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Cable Update (GBPUSD)

  • #473,701
  • Jan 17, 2019 12:43pm Jan 17, 2019 12:43pm
Quoting Robinhood1
{quote} below 2820
Very optimistic dude. And you must set a timeline
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #473,702
  • Jan 17, 2019 1:08pm Jan 17, 2019 1:08pm
Quoting David3333
Closed + 17 pips, but I think GBP can up to 1.3028, for this moment better is waiting. Important level 1.2931 and later try to buy with a small SL and TP up to 1.3028. {image}
Good trade and + 60 pips
  • #473,703
  • Jan 17, 2019 2:20pm Jan 17, 2019 2:20pm
Be careful guys, if cable finds it hard to base below 1.2978, we might test around 1.3050 sooner than expected while under 1.2978 we're going all the way to test just above 1.2930, followed by 1.2890 if possible

You know where to set your TP and SL now
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #473,704
  • Jan 17, 2019 2:47pm Jan 17, 2019 2:47pm
Quoting chess king
GU in 1.2884. I want 1.248x. stop 1.2950 {image}
stopout - 6x pips
  • #473,705
  • Jan 17, 2019 2:52pm Jan 17, 2019 2:52pm
Cable looking downward to above 1.2930 from here as EU heading to 1.1350 if not 1.1320 also, still keep an eye on a base below 1.2978 if you didn't sell yet or hold on TP if you're in bears side already
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #473,706
  • Jan 17, 2019 3:32pm Jan 17, 2019 3:32pm
If you want to know where GBP is heading you need to see where the big institutional traders took the price as they were all sitting in their city offices in London at 7pm on the night of the meaningful vote. The price rose over 200 pips after the selloff. How many billions that that take. ALOT OF BILLIONS. Since then the movements were small. Lots of retail action in the small timeframes. Until we see a big selloff which only the Institutions can initialize the price will keep rising.
Forget your trendlines MACD MA crossovers or horizontal support and resistance and all the rest 2000+ indicators available. All you have to know is the huge multi billion trades that create Humongous candle ranges
  • #473,707
  • Edited 10:24pm Jan 17, 2019 9:57pm | Edited 10:24pm
Got life as above and hold 2900 ok but bull one more leg above limit 2963 last 2922.next target with intact limits goes to 3031/73 while 3020-3170 sell zone. . Anyway it may go high to tank huge next not like thus crazy last leg up without good correction down.
Usdx bull/ pull back to great tl intact but correction not over yet, test other tl or any breakout if to start.

Will wait good tanking at next top.both can, t go bull at the same time!!
Take care,
Attached Images
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #473,708
  • Jan 17, 2019 10:04pm Jan 17, 2019 10:04pm
Quoting Not-KPMG
{quote} Long first.... Pretty sure...

Spikes 1.29-30, 1.24-26 then up....then down.... {quote}

Powell and Trumpy May see 1.30 this week even
So it's so easy when one can read the liars activities. I mean politics.
1.30 now up more..... Maybe?
Beware of robber banks (RB), bad advisors.
  • #473,709
  • Jan 17, 2019 10:18pm Jan 17, 2019 10:18pm
Cable will going downward ... my target at 1.2955 till closing market at tonight ...

Attached Image (click to enlarge)
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  • #473,710
  • Jan 17, 2019 10:25pm Jan 17, 2019 10:25pm
12925 if can reach here, possible going to 128819 let see what FA can move market today
  • #473,711
  • Jan 17, 2019 10:32pm Jan 17, 2019 10:32pm
Holding buy i see the news coming hope it work
  • #473,712
  • Jan 17, 2019 10:52pm Jan 17, 2019 10:52pm
Quoting ChiForex
{quote} Very optimistic dude. And you must set a timeline
Timeline. When you cash in
POSTMASTER
  • #473,713
  • Jan 17, 2019 11:26pm Jan 17, 2019 11:26pm
Looks like a daily support area to me.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDDaily.png Size: 27 KB
Come with me if you want to live....
  • #473,714
  • Jan 17, 2019 11:26pm Jan 17, 2019 11:26pm
Quoting dweb
GU Outlook {image} {image}
GU H4
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDmicroH4180120192.png Size: 39 KB
We err, and err, and err again, but less.
  • #473,715
  • Edited 11:58pm Jan 17, 2019 11:33pm | Edited 11:58pm
Quoting Mayly-May
Holding buy i see the news coming hope it work
Yeah still ok to go further with May's strong stance, very optimistic having probable much better burgaining options upholding people's referendum even at the risk of Hard brexit rallied gbp yesterday and continues for the timebeing.while counterparts,corbyn in odd position presently and eurozone in fresh recession fear!! So common counterpart currency USD should logically crash ultimatly, not in sight, so US recession may be delayed, bull resume likely then!!tank both eu and gu in different times but ultimately!

I see gu breaks one limit 2963,so next limit down for up is 2922,optimal level bull 2932-.
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #473,716
  • Jan 17, 2019 11:37pm Jan 17, 2019 11:37pm
nice move credit to lizam
  • #473,717
  • Jan 18, 2019 12:00am Jan 18, 2019 12:00am
Day chart long just stopped at 200ema . So looking to news and hope for a bounce somewhere at 2930 area or be able to take out that 200 ema and carry on to 3450 . 279 looks to be the stronger support area so we note that so in a short scalping position at this time .
  • #473,718
  • Jan 18, 2019 12:41am Jan 18, 2019 12:41am
price is uptrend, but now pulling back on the EMA's

≧◉◡◉≦
Attached Image (click to enlarge)
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  • #473,719
  • Jan 18, 2019 12:43am Jan 18, 2019 12:43am
Quoting cablefx
12925 if can reach here, possible going to 128819 let see what FA can move market today
With bad retail sales , it could go even deeper
  • #473,720
  • Jan 18, 2019 1:01am Jan 18, 2019 1:01am
There's an entire NY session to get thru but can I imagine a lot of traders don't want to holding positions over the weekend, who knows what some pollie might say that'll send cable on a wild ride monday opening

Bulls are fighting hard thou atm to keep price from falling imho

I'd like it below 1.2900 to make some nice profit....
Don't Leave Money on the Table
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