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Cable Update (GBPUSD)

  • #458,461
  • Mar 9, 2018 8:43am Mar 9, 2018 8:43am
That's cramped in my bedroom though
Quoting SweetRevenge
{quote} Bones, thanks for leading our Bank Proprietary Team LOL
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #458,462
  • Mar 9, 2018 9:15am Mar 9, 2018 9:15am
its the red one under pressure imo
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #458,463
  • Mar 9, 2018 9:18am Mar 9, 2018 9:18am
Waiting for 1.3910 levels and than targeting downtrend up line channel and break out will happen there and upward move will continue, have a nice weekend everyone
  • #458,464
  • Mar 9, 2018 11:22am Mar 9, 2018 11:22am
Quoting Jugoslavija
As I wrote in the morning,level 1.3788 is very important.Now it seems we will have push upwards over 1.3830 towards 1.3911.Then pullback and consolidation below 1.3911 until end of the day.
A warning here:If marketmakers don't push today or Monday over 1.3927,than this was the final push upwards and last bull trap.At the same time they managed to scare or confuse bears,especially on such NFP.
People hoping for another hit on falling Daily trendline which everybody is so intensely watching will be probably disappointed and yet,they were so close.Well if I were marketmaker,I would do it the same way.My SL is 1.3927
  • #458,465
  • Mar 9, 2018 4:32pm Mar 9, 2018 4:32pm
Looking at the daily, it's in a tough squeeze.
Considering everything at this point, not sure I have confidence in the blue daily TL holding off the monthly 55ema.
Time will tell.

WARNING, WARNING, WARNING....lol

This is only an opinIon, not A FACT

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Come with me if you want to live....
  • #458,466
  • Mar 9, 2018 5:04pm Mar 9, 2018 5:04pm
Quoting Ill-b-back
Looking at the daily, it's in a tough squeeze. Considering everything at this point, not sure I have confidence in the blue daily TL holding off the monthly 55ema. Time will tell. WARNING, WARNING, WARNING....lol This is only an opinion, not A FACT {image} {image} {image} {image}
Of-course it is only an opinion,thats why I posted my SL and explanation for it.
  • #458,467
  • Mar 9, 2018 5:18pm Mar 9, 2018 5:18pm
Quoting Jugoslavija
{quote} Of-course it is only an opinion,thats why I posted my SL and explanation for it.
Hi Jugoslavija, sorry, my WARNING was not directed at you.
It was for the other "Warning" guy who got his nose out of joint.
When I see people shouting, telling me what price is going to do, previous experience of this kind tells me to ignore it. Particulary when no chart is shown.

Opinions I respect.
Come with me if you want to live....
  • #458,468
  • Mar 9, 2018 5:22pm Mar 9, 2018 5:22pm
Quoting Ill-b-back
{quote} Hi Jugoslavija, sorry, my WARNING was not directed at you. It was for the other "Warning" guy who got his nose out of joint. When I see people shouting, telling me what price is going to do, previous experience of this kind tells me to ignore it. Particulary when no chart is shown. Opinions I respect.
Thank you.
  • #458,469
  • Mar 9, 2018 5:23pm Mar 9, 2018 5:23pm
Quoting Jugoslavija
{quote} Thank you.
No probs, sorry, it was my mistake.
Come with me if you want to live....
  • #458,470
  • Mar 9, 2018 7:56pm Mar 9, 2018 7:56pm
USD strengthened as economic data increased, but why the GBP also increased?
  • #458,471
  • Mar 10, 2018 3:24am Mar 10, 2018 3:24am
how do you know
Quoting Code.comtioe
USD strengthened as economic data increased, but why the GBP also increased?
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #458,472
  • Mar 10, 2018 3:33am Mar 10, 2018 3:33am
usd went down and gbp up an equal amount to make the d1 -roughly
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #458,473
  • Mar 10, 2018 3:37am Mar 10, 2018 3:37am
jpy weakened to make the weekly off tl ,
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  • #458,474
  • Mar 10, 2018 2:34pm Mar 10, 2018 2:34pm
Quoting Ill-b-back
Looking at the daily, it's in a tough squeeze. Considering everything at this point, not sure I have confidence in the blue daily TL holding off the monthly 55ema. Time will tell. WARNING, WARNING, WARNING....lol This is only an opinIon, not A FACT {image} {image} {image} {image}
Of course there is often an alternate scenario
Attached Image(s) (click to enlarge)
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Come with me if you want to live....
  • #458,475
  • Mar 10, 2018 3:29pm Mar 10, 2018 3:29pm
By the technical structure of the GBPUSD, I see the likelihood of a southward pullback to a horizontal support around the 1.35970 area in the early part of next week and with the possibility of testing the support trendline (red) on the weekly time frame before a northward turnaround.

I may be wrong. Trade safe and prosper.

KP


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Do your homework, follow the footprints of smart money
  • #458,476
  • Mar 10, 2018 8:53pm Mar 10, 2018 8:53pm
I dunno the longer time frames are not saying much...The daily is back where it was 23 days ago with the battle for average dominance still going.

The monthly appears to be trying for bull support but we have to wait out the month for confirmation.
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  • #458,477
  • Mar 10, 2018 9:38pm Mar 10, 2018 9:38pm
Checking my crystal ball chart, I see the future is bright for the bulls but beware the tall dark stranger who will lead you astray.
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  • #458,478
  • Mar 11, 2018 10:47am Mar 11, 2018 10:47am
GBPUSD Daily
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  • #458,479
  • Mar 11, 2018 3:35pm Mar 11, 2018 3:35pm
Quoting hippiedog
TAKE A CHANCE. https://youtu.be/-crgQGdpZR0 {image} {image}

UP UP UP UP UP UP UP UP UP UP UP UP UP UP UP


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FREEDOM IS SECURITY.
  • #458,480
  • Edited 4:56pm Mar 11, 2018 3:57pm | Edited 4:56pm
Inserted Video
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FREEDOM IS SECURITY.
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