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Cable Update (GBPUSD)

  • #455,301
  • Oct 6, 2017 12:01am Oct 6, 2017 12:01am
Quoting Trade-G
{quote} Oh we have the same target, my next zone
yeah its looking good....but NFP..... depending on what happens between now and then I might clear the decks before...
You going to hold through?
Its all just one persons opinion
  • #455,302
  • Oct 6, 2017 12:05am Oct 6, 2017 12:05am
From my last chart, the swing down reached target 1.3200, and as it compresses for last 2 days the breakout targets at 1.3100 zone. Next likely target will be 1.3000 looking for any signs of bullish setup and reason to closeout shorts
Attached Image (click to enlarge)
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  • #455,303
  • Oct 6, 2017 12:07am Oct 6, 2017 12:07am
Attached Image (click to enlarge)
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  • #455,304
  • Oct 6, 2017 12:08am Oct 6, 2017 12:08am
Quoting axecap
{quote} yeah its looking good....but NFP..... depending on what happens between now and then I might clear the decks before... You going to hold through?
Yah until it says otherwise, the target is still there S2 today 1.3016
  • #455,305
  • Oct 6, 2017 12:13am Oct 6, 2017 12:13am
Quoting Trade-G
{quote} Yah until it says otherwise, the target is still there S2 today 1.3016
yes, I also have weekly support at 1.2985.....as you say nothing bullish so far...
Its all just one persons opinion
  • #455,306
  • Oct 6, 2017 12:45am Oct 6, 2017 12:45am
Quoting axecap
{quote} yes, I also have weekly support at 1.2985.....as you say nothing bullish so far...
UK BR bearish play, will close out end of day
  • #455,307
  • Oct 6, 2017 12:49am Oct 6, 2017 12:49am
Inserted Video
  • #455,308
  • Oct 6, 2017 12:55am Oct 6, 2017 12:55am
Quoting elbert3
{image}
looking there also...
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDDaily.png Size: 48 KB
Look Sharp/Trade Tight
  • #455,309
  • Oct 6, 2017 1:03am Oct 6, 2017 1:03am
Potential DB on the 5min
  • #455,310
  • Oct 6, 2017 1:13am Oct 6, 2017 1:13am
The day chart I posted above ! Has anybody got a chart other fib on the top and bottom ? Posted this before that Gu has been tending to retrace to 78%
  • #455,311
  • Oct 6, 2017 1:13am Oct 6, 2017 1:13am
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD H1 (10-06-2017 1113).png Size: 68 KB
  • #455,312
  • Oct 6, 2017 1:17am Oct 6, 2017 1:17am
Quoting elbert3
The day chart I posted above ! Has anybody got a chart other fib on the top and bottom ? Posted this before that Gu has been tending to retrace to 78%
Monthly is about your 78% around this level here, however if you take the bigger previous upswing, there is still a bit more to reach 78%
  • #455,313
  • Oct 6, 2017 1:29am Oct 6, 2017 1:29am
Ranging here, creating yet another spring coiling for a burst....
  • #455,314
  • Oct 6, 2017 1:41am Oct 6, 2017 1:41am
Daily S1 reached at 1.3066, S2 1.3016
  • #455,315
  • Oct 6, 2017 1:42am Oct 6, 2017 1:42am
1.3036 Expansion target
  • #455,316
  • Oct 6, 2017 2:36am Oct 6, 2017 2:36am
looking to sell a bounce today, see some R at 1.3138 and 1.3181 that might offer some good r/r for a move back down...no longs till next week
Look Sharp/Trade Tight
  • #455,317
  • Oct 6, 2017 2:57am Oct 6, 2017 2:57am
Quoting PayTheLimit
looking to sell a bounce today, see some R at 1.3138 and 1.3181 that might offer some good r/r for a move back down...no longs till next week
agree, the time for longs will come, and they will be good...but not yet...will be clearer next week.
Its all just one persons opinion
  • #455,318
  • Oct 6, 2017 3:06am Oct 6, 2017 3:06am
Looking if 1.3070 will hold as support
  • #455,319
  • Oct 6, 2017 3:39am Oct 6, 2017 3:39am
Quoting Trade-G
Looking if 1.3070 will hold as support
still trying to but i don't think it will. 3050 minimum
Its all just one persons opinion
  • #455,320
  • Oct 6, 2017 3:45am Oct 6, 2017 3:45am
If I had to guess on a support, 3018 looks viable, shows up on a variety of charts, using a variety of methods, but that and 25 cents, gets you 25 cents...
Look Sharp/Trade Tight
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