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Cable Update (GBPUSD)

  • #492,821
  • Sep 11, 2019 3:36am Sep 11, 2019 3:36am
long @ 1.2347

sl 30 pip
tp open
  • #492,822
  • Sep 11, 2019 3:39am Sep 11, 2019 3:39am
Quoting Marcieny
Gu I think will test some supports this week.. maybe EG retest 0.91400
if so next support goes to below 2286 as per daily tf , ok 2270, better a d bottom 2232 or much better of below 2209. still flat daily . eu failing rest at 1027 & next support at 1010 also . corresponding intermediate level 1027 eu gu still to reach first 2312 .lets see
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #492,823
  • Sep 11, 2019 3:43am Sep 11, 2019 3:43am
I'm waiting for more confirmations ... but usd / jpy may have a very big drop this month ... maybe affect GJ and by affecting GJ maybe affect other pairs of pounds ... time will tell.
  • #492,824
  • Sep 11, 2019 3:49am Sep 11, 2019 3:49am
Love these sideways expansion scenarios.
Could break either way, even though we do have lower lows on M5...
Just wait for a decisive break and follow the trend
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  • #492,825
  • Sep 11, 2019 3:52am Sep 11, 2019 3:52am
Quoting Marcieny
I'm waiting for more confirmations ... but usd / jpy may have a very big drop this month ... maybe affect GJ and by affecting GJ maybe affect other pairs of pounds ... time will tell.
Technical reasons for possible drop on UJ...???
Don't Leave Money on the Table
  • #492,826
  • Sep 11, 2019 3:52am Sep 11, 2019 3:52am
H&S forming?
  • #492,827
  • Sep 11, 2019 4:00am Sep 11, 2019 4:00am
USD JPY the price is in divergent resistance despite having touched a support in the month .... this seems to me a month lateralization by years... maybe I should buy Gold.
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  • #492,828
  • Sep 11, 2019 4:00am Sep 11, 2019 4:00am
for me most critical points 1,2312 and 1,2390 waiting now with only 0,01 sell stop is 1,2410 time will tell. already i am scalping when price made high for example i made 1,2367 to 1,2349 main wish to drop 1,1870
  • #492,829
  • Sep 11, 2019 4:06am Sep 11, 2019 4:06am
Quoting Tekin
for me most critical points 1,2312 and 1,2390 waiting now with only 0,01 sell stop is 1,2410 time will tell. already i am scalping when price made high for example i made 1,2367 to 1,2349 main wish to drop 1,1870
its very fast i missed to sell from 1,2366 again lets wait
  • #492,830
  • Sep 11, 2019 4:06am Sep 11, 2019 4:06am
Quoting MXT
long @ 1.2347 sl 30 pip tp open

closed @ 1.2366
+ 19 pips
  • #492,831
  • Sep 11, 2019 4:14am Sep 11, 2019 4:14am
I got chopped badly. I longed the hourly candle as it closed up. I reversed shorted when it closed down. Repeated this 4 times...ouch


How does one tell if a day will setup to be ranging like this today? What signs do you use to observe?
  • #492,832
  • Sep 11, 2019 4:18am Sep 11, 2019 4:18am
If you are an intraday trader, check your D1 and H4 time frames first thing in the mornkng.

Trade safe.

KP

Quoting pipoman
I got chopped badly. How does one tell if a day will setup to be ranging like this today? What signs do you use to observe?
Do your homework, follow the footprints of smart money
  • #492,833
  • Sep 11, 2019 4:22am Sep 11, 2019 4:22am
Quoting KeenPips
If you are an intraday trader, check your D1 and H4 time frames first thing in the mornkng. Trade safe. KP {quote}
Yes I am intraday trader. What are you looking out for to know its going to range today?
  • #492,834
  • Sep 11, 2019 4:32am Sep 11, 2019 4:32am
yet more chaos brewing

Scottish judges rule parliament suspension is unlawful
  • #492,835
  • Sep 11, 2019 4:34am Sep 11, 2019 4:34am
The candlesticks printed during the period. If there are two opposing candlesticks or indecision candlesticks printed in a zone, you wait for clarity of price action or choose a different pair that shows directional momentum by the size and similarity of consecutive candlesticks printed.

Trade safe.

KP


Quoting pipoman
{quote} Yes I am intraday trader. What are you looking out for to know its going to range today?
Do your homework, follow the footprints of smart money
  • #492,836
  • Edited 5:07am Sep 11, 2019 4:37am | Edited 5:07am
Quoting MXT
yet more chaos brewing Scottish judges rule parliament suspension is unlawful
they need to make the movie version of this

dicaprio can play johnson and depp can play may.
connery can be that grey old communist whos name i have forgotten.
in wondering about yourself, you forgot what you came here to be part of
  • #492,837
  • Sep 11, 2019 4:39am Sep 11, 2019 4:39am
Of course, you should also be wary if price action is operating within an S/R zone identifiable on the D1 or W1 time frame.KP
Quoting KeenPips
The candlesticks printed during the period. If there are two opposing candlesticks or indecision candlesticks printed in a zone, you wait for clarity of price action or choose a different pair that shows directional momentum by the size and similarity of consecutive candlesticks printed. Trade safe. KP {quote}
Do your homework, follow the footprints of smart money
  • #492,838
  • Sep 11, 2019 4:39am Sep 11, 2019 4:39am
Quoting Crypt
H&S forming?
Yes
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yes yes yes
  • #492,839
  • Sep 11, 2019 4:44am Sep 11, 2019 4:44am
Quoting knkie
{quote} they need to make the move version of this dicaprio can play johnson and depp can play may. connery can be that grey old communist whos name i have forgotten.
corbyn ahahhhahh
  • #492,840
  • Sep 11, 2019 4:51am Sep 11, 2019 4:51am
nothing fake about these thrusts upwards....
\Price has had a hard time the last few days to break thru the Resistance on the Day Chart.
But its gonna happen.
Attached Image
in wondering about yourself, you forgot what you came here to be part of
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