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Cable Update (GBPUSD)

  • #473,801
  • Jan 19, 2019 6:27am Jan 19, 2019 6:27am
open very important as usual early on ill make my mind up
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #473,802
  • Jan 19, 2019 6:30am Jan 19, 2019 6:30am
if the Monday opens bear and ends bear you see confirmation and a real weekly bull problem
you see confirmation
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #473,803
  • Jan 19, 2019 6:35am Jan 19, 2019 6:35am
the short upper line shows divergence

Quoting Bones
weekly body color is a potential trick {image}
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #473,804
  • Jan 19, 2019 11:04am Jan 19, 2019 11:04am
Quoting Bones
the short upper line shows divergence {quote}
Appreciate the great feedback. Looking at your charts I see it is not an outside bar. In this case you think the better play is to wait for confirmation from the next candle and see what happens at the open? Not taking a trade on this just learning. Why is the weekly color a trick?
  • #473,805
  • Jan 19, 2019 11:19am Jan 19, 2019 11:19am
Quoting Bones
when we talk reliability this is 2 candle on D1 with confluence but it's not outside candle
Can you break this down a little more. You mean 2 candle touches? Where do you see the confluence from? Again thanks for being so helpful.
  • #473,806
  • Edited 1:33pm Jan 19, 2019 1:18pm | Edited 1:33pm
Not bad if play open like this, gap up to down continue.test 2800 and tanking continue to bottom! Real not just a shadow correcttion to up try!
Attached Images
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #473,807
  • Jan 19, 2019 3:05pm Jan 19, 2019 3:05pm
.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDWeekly.png Size: 23 KB
Come with me if you want to live....
  • #473,808
  • Jan 19, 2019 4:17pm Jan 19, 2019 4:17pm
Quoting Ill-b-back
. {image}
However, in the larger scale of things if it does rally (on rumour), I would expect it to be just a correction.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDWeekly.png Size: 28 KB
Come with me if you want to live....
  • #473,809
  • Jan 19, 2019 5:20pm Jan 19, 2019 5:20pm
I expect price in the worst case to continue down a few more pips. Profit will be around 300 pips(close to 13200 for me). Good deal.
POSTMASTER
  • #473,810
  • Jan 19, 2019 5:31pm Jan 19, 2019 5:31pm
Quoting Bones
the short upper line shows divergence {quote}
May we know which is your actual position on this pair?
POSTMASTER
  • #473,811
  • Edited Jan 20, 2019 12:01am Jan 19, 2019 10:10pm | Edited Jan 20, 2019 12:01am
Quoting Ill-b-back
{quote} However, in the larger scale of things if it does rally (on rumour), I would expect it to be just a correction. {image}
Think so if can bottom here first breaks 1.3070/3330 minimum to tank to Bottom or more. So after great pullback, there may not be another pullback /correction of the previous last leg down before bottom. Let's see.

bottom play again and again likely even new lows to correct better . may set limit 3071/3173 for now and much higher next time when they all set to go at least some range with eu , 2/3 months after perhaps !!
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDDaily.png Size: 40 KB
Click to Enlarge Name: GBPUSDWeekly.png Size: 41 KB
Attached Image
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #473,812
  • Jan 20, 2019 3:02am Jan 20, 2019 3:02am
usdx future , weekly bull to pull back or push back ok.
Attached Image
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #473,813
  • Jan 20, 2019 3:07am Jan 20, 2019 3:07am
it is looking bearish for now. Price below the MA.
(¬‿¬)
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  • #473,814
  • Jan 20, 2019 4:17am Jan 20, 2019 4:17am
im short 1.3 as close as poss but still carry a loss from other shorts

Quoting Robinhood1
{quote} May we know which is your actual position on this pair?
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #473,815
  • Jan 20, 2019 4:23am Jan 20, 2019 4:23am
I posted I don't think it can break top and bottom of a monthly that looks like that , unfortunately even week close is above the other monthly right now
if the monthly prints long then I'm looking long
the daily is in my favor right now but it can go back, also the weekly I just said is long-legged doji but confidence is not super high till open Monday
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #473,816
  • Jan 20, 2019 4:28am Jan 20, 2019 4:28am
just checked
my average open is 12974
but the biggest trade is 1.2989
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  • #473,817
  • Jan 20, 2019 4:33am Jan 20, 2019 4:33am
this chart is potentially wide open with that move up and could move some distance ,monthly draws near and from what I can see there's a real problem for May
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  • #473,818
  • Jan 20, 2019 4:36am Jan 20, 2019 4:36am
Quoting Bones
this chart is potentially wide open with that move up and could move some distance ,monthly draws near and from what I can see there's a real problem for May
The market basically bought bad news last week lol ...
Fix up, trade sharp ...
  • #473,819
  • Jan 20, 2019 4:52am Jan 20, 2019 4:52am
Quoting Robinhood1
{quote} May we know which is your actual position on this pair?
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2019-01-20 at 10.50.39.png Size: 167 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #473,820
  • Jan 20, 2019 4:59am Jan 20, 2019 4:59am
getting below that Monthly high is very important to me ,ideally the next one is also bear
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