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Cable Update (GBPUSD)

  • #453,641
  • Jul 20, 2017 3:48am Jul 20, 2017 3:48am
Quoting Violenteer
Were the retail sales results leaked...
Yes. i think i see indication for this.
But more to the point - the big players decided to short this morning!!!
Small guys buy....

So what do i do
Beware of robber banks (RB), bad advisors.
  • #453,642
  • Jul 20, 2017 4:05am Jul 20, 2017 4:05am
Quoting Violenteer
Were the retail sales results leaked...
Evidently not.
  • #453,643
  • Jul 20, 2017 5:06am Jul 20, 2017 5:06am
is it gonna go below 1.29.
  • #453,644
  • Jul 20, 2017 5:20am Jul 20, 2017 5:20am
Quoting sat007
is it gonna go below 1.29.
I shd think there should be some support around here at 1.2955 region
  • #453,645
  • Jul 20, 2017 5:23am Jul 20, 2017 5:23am
Bear in mind the dxy strength today
  • #453,646
  • Jul 20, 2017 5:29am Jul 20, 2017 5:29am
temp to go long will wait till US session if it still drops.
  • #453,647
  • Jul 20, 2017 6:14am Jul 20, 2017 6:14am
1.2930 region immediate expansion target reached which is also an important support region, we should see some reaction from here, otherwise.... hope to see 1min downtrendline overcome for more upside
  • #453,648
  • Jul 20, 2017 6:17am Jul 20, 2017 6:17am
I unhooked my short for long
Attached Image
We err, and err, and err again, but less.
  • #453,649
  • Jul 20, 2017 6:20am Jul 20, 2017 6:20am
1.2940 average buying pressure support in the short term..... looking for a bounce from here X fingers
  • #453,650
  • Jul 20, 2017 7:59am Jul 20, 2017 7:59am
Hmmm... 4 mins to the end of 4hrs chart 1.2960 region looks defended, higher timeframe up for the push next ? X fingers
  • #453,651
  • Jul 20, 2017 8:19am Jul 20, 2017 8:19am
Update.
Ubi maior minor cessat
  • #453,652
  • Jul 20, 2017 9:02am Jul 20, 2017 9:02am
Exited all trades... time for bed.... best of luck those still in positions....
  • #453,653
  • Jul 20, 2017 9:20am Jul 20, 2017 9:20am
Quoting Trade-G
Exited all trades... time for bed.... best of luck those still in positions....
Actually the H4 chart looks pretty bearish, the only reason to test the bearish long down candle is to test the resistance level.. there is a gap at 1.307 region....
  • #453,654
  • Jul 20, 2017 9:23am Jul 20, 2017 9:23am
As long as 1.2979 remains resistance its still bearish from M5 to H1
  • #453,655
  • Edited 10:09am Jul 20, 2017 9:51am | Edited 10:09am
1.299:-) hit the target.
  • #453,656
  • Jul 20, 2017 10:37am Jul 20, 2017 10:37am
1.3000 was a support level now it will become a resistance level. The pair is likely to bounce off from it.
  • #453,657
  • Jul 21, 2017 12:11am Jul 21, 2017 12:11am
Inserted Video
  • #453,658
  • Jul 21, 2017 2:24am Jul 21, 2017 2:24am
looks like heading north!!
  • #453,659
  • Edited 4:53am Jul 21, 2017 2:41am | Edited 4:53am
Buy stop entry @ 1,30701
SL @ 1,29003
Expiry date 22.07.
  • #453,660
  • Jul 21, 2017 3:58am Jul 21, 2017 3:58am
1.3 has hit is it reversal patter now?
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