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Cable Update (GBPUSD)

  • #432,761
  • Jun 19, 2016 4:12pm Jun 19, 2016 4:12pm
Isnt the theory the gap always has to be filled?
  • #432,762
  • Jun 19, 2016 4:13pm Jun 19, 2016 4:13pm
Quoting el_duende
Isnt the theory the gap always has to be filled?
After referendum...
Try don't lose pants never...
  • #432,763
  • Jun 19, 2016 4:14pm Jun 19, 2016 4:14pm
Quoting braintheboss
{quote} After referendum...
So a Brexit win then if this gap isnt filled in the next 3 days?
  • #432,764
  • Jun 19, 2016 4:18pm Jun 19, 2016 4:18pm
So everyone is long for now until referendum?
  • #432,765
  • Jun 19, 2016 4:19pm Jun 19, 2016 4:19pm
I think it should at least make an attempt to close 120 pip gap
  • #432,766
  • Jun 19, 2016 4:20pm Jun 19, 2016 4:20pm
approaching a wall of resistance
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDDaily.png Size: 32 KB
Click to Enlarge Name: GBPUSDDaily1.png Size: 33 KB
Click to Enlarge Name: GBPUSDWeekly.png Size: 25 KB
Click to Enlarge Name: GBPUSDMonthly.png Size: 30 KB
Come with me if you want to live....
  • #432,767
  • Jun 19, 2016 4:28pm Jun 19, 2016 4:28pm
Yep lots of resistance including the weekly pivot R1. I've hit a short at 1.4480 and targeting the gap.

See how it pans out with a tight stop.
  • #432,768
  • Jun 19, 2016 4:39pm Jun 19, 2016 4:39pm
Quoting Ill-b-back
approaching a wall of resistance {image} {image} {image} {image}
Potentially difficult to go far northward. A retest of the immediate daily resistance zone which is confluent with a 4-h resistance zone may open the way for a northward move; otherwise a bearish move to fill the gap may be in the cards.
Do your homework, follow the footprints of smart money
  • #432,769
  • Jun 19, 2016 4:51pm Jun 19, 2016 4:51pm
Quoting el_duende
{quote} So a Brexit win then if this gap isnt filled in the next 3 days?
Nobody knows but this bullish moment seem big boys are getting positions for good shorts. But with those guys scam us every day we will see what is the surprise at referendum...
Try don't lose pants never...
  • #432,770
  • Jun 19, 2016 5:04pm Jun 19, 2016 5:04pm
#GBPUSD short 1.4465 / SL 1.4516 / C 1.4395....... PA over extended so im shorting
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd 6-19-16 gann grid.png Size: 113 KB
"W. D. Gann said that time is the most important factor among all things."
  • #432,771
  • Jun 19, 2016 5:12pm Jun 19, 2016 5:12pm
Quoting USDollar
#GBPUSD short 1.4465 / SL 1.4516 / C 1.4395....... PA over extended so im shorting {image}
At 1.45100 you have gap at W1
Try don't lose pants never...
  • #432,772
  • Jun 19, 2016 5:20pm Jun 19, 2016 5:20pm
Nice drop
  • #432,773
  • Jun 19, 2016 6:04pm Jun 19, 2016 6:04pm
@ Fader123...
Nice drop .. ???
  • #432,774
  • Jun 19, 2016 6:25pm Jun 19, 2016 6:25pm
gusd.....my PTZ
Attached Image (click to enlarge)
Click to Enlarge Name: GUSD PTZ 20 JU 16.PNG Size: 110 KB
Say something meaningful or Silence!!
  • #432,775
  • Jun 19, 2016 6:29pm Jun 19, 2016 6:29pm
Quoting ServerUang
@ Fader123... Nice drop .. ???

Yes - got 35 pips on the drop shortly after the market opened

Here's my trade
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 53 KB
  • #432,776
  • Jun 19, 2016 6:39pm Jun 19, 2016 6:39pm
ohh.. good Fader123... I got minus 35 pips, sell from 1.4469...
  • #432,777
  • Jun 19, 2016 6:45pm Jun 19, 2016 6:45pm
gaps are not always filled
money ain't shit,i'm the shit..
  • #432,778
  • Jun 19, 2016 7:00pm Jun 19, 2016 7:00pm
Quoting roadtogo
gaps are not always filled
Not always right away. It might take days even weeks maybe months
  • #432,779
  • Jun 19, 2016 7:04pm Jun 19, 2016 7:04pm
What a beautiful day .........
Got 110 pip this morning
Attached Image (click to enlarge)
Click to Enlarge Name: 11 pip.png Size: 74 KB
  • #432,780
  • Jun 19, 2016 7:12pm Jun 19, 2016 7:12pm
This gap will probably fill before the close today....if not today then before the week is over. Normally its 3 to 5 days...but we are not in normal trade conditions.

BTW did you guys read about the petition to NOT hold the referendum?
I may not be right...BUT, I am never wrong
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