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Cable Update (GBPUSD)

  • #474,721
  • Feb 13, 2019 4:17am Feb 13, 2019 4:17am
As I've said many hours ago about the consolidation, Please do not waste your time and hard work money The dominant trend is down but needs momentum or energy to go down
Watch my video and do not trick by news or funny news
Don’t follow someone else’s trading advice blindly
  • #474,722
  • Feb 13, 2019 4:48am Feb 13, 2019 4:48am
Some action off daily resistance
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDDaily.png Size: 25 KB
Click to Enlarge Name: GBPUSDH1.png Size: 22 KB
Come with me if you want to live....
  • #474,723
  • Feb 13, 2019 5:02am Feb 13, 2019 5:02am
GBP news: CPI rose at an annual rate of 1.8 percent.
GBP/USD may fall further. The nearest support is 1.28732. In order to gain confidence in bulls, GBP/USD must break through resistance 1.28971.
#Anthonywins
  • #474,724
  • Feb 13, 2019 6:01am Feb 13, 2019 6:01am
Hmmmmmmm very nice, captured some of this move when it all looked like heading south....

My buy in was 1.2897 and was sweating a bit @ 1.2872 but rode it out as just knew in my bones it was heading north, in fact thought that from the moment I bought so was almost banging my head against the desk saying " don't you guys know this is going north? stop fucking selling"...LOL
Anyway not usually talk money terms but 1 large thankyou very much....
Don't Leave Money on the Table
  • #474,725
  • Feb 13, 2019 6:16am Feb 13, 2019 6:16am
Quoting HaLBot
Hmmmmmmm very nice, captured some of this move when it all looked like heading south.... My buy in was 1.2897 and was sweating a bit @ 1.2872 but rode it out as just knew in my bones it was heading north, in fact thought that from the moment I bought so was almost banging my head against the desk saying " don't you guys know this is going north? stop fucking selling"...LOL Anyway not usually talk money terms but 1 large thankyou very much....
i bought it at 1.2888 after seeing a W pattern forming on the m15. tp @ 1.2935 and 1.2950 any idea how it managed to push 80 pips in such a small time ?
  • #474,726
  • Feb 13, 2019 6:18am Feb 13, 2019 6:18am
Quoting Abrar1299
{quote} i bought it at 1.2888 after seeing a W pattern forming on the m15. tp @ 1.2935 and 1.2950 any idea how it managed to push 80 pips in such a small time ?
I'm attempting to find out most likely to do with some brexit news, but here's something that might explain it....

https://www.forexlive.com/technical-...-jump-20190213

Can you put up a screen shot of the 'W' pattern as looked on my chart just quickly but can't see it....
Don't Leave Money on the Table
  • #474,727
  • Feb 13, 2019 6:27am Feb 13, 2019 6:27am
Sold at 1.29128 SL at 1.29635 lets see
  • #474,728
  • Feb 13, 2019 6:31am Feb 13, 2019 6:31am
Contained by the 100MA on the one hour chart, everything was moving to fast to check resistance levels so closed positions @ 1.2940

It's going to be an interesting US session, shame I got to do the day job tomorrow as 11.30pm here in the land of OZ
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1 13 Feb 19.png Size: 55 KB
Don't Leave Money on the Table
  • #474,729
  • Feb 13, 2019 6:33am Feb 13, 2019 6:33am
very divergent....I'am waiting support 1.28200 or 1.28171
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd1302.png Size: 113 KB
  • #474,730
  • Feb 13, 2019 6:39am Feb 13, 2019 6:39am
@HaLBot Sorry the W was on the m5. This is my current outlook for gbpusd. This downward channel is still intact unless the candle closes above 25ish.
As for the intraday targets if i think its going to make a higher high/lower low then i look for 1.27 and 1.61 extension of the pullbacks in the hourlys.
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled.png Size: 176 KB
  • #474,731
  • Edited 7:38am Feb 13, 2019 6:44am | Edited 7:38am
There ran a scammers spike perhaps, short to tp 2872 failed but tp 2950"long get . Nonsense! Anyway as 2957played somehow now looking for bottom again. Intermediate scalping tp 2901 first. 2888 2nd. Take care,

the chart as access now
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 25 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #474,732
  • Feb 13, 2019 6:46am Feb 13, 2019 6:46am
Quoting Abrar1299
@HaLBot Sorry the W was on the m5. This is my current outlook for gbpusd. This downward channel is still intact unless the candle closes above 25ish. As for the intraday targets if i think its going to make a higher high/lower low then i look for 1.27 and 1.61 extension of the pullbacks in the hourlys. {image}
I tell you what, you must have keen eyesight to see the 'W' pattern on 5min, I can barely make it out...and congrats...

Nice hourly chart M8...

Quoting fontu
There ran a scammers spike perhaps, short to tp 2872 failed but tp 2950"long get . Nonsense! Anyway as 2957played somehow now looking for bottom again. Intermediate scalping tp 2901 fisrt. Take care,
Might be a scammers spike but made me very happy.....LOL
Don't Leave Money on the Table
  • #474,733
  • Feb 13, 2019 6:52am Feb 13, 2019 6:52am
Level 2 pushup GU will still rise
  • #474,734
  • Feb 13, 2019 6:55am Feb 13, 2019 6:55am
Its look like a stop hunting
  • #474,735
  • Feb 13, 2019 7:03am Feb 13, 2019 7:03am
Quoting HaLBot
{quote} I tell you what, you must have keen eyesight to see the 'W' pattern on 5min, I can barely make it out...and congrats... Nice hourly chart M8... {quote} Might be a scammers spike but made me very happy.....LOL
one of the most luckiest W's i have had but i was looking to buy the cable on a pullback due to yesterday dollar weakness but then we got bad cpi from the gbp so held off. 1.2830 bounce was from a key level from where the whole bullish move started to 1.32xx it might act as a short term bottom.
looking forward to USD CPI impact.
  • #474,736
  • Feb 13, 2019 7:09am Feb 13, 2019 7:09am
Quoting Marcieny
very divergent....I'am waiting support 1.28200 or 1.28171 {image}
If price breaks below 1.2870 then it could head down to your buy in @ 1.2820 this session.
Don't Leave Money on the Table
  • #474,737
  • Feb 13, 2019 7:15am Feb 13, 2019 7:15am
I'm out as don't want to put on another trade and screw up a great session....LOL

Sometimes that happens the second trade of the session can be a disaster, but this London session just finished was 4 trades and all successful...

Adios Amigos comercio seguro!!!
Don't Leave Money on the Table
  • #474,738
  • Edited 10:12am Feb 13, 2019 7:51am | Edited 10:12am
Quoting HaLBot
{quote} I tell you what, you must have keen eyesight to see the 'W' pattern on 5min, I can barely make it out...and congrats... Nice hourly chart M8... {quote} Might be a scammers spike but made me very happy.....LOL
welldone, at least within the levels it did !take care
ok now kill it level 2878 & previous level if interest 2868 & lows targeting

just update charts
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDH4.png Size: 20 KB
Click to Enlarge Name: #US$indx_H9H4.png Size: 18 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #474,739
  • Feb 13, 2019 10:11am Feb 13, 2019 10:11am
Quoting Ill-b-back
Some action off daily resistance {image} {image}
Shake n bake,

Shaaaaake n bake....
Come with me if you want to live....
  • #474,740
  • Feb 13, 2019 11:40am Feb 13, 2019 11:40am
Why dont this s*** quickly collapse to my short TP 1.2835 and take my long pending from there?!
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
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