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Cable Update (GBPUSD)

  • #455,701
  • Oct 13, 2017 8:40am Oct 13, 2017 8:40am
no way back this or next week
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  • #455,702
  • Oct 13, 2017 8:42am Oct 13, 2017 8:42am
why= here
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  • #455,703
  • Oct 13, 2017 8:44am Oct 13, 2017 8:44am
you want to know why or your wasting time chit chat
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  • #455,704
  • Oct 13, 2017 8:49am Oct 13, 2017 8:49am
Quoting Bones
is bullish {quote} {image}
Yes she is bullish, Bone valid bullish since bar close yesterday, she will tested the previous higher high...
  • #455,705
  • Oct 13, 2017 8:56am Oct 13, 2017 8:56am
Quoting Bones
why= here {image}
Failure Bullish USDLfx.. at 21EMA weekly tf ...

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  • #455,706
  • Oct 13, 2017 8:59am Oct 13, 2017 8:59am
perfect example of something useful

Quoting mrhb30jr
{quote} Hi Bone, Daily demand has been tested price pullback more then opening daily and close above ... strong bullish to test the previous higher high at 1.36 area... {image} GJ also same tested the previous bko resistance, and now flip to the demand area ... look like Strong S/R Area {image} cheers
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  • #455,707
  • Oct 13, 2017 9:12am Oct 13, 2017 9:12am
I have to put the diagonal back on ,but w1 is bullish right now for higher maybe that space were in
if it went bear I think that lower line is very good
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  • #455,708
  • Oct 13, 2017 9:14am Oct 13, 2017 9:14am
monthly $ worries me too far
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  • #455,709
  • Oct 13, 2017 9:48am Oct 13, 2017 9:48am
read higher tfs as you go there's information whats really possible
size of failure matters
i.e a sure-fire that does not happen should make you think again

Quoting Bones
forward thinking how it will close 1 min no way could I bother maybe one day ill see the sense bears cannot change the outlook I read as we go all the time I've seen it done , bears have failed gap up then up off support so we could have upper wick =yes but probability says no way can bears break lower this week and maybe next the size of the failure matters {quote} {image}
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  • #455,710
  • Oct 13, 2017 9:52am Oct 13, 2017 9:52am
im giving professional advise
which im just repeating someone told me
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  • #455,711
  • Oct 13, 2017 10:10am Oct 13, 2017 10:10am
Quoting jbmaverick
{quote} Tal - Don't feel bad - I was holding long Gbp/Usd and Gbp/Aud for hours yesterday...sold my Gbp/Aud position for a lousy 6 pips profit right before it shot to the moon - Fortunately, I held onto my Gbp/Usd trade.

hahaha. Well, can't catch them all right?

I've been scalping the volatility all day while waiting for my pending to be hit so, can't complain really. my heart just sank a little when it shot off like a rocket and my order was 5 pips below the price..

Just took a high-risk scalp on the 1.33178 sell, my heart fluttered though cos I am well over my risk management. Sometimes it's just nice to have fun.

Gonna stop now before I'm caught out.

Have an awesome weekend.
  • #455,712
  • Oct 13, 2017 10:59am Oct 13, 2017 10:59am
Quoting Bones
im talking highly unlikely it can take the daily without lower few ticks more it would confirm as is {image}
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  • #455,713
  • Oct 13, 2017 11:05am Oct 13, 2017 11:05am
freefall
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  • #455,714
  • Oct 13, 2017 12:18pm Oct 13, 2017 12:18pm
The pair is testing 1.3300. If it breaks out above that level it could reach 1.3500, but I am unwilling to open new positions right before the market closes in a few hours.
  • #455,715
  • Oct 13, 2017 4:16pm Oct 13, 2017 4:16pm
Somehow insecure, i'm staying away for now.
  • #455,716
  • Oct 14, 2017 7:39am Oct 14, 2017 7:39am
it can do these things down side , up side , side
up
but not down down
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  • #455,717
  • Oct 14, 2017 7:51am Oct 14, 2017 7:51am
eur gbp can go up a little ,but then down down
think like eur gbp can not go higher than last week theres information right there
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  • #455,718
  • Oct 14, 2017 7:56am Oct 14, 2017 7:56am
if eur gbp goes there 1 of 2 things should happen
eur down
gbp up
forex is handy for confluence
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  • #455,719
  • Oct 14, 2017 7:59am Oct 14, 2017 7:59am
bearish w1 ,bearish monthly
bearish d1 Thursday

Quoting Bones
{quote} {image}
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  • #455,720
  • Oct 14, 2017 8:04am Oct 14, 2017 8:04am
trend line loss ,big round number
upper wick zone to a big bear candle

Quoting Bones
if eur gbp goes there 1 of 2 things should happen eur down gbp up forex is handy for confluence {image}
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