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Cable Update (GBPUSD)

  • #468,181
  • Nov 9, 2018 11:47pm Nov 9, 2018 11:47pm
I would like to see it hit the low 1.27's and then if the indicators suggest it, close my shorts and start buying longs. Simplistic but fun if it works.
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  • #468,182
  • Nov 10, 2018 1:55am Nov 10, 2018 1:55am
Quoting Bones
right what you wanna do with a hour chart for projecting far into the future is find the little cross and close it down then combine all those little hour candles by opening the weekly for a clear picture of what next & where we going {image}
That is very funny Bones. Just look at the tops and tails on those candles and how erratically the weekly can swing. I am an old man and can't wait that long to get a result. Far better for me to catch those swings, 1 min, 5 min and 1 hour suits me fine.
  • #468,183
  • Nov 10, 2018 3:49am Nov 10, 2018 3:49am
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  • #468,184
  • Nov 10, 2018 4:25am Nov 10, 2018 4:25am
Quoting Ill-b-back
{image}

Abandoned Baby I hope so
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If skills could be acquired by watching, every dog would be a butcher. Turk
  • #468,185
  • Nov 10, 2018 4:36am Nov 10, 2018 4:36am
Quoting Zircon
{quote} Abandoned Baby I hope so {image}
Looking at the Euro, the best EG can hope for would be a retest of the broken TL IMO
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  • #468,186
  • Nov 10, 2018 4:49am Nov 10, 2018 4:49am
Quoting Ill-b-back
{quote} Looking at the Euro, the best EG can hope for would be a retest of the broken TL IMO {image} {image}
my target 0.90 it is +/- 300 pips from here.
gbpusd moves 2 times more than eurgbp, it is +/- 600 pips.
this is only my prediction
If skills could be acquired by watching, every dog would be a butcher. Turk
  • #468,187
  • Nov 10, 2018 4:57am Nov 10, 2018 4:57am
Quoting Zircon
{quote} my target 0.90 it is +/- 300 pips from here. gbpusd moves 2 times more than eurgbp, it is +/- 600 pips. this is only my prediction
0.9?
Ok, I'm not one to say no way.
I've seen stranger things happen, but will be tough I think, particularly considering last weeks candle and the broken pattern.
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  • #468,188
  • Nov 10, 2018 5:51am Nov 10, 2018 5:51am
Quoting Ill-b-back
{quote} 0.9? Ok, I'm not one to say no way. I've seen stranger things happen, but will be tough I think, particularly considering last weeks candle and the broken pattern. {image} {image}
I see what you are pointing.
candlesticks is an amazing tool to build a high probability trade.
A gap near to a support price is strong buying for sure , a closing a gap in this case is saying the first attempt is failed.
Every end of trend has a top or bottom to allow the sentiment change.
In our case the bottom is there, a hammer to a kind of spinning bottom.
look at the daily it printed a strong Morning star.
The high probability the buying gonna continue next week. assuming the open is a little bit upper.
fundamental in favor weak sterling..
i trade the probable candlestick pattern high reliability and risk trade in place.
You know that Ill-b- talking is easy ,trading is much complicated.
If skills could be acquired by watching, every dog would be a butcher. Turk
  • #468,189
  • Nov 10, 2018 6:19am Nov 10, 2018 6:19am
Hi Z so the next candle is bullish ?

Quoting Zircon
{quote} Abandoned Baby I hope so {image}
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #468,190
  • Nov 10, 2018 6:43am Nov 10, 2018 6:43am
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #468,191
  • Nov 10, 2018 6:47am Nov 10, 2018 6:47am
ive drawn this since trying to work out those many wicks to the top
then updated it regularly
let me say you can break data up in any fashion for a fact
there's no way it can go up with the lower wick in place
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #468,192
  • Nov 10, 2018 6:49am Nov 10, 2018 6:49am
the only way it can go up is make a massive bullish candle
that's a doji cross prior
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #468,193
  • Nov 10, 2018 6:54am Nov 10, 2018 6:54am
let me break cable down ,
this 2 charts break cable up
if one moves then cable moves
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #468,194
  • Nov 10, 2018 6:59am Nov 10, 2018 6:59am
Quoting Bones
Hi Z so the next candle is bullish ? {quote}
i would say no to kill my ego.
I hope to see it , so yes to makes some money.

Hi B.
If skills could be acquired by watching, every dog would be a butcher. Turk
  • #468,195
  • Nov 10, 2018 7:01am Nov 10, 2018 7:01am
fundamentally there is no way May can get her plan through parliament ,
she has to roll the unlikely dice that it wouldn't be voted down
as far as im concerned to get to this position she effectively been daring someone to stand up

the only bullish outcome is if EU moves position
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #468,196
  • Nov 10, 2018 7:03am Nov 10, 2018 7:03am
Quoting Bones
ive drawn this since trying to work out those many wicks to the top then updated it regularly let me say you can break data up in any fashion for a fact there's no way it can go up with the lower wick in place {image}
I like your sharing charts , 3 weeks candlesticks is the way to go with.
I see it time to time.
Thanks man
If skills could be acquired by watching, every dog would be a butcher. Turk
  • #468,197
  • Nov 10, 2018 7:09am Nov 10, 2018 7:09am
Quoting Bones
fundamentally there is no way May can get her plan through parliament , she has to roll the unlikely dice that it wouldn't be voted down as far as im concerned to get to this position she effectively been daring someone to stand up the only bullish outcome is if EU moves position
I see her .
https://www.forexfactory.com/news.php?do=news&id=846184
If skills could be acquired by watching, every dog would be a butcher. Turk
  • #468,198
  • Nov 10, 2018 7:11am Nov 10, 2018 7:11am
days short , lets see what gonna happen.
If skills could be acquired by watching, every dog would be a butcher. Turk
  • #468,199
  • Nov 10, 2018 7:14am Nov 10, 2018 7:14am
ok lets see the open this time ,upper wicks show aggression
weekly is not short time
just saying

Quoting Zircon
days short , lets see what gonna happen.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #468,200
  • Nov 10, 2018 7:16am Nov 10, 2018 7:16am
upper wicks in line with trend
many now
On-site guru & also FF member's' psychiatrist, when not drinking tea
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