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Cable Update (GBPUSD)

  • #459,861
  • May 1, 2018 4:11am May 1, 2018 4:11am
Quoting elbert3
{quote}3664 was the target
Possibly even 3527 where there is a bullish support waiting to be taken out
  • #459,862
  • May 1, 2018 4:12am May 1, 2018 4:12am
Quoting Nala66
{quote} Thanks nice to be back. I just got back from picking the missus up at the train station so I missed the start of this hour to short it...However I just took a punt (as we do) and made 30% in a couple of minutes so I closed. That was based on the 1 minute posted below. See how the red (faster RSI) was above the waterline with the black below, that is a short for me, I missed the previous couple. {image}
Hey Nala - what's your faster RSI running at, 4,6? Cheers, hope you enjoyed your break.
Focus.
  • #459,863
  • May 1, 2018 4:14am May 1, 2018 4:14am
Quoting Luzbay
Does anyone else think it might have a bit of trouble getting through the trendline on the weekly chart? {image}
Depends whether you regard the line as a concrete wall or not/

The weekly was in divergence so that returns it back below the 26 EMA which it is currently doing.
  • #459,864
  • May 1, 2018 4:18am May 1, 2018 4:18am
Quoting SweetRevenge
will out if price dominates this Res Zone {image}
targetting 1.3620

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot - 01_05_2018 , 16_17_48.png Size: 31 KB
  • #459,865
  • May 1, 2018 4:29am May 1, 2018 4:29am
Back to 3720 area playing long scalp hedge trade to look for short in that area
  • #459,866
  • May 1, 2018 4:31am May 1, 2018 4:31am
Quoting elbert3
{quote}3664 was the target
Attached Image (click to enlarge)
Click to Enlarge Name: IMG_3015.PNG Size: 83 KB
must be slipping 3 pips out lol
  • #459,867
  • May 1, 2018 4:32am May 1, 2018 4:32am
Quoting Dr.Zain
{quote} Expecting the pair is goinn to visit 3575 this week or next!!!
I think you're right.
Just wished had moved up towards 3880-39 so I could reload more shorts.
Come with me if you want to live....
  • #459,868
  • May 1, 2018 4:34am May 1, 2018 4:34am
https://www.forexfactory.com/showthr...0#post11000830 se the last weeks possible second target so 3720 to that one if it takes out my last target
  • #459,869
  • May 1, 2018 4:34am May 1, 2018 4:34am
Quoting Marco-Kanto
{quote} Hey Nala - what's your faster RSI running at, 4,6? Cheers, hope you enjoyed your break.
It is a 5 period
  • #459,870
  • May 1, 2018 4:41am May 1, 2018 4:41am
Quoting Mr.N
{quote} I still think I gonna see the Take profit before the Stop loss , price just make sneak attack to clear small stops . As I see it , was entery of Buy positions on 8H sma400 and price in the way to 8H sma200. Lets see whats will happnet , gl hf.
I add more 1 buy position.

see pic
Attached Image
  • #459,871
  • May 1, 2018 4:44am May 1, 2018 4:44am
Quoting elbert3
{quote} {image} must be slipping 3 pips out lol
It was 3664
  • #459,872
  • May 1, 2018 4:51am May 1, 2018 4:51am
Pretty sure we are now entering a BB zone so can see a position near too on the 4 hour
near too and actual being a differential as such defined by the actual signal itself.
  • #459,873
  • May 1, 2018 4:57am May 1, 2018 4:57am
Quoting Nala66
{quote} Possibly even 3527 where there is a bullish support waiting to be taken out
Worse case as posted big support area 3050 if it can break down that 3664 3500 areas . Need to look closer on the tec side later
  • #459,874
  • May 1, 2018 5:07am May 1, 2018 5:07am
I just got stopped out for a B/E so need to take a break.

Taken 7 shorts and 2 longs so far...Ha, had I not closed at B/E I would be winning but thems the breaks.
  • #459,875
  • May 1, 2018 5:14am May 1, 2018 5:14am
Quoting elbert3
{quote} It was 3664
That was pretty good only the thickness of a line hey!
  • #459,876
  • May 1, 2018 6:29am May 1, 2018 6:29am
Quoting Nala66
{quote} That was pretty good only the thickness of a line hey!
Lol Are we going long here 3675 ?? I think possible let's see
  • #459,877
  • May 1, 2018 8:14am May 1, 2018 8:14am
Long taken 1.3659. Stop 1.3654.

Will risk 5 pips. Nothing wrong.
Intraday only.
  • #459,878
  • May 1, 2018 8:26am May 1, 2018 8:26am
Quoting navk
Long taken 1.3659. Stop 1.3654. Will risk 5 pips. Nothing wrong.
out, but try again, this time stop 1649.
Intraday only.
  • #459,879
  • May 1, 2018 8:28am May 1, 2018 8:28am
Still in that bear phase, next support I have is 3644 but I'm not much good at picking bottoms
All charts/ideas based on UK time zone
  • #459,880
  • May 1, 2018 8:30am May 1, 2018 8:30am
hopefully..

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot - 01_05_2018 , 20_29_56.png Size: 33 KB
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