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Cable Update (GBPUSD)

  • #475,001
  • Feb 21, 2019 1:54am Feb 21, 2019 1:54am
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  • #475,002
  • Feb 21, 2019 2:12am Feb 21, 2019 2:12am
Quoting danc
{quote} Hope you are rite
Long time no see .
  • #475,003
  • Edited 2:40am Feb 21, 2019 2:25am | Edited 2:40am
Hey All....

Bit late to the party but managed to grab 15 Pups...in @ 1.3061

Will have to buy back in and make a bit more...but a bit wary of Cable, been some deep pullbacks lately and hopin this is not one of them....
Don't Leave Money on the Table
  • #475,004
  • Feb 21, 2019 2:37am Feb 21, 2019 2:37am
Attached Image
  • #475,005
  • Feb 21, 2019 2:38am Feb 21, 2019 2:38am
Quoting elbert3
{quote} Strange just posted more or less that chart
Better more chart?
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  • #475,006
  • Feb 21, 2019 2:40am Feb 21, 2019 2:40am
Quoting HaLBot
Hey All.... Bit late to the party but managed to grab 15 Pups...in @ 1.3061 Will have to buy back in and make a bit more...but a bit wary of Cable, been some deep pullbacks lately and hopin this is not one of them....
Lots of Green data for eurozone just out and more data at the top of the hour, good news after months of red data, anything like that is going to boost Euro and Cable...
Don't Leave Money on the Table
  • #475,007
  • Feb 21, 2019 2:45am Feb 21, 2019 2:45am
long range side way
  • #475,008
  • Feb 21, 2019 3:59am Feb 21, 2019 3:59am
Quoting FloatingCha
long range side way
Good nights trading(in the land of OZ here) 15 pups up and 14 down....

I've set some ground rules so trading doesn't take over everything else, open up platform 30 minute b4 London opening and start trading just after opening and only trade for 2 to 3 hours depending on market conditions. Preferably 2 hours and with a gain today of almost 30 pips why take a risk and possibly go backwards?
Fresh for tomorrows trading and get other stuff done..
Don't Leave Money on the Table
  • #475,009
  • Feb 21, 2019 4:05am Feb 21, 2019 4:05am
Hey Robinhood, congrats on your silver trade, very nice to see it workout considering silver was rising quite a bit against your position...
Don't Leave Money on the Table
  • #475,010
  • Feb 21, 2019 4:08am Feb 21, 2019 4:08am
Quoting Ill-b-back
{quote} Let's see if we can punch up to meet price {image}
Havent heard much of you lately old freind. nice chart A big Hug
POSTMASTER
  • #475,011
  • Feb 21, 2019 4:33am Feb 21, 2019 4:33am
Quoting smikester
I agree, elbert, but I like this perfect break and retest of the H4. It goes back a week or two: {image}
Today I like the consolidation above 1.3:

Attached Image (click to enlarge)
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So, my trade is long, 1.3110, stop loss 1.2995, target 1.4
Gone to a better place
  • #475,012
  • Feb 21, 2019 5:01am Feb 21, 2019 5:01am
If Cable keeps respecting the 200MA(yellow line) on 1 minute chart I can see it heading back to 1.3100
Also 20MA above all others usually a good sign for me to go long but I'm sitting out for rest of session

Resistance @ 1.3073 couple of failures there..
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Don't Leave Money on the Table
  • #475,013
  • Feb 21, 2019 5:30am Feb 21, 2019 5:30am
what just happened ? sudden moves to wipe the SL ?
  • #475,014
  • Feb 21, 2019 5:30am Feb 21, 2019 5:30am
Quoting HaLBot
If Cable keeps respecting the 200MA(yellow line) on 1 minute chart I can see it heading back to 1.3100 Also 20MA above all others usually a good sign for me to go long but I'm sitting out for rest of session Resistance @ 1.3073 couple of failures there.. {image} {image}
Brexit sheningans put paid to 1.3100....
Don't Leave Money on the Table
  • #475,015
  • Feb 21, 2019 5:32am Feb 21, 2019 5:32am
Quoting vickytej2301
what just happened ? sudden moves to wipe the SL ?

https://www.forexlive.com/news/!/uk-...ssels-20190221
GBP/USD
  • #475,016
  • Feb 21, 2019 5:42am Feb 21, 2019 5:42am
no, it was this one :
UK government source: It does not feel like we will have a Brexit deal by next week.
Sterling falls on the headline by Reuters here
https://www.forexlive.com/news/!/uk-...-week-20190221
  • #475,017
  • Feb 21, 2019 5:52am Feb 21, 2019 5:52am
i see the power of buyer around 1.30350 .... but .. who knows they can survive or not in next 12 hour so dangerous pair
  • #475,018
  • Feb 21, 2019 6:01am Feb 21, 2019 6:01am
Quoting FloatingCha
i see the power of buyer around 1.30350 .... but .. who knows they can survive or not in next 12 hour so dangerous pair
These news spikes related to brexit are mostly false (respect the strong h4 trend ) buyers are still willing to buy back the cable. went long @ 1.3040
  • #475,019
  • Feb 21, 2019 6:03am Feb 21, 2019 6:03am
Quoting Abrar1299
{quote} These news spikes related to brexit are mostly false (respect the strong h4 trend ) buyers are still willing to buy back the cable. went long @ 1.3040
good luck sir
  • #475,020
  • Feb 21, 2019 6:07am Feb 21, 2019 6:07am
Quoting FloatingCha
{quote} good luck sir
wow it just blasted off
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