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Cable Update (GBPUSD)

  • #454,181
  • Aug 22, 2017 8:23am Aug 22, 2017 8:23am
There is also an upchannel on the weekly depending on how you see it. Hence our friend TcharQ is so optimistic about.... he is also right in a way... The D1 TP objective has reached at 1.28XX region so.... it can also bounce from here
  • #454,182
  • Aug 22, 2017 8:23am Aug 22, 2017 8:23am
Attached Image (click to enlarge)
Click to Enlarge Name: 3.PNG Size: 109 KB


There is no space to go south (hopefully)!
Let the market decide!
  • #454,183
  • Aug 22, 2017 8:26am Aug 22, 2017 8:26am
Wow you bought at quite high wor.... hahahha, as we speak its moving up
  • #454,184
  • Aug 22, 2017 8:35am Aug 22, 2017 8:35am
Quoting Trade-G
There is also an upchannel on the weekly depending on how you see it. Hence our friend TcharQ is so optimistic about.... he is also right in a way... The D1 TP objective has reached at 1.28XX region so.... it can also bounce from here
W1 chart has also closed a gap at 1.281X region.... so the vigour to move up must be decisive else it may favour bearishness
  • #454,185
  • Aug 22, 2017 8:39am Aug 22, 2017 8:39am
Up at 1.2838 region, the real fight here, it must decisive now else it will be messy.....
  • #454,186
  • Aug 22, 2017 9:08am Aug 22, 2017 9:08am
Hope Wednesday will close above 1.2850 for longists, should it be lower I look forward to see a lower low for Thursday or Friday....
  • #454,187
  • Aug 22, 2017 9:09am Aug 22, 2017 9:09am
Quoting Tcharq
{quote} Good luck One of us will make money today!
I already took your money... I'm way way up, 64.78% today so far... mind you, scalped most of the day when things were a tad slow. and caught a few big ones
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  • #454,188
  • Aug 22, 2017 9:10am Aug 22, 2017 9:10am
Quoting Ivivistupid
Weekly Chart Rising Wedge broke. Downward trend is likely to continue a long way down. Wait for the correction in 1hr chart guys. {image}
i think you need to learn what tweezer tops and bottoms are.
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  • #454,189
  • Aug 22, 2017 9:11am Aug 22, 2017 9:11am
Quoting FXCyborg
{quote} I doubt it.... dont you know anything about the asian open? The Asian session sets the High or the Low for the day... you can clearly see the asian high was not broken... the low was. hence the drop.
Yah was an excellent trading setup today for the downswing... too bad I was out....
  • #454,190
  • Aug 22, 2017 9:17am Aug 22, 2017 9:17am
It might bottom around 1.2807 area (worst case scenario)

Still holding longs.

1.2918 first TP target
Let the market decide!
  • #454,191
  • Aug 22, 2017 9:26am Aug 22, 2017 9:26am
Quoting Tcharq
short out at 1.2876 Reevaluation. A LOT of respect on 12h timeframe for this support{image} 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.
Technically speaking, there can be room for more downside. But as long you run in with your trading plan then stick to it...
  • #454,192
  • Aug 22, 2017 9:30am Aug 22, 2017 9:30am
Quoting Tcharq
{image} The day I started looking at the market as a living organism, changing it shapes and form, adapting to new environment, was the day I finally started making some money. There is a reason why NO AUTOMATED system is able to beat the market in the long term. Market is like a virus. It adapts. At every single second you look at the charts, you can apply the rules of every possible strategy there is, thus giving you an illusion your strategy works as intended. The day you stop looking at charts thinking "oh, I'm right" is the day you set yourself...
What was this all about.
  • #454,193
  • Aug 22, 2017 9:30am Aug 22, 2017 9:30am
Quoting FXCyborg
{quote} i think you need to learn what tweezer tops and bottoms are.
Nahh I know pretty well. It's my customized indicator that I'm prototyping that isn't work well enough. thanks for your concern.
  • #454,194
  • Aug 22, 2017 9:38am Aug 22, 2017 9:38am
Quoting Nala66
{quote} What was this all about.
Inserted Video
  • #454,195
  • Aug 22, 2017 9:38am Aug 22, 2017 9:38am
Quoting Nala66
{quote} What was this all about.
Wanted to sound smart. Failed miserably!
Let the market decide!
  • #454,196
  • Aug 22, 2017 9:41am Aug 22, 2017 9:41am
Quoting Tcharq
{quote} Wanted to sound smart. Failed miserably!
That's OK then...no worries
  • #454,197
  • Aug 22, 2017 9:42am Aug 22, 2017 9:42am
Quoting Tcharq
It might bottom around 1.2807 area (worst case scenario) Still holding longs. 1.2918 first TP target
It may likely range a bit, I see no signs yet for any bullish setups in the lower timeframe.... seeya tomorrow...
  • #454,198
  • Aug 22, 2017 9:46am Aug 22, 2017 9:46am
Quoting Tcharq
{quote} Wanted to sound smart. Failed miserably!
It takes a lot of courage to say "i am wrong and move on" not saying you are wrong, know what I mean?
  • #454,199
  • Aug 22, 2017 10:40am Aug 22, 2017 10:40am
Quoting Trade-G
{quote} It takes a lot of courage to say "i am wrong and move on" not saying you are wrong, know what I mean?
Time will Tell
Let the market decide!
  • #454,200
  • Aug 22, 2017 10:43am Aug 22, 2017 10:43am
Took long at 1.2820 target 1.2930.. will see
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