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Cable Update (GBPUSD)

  • #446,941
  • Jan 3, 2017 7:11pm Jan 3, 2017 7:11pm
Quoting Fader123
Nala what does LPC mean
It means Last Pivot Cross. These are the defining pivots that form the A and B points of a triangle. There are two other types of pivots.

They show where the sentiment is changing and the breakout of the subsequent triangle defines the distance i.e. A to B where the price will attempt to target. It should be noted that a failure to make the target is seen as a very strong weakness and the response will be large and rapid.
  • #446,942
  • Jan 3, 2017 7:16pm Jan 3, 2017 7:16pm
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}
Except I didn't post after the event but prior to it...check post 446 925
  • #446,943
  • Jan 3, 2017 8:15pm Jan 3, 2017 8:15pm
The pair is under pressure, as it recorded lower tops and lower bottoms since Jan 3, which confirms a negative view. The RSI is below its neutrality level at 50 and lacks upward momentum. As long as 1.2260 holds on the upside, look for a further drop toward 1.2225 and 1.2200 in extension. Above 1.2260, look for further upside with 1.2285 and 1.2305.
  • #446,944
  • Jan 3, 2017 9:48pm Jan 3, 2017 9:48pm
im not really seeing how the h1 refers to the post
you can try the quote button and even you can save charts direct from MT4 then info wouldn't be missing like the h1
least id know what you saying in reference to the original post so your actual target is 12056 before 12415 but so far no close under 12220


Quoting Nala66
{quote} Except I didn't post after the event but prior to it...check post 446 925
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #446,945
  • Jan 4, 2017 1:01am Jan 4, 2017 1:01am
Inserted Video
  • #446,946
  • Jan 4, 2017 1:09am Jan 4, 2017 1:09am
I see a bullish reversal and my longs are targeting 1.26.
  • #446,947
  • Jan 4, 2017 1:26am Jan 4, 2017 1:26am
17/01/04 WEDNESDAY 08:23+1GMT
EARLY MORNING REPORT
Ubi maior minor cessat
  • #446,948
  • Jan 4, 2017 3:32am Jan 4, 2017 3:32am
When did this formerly great trending pair turn into this utter shit? It doesn't want to drop, it doesn't want to raise, it zigzagz like after a bottle of vodka.
  • #446,949
  • Jan 4, 2017 3:42am Jan 4, 2017 3:42am
Quoting mades
When did this formerly great trending pair turn into this utter shit? It doesn't want to drop, it doesn't want to raise, it zigzagz like after a bottle of vodka.
There you go you have just hit upon the secret of trading... you have to drink a bottle of vodka to stay in step with the staggers...Hic!

Still waiting for a breakout...
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  • #446,950
  • Jan 4, 2017 3:45am Jan 4, 2017 3:45am
long for about 60 pips from here ..
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Cheers
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #446,951
  • Jan 4, 2017 3:51am Jan 4, 2017 3:51am
Quoting mades
When did this formerly great trending pair turn into this utter shit? It doesn't want to drop, it doesn't want to raise, it zigzagz like after a bottle of vodka.
Look at the other half of the pair, the $Dollar index. Over 10 days in a range.
  • #446,952
  • Jan 4, 2017 4:07am Jan 4, 2017 4:07am
Quoting AlexC
{quote} Look at the other half of the pair, the $Dollar index. Over 10 days in a range.
This pair is only 12% of dollar index, look at EU, UJ, both have nice intraday trends. Overall its ranging but you can make a few bucks during day. Here? Even positive news and overall dollar weakness this morning does absolutely nothing. It's like traders would abandon the pair and its turning into real chaos.
  • #446,953
  • Jan 4, 2017 6:03am Jan 4, 2017 6:03am
ah now they manipulate hourly again .. fuck it
  • #446,954
  • Jan 4, 2017 6:31am Jan 4, 2017 6:31am
best trade is not to trade at the moment

let's wait for the US session
  • #446,955
  • Jan 4, 2017 6:46am Jan 4, 2017 6:46am
Looks like the bulls are trying now...we'll see
  • #446,956
  • Jan 4, 2017 7:43am Jan 4, 2017 7:43am
Possible UP trend yet we are not sure as ADX trend still in ranging for GBPUSD, therefore advise is wait for strong move....

Daily Technical Analysis - Investopedia

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It is the dust where you came from & it is the dust where you shall return
  • #446,957
  • Jan 4, 2017 7:46am Jan 4, 2017 7:46am
& here we have support & resistance to break for GBPUSD... wait & see

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It is the dust where you came from & it is the dust where you shall return
  • #446,958
  • Jan 4, 2017 8:39am Jan 4, 2017 8:39am
what a boring day on gbp today!
  • #446,959
  • Jan 4, 2017 9:59am Jan 4, 2017 9:59am
another awful last minute hourly manipulation, 2nd time today. this pair is a fucking joke
  • #446,960
  • Jan 4, 2017 10:51am Jan 4, 2017 10:51am
not sure if you understand the hourly v say h4 that brings that comment
besides its followed a line perfectly
i mean if you read it took a tl-pivot then printed bear might not work out

Quoting mades
another awful last minute hourly manipulation, 2nd time today. this pair is a fucking joke
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On-site guru & also FF member's' psychiatrist, when not drinking tea
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