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Cable Update (GBPUSD)

  • #459,781
  • Apr 27, 2018 3:15am Apr 27, 2018 3:15am
Long next week .. set up is coming its on it way ?
  • #459,782
  • Apr 27, 2018 3:31am Apr 27, 2018 3:31am
Quoting SweetRevenge
{quote} no luck at yesterday, hopefully get some for today.. {image}
Man... LOL

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot - 27_04_2018 , 15_33_25.png Size: 34 KB
  • #459,783
  • Apr 27, 2018 3:32am Apr 27, 2018 3:32am
Quoting Ill-b-back
{quote} Dump...
Happy about this one
Come with me if you want to live....
  • #459,784
  • Apr 27, 2018 3:36am Apr 27, 2018 3:36am
Im glad my trade was stopped out early there lol

That news pretty much rules out the May rate rise IMO.
  • #459,785
  • Apr 27, 2018 3:44am Apr 27, 2018 3:44am
Quoting dean1star
Long next week .. set up is coming its on it way ?
let's see TF W1.. I dare not to consider long position..
  • #459,786
  • Apr 27, 2018 3:44am Apr 27, 2018 3:44am
Quoting Trade-G
As long as 1.3950 region remains supported we should be heading higher
Yesterday 1.3950 was tested a few times and it relented, went back down and invalidated the reversal signal. Looks like it could be it for Cable
  • #459,787
  • Apr 27, 2018 3:47am Apr 27, 2018 3:47am
Closing below 1.37950 and lower tonight will seal the deal
  • #459,788
  • Apr 27, 2018 3:47am Apr 27, 2018 3:47am
Nice 100 pips drop in cable what's next ?
Attached Image (click to enlarge)
Click to Enlarge Name: 2018_04_27_14.13.45.jpg Size: 219 KB
  • #459,789
  • Apr 27, 2018 4:08am Apr 27, 2018 4:08am
Quoting Trade-G
Qtr break ends..... I took a peep into the long term chart to see how Cable fares and this is what I see (I may be wrong) but do give me your views. From 1996 to 2016 about 20 years it stayed supported at the cyan-blue region until the 2016 Brexit saw it crashing down. Now its back to the region of the then support now (possibly) turned resistance, I mean after the 20 years that broke it, I personally do not think the current test is going be anything but a test (but that's my opinion).... Since 1980 to 1985 it's been an inside ranging 2.4460 to...
This is a step towards more real.....
  • #459,790
  • Apr 27, 2018 4:11am Apr 27, 2018 4:11am
Quoting Trade-G
Plonk in some lines. There is a long term down trendline from 2007-2014, there is a possibility this year its going to drag itself within the blue circled region, possibly sideway action. In any case 1.49xx to 1.45xx stays capped its going to be bad.... but of course if it decides to break the down trendline then by all means. See red line in the triangulation from 2013 to 2016, it broke down instead and the trendline support is now the resistance, well if its strong willed it can possibly stays within the blue circle until direction is set.......
Up to 1.45xx region highest 1.4434 this month, stay that way and breach the low on closing tonight and we have the deal...
  • #459,791
  • Apr 27, 2018 4:17am Apr 27, 2018 4:17am
M1 looks like a bearish continuation if it works out
  • #459,792
  • Edited 5:02am Apr 27, 2018 4:21am | Edited 5:02am
Quoting SweetRevenge
{quote} let's see TF W1.. I dare not to consider long position..
i get that SWR running with the Daily on this pair so logically i do see
  • #459,793
  • Apr 27, 2018 4:24am Apr 27, 2018 4:24am
Quoting Trade-G
{quote} Hourly at trend line resistance, important decision time, those who long earlier just need to have stops adjusted, if you breaks out upwards congrats, if not we tried...
Longs FBO at trendline resistance yesterday
  • #459,794
  • Apr 27, 2018 4:25am Apr 27, 2018 4:25am
Quoting Trade-G
As long as 1.3950 region remains supported we should be heading higher
Longs with SL at 1.3950 region get stopped out says alot, cannot be there to see the precursor of the reversal sign as support...
  • #459,795
  • Apr 27, 2018 4:29am Apr 27, 2018 4:29am
Where is Nala, whats your view? Bones?
  • #459,796
  • Apr 27, 2018 4:40am Apr 27, 2018 4:40am
Actually still bullish regions to clear, so Bears need to gear up
  • #459,797
  • Apr 27, 2018 4:49am Apr 27, 2018 4:49am
Quoting Trade-G
M1 looks like a bearish continuation if it works out
Great moving down best below 1.3700
  • #459,798
  • Apr 27, 2018 4:52am Apr 27, 2018 4:52am
H4 on the move, enough for the day, will be looking at how H1 will work out itself.... hope next shift do well ! good night...
  • #459,799
  • Apr 27, 2018 5:14am Apr 27, 2018 5:14am
Quoting Trade-G
Where is Nala, whats your view? Bones?
Nala is away for fishing iirc and should be back next week ^^

Not trading today, instead of giving back :3
  • #459,800
  • Apr 27, 2018 5:19am Apr 27, 2018 5:19am
ABCD next month to retest breakout and TL??
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDH4.png Size: 27 KB
Click to Enlarge Name: GBPUSDDaily.png Size: 32 KB
Click to Enlarge Name: GBPUSDMonthly1.png Size: 23 KB
Click to Enlarge Name: GBPUSDMonthly.png Size: 25 KB
Come with me if you want to live....
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