Cable Update (GBPUSD) | Page 22205 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

GBP/USD

Similar Threads

Cable Update - Continued 118 replies

Cable Update (GBP/USD) without Idiots 25 replies

cable short for gbpusd? 10 replies

Why is GBPUSD called cable? 76 replies

Cable (GBPUSD) vs Euro (EURUSD) 31 replies

Attachments: Cable Update (GBPUSD)
Exit Attachments

Cable Update (GBPUSD)

  • #444,081
  • Oct 18, 2016 5:36pm Oct 18, 2016 5:36pm
Quoting yuddy
Pls does anyone here knows when the UK Parliament will vote for the brexit tingy?
It is at the mo unclear if the parliament will have a vote in this, some try to get this decided by pressing charges against the new government, Mrs May has to give more info soon how she will proceed as the triggering of article 50 is scheduled for march 2017
  • #444,082
  • Oct 18, 2016 6:37pm Oct 18, 2016 6:37pm
You've seen where I stand on a technical point of view, but there's also a lot of this going on in Cable at the minute regarding news and rumours of parliamentary debates etc...Enjoy (I've edited it slightly ).
Attached Image (click to enlarge)
Click to Enlarge Name: buy buy.jpg Size: 450 KB
Ever stop to think, and forget to start again?
  • #444,083
  • Oct 18, 2016 8:46pm Oct 18, 2016 8:46pm
New Support 1.2258/60
Attached Image (click to enlarge)
Click to Enlarge Name: Pound.jpg Size: 297 KB
https://investizo.com/investment/view?server=1&login=2141779119
  • #444,084
  • Oct 18, 2016 8:59pm Oct 18, 2016 8:59pm
Quoting Peruvian80
Cable is to risky to trade now, long term is short, now is ranging between 1.2150-1.2350, since that 800 pips drop is so risky to be long here. this is in a fundamental mode news.
You are on point, i am in your world too, many bulls are on the risk now, the bears are just resting, UK is still troubled a big bearish move is imminent, all long trades must be scalped
  • #444,085
  • Edited 10:55pm Oct 18, 2016 10:38pm | Edited 10:55pm
Quoting uncletrumpet
{quote} You are on point, i am in your world too, many bulls are on the risk now, the bears are just resting, UK is still troubled a big bearish move is imminent, all long trades must be scalped

well yes my friend, nobody knows what will come, and when the price goes down its goes very fast, but when the price goes up it doesnt goes with the same strengh. yesterday i took a long and i went well, but its risky, we should always use stop loss, it could be a crime not using it in gbp pairs.
Im a Crocodile, Im a Sniper. Patience is everything.
  • #444,086
  • Oct 18, 2016 10:44pm Oct 18, 2016 10:44pm
2250 looks like a retest area on the 4hr chart
Come with me if you want to live....
  • #444,087
  • Edited 11:19pm Oct 18, 2016 10:58pm | Edited 11:19pm
Quoting skyhok
Medium and long term setup for longs near 1.1800 {image}
Typical complex 4th wave iv correction developing within bottoming pattern.
Setup for medium term short on 5th wave v, before long term longs from 1.1900s
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1 19Oct16.png Size: 55 KB

