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Cable Update (GBPUSD)

  • #447,341
  • Jan 17, 2017 3:49am Jan 17, 2017 3:49am
17/01/17 TUESDAY 10:45 +1GMT
MORNING REPORT
Ubi maior minor cessat
  • #447,342
  • Jan 17, 2017 4:23am Jan 17, 2017 4:23am
Quoting Aleksbuk
{quote} yeah? ok, but it came to my first profit target! 17.01.png;2143185 {image}
Which was based upon what?
  • #447,343
  • Jan 17, 2017 6:27am Jan 17, 2017 6:27am
I have a long on this pair, next target is likely at 1.2300. It's very bullish for now and it will probably break above that level too.
  • #447,344
  • Jan 17, 2017 6:48am Jan 17, 2017 6:48am
bye bye tl ,super May speaks my language ,that's a swing
Attached Image (click to enlarge)
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #447,345
  • Jan 17, 2017 7:23am Jan 17, 2017 7:23am
Long gbp/usd,stop 7 pts 1/3+10,1/3 +24 pts
Attached Image (click to enlarge)
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  • #447,346
  • Jan 17, 2017 7:32am Jan 17, 2017 7:32am
Two trades Long from 120 400 asia time.
Tried not trading but hey what can i say the odd one here and there whilst on the move and travelling ..
and the speech was too good not to miss a trade set up esp after the drop from the Gap on Sunday.
Everything happens for a reason right.

Long x 2 lots at 120 400 staying long ..

Will shout real time when i short this trade just to conclude the move see how the daily chart plays it and which day of course ..

4hr chart below ..
Attached Image (click to enlarge)
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  • #447,347
  • Jan 17, 2017 8:01am Jan 17, 2017 8:01am
Love cable 2360 2374 area is res on the main 4 hour
  • #447,348
  • Jan 17, 2017 8:04am Jan 17, 2017 8:04am
Lets see if the X marks the spot .. around 125 500 area..
Attached Image (click to enlarge)
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  • #447,349
  • Jan 17, 2017 8:17am Jan 17, 2017 8:17am
Up is the only way, tomorrow likely to continue... Good target up there 1.2478
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  • #447,350
  • Jan 17, 2017 8:17am Jan 17, 2017 8:17am
Quoting elbert3
Love cable 2360 2374 area is res on the main 4 hour
60 thanks . The last fe pips are the killer you have to hold your bottle it was 2336 last post
  • #447,351
  • Jan 17, 2017 8:21am Jan 17, 2017 8:21am
Quoting elbert3
{quote} 60 thanks . The last fe pips are the killer you have to hold your bottle it was 2336 last post
O lovely more pips careful now
  • #447,352
  • Jan 17, 2017 8:38am Jan 17, 2017 8:38am
Quoting elbert3
{quote} O lovely more pips careful now
Yes CAREFUL is the right word from here,
  • #447,353
  • Jan 17, 2017 8:39am Jan 17, 2017 8:39am
but i will be looking to buy GBP if it drops below 1.2300 and will hold this time for 1.28 small position just to know whether i was right or wrong..
on other pairs i am still long GBPAUD GBPNZD GBPCAD
targets are atlest 300-500 pips away from now,
call me crazy but i am long before even GBPUSD dropped on monday.
anyways lets see how it goes from here friday might be the key.
Good luck Guys..

but i will be looking to buy GBP if it drops below 1.2300 and will hold this time for 1.28 small position just to know whether i was right or wrong..
on other pairs iam still long GBPAUD GBPNZD GBPCAD
  • #447,354
  • Jan 17, 2017 8:43am Jan 17, 2017 8:43am
#GBPUSD pound is starting to look good again on the bullish side....
Attached Image (click to enlarge)
Click to Enlarge Name: gbousd 1-17-17.png Size: 97 KB
"W. D. Gann said that time is the most important factor among all things."
  • #447,355
  • Jan 17, 2017 9:01am Jan 17, 2017 9:01am
Quoting stoqn4444
Long gbp/usd,stop 7 pts 1/3+10,1/3 +24 pts {image}
Last part closed +80
  • #447,356
  • Jan 17, 2017 9:04am Jan 17, 2017 9:04am
340 pips closed first long position

Letting the second long position run till tomorrow..
  • #447,357
  • Edited 9:26am Jan 17, 2017 9:11am | Edited 9:26am
The Last

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH4bbma.png Size: 81 KB


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  • #447,358
  • Jan 17, 2017 9:50am Jan 17, 2017 9:50am
2434 ????thats day dt ??
  • #447,359
  • Jan 17, 2017 9:59am Jan 17, 2017 9:59am
And another kill done!
90% of traders use TA, indicators and prediction
  • #447,360
  • Jan 17, 2017 11:33am Jan 17, 2017 11:33am
And here we go again...

After a jump from 1.20 to near 1.24 in a day, i would be careful with long positions.

IF Cable make it over 1.24 and stays there THEN you could think about a long.

IF...
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