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Cable Update (GBPUSD)

  • #456,101
  • Oct 27, 2017 2:56am Oct 27, 2017 2:56am
Quoting elbert3
Or is it back up to 3200
Longs where caught yesterday if one was trading with big stops . Thread normally goes quiet after this type of move ! Going back on my posts Mr Scott's 78% will hopefully show .. think it was 3050 ish . he knows what I mean .. 2850 or 2550 after that let's see . That could take us to next Thursday Bank of England news . Another of my posts said a big drop from where we were then big up to 1.450 1.650 Mr Scot will have it on file I hope
  • #456,102
  • Oct 27, 2017 3:20am Oct 27, 2017 3:20am
maybe some R in EG near 8915...
Look Sharp/Trade Tight
  • #456,103
  • Oct 27, 2017 3:57am Oct 27, 2017 3:57am
Quoting elbert3
{quote} Longs where caught yesterday if one was trading with big stops . Thread normally goes quiet after this type of move ! Going back on my posts Mr Scott's 78% will hopefully show .. think it was 3050 ish . he knows what I mean .. 2850 or 2550 after that let's see . That could take us to next Thursday Bank of England news . Another of my posts said a big drop from where we were then big up to 1.450 1.650 Mr Scot will have it on file I hope
3040 on my charts but it is at extreme stretched levels. moreover i see selling pressure in eurgbp around 8900 in a falling gbp scenario which is bullish for gbp
  • #456,104
  • Oct 27, 2017 3:58am Oct 27, 2017 3:58am
Quoting Nala66
That 309 Bull support is still valid, the bears haven't closed across it yet The bears also have support at 3166 so I imagine they will next take out the bull support.
Now the bears have closed across it
  • #456,105
  • Oct 27, 2017 4:02am Oct 27, 2017 4:02am
Quoting elbert3
{quote} Longs where caught yesterday if one was trading with big stops . Thread normally goes quiet after this type of move ! Going back on my posts Mr Scott's 78% will hopefully show .. think it was 3050 ish . he knows what I mean .. 2850 or 2550 after that let's see . That could take us to next Thursday Bank of England news . Another of my posts said a big drop from where we were then big up to 1.450 1.650 Mr Scot will have it on file I hope
both levels are not possible till next thursday. if we get there gbp may fall to 1.26 or 1.22. I dont think it is that bearish
  • #456,106
  • Oct 27, 2017 4:10am Oct 27, 2017 4:10am
I thought about it Nala the steeper the line means other feeds hit it different time on that mt4 tester
horizontal same
but peaks what you want are always the same bit of a head bender lol
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  • #456,107
  • Oct 27, 2017 4:16am Oct 27, 2017 4:16am
Quoting Bones
I thought about it Nala the steeper the line means other feeds hit it different time on that mt4 tester horizontal same but peaks what you want are always the same bit of a head bender lol
  • #456,108
  • Oct 27, 2017 4:23am Oct 27, 2017 4:23am
tell you what you have a different h4
find the best line you can find then I can try to match it on h4

Quoting Nala66
{quote}
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  • #456,109
  • Oct 27, 2017 4:23am Oct 27, 2017 4:23am
Here we go... What do you THINK this average is trying to do?

It isn't rocket science and if we are trading below the average under a bear support then which way should we be trading?

Who cares where price will be next week?

I want my daily bread.

There is such a lot of BS on the thread, no wonder people are confused.
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  • #456,110
  • Oct 27, 2017 4:25am Oct 27, 2017 4:25am
Quoting Bones
tell you what you have a different h4 find the best line you can find then I can try to match it on h4 {quote}
Because it depends on the broker not the platform
  • #456,111
  • Oct 27, 2017 4:31am Oct 27, 2017 4:31am
Quoting Bones
tell you what you have a different h4 find the best line you can find then I can try to match it on h4 {quote}
Sorry about the delay I had to set up a 4 hour chart cos I don't use it.

Here is that dead straight line you have.
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  • #456,112
  • Oct 27, 2017 4:44am Oct 27, 2017 4:44am
yea that's another beauty works any close any platform
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  • #456,113
  • Oct 27, 2017 4:49am Oct 27, 2017 4:49am
therefore to worry about not trusting the different opens holds no merit
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  • #456,114
  • Oct 27, 2017 4:53am Oct 27, 2017 4:53am
Quoting Bones
yea that's another beauty works any close any platform{image}
Yes but on mine the top two bars poked across

I know it is not much but if this were the start of a line then the angle over a long distance would make a heck of a difference.
  • #456,115
  • Oct 27, 2017 5:10am Oct 27, 2017 5:10am
honestly there the same mt4 can be slightly out you need to teak it and make it longer to the left find the point
even if I go
12hr
and 15-9 hr so im cutting d1 odd
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  • #456,116
  • Oct 27, 2017 5:12am Oct 27, 2017 5:12am
Quoting giveachance
{quote} 3040 on my charts but it is at extreme stretched levels. moreover i see selling pressure in eurgbp around 8900 in a falling gbp scenario which is bullish for gbp
regards
  • #456,117
  • Oct 27, 2017 5:13am Oct 27, 2017 5:13am
it does not matter how you cut the data for a fact
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  • #456,118
  • Oct 27, 2017 5:25am Oct 27, 2017 5:25am
euro is taking a dive. eurgbp to 8700 soon
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  • #456,119
  • Oct 27, 2017 7:55am Oct 27, 2017 7:55am
I'll try a long at 3076
https://twitter.com/BeauBuyer
  • #456,120
  • Oct 27, 2017 8:37am Oct 27, 2017 8:37am
major tl there
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