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Cable Update (GBPUSD)

  • #444,841
  • Nov 2, 2016 7:43am Nov 2, 2016 7:43am
Quoting Peruvian80
This recent events aout fbi and emails of clinton are affecting usd. Trump in some surveys is first, so this can be tricky for the usd, gu is in a clear range but is pushing the top, so we have to be carefull about this for now or until weekend.
Well that what i was talking about. I think i will be out of this pair until elections.
Im a Crocodile, Im a Sniper. Patience is everything.
  • #444,842
  • Nov 2, 2016 7:52am Nov 2, 2016 7:52am
Quoting andexQ
shorted 2348 SL 2350
Added:

also longed UJ 103.19 SL 103.09
  • #444,843
  • Nov 2, 2016 7:52am Nov 2, 2016 7:52am
Quoting andexQ
shorted 2348 SL 2350
Lol, you don't wanna lose a dime there.
  • #444,844
  • Nov 2, 2016 7:58am Nov 2, 2016 7:58am
Quoting yuddy
{quote} Lol, you don't wanna lose a dime there.
my SL is right on red-line..

GU - M30
Attached Image (click to enlarge)
Click to Enlarge Name: `2.png Size: 26 KB
  • #444,845
  • Nov 2, 2016 8:08am Nov 2, 2016 8:08am
I just plotted the 4 hour chart and that gives me a target of 1.24028 but I will be fast asleep by then.

It all depends which time frame we plot to get either longer term or shorter term targets.
  • #444,846
  • Nov 2, 2016 8:31am Nov 2, 2016 8:31am
Quoting andexQ
{quote} my SL is right on red-line.. GU - M30 {image}
that sir is a sick trade
  • #444,847
  • Nov 2, 2016 8:39am Nov 2, 2016 8:39am
Quoting Nala66
I just plotted the 4 hour chart and that gives me a target of 1.24028 but I will be fast asleep by then. It all depends which time frame we plot to get either longer term or shorter term targets.
If you don't mind, post the chart,someone out there could put faith on it.
  • #444,848
  • Nov 2, 2016 8:41am Nov 2, 2016 8:41am
Quoting andexQ
{quote} my SL is right on red-line.. GU - M30 {image}
I guess you won't need that SL, cos GU ain't testing there till 7pm
  • #444,849
  • Nov 2, 2016 8:44am Nov 2, 2016 8:44am
Quoting Dr.Zain
GBP/USD is expected to remain in a consolidative range between 1.2080 and 1.2350 in near term. Trend Index Bearish Oversold
Here we go.....
  • #444,850
  • Nov 2, 2016 9:07am Nov 2, 2016 9:07am
Quoting Dr.Zain
{quote} Here we go.....
Up or down?
  • #444,851
  • Nov 2, 2016 9:14am Nov 2, 2016 9:14am
Quoting yuddy
{quote} Up or down?
It means if Gbp comes down towards 1.2080 ,then Buy and when it is near 1.4350 Sell
  • #444,852
  • Nov 2, 2016 9:19am Nov 2, 2016 9:19am
Quoting Dr.Zain
{quote} Here we go.....
2.5860 or higher?
  • #444,853
  • Nov 2, 2016 9:20am Nov 2, 2016 9:20am
Quoting Nala66
I see S and P as a matter of perspective i.e. different time frames have different S and P's. For example I drop to the 30 min chart and find the next resistance shows at 1.24248, I dare say if I drop more time frames I could find closer ones than that.
Which ones are more reliable and more profitable to trade is the issue. The HTFs' imho. Trade safe.

KP
Do your homework, follow the footprints of smart money
  • #444,854
  • Nov 2, 2016 9:22am Nov 2, 2016 9:22am
Quoting yuddy
Pals, pls what's the US election date? I might wanna bring a trawler to sweep pips home.
Tuesday, November 8
US Presidential Election 2016
Its not about the money, its about the game, the game between people.
  • #444,855
  • Nov 2, 2016 9:47am Nov 2, 2016 9:47am
GU - M5
Attached Image (click to enlarge)
Click to Enlarge Name: `3.png Size: 9 KB
  • #444,856
  • Nov 2, 2016 9:53am Nov 2, 2016 9:53am
1.2350 proved to be a solid R. Looks like everyone but one trader saw that.
  • #444,857
  • Nov 2, 2016 9:54am Nov 2, 2016 9:54am
if this goes back to 1.22 zone, i'm so screwed

starting the month down -50K. so viscious
  • #444,858
  • Nov 2, 2016 10:01am Nov 2, 2016 10:01am
Quoting yuddy
{quote} up or down?
down, heavy resistance @ 2350
  • #444,859
  • Nov 2, 2016 10:06am Nov 2, 2016 10:06am
Quoting yuddy
{quote} If you don't mind, post the chart,someone out there could put faith on it.
My apologies yuddy the 4 hour target was 1.2351. I just checked and I had made a mistake.
  • #444,860
  • Nov 2, 2016 10:22am Nov 2, 2016 10:22am
Quoting jurek
{quote} 2.5860 or higher?
Bearish.......
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