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Cable Update (GBPUSD)

  • #437,021
  • Aug 17, 2016 10:33am Aug 17, 2016 10:33am
Quoting v2vboni
{image}
EURUSD respecting the fibo 100 %
in 23 minutes down 30 pips
Attached Image (click to enlarge)
Click to Enlarge Name: eur01.JPG Size: 93 KB
  • #437,022
  • Aug 17, 2016 10:47am Aug 17, 2016 10:47am
I think GBPUSD is going down at least to 2800.

EURGBP aint stopping until reaching 8800.

GBPUSD COT is supporting my analysis. Huge separation between commercial and large speculators.
  • #437,023
  • Aug 17, 2016 10:54am Aug 17, 2016 10:54am
Quoting hilmy83
I think GBPUSD is going down at least to 2800. EURGBP aint stopping until reaching 8800. GBPUSD COT is supporting my analysis. Huge separation between commercial and large speculators.
yes gu up
  • #437,024
  • Aug 17, 2016 11:04am Aug 17, 2016 11:04am
in long - going up are we going to break the 3050?
Striving for consistency
  • #437,025
  • Aug 17, 2016 11:05am Aug 17, 2016 11:05am
Quoting Wdfx
in long - going up are we going to break the 3050?
3100
  • #437,026
  • Aug 17, 2016 11:08am Aug 17, 2016 11:08am
No major reaction to the FOMC
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD 1H 170816.JPG Size: 148 KB
Striving for consistency
  • #437,027
  • Aug 17, 2016 11:10am Aug 17, 2016 11:10am
Quoting el_duende
Ive cashed in my chips for +75. I suspect this will go higher, looking for a new entry point at around 1.2995
Long entry @ 1.2992 targeting weekly pivot R2. 1.3160.

From what I read of the minutes US will not be raising rates any time soon unless inflation target of 2% is met.
  • #437,028
  • Aug 17, 2016 11:11am Aug 17, 2016 11:11am
Through 3050 now 3100?
Striving for consistency
  • #437,029
  • Aug 17, 2016 11:20am Aug 17, 2016 11:20am
1.33 48Hr...
  • #437,030
  • Aug 17, 2016 11:21am Aug 17, 2016 11:21am
i'm selling with the large traders. Hell if i lose money, i can say, hey we tried lol

SELL SELL SELLLLLL
  • #437,031
  • Aug 17, 2016 11:23am Aug 17, 2016 11:23am
Quoting Mayly-May
{quote} thank you i'm long to
u welcome!

Quoting iamawaited
GU has found bottom on H1 but i am waiting for EGBP to hit the level in that circle before i can go long happily on GU martingale style. Else no trade for me.!! {image}
Still waiting around 0.871XX on EGBP to be hit before i can long GU martingale style..
Trading Eternal...... Shiny & Chrome!!!!
  • #437,032
  • Edited 12:17pm Aug 17, 2016 11:33am | Edited 12:17pm
For whose who believed the price went lower

Yes, the day has been very diffcult to undertsand, it has been mixed enough.
Below I can publish my thoughts that have allowed me to accumulate the position, adding some lots.

1st chart is the 1h chart. Here you could see how the Big Boys were accumulating positions. At the level of 1,3 we can see the testing UP bars (yellow arrows), which volumes were decreasing.

2nd chart is the 4H chart. Here you can see a bullish flag, which allowed me to continue making new hights.
The situation changed when I saw the candle marked with two red cycles. The feature is that the upper red cycle shows us the higher high. This was a clue that price would go higher, hot lower.

The third chart is that you can see on your screens.

Upcoming targets: 3128 (29) and higher, I think, now 3325 is very possible for us to see (Cable is not enthusiastic though for now).

Best
D.P.

P.S. I said before
Quoting Dr.Phoenix
Level 1,3 is being bought out... News might bring us to the lower levels but... might not. Best D.P.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbp5-1h-before.png Size: 56 KB
Click to Enlarge Name: gbp5-4h-before.png Size: 46 KB
Hunting High and Low
  • #437,033
  • Aug 17, 2016 11:36am Aug 17, 2016 11:36am
Quoting hilmy83
i'm selling with the large traders. Hell if i lose money, i can say, hey we tried lol SELL SELL SELLLLLL
not yet time to sell
  • #437,034
  • Aug 17, 2016 11:37am Aug 17, 2016 11:37am
Quoting Mayly-May
{quote} good work sammih near the tp you point congratulation
3116 coming up
I'm high on trading, cant you tell?
  • #437,035
  • Aug 17, 2016 11:41am Aug 17, 2016 11:41am
If current hourly candle closes above 3058, 3116 next target,no? 3178 next target, though not this week I think
Attached Image (click to enlarge)
Click to Enlarge Name: to.png Size: 57 KB
I'm high on trading, cant you tell?
  • #437,036
  • Aug 17, 2016 11:49am Aug 17, 2016 11:49am
one more leg up comming!!!!
  • #437,037
  • Aug 17, 2016 11:54am Aug 17, 2016 11:54am
it 's a long way to Tipperary
  • #437,038
  • Aug 17, 2016 11:58am Aug 17, 2016 11:58am
Still waiting to buy lower on GU and waiting for EGBP to touch its sweet spot up there!!!
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH190.png Size: 26 KB
Trading Eternal...... Shiny & Chrome!!!!
  • #437,039
  • Aug 17, 2016 11:58am Aug 17, 2016 11:58am
looks like time to sell
Come tomorrow, I'll wake up new
  • #437,040
  • Aug 17, 2016 12:04pm Aug 17, 2016 12:04pm
Quoting iamawaited
Still waiting to buy lower on GU and waiting for EGBP to touch its sweet spot up there!!! {image}
gift from me..

http://prntscr.com/c6zi2t
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