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Cable Update (GBPUSD)

  • #476,701
  • Apr 26, 2019 7:29am Apr 26, 2019 7:29am
Quoting knkie
the long move was shortlived. Back to selling. Short @ 1.2907 10 pip SL
this sell is @ BE now.
Target 25 pips
in wondering about yourself, you forgot what you came here to be part of
  • #476,702
  • Apr 26, 2019 7:32am Apr 26, 2019 7:32am
Quoting knkie
{quote} this sell is @ BE now. Target 25 pips
and target hit !
have a good weekend
in wondering about yourself, you forgot what you came here to be part of
  • #476,703
  • Edited 10:31am Apr 26, 2019 10:19am | Edited 10:31am
d1+15m
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GU D1.png Size: 25 KB
Click to Enlarge Name: GU 15.png Size: 33 KB
yes yes yes
  • #476,704
  • Apr 26, 2019 12:17pm Apr 26, 2019 12:17pm
sick stophunting
ᕙ(`▿´)ᕗ
Attached Image (click to enlarge)
Click to Enlarge Name: PrintScreen28.JPG Size: 126 KB
  • #476,705
  • Edited 1:42pm Apr 26, 2019 1:11pm | Edited 1:42pm
I guess someone managed to snag those short 25-30 pips today but yes a risky quick trade. Moving on cable closing today around 1.2930 still calls for at least another week of shorting which sets up a TP of 1.2810 but requires confirmation on sunday open in case there is drastic weekend slippage.

Oanda Open positions

GBP/USD
40.77% SHORT
59.23% LONG

Most people are always on the wrong side of the market which is why 76% of retails traders lose all their money. SO do the opposite to stay in business Oanda open positions can be a trading tool itself but know that most positions have generally been open for days or weeks. Many are still buying from 1.32 now breaking into a sweat just before a margin call and hoping for a cable rally that probably not going to happen. For any trade system even scalping always keep the opposing bias can help you win.
  • #476,706
  • Apr 26, 2019 1:36pm Apr 26, 2019 1:36pm
h1
Attached Image (click to enlarge)
Click to Enlarge Name: dx H1.png Size: 35 KB
yes yes yes
  • #476,707
  • Apr 26, 2019 5:48pm Apr 26, 2019 5:48pm
It's Friday profit taking while still buying shorts
  • #476,708
  • Apr 26, 2019 5:48pm Apr 26, 2019 5:48pm
Quoting riclater211
Hey All, My current short looks like it may run out steam before I hit my target. With upcoming Advance GDP & Core Durable Goods this week tho, it may be looking up since both are expected to meet or exceed consensus. We shall see. Just to be safe I moved my stop to 1.29500. I see no reason for price not to drop to 1.28000. {image}
Hey All,

End of week showing a buy back of shorts. Spike almost took me out but not yet. Still holding the 38.9 pips. Still looking at a short bias for next week. USD news has a better than average chance of pushing GBP down to my target barring any Brexit nonsense. Be careful next week as it is also months end mid week so look out for re-balancing spikes and cash outs.

Have a great weekend

- Ric
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD 04262019.png Size: 89 KB
Be humble or get humbled
  • #476,709
  • Apr 27, 2019 1:49am Apr 27, 2019 1:49am
just update , take care
https://www.forexfactory.com/showthr...7#post12242157
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #476,710
  • Apr 27, 2019 1:56am Apr 27, 2019 1:56am
Attached Image (click to enlarge)
Click to Enlarge Name: Pound.png Size: 29 KB
  • #476,711
  • Apr 27, 2019 4:00am Apr 27, 2019 4:00am
gu d1 + h1
dx d1
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GU D1.png Size: 24 KB
Click to Enlarge Name: GU H1.png Size: 35 KB
Click to Enlarge Name: dx D1.png Size: 31 KB
yes yes yes
  • #476,712
  • Apr 28, 2019 7:52pm Apr 28, 2019 7:52pm
It looks like GU will go up at least for today and tomorrow.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 51 KB


An up trend is created on H1 chart.

Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 57 KB


A Morning star pattern is created on D1 chart.
Despite a down trend...
Thats why may be its gonna go up for 1 or 2 days until it touch the trend line and bounce back down.

Hope it helps. Good luck guys. Happy Monday.
  • #476,713
  • Edited Apr 29, 2019 2:43am Apr 28, 2019 11:10pm | Edited Apr 29, 2019 2:43am
Quoting fontu
Similar to eu waiting see test 2952/76/3015. https://www.forexfactory.com/showthr...1#post12240331
Just update charts, ok to go, misson1.3000 pullback!
Waiting for crash in eurgbp .
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH4.png Size: 38 KB
Attached Images
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #476,714
  • Apr 29, 2019 1:45am Apr 29, 2019 1:45am
morning
Buying 1.2936
23 pip target
in wondering about yourself, you forgot what you came here to be part of
  • #476,715
  • Apr 29, 2019 1:51am Apr 29, 2019 1:51am
Inserted Video
  • #476,716
  • Apr 29, 2019 2:19am Apr 29, 2019 2:19am
Attached Image (click to enlarge)
Click to Enlarge Name: Pound.png Size: 28 KB
  • #476,717
  • Apr 29, 2019 2:48am Apr 29, 2019 2:48am
Risky , but I can't say no to 20 pips
Attached Image (click to enlarge)
Click to Enlarge Name: New Doc 2019-04-29 10.46.15_1.jpg Size: 101 KB
yes yes yes
  • #476,718
  • Apr 29, 2019 3:28am Apr 29, 2019 3:28am
Another test for a sell
Attached Image (click to enlarge)
Click to Enlarge Name: photo_2019-04-29_08-26-02.jpg Size: 77 KB
Le$$ I$ More
  • #476,719
  • Apr 29, 2019 4:11am Apr 29, 2019 4:11am
Looks like a short to me. A bit concerning that everyone else on here is short as well..

Couple of stacked zones.
Attached Image (click to enlarge)
Click to Enlarge Name: GU.PNG Size: 27 KB
  • #476,720
  • Apr 29, 2019 4:32am Apr 29, 2019 4:32am
Quoting C-12
Looks like a short to me. A bit concerning that everyone else on here is short as well.. Couple of stacked zones. {image}
That why i playing both sides.
Short only for the shoulder
Attached Image(s) (click to enlarge)
Click to Enlarge Name: New Doc 2019-04-29 12.29.55_1.jpg Size: 100 KB
Click to Enlarge Name: New Doc 2019-04-29 12.31.56_1.jpg Size: 108 KB
yes yes yes
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