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Cable Update (GBPUSD)

  • #476,601
  • Apr 23, 2019 4:26pm Apr 23, 2019 4:26pm
Where is that blabber with 1.35 yesterday ,1.45 last December??

LOL

OnlineLongAddict???

Now that a trendline break (weekly) is confirmed, and below 1.3050-70.. ..we can see 1.23-25 AGAIN

Beware usual stop hunts. Did you see 1.30 hunt??? Nice

Note old picture
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Beware of robber banks (RB), bad advisors.
  • #476,602
  • Apr 23, 2019 8:03pm Apr 23, 2019 8:03pm
I wouldn't like to say how low GBP can go i only trade on daily and weekly ATR values. As i mentioned before we all know Brexit is a mess and really bad for business not knowing the future for the UK so on that basis alone cable will keep dropping i think for the entire summer. Nothing is going to happen till at least September for Brexit. Only a closed final deal will see cable start a long journey back to 1.60 + and beyond. The only other scenario is the US to have like a 2008 market crash starting in the coming weeks (many gurus forecasting this) then all bets are off
  • #476,603
  • Apr 23, 2019 11:51pm Apr 23, 2019 11:51pm
Though gbp likely strengthen next as in eurogbp crash next possible, waiting 1.8665 and 8655 breaks down and stay. So far gbpaud works good. Waiting gu and gj also for bounce. .
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #476,604
  • Apr 23, 2019 11:59pm Apr 23, 2019 11:59pm
daily:cypher
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  • #476,605
  • Apr 24, 2019 12:13am Apr 24, 2019 12:13am
It is likely collecting some momentum for a further move down but it not be that strong any more seeing the multipledivergence formed last night
The fragrance remains in the hands of those that gves the rose
  • #476,606
  • Apr 24, 2019 12:16am Apr 24, 2019 12:16am
Quoting okosodo
It is likely collecting some momentum for a further move down but it not be that strong any more seeing the multipledivergence formed last night
maybe:1.29717
  • #476,607
  • Apr 24, 2019 12:18am Apr 24, 2019 12:18am
long term
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Le$$ I$ More
  • #476,608
  • Apr 24, 2019 12:31am Apr 24, 2019 12:31am
Morning Guys

I am Long at the moment here is my scenario.
I know it broke all the previous levels but my charts show long for a short time.
My target is 1.31 but at at 1.305 i will analyze and decide there what i will do.

Please note : this is a high risk trade as all long term levels have been broken down and sentiment in the market is short.

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  • #476,609
  • Apr 24, 2019 2:18am Apr 24, 2019 2:18am
I see cable moving towards 1.2960 before move lower, this break is not that strong, but it is still a major break, new earnings news (if they come as strong as expected) will give dollar strength and make cable move lower.
  • #476,610
  • Apr 24, 2019 2:23am Apr 24, 2019 2:23am
Quoting Mrcl
Wooogh !! My Sell Stop get hit !! Let's go in an adventure in the "BEARISH Train Ride" Warning : This gonna be a bumpy ride !!
Did you enjoy that Ride and get all them pips? Knocked this out the park yesterday!!!!! You ready for the ride today?
Don't trade what you think. Just what you see!!!
  • #476,611
  • Apr 24, 2019 2:45am Apr 24, 2019 2:45am
Quoting Theoak
{quote} Did you enjoy that Ride and get all them pips? Knocked this out the park yesterday!!!!! You ready for the ride today?
We'll see...
A big bearish candle is created on 1H chart.

Lets continue this bumpy ride !!
  • #476,612
  • Apr 24, 2019 3:15am Apr 24, 2019 3:15am
Quoting Mrcl
{quote} We'll see... A big bearish candle is created on 1H chart. Lets continue this bumpy ride !!
Well I'm staying on the train - I got a free tickets - Did you miss the boat on that move or did you catch it? Well I have my eye on a different train!!!!
Don't trade what you think. Just what you see!!!
  • #476,613
  • Apr 24, 2019 3:20am Apr 24, 2019 3:20am
waiting..................
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Le$$ I$ More
  • #476,614
  • Apr 24, 2019 3:28am Apr 24, 2019 3:28am
Quoting Theoak
{quote} Well I'm staying on the train - I got a free tickets - Did you miss the boat on that move or did you catch it? Well I have my eye on a different train!!!!
I think she's about to leave.... Give you clue.... What does the UK want to break from?
Don't trade what you think. Just what you see!!!
  • #476,615
  • Apr 24, 2019 4:28am Apr 24, 2019 4:28am
Im sorry bro, I dont understand wht r u trying to say.
Hahahahhaha, english is not my native language.

R u trying to.... Make another sell on GU ?

Quoting Theoak
{quote} Well I'm staying on the train - I got a free tickets - Did you miss the boat on that move or did you catch it? Well I have my eye on a different train!!!!
  • #476,616
  • Apr 24, 2019 4:44am Apr 24, 2019 4:44am
Quoting Mrcl
Im sorry bro, I dont understand wht r u trying to say. Hahahahhaha, english is not my native language. R u trying to.... Make another sell on GU ? {quote}
Sorry Buddy, I'm not quite sure of the etiquette on this forum. I think, I would upset some members if you talk about other pairs on the CABLE forum. Well -HAVE A LOOK AT MY POSTS and you will know, but it does not look like it is going to work out!!! Keep your eye on it, because it is a 50/50 call!!!!!
Don't trade what you think. Just what you see!!!
  • #476,617
  • Apr 24, 2019 5:56am Apr 24, 2019 5:56am
Quoting Theoak
{quote} Did you enjoy that Ride and get all them pips? Knocked this out the park yesterday!!!!! You ready for the ride today?
Pulled the trigger - Shorted - Back on the train!!!!!
Don't trade what you think. Just what you see!!!
  • #476,618
  • Apr 24, 2019 6:04am Apr 24, 2019 6:04am
Quoting Theoak
{quote} Pulled the trigger - Shorted - Back on the train!!!!!
Come on cable - come to Daddy!!!!!
Don't trade what you think. Just what you see!!!
  • #476,619
  • Apr 24, 2019 6:09am Apr 24, 2019 6:09am
Quoting Theoak
{quote} Come on cable - come to Daddy!!!!!
are you okay ?
  • #476,620
  • Apr 24, 2019 6:19am Apr 24, 2019 6:19am
Quoting Roszey
{quote} 200SMA on which timeframe?
Sorry for late reply .

Daily TF
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Never follow/blame others,Patience is the key skill for Succesfull trading.
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