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Cable Update (GBPUSD)

  • #437,721
  • Aug 24, 2016 9:56am Aug 24, 2016 9:56am
shooting star is single candle there are more reliable candles ,a general statement of wicks are very important is true id say

Quoting Mayly-May
{quote} 400 point to 1.33xx mission complete but i'm closed lol happy profit i don't see any signal or system to sell now maybe seller need to wait a "shooting star formation frist" when the graph slow glowing the end of trend must be shooting star 95% {image} Now buy scalping i really work for play this time (with sl)
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  • #437,722
  • Aug 24, 2016 9:58am Aug 24, 2016 9:58am
x
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Click to Enlarge Name: eur USD d1 (DFB).png Size: 23 KB
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  • #437,723
  • Aug 24, 2016 10:01am Aug 24, 2016 10:01am
Setup EURGBP. Whats your opinion? Bones
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  • #437,724
  • Aug 24, 2016 10:03am Aug 24, 2016 10:03am
Quoting pointlessfor
long 3247 long
3247 closed
  • #437,725
  • Aug 24, 2016 10:19am Aug 24, 2016 10:19am
hi I would not buy eur ,id say the target is high depending how long you got ,but always go with your own work

Quoting Afarensis
Setup EURGBP. Whats your opinion? Bones {image}
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #437,726
  • Aug 24, 2016 10:22am Aug 24, 2016 10:22am
i show you what I mean ,to hit target you have to change the weekly ,including open
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  • #437,727
  • Aug 24, 2016 10:29am Aug 24, 2016 10:29am
Quoting Luther
{quote} Look at the Weekly. Last week's attempt at the bottom made a higher low than the first week of July. It's still thin summer market so we aren't getting much commitment for a larger move, but if price can get above 1.3360 my target would be 1.3660. Everyone is positioning ahead of the Jackson Hole, which should give us medium term direction.
As the Cable has already crossed 1.3250 we can hope for the next targets at the levels of 1.3350 to 1.3400 in the coming days
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  • #437,728
  • Aug 24, 2016 10:30am Aug 24, 2016 10:30am
yes is not a nice weekly candle
  • #437,729
  • Aug 24, 2016 10:32am Aug 24, 2016 10:32am
tp got hit. I think 3350 will be hit very very soon


http://www.forexfactory.com/showthread.php?t=603940
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I'm high on trading, cant you tell?
  • #437,730
  • Aug 24, 2016 10:36am Aug 24, 2016 10:36am
closed @ 1.3230
  • #437,731
  • Aug 24, 2016 10:37am Aug 24, 2016 10:37am
Perhaps this is the correct bearish crab. The earlier post was too early. I should realised that the top tip should reach ~161.8
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  • #437,732
  • Aug 24, 2016 10:38am Aug 24, 2016 10:38am
Quoting nafham
Perhaps this is the correct bearish crab. The earlier post was too early. I should realised that the top tip should reach ~161.8 {image}
How do we trade this sir
I'm high on trading, cant you tell?
  • #437,733
  • Aug 24, 2016 10:42am Aug 24, 2016 10:42am
Quoting Sammih
{quote} How do we trade this sir
its explained in the white square corner bottom.
  • #437,734
  • Aug 24, 2016 10:42am Aug 24, 2016 10:42am
today is wed ,it will be bearish and the open wont change ,I'm confident to say this from that

Quoting Afarensis
yes is not a nice weekly candle
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  • #437,735
  • Aug 24, 2016 10:44am Aug 24, 2016 10:44am
GU need break Resistence & divergence 1h
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  • #437,736
  • Aug 24, 2016 10:45am Aug 24, 2016 10:45am
Quoting nafham
{quote} its explained in the white square corner bottom.
SL? TP?
I'm high on trading, cant you tell?
  • #437,737
  • Aug 24, 2016 10:45am Aug 24, 2016 10:45am
Quoting Dr.Phoenix
{quote} Thanks, PowerTrade. I must say GU is a new pair to me; I like trade EU mostly. I have found that succesfully trading both pairs, doing it intraday, is impossible. Right now I have a difficult situation on EU, so I must dissolve it out. Best D.P.
You're welcome and why to the bolded?

Quoting HaLBot
{quote} We have been in a bull trend since 15th of August and I'm not going to try and predict where it will fail, if there is some political will from the people in power to fight to keep Britain afloat then I see 1.2800 as the bottom. If they give up and accept defeat then Cable could just keep heading south to it's all time low in 1985 of 1.0400..... I'd like to see it get to either 3370 or 3480 before pulling back 200 to 300 pips...depends on Fundamentals for those kinds of moves..
Thanks for another insight

Quoting HaLBot
{quote} Also looking at Daily chart I think the downtrend started earlier than that......at 1.7186 on 14th July 2014 Just think some Canny trader out there probably held or is still holding a short position on Cable since that day....
And I bet there is one, I'd like to be one of these one day!

Quoting Luther
{quote} Look at the Weekly. Last week's attempt at the bottom made a higher low than the first week of July. It's still thin summer market so we aren't getting much commitment for a larger move, but if price can get above 1.3360 my target would be 1.3660. Everyone is positioning ahead of the Jackson Hole, which should give us medium term direction.
I swear that I hadn't seen weekly the way you do until now, I'll be looking into it.

Quoting Sammih
tp got hit. I think 3350 will be hit very very soon http://www.forexfactory.com/showthread.php?t=603940 {image}
I've got to much to learn yeat, with the last 20 pips red candle, I was thinking about shorting, I just wanted another candle and some others indicators to confirm, but you're not even considering this.
A good strategy for trading is... the opposite of having a bad strategy.
  • #437,738
  • Aug 24, 2016 10:46am Aug 24, 2016 10:46am
Quoting Afarensis
GU need break Resistence & divergence 1h {image}
food for thought
I'm high on trading, cant you tell?
  • #437,739
  • Aug 24, 2016 10:50am Aug 24, 2016 10:50am
short @ 1.32266
A good strategy for trading is... the opposite of having a bad strategy.
  • #437,740
  • Aug 24, 2016 10:50am Aug 24, 2016 10:50am
Quoting PowerTrade
{quote} You're welcome and why to the bolded? {quote} Thanks for another insight {quote} And I bet there is one, I'd like to be one of these one day! {quote} I swear that I hadn't seen weekly the way you do until now, I'll be looking into it. {quote} I've got to much to learn yeat, with the last 20 pips red candle, I was thinking about shorting, I just wanted another candle and some others indicators to confirm, but you're not even considering this.
I think we might be looking at different time frames. Im looking at the daily candle.
I'm high on trading, cant you tell?
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