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Cable Update (GBPUSD)

  • #428,681
  • Apr 17, 2016 2:26pm Apr 17, 2016 2:26pm
4090 is a logical target for the bears on the downside.
  • #428,682
  • Apr 17, 2016 2:26pm Apr 17, 2016 2:26pm
Quoting asgcorp
{quote} london open
thought so thanks
Come with me if you want to live....
  • #428,683
  • Apr 17, 2016 2:28pm Apr 17, 2016 2:28pm
yeah bro it's an interesting deal on EU. I didn't notice that it gapped up. Looks like it's at parity in terms of strength now with USD on H4. Dollar 6/10 EU 6/10 and GU is a freaking beast 1/10
  • #428,684
  • Apr 17, 2016 2:30pm Apr 17, 2016 2:30pm
Quoting Don96
{quote} not doing too badly with GBP pairs, got GBP/JPY nailed last week... ill be shorting until above 1.4250, if it isn't taken, 1.3960 we have, and then x2 would be exactly in line with a double bottom, think we may need 1.457x on my prev post to get lower than this (1.34xx/1.3xxx)
I hope we get back there and isn't straight down from here, technically I may have 1.377x as a normal target, providing we don't get h4 closes above and confirm 1.4257, ill short from 1.42, hopefully above that by morning, and finally from 1.423x for best risk reward, circumstances change etc etc, and again I'm probably wrong
  • #428,685
  • Apr 17, 2016 2:30pm Apr 17, 2016 2:30pm
Quoting asgcorp
yeah bro it's an interesting deal on EU. I didn't notice that it gapped up. Looks like it's at parity in terms of strength now with USD on H4. Dollar 6/10 EU 6/10 and GU is a freaking beast 1/10
I don't understand those numbers
Come with me if you want to live....
  • #428,686
  • Apr 17, 2016 2:36pm Apr 17, 2016 2:36pm
guys NZDUSD potentially looks interesting if manages to maintain current levels.
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  • #428,687
  • Apr 17, 2016 2:36pm Apr 17, 2016 2:36pm
Quoting Ill-b-back
{quote} I don't understand those numbers
strength based on scale 1 to 10.
  • #428,688
  • Apr 17, 2016 2:38pm Apr 17, 2016 2:38pm
Quoting asgcorp
{quote} strength based on scale 1 to 10.
ok thanks, is that an official scale measured somewhere? I don't know much beyond what I track on my chart
Come with me if you want to live....
  • #428,689
  • Apr 17, 2016 2:39pm Apr 17, 2016 2:39pm
any takers on this one guys?
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  • #428,690
  • Apr 17, 2016 2:41pm Apr 17, 2016 2:41pm
GCAD gap 120 points wide atm
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  • #428,691
  • Apr 17, 2016 2:42pm Apr 17, 2016 2:42pm
the broker won't make it easy though.
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  • #428,692
  • Apr 17, 2016 2:45pm Apr 17, 2016 2:45pm
My take on GU

I think the GCAD gap is a function of CAD not GBP

see UCAD
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Come with me if you want to live....
  • #428,693
  • Apr 17, 2016 2:48pm Apr 17, 2016 2:48pm
Quoting Ill-b-back
{quote} ok thanks, is that an official scale measured somewhere? I don't know much beyond what I track on my chart
it's like this one here bro, it aint official there are all kinds of varieties
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  • #428,694
  • Apr 17, 2016 2:49pm Apr 17, 2016 2:49pm
Quoting Ill-b-back
My take on GU I think the GCAD gap is a function of CAD not GBP see UCAD {image} {image} {image}
that's true all Im saying is that gap fill stats are in favor that this gap will be filled at some stage during the trading session
  • #428,695
  • Apr 17, 2016 2:52pm Apr 17, 2016 2:52pm
Quoting asgcorp
the broker won't make it easy though. {image}
​although gaps get filled often, its not always on the same day, for example the BoJo gap down on GU, carried on going for a while until 16 days later when it was filled
  • #428,696
  • Apr 17, 2016 2:53pm Apr 17, 2016 2:53pm
Quoting asgcorp
any takers on this one guys? {image}
​I like these stats, cheers
  • #428,697
  • Apr 17, 2016 2:55pm Apr 17, 2016 2:55pm
GU looks like taking out supporting TL now
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  • #428,698
  • Apr 17, 2016 2:56pm Apr 17, 2016 2:56pm
Quoting Don96
{quote} ​I like these stats, cheers
think I might short sell this mofo also )) Just will wait what GU does with the TL above. Won't do it big probably a small lot trade.
  • #428,699
  • Apr 17, 2016 3:06pm Apr 17, 2016 3:06pm
with that gap down on H4 and with this fork GU suddenly doesn't look that stellar at all.
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  • #428,700
  • Apr 17, 2016 3:15pm Apr 17, 2016 3:15pm
lol left my open short positions before weekend on gbpjpy, usdjpy , they tanking too , low volume now these gaps can be filled later on.
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