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Cable Update (GBPUSD)

  • #446,921
  • Jan 3, 2017 3:14am Jan 3, 2017 3:14am
Based on a London triangle break it appears to be aiming for 2184 today then finish off the journey to 2056 tomorrow.
  • #446,922
  • Jan 3, 2017 3:37am Jan 3, 2017 3:37am
Ha Ha the breakout failed... IC the market seems to be working on the 1 hour chart so the target still holds
  • #446,923
  • Jan 3, 2017 6:08am Jan 3, 2017 6:08am
what the fiddledee is this pair doing
  • #446,924
  • Jan 3, 2017 6:49am Jan 3, 2017 6:49am
Now good point for open short with stop loss behind today maximum
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  • #446,925
  • Jan 3, 2017 7:09am Jan 3, 2017 7:09am
Price moves down to the point of 1.22235. However, I expect that the price will move up to the point of 1.22707.
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  • #446,926
  • Jan 3, 2017 7:43am Jan 3, 2017 7:43am
short cabe @ 1.2267

target 1.2230 area
  • #446,927
  • Jan 3, 2017 8:04am Jan 3, 2017 8:04am
when is this shit gonna finally drop
  • #446,928
  • Jan 3, 2017 8:24am Jan 3, 2017 8:24am
Quoting mades
when is this shit gonna finally drop
was just thinking the same thing
  • #446,929
  • Jan 3, 2017 12:22pm Jan 3, 2017 12:22pm
Utter crap this pair all day, people don't even watch this thread anymore.
  • #446,930
  • Jan 3, 2017 1:04pm Jan 3, 2017 1:04pm
Inserted Video
  • #446,931
  • Jan 3, 2017 1:10pm Jan 3, 2017 1:10pm
initial intraday levels for tomorrow, i TP @ 10 and SL @10

ill wait until broker 4th January open to determine the middle levels and which direction to trade them

not a great day today on GU 4W - 5L

more levels to come if needed
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  • #446,932
  • Jan 3, 2017 4:10pm Jan 3, 2017 4:10pm
Level wise here is how I saw Cable today
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  • #446,933
  • Jan 3, 2017 4:54pm Jan 3, 2017 4:54pm
This is how I watched it play out...as I said the market was working on the 1 hour chart making it a very slow market taking over 24 hours to make the target. Price action always tells us where it is going and traders will do well to study the various price action indications. It has nothing whatsoever to do with fibs, daily pivots or any of the other theories but it has everything to do with the swing in sentiment and traders would do well to find out where these swings begin.
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  • #446,934
  • Jan 3, 2017 5:01pm Jan 3, 2017 5:01pm
Nala what does LPC mean
  • #446,935
  • Jan 3, 2017 5:16pm Jan 3, 2017 5:16pm
it means
leave price close
essentially that's a note to self to post after the event

actual idea
if up the open is a poss problem
risky right now but possible

Quoting Fader123
Nala what does LPC mean
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #446,936
  • Jan 3, 2017 5:18pm Jan 3, 2017 5:18pm
LPC could be handy

Quoting Fader123
Level wise here is how I saw Cable today {image}
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #446,937
  • Jan 3, 2017 5:23pm Jan 3, 2017 5:23pm
Quoting Bones
it means leave price close essentially that's a note to self to post after the event actual idea if up the open is a poss problem risky right now but possible {quote} {image}

Many thanks Bones, feel its a bit too technical for my old simple mind been doing this too long to change, now

Btw, did you have a good new year?
  • #446,938
  • Jan 3, 2017 5:38pm Jan 3, 2017 5:38pm
yea ok lets hope for a good one for us all , you realise I was joking ? lol
if it did bounce down off that tl again we could get this thing going maybe ,if the weekly fails off bat maybe theres no wait

Quoting Fader123
{quote} Many thanks Bones, feel its a bit too technical for my old simple mind been doing this too long to change, now Btw, did you have a good new year?
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #446,939
  • Jan 3, 2017 5:48pm Jan 3, 2017 5:48pm
usdlfx has found res

Quoting Bones
end of a bearish week bearish open bearish close see next but could retrace if that zone held no news to speak of {image} {image} {image}
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #446,940
  • Jan 3, 2017 6:16pm Jan 3, 2017 6:16pm
GBP/USD 4hr
price grinding down
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