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Cable Update (GBPUSD)

  • #507,861
  • Jan 7, 2020 10:39pm Jan 7, 2020 10:39pm
Quoting KeenPips
A break above the 1.31400 area is key. Otherwise you may expect a sideways or bearish behaviour of price action. Trade safe and prosper. KP {quote}
I concur. There is an old H1 swing average at 3140 and since yesterday's US session, the bulls have been unable to wrestle it. But they are looking good at the moment.
  • #507,862
  • Edited 11:08pm Jan 7, 2020 10:46pm | Edited 11:08pm
long in at 1.3134 first target 1.3147 then 1.3181

added at 1.3128
Don't trade what you think. Just what you see!!!
  • #507,863
  • Jan 7, 2020 11:02pm Jan 7, 2020 11:02pm
Attached Image (click to enlarge)
Click to Enlarge Name: New Doc 2020-01-08 08.56.46_1.jpg Size: 118 KB
yes yes yes
  • #507,864
  • Jan 7, 2020 11:28pm Jan 7, 2020 11:28pm
The bull run has started on M5 with the bull support established at 3125 (thanks to Nala66). Hope the Iranian brohaha does not disrupt it.
Attached Image (click to enlarge)
Click to Enlarge Name: GU M5 0801.png Size: 32 KB
  • #507,865
  • Jan 7, 2020 11:49pm Jan 7, 2020 11:49pm
might be slightly off topic, but would appreciate if someone can offer an explanation.
I can attribute the rise of GU to the Iran situation, but taking a look at the GC; GJ and UJ, it actually looks like the rise was led by a weakening JPY and CHF against the pound rather than a weakness of USD, would have thought that since Iran fired missiles earlier, safe haven currencies such as CHF; JPY and gold would be going up?
  • #507,866
  • Jan 7, 2020 11:56pm Jan 7, 2020 11:56pm
Quoting Bydyke
The bull run has started on M5 with the bull support established at 3125 (thanks to Nala66). Hope the Iranian brohaha does not disrupt it. {image}
This kind of run guarantees 50 pips. The run actually began at 3117 with the bull support (confirmation) at 3125.

I remain very grateful to Nala66, who taught me this concept and also to Aki (Akim0895) who also taught me the EMA aqua-coloured band that are on my charts
  • #507,867
  • Jan 8, 2020 12:20am Jan 8, 2020 12:20am
Attached Image (click to enlarge)
Click to Enlarge Name: New Doc 2020-01-08 10.19.24_1.jpg Size: 104 KB
yes yes yes
  • #507,868
  • Jan 8, 2020 12:24am Jan 8, 2020 12:24am
Quoting Moty
{image}
TP? ifeel you have capital very much.
  • #507,869
  • Jan 8, 2020 12:27am Jan 8, 2020 12:27am
Quoting Bydyke
{quote} This kind of run guarantees 50 pips. The run actually began at 3117 with the bull support (confirmation) at 3125. I remain very grateful to Nala66, who taught me this concept and also to Aki (Akim0895) who also taught me the EMA aqua-coloured band that are on my charts
The M5 average at 3138 has produced another bull support on the retrace and so the M5 run is resuming. 3180ish here we come, all things being equal
  • #507,870
  • Jan 8, 2020 12:36am Jan 8, 2020 12:36am
Quoting corongumet
{quote} TP? ifeel you have capital very much.
1.30700
Attached Image (click to enlarge)
Click to Enlarge Name: New Doc 2020-01-08 10.36.05_1.jpg Size: 99 KB
yes yes yes
  • #507,871
  • Jan 8, 2020 12:36am Jan 8, 2020 12:36am
Quoting Theoak
long in at 1.3134 first target 1.3147 then 1.3181 added at 1.3128
hey Theo
good to see you again
in wondering about yourself, you forgot what you came here to be part of
  • #507,872
  • Jan 8, 2020 12:38am Jan 8, 2020 12:38am
Pending Buy
3157
30 pip target

M5 && M30 timeframes
in wondering about yourself, you forgot what you came here to be part of
  • #507,873
  • Jan 8, 2020 12:39am Jan 8, 2020 12:39am
Quoting thevisitor
{quote} hope this helps {image}
hey TV, sorry late response.
Yes this helps !
thanx
in wondering about yourself, you forgot what you came here to be part of
  • #507,874
  • Edited 1:07am Jan 8, 2020 12:49am | Edited 1:07am
the price not likely to break 3115 in line with my 4 hr chart, 1 hr, 30 min and 15 min
Attached Image(s) (click to enlarge)
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Intraday only.
  • #507,875
  • Jan 8, 2020 12:50am Jan 8, 2020 12:50am
bought gbp 1.31510 sl will be decided later and tp also
  • #507,876
  • Jan 8, 2020 12:56am Jan 8, 2020 12:56am
Quoting greengp
bought gbp 1.31510 sl will be decided later and tp also
little bit grid here 1.31995 on the long
  • #507,877
  • Jan 8, 2020 1:00am Jan 8, 2020 1:00am
Quoting knkie
Pending Buy 3157 30 pip target M5 && M30 timeframes
triggered
30 pips or more coming
in wondering about yourself, you forgot what you came here to be part of
  • #507,878
  • Jan 8, 2020 1:01am Jan 8, 2020 1:01am
Quoting Bydyke
{quote} The M5 average at 3138 has produced another bull support on the retrace and so the M5 run is resuming. 3180ish here we come, all things being equal

The M5 bullish run that began at 3117 has clocked 50 pips and still counting
  • #507,879
  • Jan 8, 2020 1:02am Jan 8, 2020 1:02am
Quoting Theoak
long in at 1.3134 first target 1.3147 then 1.3181 added at 1.3128
Taken profit looking for retrace

This market is look very bulish now. I hope it does retrace, so I can join the party again!!!
Don't trade what you think. Just what you see!!!
  • #507,880
  • Jan 8, 2020 1:03am Jan 8, 2020 1:03am
Quoting greengp
{quote} little bit grid here 1.31995 on the long
clocked sl at 1.30939
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