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Cable Update (GBPUSD)

  • #454,141
  • Aug 21, 2017 10:59pm Aug 21, 2017 10:59pm
Quoting Nala66
The bulls found support yesterday on the 1 hour chart and have now found support on the 4 hour chart and almost straight away the bears said no no no
  • #454,142
  • Aug 21, 2017 11:00pm Aug 21, 2017 11:00pm
Quoting Nala66
The bulls found support yesterday on the 1 hour chart and have now found support on the 4 hour chart and almost straight away the bears said no no no
Its brewing , maybe today it pops
  • #454,143
  • Aug 21, 2017 11:03pm Aug 21, 2017 11:03pm
. i am at odds with that one. you could well be right, and the most likely scenario i see contains both.

think monday will be up, and will reverse (between 8990-9020) for continuation down. we will see.

open to both scenarios, up or down.
  • #454,144
  • Aug 22, 2017 12:19am Aug 22, 2017 12:19am
Well I got my 20 so it can go wherever it likes now
  • #454,145
  • Aug 22, 2017 12:48am Aug 22, 2017 12:48am
Inserted Video
  • #454,146
  • Aug 22, 2017 1:18am Aug 22, 2017 1:18am
short out at 1.2876

Reevaluation. A LOT of respect on 12h timeframe for this support
Attached Image (click to enlarge)
Click to Enlarge Name: 1.PNG Size: 88 KB


LONG 1.2883

This, ladies and gentlemen, looks like to be the bottom on a 12h timeframe.

I will keep adding long for every dip below 1.2880.
Let the market decide!
  • #454,147
  • Aug 22, 2017 1:53am Aug 22, 2017 1:53am
What about holding short
Attached Image (click to enlarge)
Click to Enlarge Name: 2017_08_22_12.22.14.jpg Size: 139 KB
  • #454,148
  • Aug 22, 2017 2:31am Aug 22, 2017 2:31am
1.284 :-).
  • #454,149
  • Aug 22, 2017 2:31am Aug 22, 2017 2:31am
Quoting 3force
What about holding short {image}
Naah, it's SL hunt. It will shoot north today (hopefully )
Let the market decide!
  • #454,150
  • Aug 22, 2017 2:34am Aug 22, 2017 2:34am
cable could soon test recent lows in the 1.2830 area and break even lower till 1.2800
  • #454,151
  • Aug 22, 2017 2:35am Aug 22, 2017 2:35am
Quoting MXT
cable could soon test recent lows in 1.2830 area and break even lower till 1.2800
Be very careful with shorts now. It might test 2840~ area, but most likely will go right back up above 2900
Let the market decide!
  • #454,152
  • Aug 22, 2017 2:50am Aug 22, 2017 2:50am
Quoting Tcharq
{quote} Be very careful with shorts now. It might test 2840~ area, but most likely will go right back up above 2900
we'll see , but if it breaks 1.2831 there could be further weakness till 1.2800 and even lower till 1.2700 imho

if not today , in the next few days

time will tell
  • #454,153
  • Aug 22, 2017 3:02am Aug 22, 2017 3:02am
1284 hit target
  • #454,154
  • Aug 22, 2017 3:02am Aug 22, 2017 3:02am
Quoting MXT
{quote} we'll see , but if it breaks 1.2831 there could be further weakness till 1.2800 and even lower till 1.2700 imho if not today , in the next few days time will tell
2650ish works for me lol
  • #454,155
  • Aug 22, 2017 3:08am Aug 22, 2017 3:08am
Quoting digger1
{quote} 2650ish works for me lol
u have any shorts atm ?
  • #454,156
  • Aug 22, 2017 3:16am Aug 22, 2017 3:16am
Quoting MXT
{quote} u have any shorts atm ?
Boatload from weekly pivot and some from quarterly open yet
  • #454,157
  • Aug 22, 2017 3:24am Aug 22, 2017 3:24am
Quoting MXT
{quote} u have any shorts atm ?
Had to make me up a 12 hour chart ,,,, will trim some if it cant take light blue circle out
Attached Image (click to enlarge)
Click to Enlarge Name: 6.jpg Size: 289 KB
  • #454,158
  • Aug 22, 2017 3:31am Aug 22, 2017 3:31am
Quoting digger1
{quote} Had to make me up a 12 hour chart ,,,, will trim some if it cant take light blue circle out {image}
yep yellow circle and could go even lower till orange

if not intraday , over the next few days
  • #454,159
  • Aug 22, 2017 3:36am Aug 22, 2017 3:36am
Quoting digger1
{quote} 2650ish works for me lol
I am thinking you may be close with this digger if you hang in there long enough. A 50% retrace is 1.267
  • #454,160
  • Aug 22, 2017 3:38am Aug 22, 2017 3:38am
Quoting Nala66
{quote} I am thinking you may be close with this digger if you hang in there long enough. A 50% retrace is 1.267
ah who knows ,,,,,,,,,, Ill scalp it back up if I have too lol,,,,,,,,,,, daily 200 in that area
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