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Cable Update (GBPUSD)

  • #454,381
  • Aug 25, 2017 2:43pm Aug 25, 2017 2:43pm
Quoting elbert3
{quote} That reads like drinking talk lol
its drop 25point...
Made in Malaysia <3
  • #454,382
  • Aug 25, 2017 3:27pm Aug 25, 2017 3:27pm
Quoting digger1
{quote}lol, its that time of day and week ha
Yes hic hic . That's why I can understand his post lol . Have a good weekend let's see if if that doji is the bottom ??? It was my tp from my post at 3055 so it was greed that stopped me taking the profit at more or less 6 pips was the tl I was aiming for at the time , so its cost me some profit but I have a lot of it and a small hedge long so we will see if if if we have a gap down on Sunday to trade on . If it's a bottom then 1.350 1.420 if it gets pulled apart 2550 hay ho here we go . Let's plough thru it and see what we can Dig up !! Is it time to harvest the crop and replant ???? lol regards B
  • #454,383
  • Aug 25, 2017 3:31pm Aug 25, 2017 3:31pm
Quoting DonMalaya
{quote} its drop 25point...
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  • #454,384
  • Aug 25, 2017 11:07pm Aug 25, 2017 11:07pm
Quoting elbert3
{quote} Yes hic hic . That's why I can understand his post lol . Have a good weekend let's see if if that doji is the bottom ??? It was my tp from my post at 3055 so it was greed that stopped me taking the profit at more or less 6 pips was the tl I was aiming for at the time , so its cost me some profit but I have a lot of it and a small hedge long so we will see if if if we have a gap down on Sunday to trade on . If it's a bottom then 1.350 1.420 if it gets pulled apart 2550 hay ho here we go . Let's plough thru it and see what we can Dig up !!...
Lol, my best effort,,, thru a jack and coke haze at this point maybe a few Budweiser s and shots mixed in with a couple of big ole fat cigars,,, of analysis with current data. Obviously with eurgbp on its current tear has kept the gbp subdued and somewhat on its backfoot here or so it would appear at 1st glance or with a glance . The moves appear very measured tho and as we all know the right spark in the ole gbp can erase a lot of calculating and figuring in a hurry. With the eurgbp reaching some pretty lofty quarterly levels the gbp could catch a little life here ,,,,,,,,,,almost inclined to think a bit of a gap up on mkt open if there is a gap . This pop came from around the quarterly pivot level and a good quarterly camarilla level, which typically price will attempt a bounce to the open from that level ,,,,,, has its work cut out for it if that is to happen ,,,,,,below a 20 day mva being the big obstacle currently around the 1.29 level,,,,,,,,,but once again it is cable things like that can be eclipsed in a blink of an eye given the right circumstances ,speaking of eclipses there was one this week. I haven ruled out my 2640 as of yet but it has faded a little lol much like the sun as the moon passed in front ,,,,,,, but it could be back in the blink of an eye lol. Need Nala66 to get his long term abcd s marked out for me if he could put his fishing pole down long enough ,,,,Anyway ,,,, a couple of charts with a few things marked , not as precise as Locks or in depth,,,,,, my attention span aint that good ha . Have a great weekend bud ,,,,,,,, same to all you traders ,cheers
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  • #454,385
  • Aug 26, 2017 12:17am Aug 26, 2017 12:17am
resistance if broken next fibo
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  • #454,386
  • Aug 27, 2017 9:42am Aug 27, 2017 9:42am
what do you think guys - 1.2 or 1.4 next??

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Free speech is not ''free'' , there are always consequences.
  • #454,387
  • Aug 27, 2017 1:26pm Aug 27, 2017 1:26pm
Quoting elbert3
{quote} That reads like drinking talk lol
Seems Mr Pound will be opening with a big GAP 50 to 60 pips North!!
  • #454,388
  • Aug 27, 2017 1:32pm Aug 27, 2017 1:32pm
Quoting Dr.Zain
{quote} Seems Mr Pound will be opening with a big GAP 50 to 60 pips North!!
Yea pretty much too the 20 day mva at the moment,well shy a few pips from that yet but could be working its way there
  • #454,389
  • Aug 27, 2017 2:08pm Aug 27, 2017 2:08pm
lots of stops flushed out
  • #454,390
  • Aug 27, 2017 2:11pm Aug 27, 2017 2:11pm
Quoting Dr.Zain
{quote} Seems Mr Pound will be opening with a big GAP 50 to 60 pips North!!
42 Pips Gap!!!
  • #454,391
  • Aug 27, 2017 2:19pm Aug 27, 2017 2:19pm
Quoting Dr.Zain
{quote} Seems Mr Pound will be opening with a big GAP 50 to 60 pips North!!
Well let's see how high but question is how much can a account hold if if you go short now and it goes higher ? This is a situation where traders go in with a big lot to trade it back and it could !!! Could go up and take out Ines acc if on does not have enough funds to ride it out . So let's take care out there B
  • #454,392
  • Aug 27, 2017 2:22pm Aug 27, 2017 2:22pm
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I know it's Eu but it could have a reason related
  • #454,393
  • Aug 27, 2017 2:24pm Aug 27, 2017 2:24pm
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gu month
Quoting elbert3
{image} I know it's Eu but it could have a reason related
  • #454,394
  • Aug 27, 2017 2:29pm Aug 27, 2017 2:29pm
Quoting elbert3
{quote} Well let's see how high but question is how much can a account hold if if you go short now and it goes higher ? This is a situation where traders go in with a big lot to trade it back and it could !!! Could go up and take out Ines acc if on does not have enough funds to ride it out . So let's take care out there B
2 things really ,usd got hammered Friday , just kinda follow thru from that ,,,,,,,it has only popped to lasts week high ,or the 272 extension of that last little daily range from quarterly pivot ,,,,,,,, went down and poked the 618 and now up to the 272,,,,,, 618 top side would be a much better area to be watching for a short other than a quick scalp ,,,,,,,,,let it sort Friday out for a bit,,,,,,, fun opening at any rate .
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  • #454,395
  • Aug 27, 2017 2:36pm Aug 27, 2017 2:36pm
quite a bullish reversal

we need to see if the uk session shows any hint of closing the gap
  • #454,396
  • Aug 27, 2017 4:36pm Aug 27, 2017 4:36pm
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mmm long night I think trying to pull pups out of this
  • #454,397
  • Aug 27, 2017 4:40pm Aug 27, 2017 4:40pm
Quoting elbert3
{image} mmm long night I think trying to pull pups out of this
watching 2887 , may try a scalp long ,,,,will see what it looks like if and when it gets there ,,,,,,or may not do sheet till London gets going
  • #454,398
  • Aug 27, 2017 4:49pm Aug 27, 2017 4:49pm
The pair has a huge gap up and currently trading just above 1.290 level after Labour policy shift on single market.
  • #454,399
  • Aug 27, 2017 5:32pm Aug 27, 2017 5:32pm
gap almost closed

but won't touch the Pound till uk sesssion
  • #454,400
  • Aug 27, 2017 5:59pm Aug 27, 2017 5:59pm
Quoting MXT
gap almost closed but won't touch the Pound till uk sesssion
Trying a couple small ones here ,longs , from fridays high , see what happens ,,,,,tgting todays high , just a scalp
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