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Cable Update (GBPUSD)

  • #474,641
  • Feb 7, 2019 9:55am Feb 7, 2019 9:55am
POSTMASTER
  • #474,642
  • Feb 7, 2019 12:39pm Feb 7, 2019 12:39pm
Attached Image (click to enlarge)
Click to Enlarge Name: IMG_4586.PNG Size: 150 KB
target 2 was hit and we had a long on that number as in the other post I was looking at price retracing the last months candle . But it was in the middle is 50 and 61% fib I also had buys at the 61% at 2820 which I would of found a better understanding of my plan ... looking to bounce now to add at 2945 to 3050 area but scalp into a hedge at that 2945 area also
  • #474,643
  • Feb 7, 2019 12:41pm Feb 7, 2019 12:41pm
Quoting elbert3
{image} target 2 was hit and we had a long on that number as in the other post I was looking at price retracing the last months candle . But it was in the middle is 50 and 61% fib I also had buys at the 61% at 2820 which I would of found a better understanding of my plan ... looking to bounce now to add at 2945 to 3050 area but scalp into a hedge at that 2945 area also
3120 area could open to 3400
  • #474,644
  • Feb 7, 2019 12:42pm Feb 7, 2019 12:42pm
Quoting copi88
{quote} The market knows that Carney is bearish Brexit. There have also been quite a few negative economic releases before the meeting so he cannot be Hawkish. So the market sells off before the meeting, as its expected and they price the news in. When the news comes out the institutions use that volume to get off their sells. You need to understand that when institutions buy or sell they do so in very large volumes and the problem for them is that they need to get off their trade. If its a BUY trade they need to find BUYERS at high prices. This...
Very comprehensive and informative post.
  • #474,645
  • Feb 7, 2019 12:45pm Feb 7, 2019 12:45pm
Quoting Dr.Zain
{quote} Very comprehensive and informative post.
Hi Dr hope your well some interesting treasury news . Could of been responsible for the rise today ?? Regards B https://www.treasurydirect.gov/insti...20190207_3.pdf
  • #474,646
  • Feb 7, 2019 1:23pm Feb 7, 2019 1:23pm
Quoting Ill-b-back
{quote} Nice weekly close below candle reaction zone. Next area 100+ pips below the way I see it {image}
I feel we need to close this week above 2961 to show bullish continuation
Come with me if you want to live....
  • #474,647
  • Feb 7, 2019 3:20pm Feb 7, 2019 3:20pm
Quoting Ill-b-back
{quote} I'm out of all shorts now, but I see this bear party could develop into a real Bender, and take Cable deep into the 28's {image} {image}
Beware of the cranky bear.
I'm not sure the party is quite over...
Come with me if you want to live....
  • #474,648
  • Edited 9:42pm Feb 7, 2019 9:31pm | Edited 9:42pm
Quoting Ill-b-back
{quote} Beware of the cranky bear. I'm not sure the party is quite over...
Sure, usdx bull very intact and strong, next stopage 96.60 to release some more thread if already not done more before.
Attached Images
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #474,649
  • Feb 8, 2019 12:35am Feb 8, 2019 12:35am
critical level :
12978
12942
12933
12923
12918

so which way ? north or south ?
  • #474,650
  • Feb 8, 2019 2:22am Feb 8, 2019 2:22am
This thing is simply to messy these days - direction too unclear, huge spikes left and right, trading other pairs right now, no need for GBPUSD until Brexit I´d say :-)

Look at USDTHB for example, just hit a 1 year bottom, should fly up from here, already made 4000 pips on it :-) More than enough other predictable pairs to trade beside the current GBPUSD mess.
  • #474,651
  • Feb 8, 2019 2:29am Feb 8, 2019 2:29am
Up up and away

d1+h1+15m
Attached Image(s) (click to enlarge)
Click to Enlarge Name: dx d1.png Size: 28 KB
Click to Enlarge Name: dx 15.png Size: 30 KB
Click to Enlarge Name: GU 15.png Size: 28 KB
yes yes yes
  • #474,652
  • Feb 8, 2019 2:34am Feb 8, 2019 2:34am
Quoting Ill-b-back
{quote} Beware of the cranky bear. I'm not sure the party is quite over...
hic...
Come with me if you want to live....
  • #474,653
  • Feb 8, 2019 2:45am Feb 8, 2019 2:45am
Quoting Moty
Up up and away d1+h1+15m {image} {image} {image}
Good luck, but doubt that we are going up from here, seems like a revisit of the low pre-spike.
  • #474,654
  • Feb 8, 2019 2:46am Feb 8, 2019 2:46am
Quoting elbert3
{image} target 2 was hit and we had a long on that number as in the other post I was looking at price retracing the last months candle . But it was in the middle is 50 and 61% fib I also had buys at the 61% at 2820 which I would of found a better understanding of my plan ... looking to bounce now to add at 2945 to 3050 area but scalp into a hedge at that 2945 area also
Slight change 2940 slight support area it might be going to that 2820
  • #474,655
  • Feb 8, 2019 3:03am Feb 8, 2019 3:03am
Quoting elbert3
{quote} Slight change 2940 slight support area it might be going to that 2820
Beware on the bull. The way it shake sounds a large bull coming
Yoobbie
  • #474,656
  • Feb 8, 2019 3:04am Feb 8, 2019 3:04am
Quoting elbert3
{quote} Slight change 2940 slight support area it might be going to that 2820
Beware on the bull. The way it shake sounds a large bull coming.
We need the keris
Yoobbie
  • #474,657
  • Feb 8, 2019 3:47am Feb 8, 2019 3:47am
Quoting Shadowluxury
{quote} Beware on the bull. The way it shake sounds a large bull coming. We need the keris
LOL

Yeah jamb the Keris into the throat of Eur/Gbp, geeeeeezzzz I hate that pair, always screwing up good GBP bull runs...
Don't Leave Money on the Table
  • #474,658
  • Feb 8, 2019 3:53am Feb 8, 2019 3:53am
Quoting Moty
Up up and away d1+h1+15m {image} {image} {image}
Yes good Daily indecision candle would suggest so, maybe it's coming....
Don't Leave Money on the Table
  • #474,659
  • Feb 8, 2019 3:55am Feb 8, 2019 3:55am
HEY Good news...
finally got my yellow diamond back....LOL
Don't Leave Money on the Table
  • #474,660
  • Feb 8, 2019 4:08am Feb 8, 2019 4:08am
it's coming
Attached Image (click to enlarge)
Click to Enlarge Name: eur usd 15M.png Size: 32 KB
yes yes yes
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