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Cable Update (GBPUSD)

  • #473,381
  • Jan 9, 2019 2:10am Jan 9, 2019 2:10am
Quoting HaLBot
Hello everyone.... Bought @ 1.2737 with TP @ 1.2777 short term resistance @ 1.2748
Mental sl?
Fix up, trade sharp ...
  • #473,382
  • Jan 9, 2019 2:12am Jan 9, 2019 2:12am
Quoting Hickson
{quote} Mental sl?

LMAO.....ahhhhh shit I'm losing money here GET OUT OF THE TRADE!!!!

sl 1.2720
Don't Leave Money on the Table
  • #473,383
  • Jan 9, 2019 2:16am Jan 9, 2019 2:16am
Quoting HaLBot
{quote} LMAO.....ahhhhh shit I'm losing money here GET OUT OF THE TRADE!!!! sl 1.2720
lol ... not sure what pound is up too ... looks choppy again ...
Fix up, trade sharp ...
  • #473,384
  • Jan 9, 2019 2:18am Jan 9, 2019 2:18am
Quoting Hickson
{quote} lol ... not sure what pound is up too ... looks choppy again ...
Yep I agree....
Don't Leave Money on the Table
  • #473,385
  • Jan 9, 2019 2:19am Jan 9, 2019 2:19am
Quoting HaLBot
{quote} Yep I agree....
Look at all the gaps on m1 ... liquidity is still not back to normal. Next week should be better.
Fix up, trade sharp ...
  • #473,386
  • Jan 9, 2019 2:25am Jan 9, 2019 2:25am
Quoting Hickson
{quote} Look at all the gaps on m1 ... liquidity is still not back to normal. Next week should be better.
Yeah I had a rough time last week when I should have brought home the bacon....so looking forward to next week.

Here's my thinking; DXY heading south, risk on day, equities heading north and euro well supported by MAs says were heading higher.....see how it goes
Don't Leave Money on the Table
  • #473,387
  • Jan 9, 2019 2:26am Jan 9, 2019 2:26am
Quoting HaLBot
{quote} Yeah I had a rough time last week when I should have brought home the bacon....so looking forward to next week. Here's my thinking; DXY heading south, risk on day, equities heading north and euro well supported by MAs says were heading higher.....see how it goes
Me too ... escaped slightly green. But how stressful ... like three losses in a row and then having one, two good trades again to repair it. Here is what I mean on M1: This is certainly not normal during London:
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 15 KB
Fix up, trade sharp ...
  • #473,388
  • Jan 9, 2019 2:29am Jan 9, 2019 2:29am
Quoting Hickson
{quote} Me too ... escaped slightly green. But how stressful ... like three losses in a row and then having one, two good trades again to repair it. Here is what I mean on M1: This is certainly not normal during London: {image}
It's a high volume session for sure....
Don't Leave Money on the Table
  • #473,389
  • Jan 9, 2019 2:37am Jan 9, 2019 2:37am
Quoting HaLBot
{quote} It's a high volume session for sure....
Correct, high number of turnover. Looks like you got something on your long now ... still side lined, to be honest I have a guess at best at these markets atm ... maybe NY becomes less foggy ...
Fix up, trade sharp ...
  • #473,390
  • Jan 9, 2019 2:44am Jan 9, 2019 2:44am
Quoting Hickson
{quote} Correct, high number of turnover. Looks like you got something on your long now ... still side lined, to be honest I have a guess at best at these markets atm ... maybe NY becomes less foggy ...
Love the NY session but for me it's middle of the night.....Pound being bought across the board atm
Don't Leave Money on the Table
  • #473,391
  • Jan 9, 2019 2:51am Jan 9, 2019 2:51am
Quoting cat
{quote} I never went on and on, he did. I welcome different points of view, and I never put mine across in any other way that it is only my point of view, but Bones not only stated categorically that he was right, but also that I was wrong and that I did not know what I was talking about, entirely unprovoked. That is why I called him out. If there is one human trait I dislike above any other, it is arrogance, and there is plenty of it on ff.
I was talking to Bones while sticking up for you, not misrepresenting you at all, but using your quotes as a reference.
Personally, I don't see why a 4hr spike down to 2418 with a close at 2545 can't be classified as a "hold" of the 25 level.
And I think if the shoe was on the other foot, a similar call at a stated price level would be argued as a hold for sure
Come with me if you want to live....
  • #473,392
  • Jan 9, 2019 2:58am Jan 9, 2019 2:58am
Quoting HaLBot
{quote} Love the NY session but for me it's middle of the night.
Yes, it sucks
Come with me if you want to live....
  • #473,393
  • Jan 9, 2019 3:04am Jan 9, 2019 3:04am
Quoting Ill-b-back
{quote} Yes, it sucks
LOL......2 nights ago I reakon I almost gave myself a brain aneurysm trying to stay awake
Don't Leave Money on the Table
  • #473,394
  • Jan 9, 2019 3:14am Jan 9, 2019 3:14am
Quoting cat
{quote} I never went on and on, he did. I welcome different points of view, and I never put mine across in any other way that it is only my point of view, but Bones not only stated categorically that he was right, but also that I was wrong and that I did not know what I was talking about, entirely unprovoked. That is why I called him out. If there is one human trait I dislike above any other, it is arrogance, and there is plenty of it on ff.
so arrogant pA also , anyway watching 1.2746 instead to wait when be modest again.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 39 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #473,395
  • Jan 9, 2019 3:17am Jan 9, 2019 3:17am
Quoting fontu
{quote} so arrogant pA also , anyway watching 1.2746 instead to wait when be modest again. {image}
Arrogant PA ... never heard that lol ... but it is pretty indecisive on the whole, yes.
Fix up, trade sharp ...
  • #473,396
  • Jan 9, 2019 3:22am Jan 9, 2019 3:22am
Quoting Ill-b-back
{quote} I was talking to Bones while sticking up for you, not misrepresenting you at all, but using your quotes as a reference. Personally, I don't see why a 4hr spike down to 2418 with a close at 2545 can't be classified as a "hold" of the 25 level. And I think if the shoe was on the other foot, a similar call at a stated price level would be argued as a hold for sure
I know, and I appreciate it, but I like anything I say here to be represented properly when people quote me of refer to me, that's all, as the odd small word can make all the difference.

