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Cable Update (GBPUSD)

  • #466,001
  • Oct 16, 2018 4:49pm Oct 16, 2018 4:49pm
Quoting msniper
chart for all GBP pairs all together I can see head and shoulder. can this work and make all GBP pairs fly {image}
No
POSTMASTER
  • #466,002
  • Oct 16, 2018 5:51pm Oct 16, 2018 5:51pm
Quoting elbert3
{quote} Sometimes fortune favours the brace . But I am not adverse to change of tac . And as you say play it as we see it .! Regards E
True and a good decision there, well done, but at the time you never said why.

Now in the cold light of a new day I see on the 1H chart the bulls did not find support until after they took out the resistance, this is not supposed to happen so now they have to fall back below the EMA and start over and find that support. I took my eye off the ball for that one.

I would be interested to know why you went short... Though I suspect you looked left and saw that as a resistance zone price could not break.
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  • #466,003
  • Oct 16, 2018 7:15pm Oct 16, 2018 7:15pm
Short-term the momentum remains bullish, but the pair upside is limited. GBP/Usd continues its sideway trading just below 1.3200 level.
  • #466,004
  • Oct 16, 2018 8:23pm Oct 16, 2018 8:23pm
Quoting msniper
chart for all GBP pairs all together I can see head and shoulder. can this work and make all GBP pairs fly {image}
Potentially? Of course
Your chart structure and analysis looks valid

I think Cable's bullish hammer of 2.5 weeks ago will be hard to crack below, with bullish pressure mounting on ascending TL.
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Come with me if you want to live....
  • #466,005
  • Oct 16, 2018 8:58pm Oct 16, 2018 8:58pm
Mr. Akim any chance to fly again today...? higher..!!!
  • #466,006
  • Oct 16, 2018 9:11pm Oct 16, 2018 9:11pm
Quoting Sambagus
Mr. Akim any chance to fly again today...? higher..!!!
maybe..
wait london open️
just for a cup of coffee...
  • #466,007
  • Oct 16, 2018 10:51pm Oct 16, 2018 10:51pm
so bored��
test small long 3170
stop 20pips
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just for a cup of coffee...
  • #466,008
  • Oct 16, 2018 11:11pm Oct 16, 2018 11:11pm
The bull campaign is over. I could be wrong (just to be politically correct)
POSTMASTER
  • #466,009
  • Edited 11:44pm Oct 16, 2018 11:13pm | Edited 11:44pm
Quoting Robinhood1
The bull campaign is over. I could be wrong (just to be politically correct)
Mind you, we can call a 10,20,30 pip.... run up bullish.
POSTMASTER
  • #466,010
  • Oct 16, 2018 11:19pm Oct 16, 2018 11:19pm
maybe yes or no before us open...
small lots for my luwak coffee️
just for a cup of coffee...
  • #466,011
  • Oct 16, 2018 11:22pm Oct 16, 2018 11:22pm
Quoting akim0895
maybe yes or no before us open... small lots for my luwak coffee️
Yes, lets have a coffee while waiting
POSTMASTER
  • #466,012
  • Oct 16, 2018 11:51pm Oct 16, 2018 11:51pm
Maybe coffee with some music
Inserted Video
POSTMASTER
  • #466,013
  • Oct 16, 2018 11:54pm Oct 16, 2018 11:54pm
If we get a daily close back below the gap, the bears might have something to celebrate (at least for a little while).
Come with me if you want to live....
  • #466,014
  • Oct 16, 2018 11:58pm Oct 16, 2018 11:58pm
Quoting Ill-b-back
If we get a daily close back below the gap, the bears might have something to celebrate (at least for a little while).
Nice to hear you back, IŽll be back. Have a coffee you too pls
POSTMASTER
  • #466,015
  • Oct 17, 2018 1:09am Oct 17, 2018 1:09am
If you are not already long then you are a little late...Long from 3165 stop now at BE
  • #466,016
  • Oct 17, 2018 1:17am Oct 17, 2018 1:17am
come on bulls
show what you got
just for a cup of coffee...
  • #466,017
  • Oct 17, 2018 1:27am Oct 17, 2018 1:27am
Back from grocery shopping, was late for a scalp long.... closed long with scratch win
  • #466,018
  • Oct 17, 2018 1:27am Oct 17, 2018 1:27am
I get my first coffee ++
  • #466,019
  • Oct 17, 2018 1:31am Oct 17, 2018 1:31am
Quoting Nala66
{quote} True and a good decision there, well done, but at the time you never said why. Now in the cold light of a new day I see on the 1H chart the bulls did not find support until after they took out the resistance, this is not supposed to happen so now they have to fall back below the EMA and start over and find that support. I took my eye off the ball for that one. I would be interested to know why you went short... Though I suspect you looked left and saw that as a resistance zone price could not break. {image}
morning if you look left of the green line
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  • #466,020
  • Oct 17, 2018 1:31am Oct 17, 2018 1:31am
Trying to cross the EMA on the hour...then find support and up she goes.

My spread is a tad high...Is there some UK news due today on Brexit
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