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Cable Update (GBPUSD)

  • #454,801
  • Sep 14, 2017 6:57am Sep 14, 2017 6:57am
Quoting classy
{quote} yea you are boss .all this things happen because of order flow ..imho
What do you mean about order flow?
  • #454,802
  • Sep 14, 2017 7:02am Sep 14, 2017 7:02am
1.350 may be on the cards afterall...
  • #454,803
  • Sep 14, 2017 7:06am Sep 14, 2017 7:06am
Quoting VictorFaria
{quote} What do you mean about order flow?
thanks a lot for your interest.please check attached link

https://www.forexfactory.com/showthr...8#post10290208
Say something meaningful or Silence!!
  • #454,804
  • Sep 14, 2017 7:08am Sep 14, 2017 7:08am
I am going to place my scalping EA after the news
  • #454,805
  • Sep 14, 2017 10:22am Sep 14, 2017 10:22am
Took long target 1.3490 & around 1.38
Forex Learner
  • #454,806
  • Sep 14, 2017 10:42am Sep 14, 2017 10:42am
Quoting classy
{quote} thanks a lot for your interest.please check attached link https://www.forexfactory.com/showthr...8#post10290208
Thank you, i will take a look!
  • #454,807
  • Sep 14, 2017 10:42am Sep 14, 2017 10:42am
I'm Long on G/U, Target area near .35
  • #454,808
  • Sep 14, 2017 10:45am Sep 14, 2017 10:45am
complete the Picture now 1.3720 valid.
  • #454,809
  • Sep 14, 2017 11:14am Sep 14, 2017 11:14am
I think that was the top for the time being 3403
  • #454,810
  • Sep 14, 2017 11:41am Sep 14, 2017 11:41am
Quoting Nala66
I think that was the top for the time being 3403
It might continue it's correct to 1.30 from here on.
  • #454,811
  • Sep 14, 2017 12:22pm Sep 14, 2017 12:22pm
Quoting Nala66
I think that was the top for the time being 3403
It's still very bullish. The rally may continue to 1.3500.
  • #454,812
  • Sep 14, 2017 1:58pm Sep 14, 2017 1:58pm
Quoting traderblah
{quote} Following up: Taking the omitted low of 1.1207 the movement is a classic ABC correction (50% retrace 15 Jan 2017) or wave 4 up on a larger timeframe. Wave C now in final wave 5. Looking at 1.34 for a crash
The chart red line was drawn in a couple of months ago before the above quote. Its the base line for a massive head and shoulders. The green line is a recent channel up
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBP-USD_20170914_19.39.png Size: 114 KB
Click to Enlarge Name: GBP-USD_20170914_19.45 (1).png Size: 97 KB
  • #454,813
  • Sep 14, 2017 3:47pm Sep 14, 2017 3:47pm
close all position manually wait new order to our target , bon weekend .
Attached Image (click to enlarge)
Click to Enlarge Name: 1.png Size: 4 KB
  • #454,814
  • Sep 14, 2017 4:21pm Sep 14, 2017 4:21pm
Quoting Trade-G
{quote} 1.3510 will be critical
thanks Trade-G now i close all orders wait the correction and the 2'nd target 1.3720 bon weekend .
  • #454,815
  • Sep 14, 2017 6:34pm Sep 14, 2017 6:34pm
Quoting traderblah
{quote} The chart red line was drawn in a couple of months ago before the above quote. Its the base line for a massive head and shoulders. The green line is a recent channel up {image} {image}
This is one of those extremely rare situations where a lot of different plots all have the same outcome and each plot has a number of followers, is it any wonder the price hits at the exact time it should to comply with all these plots.

Plotting is one thing and trading is another so we each have to come up with a way to trade our own method of analysis.

My hat goes off to you for providing your chart...so many people just pop in meaningless numbers.

Here is my one hour chart as it currently stands. By listing the events on ones chart like this it gives a good insight into what the price action is trying to do at any particular time. One has to constantly amend the chart to get a feel for the action.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 106 KB
  • #454,816
  • Sep 14, 2017 9:39pm Sep 14, 2017 9:39pm
Quoting Nala66
{quote} This is one of those extremely rare situations where a lot of different plots all have the same outcome and each plot has a number of followers, is it any wonder the price hits at the exact time it should to comply with all these plots. Plotting is one thing and trading is another so we each have to come up with a way to trade our own method of analysis. My hat goes off to you for providing your chart...so many people just pop in meaningless numbers. Here is my one hour chart as it currently stands. By listing the events on ones chart like...
Nice chart man ,, hope all is well with you, its cool when a lot of different things come together like that,,,,,,,,,,,I do like my quarterly camarilla levels tho,,,,,,,,above the open price will go to H3 ,,,,,breaks that it will go to H4,,,,, breaks that it will try H5 ,,,,,,,,, usually the old standard R2 pivot level will be a stiff resistance point if it breaks H4 ,,,,,,,,works the same below the quarterly open. Ole gbp has been on a tear since it got above the 4 hour 200, (rough monthly average )and above quarterly open Good seeing your voice man, cheers.
Attached Image (click to enlarge)
Click to Enlarge Name: 6.jpg Size: 191 KB
  • #454,817
  • Sep 14, 2017 10:26pm Sep 14, 2017 10:26pm
Quoting digger1
{quote} Nice chart man ,, hope all is well with you, its cool when a lot of different things come together like that,,,,,,,,,,,I do like my quarterly camarilla levels tho,,,,,,,,above the open price will go to H3 ,,,,,breaks that it will go to H4,,,,, breaks that it will try H5 ,,,,,,,,, usually the old standard R2 pivot level will be a stiff resistance point if it breaks H4 ,,,,,,,,works the same below the quarterly open. Ole gbp has been on a tear since it got above the 4 hour 200, (rough monthly average )and above quarterly open Good seeing your...
There you go yet another plot, nice one Digger though I don't understand Camarilla. I am not sure weather I should eat it, rub it into my skin or just avoid stepping in it.
  • #454,818
  • Sep 14, 2017 10:42pm Sep 14, 2017 10:42pm
Now we are on the edge of the unknown and it should prove to be interesting especially when the average catches up to the price action.

One thing we can definitely bank on is that it is going up 20 pips plus or minus 200.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 103 KB
  • #454,819
  • Sep 14, 2017 10:54pm Sep 14, 2017 10:54pm
On the daily chart it looks like the next level to break is 3535 the Bulls have found support to do it. Then we are into the Brexit drop zone.

Price action has already broken above the average high further indicating the bulls are going to pull the average to a HH also
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 73 KB
  • #454,820
  • Sep 14, 2017 10:55pm Sep 14, 2017 10:55pm
Quoting Nala66
{quote} There you go yet another plot, nice one Digger though I don't understand Camarilla. I am not sure weather I should eat it, rub it into my skin or just avoid stepping in it.
D all of the above
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