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Cable Update (GBPUSD)

  • #459,101
  • Apr 5, 2018 11:21pm Apr 5, 2018 11:21pm
Quoting Nala66
{quote} Exactly this took many years to develop but it was there all the time.
Tell me about it.
FREEDOM IS SECURITY.
  • #459,102
  • Apr 5, 2018 11:22pm Apr 5, 2018 11:22pm
And there we go...

I did this as live as I could so no one can say "Hindsight"

And how accurate was it...
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 35 KB
  • #459,103
  • Apr 5, 2018 11:26pm Apr 5, 2018 11:26pm
Quoting Nala66
And there we go... I did this as live as I could so no one can say "Hindsight" And how accurate was it... {image}
I don't know what I'm looking at.
Attached Images
FREEDOM IS SECURITY.
  • #459,104
  • Apr 5, 2018 11:33pm Apr 5, 2018 11:33pm
Quoting hippiedog
{quote} I don't know what I'm looking at. {image} {image}
The 5 min, I zoomed in so you all could see it clearly.

Good question... Can it go further?

Sure it can, there are no brick walls, it can also fail. That is trading, we are risk free and reached the target so who cares what happens next. Another setup will come around and another and another and at the risk of repeating myself and another.
  • #459,105
  • Apr 5, 2018 11:46pm Apr 5, 2018 11:46pm
GBP expected to tank further.
Trade the news
  • #459,106
  • Apr 5, 2018 11:47pm Apr 5, 2018 11:47pm
The total for those two entries was about 17 and 15 pips respectively.

Think of it in terms of a bearish support is going to try and take out a bullish support and viscera versa,

This bull support has been tested and broken so that ends its life. I tend to leave them on the chart a while because sometimes they still carry some effectiveness.

Here was the whole story in pictures
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 110 KB
  • #459,107
  • Apr 5, 2018 11:56pm Apr 5, 2018 11:56pm
Quoting EuroNews
GBP expected to tank further.
What does this mean?

How many pips in a tank?

Who is expecting?
  • #459,108
  • Edited Apr 6, 2018 12:13am Apr 5, 2018 11:57pm | Edited Apr 6, 2018 12:13am
Quoting Nala66
The total for those two entries was about 17 and 15 pips respectively. Think of it in terms of a bearish support is going to try and take out a bullish support and viscera versa, This bull support has been tested and broken so that ends its life. I tend to leave them on the chart a while because sometimes they still carry some effectiveness. Here was the whole story in pictures {image}
Ah I think I got it now, you are using the rsi below the 50 for the sell entry confirmed only by the failed high above the 50. Correct?
Didn't you say each trade is 3 position?

The failed high according to this is the 5 below the 14 and above 50. Followed by low and a lower low below the 50 lead by the 5. That is the also the entry, exit is below bull support.

Yes have to sit and watch this appear because of the rsi.

Is this a 20EMA.
FREEDOM IS SECURITY.
  • #459,109
  • Apr 5, 2018 11:59pm Apr 5, 2018 11:59pm
Quoting Nala66
{quote} What does this mean? How many pips in a tank? Who is expecting?
Hello,

Expecting based on technical analysis.
Trade the news
  • #459,110
  • Apr 6, 2018 12:12am Apr 6, 2018 12:12am
I think GBPUSD is going Short Today..Make my Order at 1.4004 and TP at 1.3965
  • #459,111
  • Apr 6, 2018 12:21am Apr 6, 2018 12:21am
GBPUSD for today
Attached Image (click to enlarge)
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  • #459,112
  • Apr 6, 2018 12:36am Apr 6, 2018 12:36am
Where are we heading to today?
  • #459,113
  • Apr 6, 2018 12:40am Apr 6, 2018 12:40am
Quoting houtiantan
Where are we heading to today?
South
Trade the news
  • #459,114
  • Apr 6, 2018 2:40am Apr 6, 2018 2:40am
Quoting batus
I will focus sell on GbpUsd...good engulfed on Daily
Engulfed on H4 .. im focused on sell
  • #459,115
  • Apr 6, 2018 6:30am Apr 6, 2018 6:30am
NFP on Par machines will range algo style
  • #459,116
  • Apr 6, 2018 6:36am Apr 6, 2018 6:36am
Quoting batus
{quote} Engulfed on H4 .. im focused on sell
H1 on rejection now, im focused short GbpUsd on nfp
  • #459,117
  • Apr 6, 2018 6:40am Apr 6, 2018 6:40am
Quoting batus
{quote} H1 on rejection now, im focused short GbpUsd on nfp
Nice setup formed above swing high M30.

Although I've not got the stomach to place orders around NFP so watching on the sidelines.
  • #459,118
  • Apr 6, 2018 6:44am Apr 6, 2018 6:44am
guys what do you think on NFP it will sell gupusd or you think it support gu to touch 1.41 area ?
  • #459,119
  • Apr 6, 2018 6:55am Apr 6, 2018 6:55am
very mixed picture through the tf's
hence relatively small range waiting NFP
Attached Image (click to enlarge)
Click to Enlarge Name: 6 GBPUSD-Weekly.png Size: 40 KB
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  • #459,120
  • Apr 6, 2018 6:56am Apr 6, 2018 6:56am
Quoting fahadzaman66
guys what do you think on NFP it will sell gupusd or you think it support gu to touch 1.41 area ?
I expect a lot of shenanigans, fakeouts and foul play as usual with a short bias.
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