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Cable Update (GBPUSD)

  • #457,861
  • Feb 13, 2018 4:37am Feb 13, 2018 4:37am
Quoting Nala66
I really don't see the point of enduring 3 days or more of anguish with a 200 pip draw down just to hang on for B/E
Who is enduring?
  • #457,862
  • Feb 13, 2018 4:40am Feb 13, 2018 4:40am
3942 is the 161.8 FibEx of yesterdays move.
  • #457,863
  • Feb 13, 2018 4:43am Feb 13, 2018 4:43am
I feel something fishy with gu bullish price action ,usually it moves hard and fast but today the bull is a reluctant... Hmm..
  • #457,864
  • Feb 13, 2018 4:59am Feb 13, 2018 4:59am
Quoting Nala66
I really don't see the point of enduring 3 days or more of anguish with a 200 pip draw down just to hang on for B/E
LOL.. exited..

I held those wrong position because I can see a strong support below them..

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  • #457,865
  • Feb 13, 2018 4:59am Feb 13, 2018 4:59am
Quoting SweetRevenge
please GU, clear my longs up to 1.3950..
One more 1 hour bar like the last two and you are home, got my fingers crossed for you.
  • #457,866
  • Feb 13, 2018 5:02am Feb 13, 2018 5:02am
Quoting Nala66
{quote} One more 1 hour bar like the last two and you are home, got my fingers crossed for you.
thanks, but it's over
  • #457,867
  • Feb 13, 2018 5:03am Feb 13, 2018 5:03am
Quoting SweetRevenge
{quote} LOL.. exited.. I held those wrong position because I can see a strong support below them.. {image}

as long as you understand that, in the long run, that strategy is not gonna work...
Look Sharp/Trade Tight
  • #457,868
  • Feb 13, 2018 5:07am Feb 13, 2018 5:07am
Quoting PayTheLimit
{quote} as long as you understand that, in the long run, that strategy is not gonna work...

Thanks, but anyway, I have my own reason

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  • #457,869
  • Feb 13, 2018 5:09am Feb 13, 2018 5:09am
Quoting SweetRevenge
{quote} Thanks, but anyway, I have my own reason {image}

we all have our reasons brother, just be careful, sometimes it doesn't come back....good luck.
Look Sharp/Trade Tight
  • #457,870
  • Feb 13, 2018 5:35am Feb 13, 2018 5:35am
personally, waiting for a test of 1.3950/60 first, maybe we see some sellers there, maybe I'll join them....laters..
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Look Sharp/Trade Tight
  • #457,871
  • Feb 13, 2018 5:39am Feb 13, 2018 5:39am
Struggling a tad here at the knot in the cotton, it is also the 127.2 FibEx
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  • #457,872
  • Feb 13, 2018 5:50am Feb 13, 2018 5:50am
Selling up to 139.53, SL @140

Brick size = 15.7 pips
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Pride always comes before destruction.... -Proverbs 16:18
  • #457,873
  • Edited 6:53am Feb 13, 2018 6:24am | Edited 6:53am
Long 1.39100 to 1.39700

bullish hidden div occurs

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  • #457,874
  • Feb 13, 2018 6:49am Feb 13, 2018 6:49am
Looking for a rejection within this zone to complement the daily TF selling pressure
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Come with me if you want to live....
  • #457,875
  • Feb 13, 2018 8:03am Feb 13, 2018 8:03am
About 1 hour after this post was made, price action started moving southward and has since moved more than 60 pips southward.

I am not always right. Trade safe and prosper.

KP

Quoting KeenPips
Although you should not be trading based on hope, it's likely that you'ii get some pips northward. But technically the 1.3950 level appears to be too optimistic as a target. Bulls have to contend with some resistance around the 1.3910/1.3940 zone. Trade safe and prosper KP {quote}
Do your homework, follow the footprints of smart money
  • #457,876
  • Feb 13, 2018 8:10am Feb 13, 2018 8:10am
Quoting SweetRevenge
Long 1.39100 to 1.39700 bullish hidden div occurs {image}
the above one was too early..


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  • #457,877
  • Feb 13, 2018 9:06am Feb 13, 2018 9:06am
It just cannot get any more perfect than this......
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  • #457,878
  • Feb 13, 2018 10:57am Feb 13, 2018 10:57am
Quoting Nala66
{quote} Hi Elbert The doji you speak of is also at the level of the average 3935 and this is also a 161.8 Fib Ex (1 hour), so should be interesting to see if it makes it. {image}
Hi looks like it made that move . We might see it short from that top now 3615 oils still be the target . Regards
  • #457,879
  • Feb 13, 2018 3:49pm Feb 13, 2018 3:49pm
Quoting elbert3
{quote} Hi looks like it made that move . We might see it short from that top now 3615 oils still be the target . Regards
No not made it yet, it was 11 pips short of 3935 but I still think it will make it and possibly during this Asian session. 40 pips away now. The Bulls have held above the average for the past 24 hours or so and no sign of the Bears taking it back though they have tried.
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  • #457,880
  • Feb 13, 2018 11:55pm Feb 13, 2018 11:55pm
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