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Cable Update (GBPUSD)

  • #422,841
  • Edited 8:51am Jan 30, 2016 8:27am | Edited 8:51am
Quoting Ll1979
My view of the market H4 GBPUSD recently broke above TL 1 and testing it twice since. Unfortunately the wig (made of TL2 + TL3) didn't hold ground. resistance 1,424 area 1,4336 support 1,4208-ish 1,4152 Leat but not least keep an eye on the rsi since it did a decent job on the past support and resistance wise. {image}
hi interesting this is what i have been working on,it might look a bit complicated and sometimes yoy can get false out moves so play it tight sl, the problem one has is the belief it should go,,, lets say short on the tl break and it goes long for a few more pips than your sl then goes the way you expect it,
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so in theory the price goes short ?? 55 also being a res line ?? for now, if it goes short then put in the tl on the way down if that all makes any sence. Regards E
  • #422,842
  • Jan 30, 2016 8:43am Jan 30, 2016 8:43am
Quoting Ll1979
My view of the market H4 GBPUSD recently broke above TL 1 and testing it twice since. Unfortunately the wig (made of TL2 + TL3) didn't hold ground. resistance 1,424 area 1,4336 support 1,4208-ish 1,4152 Leat but not least keep an eye on the rsi since it did a decent job on the past support and resistance wise. {image}
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4 hour the last 5 min should give direction using both charts
  • #422,843
  • Jan 30, 2016 9:04am Jan 30, 2016 9:04am
im on bulls side for now, got long
will try to short on .473x if we get there
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Time is your friend; impulse is your enemy.
  • #422,844
  • Jan 30, 2016 9:04am Jan 30, 2016 9:04am
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Hi Boss,, lol last one make of them as you please it is only my opinion , thats me it will be of interest next week, if ???? Regards E , Mr S
  • #422,845
  • Jan 30, 2016 9:09am Jan 30, 2016 9:09am
Quoting elbert3
{quote} {image} 4 hour the last 5 min should give direction using both charts
Morning B, been looking at the monthly.

You know how I roll jelly roll, but you got some nice charts, so I post one here. There is more, but you know.....Hint, she did stop on Friday where she should.....
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The world you desire can be won. It exists.. it is real.. it is possible..
  • #422,846
  • Jan 30, 2016 9:17am Jan 30, 2016 9:17am
Quoting elbert3
{quote} {image} 4 hour the last 5 min should give direction using both charts
Nice charts elbert! Trendlines are wonderfull certainly in combination with fibonacci.
persistence and determination alone are omnipotent
  • #422,847
  • Jan 30, 2016 9:17am Jan 30, 2016 9:17am
Quoting Mr. Scott
{quote} Morning B, been looking at the monthly. You know how I roll jelly roll, but you got some nice charts, so I post one here. There is more, but you know.....Hint, she did stop on Friday where she should..... {image}
Morning Boss just been next door to your place , and flipped the weekly into month and it as we know the same but more clear look, regards B
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  • #422,848
  • Jan 30, 2016 9:32am Jan 30, 2016 9:32am
Quoting elbert3
{quote} Morning Boss just been next door to your place , and flipped the weekly into month and it as we know the same but more clear look, regards B{image}
Nice charting B. They seem to have gotten better. Hmmmm.... So off the wine? Or lots of wine leads to clear mind? I agree with your 133x target but you should have one before?
The world you desire can be won. It exists.. it is real.. it is possible..
  • #422,849
  • Jan 30, 2016 9:36am Jan 30, 2016 9:36am
Quoting Mr. Scott
{quote} Nice charting B. They seem to have gotten better. Hmmmm.... So off the wine? Or lots of wine leads to clear mind? I agree with your 133x target but you should have one before?
Thanks lol clear today wine is for night time, lol and 2 hours to go, roll on,,have a good weekend, lets see what goes on next week, Regards B
  • #422,850
  • Jan 30, 2016 10:22am Jan 30, 2016 10:22am
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eur order
  • #422,851
  • Jan 30, 2016 10:36am Jan 30, 2016 10:36am
Quoting elbert3
{image} eur order

Nice! Didn 't see that other trendline crossing the lower trendline

support rsi, support trendline and bounced from fib 88.6

http://www.forexfactory.com/showthre...82#post8721682
persistence and determination alone are omnipotent
  • #422,852
  • Jan 30, 2016 5:49pm Jan 30, 2016 5:49pm
Quoting Ll1979
{quote} Nice! Didn 't see that other trendline crossing the lower trendline support rsi, support trendline and bounced from fib 88.6 http://www.forexfactory.com/showthre...82#post8721682
thanks regards.E
  • #422,853
  • Jan 31, 2016 2:02pm Jan 31, 2016 2:02pm
Great technical opportunity look on the gbpusd beginning of this week which opens in less than 2 hours.
I have price on the 38.2% retracement at 1.4250 while daily bear trend is still intact. It would be a good opportunity for some short orders if 1.4250 successfully reject the rally while GBP remain dovish after last week "no hike" comments.
Good luck.
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Original idea on TradingView today
https://www.tradingview.com/chart/GB...nical-Outlook/
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_____________________
also on TradingView @FXSayWhat
If u luv happiness, start w/ discomfort, make friends w/ pain and failure.
100 Hits 0 Miss All Time Return: 35.8%
  • #422,854
  • Jan 31, 2016 2:26pm Jan 31, 2016 2:26pm
https://www.efxnews.com/story/31819/...n-3z5c.twitter

http://news.forexlive.com/!/bojs-mov...icole-20160131
  • #422,855
  • Jan 31, 2016 2:55pm Jan 31, 2016 2:55pm
Potential Zigzag pattern is forming on Cable H4, I'm currently bullish.
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  • #422,856
  • Jan 31, 2016 3:22pm Jan 31, 2016 3:22pm
http://www.forexfactory.com/showthre...28#post8722828


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>> Quinton’s Simple & Effortless Trading thread
  • #422,857
  • Jan 31, 2016 3:33pm Jan 31, 2016 3:33pm
http://news.forexlive.com/!/latest-p...he-eu-20160130

Brexit go to hell
  • #422,858
  • Jan 31, 2016 3:44pm Jan 31, 2016 3:44pm
Good evening all brit x ...???? One could look at it as a house,the house was built a long time ago and just like an old house it is now in need of refurbishment ?? 1. Do we pull the house down and rebuild , or do we go to the builder and strike a deal to refurbish it ?
  • #422,859
  • Jan 31, 2016 4:05pm Jan 31, 2016 4:05pm
Exciting week ahead for us.
  • #422,860
  • Jan 31, 2016 10:15pm Jan 31, 2016 10:15pm
Closed buy on 40 pips.
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