I claimed nothing beyond a friendly little post on Dec 10th drawing people's attention for those who may be interested to what I believed could be a very important support level for GU. The 4 hour spike down took the price to 435 on my charts but significantly closed above it, and has since rallied pretty strongly. The jury though is still out as to whether that is the lowest cable will go this year.
  • #473,397
  • Jan 9, 2019 3:36am Jan 9, 2019 3:36am
Quoting HaLBot
{quote} LOL......2 nights ago I reakon I almost gave myself a brain aneurysm trying to stay awake
I really can't, with a 7yr, 4yr and 7month old, (all girls), I need all my mental energy
Plus go to gym most mornings.

Come with me if you want to live....
  • #473,398
  • Jan 9, 2019 3:39am Jan 9, 2019 3:39am
Quoting cat
{quote} Cat is never foolish enough to use certainties with regard to the market, so please don't misrepresent me. This is what I said - " thought I'd share what could be a major potential support level for GU at 12,500" " I see 2019 as being good for sterling and bad for the dollar, with an upper level of between 1.340 to 1.370 " With particular emphasis on ' could be ' and ' I see '.
2019 dollar Pound
2020 dollar Pound not bad
2020 euro
POSTMASTER
  • #473,399
  • Jan 9, 2019 3:41am Jan 9, 2019 3:41am
Quoting fontu
{quote} so arrogant pA also , anyway watching 1.2746 instead to wait when be modest again. {image}
I've got resistance from around 790 -800, with the support around the 30 min 200ema which held yesterday. Overall, I have very solid support now for cable, so once it can crack 800, then the next major potential R level for me is the Daily 100sma @ 12,888, but actually it's looking good for the Daily 200ema/sma combined which currently sit smack on top of 13,000.

That said, there is one factor that can blow everything we are seeing and saying out of the window in a flash, and you know what that is. Looking at sterling technically on the charts, it's looking like it should continue to rise, so what that means for the upcoming Brexit vote, I dare not say.
  • #473,400
  • Jan 9, 2019 3:42am Jan 9, 2019 3:42am
Quoting HaLBot
{quote} LOL......2 nights ago I reakon I almost gave myself a brain aneurysm trying to stay awake
Last night, I stayed awake hoping Trump would cause a major impact on the GU....but not a single damn currency cared what happend and I had to wake up 2hours after that again! :/
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