Cable Update (GBPUSD)

Quoting albchr

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{quote} Same S/R as the 30M with slightly lower on 15M. Lets see if it holds. {image} 1H also {image}

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Quoting Ck87

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{quote} Unfortunately for the bears GBP always comes back up…. this time though we are dealing with rejection of a very powerful Pivotal Point… so maybe this can be the start of a few 100 pip downswing

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Quoting albchr

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{quote} Let's wait and see. I'm working from the 30M and 1H but so far, the test on the 15M looks good so a "little" more evidence of bear so far. Project, wait, react. Just my humble approach. {image}

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Quoting PoundTrader

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im short again at 1.7019, t/p 1.6778, s/l will be open do to system rules, hopefully this will break this week

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Quoting albchr

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{quote} Possibility {image}

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Quoting albchr

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{quote} Projection - Check Waiting - Check Reaction - Check 15M is weak confirm but enough for me to risk a couple pips to see. short added 69986. Tight mental stop above 15M high. Still targeting 6930. {image}

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Quoting albchr

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{quote} Projection - Check Waiting - Check Reaction - Check 15M is weak confirm but enough for me to risk a couple pips to see. short added 69986. Tight mental stop above 15M high. Still targeting 6930. {image}

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Quoting albchr

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{quote} Projection - Check Waiting - Check Reaction - Check 15M is weak confirm but enough for me to risk a couple pips to see. short added 69986. Tight mental stop above 15M high. Still targeting 6930. {image}

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Quoting elbert3

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{quote} morning Al ,, hope all is ok not been on thread since friday night , i will catch up later just in and out,,friday late afternoon went long to 26 then short order filled open sl as trade looked short to me on my ema set up just looked and all ok 6996 added {image} target for now untill a pull back 6928 which is the 20 ema on the day chart{image} possible target if it stays short

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Quoting albchr

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{quote} Good morning E. Yes, I have also been away a bit. Probably will be in the coming days/weeks as well. Things with mom. Let's see where she wants to go ... eh?

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Quoting albchr

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{quote} Good morning E. Yes, I have also been away a bit. Probably will be in the coming days/weeks as well. Things with mom. Let's see where she wants to go ... eh?

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Quoting elbert3

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{quote} ok Al i have just had a quick read of a few bits i hope all is well or ok,, as ok as things can be in life ,, ? will catch up later i have a few problems to,, ?? nothing that a kick up somebody's arse wont sort lol ?

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Quoting elbert3

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{quote}{image} it might range for a bit until the 1 hour emas come down then the bottom x,, if it gets there could be a nice buy area,, thats it i have to go gl all,,

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Quoting albchr

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{quote} 30M test held. Now we see what's what. Up or down. {image}

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Quoting Bones

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I think odds are down today Chris and am monitoring same set up , conflict of momentum on h1 ,if its bear could take a little while to wear down the bullish number {quote} {image} {image}

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Quoting navk

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{quote} US news does not seem to have much of importance compared to karney's clues again. The positive clue is already priced. Any negative speech could push the price down to 1.6920.

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