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Cable Update (GBPUSD)

  • #458,641
  • Mar 20, 2018 6:22am Mar 20, 2018 6:22am
Got some fib resistance above to clear
Attached Image (click to enlarge)
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Come with me if you want to live....
  • #458,642
  • Mar 20, 2018 6:48am Mar 20, 2018 6:48am
132 pips and done for the day .. expect both pairs to head lower but target reached is target reached.
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  • #458,643
  • Mar 20, 2018 7:02am Mar 20, 2018 7:02am
keep in mind : tomorrow fed rate hike and markets are buying usd till fed decision and will hike 4 times this year ( positive ) or 3 times only ( negative )
GBP will be in range 1.4040 to 1.3980 >>
regards
  • #458,644
  • Mar 20, 2018 10:08am Mar 20, 2018 10:08am
Quoting forexlover20
keep in mind : tomorrow fed rate hike and markets are buying usd till fed decision and will hike 4 times this year ( positive ) or 3 times only ( negative ) GBP will be in range 1.4040 to 1.3980 >> regards
Thanks for the heads up!~
  • #458,645
  • Mar 20, 2018 11:15am Mar 20, 2018 11:15am
Gonna be a short day tomorrow ..
  • #458,646
  • Mar 20, 2018 12:23pm Mar 20, 2018 12:23pm
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #458,647
  • Mar 20, 2018 12:51pm Mar 20, 2018 12:51pm
Attached Image (click to enlarge)
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #458,648
  • Mar 21, 2018 12:36am Mar 21, 2018 12:36am
GBPUSD for today
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  • #458,649
  • Edited 3:06am Mar 21, 2018 2:53am | Edited 3:06am
Conflicting signals this morning but expected - if a short is on today would look to position later on in the day .. just a logical approach.
Reasoning here being if your gonna jump then position yourself correctly. If this morning is going to be a straight up and push then the previous two highs could be a good vantage point. If i dont see a trade i am comfortable with then i will wait a day and pick up the move .. simplicty
  • #458,650
  • Mar 21, 2018 3:18am Mar 21, 2018 3:18am
Quoting hippiedog
{quote} Hi mate. 1minute has long term and short term just like 1H 4H Daily weekly monthly. A trend is a trend. A period of time that the chosen time frame of any market effortlessly continued in an upwards or downwards direction without very little resistance for a longer than usual period of time. Example 70% sideways 30% trending, do you understand? . An indicator made from averages called the Bill Williams alligator Could help you with this study. Like water the market will always find the route with least resistance. And the market has A LOT...
Thank you.
  • #458,651
  • Edited 3:47am Mar 21, 2018 3:27am | Edited 3:47am
Currently long on a 5 min triangle, targeting 4052

Whoops that should have been 4045 don't know what I was thinking
  • #458,652
  • Mar 21, 2018 3:54am Mar 21, 2018 3:54am
Average Earnings Index 3m/y is coming what you think guys what is impact on GU for this data ?
  • #458,653
  • Mar 21, 2018 4:06am Mar 21, 2018 4:06am
Cable have got Bullish because US Rate News Issue :

The Fed Is Signaling More Than 3 Interest Rate Hikes for 2018
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Always looking the GREAT, never left GOOD Point...
  • #458,654
  • Mar 21, 2018 4:39am Mar 21, 2018 4:39am
Nice average earnings and although a quiet day is anticipated pre-fomc, I am long GBP/USD at 1.4056 with a target of 1.4150
It's a big game.
  • #458,655
  • Mar 21, 2018 4:44am Mar 21, 2018 4:44am
I'm Taking short from 1.4070
Regard NOOR16
  • #458,656
  • Mar 21, 2018 5:02am Mar 21, 2018 5:02am
Taken two trades off and moved the stop to lock in 50 pips on the remaining trade.
  • #458,657
  • Mar 21, 2018 5:03am Mar 21, 2018 5:03am
Guess ill be selling this one again once it reaches 1.41
  • #458,658
  • Mar 21, 2018 5:06am Mar 21, 2018 5:06am
I am hoping the bulls break the 4072 resistance this time. They have had a couple of goes at it.
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  • #458,659
  • Edited 5:29am Mar 21, 2018 5:17am | Edited 5:29am
The Formation 3 (Last) Candle looks interesting !

Cable for Next Month will be...

The Bullish Trend continues
Or will changes to Bearish
Attached Image (click to enlarge)
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Always looking the GREAT, never left GOOD Point...
  • #458,660
  • Mar 21, 2018 5:53am Mar 21, 2018 5:53am
Hey all

This is what I see in the GBPUSD

Red engulfing candle at 8H chart that get a low

1H chart last bollinger band

price need to fall to the trendline to test him and maybe to make new low to the engulfing candle


Any way GBPNZD is look the must good trade now in the market (price make sneak attack above Daily chart last Bollinger band)
So its a good short for 300 pips target


GL HF
Attached Image (click to enlarge)
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