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Cable Update (GBPUSD)

  • #458,761
  • Mar 23, 2018 1:37am Mar 23, 2018 1:37am
Quoting Samson85
{quote} Yep alot of people got burnt on that. It was to do with the global tariff US is imposing and also traders just want irish boarder settled today.
What is an Irish Boarder, I can't find it in my toolbox
  • #458,762
  • Mar 23, 2018 1:50am Mar 23, 2018 1:50am
I dont see anywhere in news the goverment discussing irish border today but its just second round of talks on brixit started in Brussels, the key issue was irish border where they want to avoid hard border on irish border checking etc..

http://www.itv.com/news/utv/2018-03-...ne-by-october/
  • #458,763
  • Mar 23, 2018 1:58am Mar 23, 2018 1:58am
Quoting sat007
I dont see anywhere in news the goverment discussing irish border today but its just second round of talks on brixit started in Brussels, the key issue was irish border where they want to avoid hard border on irish border checking etc.. http://www.itv.com/news/utv/2018-03-...ne-by-october/
IC now what you mean.

I think the BOE has made an absolute fortune out of this Brexit stuff.

Buying foreign currencies when they were at 2 and buying back the pound when they were down near the 1 must be worth trillions.
  • #458,764
  • Mar 23, 2018 2:07am Mar 23, 2018 2:07am
Quoting Mr.N
{quote} Look Good ^ {quote} Look Good ^ By the way there is big red Engulfing candle at GBPUSD at 4H and 8h Chart UPDATE... {image}
My GBPNZD look good and I close 50% of the profit , I leave more 50% for the target in first pic I show you

That what I think is the trade for GBP/USD now


*Its only my opinion
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDGBPNZD1.jpg Size: 196 KB
  • #458,765
  • Mar 23, 2018 2:12am Mar 23, 2018 2:12am
Quoting Nala66
{quote} IC now what you mean. I think the BOE has made an absolute fortune out of this Brexit stuff. Buying foreign currencies when they were at 2 and buying back the pound when they were down near the 1 must be worth trillions.
yes thats the play.. mr mark carney playing..
  • #458,766
  • Mar 23, 2018 2:12am Mar 23, 2018 2:12am
Quoting Nala66
Looks like we need to sit on our thumbs for a while, not much movement at all.
...
Attached Image
Always looking the GREAT, never left GOOD Point...
  • #458,767
  • Mar 23, 2018 3:23am Mar 23, 2018 3:23am
Quoting Mr.N
{quote} My GBPNZD look good and I close 50% of the profit , I leave more 50% for the target in first pic I show you That what I think is the trade for GBP/USD now *Its only my opinion {image}
you shorted big round number!!?? good luck
Say something meaningful or Silence!!
  • #458,768
  • Mar 23, 2018 3:56am Mar 23, 2018 3:56am
Looking at daily PA, fibs and probability, I'd say 4030 area would be a good target.
R/R not good enough for me though.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDDaily.png Size: 25 KB
Come with me if you want to live....
  • #458,769
  • Mar 23, 2018 5:41am Mar 23, 2018 5:41am
I really don't know why people keep peddling shorts in an uptrend. Every time the market makes a retrace the same old message pops up that it is headed for the basement.

We but the lows....period
  • #458,770
  • Mar 23, 2018 6:16am Mar 23, 2018 6:16am
Quoting Nala66
I really don't know why people keep peddling shorts in an uptrend. Every time the market makes a retrace the same old message pops up that it is headed for the basement. We but the lows....period
This spike from 1.409 to 1.404 was because of news i guess..
  • #458,771
  • Mar 23, 2018 6:33am Mar 23, 2018 6:33am
all my posts are Mystic Meg , because I say something every time with conviction and charts in good time

Quoting dean1star
{quote} You doing your Mystic Meg act again Tony ? - a change from the media circus of London and La. Tricky trade today but looking to short a few of them. Всё ништяк
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #458,772
  • Mar 23, 2018 6:42am Mar 23, 2018 6:42am
weirdly
I'm one of a few people who know how to draw a tl
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 8000 -GBPUSD-1-hour.png Size: 39 KB
Click to Enlarge Name: 2050 -GBPUSD-1-hour.png Size: 41 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #458,773
  • Mar 23, 2018 7:02am Mar 23, 2018 7:02am
high looks firm the main thing for the weekly is it prints as posted
im looking at it and I think it will maybe with a wick
Attached Image (click to enlarge)
Click to Enlarge Name: 7000 GBPUSD-Weekly.png Size: 44 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #458,774
  • Mar 23, 2018 7:33am Mar 23, 2018 7:33am
there's key events on this chart
touch of broken tl to the pip and 1.4 failure ,I dont know that's the tl yet ,but at least its range
its bullish over 1.4
Attached Image (click to enlarge)
Click to Enlarge Name: 8000 GBPUSD-Daily.png Size: 44 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #458,775
  • Mar 23, 2018 7:35am Mar 23, 2018 7:35am
if you drew that falling tl any other way you would not know
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #458,776
  • Mar 23, 2018 7:38am Mar 23, 2018 7:38am

Quoting Bones
no, it's not me it's in literature if you decide to read up rather than go learning by experience , that line is a perfect example of drawing a near perfect line wrong {quote}
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #458,777
  • Mar 23, 2018 7:56am Mar 23, 2018 7:56am
Very nice chart Bones---thank you for sharing.
  • #458,778
  • Mar 23, 2018 8:04am Mar 23, 2018 8:04am
Quoting Nala66
I really don't know why people keep peddling shorts in an uptrend. Every time the market makes a retrace the same old message pops up that it is headed for the basement. We but the lows....period

Being Opposite feels more Comfortable, maybe
Or Destiny ?
Always looking the GREAT, never left GOOD Point...
  • #458,779
  • Mar 23, 2018 8:18am Mar 23, 2018 8:18am
Quoting Bones
all my posts are Mystic Meg , because I say something every time with conviction and charts in good time {quote}

And All my Posts are Amazing ...

Just lately I've been Lazy to make it with Manual again

There is one thing that is lacking : The TL lines uses a lot of Arrows. Please provide only the Main ones
Always looking the GREAT, never left GOOD Point...
  • #458,780
  • Mar 23, 2018 9:10am Mar 23, 2018 9:10am
Quoting 777girl
Maybe someone can help me with some question. I am pretty new to trading, I am using MA 192 and Stoch indicator. From Stoch indicator we see when there is too low or too high price, but this indicator doesn't work always - sometimes it will give breakouts. Could I please hear some reasons what is causing these breakouts and when should't I listen to Stoch indicator.

Hi 777girl,

Just found your Post today.
If you're used MA (Moving Average) and Stochastic as Basic & Most Popular Indicators.

You can have an Info from :
MA (Moving Average) >>> Investopedia
Stochastic >>> Tradeciety

There are so many Indicators available for Trading.
There is One thing you need to know, Each Indicator has its own Advantages and Disadvantages (Nothing Perfect)

I think you better learn Theory Trading from the Beginning at : Baby Pips

My apologize for not being able to explain in detail. Because it will be Long Explanation.


Best Regards,
Tsar
Always looking the GREAT, never left GOOD Point...
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