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Cable Update (GBPUSD)

  • #473,941
  • Jan 23, 2019 8:26am Jan 23, 2019 8:26am
1.307 and 1.31 are likely the targets for today
Don't Worry Be Happy
  • #473,942
  • Jan 23, 2019 8:40am Jan 23, 2019 8:40am
Possible fake break above 1.3050 just to 1.3055-65

Exit your short only if bases above 1.3065
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #473,943
  • Jan 23, 2019 8:45am Jan 23, 2019 8:45am
Quoting MrPresident
1.307 and 1.31 are likely the targets for today
Does it has legs to run another 100 pips? Amazing.
  • #473,944
  • Jan 23, 2019 8:50am Jan 23, 2019 8:50am
Quoting MarinaBanker
{quote} Does it has legs to run another 100 pips? Amazing.
it is already near 1.305 so 1.307/1.31 is not too far away
Don't Worry Be Happy
  • #473,945
  • Jan 23, 2019 8:55am Jan 23, 2019 8:55am
getting in with short1.3055 SL 1.3075 TP OPEN

bit tricyk cuz this bastard is on steroids right now
Early to bed, early to rise, keeps you healthy, wealthy and wise.
  • #473,946
  • Jan 23, 2019 8:58am Jan 23, 2019 8:58am
Quoting eqshack
getting in with short1.3055 SL 1.3075 TP OPEN bit tricyk cuz this bastard is on steroids right now
bad decision in my opinion, stronger resistance is at 1.31
Don't Worry Be Happy
  • #473,947
  • Jan 23, 2019 9:01am Jan 23, 2019 9:01am
It can reach as high as 1.315xx I will be adding shorts after this level...
Markets are Irrational
  • #473,948
  • Jan 23, 2019 9:03am Jan 23, 2019 9:03am
Quoting MrPresident
{quote} bad decision in my opinion, stronger resistance is at 1.31
not doin full blown operation here. Just tryin with small to feel the market..higher we go stronger ill go in xD
Early to bed, early to rise, keeps you healthy, wealthy and wise.
  • #473,949
  • Jan 23, 2019 9:18am Jan 23, 2019 9:18am
TY for the 100pips
≧◠‿◠≦✌
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  • #473,950
  • Jan 23, 2019 9:25am Jan 23, 2019 9:25am
Quoting MrPresident
{quote} bad decision in my opinion, stronger resistance is at 1.31
I'll rather exit my short just enetered 1.3062 if goes as high as 1.31, actually if bases above 1.3065 than waiting 1.31 to short
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #473,951
  • Jan 23, 2019 9:27am Jan 23, 2019 9:27am
Quoting tatianah
TY for the 100pips ≧◠‿◠≦✌ {image}
Your spreads are aweful!! What bad broker is that?!
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #473,952
  • Jan 23, 2019 9:36am Jan 23, 2019 9:36am
Quoting elbert3
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 .
3070 is first target
  • #473,953
  • Jan 23, 2019 9:57am Jan 23, 2019 9:57am
Quoting elbert3
{quote} 3070 is first target
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remember the post . I need to get home to see my pc now
  • #473,954
  • Jan 23, 2019 10:04am Jan 23, 2019 10:04am
Quoting elbert3
{quote} {image} remember the post . I need to get home to see my pc now
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so now we have tl on the wicks . 1 will it retrace and start next month bull and break the trend . Remember I posted that the weekly also hit its bottom tl and we had that good bounce . Longs above I would like to see the next wick taken left of chart 3400 area but let's be carefull looking at that left
  • #473,955
  • Edited 12:25pm Jan 23, 2019 10:17am | Edited 12:25pm
great level it reach ultimately 3071 , ok further up to 3173 though , but looking short at and above,, limit 1.3063 broken to test tl 3050 to confirmation 1st 3013 , to 2941 as 2nd confirmation presently . lets see reactions 3050 +3013/00 .

Usdx future chart , supports arrounds!!
https://www.forexfactory.com/showthr...4#post11918294
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #473,956
  • Jan 23, 2019 10:36am Jan 23, 2019 10:36am
Quoting ChiForex
{quote} I'll rather exit my short just enetered 1.3062 if goes as high as 1.31, actually if bases above 1.3065 than waiting 1.31 to short
Exited my short on +1

Next short for today lays at 1.3120-25, tomorrow another story
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #473,957
  • Jan 23, 2019 12:34pm Jan 23, 2019 12:34pm
Very hard to have 4 consecutive buying days, so I expect bearish movement to 1.2900 between tomorrow (Thursday) 24th January and Friday.
Data + Stat + Risk/Emotions Management
  • #473,958
  • Jan 23, 2019 1:17pm Jan 23, 2019 1:17pm
Quoting Georginson
Very hard to have 4 consecutive buying days, so I expect bearish movement to 1.2900 between tomorrow (Thursday) 24th January and Friday.
Funny how strong the pound is considering all the crap going on right now..
  • #473,959
  • Jan 23, 2019 1:33pm Jan 23, 2019 1:33pm
Quoting Georginson
Very hard to have 4 consecutive buying days, so I expect bearish movement to 1.2900 between tomorrow (Thursday) 24th January and Friday.
Be careful. The probability of the next day being red or green is 50/50 regardless of past. Sure 4 days in a row doesn't happen that often, but the probability of the 4th day being green from the 3rd day is 50/50.
  • #473,960
  • Jan 23, 2019 1:37pm Jan 23, 2019 1:37pm
The pound shouldn’t stop until 1,32 level, only than we can expect a decent pullback, long term target is 1,4+ considering upcoming rates decrease in the USA
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