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Cable Update (GBPUSD)

  • #463,421
  • Aug 7, 2018 10:51pm Aug 7, 2018 10:51pm
1.24 very nice area. =P in near future.
  • #463,422
  • Aug 7, 2018 11:04pm Aug 7, 2018 11:04pm
Hello, with my trading plan working from H1 i canīt find uptrend signal, yet. Maybe the cableīll look for a new bottom. Watching H4 chart it seems that at least a wave 5 will appear soon.
  • #463,423
  • Aug 8, 2018 1:28am Aug 8, 2018 1:28am
With all this rejection the pound has been getting lately, she'll start to get a complex
Come with me if you want to live....
  • #463,424
  • Aug 8, 2018 2:03am Aug 8, 2018 2:03am
It has hit my first small target at 2929 but refuses to go for the bigger target of 2900...Driving me nuts.... Come on, it is only 29 pips!
  • #463,425
  • Aug 8, 2018 2:35am Aug 8, 2018 2:35am
Quoting Nala66
It has hit my first small target at 2929 but refuses to go for the bigger target of 2900...Driving me nuts.... Come on, it is only 29 pips!
Patience. I'm looking for 2902.
Come with me if you want to live....
  • #463,426
  • Aug 8, 2018 2:42am Aug 8, 2018 2:42am
Quoting Ill-b-back
{quote} Patience. I'm looking for 2902.
Ha, that is exactly my target I just rounded it a tad.

Currently it looks like the bears are looking for support, so they are staling for time on the 1H
  • #463,427
  • Aug 8, 2018 2:56am Aug 8, 2018 2:56am
Attached Image (click to enlarge)
Click to Enlarge Name: GBP.USD.TRADE.jpg Size: 77 KB
to err is human
  • #463,428
  • Aug 8, 2018 3:00am Aug 8, 2018 3:00am
Quoting Nala66
{quote} Ha, that is exactly my target I just rounded it a tad. Currently it looks like the bears are looking for support, so they are staling for time on the 1H
Normally I wouldn't both with a piddly 50 pips but I thought what the hell, it's Wednesday right....
Come with me if you want to live....
  • #463,429
  • Aug 8, 2018 3:36am Aug 8, 2018 3:36am
https://www.forexfactory.com/showthread.php?t=768090
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www.sme-fx.com
  • #463,430
  • Aug 8, 2018 3:40am Aug 8, 2018 3:40am
Quoting thir13enth
{quote} Closed. Scary, I see 2850 on Daily.
Harvest season soon?
  • #463,431
  • Aug 8, 2018 3:41am Aug 8, 2018 3:41am
look like 2850-2770 in play now
just for a cup of coffee...
  • #463,432
  • Aug 8, 2018 3:53am Aug 8, 2018 3:53am
I am out of targets so I will have to dream up new ones....
  • #463,433
  • Aug 8, 2018 3:55am Aug 8, 2018 3:55am
GBPUSD H4
Technical Analysis
🗓 2018/08/08
Attached Image (click to enlarge)
Click to Enlarge Name: 2018-08-08_1.jpg Size: 261 KB
  • #463,434
  • Aug 8, 2018 4:15am Aug 8, 2018 4:15am
Quoting Nala66
{quote} Ha, that is exactly my target I just rounded it a tad. Currently it looks like the bears are looking for support, so they are staling for time on the 1H
Yeah, my actual tech target is 2897 or so, but I always allow for a little.
Come with me if you want to live....
  • #463,435
  • Aug 8, 2018 4:21am Aug 8, 2018 4:21am
i think a little more drop will be good to 1.28900

Attached Image


but i never be sure for this trade ... this could be wrong
no one knows
  • #463,436
  • Aug 8, 2018 4:34am Aug 8, 2018 4:34am
Depending on how the closing will be potential for an even lower low...
  • #463,437
  • Aug 8, 2018 4:35am Aug 8, 2018 4:35am
Quoting kayikayi
{quote} 1.2891 next?
1.2850ish?
  • #463,438
  • Aug 8, 2018 5:29am Aug 8, 2018 5:29am
I have a 2803 but didn't think that likely, however we are now half way there????
  • #463,439
  • Aug 8, 2018 5:30am Aug 8, 2018 5:30am
Quoting RicardoJoel
In my perspective, GBPUSD is trading below the resistance level 1.29748 and forms a symmetrical triangle pattern in a technical 4-hour chart. I expect the bearish momentum to continue for next trading hours, pair would get first support at 1.29427 and if it sustains below this level, then it will take second support at 1.29327. Further mounting pressure will force the pair to fall till level of 1.29063 after failure to sustain above third level at 1.29177. A solid breakdown of pattern will force the pair to attain a level of 1.28622 after failure...
Hello Guys! There is a very nice opportunity to trade with GBP
Attached Image (click to enlarge)
Click to Enlarge Name: 8 Aug GBPUSD.PNG Size: 63 KB
  • #463,440
  • Aug 8, 2018 5:35am Aug 8, 2018 5:35am
GBPUSD H4
BUY ATT : 1.2880/1.2865
TP:1.3000/1.3070
SL:1.2800
🗓 2018/08/08
Attached Image (click to enlarge)
Click to Enlarge Name: 2018-08-08_150242.jpg Size: 267 KB
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