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Cable Update (GBPUSD)

  • #472,101
  • Dec 9, 2018 2:41pm Dec 9, 2018 2:41pm
Quoting braintheboss
{quote} Tomorrow May will decide if delay vote. If happens I think GBP will be unstoppable to the sky
I am considering support around 1.2705 to go upto just above 1.2810 to break friday´s high and then possible go down to around latest low 1.2660 or visit 1.2660 without breaking high. In any case i am convinced to be on the right side of the market as to say long. I´ll be buying around 1.2700 plus around 1.2660 if goes there.
POSTMASTER
  • #472,102
  • Dec 9, 2018 2:43pm Dec 9, 2018 2:43pm
Around 1.2700 now according to XE

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POSTMASTER
  • #472,103
  • Dec 9, 2018 2:46pm Dec 9, 2018 2:46pm
Quoting Robinhood1
{quote} I am considering support around 1.2705 to go upto just above 1.2810 to break friday´s high and then possible go down to around latest low 1.2660 or visit 1.2660 without breaking high. In any case i am convinced to be on the right side of the market as to say long. I´ll be buying around 1.2700 plus around 1.2660 if goes there.
Problem are spikes. Even you are right in direction you will suffer some. And maybe are not small then its difficult know when its the right moment for enter
Try don't lose pants never...
  • #472,104
  • Dec 9, 2018 2:47pm Dec 9, 2018 2:47pm
Quoting braintheboss
{quote} Problem are spikes. Even you are right in direction you will suffer some. And maybe are not small then its difficult know when its the right moment for enter
Unless the spikes are not 500 pips then its ok
POSTMASTER
  • #472,105
  • Dec 9, 2018 2:51pm Dec 9, 2018 2:51pm
I will probably know what to do as the market starts moving. At this moment, market is quite sinchronizing for me right now. Lets see how it developès
POSTMASTER
  • #472,106
  • Dec 9, 2018 4:03pm Dec 9, 2018 4:03pm
Are you tracking the GBPUSD this week? Consider this technical perspective.

A triangular pattern can be seen on the daily time frame (magenta). Recent price action is consolidating around the triangle support but the wicks at both ends of the candlesticks indicate that the market is currently ambivalent. The immediate support area that bears will have to breach is around 1.25900 while a medium-term bear target is naturally around the support in the 1.25530 area.

The H4 time frame shows price action rejecting a resistance area with predominantly top-wicky candlesticks and disposing towards the support of the triangle (magenta) seen on the daily time frame. Very much likely, a breakdown of the triangle support is imminent. Nevertheless, as there is a lack of momentum in the market, we may see further sideways of price action, and even some northward retracement, before that happens.

I may be wrong. Trade safe and prosper.

KP

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Do your homework, follow the footprints of smart money
  • #472,107
  • Dec 9, 2018 4:06pm Dec 9, 2018 4:06pm
Could not add. my broker closed. no problem. i have plenty
POSTMASTER
  • #472,108
  • Dec 9, 2018 4:10pm Dec 9, 2018 4:10pm
my broker is not very punctual. finally got at 15
POSTMASTER
  • #472,109
  • Dec 9, 2018 4:41pm Dec 9, 2018 4:41pm
Good night fellows. should not be alot action till tomorrow
POSTMASTER
  • #472,110
  • Dec 9, 2018 4:46pm Dec 9, 2018 4:46pm
Well i must be fair to say this is the fourth gap down means the current downtrend is near to the end. as i know?
but the fact is how much can go deep to find a support lets say the abyssal.
two guys are there say all is well.
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proof attached.
Attached File(s)
File Type: pdf alls well.pdf   18 KB | 326 downloads
If skills could be acquired by watching, every dog would be a butcher. Turk
  • #472,111
  • Dec 9, 2018 4:50pm Dec 9, 2018 4:50pm
Quoting Zircon
Well i must be fair to say this is the fourth gap down means the current downtrend is near to the end. as i know? but the fact is how much can go deep to find a support lets say the abyssal. two guys are there say all is well.{image} proof attached. {image}
i am fair enough.
If skills could be acquired by watching, every dog would be a butcher. Turk
  • #472,112
  • Dec 9, 2018 4:52pm Dec 9, 2018 4:52pm
Quáaa,quác,quaáá : rofl: i saw a sign!!!
There's some lunatic at channel Odyssey, Mars calling!
Bulls, no stop adding, you started near 2900, keep adding, one time 200 pips drop was the limit, now 500 pips are the end of the pocket!
Got'a love it! :crazy:
Ps: now talking serious, 1st short Target 2650, 2nd target 2600, destination 2580. Take care and be wise!
  • #472,113
  • Dec 9, 2018 5:58pm Dec 9, 2018 5:58pm
Quoting xandi
Quáaa,quác,quaáá : rofl: i saw a sign!!! There's some lunatic at channel Odyssey, Mars calling! Bulls, no stop adding, you started near 2900, keep adding, one time 200 pips drop was the limit, now 500 pips are the end of the pocket! Got'a love it! :crazy: Ps: now talking serious, 1st short Target 2650, 2nd target 2600, destination 2580. Take care and be wise!
Good targets in my opinion, sinking deeper into higher TF support.
Come with me if you want to live....
  • #472,114
  • Dec 9, 2018 6:14pm Dec 9, 2018 6:14pm
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Together we can be strongest
Vantage Return This Month: -97.0%
  • #472,115
  • Dec 9, 2018 10:13pm Dec 9, 2018 10:13pm
Quoting razaali
{quote} what is that RGH n LGH indicator?
https://www.forexfactory.com/showthread.php?p=10045264
Intraday only.
  • #472,116
  • Dec 9, 2018 10:33pm Dec 9, 2018 10:33pm
evening and morning friends️
just for a cup of coffee...
  • #472,117
  • Edited 11:38pm Dec 9, 2018 11:23pm | Edited 11:38pm
closed my 1.2715 positions(3k). Waiting to buy around similar price 1.2715 to sell around 1.2810
POSTMASTER
  • #472,118
  • Dec 9, 2018 11:28pm Dec 9, 2018 11:28pm
Lunatic cant stop making money. Too crazy
POSTMASTER
  • #472,119
  • Dec 9, 2018 11:43pm Dec 9, 2018 11:43pm
Quoting Robinhood1
Sorry. Forgot to post my last call Good night {image}
Also closed friday´s GA(another 3K). Waiting to sell again

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POSTMASTER
  • #472,120
  • Dec 9, 2018 11:45pm Dec 9, 2018 11:45pm
Quoting Robinhood1
closed my 1.2715 positions(3k). Waiting to buy around similar price 1.2715 to sell around 1.2810
still waiting my 2845️
just for a cup of coffee...
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