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Cable Update (GBPUSD)

  • #472,921
  • Dec 21, 2018 7:52am Dec 21, 2018 7:52am
Quoting irinsexpert
{quote} Hi bill1985 Im optimist next week will go more to the south cheers {image}
next week holiday ,may not so much move
  • #472,922
  • Dec 21, 2018 8:36am Dec 21, 2018 8:36am
It's going home time soon here . Is somebody going to pull the plug or what . Bottom hit again on that tl
  • #472,923
  • Dec 21, 2018 8:47am Dec 21, 2018 8:47am
This Week look strong.
Side way
1.2600-1.2700 before brexit news
Trade safe.
  • #472,924
  • Dec 21, 2018 9:51am Dec 21, 2018 9:51am
anyone here trade the d1 charts with a fixed stop loss plan to use a set 60 pip stop loss looking for high rr trades
  • #472,925
  • Dec 21, 2018 10:07am Dec 21, 2018 10:07am
Truly Crazy market, i still holding short even after big bounce to 1.27 area. Anyone got any advice ?
  • #472,926
  • Edited 10:42am Dec 21, 2018 10:22am | Edited 10:42am
Price not going anywhere with whatever spikes it make perhaps, staying little upside keeping room downside to minimize great tanking next month if. Stay safe in this scalping heaven ranging.

As I use nzdusd as indicator having minimum ranging before target reach, relatively insensitive with news or so, it may get sopport nearby at 0.6706 but it developed /triple bottom at 0.6723.so nearer good support, so further tanking to at this present support to fall good support and some lows also. So pressure remain down one more leg before some correction try without spikes play. Eu may breaks 1.1374_64,gu 2608_2592.
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #472,927
  • Dec 21, 2018 12:32pm Dec 21, 2018 12:32pm
Missed all the party today!

I was around buying presents!

Well hopefully next week!
  • #472,928
  • Dec 21, 2018 4:24pm Dec 21, 2018 4:24pm
There is bull engulfing on USdx, so I expect continuation of downward move. I believe market picked up the direction. But let’s see how it goes.
  • #472,929
  • Edited 1:57am Dec 22, 2018 1:46am | Edited 1:57am
Quoting vmelnikov
There is bull engulfing on USdx, so I expect continuation of downward move. I believe market picked up the direction. But let’s see how it goes.
OK,no direction, just a last leg up try, do breaks now 3/4 tops to hover some more time only or die/fail break or hold to test tl down and continue crash!! let's see.
Attached Image
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #472,930
  • Dec 22, 2018 3:15am Dec 22, 2018 3:15am
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD-Weekly.png Size: 50 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #472,931
  • Dec 22, 2018 4:54am Dec 22, 2018 4:54am
What are we suppose to gather from this chart? What are the bars in 2019 about? Higher into next year? I have been looking for higher into early 2019 then go down. Is that what your chart is saying also? I’ve been long since the 12475 bottom waiting for a bounce to the 132-136 area
  • #472,932
  • Dec 22, 2018 6:00am Dec 22, 2018 6:00am
Quoting Bones
{image}
Guess what ... still bearish, what a surprise
Fix up, trade sharp ...
  • #472,933
  • Dec 22, 2018 1:33pm Dec 22, 2018 1:33pm
Quoting Michigan
What are we suppose to gather from this chart? What are the bars in 2019 about? Higher into next year? I have been looking for higher into early 2019 then go down. Is that what your chart is saying also? I’ve been long since the 12475 bottom waiting for a bounce to the 132-136 area
Those are 5 week bars, not 2019.
Come with me if you want to live....
  • #472,934
  • Dec 23, 2018 3:09am Dec 23, 2018 3:09am
what you need to do is post the chart that goes with the chat to engage

Quoting Michigan
What are we suppose to gather from this chart? What are the bars in 2019 about? Higher into next year? I have been looking for higher into early 2019 then go down. Is that what your chart is saying also? I’ve been long since the 12475 bottom waiting for a bounce to the 132-136 area
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #472,935
  • Dec 23, 2018 3:51pm Dec 23, 2018 3:51pm
If you are tracking the cable market this week, consider this technical perspective.

The GBPUSD market printed an inside candlestick on the weekly time frame last week at a support zone, indicating a lack of bearish momentum. It is likely that we have sideways of price action, or even a brief pullback, in the area this week, or at least in the early part of the week.

I am bearish GBPUSD for this week.

I may be wrong. Trade safe and prosper.

KP

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD_W1_Dec._23,_2018.png Size: 46 KB
Do your homework, follow the footprints of smart money
  • #472,936
  • Dec 23, 2018 3:58pm Dec 23, 2018 3:58pm
Nobody is there? Don't eat too much panettone, guys!

Cable at 1.2642. Waiting for 1.27 to sell!
  • #472,937
  • Dec 23, 2018 4:20pm Dec 23, 2018 4:20pm
With the gap up, I got a feeling we could see another TL retest around the 2730-40 area
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDDaily.png Size: 26 KB
Come with me if you want to live....
  • #472,938
  • Edited 9:23pm Dec 23, 2018 8:58pm | Edited 9:23pm
Quoting fontu
{quote} OK,no direction, just a last leg up try, do breaks now 3/4 tops to hover some more time only or die/fail break or hold to test tl down and continue crash!! let's see. {image}
Usdx future
Play through srs, last leg up to decide, some how a success to the top again or failure to further down support in making raging top.previous gap if actually not filled and if actually try lst the test top possible otherwise pullback to tl/Sr again. Again another little gap down as market open to try fill shortly perhaps. So eu, gu correct up to test previous bottom and more to test stay if. eu 1404+to 1355/1268 preferred , gu 2675+to 2617/06/2592 (preferred) bottoms. Take care
Attached Image
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #472,939
  • Dec 23, 2018 11:53pm Dec 23, 2018 11:53pm
Inserted Video
  • #472,940
  • Dec 23, 2018 11:55pm Dec 23, 2018 11:55pm
Quoting Ill-b-back
With the gap up, I got a feeling we could see another TL retest around the 2730-40 area {image}
For now, 2680 has capped it. Heading south presently but let's see what happens
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