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Cable Update (GBPUSD)

  • #455,241
  • Oct 3, 2017 3:55am Oct 3, 2017 3:55am
5 mins to closing
Attached Image (click to enlarge)
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  • #455,242
  • Oct 3, 2017 3:58am Oct 3, 2017 3:58am
1.3200 will be on the cards should the region 1.3240 goes
  • #455,243
  • Oct 3, 2017 4:20am Oct 3, 2017 4:20am
Read Lock's thread coincidently he mentioned 1.3206 as composition POC or Tokyo Drift.... looks like we are on the same page
  • #455,244
  • Oct 3, 2017 4:30am Oct 3, 2017 4:30am
Trying out this method for longer term trades, Using volume weighted MA, short when failure to achieve previous swing high and breaching the VWMA. The target will be the median of the ticks of each candle collectively... just trying out....
  • #455,245
  • Oct 3, 2017 4:41am Oct 3, 2017 4:41am
Short when previous swing high is not taken out and volume weighted MA breached with target at TP median
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDh1-test.png Size: 40 KB
  • #455,246
  • Oct 3, 2017 4:42am Oct 3, 2017 4:42am
Adjust your own stops... will not be responsible....
  • #455,247
  • Oct 3, 2017 4:57am Oct 3, 2017 4:57am
Short, target 1.3175
It's a big game.
  • #455,248
  • Oct 3, 2017 5:06am Oct 3, 2017 5:06am
Quoting funzodundee
Short, target 1.3175
S2 region for daily 1.3166
  • #455,249
  • Oct 3, 2017 5:09am Oct 3, 2017 5:09am
Weekly S2 1.3208
  • #455,250
  • Oct 3, 2017 6:44am Oct 3, 2017 6:44am
Quoting ItsAtrap
Here's chart of my longs on Cable, just taken some minutes ago! I wonder if they will survive the day, let alone the week! Stop loss at 100 pips (red line) Daily chart and hourly chart {image} {image}

Hello. Update on Cable: on 28 September I exited my tentative cable longs at around same price I had entered (small loss on one, b/e on the other - these are the orange triangles seen on my chart, for those who don't know Oanda's platform), as I thought the market would offer opportunity to re-enter long at better levels.

After the market's scary dive of yesterday's, I re-entered long, this time more heavily. I bought some more today as well, and you can see I have buy orders lower. Stops at 1.30 currently

The stockmarkets are beginning to enter the spike up that I have been waiting. Even the FTSE has woken up! If I am right, it's gonna surprise many! The dollar will probably dive and commodities rise as this happens.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD long daily 3Oct17.jpg Size: 385 KB
  • #455,251
  • Oct 3, 2017 10:05am Oct 3, 2017 10:05am
Quoting ItsAtrap
{quote} I re-entered long, this time more heavily. I bought some more today as well, and you can see I have buy orders lower. Stops at 1.30 currently The stockmarkets are beginning to enter the spike up that I have been waiting. Even the FTSE has woken up! If I am right, it's gonna surprise many! The dollar will probably dive and commodities rise as this happens. {image}
Interesting call.....for me if 1.321 breaks then next stop 1.312. I don't see any signs of upside yet. daily close may show something but I doubt it.
Im holding short.
Its all just one persons opinion
  • #455,252
  • Oct 3, 2017 10:11am Oct 3, 2017 10:11am
I would like to see a London close below 1.323...
Its all just one persons opinion
  • #455,253
  • Oct 4, 2017 12:51am Oct 4, 2017 12:51am
Inserted Video
  • #455,254
  • Oct 4, 2017 1:20am Oct 4, 2017 1:20am
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Click to Enlarge Name: IMG_1273.PNG Size: 91 KB
morning watching here 3270 mo close over I think. For shorts above 3350 area again
  • #455,255
  • Oct 4, 2017 3:28am Oct 4, 2017 3:28am
It's crazzzy the way it gets moved ! The price now 3250 half way 3225 and 3270 both s/r numbers with a little doji to boot . Always a good hedge point either way but don't get caught out . News coming hence the positioning
  • #455,256
  • Oct 4, 2017 3:36am Oct 4, 2017 3:36am
Take anything and sell it back to 64
  • #455,257
  • Oct 4, 2017 3:47am Oct 4, 2017 3:47am
Quoting elbert3
Take anything and sell it back to 64
data is good far cable, cable has found good support neer 1.3227 area and i think its going to correct before going more to the down side
MRMALIK1
  • #455,258
  • Oct 4, 2017 4:08am Oct 4, 2017 4:08am
the news was good...yet not enough to halt the decline, not even to break the range with a knee jerk.......to me that means we march on down..
Its all just one persons opinion
  • #455,259
  • Oct 4, 2017 4:10am Oct 4, 2017 4:10am
Nice back to 64 now let's see . 58 was break
  • #455,260
  • Oct 4, 2017 9:03am Oct 4, 2017 9:03am
Went long 13264
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