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Cable Update (GBPUSD)

  • #474,041
  • Jan 24, 2019 10:20am Jan 24, 2019 10:20am
It is better to close small positions after a few pips, now + 15 pips. Few positions per day and you have good profit.

Attachment g
  • #474,042
  • Jan 24, 2019 10:20am Jan 24, 2019 10:20am
It is better to close small positions after a few pips, now + 15 pips. Few positions per day and you have good profit.

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  • #474,043
  • Jan 24, 2019 10:31am Jan 24, 2019 10:31am
gbpusd still uptrend. the price always keep above 23% fibo. look at weekly and monthly timeframe.
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  • #474,044
  • Jan 24, 2019 11:17am Jan 24, 2019 11:17am
Quoting elbert3
{image} retrace
Keeping an eye on it I would like to see 2950 area then switch into buys as long as it does not fall back below that and if so long to 3175.. note 2940 and 2014 supports also I would say .
  • #474,045
  • Jan 24, 2019 11:19am Jan 24, 2019 11:19am
Cable has been holding up relatively well compared to AU and EU...guess there are still some buyers for GBP..
  • #474,046
  • Jan 24, 2019 11:35am Jan 24, 2019 11:35am
Man, that EURGBP wants to go to last year January's monthly low at 8620s .. maybe not a bad idea for a buy
  • #474,047
  • Jan 24, 2019 11:55am Jan 24, 2019 11:55am
Quoting elbert3
{quote} Keeping an eye on it I would like to see 2950 area then switch into buys as long as it does not fall back below that and if so long to 3175.. note 2940 and 2014 supports also I would say .
Hello elbert..I was hoping to buy at 1.2975 but 1.2950 would be spectacular..
If you were to take an educated guess would you think we get there before US session close or tomorrows6London close?
  • #474,048
  • Jan 24, 2019 12:23pm Jan 24, 2019 12:23pm
Quoting petehnm
{quote} Hello elbert..I was hoping to buy at 1.2975 but 1.2950 would be spectacular.. If you were to take an educated guess would you think we get there before US session close or tomorrows6London close?
The way EURGBP keeps dropping and making new lows, I think not, at least today. This crap is heading towards 8620s ..
  • #474,049
  • Edited 1:02pm Jan 24, 2019 12:42pm | Edited 1:02pm
Quoting fontu
The same , short test started yesterday , limits 1.3000 / 2974 to try further up if , have good sr overhead though .starts with bo 3065, signal 3040 , confirmation 3013 targets above 3000/2974 limits . It may try further up like 3174 ok but once for all to die level 3471+ to 3700 may not reach so direct !! and if loss control 1.3000 handle then likely tank to bottom or more before back again!! the might weekly candle can retrace towards 2889!!below 2900 handle {image} {image}
Still wait it tank!break 1.3000/2974 /2909 and confirmation 2827.may be black Friday coming soon! Take care.
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #474,050
  • Jan 24, 2019 1:00pm Jan 24, 2019 1:00pm
Quoting petehnm
{quote} Hello elbert..I was hoping to buy at 1.2975 but 1.2950 would be spectacular.. If you were to take an educated guess would you think we get there before US session close or tomorrows6London close?
Hi if I knew that I would be a millionaire. I try not to guess I play it very much as I see it moving , together with the emas tl and so on . As you must have your own guides as you have been here a long time ..are you a full time trader may I ask ? At this time on your 5 min chart you see it trending short . But it bounced 3017 area so question is that today's support? If it's heading back to 3045 that's about the tl hit .. but if you see now at 3045 area it might stop and then go back down it would be magical if I said 2200 hours tonight uk time it hits 2950 lol but do we believe in magic ? For scalping or hedge here is about a good time or place to put on a trade either way depending how one sees it !! Well that's my mind set I hope it is if so help . Regards E
  • #474,051
  • Jan 24, 2019 1:30pm Jan 24, 2019 1:30pm
We wont see any good short move untill that crap EURGBP reaches bottom and starts going up. Perhaps the 8620s, or even lower.
  • #474,052
  • Jan 24, 2019 1:39pm Jan 24, 2019 1:39pm
Quoting elbert3
{quote} Hi if I knew that I would be a millionaire. I try not to guess I play it very much as I see it moving , together with the emas tl and so on . As you must have your own guides as you have been here a long time ..are you a full time trader may I ask ? At this time on your 5 min chart you see it trending short . But it bounced 3017 area so question is that today's support? If it's heading back to 3045 that's about the tl hit .. but if you see now at 3045 area it might stop and then go back down it would be magical if I said 2200 hours tonight...
So true..wish I had that crystal ball..lol..looks like they're having fun with this pair..up down up an so on..all this movement and nothing really drastic in the news..if there was ever6an example of market manipulation this would be it..lol
  • #474,053
  • Jan 24, 2019 2:01pm Jan 24, 2019 2:01pm
Quoting thatguy22
{quote} We are not flipping a coin here
actually... you are:

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The only reason red is more likely in this sample is because the time series is higher than where it began after the 41,000 candles.
  • #474,054
  • Jan 24, 2019 2:09pm Jan 24, 2019 2:09pm
anyone shorting this ridiculous pair, I got out of my last one. very tempting....lol
  • #474,055
  • Jan 24, 2019 2:13pm Jan 24, 2019 2:13pm
Quoting petehnm
anyone shorting this ridiculous pair, I got out of my last one. very tempting....lol
I been holding short from 3060s for hours and I m getting fed up! About to hit my stop with break even and I m leaving this shitty pair. EUR/GBP is at monthly support so I might try a buy there.
  • #474,056
  • Jan 24, 2019 2:34pm Jan 24, 2019 2:34pm
Quoting kazachokings
{quote} I been holding short from 3060s for hours and I m getting fed up! About to hit my stop with break even and I m leaving this shitty pair. EUR/GBP is at monthly support so I might try a buy there.
well, I did it I took a short on this pair but gonna keep a real tight stop on it.
  • #474,057
  • Jan 24, 2019 2:37pm Jan 24, 2019 2:37pm
Quoting petehnm
{quote} well, I did it I took a short on this pair but gonna keep a real tight stop on it.
Pair is crazy, wish u luck, I m still in the short, but it looks like I am about to get stop;ed out. Leaving it for today , still thinking of buy for the EURGBP, it pulled back up a lil bit but still not bad spot
  • #474,058
  • Jan 24, 2019 2:43pm Jan 24, 2019 2:43pm
Quoting kazachokings
{quote} Pair is crazy, wish u luck, I m still in the short, but it looks like I am about to get stop;ed out. Leaving it for today , still thinking of buy for the EURGBP, it pulled back up a lil bit but still not bad spot

good luck to you as well my friend...at this point even with all the bells and whistles on my charts it seems to be a market makers move more so than usual.
  • #474,059
  • Jan 24, 2019 2:56pm Jan 24, 2019 2:56pm
Quoting petehnm
{quote} good luck to you as well my friend...at this point even with all the bells and whistles on my charts it seems to be a market makers move more so than usual.
Tks man. Though I doubt we gonna see 310s again in the remaining hour of US session. Doubt we gonna see it in the next too, maybe tomorrow but we ll see.
  • #474,060
  • Edited 3:11pm Jan 24, 2019 3:01pm | Edited 3:11pm
But then again, it might close the 4 h candle below the trendline and we still good EURGBP finaly failed to make a new low on the 5 min so
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