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Cable Update (GBPUSD)

  • #462,301
  • Jul 16, 2018 10:18am Jul 16, 2018 10:18am
Quoting thir13enth
{quote} -20+ from last trade. {quote} 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.
its really spooky mate that level
just for a cup of coffee...
  • #462,302
  • Jul 16, 2018 10:28am Jul 16, 2018 10:28am
Quoting akim0895
{quote} its really spooky mate that level
Yep this thing is about to breakout. But it has to stay above 3300 if it is up, otherwise it will print a new low as long as 3260 keeps resisting.
Now it sits at 3230 which is the WP, no trading for me on these uncertain levels.
  • #462,303
  • Jul 16, 2018 11:02am Jul 16, 2018 11:02am
Quoting Trade-G
{quote} Based on what bias?
based on some trend lines I use, basic stuff.
  • #462,304
  • Jul 17, 2018 2:17am Jul 17, 2018 2:17am
maybe we going to see 1.33 later if good data coming out
just for a cup of coffee...
  • #462,305
  • Jul 17, 2018 2:29am Jul 17, 2018 2:29am
it just drop ...
maybe today is the last day of May in office? just a thought
  • #462,306
  • Jul 17, 2018 2:50am Jul 17, 2018 2:50am
just sold it @ 3251
my lookup scenario up to lunch time: go to 3172 and then 3129.
  • #462,307
  • Jul 17, 2018 2:57am Jul 17, 2018 2:57am
out @ 3241

Quoting aa4fx
just sold it @ 3251 my lookup scenario up to lunch time: go to 3172 and then 3129.
it doesn't mean I will stay in a trade all that road.
  • #462,308
  • Jul 17, 2018 3:09am Jul 17, 2018 3:09am
uncle powell will drop its down later
just for a cup of coffee...
  • #462,309
  • Jul 17, 2018 3:14am Jul 17, 2018 3:14am
GBPUSD
Technical Analysis (Sell)
(2018/07/17)
Attached Image (click to enlarge)
Click to Enlarge Name: 2018-07-17_124335.jpg Size: 298 KB
  • #462,310
  • Jul 17, 2018 3:24am Jul 17, 2018 3:24am
Quoting akim0895
uncle powell will drop its down later
you mean, there will be no more retrace from the next drop?
  • #462,311
  • Jul 17, 2018 3:31am Jul 17, 2018 3:31am
Next target to short 1.34
POSTMASTER
  • #462,312
  • Jul 17, 2018 3:34am Jul 17, 2018 3:34am
Quoting aa4fx
{quote} you mean, there will be no more retrace from the next drop?
always have mate..
just for a cup of coffee...
  • #462,313
  • Jul 17, 2018 3:37am Jul 17, 2018 3:37am
now @ 3251
I hesitate to sell from 3260, wishing from 3272 or better 3292 ... might not happen for a while, a long one
  • #462,314
  • Jul 17, 2018 3:41am Jul 17, 2018 3:41am
Its so interesting to see all the mixed reactions.Some long Some short .Some win Some loose... Price action is what works in general I believe.

Kudos guy respect all views in general.
Think Think Think.
  • #462,315
  • Jul 17, 2018 3:42am Jul 17, 2018 3:42am
Irrespective of news the downside movement before news was so predictable as it was going up .This is just b/s confusing us retail guys
Think Think Think.
  • #462,316
  • Jul 17, 2018 3:48am Jul 17, 2018 3:48am
Quoting Alluri
Irrespective of news the downside movement before news was so predictable as it was going up .This is just b/s confusing us retail guys
Usually is like that but I don't believe it was this time ... when it is the case the movement preparation for the spike is quite obvious.
  • #462,317
  • Jul 17, 2018 4:51am Jul 17, 2018 4:51am
Quoting Alluri
Its so interesting to see all the mixed reactions.Some long Some short .Some win Some loose... Price action is what works in general I believe. Kudos guy respect all views in general.
For every seller there's got to be a buyer. That's what makes it go round
  • #462,318
  • Jul 17, 2018 5:54am Jul 17, 2018 5:54am
Most lose (99,99%) so in the end its a joke but we have fun. We all want to make money so easly and unfortunately it is not hahahaha
POSTMASTER
  • #462,319
  • Jul 17, 2018 6:04am Jul 17, 2018 6:04am
Quoting Robinhood1
Most lose (99,99%) so in the end its a joke but we have fun. We all want to make money so easly and unfortunately it is not hahahaha
have you made money or not. that's the point.

GU has been the only pair which has been the most tricky in my trading career
Think Think Think.
  • #462,320
  • Jul 17, 2018 6:18am Jul 17, 2018 6:18am
nice drop..
just for a cup of coffee...
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