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Cable Update (GBPUSD)

  • #455,981
  • Oct 20, 2017 9:44am Oct 20, 2017 9:44am
Quoting Mr. Scott
{quote} who put that line there? {image}
https://m.youtube.com/watch?v=Jmg86CRBBtw we have seen this before
  • #455,982
  • Oct 20, 2017 9:52am Oct 20, 2017 9:52am
weak dark cloud to strong dark cloud it can only change another bear ,maybe engulf
close as is
good enough
sell any up

Quoting Bones
dark cloud now read it now {image}
Attached Image
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #455,983
  • Oct 20, 2017 10:05am Oct 20, 2017 10:05am
GBPUSD
========
TRADE UPDATE 3
[TARGET ACHIEVED;SHORT FILLED at 1.3200]
*** PROFIT : 92 pips ***
-Buy Entry : 1.3108
-Initial Stop : 1.3085
-Target : 1.3200
=Risk : 23 pips
=Reward : 92 pips
=RRR : 4

Attached Image (click to enlarge)
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  • #455,984
  • Oct 20, 2017 10:21am Oct 20, 2017 10:21am
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  • #455,985
  • Oct 20, 2017 10:27am Oct 20, 2017 10:27am
Quoting Beyfor
GBPUSD ======== TRADE UPDATE 3 [TARGET ACHIEVED;SHORT FILLED at 1.3200] *** PROFIT : 92 pips *** -Buy Entry : 1.3108 -Initial Stop : 1.3085 -Target : 1.3200 =Risk : 23 pips =Reward : 92 pips =RRR : 4 {image}

Great one!
  • #455,986
  • Oct 20, 2017 1:32pm Oct 20, 2017 1:32pm
super duper bearish daily
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  • #455,987
  • Oct 20, 2017 1:33pm Oct 20, 2017 1:33pm
omg
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #455,988
  • Oct 20, 2017 2:45pm Oct 20, 2017 2:45pm
Upper tl around 1.32 seems to hold
i'm very curious about monday

think i will still be a bear
https://twitter.com/BeauBuyer
  • #455,989
  • Oct 20, 2017 6:55pm Oct 20, 2017 6:55pm
Quoting Beyfor
GBPUSD ======== TRADE UPDATE 3 [TARGET ACHIEVED;SHORT FILLED at 1.3200] *** PROFIT : 92 pips *** -Buy Entry : 1.3108 -Initial Stop : 1.3085 -Target : 1.3200 =Risk : 23 pips =Reward : 92 pips =RRR : 4 {image}
very well done...nice trade.
  • #455,990
  • Oct 21, 2017 10:33am Oct 21, 2017 10:33am
I got a little whipsawed last week, which was a tad annoying, but that shows the value of good risk/money management...!

In any case, can I ask for your opinion on my attached chart?

The light blue level and the red level - which of the two would you consider valid?

I have been debating with myself as to when levels become invalid and when to re-draw support/resistance lines. I'd really appreciate any thoughts on this, too.
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  • #455,991
  • Oct 21, 2017 10:58am Oct 21, 2017 10:58am
Quoting Bones
omg
Attached Image (click to enlarge)
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Attached Image (click to enlarge)
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #455,992
  • Oct 21, 2017 7:22pm Oct 21, 2017 7:22pm
My daily chart... should be an interesting week ahead.
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  • #455,993
  • Oct 22, 2017 7:51am Oct 22, 2017 7:51am
.... . ? ?
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  • #455,994
  • Oct 22, 2017 4:24pm Oct 22, 2017 4:24pm
Quoting elbert3
Carefull when gbj hits 150.10 area
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  • #455,995
  • Oct 22, 2017 5:12pm Oct 22, 2017 5:12pm
nice move on Abe's win
  • #455,996
  • Oct 22, 2017 10:17pm Oct 22, 2017 10:17pm
Gbp/Usd is neutral, showing no clear directional strength for now. Market continue to focus on any further Brexit development and we have UK GDP this week too.
  • #455,997
  • Oct 22, 2017 11:41pm Oct 22, 2017 11:41pm
flagish against 3196 now, waiting for it to resolve....am liking that resistance at 3267 for shorts today...
Attached Image (click to enlarge)
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Look Sharp/Trade Tight
  • #455,998
  • Oct 23, 2017 12:30am Oct 23, 2017 12:30am
Looks like GBP broke trend resistance (red) and now stops in strong area 1.3200 - 1.3220 (yellow). If will pass this area, can try buy on retest.
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  • #455,999
  • Oct 23, 2017 4:06am Oct 23, 2017 4:06am
Last weekly reports:

previous one
last intra week analysis
current one
Ubi maior minor cessat
  • #456,000
  • Oct 23, 2017 8:13am Oct 23, 2017 8:13am
Now the price is in flat. And I think that today there will be no strong movement. And if it does, I hope it go up to the resistance through the point of 1.32618. And if it goes down, then I think it will reach the point of 1.30724.
Attached Image (click to enlarge)
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