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Cable Update (GBPUSD)

  • #506,441
  • Dec 16, 2019 6:49am Dec 16, 2019 6:49am
Quoting knkie
M15 frame buy 3375 40 pip target
We are at the resistance now...but agree a break higher could occur

I may buy if we go back to 1.3340/50
COT: The precious data ignored
  • #506,442
  • Dec 16, 2019 6:50am Dec 16, 2019 6:50am
My money is still that this will break up before moving south. H1 time frame, will likely reverse in the blue zone.

Trade safe.
Guz
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Charts don't drive price, market conditions drive price...
  • #506,443
  • Dec 16, 2019 7:00am Dec 16, 2019 7:00am
Triangle Break out, possible upside

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Follow The Markets Structure - Patience and Discipline
  • #506,444
  • Dec 16, 2019 7:22am Dec 16, 2019 7:22am
Quoting 19monza64
{image}
close +9 pips
  • #506,445
  • Dec 16, 2019 7:24am Dec 16, 2019 7:24am
I wonder how people still think cable will buy??? it's going for a selling
  • #506,446
  • Dec 16, 2019 7:26am Dec 16, 2019 7:26am
still limit 3225 intact, waiting test it.may reach 3240/37 ! first 3305/00
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #506,447
  • Dec 16, 2019 7:26am Dec 16, 2019 7:26am
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  • #506,448
  • Dec 16, 2019 7:27am Dec 16, 2019 7:27am
Quoting kuroro001
{quote} We are at the resistance now...but agree a break higher could occur I may buy if we go back to 1.3340/50

Bounced nicely off the resistance....taking most profit here at 1.3345

Will look to buy or not...but for now i won't
COT: The precious data ignored
  • #506,449
  • Dec 16, 2019 7:30am Dec 16, 2019 7:30am
Quoting Tekin
{quote} M15 moving average is resisting and h1 is supporting and no data available for today i put my buy stops at 1.3430 where is over fibo 261 level {image} {image}
cheers. i closed half and remaining sl is at entry

fighting to h1 moving avg now
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  • #506,450
  • Dec 16, 2019 7:32am Dec 16, 2019 7:32am
Quoting 19monza64
{image}
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  • #506,451
  • Edited 7:52am Dec 16, 2019 7:42am | Edited 7:52am
Quoting epzero
I wonder how people still think cable will buy??? it's going for a selling
Yes , the drop to the gap is coming
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yes yes yes
  • #506,452
  • Dec 16, 2019 7:54am Dec 16, 2019 7:54am
Quoting Moty
{quote} Yes , the the drop to the gap is coming {image}
i am working with 2 brokers and one is having this gap and another is not. so yes i already expecting a drop but its not a certain rule gaps will be closed. next hour a h1 drop continuity doesnt happen then it can keep rising to top firstly 1.34 and 1.3480 around after 13510 then 1.3808 maybe. no body knows
  • #506,453
  • Dec 16, 2019 7:58am Dec 16, 2019 7:58am
Quoting Tekin
{quote} i am working with 2 brokers and one is having this gap and another is not. so yes i already expecting a drop but its not a certain rule gaps will be closed. next hour a h1 drop continuity doesnt happen then it can keep rising to top firstly 1.34 and 1.3480 around after 13510 then 1.3808 maybe. no body knows
Did you see this move-1 H candle-1H candle in the night.
  • #506,454
  • Dec 16, 2019 8:02am Dec 16, 2019 8:02am
Quoting viktoriaxz
{quote} Did you see this move-1 H candle-1H candle in the night.

normally i dont want to follow charts at night or when i am with my family but unfortunatelly sometimes when i am opposite to direction. so this week i decided to change my strategy. fibo levels and moving average together
  • #506,455
  • Dec 16, 2019 8:07am Dec 16, 2019 8:07am
yes i dont notice chart in the night also,low volume so it was speculative
  • #506,456
  • Dec 16, 2019 8:44am Dec 16, 2019 8:44am
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I regret having lost this operation.
A sale at 1.35 in overbought was very easy.
  • #506,457
  • Dec 16, 2019 8:54am Dec 16, 2019 8:54am
H1 it goes till 1.32587 -channel or 1.31962-Ma200,after i think some retrace-but i only sell top.
  • #506,458
  • Dec 16, 2019 8:59am Dec 16, 2019 8:59am
Most Likely Scenario: long positions above 1.3320 with targets at 1.3380 & 1.3440.
  • #506,459
  • Dec 16, 2019 9:19am Dec 16, 2019 9:19am
Quoting Tekin
{quote} cheers. i closed half and remaining sl is at entry fighting to h1 moving avg now {image}
Naughty pound
  • #506,460
  • Dec 16, 2019 9:43am Dec 16, 2019 9:43am
1.3330 is becoming a hard ass support to break....
Extreme gut feeling trader
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