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Cable Update (GBPUSD)

  • #456,201
  • Nov 1, 2017 1:31pm Nov 1, 2017 1:31pm
it hasn't got unlimited movement at all if you read it right
you can check eur gbp monthly and make assumptions,eu would fall faster in a month without a doubt
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #456,202
  • Nov 1, 2017 1:39pm Nov 1, 2017 1:39pm
see d1 , but its basically range,I'm saying right now the weekly open will not change to bear
even yesterday

Quoting Bones
I think cable is limited to the major tl The weekly open is a bear problem this week {quote} {image}
Attached Image
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #456,203
  • Nov 1, 2017 1:43pm Nov 1, 2017 1:43pm
eu is bearish consolidation
Attached Image
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #456,204
  • Nov 1, 2017 2:00pm Nov 1, 2017 2:00pm
eur gbp

Quoting Bones
2526335{image} {image}
Attached Image (click to enlarge)
Click to Enlarge Name: eur gbp Screenshot 2017-11-01_19-01-33.png Size: 391 KB
Attached Image
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #456,205
  • Nov 1, 2017 2:41pm Nov 1, 2017 2:41pm
Quoting Dr.Phoenix
{quote} Hi, fellow-traders It is possible that bulls are in control of the market. Wednesday should confirm it or not. Why so? 1. Although 50% of the current month IB (Pic. 1) is still below the 100% line of the previous month's IB, the price is coming in to the 0%-100% area of the previous month's IB, what could bring us to the level of 50% for testing almost surely - 50% of the previous month's IB, I mean. 2. The current price level is nearby the local 4H high, what could force the price to be closed higher than this 4H high. 3. But the main thing...
Hi, guys

Today we can see the second attempt to overcome the 50% level of the previous month's IB and ...it has failed.

We can assume the price might come back to the levels of 1.3130-1.3150.

Looking forward to NFP...

Best
D.P.

P.S.

Quoting Bones
see d1 , but its basically range,I'm saying right now the weekly open will not change to bear even yesterday {quote} {image}
Yep.
Attached Image (click to enlarge)
Click to Enlarge Name: 10.jpg Size: 209 KB
Hunting High and Low
  • #456,206
  • Nov 1, 2017 3:59pm Nov 1, 2017 3:59pm
Hello, I found this video series on youtube and I believe it's really good and many videos helped me to think the right way how to improve.
The guy is great and he shares a lot of precious knowledge.
I thought to come here and share with people, hope you don't mind it's just sharing I don't own any right on it.

Enjoy

Inserted Video
90% of traders use TA, indicators and prediction
  • #456,207
  • Nov 1, 2017 4:19pm Nov 1, 2017 4:19pm
Quoting _BBKing_
Hello, I found this video series on youtube and I believe it's really good and many videos helped me to think the right way how to improve. The guy is great and he shares a lot of precious knowledge. I thought to come here and share with people, hope you don't mind it's just sharing I don't own any right on it. Enjoy https://youtu.be/FcllPexPWcc
Good video and there's also this YouTube channel. There is a series of videos on that channel and they're not just from this guy, but also from city traders, etc. Don't believe everything you read in the forums, watch the videos of the professionals and hear it straight from their mouth (I'm referring to the older videos on that channel so you'd have to scroll down). I'm not affiliate.
Here's Tom with the weather.
  • #456,208
  • Nov 1, 2017 4:54pm Nov 1, 2017 4:54pm
Well wasn't that an interesting yesterday.

It looks like the bulls have found support (for now) but inside the triangle causing yet another false breakout.

This has the effect of widening the triangle and thus increasing the target distances. It always seems counter intuition to make a pull back so it can climb higher.

Notice how price has stayed within the shadow of A B for these past two weeks or so. We can never trust breakouts until we pass the A or B.

Anyway if this bull support now holds then that means the bear support can be taken out and that looks likely to happen.

Target now 1.3631 if it breaks today!!!!!
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 95 KB
  • #456,209
  • Nov 2, 2017 1:55am Nov 2, 2017 1:55am
Inserted Video
  • #456,210
  • Nov 2, 2017 2:35am Nov 2, 2017 2:35am
looking at 3175 as good support...
Look Sharp/Trade Tight
  • #456,211
  • Edited 8:55pm Nov 2, 2017 3:11am | Edited 8:55pm
  • #456,212
  • Nov 2, 2017 3:34am Nov 2, 2017 3:34am
also seeing some S near 3233 right now...
Look Sharp/Trade Tight
  • #456,213
  • Nov 2, 2017 6:40am Nov 2, 2017 6:40am
Quoting PayTheLimit
looking at 3175 as good support...

try some longs here now, risk 12...
Look Sharp/Trade Tight
  • #456,214
  • Nov 2, 2017 6:48am Nov 2, 2017 6:48am
Quoting Bones
eur gbp {quote} {image} {image}
hi bones,

any open positions before boe decission?
fortis fortuna adiuvat
  • #456,215
  • Nov 2, 2017 6:55am Nov 2, 2017 6:55am
Quoting deltaone
{quote} hi bones, any open positions before boe decission?
I have 0.05 lots opened long at 1.3218.
  • #456,216
  • Nov 2, 2017 7:02am Nov 2, 2017 7:02am
long eurgbp 0,88672 sl -20 tp +60
fortis fortuna adiuvat
  • #456,217
  • Nov 2, 2017 7:03am Nov 2, 2017 7:03am
Quoting deltaone
long eurgbp 0,88672 sl -20 tp +60
sl = be now.
fortis fortuna adiuvat
  • #456,218
  • Nov 2, 2017 7:05am Nov 2, 2017 7:05am
rate increase..vote 7-0-2..but why gu n gj going down?
  • #456,219
  • Nov 2, 2017 7:08am Nov 2, 2017 7:08am
Quoting deltaone
{quote} sl = be now.
sl hit. +-0
fortis fortuna adiuvat
  • #456,220
  • Nov 2, 2017 7:10am Nov 2, 2017 7:10am
I had sold this on the same minute of opening news and had gotten 18$.
Later had also gone long on 1.31355 with 0.05 and got 2.5$.
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