Attachments: Cable Update (GBPUSD)

Cable Update (GBPUSD)

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#422,841
Edited 8:51am Jan 30, 2016 8:27am | Edited 8:51am

elbert3
Joined Dec 2013 | Status: Trader | 19,815 Posts

Quoting Ll1979

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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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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

elbert3
Joined Dec 2013 | Status: Trader | 19,815 Posts

Quoting Ll1979

Disliked

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}

Ignored

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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

ktoTam
| Joined Dec 2013 | Status: Trader | 280 Posts

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

elbert3
Joined Dec 2013 | Status: Trader | 19,815 Posts

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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

Mr. Scott
Joined Dec 2012 | Status: Trader | 8,124 Posts

Quoting elbert3

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{quote} {image} 4 hour the last 5 min should give direction using both charts

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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

Ll1979
Joined Dec 2008 | Status: Trader | 2,931 Posts

Quoting elbert3

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{quote} {image} 4 hour the last 5 min should give direction using both charts

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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

elbert3
Joined Dec 2013 | Status: Trader | 19,815 Posts

Quoting Mr. Scott

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{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}

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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

Mr. Scott
Joined Dec 2012 | Status: Trader | 8,124 Posts

Quoting elbert3

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{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}

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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

elbert3
Joined Dec 2013 | Status: Trader | 19,815 Posts

Quoting Mr. Scott

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{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?

Ignored

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

elbert3
Joined Dec 2013 | Status: Trader | 19,815 Posts

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eur order

#422,851
Jan 30, 2016 10:36am Jan 30, 2016 10:36am

Ll1979
Joined Dec 2008 | Status: Trader | 2,931 Posts

Quoting elbert3

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{image} eur order

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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

elbert3
Joined Dec 2013 | Status: Trader | 19,815 Posts

Quoting Ll1979

Disliked

{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

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thanks regards.E

#422,853
Jan 31, 2016 2:02pm Jan 31, 2016 2:02pm

FXSayWhat
Joined Oct 2013 | Status: Trader | 1,929 Posts

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

Dano12
Joined Nov 2012 | Status: Trader | 5,895 Posts

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

Dr.Zamani
| Joined Jan 2016 | Status: Trader | 4 Posts

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

Quinton
Joined Nov 2015 | Status: Profit Maker | 994 Posts

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

Darkforce
| Joined Feb 2011 | Status: Trader | 1,237 Posts

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

elbert3
Joined Dec 2013 | Status: Trader | 19,815 Posts

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