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Cable Update (GBPUSD)

  • #455,601
  • Oct 12, 2017 7:59am Oct 12, 2017 7:59am
yea that's what I thought ,it could break but it hasn't that's what I'm saying
this is good enough to think its going to hold as is


Quoting Trade-G
{quote} Right now its contained inside the range so it is more challenging to determined its bias, the longer it moves sideways.
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  • #455,602
  • Oct 12, 2017 8:03am Oct 12, 2017 8:03am
I see the bears just waiting to get support..this requires a pullback.
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  • #455,603
  • Oct 12, 2017 8:04am Oct 12, 2017 8:04am
Quoting Bones
yea that's what I thought ,it could break but it hasn't that's what I'm saying this is good enough to think its going to hold as is {quote} {image}
As long as 1.3120 Holds, it can be good.
  • #455,604
  • Oct 12, 2017 8:04am Oct 12, 2017 8:04am
If this new bar is a down bar then they have support.
  • #455,605
  • Oct 12, 2017 8:06am Oct 12, 2017 8:06am
Quoting Don96
{quote} do you trend trade? (swing?)
Yes, both scalps and trend trade on the lower timeframe, trying out the higher timeframe
  • #455,606
  • Oct 12, 2017 8:07am Oct 12, 2017 8:07am
Now, as we can see, the price continues to fall back into the channel. And I assume that the price will continue to fall to the point of 1.30675 and then turn around and go back to the 1.32618 point.
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  • #455,607
  • Oct 12, 2017 8:15am Oct 12, 2017 8:15am
Quoting Bones
yea that's what I thought ,it could break but it hasn't that's what I'm saying this is good enough to think its going to hold as is {quote} {image}
Bones, understand your chart but if one were to do an entry assuming at the low region of 1.3030, one would have been stopped out today as it has retraced more than 50% of the upswing on the H1
  • #455,608
  • Oct 12, 2017 8:20am Oct 12, 2017 8:20am
if you draw the line right you know its on it don't make things personal lol
I don't know right this min but its actually acting bullish
maybe not this but next one im interested if it holds
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  • #455,609
  • Oct 12, 2017 8:27am Oct 12, 2017 8:27am
Quoting Trade-G
1.3200 region on the cards, this area is where we hope to see a good foundation buildup.
Yes Bones that where I was at previously, looking for the base to form for the next upswing for the H4 trend could have changed, but it went to far ahead to 1.3120, not that this is bearish, I have seen setups like this but still looking for a reasonable entry point, as of now nothing bullish...
  • #455,610
  • Oct 12, 2017 8:30am Oct 12, 2017 8:30am
you will see maybe real time this is a mistake

Quoting Zakhar13
Now, as we can see, the price continues to fall back into the channel. And I assume that the price will continue to fall to the point of 1.30675 and then turn around and go back to the 1.32618 point. {image}
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  • #455,611
  • Oct 12, 2017 8:39am Oct 12, 2017 8:39am
Quoting Bones
if you draw the line right you know its on it don't make things personal lol I don't know right this min but its actually acting bullish maybe not this but next one im interested if it holds {image}
I Agreee... seems like a retest on the TL... in my chart it bounce to the pip.
  • #455,612
  • Oct 12, 2017 8:45am Oct 12, 2017 8:45am
Quoting Snowden
Bought a little at 134 {image}
20 will do
  • #455,613
  • Oct 12, 2017 8:58am Oct 12, 2017 8:58am
Quoting Bones
if you draw the line right you know its on it don't make things personal lol I don't know right this min but its actually acting bullish maybe not this but next one im interested if it holds {image}
Talking about drawing the trendline right lol
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  • #455,614
  • Oct 12, 2017 9:17am Oct 12, 2017 9:17am
lets say d1 recovers then that 2 point is what the markets working to
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  • #455,615
  • Oct 12, 2017 9:31am Oct 12, 2017 9:31am
exact matters
if this was pushed around it wouldn't do exact

Quoting maurofx
{quote} I Agreee... seems like a retest on the TL... in my chart it bounce to the pip.
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  • #455,616
  • Oct 12, 2017 9:34am Oct 12, 2017 9:34am
175 the kicker now
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  • #455,617
  • Oct 12, 2017 9:45am Oct 12, 2017 9:45am
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resistance
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  • #455,618
  • Oct 12, 2017 9:47am Oct 12, 2017 9:47am
sorry can't upload gbj
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  • #455,619
  • Oct 12, 2017 9:48am Oct 12, 2017 9:48am
Long 160 for 175 tg
  • #455,620
  • Oct 12, 2017 10:04am Oct 12, 2017 10:04am
break to upside bullish ,
downside bearish
under snows valid level
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