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Cable Update (GBPUSD)

  • #454,221
  • Aug 23, 2017 4:14am Aug 23, 2017 4:14am
Quoting MXT
closed my shorts waiting to re-enter short again
Yup me too... lower pivot failure will force it up, but we will see
  • #454,222
  • Aug 23, 2017 4:25am Aug 23, 2017 4:25am
Quoting Trade-G
{quote} Yup me too... lower pivot failure will force it up, but we will see
yep it always bounces back like that

just waiting for a good spot to re-enter short later
  • #454,223
  • Aug 23, 2017 4:50am Aug 23, 2017 4:50am
2770/2760 area for tp on 1st trade taken 2nd trade 2670 if it breaks and 2580/2560 area to start longs . But let's be carefull
  • #454,224
  • Aug 23, 2017 5:25am Aug 23, 2017 5:25am
Quoting elbert3
2770/2760 area for tp on 1st trade taken 2nd trade 2670 if it breaks and 2580/2560 area to start longs . But let's be carefull
Attached Image (click to enlarge)
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I still hold the view that the bottom is being formed. Adding longs.

I'm underwater though.
Let the market decide!
  • #454,225
  • Aug 23, 2017 5:38am Aug 23, 2017 5:38am
Potential DB in formation....
  • #454,226
  • Aug 23, 2017 6:03am Aug 23, 2017 6:03am
Quoting Trade-G
Potential DB in formation....
Being challenged at 1.2810 BO zone
  • #454,227
  • Aug 23, 2017 6:31am Aug 23, 2017 6:31am
Quoting Tcharq
{quote} {image} I still hold the view that the bottom is being formed. Adding longs. I'm underwater though.
Attached Image (click to enlarge)
Click to Enlarge Name: IMG_0944.PNG Size: 102 KB
hi . Noted but will watch 20 area to take it out , I thing db or dt are better sitting on major sl lines . But let's not rule anything out . Regards
  • #454,228
  • Aug 23, 2017 7:30am Aug 23, 2017 7:30am
if you are long i would be trying to cover some i cant see it going up. its going to head down to 1.725 if not lower with the us news helping it along

sg
the more you know the less you need.
  • #454,229
  • Edited 8:12am Aug 23, 2017 7:34am | Edited 8:12am
Attached Image (click to enlarge)
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I imagine a bird trying to get out of mud and fly away.
Let the market decide!
  • #454,230
  • Aug 23, 2017 8:08am Aug 23, 2017 8:08am
Now watching 2803/5 area to decide
  • #454,231
  • Aug 23, 2017 8:20am Aug 23, 2017 8:20am
It is weak, DB setup destroyed, unless a strong bullish imprint come, better not long...
  • #454,232
  • Aug 23, 2017 8:23am Aug 23, 2017 8:23am
94 break would clear my 5 min tl which we just hit so I have to decide to tp
  • #454,233
  • Aug 23, 2017 8:29am Aug 23, 2017 8:29am
could very likely break lower again

skipped all entries till now , but waiting to re.-enter short
  • #454,234
  • Aug 23, 2017 8:38am Aug 23, 2017 8:38am
short @ 1.2795
  • #454,235
  • Aug 23, 2017 8:41am Aug 23, 2017 8:41am
Quoting elbert3
94 break would clear my 5 min tl which we just hit so I have to decide to tp
3 on the run to add to the 2 major trades 2770 could now be 2740 ish
  • #454,236
  • Aug 23, 2017 8:49am Aug 23, 2017 8:49am
Attached Image (click to enlarge)
Click to Enlarge Name: IMG_0955.PNG Size: 85 KB
watch this as to is close to my tp area
  • #454,237
  • Aug 23, 2017 8:52am Aug 23, 2017 8:52am
closed @ + 6 pips

very shallow break

will try to re.enter short later
  • #454,238
  • Aug 23, 2017 9:06am Aug 23, 2017 9:06am
Inserted Video
Let the market decide!
  • #454,239
  • Aug 23, 2017 10:32am Aug 23, 2017 10:32am
short again @ 1.2796
  • #454,240
  • Aug 23, 2017 10:36am Aug 23, 2017 10:36am
Removing tp from 2770 and pp it to 2800 for now but carful tiger
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