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Cable Update (GBPUSD)

  • #462,221
  • Jul 13, 2018 7:23am Jul 13, 2018 7:23am
Quoting aa4fx
{quote} I am seeing a 3087, yours too, sold it from 3148 too ... I will not wait for a maybe >316x.
now @ 1.3160
I should start waiting
But now it's time to go to the main destination.
  • #462,222
  • Edited 8:08am Jul 13, 2018 7:49am | Edited 8:08am
tp hit , 32 pips

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now another one

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look at trend change in 1m chart

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yes yes yes
  • #462,223
  • Edited 8:10am Jul 13, 2018 7:52am | Edited 8:10am
Entered long @ 1.31199, initial S/L @ 1.31000, T/P @ 1.34400.

I traded this from the weekly chart.
50SMA is above the 100SMA which tells me there's an upward trend.
In the last three weeks price has bounced from 50 Pivot level (set from 01/17 - 04/18).
Weekly candle was also showing an upward pressure last week.
I only take orders when price is between the two SMA's so, with all the above in mind, I bought.

B/E has been set to 1.31209 so nothing to really lose from this today. If it looks to be closing within 20 pips from B/E by end of day I will close the order.
  • #462,224
  • Jul 13, 2018 8:36am Jul 13, 2018 8:36am
e.
Quoting navk
started taking longs below 3165.
closed all my longs. Nice one.

Now started to take shorts. 3163 and above.
Intraday only.
  • #462,225
  • Jul 13, 2018 9:03am Jul 13, 2018 9:03am
dxy have make its way i thinks..
just for a cup of coffee...
  • #462,226
  • Jul 13, 2018 9:51am Jul 13, 2018 9:51am
Tp hit again , 50 pips this time , 80 pips total
Attached Image (click to enlarge)
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yes yes yes
  • #462,227
  • Jul 13, 2018 10:04am Jul 13, 2018 10:04am
Quoting thir13enth
{quote} 3170-80 should be protecting mama bear. If challenged, I'll probably place a small sell with SL at 3190.
Wow that's a nice pullback, I don't wish to see 3220 again today but it's heading that way. -.-
Trying a small lot at 3202, watching around 3226 and will close manually if it doesn't resist.
This will be a swing position if ever.
  • #462,228
  • Jul 13, 2018 10:09am Jul 13, 2018 10:09am
its friday mate
i’m just watching
want to see after dxy close its hole
just for a cup of coffee...
  • #462,229
  • Jul 13, 2018 10:09am Jul 13, 2018 10:09am
Quoting thir13enth
{quote} Wow that's a nice pullback, I don't wish to see 3220 again today but it's heading that way. -.- Trying a small lot at 3202, watching around 3226 and will close manually if it doesn't resist. This will be a swing position if ever.
Theresa may and Trump make good agreement today
  • #462,230
  • Jul 13, 2018 10:16am Jul 13, 2018 10:16am
Quoting pridolfx
{quote} Theresa may and Trump make good agreement today
3200 was there without any T&T talk, and next is the big drop to 3086, or maybe not ... will see.
  • #462,231
  • Jul 13, 2018 10:29am Jul 13, 2018 10:29am
Quoting aa4fx
{quote} 3200 was there without any T&T talk, and next is the big drop to 3086, or maybe not ... will see.
we go above 3200...
  • #462,232
  • Jul 13, 2018 10:32am Jul 13, 2018 10:32am
3220/25 must resist.
Intraday only.
  • #462,233
  • Edited 12:59pm Jul 13, 2018 12:27pm | Edited 12:59pm
just sold 3217 sL 33pips tP below 3100
if daily and weekly trade above 3200 level before market end i will close my trade..
nice weekends all
just for a cup of coffee...
  • #462,234
  • Jul 13, 2018 1:09pm Jul 13, 2018 1:09pm
Quoting Ill-b-back
Some resistance around 3170ish {image} {image} {image}
Well, forget that. Looks like 1.33+ again.
Seems UK can do without EU with Big Donny in town.
Come with me if you want to live....
  • #462,235
  • Jul 13, 2018 1:22pm Jul 13, 2018 1:22pm
Quoting Ill-b-back
{quote} Well, forget that. Looks like 1.33+ again. Seems UK can do without EU with Big Donny in town.
I wouldn't say that ... Donny did a fantastic job now in UK, the masive flirting with UK will a) make UK accept what US say or b) isolate UK ... there is no c), d), ... and this is very, very, ultra very bad for UK.
Sadly, Teresa knows it and is not good in fake it, very obvious in attitude.
  • #462,236
  • Jul 13, 2018 1:22pm Jul 13, 2018 1:22pm
Choppy market this week, i'm neutral currently, but more inclined towards bearish sentiment.
  • #462,237
  • Jul 13, 2018 1:38pm Jul 13, 2018 1:38pm
Quoting aa4fx
{quote} I wouldn't say that ... Donny did a fantastic job now in UK, the masive flirting with UK will a) make UK accept what US say or b) isolate UK ... there is no c), d), ... and this is very, very, ultra very bad for UK. Sadly, Teresa knows it and is not good in fake it, very obvious in attitude.
I"m going back to bed so will chat soon. What"s the difference between doing what the EU says and what the US says? UK won't have to pay a hefty free trade bill with the US either. How is soon being able to strike trade agreements with rest of the world isolating the UK? I would have thought the opposite. Their is life (and 90pc of future global growth over the next 20 years) outside of the EU.
Come with me if you want to live....
  • #462,238
  • Jul 13, 2018 2:32pm Jul 13, 2018 2:32pm
Quoting Ill-b-back
{quote} I"m going back to bed so will chat soon. What"s the difference between doing what the EU says and what the US says? UK won't have to pay a hefty free trade bill with the US either. How is soon being able to strike trade agreements with rest of the world isolating the UK? I would have thought the opposite. Their is life (and 90pc of future global growth over the next 20 years) outside of the EU.
I don't have much to say, more a general view over what will happen.
Staying close to EU (soft brexit) UK will still have something to say, otherwise (hard brexit) will have to obey, to US.

https://www.uschamber.com/internatio...nvestment-ties
this will change soon!

US loves it, it's all business.
  • #462,239
  • Jul 13, 2018 3:15pm Jul 13, 2018 3:15pm
GU H1
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Self discipline It is a practice
  • #462,240
  • Jul 13, 2018 5:38pm Jul 13, 2018 5:38pm
I go to bed and wake up to this. I'd be lying if I said I wasn't disappointed.
Daily looks dangerous but the weekly is unconvincing.

Still lots of Brexit chaos and uncertainty. US implications, hard Brexit,soft Brexit, White paper out the window???

Still a valid sell zone above.
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Come with me if you want to live....
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