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Cable Update (GBPUSD)

  • #484,381
  • Jul 11, 2019 7:31am Jul 11, 2019 7:31am
Don't know what happened there, but shorting in at 1.2573

YANKS AGAIN POISTIVE NEWS!!!
Don't trade what you think. Just what you see!!!
  • #484,382
  • Jul 11, 2019 7:32am Jul 11, 2019 7:32am
what happened?
  • #484,383
  • Jul 11, 2019 7:32am Jul 11, 2019 7:32am
good CPI, that strengthen the dollar
  • #484,384
  • Jul 11, 2019 7:32am Jul 11, 2019 7:32am
Careful this looks like what the NFp uset to do
  • #484,385
  • Jul 11, 2019 7:34am Jul 11, 2019 7:34am
Quoting elbert3
Hedge short running from 64 to 44 just in case if it come back over then it's stopped at entry
Quick fingers
  • #484,386
  • Jul 11, 2019 7:36am Jul 11, 2019 7:36am
It was better than the forecast but inflation still is not as high as they want it, so the move after the release will be probably short-lived.
  • #484,387
  • Jul 11, 2019 7:37am Jul 11, 2019 7:37am
Tp 1.25339
Daily R1 , THEN FROM there it can go over the last high
yes yes yes
  • #484,388
  • Jul 11, 2019 7:39am Jul 11, 2019 7:39am
Quoting blackjacker
It was better than the forecast but inflation still is not as high as they want it, so the move after the release will be probably short-lived.
Good call

I better try my trusted method..... fingers crossed if that does not work pray!!!! I'm short on this!!
Don't trade what you think. Just what you see!!!
  • #484,389
  • Jul 11, 2019 7:40am Jul 11, 2019 7:40am
Quoting Moty
Tp 1.25339 Daily R1 , THEN FROM there it can go over the last high
not so low my friend
  • #484,390
  • Jul 11, 2019 7:41am Jul 11, 2019 7:41am
Quoting blackjacker
It was better than the forecast but inflation still is not as high as they want it, so the move after the release will be probably short-lived.
Jobs dropped
  • #484,391
  • Jul 11, 2019 7:44am Jul 11, 2019 7:44am
Quoting elbert3
{quote} Jobs dropped
True, but was very quickly rejected. Still hasnt gone anywhere but bullish sentiment is growing. Have to wait and see, as usual.
  • #484,392
  • Jul 11, 2019 7:44am Jul 11, 2019 7:44am
Gbj and nzu continue . Will it pull Gu with it
  • #484,393
  • Jul 11, 2019 7:45am Jul 11, 2019 7:45am
Attached Image (click to enlarge)
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #484,394
  • Jul 11, 2019 7:45am Jul 11, 2019 7:45am
Quoting Theoak
{quote} Good call I better try my trusted method..... fingers crossed if that does not work pray!!!! I'm short on this!!
Is a resistance zone now, might hold.
  • #484,395
  • Jul 11, 2019 7:49am Jul 11, 2019 7:49am
Quoting blackjacker
{quote} Is a resistance zone now, might hold.
How you doing mate? Was you not hoping for 1.26? I'm trying these Fibs at the moment and they do seem to have something in them. Just got to work out how to use them.

If you get a 1 day chart up. Then put fibs on high and low it is exactly where this resistance is. You might know all this anyway!!!
Don't trade what you think. Just what you see!!!
  • #484,396
  • Jul 11, 2019 7:51am Jul 11, 2019 7:51am
Quoting Theoak
{quote} How you doing mate? Was you not hoping for 1.26? I'm trying these Fibs at the moment and they do seem to have something in them. Just got to work out how to use them.
Yeah my entry is there, some 40 pips still underwater. But it was worse, more than 160 at some point.
The fibs I think is important the start and end points thats hard where to place it.
  • #484,397
  • Jul 11, 2019 7:57am Jul 11, 2019 7:57am
Quoting Theoak
{quote} How you doing mate? Was you not hoping for 1.26? I'm trying these Fibs at the moment and they do seem to have something in them. Just got to work out how to use them. If you get a 1 day chart up. Then put fibs on high and low it is exactly where this resistance is. You might know all this anyway!!!
Check this on 5 min. Here worked perfectly on open close, but sometimes works better on high low, who knows. Here is perfect example on 5 min open close, I posted before good example on 4hrs high low.
Attached Image (click to enlarge)
Click to Enlarge Name: 5min.png Size: 21 KB
  • #484,398
  • Jul 11, 2019 7:57am Jul 11, 2019 7:57am
Quoting blackjacker
{quote} Yeah my entry is there, some 40 pips still underwater. But it was worse, more than 160 at some point. The fibs I think is important the start and end points thats hard where to place it.
If you get a 1 day chart up. Then put fibs on high and low it is exactly where this resistance is. You might know all this anyway!!!

This level is 12568 and the one I'm targeting with my short is 1.2526

Still trying to learn this, but just trying to share knowledge.... It might be complete crap!!! Not Fibs...... ME!
Don't trade what you think. Just what you see!!!
  • #484,399
  • Jul 11, 2019 7:59am Jul 11, 2019 7:59am
Quoting Theoak
{quote} If you get a 1 day chart up. Then put fibs on high and low it is exactly where this resistance is. You might know all this anyway!!! This level is 12568 and the one I'm targeting with my short is 1.2526 Still trying to learn this, but just trying to share knowledge.... It might be complete crap!!! Not Fibs...... ME!
Same levels though +- some pips but am not sure about the target as soon as I have the chance I might close and look to open again. Will see.
  • #484,400
  • Jul 11, 2019 8:02am Jul 11, 2019 8:02am
Quoting Bones
{quote} {image}
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On-site guru & also FF member's' psychiatrist, when not drinking tea
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