Very Important to Basic Trade.
And then Learn to make Trend Lines Manually on the Chart & Study about Chart Pattern.
I learn gradually after mastering it and increase the amount of Tehnical Analysis. Because it has Advantages and Disadvantages of each.
Always looking the GREAT, never left GOOD Point...
  • #453,296
  • Jun 26, 2017 7:33am Jun 26, 2017 7:33am
Quoting Tsar
{quote} If you ask now, I have a trouble explaining it Due to the passage of my time Trade 8 years. I learned many TA (Technical Analysis): Candle Signal, Chart Pattern, Support Resistance, Moving Average (MA), Supply Demand, Fibonacci, Murray Math, Zig Zag, Harmonic Pattern etc. A Partial Elliot Wave. And now I continued Study Gann more deeply... But the First time I learned. I really do study the Support Resistance & Candle Signal in depth. This is Very Important to Basic Trade. And then Learn to make Trend Lines Manually on Chart...
ok thanks.
I'm trying to resume trading....
  • #453,297
  • Jun 26, 2017 7:36am Jun 26, 2017 7:36am
We may see a break soon from this 50 pip range.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 80 KB
  • #453,298
  • Edited 9:36am Jun 26, 2017 9:20am | Edited 9:36am
Cable in H1 Chart

The Cross Line with Arrow is Important to Watch and the Horizon Green Line as Neckline.
BLUE Box as Supply area & MAGENTA Box as Demand area.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Cable H1 Chart - Big 2017-06-26.jpg Size: 497 KB
Click to Enlarge Name: Cable H1 Chart - Small 2017-06-26.jpg Size: 558 KB
Always looking the GREAT, never left GOOD Point...
  • #453,299
  • Edited 9:36am Jun 26, 2017 9:24am | Edited 9:36am
Cable in H4 Chart

The Cross Line with Arrow is Important to Watch.
And the Horizon Green Line as Neckline.

BLUE Box as Supply area & MAGENTA Box as Demand area.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Cable H4 Chart - Big 2017-06-26.jpg Size: 562 KB
Click to Enlarge Name: Cable H4 Chart - Small 2017-06-26.jpg Size: 580 KB
Always looking the GREAT, never left GOOD Point...
  • #453,300
  • Jun 26, 2017 10:07am Jun 26, 2017 10:07am
GBP/USD bounced off from 1.2750 after forming a shooting star candlestick and a pair of spinning top candlesticks on the four-hour time-frame below that resistance. Next target is likely 1.2700 again so I shorted.
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