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Cable Update (GBPUSD)

  • #473,081
  • Jan 2, 2019 2:54am Jan 2, 2019 2:54am
Quoting Bones
{image}
Nice chart, bo / pullback respected limit to test another leg down to test yearly previous lows!! Few yrs play down ! Likely to go deep lows previous monthly lows are just nominal levels in this play. Not seeing my chart while on vacation, very big HS may goes to.0.700 ++ or so perhaps while eu go just opposite!! Anyway lets see how much & long euro may pull gbp' s leg up as expecting bull year starting for eurusd with some hiccughs though.
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #473,082
  • Jan 2, 2019 4:25am Jan 2, 2019 4:25am
A weekly close below 2708 would likely open up 2370 area and show the monthly reversal bar to be false
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDWeekly.png Size: 26 KB
Click to Enlarge Name: GBPUSDMonthly.png Size: 21 KB
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  • #473,083
  • Jan 2, 2019 4:32am Jan 2, 2019 4:32am
Quoting Ill-b-back
I'll be very interested to see what happens to the FF retail long/short ratio if and when we start coming back down from this 1.27xx area above. Current ratio is 50/50 My money is on "Longs" increasing their positions. {image}
https://www.forexfactory.com/trades....ions-details=1

and now we have 55% holding long positions



Inserted Video
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  • #473,084
  • Jan 2, 2019 4:37am Jan 2, 2019 4:37am
monthly printed wrong

Quoting Ill-b-back
A weekly close below 2708 would likely open up 2370 area and show the monthly reversal bar to be false {image} {image}
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #473,085
  • Jan 2, 2019 4:38am Jan 2, 2019 4:38am
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2019-01-02 at 10.38.39.png Size: 37 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #473,086
  • Jan 2, 2019 4:41am Jan 2, 2019 4:41am
Quoting Bones
monthly printed wrong {quote}
.
Attached Image
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  • #473,087
  • Jan 2, 2019 4:42am Jan 2, 2019 4:42am
Quoting Bones
{image}
What TF is that?
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  • #473,088
  • Jan 2, 2019 4:43am Jan 2, 2019 4:43am
Quoting Bones
{image}
oh monthly, got it
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  • #473,089
  • Jan 2, 2019 4:45am Jan 2, 2019 4:45am
its what the monthly looks like , its the actual monthly
Nov closed on a Friday is the only reason I can think

Quoting Ill-b-back
{quote} What TF is that?
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #473,090
  • Jan 2, 2019 4:47am Jan 2, 2019 4:47am
here's my trading feed

Attachment g
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2019-01-02 at 10.48.22.png Size: 191 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #473,091
  • Jan 2, 2019 4:48am Jan 2, 2019 4:48am
Quoting Bones
{image}
My monthlies just look a smidge different to yours, but not much..
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDMonthly.png Size: 20 KB
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  • #473,092
  • Jan 2, 2019 4:50am Jan 2, 2019 4:50am
Quoting Bones
here's my trading feed 3147657 {image}
I can never get these attachments people post, to work.

Always says "attachment not found, invalid page" etc etc..
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  • #473,093
  • Jan 2, 2019 4:50am Jan 2, 2019 4:50am
looks more bullish to me ,isnt that a cross after inverted

Quoting Ill-b-back
{quote} My monthlies just look a smidge different to yours, but not much.. {image}
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #473,094
  • Jan 2, 2019 4:51am Jan 2, 2019 4:51am
I would read that different its enough
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #473,095
  • Jan 2, 2019 4:53am Jan 2, 2019 4:53am
pro real time is very good ,I like it and its free if you trade enough real ,its not much I don't think
the earlier the open the better
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #473,096
  • Jan 2, 2019 4:56am Jan 2, 2019 4:56am
Quoting Bones
looks more bullish to me ,isnt that a cross after inverted {quote}
Yes, but I would have thought if it was going to go north, it would usually go after the inverted hammer with the next monthly candle confirming.

Current lower TF PA suggests the cross is failed consolidation?
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  • #473,097
  • Jan 2, 2019 4:57am Jan 2, 2019 4:57am
Quoting Bones
pro real time is very good ,I like it and its free if you trade enough real ,its not much I don't think the earlier the open the better
I doubt I would trade enough volume.
Sounds good though
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  • #473,098
  • Jan 2, 2019 4:57am Jan 2, 2019 4:57am
cross I would worry about view , yea bears control that's consolidation unless it breaks

Quoting Ill-b-back
{quote} Yes, but I would have thought if it was going to go north, it would usually go after the inverted hammer with the next monthly candle confirming. Current lower TF PA suggests the cross is failed consolidation?
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #473,099
  • Jan 2, 2019 5:01am Jan 2, 2019 5:01am
worth the investment I don't know about Aus ,you can go direct PRT , search for other
very good for tl
also, they IG do Guaranteed stops, that cover weekends or whatever


How does the ProRealTime fee and rebate work?
We will debit GBP 30 from your account on the last day of every calendar month while ProRealTime is or has been enabled. If your trading activity is consistent and with fairly high value during the month, we may not charge you for advanced chart access.


Quoting Ill-b-back
{quote} I doubt I would trade enough volume. Sounds good though
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2019-01-02 at 10.59.06.png Size: 81 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #473,100
  • Jan 2, 2019 5:01am Jan 2, 2019 5:01am
Quoting Bones
here's my trading feed 3147657 {image}
Nice spotting that lower ascending TL on monthly TF by the way.
I have the same, even though the PA is uber ugly
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDMonthly.png Size: 20 KB
Attached Image
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