Dislikedwell I have no other support right now, so that makes it easy....pay 3152, risk 3142....if the want to keep going, they do it from here I say...Ignored
back bidding on these now...
Look Sharp/Trade Tight
Cable Update - Continued 99 replies
Cable (GBPUSD) vs Euro (EURUSD) 31 replies
Cable Update (GBP/USD) without Idiots 23 replies
Why is GBPUSD called cable? 66 replies
cable short for gbpusd? 6 replies
Dislikedwell I have no other support right now, so that makes it easy....pay 3152, risk 3142....if the want to keep going, they do it from here I say...Ignored
DislikedHi All, I am new to cable. I've been following it for about two weeks. Below is my assessment. Would be interested to see your opinions. Pair: GBPUSD TF: 1D Sentiment: undecided. Attached Image (click to enlarge) {image} Last week I closed the trade for a nice profit. The market fell a little further; not massively concerned as I am happy I just made pips, and I got most of the move. This week the price is currently sitting on 1.30 support. The last few times the price has been at this point, sellers have not had much of an issue pushing it down...Ignored
DislikedTo me the bulls are totally in control of this pair. They know how to waste time. The lower time frames are working off bullish support up to the hour... however the 4 hour chart has yet to find support above its average. Only then will the daily attempt to find support. It is a slow process at these higher time frames. {image}Ignored
DislikedHi All, I am new to cable. I've been following it for about two weeks. Below is my assessment. Would be interested to see your opinions. Pair: GBPUSD TF: 1D Sentiment: undecided. Attached Image (click to enlarge) {image} Last week I closed the trade for a nice profit. The market fell a little further; not massively concerned as I am happy I just made pips, and I got most of the move. This week the price is currently sitting on 1.30 support. The last few times the price has been at this point, sellers have not had much of an issue pushing it down...Ignored
DislikedI adjusted that channel h1 , down tl looks really good to break easy w1 could be a problem to go far north the main thing is the weekly hold s up if it did any bullish shape I'd believe hourly very difficult to get right {quote} {image}Ignored
Disliked{quote} Erm if they are totally in control then the higher time frame will show, weekly chart as of now is trying to hold up 1.3190 region, 1.3510 region still the obstacle to clear. On the weekly we have a well structured up move in a channel, and such channels will not last.... gotta be cautiousIgnored
Dislikedwell that's a gamble as far I can see even if you were right you can't think like that resting orders like you were doing is risky because your reasoning is flimsy {quote} {image}Ignored