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Cable Update (GBPUSD)

  • #454,841
  • Sep 15, 2017 2:09am Sep 15, 2017 2:09am
Tops from chart shows 1.371-1.385, it will take the same type of miracle (Brexit) to do that feat cos clearing that will mean a lot
  • #454,842
  • Sep 15, 2017 2:14am Sep 15, 2017 2:14am
At the famous fibo 50% looks like many reloaded
  • #454,843
  • Sep 15, 2017 2:17am Sep 15, 2017 2:17am
Quoting Trade-G
Tops from chart shows 1.371-1.385, it will take the same type of miracle (Brexit) to do that feat cos clearing that will mean a lot
yep this is going to be interesting
  • #454,844
  • Sep 15, 2017 2:27am Sep 15, 2017 2:27am
Quoting Nelzo
complete the Picture now 1.3720 valid.
Yo Nelzo, do you still use Ichimoku Kinko Hyo ?
  • #454,845
  • Sep 15, 2017 2:28am Sep 15, 2017 2:28am
Quoting Nala66
{quote} yep this is going to be interesting
You still in position?
  • #454,846
  • Sep 15, 2017 2:34am Sep 15, 2017 2:34am
No I am done for the week///That is why I am chatting a lot
  • #454,847
  • Sep 15, 2017 2:38am Sep 15, 2017 2:38am
Looking for a short, but weekly could end up breaking up all the previous wicks
COT: The precious data ignored
  • #454,848
  • Sep 15, 2017 2:44am Sep 15, 2017 2:44am
Ok, looks like signs of weakness is here
  • #454,849
  • Sep 15, 2017 2:45am Sep 15, 2017 2:45am
Bulls save the first bear try
  • #454,850
  • Sep 15, 2017 3:07am Sep 15, 2017 3:07am
Inserted Video
  • #454,851
  • Sep 15, 2017 3:07am Sep 15, 2017 3:07am
Have a great Friday people !
  • #454,852
  • Sep 15, 2017 3:22am Sep 15, 2017 3:22am
Nice to see this thread so alive!!! Haven't been posting for years. Good charts and interesting opinions. Here's my chart. 670-680 pips every rally, with a retracement of 460 and then 490. We re also testing tops on weekly charts... Anyone thinking short??? Have a nice day!!!!
Attached Image (click to enlarge)
Click to Enlarge Name: GU.png Size: 51 KB
  • #454,853
  • Sep 15, 2017 3:24am Sep 15, 2017 3:24am
Quoting maurofx
Nice to see this thread so alive!!! Haven't been posting for years. Good charts and interesting opinions. Here's my chart. 670-680 pips every rally, with a retracement of 460 and then 490. We re also testing tops on weekly charts... Anyone thinking short??? Have a nice day!!!! {image}
What are you conditions for short setup in this particular case? will be interested...
  • #454,854
  • Sep 15, 2017 3:30am Sep 15, 2017 3:30am
Quoting Trade-G
{quote} What are you conditions for short setup in this particular case? will be interested...
Check this on weekly chart... I trade PA, and last time price was around this zone we had several rejections. Not saying it is going to fall, but I wouldn't long so confidently around this area...
Attached Image (click to enlarge)
Click to Enlarge Name: GU1.png Size: 46 KB
  • #454,855
  • Sep 15, 2017 3:40am Sep 15, 2017 3:40am
Quoting maurofx
{quote} Check this on weekly chart... I trade PA, and last time price was around this zone we had several rejections. Not saying it is going to fall, but I wouldn't long so confidently around this area... {image}
Yes you are right, its also on an upchannel resistance.... its expectancy is for short, but how would you execute it using PA in which timeframe
  • #454,856
  • Sep 15, 2017 3:46am Sep 15, 2017 3:46am
Quoting Trade-G
Ok, looks like signs of weakness is here
Failed bearish setup turned bullish
  • #454,857
  • Sep 15, 2017 3:50am Sep 15, 2017 3:50am
Quoting Trade-G
{quote} Yes you are right, its also on an upchannel resistance.... its expectancy is for short, but how would you execute it using PA in which timeframe
Yes, I got thata Channel breached @ 3390!!! Was expecting a bounce from there, it was being respected to the pip.
Execution: Wait for price arrival to the zone, look for a beautifull bearish engulfing pattern on H4... wait for the retest and short it, looking for a nice entry on 15 min, bearish engulfing pattern as well.
I hope we see 3500 - 3523 zone today, I'll be looking PA there with my threee eyes LOL!!!! Bulls are strong, but the tide always changes...
  • #454,858
  • Sep 15, 2017 3:51am Sep 15, 2017 3:51am
Here we go right about target 1.3500-1.3510
  • #454,859
  • Sep 15, 2017 3:52am Sep 15, 2017 3:52am
Quoting Trade-G
Here we go right about target 1.3500-1.3510
what happened
?
Holy Grail - Patience and Acceptance
  • #454,860
  • Sep 15, 2017 3:53am Sep 15, 2017 3:53am
Ok here we are 1.3510region
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