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Cable Update (GBPUSD)

  • #465,261
  • Sep 27, 2018 10:53am Sep 27, 2018 10:53am
Quoting yousername
There's bearish quasimodo pattern (Over and Under) i think pound will continue moves lower in the future... {image}
I think EURUSD will have the same fate as well..... Move to the upside is least likely.
This is not investment/trading advise. Will not hold accountable for loss
  • #465,262
  • Sep 27, 2018 10:56am Sep 27, 2018 10:56am
Quoting navk
until now, NY just opened. Today Result 4.662 %. Dunno how much I am going to give it back to market in NY.
Finished with 8.1 % today.

Closed GU long for small.

Only EC long running.

Good night all.
Intraday only.
  • #465,263
  • Sep 27, 2018 11:04am Sep 27, 2018 11:04am
I want to why Friday is all about usd long I guess maximum time usd is bullish on Friday
Please Can any one explain
Or maybe I am wrong but just want know
And also you all are great trader I learned a lot from here thank everyone here
  • #465,264
  • Sep 27, 2018 11:09am Sep 27, 2018 11:09am
Quoting Jiten121
I want to why Friday is all about usd long I guess maximum time usd is bullish on Friday Please Can any one explain Or maybe I am wrong but just want know And also you all are great trader I learned a lot from here thank everyone here
To my knowledge, there is nothing like usd long or short on Fridays.

The only thing what I noticed is :

Trend will continue in european, london, NY sessions on Fridays. But after 10 AM EST, traders will book profits, so the PA will reverse. ( most likely )
Intraday only.
  • #465,265
  • Sep 27, 2018 11:25am Sep 27, 2018 11:25am
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #465,266
  • Sep 27, 2018 11:28am Sep 27, 2018 11:28am
Attached Image (click to enlarge)
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #465,267
  • Sep 27, 2018 11:32am Sep 27, 2018 11:32am
the open is the most important number
{W1}

Quoting Bones
{image}
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #465,268
  • Sep 27, 2018 11:58am Sep 27, 2018 11:58am
Attached Image (click to enlarge)
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look left let's see on the close 4 hour candle
  • #465,269
  • Sep 27, 2018 3:02pm Sep 27, 2018 3:02pm
I note that often the vertical distance between resistance and support of an upward or downward channel is 30pips. For steeper slopes 20pips. Any comments on this?

I presume the trick is to recognise this as early as possible to help to predict the future price movement.

An example of this, at midday today, of the steeper channel one could have guessed the highest price at least an hour before. Also the spike hit the resistance line of the same channel at a later stage.
  • #465,270
  • Sep 27, 2018 3:17pm Sep 27, 2018 3:17pm
Attached Image (click to enlarge)
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Quoting elbert3
{image} look left let's see on the close 4 hour candle
Easy add on to the short plan nice bigger lot breakout of the above post taking a pp profit of 14pip let's see how far we can drag the profit out
  • #465,271
  • Sep 27, 2018 4:02pm Sep 27, 2018 4:02pm
Quoting elbert3
{image}{quote} Easy add on to the short plan nice bigger lot breakout of the above post taking a pp profit of 14pip let's see how far we can drag the profit out
Hic lol sorry boss
  • #465,272
  • Sep 27, 2018 6:40pm Sep 27, 2018 6:40pm
The GBPUSD weakens, but stays inside a congestion area between two important moving averages, the 55 and 200 day EMAs. The most important resistance on the GBP/USD is at the 1.3300 level and its support at the 1.3000 level.
  • #465,273
  • Sep 27, 2018 7:33pm Sep 27, 2018 7:33pm
Probably !!
Attached Image (click to enlarge)
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Precise Execution!
  • #465,274
  • Sep 28, 2018 1:42am Sep 28, 2018 1:42am
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look left
  • #465,275
  • Sep 28, 2018 1:52am Sep 28, 2018 1:52am
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As last nights post on that 4 hour chart we had a 3096 trade that profit was taken at 75 now price jumped up back to that 3090 line and we had a rejection at this time missed that trade as just woke
  • #465,276
  • Sep 28, 2018 3:31am Sep 28, 2018 3:31am
Profit take as it hit 3049 support area as we come to the news
  • #465,277
  • Sep 28, 2018 3:37am Sep 28, 2018 3:37am
Attached Image (click to enlarge)
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #465,278
  • Sep 28, 2018 3:39am Sep 28, 2018 3:39am
shorts target reach and test small long️
just for a cup of coffee...
  • #465,279
  • Sep 28, 2018 3:40am Sep 28, 2018 3:40am
Re enter the trade keep to the plan posted
  • #465,280
  • Sep 28, 2018 4:13am Sep 28, 2018 4:13am
130 pips from 50% correction to support line.
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yes yes yes
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