Cable Update (GBPUSD)

Ah I know what you mean, it is an app called "Iris", it regulates the color of your monitor to remove blue light and better adjust brightness and protect your eyes, there are lots of presets and manual calibration too.

Here:

http://iristech.co/


Used to be free. But you can find it for "Free" at that bay.

Alternatively, you can get those glasses here, I use them too:

https://www.amazon.com/Over-Light-Bl...322182&sr=8-10

https://www.amazon.com/Uvex-Blocking...8322283&sr=8-1

W/e Summary

Mthly, still looking more rangy - bullish than anything with 2 x HL's (2074 & 2675) and what will become a fractal H when it prints with an upside breech of the multi year falling wedge top. 85% of 3mth amr covered so far this mth.

Wkly candle will very likely close bullishly and this t/f remains in a general fractal uptrend with 5 x HL's now - last being 3134. 145% of the 13 week awr covered this week.

Dly Looking at the dly candle which closes in less than 2hrs, fair to assume it will close bearishly - only question is whether it will be bearishly engulfing of the previous (thursday's dly candle) or not. 99.5% of 30 day adr covered on friday. The t/f remains in a general fractal uptrend.

4hr remains in a general fractal uptrend too.

It remains all about the brexit trade deal (or not) and could well be moved by any reaction to a U.s stimulus, as well as the scheduled, and any unscheduled event risks in the run in to the Xmas break. Another factor discussed earlier in the thread is the potential for thin liquidity (and erratic moves as a possible result) as the main trading centres wind down for xmas/n.year although this may not be as other years re the two known main fundie/macro themes at play and mentioned above, nearing conclusions ?

I think the technicals 4hr+ belie the fundamentals right now, ie although it appears a bullish scenario/bias re the uptrends 4hr + there is potentially a very big downside mover on the horizon in the shape of a no deal brexit. £ reacted favourably to the news last w/e of the talks extension but the mood music again turned more negative on Thursday with Johnson again warning that a no-deal is more likely at this stage and Barnier/Von der Layen echoing some of his rhetoric and tone. £ has clearly positioned itself for a deal and has not sold off too violently (from 3624 yrly hi) on Thursday's latest update.

Have a good w/e all.

wkly below.

flux do the same and it's free
https://justgetflux.com/

Took a small long for the weekend on 1.3505, im expecting further move north to at least 1.37
I dont think they’ll announce the outcome of deal no deal during the weekend

Not as good as Iris, though. Flux is very very limited in customization.

So I got home an hour ago and was reviewing the day, there were a couple more trading opportunities I can see unfolded, annotated the chart.

Daily chart looks like it is completing an upthrust of the important resistance again ( upthrusted a couple of days ago, but not very "textbook" in appearance, and did not follow through, we would expect price going down and taking out the previous swing low). If price closes below resistance, there is a good chance of a deep retracement in the next days.

I saw a couple of shorting opportunities and then a couple of buying opportunities at yesterday low again:

Nanny P,

Gonna bend & cave w/the Turkey Gobbler, Mitch McConnel...
6pm news Conference. (I don't care who's side you're on).

I just wanna know if Mnuchin is gonna roll the printing presses,
and get some Ducket$ out & printed, inflating & thereby 'weakening' the worth of 'said', Dollar.
-But that won't happen 'till 6pm.
We shall see...
For those interested:

In my mind, A, B and C are near certainties.

micro account...so thats basically $2

ok , that enough for today .
all out !!!
not the profit i counted on , but i can live with that , money it's money

Good Job, I missed my SM shorts at 3620 and 3614, you saw that post =)

hope this help....

lol - what go on?!!!! nice close.

Haha i was wondering myself, it seems someone wanted me to sleep happy with my 1.3505 long

What a luck hit my long tp of 1.35200 on the last 5mins candle of the day.... now i can sleep in peace......

yes - same. good end to a rather sheet week of trading from me.

1.3320 this year closing price

(Just a guess for fun)

T.S

Well nice longs as expected from the old SM longs since Thursday, think the bull still can continue

got out IN TIME Moty

Just having fun..

leave your comments

thanks