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Cable Update (GBPUSD)

  • #474,561
  • Edited 5:00am Feb 5, 2019 4:46am | Edited 5:00am
Ok exact 3012 d bottom but as it tried best hold above, should have been exhausted enough, ok may try 3029 but may not 3049 so soon. Same like eurusd.
1.3000 main level of interest but 1.2971 may react next as tp1 also now.
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #474,562
  • Feb 5, 2019 5:12am Feb 5, 2019 5:12am
Quoting fontu
Ok exact 3012 d bottom but as it tried best hold above, should have been exhausted enough, ok may try 3029 but may not 3049 so soon. Same like eurusd. 1.3000 main level of interest but 1.2971 may react next as tp1 also now.
I think so , too
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yes yes yes
  • #474,563
  • Feb 5, 2019 6:04am Feb 5, 2019 6:04am
GU said, hold long
Yoobbie
  • #474,564
  • Feb 5, 2019 7:04am Feb 5, 2019 7:04am
considering to try small long below 2700 later

Quoting iqyu5an
Set to 2700 ? $cable
not euphoria follower
  • #474,565
  • Feb 5, 2019 8:04am Feb 5, 2019 8:04am
Quoting HaLBot
I'd hate to be a stick in the mud at the Bear party but if it was heading south would've thought we'd be below 1.3000 by now, me thinks prop traders are still eyeing a big payday north if brexit goes through What else could be keeping cable bouyant when were starting to hear talk of companies pulling out of Britain because the pollies aren't getting their act together on brexit? However MAs to 15min 30min 1hr charts and 20/50 on 4hr chart are all above price so looks like we have bearish moves ahead. Daily chart the price is sitting right at the...
Know The Presence Of The Market
  • #474,566
  • Feb 5, 2019 8:07am Feb 5, 2019 8:07am
Quoting Robinhood1
{quote} just added another small lot long
Added long a bigger lot
POSTMASTER
  • #474,567
  • Feb 5, 2019 8:09am Feb 5, 2019 8:09am
Quoting Robinhood1
{quote} Added long a bigger lot
till die
POSTMASTER
  • #474,568
  • Feb 5, 2019 8:10am Feb 5, 2019 8:10am
Quoting Robinhood1
{quote} Added long a bigger lot
The cable has become more fun
Yoobbie
  • #474,569
  • Feb 5, 2019 8:34am Feb 5, 2019 8:34am
Quoting elbert3
On your 4 hour make your chart small draw a line up from 12 Dec to 31dec price is 2825 this gives me an upper tl and 2970 area is a number to watch and you will see that on your tl That's it I am off . Have a good weekend
Close same plan I think thou
  • #474,570
  • Feb 5, 2019 8:36am Feb 5, 2019 8:36am
Yes they do not care they are happy,stocks is bullish hardly the interest still brings reward , the worry start at 1.24??
If skills could be acquired by watching, every dog would be a butcher. Turk
  • #474,571
  • Feb 5, 2019 8:59am Feb 5, 2019 8:59am
sold, stop above 1.30

target 1.29
Don't Worry Be Happy
  • #474,572
  • Feb 5, 2019 9:01am Feb 5, 2019 9:01am
Quoting Zircon
Yes they do not care they are happy,stocks is bullish hardly the interest still brings reward , the worry start at 1.24??
dont think we will reach 124, maybe just below 126 but first we must visit around mr. 13200 again
POSTMASTER
  • #474,573
  • Feb 5, 2019 9:05am Feb 5, 2019 9:05am
Quoting Robinhood1
{quote} dont think we will reach 124, maybe just below 126 but first we must visit around mr. 13200 again
a hard brexit will probably lead to 1.20

the other option is the article 50 extension, which might result in a relief rally but that is not likely since the EU may reject that proposal
Don't Worry Be Happy
  • #474,574
  • Feb 5, 2019 9:07am Feb 5, 2019 9:07am
nice play today , may be near day end action going , take care
Attached Image (click to enlarge)
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #474,575
  • Feb 5, 2019 9:11am Feb 5, 2019 9:11am
Its time to wake up the bull
Yoobbie
  • #474,576
  • Feb 5, 2019 9:43am Feb 5, 2019 9:43am
Quoting Robinhood1
{quote} dont think we will reach 124, maybe just below 126 but first we must visit around mr. 13200 again
what ever R , different minds different eyes.
what i know is that yearly hammer spike must be covered first and that was 1.24 low.
down or up , later i do not know.

Chinese people's teaches the world now how the trade can be.
Economists and leaders reacts..
If skills could be acquired by watching, every dog would be a butcher. Turk
  • #474,577
  • Feb 5, 2019 10:26am Feb 5, 2019 10:26am
Quoting elbert3
On the monthly as of now we had a crossover 10/20 ema which took place at 3500 the 20 end sits at 3200 at this time but is flattening out and we have resistance just below . So 1 we know big boys like to play 20 emas so watch that number and keep it in mind . Never get complacent in the game .... 2 it breaks that and if we find it supporting again we look for a reverse cross on that month . 3450 would be a target and I have upper tl and that number could be 3700 . Total wipe out number is 2360 . You might say I have show a lot of number long and...
You see the big boys played that 20 ema after all . And so did I . If you see it play it . I think price is retracing the past monthly candle that's where I get some numbers from on the fibs . So again note that
  • #474,578
  • Feb 5, 2019 10:46am Feb 5, 2019 10:46am
Quoting ChiForex
Cable looking to violate 1.30 to test 1.2980 before a bounce up, if bases below 1.2980, we're heading to 1.2940s. Upside targets are 1.3060s and 1.3090s.
Exited my short at 1.2940 and entered a long at 1.2930, TP1 1.2980 then it becomes trailing stop if price advances more as the low so far might be a medium term low so we have much space for the upside. On downside only break/base below 1.2905-10 will terminate this view and trigger SL. Enjoy..
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #474,579
  • Feb 5, 2019 11:42am Feb 5, 2019 11:42am
Quoting ChiForex
Cable looking to violate 1.30 to test 1.2980 before a bounce up, if bases below 1.2980, we're heading to 1.2940s. Upside targets are 1.3060s and 1.3090s.
Good call to the downside! Who else bagged pips today?
  • #474,580
  • Edited Feb 6, 2019 12:42am Feb 5, 2019 11:56am | Edited Feb 6, 2019 12:42am
Anyway perfect tanking as just start, over 100pips in gu and best performed gj at some intermediate sr and likely continue next day, gu target goes 1.2874/30, 2880 to care while in gj 140.30/10, 140. 69 intermediate sr to care. Eurgbp to test 0.8880.so weakness of gbp continues.

chart time
do it or die for now , enough played at top ! gbp situation throughout the bundle !
usdx continue to bull till registances intermediate 96 handle to catch for next good to react 96.31.
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Not understand?better not follow my analyses!doubt clearer first, risks ++
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