Anatomy of the complex 4th wave iv terminating with an expanding diagonal (c)
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM15 19Oct16b.png Size: 49 KB
Elliott Wave for optimum entry, exit and risk management of trades
  • #444,088
  • Oct 19, 2016 1:15am Oct 19, 2016 1:15am
Quoting thewindow
You've seen where I stand on a technical point of view, but there's also a lot of this going on in Cable at the minute regarding news and rumours of parliamentary debates etc...Enjoy (I've edited it slightly ). {image}
Have this feeling your not exactly such a new member, however certainly worth a round of applause for that one.
  • #444,089
  • Oct 19, 2016 1:21am Oct 19, 2016 1:21am
EARLY MORNING REPORT
Ubi maior minor cessat
  • #444,090
  • Oct 19, 2016 1:22am Oct 19, 2016 1:22am
2240 looks to be a possible long again thou I don't like the tops on 4 hour long order on the top of the high to
  • #444,091
  • Oct 19, 2016 1:27am Oct 19, 2016 1:27am
Make you 4 hour chart small and look left ? Just took short scalp see how it runs
  • #444,092
  • Oct 19, 2016 1:55am Oct 19, 2016 1:55am
nice 61.8 on the fibs. remember now the past will always tell you the future lol ..
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd-h4-ifcmarkets-corp.png Size: 38 KB
  • #444,093
  • Oct 19, 2016 2:12am Oct 19, 2016 2:12am
Quoting Dalchow
{quote} It is at the mo unclear if the parliament will have a vote in this, some try to get this decided by pressing charges against the new government, Mrs May has to give more info soon how she will proceed as the triggering of article 50 is scheduled for march 2017
Thanks pal, any idea on when lady May gonna make that sspeec?we might wanna stay clear that day.
  • #444,094
  • Oct 19, 2016 3:57am Oct 19, 2016 3:57am
probable pa at present , looking for next position at some top> as daily offensive now but gold not broken yet a nominal level of interest just above . so watching price trying at some up very difficult to reach & may possible crush there after . take care , fontu
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 52 KB
Click to Enlarge Name: GBPUSDDaily.png Size: 31 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #444,095
  • Oct 19, 2016 5:02am Oct 19, 2016 5:02am
The price moves down to the point of 1.22953. Either the price will move up to the point of 1.23423.
Attached Image (click to enlarge)
Click to Enlarge Name: ujроl.png Size: 34 KB
  • #444,096
  • Oct 19, 2016 5:02am Oct 19, 2016 5:02am
just an update:

Quoting Lock
10:11 C period low at half back 2276. ... A question here: who do you think is ruling this price action? ...
Quoting Lock
10:50 D, last period for Tokyo is now removing the weak high at 23248 10:52 D tags exactly the preUS session high from 10.11 at 23286 10:54 Now, this is an attempted break out above daily balance: for continuation you want to see accepation above 23248. If not watch out for retracement to the mean.
Quoting Lock
11:13 GB session has now a very elongated profile. This move upside started at C period low that at that moment in time was GB half back 2276. We got two minus development at 22877-2296 and 23096-2315
Quoting Lock
11:30 ... Conflicting information here. Note anyhow that for now we do not have acceptation above the daily bracket at 22246.
Quoting Lock
11:35 4 letters POC at yesterday GB close. Not a good sign for continuation upside. If you are selling this above the failure at daily bracket high (a more than licit trade considering how this move upside developed) your structural stops are right inside the old GB gap downside (just above E period high).

Quoting Lock
11:40 F period low tagged exactly yesterday GB high (2304)*. Price up and down yesterday GB close. One timeframing higher is no more. *You want to see acceptation below it for continuation downside. If not back to the top.

11:59 +1GMT
All the weak GB structure made during short covering is no more: for those who sold above the daily bracket failure is a good shot. Isn't it??
Ubi maior minor cessat
  • #444,097
  • Oct 19, 2016 6:25am Oct 19, 2016 6:25am
http://www.parliamentlive.tv/Event/I...1-a72e4e9bc214
Right now
  • #444,098
  • Oct 19, 2016 6:50am Oct 19, 2016 6:50am
Quoting Bantaiprofit
http://www.parliamentlive.tv/Event/I...1-a72e4e9bc214 Right now
thank you
Its not about the money, its about the game, the game between people.
  • #444,099
  • Oct 19, 2016 8:24am Oct 19, 2016 8:24am
i think its ready to test high again...
if broke ready to fly more tommorow..
cmiiw
  • #444,100
  • Oct 19, 2016 8:28am Oct 19, 2016 8:28am
Still Holding Longs. Current Price 1.2305
Here's how I see it ATM. Break above this level could result in volatility with a fast rise to rip out further short/mid term bears. Slight bear wedge here and inciting shorts to the slaughter. But, who knows. Crystal ball bit cloudy today lol.
Attached Image (click to enlarge)
Click to Enlarge Name: bear candy.png Size: 52 KB
Ever stop to think, and forget to start again?
1,527 traders viewing now, 1 is registered: