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Cable Update - Continued 61 replies

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Attachments: Cable Update (GBPUSD)
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Cable Update (GBPUSD)

btw my chart is cleaner

Quoting Bones
the weekly says wind of change ,cable has much to do to be bullish {quote} {image}
#doyourownanalysisordietryin
Quoting Bones
btw my chart is cleaner {quote}
may be next ?
Attached Image (click to enlarge)
Click to Enlarge Name: nzd usd USD (DFB).png Size: 21 KB
#doyourownanalysisordietryin
Quoting Bones
the weekly says wind of change ,cable has much to do to be bullish {quote} {image}
thank you bones for sharing your chart and view with us, yes really cleaner
GU 1H

Post Carney Chart


Channel Down confirms -> Intraday Oversold conditions forecast a rebound
S/R demonstrated
Attached Image (click to enlarge)
Click to Enlarge Name: GU 1H.png Size: 32 KB
Quoting Bones
may be next ? {image}
Holding short from 0.8745, it should break at first 0.8616 (61.8 fib level) and then 0.8604 (latest low) for going to my first target 0.8575 and second one 0.8540.
I have 2 important lines on my chart too, 0.8515 and 0.8472
Quoting JimmyC
GU 1H Post Carney Chart Channel Down confirms -> Intraday Oversold conditions forecast a rebound S/R demonstrated {image}
Totally agree Jimmy! Very nice channel I'm seeing the same as you
Quoting AllyB
dustbin levels {image}
not happy with the 40 pip levels. too far apart for the PA that we are getting on GU and if a dustbin takes more than 15 min. it's not good.

will keep experimenting with it
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdm5.png Size: 53 KB
Quoting Red Alert
EUR/GBP entering oversold area for daily TF, check RSI value on daily TF....it still need to be verified how PA behave on that area, reversal pattern etc, if EUR/GBP bounced from low : we have some possibility: - GU drop faster than EU - GU making pullback and cable steady - EU climbing faster than GU good luck
and then poundsterling getting down again after news
Still looks bullish to me, but then again what do I know?
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusddaily.png Size: 33 KB
Quoting bimarpradana
Analysis for GBP / USD today From my picture on H4 TF seen that the price of the currency pair GBP / USD has formed a descending pattern (High-Low-Lower High - Lower Low). In statistical measurements using moving average we see that the price play below the moving average weekly and monthly periods, the tendency is still down direction. Perhaps news of UK zone this afternoon could make the currency pair GBP / USD is getting down. strategy : looking for short positions as closely as possible the level of 1.6900 and a stop loss placed above the 1.6937...
wrong quote above lol,,,, i mean, i want quote my own analysis that i wrote at tokyo session market today
Quoting AllyB
{quote} not happy with the 40 pip levels. too far apart for the PA that we are getting on GU and if a dustbin takes more than 15 min. it's not good. will keep experimenting with it {image}
Trying these now...

Off Pivot

Attached Image (click to enlarge)
Click to Enlarge Name: GU M5 Dustbin.png Size: 24 KB
Its is not going to touch 1.7000 level

SELL GBPUSD

Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdweekly.png Size: 42 KB

Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdmonthly.png Size: 39 KB
Closed my shorts in profit.
Will be looking for longs.watching 67 for strong bounce if it gets there.
In trading, you have to be defensive and aggressive at the same time
Quoting Davit
Closed my shorts in profit. Will be looking for longs.watching 67 for strong bounce if it gets there.
...
Ghost Rider - WWTBMD?
Quoting JimmyC
{quote} Trying these now... Off Pivot {image}
I am with ya on that
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdm5.png Size: 35 KB
Quoting Davit
Closed my shorts in profit. Will be looking for longs.watching 67 for strong bounce if it gets there.
Not critisizing Davit, but I thought you were a position trader, I thought you were going to hold your shorts for a long time
Congrats for the profits!
Quoting Carlicus
{quote} Not critisizing Davit, but I thought you were a position trader, I thought you were going to hold your shorts for a long time Congrats for the profits!
I am a swing trader.Always have been.My swing is over.I was selling in uptrend and uptrend is still intact.You got to get out when counter trading..
HDA is position trader for example and he has been long since 1.48.
REgards
In trading, you have to be defensive and aggressive at the same time
Quoting Davit
{quote} I am a swing trader.Always have been.My swing is over.I was selling in uptrend and uptrend is still intact.You got to get out when counter trading.. HDA is position trader for example and he has been long since 1.48. REgards
Yeah, it's true, it's better to get out fast enough when counter trading!
Quoting Carlicus
{quote} Yeah, it's true, it's better to get out fast enough when counter trading!
Over 300pips profit is not "fast" but sufficient to me.
In trading, you have to be defensive and aggressive at the same time
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