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Cable Update (GBPUSD)

  • #466,541
  • Oct 22, 2018 8:04am Oct 22, 2018 8:04am
OK the LL average has been achieved so time to start tightening the stops and await being stopped out...

It may make the 2925
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  • #466,542
  • Oct 22, 2018 8:11am Oct 22, 2018 8:11am
Trailing stop 40pip, lets slide
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  • #466,543
  • Oct 22, 2018 8:11am Oct 22, 2018 8:11am
Quoting breal
Trailing stop 40pip, lets slide {image}
nice mate
so do i️
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just for a cup of coffee...
  • #466,544
  • Oct 22, 2018 8:13am Oct 22, 2018 8:13am
OK that is me out now the 2959 average could well be the bottom since we have done over 130 pips.
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  • #466,545
  • Oct 22, 2018 8:16am Oct 22, 2018 8:16am
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #466,546
  • Oct 22, 2018 8:48am Oct 22, 2018 8:48am
Quoting Robinhood1
In my opinion heading towards 1.2950 and probably pullback to 1.3120
Ok, possibility head towards 1.3125 from 1.2940/50. I don´t dare go long but will be short from 1.3125 to 1.2440 if it occurs
POSTMASTER
  • #466,547
  • Oct 22, 2018 8:56am Oct 22, 2018 8:56am
Cable trying to find a bottom 1.2955. Reversal in the wind in the next 24 hours?1.3130 target....Sooner rather than later. I'll probably get clobbered for this post...
  • #466,548
  • Oct 22, 2018 9:04am Oct 22, 2018 9:04am
Quoting directxxx
Cable trying to find a bottom 1.2955. Reversal in the wind in the next 24 hours?1.3130 target....Sooner rather than later. I'll probably get clobbered for this post...
You are absolutely spot on mate.... In fact 1.3200 is attainable this week, only a drop below 1.2900 will invalidate this move. Stay green
Data + Stat + Risk/Emotions Management
  • #466,549
  • Oct 22, 2018 9:06am Oct 22, 2018 9:06am
its fallen 100 pips from open and the daily just failed ,what tf is it finding a bottom 1 min
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  • #466,550
  • Oct 22, 2018 9:08am Oct 22, 2018 9:08am
this will be the last chance or last day for bulls to proof their power. they should defend 1.2920 very well and show some strength.. if they fail it will be very bearish for GBP
  • #466,551
  • Oct 22, 2018 9:09am Oct 22, 2018 9:09am
here's h4 see what May says in a min ,see the reaction in the commons
95% done apparently
that low won't hold the week and you won't see 13130
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #466,552
  • Oct 22, 2018 9:11am Oct 22, 2018 9:11am
Quoting Bones
here's h4 see what May says in a min ,see the reaction in the commons 95% done apparently that low won't hold the week and you won't see 13130 {image}
Hi Bones, nice charts as always. I am looking to sell 1.30-1.3010 area.
Fix up, trade sharp ...
  • #466,553
  • Oct 22, 2018 9:12am Oct 22, 2018 9:12am
Quoting msniper
this will be the last chance or last day for bulls to proof their power. they should defend 1.2920 very well and show some strength.. if they fail it will be very bearish for GBP
I'm a bull and I don't give up easy, I will defend 1.2920 with all my strength to target 1.3200 in few days... Lol
Data + Stat + Risk/Emotions Management
  • #466,554
  • Oct 22, 2018 9:13am Oct 22, 2018 9:13am
coffee time?
  • #466,555
  • Oct 22, 2018 9:14am Oct 22, 2018 9:14am
Quoting Hickson
{quote} Hi Bones, nice charts as always. I am looking to sell 1.30-1.3010 area.
Good luck to your potential Sell... Let me persuade you to join the Bulls on your demo account and see how it will turn out. Stay green
Data + Stat + Risk/Emotions Management
  • #466,556
  • Oct 22, 2018 9:18am Oct 22, 2018 9:18am
Quoting Georginson
{quote} I'm a bull and I don't give up easy, I will defend 1.2920 with all my strength to target 1.3200 in few days... Lol
I agree. 1.29 is where this market should be looking for a reversal but I have a feeling that this could be a bottom (risky I know). If the the USDX can't make a new high there could be positive news in the wind for Cable... Interesting time. Look forward to watching them both play out. Apologies I should have cleaned up that image before posting.
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  • #466,557
  • Oct 22, 2018 9:19am Oct 22, 2018 9:19am
this plane was 95% complete the pilot had no idea why it was hard to fly
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  • #466,558
  • Oct 22, 2018 9:21am Oct 22, 2018 9:21am
Quoting Robinhood1
{quote} could go back to visit 131.20 after hiting 129.50
This is what i posted on the 18th. so far so good
POSTMASTER
  • #466,559
  • Oct 22, 2018 9:22am Oct 22, 2018 9:22am
this is what I said straight after and it still valid

Quoting Bones
not in all probability, it won't happen now all we can do is wait and see its not going back to that number be sure to quote me if it does... {quote}
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #466,560
  • Oct 22, 2018 9:24am Oct 22, 2018 9:24am
Quoting Robinhood1
{quote} This is what i posted on the 18th. so far so good
Could be a very good call. Sorry I did not see your post on 18th. I am in Vigo
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