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Cable Update (GBPUSD)

  • #446,321
  • Dec 6, 2016 3:16am Dec 6, 2016 3:16am
Don't tell me it's the fucking range all again.
  • #446,322
  • Dec 6, 2016 3:25am Dec 6, 2016 3:25am
Quoting Barca
{image} THE CGI indicates a BUY for GBPUSD for the Month of DEC. {image} This is my thoughts on GBPUSD ON A daily timeframe.
Volume for GBPUSD has reach 1k. Just buy GBPUSD for this Month
  • #446,323
  • Dec 6, 2016 3:38am Dec 6, 2016 3:38am
m30 view of PA near most recent resistance
1.2775 quite important
1.2798 more important
Attached Image (click to enlarge)
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90% of traders use TA, indicators and prediction
  • #446,324
  • Dec 6, 2016 3:56am Dec 6, 2016 3:56am
Is this path eventually possible?
Attached Image (click to enlarge)
Click to Enlarge Name: Chart_GBP_USD_Hourly_snapshot.png Size: 23 KB


I admit I never saw something similar before.
Can both be a strange kind of 3 x spike, usually seen sometimes in charts. Most recent in cable was this:
Attached Image (click to enlarge)
Click to Enlarge Name: 3xGU.png Size: 48 KB


Or it is just price drifting in no much supply-no much demand mode, waiting for clues to resume moving.

What I am 100% sure is that it looks a really dangerous setup. The best thing would be to stay away from this situation, or working with very tight SL, since apparantly it can explode any time on any direction!
90% of traders use TA, indicators and prediction
  • #446,325
  • Dec 6, 2016 4:02am Dec 6, 2016 4:02am
It has to explode. It's been in an INSANE (for cable) range since the start of the week.
  • #446,326
  • Dec 6, 2016 4:09am Dec 6, 2016 4:09am
Another thing I'm 100% sure is:

I have to leave charts till tomorrow, have a position in profits for aprox 45pips on a very ugly setup.
If price goes up and touch a resistance I will not be able to manage, scale out or whatever.
If goes down I will not be here to eventually look for a bullish action in lower areas.

Cutting here and cashing these 45pips.

Wish you all good luck
90% of traders use TA, indicators and prediction
  • #446,327
  • Dec 6, 2016 5:54am Dec 6, 2016 5:54am
be nice dud!

Attached Image (click to enlarge)
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  • #446,328
  • Dec 6, 2016 7:28am Dec 6, 2016 7:28am
Quoting mades
Don't tell me it's the fucking range all again.
At this time it's only a gambing bet, i bet long.

Range for me it's 800 pips long or short.
  • #446,329
  • Dec 6, 2016 7:42am Dec 6, 2016 7:42am
market too sensitive to politics, looks like it is waiting for the UK brexit court judgement results but could also explode either direction at any time.
Learn something new everyday.
  • #446,330
  • Dec 6, 2016 8:24am Dec 6, 2016 8:24am
Quoting Elinagw
market too sensitive to politics, looks like it is waiting for the UK brexit court judgement results but could also explode either direction at any time.
Yeah, great time to try to recover our sl taken.
  • #446,331
  • Dec 6, 2016 8:37am Dec 6, 2016 8:37am
for me id rather see it come off the highs at this point ,but then I cant see bears yet
Attached Image (click to enlarge)
Click to Enlarge Name: 1 gbp USD (DFB).png Size: 38 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #446,332
  • Dec 6, 2016 8:48am Dec 6, 2016 8:48am
Quoting pointlessfor
meet at 2700 . GL all
5 more hours left to hit 2700 . ok meet here
  • #446,333
  • Dec 6, 2016 9:35am Dec 6, 2016 9:35am
Quoting pointlessfor
{quote} 5 more hours left to hit 2700 . ok meet here
ok now. 2720 long target 2760
  • #446,334
  • Dec 6, 2016 10:12am Dec 6, 2016 10:12am
good one
Attached Image (click to enlarge)
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  • #446,335
  • Dec 6, 2016 10:43am Dec 6, 2016 10:43am
For Bones, with love.

ps. I still think the new smileys are awful and useless..





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How to opt out annoying user signatures ??
  • #446,336
  • Dec 6, 2016 11:08am Dec 6, 2016 11:08am
For all who are watching the charts at the moment.

It seems the awaited and sooner than expected

The big Buba Flush began begun begin..

1.27 is broken !! We will see how and IF it will develop. All luck to the short people.
Tomorrow all is clear. Equal which direction.

Hai.
How to opt out annoying user signatures ??
  • #446,337
  • Dec 6, 2016 11:14am Dec 6, 2016 11:14am
Quoting pointlessfor
{quote} ok now. 2720 long target 2760
added 2675 same target
  • #446,338
  • Dec 6, 2016 11:15am Dec 6, 2016 11:15am
hello waiting
Attached Image (click to enlarge)
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  • #446,339
  • Dec 6, 2016 11:20am Dec 6, 2016 11:20am
entarrr
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  • #446,340
  • Dec 6, 2016 11:23am Dec 6, 2016 11:23am
I'm with you and short see how we go

Quoting Toranaga
For Bones, with love. ps. I still think the new smileys are awful and useless.. {image}
Attached Image (click to enlarge)
Click to Enlarge Name: USD (DFB).png Size: 38 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
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