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Cable Update (GBPUSD)

  • #457,441
  • Jan 8, 2018 7:33pm Jan 8, 2018 7:33pm
1.3595 to 1.3620 is the resistance today for a drop below 1.3550. This is my view today.
Intraday only.
  • #457,442
  • Jan 8, 2018 11:20pm Jan 8, 2018 11:20pm
Inserted Video
  • #457,443
  • Jan 8, 2018 11:48pm Jan 8, 2018 11:48pm
Just an interesting observation:

Daily high (1,3585), daily low (1,3523) and close out (1,3566) for last Friday and Monday (yesterday) were the same within 3 pips. So daily pivots for today are same as was for yesterday.
  • #457,444
  • Jan 9, 2018 2:42am Jan 9, 2018 2:42am
maybe some support near 1.3438, well I'm considering it anyway....
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH4.png Size: 52 KB
Look Sharp/Trade Tight
  • #457,445
  • Jan 9, 2018 3:21am Jan 9, 2018 3:21am
Quoting LetsTrade
Just an interesting observation: Daily high (1,3585), daily low (1,3523) and close out (1,3566) for last Friday and Monday (yesterday) were the same within 3 pips. So daily pivots for today are same as was for yesterday.
If the pair holds 3522, bulls will try to test 3600!!!
  • #457,446
  • Jan 9, 2018 3:21am Jan 9, 2018 3:21am
Out of longs hahahah
  • #457,447
  • Jan 9, 2018 3:23am Jan 9, 2018 3:23am
Quoting Trade-G
Out of longs hahahah
Really upset with my earlier short, could have let it run the full swing, when 1.3578 hit resistance
  • #457,448
  • Jan 9, 2018 3:26am Jan 9, 2018 3:26am
M1 is still contained within its down trendline
  • #457,449
  • Jan 9, 2018 3:35am Jan 9, 2018 3:35am
Quoting Dr.Zain
{quote} If the pair holds 3522, bulls will try to test 3600!!!
1.3527 region hold it will try to break the down trendline and maybe test the 1.3540 region
  • #457,450
  • Jan 9, 2018 3:36am Jan 9, 2018 3:36am
Any pattern traders here? does H4 look bearish to you? 1.3500 breaks that's it...
  • #457,451
  • Jan 9, 2018 3:39am Jan 9, 2018 3:39am
Will it test 1.34000 ?

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 38 KB
  • #457,452
  • Jan 9, 2018 3:48am Jan 9, 2018 3:48am
Last chance for a bullish push on the M5
  • #457,453
  • Jan 9, 2018 5:01am Jan 9, 2018 5:01am
No conviction and moving sideways... its gonna be a slow brew.... trade well !
  • #457,454
  • Jan 9, 2018 6:09am Jan 9, 2018 6:09am
Looks like it's trying to squeeze down to 3450 support area this week.
Come with me if you want to live....
  • #457,455
  • Jan 10, 2018 12:16am Jan 10, 2018 12:16am
Inserted Video
  • #457,456
  • Jan 10, 2018 2:11am Jan 10, 2018 2:11am
Just manage to lock for 2nd entries.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 39 KB
  • #457,457
  • Jan 10, 2018 2:31am Jan 10, 2018 2:31am
Monthly Manufacturing Prod. coming up in an hour or so let's see how this plays out...
  • #457,458
  • Jan 10, 2018 3:26am Jan 10, 2018 3:26am
Earlier short got stopped out.... lets see hmmm
  • #457,459
  • Jan 10, 2018 3:36am Jan 10, 2018 3:36am
Good thing scratch win, looking for weakness as its not out of the woods yet until it say so...
  • #457,460
  • Jan 10, 2018 3:46am Jan 10, 2018 3:46am
Quoting batus
Will it test 1.34000 ? {image}
Seems to hit 3400-3410 during the trading week!!!
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