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Cable Update (GBPUSD)

  • #454,721
  • Sep 13, 2017 2:03am Sep 13, 2017 2:03am
Trend line resistance reached
  • #454,722
  • Sep 13, 2017 2:22am Sep 13, 2017 2:22am
Quoting Trade-G
{quote} Yeah it could well be the case for the continuation upswing
Well it is the September move after all ..
  • #454,723
  • Sep 13, 2017 2:36am Sep 13, 2017 2:36am
Inserted Video
  • #454,724
  • Sep 13, 2017 3:20am Sep 13, 2017 3:20am
Quoting Erebus
{quote} Defintely good old Metatrader 4 And if you have any doubts about JPY analysis, check this {image}
you have some really cool add ons then if that is the MT4 i use.. haha.. very nice package and great info on the pairs like JPY you have here.. did you code all that yourself.. wow.. very very cool.. thanks for sharing!
Wave-Trader- Charts as DocHolliday on Tradingview also
  • #454,725
  • Sep 13, 2017 3:34am Sep 13, 2017 3:34am
Quoting Trade-G
Trend line resistance reached
It cannot go up infinitely lol
  • #454,726
  • Sep 13, 2017 3:34am Sep 13, 2017 3:34am
Sell in place, moved SL to breakeven, looking only for 1.32500
  • #454,727
  • Sep 13, 2017 3:35am Sep 13, 2017 3:35am
The GBP/USD pair is still moving upwards; it has almost completed the ascending wave and reached 1.3040. We think, today the price may consolidate near the lows. Later, in our opinion, the market may break this consolidation range to the downside and then fall to reach the first target at 1.3040.
  • #454,728
  • Sep 13, 2017 3:38am Sep 13, 2017 3:38am
This downswing is quite strong lets see if it has teeth about 30 mins to the closing
  • #454,729
  • Sep 13, 2017 4:26am Sep 13, 2017 4:26am
Quoting Trade-G
This downswing is quite strong lets see if it has teeth about 30 mins to the closing
It will continue its course even after USD news, their can be a spike if news is good.
1.3250 is a good suuport 03rd Aug 2017 top.
Holy Grail - Patience and Acceptance
  • #454,730
  • Sep 13, 2017 4:40am Sep 13, 2017 4:40am
Quoting NoStopsXXL
Sell in place, moved SL to breakeven, looking only for 1.32500
Nice trade...just out of interest what was your entry level and why.

Here was my reasoning
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 139 KB
  • #454,731
  • Sep 13, 2017 5:22am Sep 13, 2017 5:22am
got lucky on GU
Attached Image (click to enlarge)
Click to Enlarge Name: gu chart.JPG Size: 96 KB
Self discipline It is a practice
  • #454,732
  • Sep 13, 2017 6:04am Sep 13, 2017 6:04am
Quoting bluesoul
{quote} It will continue its course even after USD news, their can be a spike if news is good. 1.3250 is a good suuport 03rd Aug 2017 top.
Yes it seems to have been just proven hourly just rejected it
  • #454,733
  • Sep 13, 2017 6:25am Sep 13, 2017 6:25am
Quoting Trade-G
{quote} Yes it seems to have been just proven hourly just rejected it
Having said that still need to look at how it moves..
  • #454,734
  • Sep 13, 2017 6:47am Sep 13, 2017 6:47am
Quoting Trade-G
{quote} Yes it seems to have been just proven hourly just rejected it
depends how you see.
Not rejected.
I see 3250 supported
Holy Grail - Patience and Acceptance
  • #454,735
  • Sep 13, 2017 7:17am Sep 13, 2017 7:17am
Quoting bluesoul
{quote} depends how you see. Not rejected. I see 3250 supported
Well, when I mean rejected I mean it did not clear through on first try, hence yeah it is support tested.... from here it may be interesting
  • #454,736
  • Sep 13, 2017 7:21am Sep 13, 2017 7:21am
PPI in 9 Minutes
  • #454,737
  • Sep 13, 2017 7:29am Sep 13, 2017 7:29am
PPI is negative
  • #454,738
  • Sep 13, 2017 7:33am Sep 13, 2017 7:33am
Quoting okshop
got lucky on GU {image}
Hi Nala, Thanks and nice charts.
I was watching 1.33 for an entry but I don't normally trade GU that regularly.
My target for a short was fixed using the M30 chart as I liked the candlesticks bottoms from yesterday at 1.32500
I took the trade on the M15 when my MA5 crossed the MA15 and the oscillator went into negative.
As usual each timeframe tells a different story, but it looked good to me.
trade now closed and have nothing open on GU now.
  • #454,739
  • Sep 13, 2017 7:54am Sep 13, 2017 7:54am
Quoting VictorFaria
PPI in 9 Minutes
I don't really believe in news
  • #454,740
  • Sep 13, 2017 8:04am Sep 13, 2017 8:04am
Testing previous hours structure low
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