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Cable Update (GBPUSD)

  • #453,981
  • Aug 8, 2017 1:51am Aug 8, 2017 1:51am
I have a few other supports ahead of 1.2918, but its the one I like best today for some longs...
Attached Image (click to enlarge)
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Look Sharp/Trade Tight
  • #453,982
  • Aug 8, 2017 5:17am Aug 8, 2017 5:17am
This is kinda sleepy hollow 2nd day in the row
  • #453,983
  • Aug 8, 2017 5:29am Aug 8, 2017 5:29am
Good to point this out mate! However, the major technical outlook is bearish and has been so for a while in spite of the range trading.

Trade safe and prosper.

KP

Quoting csc2009
Over the weekend, news showing UK is prepared to pay up to 40 billion divorce bill. The uncertainty around Brexit negotiation bring the pair towards the downside and found support level at 1.3000.
Do your homework, follow the footprints of smart money
  • #453,984
  • Aug 8, 2017 7:13am Aug 8, 2017 7:13am
1.3017 the line to bear territory
  • #453,985
  • Aug 8, 2017 7:24am Aug 8, 2017 7:24am
The price is currently testing support. And if it breaks the support, it will go to the point of 1.29983 and lower to the point of 1.29561. And if not, it will move to the 1.30909 point.
Attached Image (click to enlarge)
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  • #453,986
  • Aug 8, 2017 9:05am Aug 8, 2017 9:05am
hit 1.29 I wonder it would go 1.28!
  • #453,987
  • Aug 8, 2017 9:50am Aug 8, 2017 9:50am
Looks like 2917 on the 1 hour chart
  • #453,988
  • Aug 8, 2017 10:00am Aug 8, 2017 10:00am
Quoting sat007
hit 1.29 I wonder it would go 1.28!
Breaking 1.2960 zone likely to see 1.2914-1.2811, breakdown TP for daily
  • #453,989
  • Aug 8, 2017 10:36am Aug 8, 2017 10:36am
h4
Attached Image (click to enlarge)
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if you my trade,My-post analysis, subscribed to ME
  • #453,990
  • Aug 8, 2017 11:22am Aug 8, 2017 11:22am
Hit a strong resistance turn support, pullback is likely on the M5 although no strong reversal its on an up push, it may be a slow brew upwards until such time, it will have to decide for a strong push up or a drop... tight stops pls...
  • #453,991
  • Aug 8, 2017 2:03pm Aug 8, 2017 2:03pm
Quoting elbert3
{image} 3055 ? Short ??
On the nose it took some time though
  • #453,992
  • Aug 8, 2017 2:28pm Aug 8, 2017 2:28pm
Quoting elbert3
{quote} On the nose it took some time though
Wouldnt be suprised to see that 55 area again man ,,,,,, quarterly open could give a nice little scalp towards the low again , but would be watching for a pop above that , bit of a head and shoulder pattern on daily with the neckline being around quarterly open , time will tell , cheers, hope all is well with you bud.
Attached Image (click to enlarge)
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  • #453,993
  • Aug 8, 2017 3:27pm Aug 8, 2017 3:27pm
h4
Attached Image (click to enlarge)
Click to Enlarge Name: h4.png Size: 30 KB
if you my trade,My-post analysis, subscribed to ME
  • #453,994
  • Aug 8, 2017 3:54pm Aug 8, 2017 3:54pm
Quoting digger1
{quote} Wouldnt be suprised to see that 55 area again man ,,,,,, quarterly open could give a nice little scalp towards the low again , but would be watching for a pop above that , bit of a head and shoulder pattern on daily with the neckline being around quarterly open , time will tell , cheers, hope all is well with you bud. {image}
hi Dig you have been a bit like me all work and not much posting . Let's see this 2992 short this will be 3 out of 3 if it comes off . Regards B
  • #453,995
  • Aug 8, 2017 3:58pm Aug 8, 2017 3:58pm
Looking for continuation price action on the lower time frames at this line drawn on H4.

H4
Attached Image (click to enlarge)
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  • #453,996
  • Aug 8, 2017 3:58pm Aug 8, 2017 3:58pm
Quoting digger1
{quote} Wouldnt be suprised to see that 55 area again man ,,,,,, quarterly open could give a nice little scalp towards the low again , but would be watching for a pop above that , bit of a head and shoulder pattern on daily with the neckline being around quarterly open , time will tell , cheers, hope all is well with you bud. {image}
Attached Image (click to enlarge)
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can't draw the lines on the phone but see the breakout on the 2 tails to the left
  • #453,997
  • Aug 8, 2017 4:00pm Aug 8, 2017 4:00pm
Quoting elbert3
{quote} {image} can't draw the lines on the phone but see the breakout on the 2 tails to the left
Attached Image (click to enlarge)
Click to Enlarge Name: IMG_0882.PNG Size: 60 KB
4 hour
  • #453,998
  • Aug 8, 2017 5:24pm Aug 8, 2017 5:24pm
Quoting elbert3
{quote} hi Dig you have been a bit like me all work and not much posting . Let's see this 2992 short this will be 3 out of 3 if it comes off . Regards B
Yea , that time of year and bout to get busier lol,,, Im waiting for a poke to 3020ish if I get a chance ,, if it starts before that Ill find a place to take a swing
  • #453,999
  • Aug 8, 2017 7:41pm Aug 8, 2017 7:41pm
Quoting Nala66
Looks like 2917 on the 1 hour chart
Still waiting....
  • #454,000
  • Aug 9, 2017 12:20am Aug 9, 2017 12:20am
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