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Cable Update (GBPUSD)

  • #458,401
  • Mar 8, 2018 5:41am Mar 8, 2018 5:41am
Quoting Trade-G
{quote} Nice, you trade patterns ?
Well sort of. I use primarily higher TF S/R and TLs and the Fib tool, which together often/ sometimes produce patterns, but patterns are not my primary guide like they used to be. They are more of a consequence.
Come with me if you want to live....
  • #458,402
  • Mar 8, 2018 5:44am Mar 8, 2018 5:44am
Quoting Ill-b-back
{quote} Well sort of. I use primarily higher TF S/R and TLs and the Fib tool, which together often/ sometimes produce patterns, but patterns are not my primary guide like they used to be. They are more of a consequence.
Looking on sell

Trend is down !

SL, TP 100 pip

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 24 KB
[email protected] om
  • #458,403
  • Mar 8, 2018 5:59am Mar 8, 2018 5:59am
Quoting sat007
{quote} When first push was rejected you warned..I thought lets give a little more time for second candle confirmation now you see its hit 1.386 ish...
Closed short little early but this what it looks like for today s & r
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 27 KB
  • #458,404
  • Mar 8, 2018 6:07am Mar 8, 2018 6:07am
that tf will kill you on tls ,you wouldn't draw your second tl when you had a pretty good 3 pointer early on , pick up where the lines are higher
then you had to wait longer on the up

Quoting Trade-G
{quote} Yes Bones, that's what I meant, the swing structure especially on the lower timeframe tends to be more edgy, but it does provide some details. In the chart as long as the trend structure remains unchanged for the H1, it leans towards the bearish bias. {image}
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #458,405
  • Mar 8, 2018 6:15am Mar 8, 2018 6:15am
Quoting Profess
{quote} Looking on sell Trend is down ! SL, TP 100 pip {image}
I hope it works out for you.
Just be mindful of current support.

Something tells me on the daily there could be a little thing brewing out of left field
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 30 KB
Click to Enlarge Name: GBPUSDDaily.png Size: 30 KB
Come with me if you want to live....
  • #458,406
  • Mar 8, 2018 6:16am Mar 8, 2018 6:16am
Attached Image (click to enlarge)
Click to Enlarge Name: 50 GBPUSD-4-hours.png Size: 45 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #458,407
  • Mar 8, 2018 7:04am Mar 8, 2018 7:04am
Attached Image (click to enlarge)
Click to Enlarge Name: 60 GBPUSD-4-hours.png Size: 45 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #458,408
  • Mar 8, 2018 8:23am Mar 8, 2018 8:23am
while this is playing sidelines had a peek USA 30 index since morning heading North.. i took position yesterday when it went down 6.0% and now its heading back up..lets see..
  • #458,409
  • Mar 8, 2018 12:40pm Mar 8, 2018 12:40pm
It seems this has good potential to go at least to somewhere around 1.3760 and SL 1.3900.Marketmakers made good effort to make people go long at least 6-7 times in last two days,so maybe there is even greater potential downward.Many were expecting move toward 1.40 and falling trendline.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 33 KB
  • #458,410
  • Mar 9, 2018 12:19am Mar 9, 2018 12:19am
Quoting Trade-G
{quote} Yes Sammih, know what you mean, but often as long as swing lows are not taken, its prior bias remain unchanged, until proven otherwise. Like the chart you used with the MA for daily yes it seems weighed down heavily but now 2.13PM Asia times it went back higher to 1.3900 region and staying sideways....
Yes. True. But once those daily bears get to work....
I'm high on trading, cant you tell?
  • #458,411
  • Mar 9, 2018 12:21am Mar 9, 2018 12:21am
Quoting Jugoslavija
It seems this has good potential to go at least to somewhere around 1.3760 and SL 1.3900.Marketmakers made good effort to make people go long at least 6-7 times in last two days,so maybe there is even greater potential downward.Many were expecting move toward 1.40 and falling trendline. {image}
I'm expecting 3735 soon
I'm high on trading, cant you tell?
  • #458,412
  • Mar 9, 2018 12:40am Mar 9, 2018 12:40am
Inserted Video
  • #458,413
  • Mar 9, 2018 1:35am Mar 9, 2018 1:35am
Quoting Sammih
{quote} I'm expecting 3735 soon
Am with you brother !
  • #458,414
  • Mar 9, 2018 1:37am Mar 9, 2018 1:37am
Quoting Trade-G
I feel its more bearish bias for the week... weekly pivot 1.3859
Bearish still
  • #458,415
  • Mar 9, 2018 1:54am Mar 9, 2018 1:54am
Quoting Sammih
{quote} I'm expecting 3735 soon
I closed my trade at 1.3800 because price stalled during Asian time.Now everything is possible.In UJ dollar hit sensitive point where bears could attack it strongly,so I am careful.One more push down here is still possible,but we will not know until 1.3788 is broken at the minimum.
  • #458,416
  • Mar 9, 2018 2:13am Mar 9, 2018 2:13am
Quoting Jugoslavija
{quote} I closed my trade at 1.3800 because price stalled during Asian time.Now everything is possible.In UJ dollar hit sensitive point where bears could attack it strongly,so I am careful.One more push down here is still possible,but we will not know until 1.3788 is broken at the minimum.
At the same time GJ is positioned very aggressively on H1,so this is another clue that Cable could attack.M5 is very agressive right now.
  • #458,417
  • Mar 9, 2018 2:16am Mar 9, 2018 2:16am
do not short gbusd ,warned!!!!
  • #458,418
  • Mar 9, 2018 2:19am Mar 9, 2018 2:19am
ok,bit hasty before
Attached Image (click to enlarge)
Click to Enlarge Name: 61 cableScreenshot 2018-03-09_08-16-26.png Size: 160 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #458,419
  • Mar 9, 2018 2:19am Mar 9, 2018 2:19am
Quoting magicpips
do not short gbusd ,warned!!!!
Please explain ^^

I just short at 3826
  • #458,420
  • Mar 9, 2018 2:31am Mar 9, 2018 2:31am
Just look at the charts mate, it is in front of u,will reach 1.3880 level today and there and than will be flying breaking upwards, good luck
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