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Cable Update (GBPUSD)

  • #464,581
  • Sep 6, 2018 9:38am Sep 6, 2018 9:38am
As long as H4 gets supported at 1.2921 region, we are still bullish
  • #464,582
  • Sep 6, 2018 9:40am Sep 6, 2018 9:40am
Quoting mrhb30jr
patience ... price still going up
Yes likely to keep absorbing the trapped buyers up there until it gets to equilebrium
  • #464,583
  • Sep 6, 2018 9:49am Sep 6, 2018 9:49am
Quoting mrhb30jr
M5 bulish flag ...GU {image}
Saw your chart, you got stopped out... I think its going to grind until one side gives way, hands off I might say
  • #464,584
  • Sep 6, 2018 9:56am Sep 6, 2018 9:56am
M5 top gets invalidated, its set to challenge the top of yesterday
  • #464,585
  • Sep 6, 2018 9:56am Sep 6, 2018 9:56am
Hello again mister gap
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yes yes yes
  • #464,586
  • Sep 6, 2018 10:01am Sep 6, 2018 10:01am
M5 and M30 is not out of the woods.... not gonna watch this difficult grind.... good night all..
  • #464,587
  • Sep 6, 2018 10:01am Sep 6, 2018 10:01am
Quoting Trade-G
{quote} Yes likely to keep absorbing the trapped buyers up there until it gets to equilebrium
Here is another open buy position ... M30 still close above the yellow zone ... still valid to going long ...

Attached Image (click to enlarge)
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  • #464,588
  • Sep 6, 2018 10:05am Sep 6, 2018 10:05am
Quoting mrhb30jr
{quote} Here is another open buy position ... M30 still close above the yellow zone ... still valid to going long ... {image}
Wow that's great ! I still believe the higher timeframe eversince bounced off fromm yesterdays low is set for HH, just that now its going to be fuzzy for a while in this inside days.... good night !
  • #464,589
  • Sep 6, 2018 10:22am Sep 6, 2018 10:22am
GU dropping 250+ pips next 48 hours.
It's show time
  • #464,590
  • Sep 6, 2018 10:23am Sep 6, 2018 10:23am
i go long here.

Attached Image (click to enlarge)
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  • #464,591
  • Sep 6, 2018 11:55am Sep 6, 2018 11:55am
Quoting longshot_nl
i go long here. {image}
i go short
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yes yes yes
  • #464,592
  • Sep 6, 2018 12:29pm Sep 6, 2018 12:29pm
GBP broke down...no more retracement ,no more volatility no more nothing...slow death.Good pips at horizon.
It's show time
  • #464,593
  • Sep 6, 2018 5:11pm Sep 6, 2018 5:11pm
GBP/Usd is consolidating its recent gains, showing no directional strength for the short-term, I'm staying sideline for now.
  • #464,594
  • Sep 6, 2018 5:19pm Sep 6, 2018 5:19pm
Hello fellow traders,

Bullish move on h1?

Thanks

Attached Image (click to enlarge)
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"The markets can remain irrational longer than you can remain solv
  • #464,595
  • Sep 6, 2018 5:44pm Sep 6, 2018 5:44pm
Quoting masterx584
GU dropping 250+ pips next 48 hours.
how did you figure that out?
  • #464,596
  • Sep 6, 2018 5:49pm Sep 6, 2018 5:49pm
Quoting squidster85
{quote} how did you figure that out?
Started a new down wave today.
It's show time
  • #464,597
  • Sep 6, 2018 6:45pm Sep 6, 2018 6:45pm
Quoting masterx584
{quote} Started a new down wave today.
How do you work out waves from this... Price just keeps making 50% retracements of the swings
Attached Image (click to enlarge)
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  • #464,598
  • Sep 6, 2018 7:28pm Sep 6, 2018 7:28pm
Interesting method...

I only monitor the one pair GBP/USD and do this on 4 monitors each showing different aspects of the price action. For example I have 4 versions of the 5 min chart to show me specifically what I am looking for. Normally I can start and finish my trading in an hour or so, getting my daily price objective to double my account monthly.

I use to spend a lot of time at the PC but this is not healthy so the sooner I am done the better.

It is interesting to see just how many trading methods there are, what I dislike is when people say something without showing the reason why, so posts like those I just ignore.

With you wave counting method are you using Elliot waves or Goodman waves?
  • #464,599
  • Sep 6, 2018 9:03pm Sep 6, 2018 9:03pm
shorting EA above 6165.

this time stop. 17 pips. Ready to loose if it hits.
Intraday only.
  • #464,600
  • Sep 6, 2018 9:08pm Sep 6, 2018 9:08pm
Quoting navk
shorting EA above 6165. this time stop. 17 pips. Ready to loose if it hits.
hmm out
Intraday only.
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