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Cable Update (GBPUSD)

  • #462,281
  • Jul 16, 2018 3:55am Jul 16, 2018 3:55am
Looks like I am quite right again, 5 mins more to the H1 closing
  • #462,282
  • Jul 16, 2018 4:02am Jul 16, 2018 4:02am
I only see it going down (fast pace if news, slow pace if no news), to 1.3175, after a stop over @ 1.3200.
  • #462,283
  • Jul 16, 2018 4:05am Jul 16, 2018 4:05am
The buy trend continues.
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  • #462,284
  • Jul 16, 2018 4:33am Jul 16, 2018 4:33am
I'm still in with the long order I placed last Friday. I'm confident the price is going to continue to 1.3285 (seems to be a good support level). After that there could be a reversal? I hope not as I want to take profit @ 1.3440.
  • #462,285
  • Jul 16, 2018 4:34am Jul 16, 2018 4:34am
Quoting aa4fx
I only see it going down (fast pace if news, slow pace if no news), to 1.3175, after a stop over @ 1.3200.
Based on what bias?
  • #462,286
  • Jul 16, 2018 5:00am Jul 16, 2018 5:00am
Quoting akim0895
short 3245 sL 35pips tP 3170
SL 1.3280?
  • #462,287
  • Jul 16, 2018 5:02am Jul 16, 2018 5:02am
GBPUSD
Technical Analysis (Sell)
(2018/07/16)
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  • #462,288
  • Jul 16, 2018 5:04am Jul 16, 2018 5:04am
Breakout of friday's high
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yes yes yes
  • #462,289
  • Jul 16, 2018 5:05am Jul 16, 2018 5:05am
Quoting Trade-G
{quote} SL 1.3280?
I will be very surprised if PA doesn't get to EMA 200/H4 at 3288 before any southward trip
  • #462,290
  • Jul 16, 2018 5:13am Jul 16, 2018 5:13am
Quoting Bydyke
{quote} I will be very surprised if PA doesn't get to EMA 200/H4 at 3288 before any southward trip
Naughty ! don't want shortist to start adjusting SL higher up
  • #462,291
  • Jul 16, 2018 5:14am Jul 16, 2018 5:14am
Quoting Trade-G
{quote} SL 1.3280?
yes mate
above its no sell for me
only wait 1.33 level to sell again
just for a cup of coffee...
  • #462,292
  • Jul 16, 2018 5:15am Jul 16, 2018 5:15am
1.3279 at S1, sometimes it might just shoot up, in which case 1.3492 will be the weekly target
  • #462,293
  • Jul 16, 2018 5:15am Jul 16, 2018 5:15am
Quoting akim0895
{quote} yes mate above its no sell for me only wait 1.33 level to sell again
Stick to the plan
  • #462,294
  • Jul 16, 2018 5:24am Jul 16, 2018 5:24am
Quoting Trade-G
{quote} Stick to the plan
its monday
so no rush
just for a cup of coffee...
  • #462,295
  • Jul 16, 2018 5:29am Jul 16, 2018 5:29am
M5 testing trendline support
  • #462,296
  • Jul 16, 2018 7:17am Jul 16, 2018 7:17am
Got some bearish pressure just under 1.33, but some dodgy US figures could spike it up to 3320-40 area.
Come with me if you want to live....
  • #462,297
  • Jul 16, 2018 8:27am Jul 16, 2018 8:27am
Lower timeframe broke swing structure, pullbacks should be a good short. EOD for me. As long as it stays below 1.3260 for that bearish bias
  • #462,298
  • Jul 16, 2018 8:30am Jul 16, 2018 8:30am
dxy needs more push to upside
so..cabel can drop some more to downside
still weak for bear...
just for a cup of coffee...
  • #462,299
  • Jul 16, 2018 9:57am Jul 16, 2018 9:57am
covered my early loss 35pips
just for a cup of coffee...
  • #462,300
  • Jul 16, 2018 10:00am Jul 16, 2018 10:00am
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.
-20+ from last trade.

Quoting thir13enth
{quote} EU 1700 is filled again but I don't call this a clean pass at 1680. That reaction at 1723 invited baby bears and 1731 should keep securing the gate for baby bulls. I prefer GU not to visit 3220 again but chance is slim. If things get sidelined, gonna rinse and repeat selling at 3260-80. Selling at 3220-3260 is not my taste, 3290-3300 will change my short bias. No longs for me no matter what, first TP at 3150 area. See ya folks.
Just sat on my desk, bias is short and assessing to follow previous trading plan as the new high didn't reach 3300 and PA keeps hanging onto 3260.
Won't book any trades currently, I'm gonna watch the reaction at 3197-3200 if I'm on my desk.
EU wants to touch 1685 area IMO, watching if 1725 breaks smoothly.
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