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Cable Update (GBPUSD)

  • #463,401
  • Aug 7, 2018 8:23am Aug 7, 2018 8:23am
Quoting ZenNy
A doubt this will retest the recent low......(but I have been wrong many times before)....buy stop 2975
I think it will and fall as low as 2902.

The bullish enthusiasm is very weak.
  • #463,402
  • Aug 7, 2018 9:27am Aug 7, 2018 9:27am
Quoting kayikayi
{quote} I guess the down move is strong with capital S. 1.2940 ain't stopping it! 1.2920 then?
1.2891 next?
  • #463,403
  • Aug 7, 2018 10:17am Aug 7, 2018 10:17am
2975 next and then 3000.
Intraday only.
  • #463,404
  • Aug 7, 2018 10:27am Aug 7, 2018 10:27am
gu 15m
Attached Image (click to enlarge)
Click to Enlarge Name: gbp h1.png Size: 36 KB
yes yes yes
  • #463,405
  • Aug 7, 2018 10:30am Aug 7, 2018 10:30am
Quoting navk
2975 next and then 3000.
Ok why not?....
  • #463,406
  • Aug 7, 2018 10:33am Aug 7, 2018 10:33am
Quoting kayikayi
{quote} Ok why not?....
Becos, I am long, so I want the price to goto 2975 first and then 3000. Nothing else.
Intraday only.
  • #463,407
  • Aug 7, 2018 10:43am Aug 7, 2018 10:43am
Quoting kayikayi
{quote} Ok why not?....
On a serious note, I see that the PA does not want to go down.

At least for today.
Intraday only.
  • #463,408
  • Aug 7, 2018 11:00am Aug 7, 2018 11:00am
Quoting navk
{quote} On a serious note, I see that the PA does not want to go down. At least for today.
i with bull side again today
just for a cup of coffee...
  • #463,409
  • Aug 7, 2018 11:38am Aug 7, 2018 11:38am
Quoting navk
{quote} On a serious note, I see that the PA does not want to go down. At least for today.
hahah I figured you were long.. but truly you might be right...I am expecting a 100 pips correction somewhere below the level I gave....so if it happens earlier the merrier.

However what I see now is just oscillation until tomorrow...Frankfurt or London open then we either resume the descent or we continue the correction.
  • #463,410
  • Aug 7, 2018 1:19pm Aug 7, 2018 1:19pm
buy 2933
sL 2900
tP open
just for a cup of coffee...
  • #463,411
  • Aug 7, 2018 1:25pm Aug 7, 2018 1:25pm
Quoting kayikayi
{quote} hahah I figured you were long.. but truly you might be right...I am expecting a 100 pips correction somewhere below the level I gave....so if it happens earlier the merrier. However what I see now is just oscillation until tomorrow...Frankfurt or London open then we either resume the descent or we continue the correction.
Ha! "they" don't want to wait till tomorrow..."they" got to work t o d a y!
  • #463,412
  • Aug 7, 2018 1:28pm Aug 7, 2018 1:28pm
Im dead if it reach 1.2917 lol
  • #463,413
  • Aug 7, 2018 1:36pm Aug 7, 2018 1:36pm
gu h1
Attached Image (click to enlarge)
Click to Enlarge Name: gbp h1.png Size: 24 KB
yes yes yes
  • #463,414
  • Aug 7, 2018 4:03pm Aug 7, 2018 4:03pm
Quoting Nala66
{quote} I think it will and fall as low as 2902. The bullish enthusiasm is very weak.
The BO did not follow up and my limit order was not triggered......the recent low still has not been tested to the pip.....also Eu stalled after the initial BO....but you were right enthusiasm was weak...

Maybe tomorrow 3022 or 3092?
trading is simple but is simple is not easy.
  • #463,415
  • Aug 7, 2018 6:44pm Aug 7, 2018 6:44pm
Quoting Ill-b-back
Todays trading zone I should think with blue zone PA hints {image} {image}
Indecisive daily candle at top of trading zone looks bearish to me.
Staying true to form, GU produces a fake bullish candle into resistance (4hr), giving the NY lads a nice price to short from

Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDH4.png Size: 27 KB
Click to Enlarge Name: GBPUSDDaily1.png Size: 28 KB
Come with me if you want to live....
  • #463,416
  • Aug 7, 2018 6:53pm Aug 7, 2018 6:53pm
Yesterday's 1hr PA basically confirms the zone
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 19 KB
Come with me if you want to live....
  • #463,417
  • Aug 7, 2018 7:16pm Aug 7, 2018 7:16pm
Looking at the daily it still looks short to me....

And my 1H chart still says 2900 level.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 54 KB
  • #463,418
  • Aug 7, 2018 10:17pm Aug 7, 2018 10:17pm
nice push to the upside from cabel
just for a cup of coffee...
  • #463,419
  • Aug 7, 2018 10:44pm Aug 7, 2018 10:44pm
Quoting akim0895
nice push to the upside from cabel
today close will be above 3000.
Intraday only.
  • #463,420
  • Aug 7, 2018 10:49pm Aug 7, 2018 10:49pm
Quoting kenfrost
Im dead if it reach 1.2917 lol
Hope it wil reach 1.3000 cuz i survive the 1.2917
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