1.35995 to hereabout 1.35440 gives a good 55 pips....
Cable Update (GBPUSD)
- #460,068
- Edited 12:56pm May 3, 2018 12:29pm | Edited 12:56pm
- Joined Apr 2011 | Status: Trader | 2,421 Posts
- #460,069
- May 3, 2018 12:49pm May 3, 2018 12:49pm
NFP looking at south as a move, expectations higher than the lower figure of last month, that said time of the year should see most people employed already Should that is, so looking at nfp to finish the trend downwards and up from here and then south again .. not convinced BOE are jacking the rate this month
I have 1.36404 today as target. If this price level is not hit today then I will be targeting tomorrow's R1/R2 through out the day.
If price hits R1 I will close half. If it does shoot south during NFP I will cry.
Green pips.
FREEDOM IS SECURITY.
- #460,070
- May 3, 2018 1:23pm May 3, 2018 1:23pm
- Joined Apr 2011 | Status: Trader | 2,421 Posts
{quote} Hi mate I have 1.36404 today as target. If this price level is not hit today then I will be targeting tomorrow's R1/R2 through out the day. If price hits R1 I will close half. If it does shoot south during NFP I will cry.
- #460,071
- May 3, 2018 1:55pm May 3, 2018 1:55pm
{quote} Hey HP copy that just looking at the sting in the wasps tail .. one of those but why are they not taking it up, reason usually well they got all next week to do that .. you know the gig buy now right HP take a few stops out along the way .. what a racket lol
I have a very strong feeling that should the pair not hit my target today or tomorrow before NFP, should it head south it will be whipsaw to ketchup the buyers. It's all about the rate for this pair at the moment, and NFP will only give more opportunity to ketchup the buyers.
I have strong signals now for 5days and for these strategies I use in the underground hippiedog laboratory 2days, 3days max and it's over and I am paid.
So this is bullshit and I want to get paid now. LOL.
FREEDOM IS SECURITY.
- #460,075
- May 3, 2018 6:29pm May 3, 2018 6:29pm
- Joined Mar 2016 | Status: Trader | 6,378 Posts
Well it is the start of a brand new day and I see on the 1 hour that overnight price did very little other than to effect a dodgy Doji on the daily.
On the daily (left) we see we are still trading below the average and below bear support looking at the bull support (b). The average is almost at the point of making a LL (a) and to stop this the bulls would have to make about 350 pips today which is highly unlikely now.
On the hour (right) we see both the bulls and the bears are locked smack in the middle of their respective supports with the bias being the bears are still trading below the average. The trend is still down with no evidence of any long trade happening just yet.
Patience is required here and the sitting on hands. You don't want to get ketchupped
On the daily (left) we see we are still trading below the average and below bear support looking at the bull support (b). The average is almost at the point of making a LL (a) and to stop this the bulls would have to make about 350 pips today which is highly unlikely now.
On the hour (right) we see both the bulls and the bears are locked smack in the middle of their respective supports with the bias being the bears are still trading below the average. The trend is still down with no evidence of any long trade happening just yet.
Patience is required here and the sitting on hands. You don't want to get ketchupped
- #460,079
- Edited 7:13pm May 3, 2018 7:01pm | Edited 7:13pm
Well it is the start of a brand new day and I see on the 1 hour that overnight price did very little other than to effect a dodgy Doji on the daily. On the daily (left) we see we are still trading below the average and below bear support looking at the bull support (b). The average is almost at the point of making a LL (a) and to stop this the bulls would have to make about 350 pips today which is highly unlikely now. On the hour (right) we see both the bulls and the bears are locked smack in the middle of their respective supports with the bias...
Trend is not still down, there currently is no trend, it has been a Range today with expecting breakout so every possibility of either long or short is the correct information as of now.
FREEDOM IS SECURITY.