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Cable Update (GBPUSD)

  • #464,441
  • Sep 5, 2018 7:25am Sep 5, 2018 7:25am
Quoting navk
This thread is silent today. May be they are concentrating on their own trades. I closed my longs in GU.To be ready for CAD trades in NY session. In another account I am taking shorts in EA above 6150.
closed my short in EA. will look in NY session for possible trades.

Free now.
Intraday only.
  • #464,442
  • Sep 5, 2018 7:51am Sep 5, 2018 7:51am
Quoting ballballball
1.281x buy again
Out 1.2831 for some pips
  • #464,443
  • Sep 5, 2018 7:54am Sep 5, 2018 7:54am
Quoting Trade-G
{quote} CAD nice top, you trading shorts once support give way?
No hike in rate expected.

Possible the UC will spike. Then shorting is the option.

Both UC and EC.
Intraday only.
  • #464,444
  • Sep 5, 2018 7:54am Sep 5, 2018 7:54am
I in the profit zone baby
Attached Image (click to enlarge)
Click to Enlarge Name: New Doc 2018-09-05 15.53.54_1.jpg Size: 126 KB
yes yes yes
  • #464,445
  • Sep 5, 2018 7:58am Sep 5, 2018 7:58am
Quoting Georginson
{quote} Minimum monthly range is 420 pips for tjhe last 6 months. So if present monthly high of 1.2932 is unbroken, then 1.2510 will be touched this month. Should the price return to 1.2914, then 1.3200 will be attained this month as far as price doesn't break below 1.27xx. Besides dxy is already showing weakness and brexit agreement will be announced pretty soon, which should be GBPUSD bullish.
Ok great understand where you coming from thumbs up!
  • #464,446
  • Sep 5, 2018 8:00am Sep 5, 2018 8:00am
Quoting Trade-G
1.28485 is what cable is now targeting if the move is complete.
Move seems not strong atm
  • #464,447
  • Sep 5, 2018 8:01am Sep 5, 2018 8:01am
Quoting navk
{quote} No hike in rate expected. Possible the UC will spike. Then shorting is the option. Both UC and EC.
Its now exactly at the uptrend line sideways awaiting for a move
  • #464,448
  • Sep 5, 2018 8:04am Sep 5, 2018 8:04am
Quoting Trade-G
Now looking at H4 closing, technically speaking if closing low is supported above 1.28050 we should be bouncing off from here, how will it be I don't know. M5 1.2833 above we could see the ray of hope for bulls
Oops H4 closed above the ultimate support region, what candlesticks say a hammer at the bottom. Its as good as a lower low failure, lets see if this will pan out something good for bulls. Still no position as I am out both shorts and long prior to the tweezer bottom on the H1
  • #464,449
  • Sep 5, 2018 8:06am Sep 5, 2018 8:06am
Superb ! the longer term bullish setup is still there
  • #464,450
  • Sep 5, 2018 8:07am Sep 5, 2018 8:07am
Quoting Georginson
{quote} GBPUSD will close the gap at 1.2960 and once this happens, 1.3200 will be attained this September. Failure to touch 1.2914 will invalidate this analysis and crush price to 1.25xx.
Does this move now validate your bullish long entry ?
  • #464,451
  • Sep 5, 2018 8:09am Sep 5, 2018 8:09am
Quoting msniper
I am long GBPUSD at current price level 1.2820 my SL around 1.2700 and target above 1.3000 GU now is in retest level of the broken down trend and should gain momentum and start rising soon today or tomorrow
more than 150pips profit so far
we can safely move SL to entry level @ 1.2825

target is far away above 1.3050
  • #464,452
  • Sep 5, 2018 8:10am Sep 5, 2018 8:10am
love cabel
close for +150
leave a other one run how far before sL touch
just for a cup of coffee...
  • #464,453
  • Sep 5, 2018 8:11am Sep 5, 2018 8:11am
Gap closed at high speed and huge spread as always.Algos hand once again.Just another spike to be shorted.A very short term move.TP as u can.This level can't hold more than 15 minutes.
It's show time
  • #464,454
  • Sep 5, 2018 8:13am Sep 5, 2018 8:13am
Quoting masterx584
Gap closed at high speed and huge spread as always.Algos hand once again.Just another spike to be shorted.A very short term move.TP as u can.
Can you explain why this spike is to be shorted?
  • #464,455
  • Sep 5, 2018 8:14am Sep 5, 2018 8:14am
wtf happened there? News?
  • #464,456
  • Sep 5, 2018 8:15am Sep 5, 2018 8:15am
Just to close the gap down on Monday? wow
  • #464,457
  • Sep 5, 2018 8:16am Sep 5, 2018 8:16am
Quoting msniper
{quote} more than 150pips profit so far we can safely move SL to entry level @ 1.2825 target is far away above 1.3050
Lets see if there will be entry for any pullbacks, expecting it a gradual pullback
  • #464,458
  • Sep 5, 2018 8:16am Sep 5, 2018 8:16am
Quoting Emerald2112
wtf happened there? News?
That's exactly what I'm wondering! Luckily, I got a long in just before it took off. BE already set in case it's a spike.
  • #464,459
  • Sep 5, 2018 8:16am Sep 5, 2018 8:16am
Quoting Emerald2112
Just to close the gap down on Monday? wow
All gaps and pockets must be closed
  • #464,460
  • Sep 5, 2018 8:18am Sep 5, 2018 8:18am
breaking news?
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