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Cable Update (GBPUSD)

  • #466,261
  • Oct 18, 2018 8:00am Oct 18, 2018 8:00am
Something strange in GU
  • #466,262
  • Oct 18, 2018 8:05am Oct 18, 2018 8:05am
Quoting elbert3
{quote} On the 5 min we had a small look over the line and it is forming a pennant shape so we now have one of my old plays price was 3129 at failed break
Hi e, here is what I see: failed at important 1.3130 area, tumbling down to daily low now. If break down, opens up 1.3060 at least with 1.3040 below.
Fix up, trade sharp ...
  • #466,263
  • Oct 18, 2018 8:23am Oct 18, 2018 8:23am
Quoting Hickson
{quote} Hi e, here is what I see: failed at important 1.3130 area, tumbling down to daily low now. If break down, opens up 1.3060 at least with 1.3040 below.
That level is my new added S
  • #466,264
  • Oct 18, 2018 8:27am Oct 18, 2018 8:27am
Quoting conglomerate
{quote} That level is my new added S
Yes, was a good spot to short.
Fix up, trade sharp ...
  • #466,265
  • Oct 18, 2018 8:29am Oct 18, 2018 8:29am
But, GU is struggle. Not like UCHF, rocket
  • #466,266
  • Oct 18, 2018 8:31am Oct 18, 2018 8:31am
Quoting Trade-G
M30 reaching MA60 also near immediate downtrend line on H1, at most will visit PP at 1.31342 which is now important resistance zone
Super.... stopped at PP where all lines converge.
  • #466,267
  • Oct 18, 2018 8:33am Oct 18, 2018 8:33am
From here its going to dingdong.... good night all...
  • #466,268
  • Oct 18, 2018 8:37am Oct 18, 2018 8:37am
Quoting conglomerate
Something strange in GU
now you know?
ha ha
just for a cup of coffee...
  • #466,269
  • Oct 18, 2018 8:37am Oct 18, 2018 8:37am
Quoting giantino2000
{quote} weak dollar is good for the economy because more foreign investment will be attracted to US.strong dollar only favours US consumers
It seems good but when a currency is rising its the opposite of what people think. When its on demand its rising so money is pumping in and that contributes to create wealth for everybody. its like if a bunch of people won a multimillionare lotery in a small town. they would buy all sorts and everyone would benefit. I was in the tourist sector when euro was like 1.60 to dollar and we couldn´t handle the demand and i remember collegues saying, the goverment should depreciate the euro hahahaha. ok now less people coming to Europe. you can tell cause less people demanding euros.
POSTMASTER
  • #466,270
  • Oct 18, 2018 8:40am Oct 18, 2018 8:40am
Quoting akim0895
{quote} ha ha i still have 3 more running long mate all stop at bE.. so..get some and rilex️
Sarcastic you...
Data + Stat + Risk/Emotions Management
  • #466,271
  • Oct 18, 2018 8:52am Oct 18, 2018 8:52am
Hey guys, beware, EJ, GJ, GU all lower high formed.
Intraday only.
  • #466,272
  • Oct 18, 2018 8:59am Oct 18, 2018 8:59am
Quoting Hickson
{quote} Hi e, here is what I see: failed at important 1.3130 area, tumbling down to daily low now. If break down, opens up 1.3060 at least with 1.3040 below.
4 hour chart 200 ema is in the way big space below that I have a tl that would show 2700 but let's be careful out there
  • #466,273
  • Oct 18, 2018 9:02am Oct 18, 2018 9:02am
Quoting navk
Hey guys, beware, EJ, GJ, GU all lower high formed.
thanks
  • #466,274
  • Oct 18, 2018 9:05am Oct 18, 2018 9:05am
Fasten your seatbelts
POSTMASTER
  • #466,275
  • Oct 18, 2018 9:06am Oct 18, 2018 9:06am
Quoting elbert3
{quote} 4 hour chart 200 ema is in the way big space below that I have a tl that would show 2700 but let's be careful out there
I am jumping off the train 2500
POSTMASTER
  • #466,276
  • Oct 18, 2018 9:10am Oct 18, 2018 9:10am
Quoting elbert3
{quote} 4 hour chart 200 ema is in the way big space below that I have a tl that would show 2700 but let's be careful out there
yesterday's low got broken ... 1.3060 is a normal move from here in my book.
Fix up, trade sharp ...
  • #466,277
  • Oct 18, 2018 9:13am Oct 18, 2018 9:13am
Quoting Hickson
{quote} yesterday's low got broken ... 1.3060 is a normal move from here in my book.
It's testing that 3080 it's a strong one watch the 1 min
  • #466,278
  • Oct 18, 2018 9:14am Oct 18, 2018 9:14am
Quoting elbert3
{quote} It's testing that 3080 it's a strong one watch the 1 min
Yes I have that too. Hence sl to BE so it cannot hurt me, but downside potential is a lot.
Fix up, trade sharp ...
  • #466,279
  • Oct 18, 2018 9:17am Oct 18, 2018 9:17am
GU... LONG 3079 stop 30675 TP 315x
  • #466,280
  • Oct 18, 2018 9:49am Oct 18, 2018 9:49am
Quoting masudsardar
{image}
Attached Image (click to enlarge)
Click to Enlarge Name: GBP.USD.TRADE.jpg Size: 85 KB
to err is human
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