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Cable Update (GBPUSD)

  • #453,361
  • Jun 28, 2017 11:56am Jun 28, 2017 11:56am
Quoting amonshi
{quote} I was following that bank, moved my sl a little now my short still there lol

Great, gotta be flexible.
"All the money is made between the lines"
  • #453,362
  • Jun 28, 2017 5:52pm Jun 28, 2017 5:52pm
Awesome, it has gone up. Next resistance 1.3, then 1.35.
"Don't lose your cool, and you will fare well".
  • #453,363
  • Jun 28, 2017 6:14pm Jun 28, 2017 6:14pm
It now looks like the bulls are trying for the monthly high, consolidating just below the average high allowing the current average time to catch up.

I would like to see the bulls find another support before taking on the next resistance levels. The big push yesterday was preceded by supports on the 15 and 30 min charts, 5 hours before the push.

Again we may have to wait for the Euro session and hopefully the setup will be made by then.
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  • #453,364
  • Jun 28, 2017 9:13pm Jun 28, 2017 9:13pm
H1
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if you my trade,My-post analysis, subscribed to ME
  • #453,365
  • Jun 28, 2017 10:24pm Jun 28, 2017 10:24pm
Just went short at the beginning of the hour @ 1.29608. 1 hour chart just made a double top with doji's. I know this is against all the trends but 1, the 7 day candle chart. The 200 HMA on it is still red, indicating a downtrend? All constructive critiques are welcome as just began trading forex 2 months ago.
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  • #453,366
  • Jun 29, 2017 12:27am Jun 29, 2017 12:27am
Inserted Video
  • #453,367
  • Jun 29, 2017 2:17am Jun 29, 2017 2:17am
First trade this morning
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  • #453,368
  • Jun 29, 2017 3:28am Jun 29, 2017 3:28am
Quoting nesta
H1 {image}
if you my trade,My-post analysis, subscribed to ME
  • #453,369
  • Jun 29, 2017 4:06am Jun 29, 2017 4:06am
Quoting Ill-b-back
{quote} Yeah, back to ol' support and resistance {image} {image}
upward to 3072 next target I should think
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Come with me if you want to live....
  • #453,370
  • Jun 29, 2017 4:09am Jun 29, 2017 4:09am
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if you my trade,My-post analysis, subscribed to ME
  • #453,371
  • Jun 29, 2017 4:30am Jun 29, 2017 4:30am
Boom 1.30 Target hit what now, 1.32 in July British tourists need more value for their pounds
  • #453,372
  • Jun 29, 2017 4:47am Jun 29, 2017 4:47am
This is where the shorts get trapped? (1.2960?)
"All the money is made between the lines"
  • #453,373
  • Jun 29, 2017 4:53am Jun 29, 2017 4:53am
Wow, what is happening to this pair?! It is like the Global Financial Crisis but upwards!!

Aren't all the things that drove the price down over the last couple of weeks still all true? I don't think I will ever understand the craziness that is Forex I am afraid!
  • #453,374
  • Jun 29, 2017 5:12am Jun 29, 2017 5:12am
1.2930 on the way
  • #453,375
  • Jun 29, 2017 5:18am Jun 29, 2017 5:18am
Quoting Test10
This is where the shorts get trapped? (1.2960?)
Come with me if you want to live....
  • #453,376
  • Jun 29, 2017 5:27am Jun 29, 2017 5:27am
Quoting Ill-b-back
{quote}
Most likely positive news on GBP happening in a 10 min on Bloomberg TV. (source: Financialjuice.com) We'll see, I'm ready to take Friday off!
"All the money is made between the lines"
  • #453,377
  • Jun 29, 2017 5:35am Jun 29, 2017 5:35am
Quoting Test10
{quote} Most likely positive news on GBP happening in a 10 min on Bloomberg TV. (source: Financialjuice.com) We'll see, I'm ready to take Friday off!
which news ? eco calendar has not lined up anything
  • #453,378
  • Jun 29, 2017 5:47am Jun 29, 2017 5:47am
Quoting Noob Trader
{quote} which news ? eco calendar has not lined up anything

Here you go. Time stamp on it. Few minutes ago.
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"All the money is made between the lines"
  • #453,379
  • Jun 29, 2017 9:05am Jun 29, 2017 9:05am
Quoting nairate
Northern Ireland's Democratic Unionist Party leader Foster will be arriving in London today Further talks with PM May at 09.30 GMT...

  1. Caught 250 pips on the way up from monday, closed all.
  2. Went short at 1.3, this number is a magnet
  3. I believe the current upward movement is completed (this week)
  4. SL at 1.3060, close before NFP

  • #453,380
  • Jun 29, 2017 12:29pm Jun 29, 2017 12:29pm
thanks cable i gained from you this week 804%


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