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Cable Update (GBPUSD)

  • #456,361
  • Nov 5, 2017 9:08pm Nov 5, 2017 9:08pm
Gbp/Usd is consolidating around mid level between 1.30 to 1.31, showing no directional strength. 1.300 is key level, break below would gain strength to the downside.
  • #456,362
  • Nov 5, 2017 9:37pm Nov 5, 2017 9:37pm
Back to break even on this little up move.

I'll pack it in now and await the London session.
  • #456,363
  • Nov 5, 2017 9:49pm Nov 5, 2017 9:49pm
Quoting csc2009
Gbp/Usd is consolidating around mid level between 1.30 to 1.31, showing no directional strength. 1.300 is key level, break below would gain strength to the downside.
That's 75 pips away, phew that is a long wait
  • #456,364
  • Nov 5, 2017 11:04pm Nov 5, 2017 11:04pm
Quoting Nala66
{quote} That's 75 pips away, phew that is a long wait
you consider to buy GBPUSD then?
  • #456,365
  • Nov 6, 2017 12:00am Nov 6, 2017 12:00am
Bought GU at 3076 tp at 3225
Forex Learner
  • #456,366
  • Nov 6, 2017 12:32am Nov 6, 2017 12:32am
Inserted Video
  • #456,367
  • Nov 6, 2017 12:55am Nov 6, 2017 12:55am
Quoting Aleksbuk
http://www.youtube.com/watch?v=yWtFQ20e7fw
Up or down, we will take anything! This tight range in the doldrums makes me understand why hedge funds have been going to the wall this year, citing a lack of volatility.
  • #456,368
  • Nov 6, 2017 1:26am Nov 6, 2017 1:26am
Morning 3080 break could see 3130 and the a clear run it looks like to 3170 , so I will be looking at a hedge trade around them numbers short I think 3069 could be worth a break to last weeks bottom and 2955 area posted last week below that 2770 2550 and I would like to see a bottom dojior a nice bull candle to try to confirm a strong case . But let's be carefull
  • #456,369
  • Nov 6, 2017 1:29am Nov 6, 2017 1:29am
Eu just broke 1600 again so let's see if it's going to direct the pound .
  • #456,370
  • Nov 6, 2017 2:15am Nov 6, 2017 2:15am
Quoting harsiswanto
{quote} you consider to buy GBPUSD then?
Not at all I trade the way the market tells me to trade
  • #456,371
  • Nov 6, 2017 2:33am Nov 6, 2017 2:33am
A bit slow today
So far
+1.+6. +3+6=+16 now with +4 to go

My broker must love me for paying all these spreads.
Time for a coffee
  • #456,372
  • Nov 6, 2017 2:48am Nov 6, 2017 2:48am
Darn it / go for a coffee and the bull support takes off...that would have filled my day
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  • #456,373
  • Nov 6, 2017 3:22am Nov 6, 2017 3:22am
It hit that upper bear support twice so I close the trade on the second hit...more than enough for the day.

Now Ill go and watch the bake off
  • #456,374
  • Nov 6, 2017 3:28am Nov 6, 2017 3:28am
Quoting Nala66
It hit that upper bear support twice so I close the trade on the second hit...more than enough for the day. Now Ill go and watch the bake off
whats a bake off anyway?
Look Sharp/Trade Tight
  • #456,375
  • Nov 6, 2017 4:00am Nov 6, 2017 4:00am
I think it's opposite to bingo as written on his after the events
just guessing

Quoting PayTheLimit
{quote} whats a bake off anyway?
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #456,376
  • Nov 6, 2017 5:29am Nov 6, 2017 5:29am
If resistance at 1.3130 not broken may retest 1.3065
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  • #456,377
  • Nov 6, 2017 10:59am Nov 6, 2017 10:59am
Quoting Bones
meanwhile> I adjusted that h1 tl and eur gbp is down 56 pips now eu down 55 {image} {image}
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #456,378
  • Nov 6, 2017 11:10am Nov 6, 2017 11:10am
eur gbp down 58 pips today
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #456,379
  • Nov 6, 2017 11:12am Nov 6, 2017 11:12am
Attachment g
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Attached Image
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #456,380
  • Nov 6, 2017 11:21am Nov 6, 2017 11:21am
As of now I have GBPUSD, GBPCAD, GBPJPY upwards for the next session except for GBPAUD, which I'll be looking to sell. Still need candle close, open and other details but it's my early bird special.
Here's Tom with the weather.
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