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Cable Update (GBPUSD)

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  • Post #453,641
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  • Jul 20, 2017 4:48am Jul 20, 2017 4:48am
  •  Not-KPMG
  • Joined Jun 2015 | Status: Member | 14,961 Posts
Quoting Violenteer
Disliked
Were the retail sales results leaked...
Ignored
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.
 
 
  • Post #453,642
  • Quote
  • Jul 20, 2017 5:05am Jul 20, 2017 5:05am
  •  Violenteer
  • | Joined Jan 2016 | Status: Member | 128 Posts
Quoting Violenteer
Disliked
Were the retail sales results leaked...
Ignored
Evidently not.
1
 
  • Post #453,643
  • Quote
  • Jul 20, 2017 6:06am Jul 20, 2017 6:06am
  •  sat007
  • | Joined Apr 2017 | Status: Member | 181 Posts
is it gonna go below 1.29.
 
 
  • Post #453,644
  • Quote
  • Jul 20, 2017 6:20am Jul 20, 2017 6:20am
  •  Trade-G
  • | Joined May 2016 | Status: Member | 2,277 Posts
Quoting sat007
Disliked
is it gonna go below 1.29.
Ignored
I shd think there should be some support around here at 1.2955 region
 
 
  • Post #453,645
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  • Jul 20, 2017 6:23am Jul 20, 2017 6:23am
  •  Mitpat474
  • | Joined Jul 2017 | Status: Member | 5 Posts
Bear in mind the dxy strength today
 
 
  • Post #453,646
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  • Jul 20, 2017 6:29am Jul 20, 2017 6:29am
  •  sat007
  • | Joined Apr 2017 | Status: Member | 181 Posts
temp to go long will wait till US session if it still drops.
 
 
  • Post #453,647
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  • Jul 20, 2017 7:14am Jul 20, 2017 7:14am
  •  Trade-G
  • | Joined May 2016 | Status: Member | 2,277 Posts
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
 
1
  • Post #453,648
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  • Jul 20, 2017 7:17am Jul 20, 2017 7:17am
  •  dweb
  • Joined May 2015 | Status: Member | 1,981 Posts
I unhooked my short for long
Attached Image
We err, and err, and err again, but less.
 
1
  • Post #453,649
  • Quote
  • Jul 20, 2017 7:20am Jul 20, 2017 7:20am
  •  Trade-G
  • | Joined May 2016 | Status: Member | 2,277 Posts
1.2940 average buying pressure support in the short term..... looking for a bounce from here X fingers
 
1
  • Post #453,650
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  • Jul 20, 2017 8:59am Jul 20, 2017 8:59am
  •  Trade-G
  • | Joined May 2016 | Status: Member | 2,277 Posts
Hmmm... 4 mins to the end of 4hrs chart 1.2960 region looks defended, higher timeframe up for the push next ? X fingers
 
 
  • Post #453,651
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  • Jul 20, 2017 9:19am Jul 20, 2017 9:19am
  •  Lock
  • Joined Apr 2012 | Status: Member | 8,327 Posts
Update.
Ubi maior minor cessat
 
 
  • Post #453,652
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  • Jul 20, 2017 10:02am Jul 20, 2017 10:02am
  •  Trade-G
  • | Joined May 2016 | Status: Member | 2,277 Posts
Exited all trades... time for bed.... best of luck those still in positions....
 
 
  • Post #453,653
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  • Jul 20, 2017 10:20am Jul 20, 2017 10:20am
  •  Trade-G
  • | Joined May 2016 | Status: Member | 2,277 Posts
Quoting Trade-G
Disliked
Exited all trades... time for bed.... best of luck those still in positions....
Ignored
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....
 
 
  • Post #453,654
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  • Jul 20, 2017 10:23am Jul 20, 2017 10:23am
  •  Trade-G
  • | Joined May 2016 | Status: Member | 2,277 Posts
As long as 1.2979 remains resistance its still bearish from M5 to H1
 
 
  • Post #453,655
  • Quote
  • Edited 11:09am Jul 20, 2017 10:51am | Edited 11:09am
  •  sat007
  • | Joined Apr 2017 | Status: Member | 181 Posts
1.299:-) hit the target.
 
 
  • Post #453,656
  • Quote
  • Jul 20, 2017 11:37am Jul 20, 2017 11:37am
  •  james1254
  • | Joined Sep 2015 | Status: Member | 1,232 Posts
1.3000 was a support level now it will become a resistance level. The pair is likely to bounce off from it.
 
 
  • Post #453,657
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  • Jul 21, 2017 1:11am Jul 21, 2017 1:11am
  •  Aleksbuk
  • Joined Jun 2016 | Status: Member | 3,003 Posts
Inserted Video
 
 
  • Post #453,658
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  • Jul 21, 2017 3:24am Jul 21, 2017 3:24am
  •  sat007
  • | Joined Apr 2017 | Status: Member | 181 Posts
looks like heading north!!
 
 
  • Post #453,659
  • Quote
  • Edited 5:53am Jul 21, 2017 3:41am | Edited 5:53am
  •  M.Gold
  • | Joined Jun 2017 | Status: Member | 68 Posts
Buy stop entry @ 1,30701
SL @ 1,29003
Expiry date 22.07.
 
 
  • Post #453,660
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  • Jul 21, 2017 4:58am Jul 21, 2017 4:58am
  •  sat007
  • | Joined Apr 2017 | Status: Member | 181 Posts
1.3 has hit is it reversal patter now?
 
 
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