Wow, testing 2525. Almost reach that 2530 roof there...
Cable Update (GBPUSD)
- #445,902
- Nov 29, 2016 8:28am Nov 29, 2016 8:28am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
{quote} I would have been inclined to sell Eur/Gbp around 0.8900, and if it breaks 0.8400 it's likely headed lower, but I just don't trade it because I've historically had bad luck with that pair. Although I'd like to see Gbp/Usd shoot up above 1.2550 and murder some bears, at the moment I'm kind of getting a kick out of watching the fight around the 1.2500 level. Of course, I won't think it's so funny if it ends up turning back downward.
The EUR / GBP is quite important to trade the Cable.
I use it as an "indicator" rather than trading it, or eventually trade from time to time when I see something interesting.
Anyway, 1.25 still showing problems.
90% of traders use TA, indicators and prediction
- #445,903
- Nov 29, 2016 8:36am Nov 29, 2016 8:36am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
m5
missed entry short. was out for some stuff.
nevermind. let's see how the path develops
missed entry short. was out for some stuff.
nevermind. let's see how the path develops
90% of traders use TA, indicators and prediction
- #445,904
- Nov 29, 2016 9:01am Nov 29, 2016 9:01am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
Last time price lost this area after a bounce in 1.2488 to 1.2515 to go down to 1.2385.
Will be extremely important to care what will be doing market in next hours, to understand if the situation has changed or if it is the very same so eventually opening for a downmove.
I see 3 possible scenarios:
1. market will simply "copy and paste" these levels and repeat the move to 1.2380 (or lower)
2. market is moving towards new highs without even moving back below the 1.2488
3. there will be a similar attempt down to meet back with the 1.2430 (2415?) - 1.2450 area.
Personally, I'm for the 65% for the 2nd and 35% for the 3rd but none of these scenarios are atm confirmed nor suspected.
....Maybe
Will be extremely important to care what will be doing market in next hours, to understand if the situation has changed or if it is the very same so eventually opening for a downmove.
I see 3 possible scenarios:
1. market will simply "copy and paste" these levels and repeat the move to 1.2380 (or lower)
2. market is moving towards new highs without even moving back below the 1.2488
3. there will be a similar attempt down to meet back with the 1.2430 (2415?) - 1.2450 area.
Personally, I'm for the 65% for the 2nd and 35% for the 3rd but none of these scenarios are atm confirmed nor suspected.
....Maybe
90% of traders use TA, indicators and prediction
- #445,905
- Nov 29, 2016 9:05am Nov 29, 2016 9:05am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
90% of traders use TA, indicators and prediction
- #445,907
- Nov 29, 2016 10:14am Nov 29, 2016 10:14am
- Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 24,286 Posts
T the whole idea is to put forward ideas long short or neutral ,its better than standing back and complaining 
whats the worst that happen
I already know you can chart
whats the worst that happen
I already know you can chart
{quote} As i said it in the post above. Its a Long thread here, so you will NOT be reported. Happy trading.
On-site guru & also FF member's' psychiatrist, when not drinking tea
- #445,908
- Nov 29, 2016 10:35am Nov 29, 2016 10:35am
- Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 24,286 Posts
On-site guru & also FF member's' psychiatrist, when not drinking tea
- #445,909
- Nov 29, 2016 11:55am Nov 29, 2016 11:55am
- Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
bullish target area above.
Battling with the shorter term 23.6 fib right now
Battling with the shorter term 23.6 fib right now
Come with me if you want to live....
- #445,912
- Nov 29, 2016 4:10pm Nov 29, 2016 4:10pm
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
bullish target area above. Battling with the shorter term 23.6 fib right now
How's there btw? LOOOOOONG time since my last visit in here
90% of traders use TA, indicators and prediction
- #445,913
- Nov 29, 2016 5:02pm Nov 29, 2016 5:02pm
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
90% of traders use TA, indicators and prediction
- #445,916
- Nov 29, 2016 8:14pm Nov 29, 2016 8:14pm
- Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
{quote} Interesting confluence near 1.30 ! Didn't notice it! Thanks
Probably a good thing lol..
Come with me if you want to live....
- #445,917
- Nov 29, 2016 9:50pm Nov 29, 2016 9:50pm
- Joined Mar 2008 | Status: Name real with real own way | 23,413 Posts
Not understand?better not follow my analyses!doubt clearer first, risks ++
