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Cable Update (GBPUSD)

  • #454,201
  • Aug 22, 2017 11:11am Aug 22, 2017 11:11am
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.
Hi Cyborg, do you have any tips to stay in the winning trade? I'm a day trader/scalp, any recommendation?

Thanks friend.
  • #454,202
  • Aug 22, 2017 12:17pm Aug 22, 2017 12:17pm
The pair is quite bearish and a breakout below 1.2830 could lead to another drop to 1.2700. I will short should there be a breakout.
  • #454,203
  • Aug 22, 2017 12:40pm Aug 22, 2017 12:40pm
Today GBPUSD reached at the key point so tomorrow dargi and NY will take the next decision

I think it's time for 10 pips scalping ...lol
Attached Image
  • #454,204
  • Aug 22, 2017 12:51pm Aug 22, 2017 12:51pm
what will be next move of GbpUsd ?? can anybody guess ??
  • #454,205
  • Aug 22, 2017 1:32pm Aug 22, 2017 1:32pm
short
  • #454,206
  • Aug 22, 2017 7:36pm Aug 22, 2017 7:36pm
Draw your own conclusions... Trade what you see, not what you think.
Attached Image (click to enlarge)
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  • #454,207
  • Aug 22, 2017 9:22pm Aug 22, 2017 9:22pm
Great suport area... if I was short at least I would cover part of that and short again higher or in a decent downbreak.
  • #454,208
  • Aug 22, 2017 10:09pm Aug 22, 2017 10:09pm
Quoting Nala66
Draw your own conclusions.... {image}
yep , agree with you
  • #454,209
  • Aug 23, 2017 12:56am Aug 23, 2017 12:56am
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  • #454,210
  • Aug 23, 2017 1:35am Aug 23, 2017 1:35am
I think could be a good inversione point 1.2780 for over 100 pips.
What do you think about it?
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 238 KB
  • #454,211
  • Edited 3:10am Aug 23, 2017 2:57am | Edited 3:10am
Morning away from my pc . Can any kind solel tell me if they have 10 20 ema on a weekly chart and where are they now regards E
  • #454,212
  • Aug 23, 2017 3:13am Aug 23, 2017 3:13am
Quoting elbert3
Morning away from my pc . Can any kind solel tell me if they have 10 20 ema on a weekly chart and where are they now regards E
100 pips below the 10
50 pips below the 20
They are converging
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 47 KB
  • #454,213
  • Aug 23, 2017 3:23am Aug 23, 2017 3:23am
Quoting Nala66
{quote} 100 pips below the 10 50 pips below the 20 They are converging {image}
Thanks Nala good man . Regards
  • #454,214
  • Aug 23, 2017 3:43am Aug 23, 2017 3:43am
M1 support on down trend channel, maybe some reaction here, otherwise breaks it will zoom down
  • #454,215
  • Aug 23, 2017 3:45am Aug 23, 2017 3:45am
Quoting Tcharq
{quote} Time will Tell
I don't know what timeframe are you trading from, but sure if you hold it long enough it will turn bullish and go up.... trade safe....
  • #454,216
  • Aug 23, 2017 3:56am Aug 23, 2017 3:56am
its really scary to go long on this pair!! or was it just me
  • #454,217
  • Aug 23, 2017 3:59am Aug 23, 2017 3:59am
Quoting sat007
its really scary to go long on this pair!! or was it just me
Only when your trade signal tells you you should go long else, what impetuous is there for you to go long? if no then you are gambling, even if you find that there is a great support zone, make sure you know what you are doing..... good luck
  • #454,218
  • Aug 23, 2017 4:08am Aug 23, 2017 4:08am
Quoting Trade-G
M1 support on down trend channel, maybe some reaction here, otherwise breaks it will zoom down
Back up to down trend resistance line and got a reaction.... cannot get supported will leave room for downside
  • #454,219
  • Aug 23, 2017 4:12am Aug 23, 2017 4:12am
The price continues to fall down. And I think that it will reach the point of 1,27680. And maybe it will go up to support at the point of 1,28410. And will test the support and if it breaks it will go higher to the point of 1.28837.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.png Size: 36 KB
  • #454,220
  • Aug 23, 2017 4:12am Aug 23, 2017 4:12am
closed my shorts

waiting to re-enter short again
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