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Cable Update (GBPUSD)

  • #454,581
  • Sep 7, 2017 1:02am Sep 7, 2017 1:02am
Quoting AusFastLife
I am long from 1.30478 looking to retest the high of this week at 1.30717. I have my TP set for below that at 1.30652. If the pair can get above the high of this week, there is not a lot stopping it before it gets up to the 1.31171 resistance from back at the 3rd of August. {image}
Wow...
  • #454,582
  • Sep 7, 2017 1:03am Sep 7, 2017 1:03am
1.3050 region seems to get rejected again, now testing hour support
  • #454,583
  • Sep 7, 2017 1:09am Sep 7, 2017 1:09am
The main consolation for bulls is that the daily reversal from 1.3264 known to many as a top reversal formation is not really true.... guess we will take it a step at a time...
  • #454,584
  • Sep 7, 2017 1:17am Sep 7, 2017 1:17am
Daily high seems pressured bottom target at current 1.3030
  • #454,585
  • Sep 7, 2017 2:24am Sep 7, 2017 2:24am
Quoting Trade-G
Daily high seems pressured bottom target at current 1.3030
Bounced from 1.3032 region bouncing from range bottom
  • #454,586
  • Sep 7, 2017 2:49am Sep 7, 2017 2:49am
DB at yesterdays support region of 1.3032, neckline to clear 1.3048 pivot point on the hourly
  • #454,587
  • Sep 7, 2017 3:00am Sep 7, 2017 3:00am
Hourly did not close above pivot so its neither here nor there....
  • #454,588
  • Sep 7, 2017 3:06am Sep 7, 2017 3:06am
Wow just noticed the hourly have what candlesticks people called the evening star pattern with a perfect doji hahahhaa....
  • #454,589
  • Sep 7, 2017 3:10am Sep 7, 2017 3:10am
There is a potential reversal pattern that worked yesterday on the M5 hourly closing on the 1.3062 will determine the outcome if it decides to test again the high...
  • #454,590
  • Sep 7, 2017 3:13am Sep 7, 2017 3:13am
Quoting Trade-G
There is a potential reversal pattern that worked yesterday on the M5 hourly closing on the 1.3062 will determine the outcome if it decides to test again the high...
Quoting Trade-G
Wow just noticed the hourly have what candlesticks people called the evening star pattern with a perfect doji hahahhaa....
My Conservative short entry will be @ 1.3013
Attached Image (click to enlarge)
Click to Enlarge Name: GU Entry 7-sep-17.png Size: 88 KB
Holy Grail - Patience and Acceptance
  • #454,591
  • Sep 7, 2017 3:19am Sep 7, 2017 3:19am
Quoting bluesoul
{quote} {quote} My Conservative short entry will be @ 1.3013 {image}
Yes that would be a rather safe short when all structures are gone
  • #454,592
  • Sep 7, 2017 3:21am Sep 7, 2017 3:21am
Potential bullish move on the M5 if it works TP 1.30665
  • #454,593
  • Sep 7, 2017 3:22am Sep 7, 2017 3:22am
Bit off topic.....but does anyone know if one can get the old white background back on the forexfactory charts ?

The black background is irritating....
Janus Return Today: 65.8%
  • #454,594
  • Sep 7, 2017 3:23am Sep 7, 2017 3:23am
Bluesoul would you be kind to let me know when you short... so that I can understand how VSA works
  • #454,595
  • Sep 7, 2017 3:23am Sep 7, 2017 3:23am
Quoting janusforex
Bit off topic.....but does anyone know if one can get the old white background back on the forexfactory charts ? The black background is irritating....
Totally agree hahahahha....
  • #454,596
  • Sep 7, 2017 3:39am Sep 7, 2017 3:39am
Quoting Trade-G
Potential bullish move on the M5 if it works TP 1.30665
Target reached, sorry saw wrongly its 1.30595
  • #454,597
  • Sep 7, 2017 3:40am Sep 7, 2017 3:40am
Quoting Trade-G
There is a potential reversal pattern that worked yesterday on the M5 hourly closing on the 1.3062 will determine the outcome if it decides to test again the high...
Testing this region now, hourly above this, likely bearishness pattern will be negated
  • #454,598
  • Sep 7, 2017 4:00am Sep 7, 2017 4:00am
Ok bull force is strong, lets see the hurdle on 1.3066
  • #454,599
  • Edited 5:47am Sep 7, 2017 4:59am | Edited 5:47am
Be nice to see above 131 today

132 there after .. ;-)
  • #454,600
  • Sep 7, 2017 5:12am Sep 7, 2017 5:12am
Quoting Trade-G
Ok bull force is strong, lets see the hurdle on 1.3066
Entered a crazy short at 1.3070 tight SL 15 pips.
Let's see if this is a successful test of h4
Holy Grail - Patience and Acceptance
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