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Cable Update (GBPUSD)

  • #444,581
  • Oct 27, 2016 10:03am Oct 27, 2016 10:03am
Gpdusd in range is the easiest way to trade, just need to be patient, dont try to trade both sides.
Im a Crocodile, Im a Sniper. Patience is everything.
  • #444,582
  • Oct 27, 2016 10:05am Oct 27, 2016 10:05am
The pair broke below 1.2200 again, I think next target is around 1.2140, maybe even 1.2100.
  • #444,583
  • Oct 27, 2016 10:20am Oct 27, 2016 10:20am
Quoting Peruvian80
Gpdusd in range is the easiest way to trade, just need to be patient, dont try to trade both sides.
Agreed
  • #444,584
  • Oct 27, 2016 10:30am Oct 27, 2016 10:30am
Quoting Sammih
my opinion. immediate target 2350 {image}
how far about your long trade
  • #444,585
  • Oct 27, 2016 10:30am Oct 27, 2016 10:30am
The pair ended the range a couple of days ago and now is back to business as usual...hitting the triangle targets.

Next target to take out is 1.21668
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  • #444,586
  • Oct 27, 2016 10:48am Oct 27, 2016 10:48am
too many false promises before, but i hope this continues and goes off. sick of this sharp reversals

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  • #444,587
  • Oct 27, 2016 10:48am Oct 27, 2016 10:48am
Brief turning point.
BUY GBP/USD
TARGET 122.14
It's a big game.
  • #444,588
  • Oct 27, 2016 10:49am Oct 27, 2016 10:49am
Quoting Peruvian80
Gpdusd in range is the easiest way to trade, just need to be patient, dont try to trade both sides.
Why not? If you know how to ride the wave you should, just don't get under, sharks could be there, Lol, meanwhile it's bear time, or did I mean to say "beer " time,? Lol
  • #444,589
  • Oct 27, 2016 10:51am Oct 27, 2016 10:51am
Quoting Nala66
The pair ended the range a couple of days ago and now is back to business as usual...hitting the triangle targets. Next target to take out is 1.21668 {image}
Where is that in your chart?
  • #444,590
  • Oct 27, 2016 10:55am Oct 27, 2016 10:55am
Drop and pop incoming? We ran yesterday lows by a pip.

I had to close out 75% of my GU long, S/L in profit. But may re-initiate here if we bounce.

UJ is cooperating, now just need GU to help out and make my GJ long go to 131-135.

1-hour
5-min
Attached Images
Be hopeful in a winning position, and fearful in a losing position.
  • #444,591
  • Oct 27, 2016 11:09am Oct 27, 2016 11:09am
Quoting Rag2RichesFX
Drop and pop incoming? We ran yesterday lows by a pip. I had to close out 75% of my GU long, S/L in profit. But may re-initiate here if we bounce. UJ is cooperating, now just need GU to help out and make my GJ long go to 131-135. 1-hour 5-min {image} {image}
If 'they' are stop running / liquidity hunting this is exactly where GBP needed to get too..unless of course its going under 240 min low and if it does I wouldn't be too keen on adding Longs until 1.20 has shown its hand
  • #444,592
  • Oct 27, 2016 11:11am Oct 27, 2016 11:11am
Quoting jbmaverick
Rag - So far, it looks like you called the low for the day pretty close to dead on the money.
I never made any call lol.

I don't try to predict price, I trade price action and levels.
Be hopeful in a winning position, and fearful in a losing position.
  • #444,593
  • Oct 27, 2016 11:30am Oct 27, 2016 11:30am
Quoting Rag2RichesFX
Drop and pop incoming? We ran yesterday lows by a pip. I had to close out 75% of my GU long, S/L in profit. But may re-initiate here if we bounce. UJ is cooperating, now just need GU to help out and make my GJ long go to 131-135. 1-hour 5-min {image} {image}
gbp gonna break 1.2088 caution!
Scoobi doobi doo
  • #444,594
  • Oct 27, 2016 11:43am Oct 27, 2016 11:43am
Quoting yuddy
{quote} Why not? If you know how to ride the wave you should, just don't get under, sharks could be there, Lol, meanwhile it's bear time, or did I mean to say "beer " time,? Lol

yeah you can do both sides, i prefer to do it with the main trend. Its beer time

Guns and roses concert here In lima Peru, its Rock and Roll time. Yeah
Im a Crocodile, Im a Sniper. Patience is everything.
  • #444,595
  • Oct 27, 2016 12:28pm Oct 27, 2016 12:28pm
Quoting FXClarity
{quote} If 'they' are stop running / liquidity hunting this is exactly where GBP needed to get too..unless of course its going under 240 min low and if it does I wouldn't be too keen on adding Longs until 1.20 has shown its hand
ÂÂ
Quoting mades
looks like bulls party is over for now, text book fake break and back to triangle with engulfing 4H.
ÂÂ
Yes. For now.
ÂÂ
Well it is what it is. May jump tomorrow just to piss off bears.
A little picture to lighten the mood. Mind you it's old picture. ÂStill damn accurate...Â
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Beware of robber banks (RB), bad advisors.
  • #444,596
  • Oct 27, 2016 1:52pm Oct 27, 2016 1:52pm
It needs to clear 1.2129, before it continues up
  • #444,597
  • Oct 27, 2016 3:02pm Oct 27, 2016 3:02pm
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Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #444,598
  • Oct 27, 2016 3:21pm Oct 27, 2016 3:21pm
Week Ahead: NFP, RBA, ECB, EUR Capped, Safe Haven Risk, Short Cable
  • #444,599
  • Oct 27, 2016 3:35pm Oct 27, 2016 3:35pm
cable w1 ,is bearish under the red line ,
currently locked in range I'm sure some point we would go to that low whatever it is
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #444,600
  • Oct 27, 2016 6:32pm Oct 27, 2016 6:32pm
Quoting yuddy
{quote} Where is that in your chart?
Sorry for the delay ... had to sleep.

Where is what?
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