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Cable Update (GBPUSD)

  • #499,321
  • Oct 18, 2019 1:37pm Oct 18, 2019 1:37pm
Quoting Never
BOE carney said nothing ? Should I wait ?
He is still on toilet
  • #499,322
  • Oct 18, 2019 1:40pm Oct 18, 2019 1:40pm
Quoting Ill-b-back
{quote} Nice move up of the retest to clear 28. Some short term targets above {image}
As much as I still like this trade for more pips north, I think it wise to close out before this weekend.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDDaily.png Size: 28 KB
Come with me if you want to live....
  • #499,323
  • Oct 18, 2019 1:48pm Oct 18, 2019 1:48pm
Quoting malcolmb14
I am going to sound like a complete nutter but i I believe that the vote is already known . I believe that VOting is fixed specially in politics where nothing is straight forward The reason I say this is looking st gbpusd EVERY DIP is being bought ... I only saw weakness on that whacky day yesterday . Dax 100 percent was bought on the double bottom on the 60 today lets see how weekend unfolds .. my bet is vote approved
Hello malcolmb14, i also think that news are already in the price.. I would also not wonder if on weekend the british goverment vote for the deal and the price drops, also this is a positive news, because price not always react to news like everybody think, sometimes price just do the opposite of the news.

I want to ask you somethink abouth VSA technics, have i understand it right, that it is a buy signal when price go down and then the volume become bigger during price goes sideways, because smart money is buying and holding the price up?

And can we use the Metatrader 4 volume for this technic or must we use other data providers?

My current view on GBP is below in the picture, for me the price have reach a horizontal resitance zone, so a retracement to downside is probaly for me at moment. Maybe price did not reach 1.30 yesterday just to make people stay in with long trades and then next week evrybody think 1.30 will be reach but we go more down.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDWeekly.png Size: 63 KB
  • #499,324
  • Oct 18, 2019 1:48pm Oct 18, 2019 1:48pm
USD looks bearish
Attached Image
Come with me if you want to live....
  • #499,325
  • Oct 18, 2019 2:01pm Oct 18, 2019 2:01pm
Attached Image (click to enlarge)
Click to Enlarge Name: 1D00B23C-A4E8-405D-B346-429A51A76DCE.jpeg Size: 334 KB
scalp possible just waiting
  • #499,326
  • Oct 18, 2019 2:15pm Oct 18, 2019 2:15pm
Quoting OnlineAddict
GU looks like its setting up for a drop, no matter what happens during the weekend. I am short from 2955 again. Target open. GJ short, too, 140.50.
Hi are you still in your nzu trade ?
  • #499,327
  • Oct 18, 2019 2:56pm Oct 18, 2019 2:56pm
Quoting elbert3
{quote} Hi are you still in your nzu trade ?
Nope, closed both AU and NU, of course now it started the upmove...surprise, surprise. But I simply have no patience for that pair, the swap was getting bigger and it was in a tight range for weeks...I am glad I got out, so I can concentrate on more volatile pairs.

btw looking at weekly, both AU and GU have a hell of a bullish setup, I just entered at a wrong time, I guess.
Everyone can see the chart, but only a few can actually read it.
  • #499,328
  • Oct 18, 2019 3:09pm Oct 18, 2019 3:09pm
Anyone holding over the weekend
ex nihilo
  • #499,329
  • Oct 18, 2019 3:12pm Oct 18, 2019 3:12pm
Quoting Oc6oph
Anyone holding over the weekend
Everyone can see the chart, but only a few can actually read it.
  • #499,330
  • Oct 18, 2019 3:17pm Oct 18, 2019 3:17pm
Quoting OnlineAddict
{quote}
Me too down about 60 pips atm
ex nihilo
  • #499,331
  • Oct 18, 2019 3:18pm Oct 18, 2019 3:18pm
Quoting Oc6oph
{quote} Me too down about 60 pips atm
I wouldn't be too worried.
Everyone can see the chart, but only a few can actually read it.
  • #499,332
  • Oct 18, 2019 3:19pm Oct 18, 2019 3:19pm
Quoting Oc6oph
{quote} Me too down about 60 pips atm
you holding long ?
  • #499,333
  • Oct 18, 2019 3:21pm Oct 18, 2019 3:21pm
Quoting OnlineAddict
{quote} I wouldn't be too worried.
Are you short
ex nihilo
  • #499,334
  • Oct 18, 2019 3:25pm Oct 18, 2019 3:25pm
Quoting Oc6oph
{quote} Are you short
Yes.

Quoting OnlineAddict
GU looks like its setting up for a drop, no matter what happens during the weekend. I am short from 2955 again. Target open. GJ short, too, 140.50.
Everyone can see the chart, but only a few can actually read it.
  • #499,335
  • Oct 18, 2019 3:25pm Oct 18, 2019 3:25pm
Not matter what rumours are coming out ...i believe its never gonna pass... the deal... we may have a gap down...

ps: i may be wrong...
Extreme gut feeling trader
  • #499,336
  • Oct 18, 2019 3:25pm Oct 18, 2019 3:25pm
Since the day BREXTI happened, I am observing the political behaviour on the issue. Its has now become issue of survival for political parties that national good. I feel changes of deal not passing is 90%. I am placing the shorts just 1 min before with tight SL.
  • #499,337
  • Oct 18, 2019 3:27pm Oct 18, 2019 3:27pm
Quoting OnlineAddict
{quote} Yes. {quote}
I’m expecting retest of 1.2500-1,2600 area so going to hold for a bit good luck to you Mr. Simpson
ex nihilo
  • #499,338
  • Oct 18, 2019 3:28pm Oct 18, 2019 3:28pm
Quoting tush1822
Since the day BREXTI happened, I am observing the political behaviour on the issue. Its has now become issue of survival for political parties that national good. I feel changes of deal not passing is 90%. I am placing the shorts just 1 min before with tight SL.
No stop loss can stop the damage... if it against .. acc will be doomed...
Extreme gut feeling trader
  • #499,339
  • Oct 18, 2019 3:31pm Oct 18, 2019 3:31pm
Quoting tush1822
Since the day BREXTI happened, I am observing the political behaviour on the issue. Its has now become issue of survival for political parties that national good. I feel changes of deal not passing is 90%. I am placing the shorts just 1 min before with tight SL.
I took my stop out stops are dangerous to have in over weekend
ex nihilo
  • #499,340
  • Oct 18, 2019 3:33pm Oct 18, 2019 3:33pm
Quoting OnlineAddict
{quote} Nope, closed both AU and NU, of course now it started the upmove...surprise, surprise. But I simply have no patience for that pair, the swap was getting bigger and it was in a tight range for weeks...I am glad I got out, so I can concentrate on more volatile pairs. btw looking at weekly, both AU and GU have a hell of a bullish setup, I just entered at a wrong time, I guess.
Never mind . But yes it has romped away as
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