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Cable Update (GBPUSD)

  • #459,561
  • Apr 19, 2018 8:06am Apr 19, 2018 8:06am
Quoting Bones
lol {quote}
why'd you laugh :3

this will be the hour of truth - either up or down LOL
  • #459,562
  • Apr 19, 2018 8:10am Apr 19, 2018 8:10am
Quoting Nala66
All I see on the 1 hour at this time is the bulls are looking for support to take out the 42389 and head north. {image}
i only see this at 1.434

Inserted Video
Don't Worry Be Happy
  • #459,563
  • Edited 10:06am Apr 19, 2018 8:57am | Edited 10:06am
Longer term 4hour / daily / weekly this still looks like a bull market to me. Bones has put up some great charts over the last few weeks showing why. Target of 1.44 and 1.47 is not unreasonable.

Looking across all the GBP pairs today they have found strength at key levels despite more 'very bad' news this morrning. Thats interesting.

Looking on the smaller time frames then I can see why there is a bearish view. Im sure quite a few people will have tried a short at around 1.4240 for obvious S/R reasons.

So big time frame and little time frame seem to be in conflict

As mentioned 1.4240 looks like the line in the sand atm,

Looking at your chart Nala66 1.4218 may be the bull support you want.
  • #459,564
  • Apr 19, 2018 9:03am Apr 19, 2018 9:03am
The weak pond because of the yesterday data.......Can someone knows about such a strength right after such weak data today plz?
  • #459,565
  • Apr 19, 2018 9:03am Apr 19, 2018 9:03am
Quoting el_duende
Longer term 4hour / daily / weekly this still looks like a bull market to me. Bones has put up some great charts over the last few weeks showing why. Target of 1.44 and 1.47 is not unreasonable. Looking across all the GBP pairs today they have found strength at key levels despite more 'very bad' news this morrning. Thats interesting. Looking on the smaller time frames then I can see why there is a bearish view. Im sure quite a few people will have tried a short at around 1.440 for obvious S/R reasons. So big time frame and little time frame seem...
yes, in the medium term, i think that the pair will turn more bullish once fundamentals improve and Brexit risks fade

but in the near term, the picture points to a correction and i think 1.40 or 1.39 is a good level to target
Don't Worry Be Happy
  • #459,566
  • Apr 19, 2018 9:44am Apr 19, 2018 9:44am
it is pivotal ,im just hoping it's not 5 min you go by whats next


Quoting tunamelt
{quote} why'd you laugh :3 this will be the hour of truth - either up or down LOL
Attached Image (click to enlarge)
Click to Enlarge Name: 01 - GBPUSD-12-hours.png Size: 38 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #459,567
  • Apr 19, 2018 10:22am Apr 19, 2018 10:22am
sell at 1.42237 looking at 1.41599
  • #459,568
  • Apr 19, 2018 10:57am Apr 19, 2018 10:57am
I feel like we completed an ABC up and testing the previous A resistance now so it's bouncing here and there. Overall looking for further downward movement though
A 1 pip gain is better than a 1 pip loss.
  • #459,569
  • Apr 19, 2018 11:05am Apr 19, 2018 11:05am
Ive closed that short term 4240 sell for 50 pips profit. Another short term long @ 4188.

I suspect this will now range around for the rest of the day.

I predict the daily bar will likely end up as a Doji reflecting the current indecision
  • #459,570
  • Apr 19, 2018 11:12am Apr 19, 2018 11:12am
good example of strong shaven
I think should break up out of that space
cable $ is proving unpredictable bullish ,see d1 for reversal of down ?
a positive form of some kind
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 96 GBPNZD-Daily.png Size: 43 KB
Click to Enlarge Name: 97 GBPNZD-Daily.png Size: 40 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #459,571
  • Apr 19, 2018 11:36am Apr 19, 2018 11:36am
maybe the colour will be helpful

Quoting el_duende
Ive closed that short term 4240 sell for 50 pips profit. Another short term long @ 4188. I suspect this will now range around for the rest of the day. I predict the daily bar will likely end up as a Doji reflecting the current indecision
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #459,572
  • Apr 19, 2018 11:43am Apr 19, 2018 11:43am
only rettracel more sell on the way
  • #459,573
  • Apr 19, 2018 12:18pm Apr 19, 2018 12:18pm
Quoting greengp
sell at 1.42237 looking at 1.41599
no credit to me when i said this
  • #459,574
  • Apr 19, 2018 12:32pm Apr 19, 2018 12:32pm
Quoting greengp
{quote} no credit to me when i said this
Carney: Brexit uncertainty could delay interest rate rise..BBC
  • #459,575
  • Apr 19, 2018 12:36pm Apr 19, 2018 12:36pm
Quoting Dr.Zain
{quote} Carney: Brexit uncertainty could delay interest rate rise..BBC
made money from sell all that matters
  • #459,576
  • Apr 19, 2018 12:38pm Apr 19, 2018 12:38pm
Quoting okshop
GU H4 {image}
GU CLOSE at H4 200 ema
Attached Image (click to enlarge)
Click to Enlarge Name: GU H4.PNG Size: 55 KB
Self discipline It is a practice
  • #459,577
  • Apr 19, 2018 12:42pm Apr 19, 2018 12:42pm
Wow. Huge move down. Still got a lot to learn from everyone here.
  • #459,578
  • Apr 19, 2018 12:49pm Apr 19, 2018 12:49pm
Anyone thinking its going to 1.40?
  • #459,579
  • Apr 19, 2018 12:53pm Apr 19, 2018 12:53pm
80 pip today sell and close the trade and sell again
  • #459,580
  • Apr 19, 2018 12:58pm Apr 19, 2018 12:58pm
need to break 1.408 to come further then u will meet 1.40272
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