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Cable Update (GBPUSD)

  • #446,341
  • Dec 6, 2016 12:01pm Dec 6, 2016 12:01pm
Quoting Bones
I'm with you and short see how we go {quote} {image}
meet you 2760. GL with short.
  • #446,342
  • Dec 6, 2016 2:00pm Dec 6, 2016 2:00pm
Quoting pointlessfor
{quote} meet you 2760. GL with short.
You should post the time frame youre into it.

Or how long you are willing to wait for it.

Or your SL..

Or maybe a chart ?

Without that it sounds like nonsense..



GL also..
How to opt out annoying user signatures ??
  • #446,343
  • Dec 6, 2016 2:12pm Dec 6, 2016 2:12pm
could be this situ without break
Attached Image (click to enlarge)
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #446,344
  • Dec 6, 2016 2:21pm Dec 6, 2016 2:21pm
Quoting Toranaga
{quote} You should post the time frame youre into it. Or how long you are willing to wait for it. Or your SL.. Or maybe a chart ? Without that it sounds like nonsense.. GL also..
thats because it is nonsense, there is a reason he has been away for 3 months, and its not because he MADE loads of money...

watch out for the guarantees and (its safe to trade long/short now to new traders posts)

you have been warned

unless he has changed
  • #446,345
  • Dec 6, 2016 3:16pm Dec 6, 2016 3:16pm
Will we see 24520 ??? Now there is a thing ??? On the day chart draw your lines on the bottom tails should have 2 different lines that makes a possible target ? But I would buy dips on the bigger drops
  • #446,346
  • Dec 6, 2016 7:09pm Dec 6, 2016 7:09pm
Quoting _BBKing_
m30 view of PA near most recent resistance 1.2775 quite important 1.2798 more important {image}
well, finally supply came. Olé
Luckily in this case I cutted the trade long, before a move down. Most of the times when I cut a long price goes further 150pips up (and opposite for shorts).

Came here just to give a quick on charts, and saw this setup seen in m30 showing how demand failed to hold the 1.2740.

Attached Image (click to enlarge)
Click to Enlarge Name: Chart_GBP_USD_30 Mins_snapshot.png Size: 15 KB
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  • #446,347
  • Dec 6, 2016 10:11pm Dec 6, 2016 10:11pm
Quoting _BBKing_
{quote} horizontal levels: 1.2797 1.2865 1.2914 diagonal touch goes near 1.30 hope it helps {image}
BB you legend. I hope you caught that Cable short too!
  • #446,348
  • Dec 6, 2016 10:21pm Dec 6, 2016 10:21pm
Quoting _BBKing_
{quote} well, finally supply came. Ol Luckily in this case I cutted the trade long, before a move down. Most of the times when I cut a long price goes further 150pips up (and opposite for shorts). Came here just to give a quick on charts, and saw this setup seen in m30 showing how demand failed to hold the 1.2740. {image}
Hi BB can you tell me what you mean by supply and demand? Thanks
  • #446,349
  • Edited 11:45pm Dec 6, 2016 11:34pm | Edited 11:45pm
still it has time to retest in the correction down in a range , but I think it should do it ( Retest the limit up for down )soon otherwise fall towards 1.2450 or 1.2300 fast ,this leg down should be near straight when confirm a bull failure ( failure breaks the limit up for down ) .take care . fontu
http://www.forexfactory.com/showthre...29#post9319829
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: GBPUSDDaily.png Size: 51 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #446,350
  • Dec 7, 2016 12:13am Dec 7, 2016 12:13am
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  • #446,351
  • Dec 7, 2016 1:29am Dec 7, 2016 1:29am
16/12/07 WEDNESDAY 08:25+1GMT (edited untill 08:28)
EARLY MORNING REPORT
Ubi maior minor cessat
  • #446,352
  • Dec 7, 2016 2:06am Dec 7, 2016 2:06am
I'm thinking a little trip south before more north towards 1.3ish

Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDWeekly.png Size: 18 KB
Click to Enlarge Name: GBPUSDDaily.png Size: 20 KB
Come with me if you want to live....
  • #446,353
  • Dec 7, 2016 4:12am Dec 7, 2016 4:12am
I can't recall why, but for some reason, when we first crossed above 1.2700, I made a mental note to myself of this 1.2580 area as a support level.

(I'm sure that's monumentally helpful to you.)
Writer, currency trader, madman
  • #446,354
  • Dec 7, 2016 4:15am Dec 7, 2016 4:15am
Quoting Badem
{quote} BB you legend. I hope you caught that Cable short too!
Hello)
I did not.
Reason: I was not here to screen, too busy these days. I would maybe tried short after that b/o @1.2740
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  • #446,355
  • Dec 7, 2016 4:24am Dec 7, 2016 4:24am
Seriously, I just thought I'd mention that because it struck me as rather odd - what I mean by THAT is that it seems like, as Gbp/Usd moved above 1.2700, a logical support area to estimate would be more like 1.2500-1.2550...but for some reason (that, again, I can't recall) 1.2580 is what came to mind.

On another note, Gbp may be helped out here - in terms of catching support and recovering - by the fact that virtually everything else is gaining against USD. Aud/Usd, which got hit with negative GDP numbers about as bad as the latest manufacturing data on Gbp, has nearly recovered all of about a 50 pip drop, and Eur/Usd is flirting with going positive on the day. Other currencies either gaining on Usd on the day, or at least making significant recoveries from big moves down earlier in the day.
Writer, currency trader, madman
  • #446,356
  • Dec 7, 2016 4:25am Dec 7, 2016 4:25am
Quoting _BBKing_
{quote} Hello) I did not. Reason: I was not here to screen, too busy these days. I would maybe tried short after that b/o @1.2740
same thoughts

Cheers

Al.
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Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #446,357
  • Dec 7, 2016 4:26am Dec 7, 2016 4:26am
Quoting Nala66
{quote} Hi BB can you tell me what you mean by supply and demand? Thanks
Too complicated to answer in few words.
I published a quick simple article to explain it. Nothing new indeed....
https://www.dukascopy.com/fxcomm/fx-...n=read&id=3453

Still working on the second part
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  • #446,358
  • Dec 7, 2016 4:29am Dec 7, 2016 4:29am
Quoting Almo2312
{quote} same thoughts Cheers Al.{image}
Was referring to this b/o seen yesterday http://www.forexfactory.com/showthre...68#post9323168

let's see this 1.2550-1.2570 area if will provide some support...
90% of traders use TA, indicators and prediction
  • #446,359
  • Dec 7, 2016 4:42am Dec 7, 2016 4:42am
I just read someplace else that some analyst sees 1.2575-85 as a support area - so, just sayin', I'm not the ONLY nutjob that thinks that.

In any event, I think bears would have to push Gbp/Usd below 1.2520 to cause long-term bulls any serious concern.
Writer, currency trader, madman
  • #446,360
  • Dec 7, 2016 4:44am Dec 7, 2016 4:44am
Quoting jbmaverick
I just read someplace else that some analyst sees 1.2575-85 as a support area - so, just sayin', I'm not the ONLY nutjob that thinks that.
I will more likely not even considering the buy button before we see 1.2450 - 1.2500 area.
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