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Cable Update (GBPUSD)

  • #448,901
  • Feb 2, 2017 10:20pm Feb 2, 2017 10:20pm
Quoting PayTheLimit
Anyone see anything interesting at 2387....
In light of the Bearish engulfing daily, I see 2380
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDDaily.png Size: 21 KB
Click to Enlarge Name: GBPUSDWeekly.png Size: 18 KB
Come with me if you want to live....
  • #448,902
  • Feb 2, 2017 10:21pm Feb 2, 2017 10:21pm
Quoting PayTheLimit
Anyone see anything interesting at 2387....
Morning been posting that for over 1 week E
  • #448,903
  • Feb 2, 2017 10:24pm Feb 2, 2017 10:24pm
Quoting elbert3
{quote} Morning been posting that for over 1 week E
sorry man...missed it...
Look Sharp/Trade Tight
  • #448,904
  • Feb 2, 2017 10:25pm Feb 2, 2017 10:25pm
Look at 1 hour its trying but ???
  • #448,905
  • Feb 2, 2017 10:26pm Feb 2, 2017 10:26pm
good now that we are all watching that level..need to find a better one....
Look Sharp/Trade Tight
  • #448,906
  • Edited 10:52pm Feb 2, 2017 10:27pm | Edited 10:52pm
Quoting PayTheLimit
{quote} but follow 28 piars...
Let's say your cable TV service has 28 channels. If I give you the remote control and ask you to find me a movie (even if it has already started), how long do you think it would take you?

Less than half a minute, yes?

Well that's the same thing with the 28 currency pairs, I can spot the trading setup I am looking for in 2 seconds (total less than a minute).

Why?

Because I keep it simple, I don't mess with 6 time frames, 20 trendlines, 80 resistance/support lines and 12 indicators, just to get the "big picture".
  • #448,907
  • Feb 2, 2017 10:31pm Feb 2, 2017 10:31pm
Quoting Mr Breakout
{quote} Let's say your cable TV service has 28 channels. If I give you the remote control and ask you to find me a movie (even if it has already started), how long do you think it would take you? Less than half a minute, yes? Well that's the same thing with the 28 currency pairs, I can spot the trading setup I am looking for in 2 seconds (total less than a minute). Why? Because I keep it simple.
Dude, your an old man...you cant do anything in 2 seconds...

I'm just busting your chops....

How many flavors does Baskin Robbins have? don't tell me it only takes you a minute to choose ice cream too....
Look Sharp/Trade Tight
  • #448,908
  • Feb 2, 2017 10:41pm Feb 2, 2017 10:41pm
Quoting PayTheLimit
Dude, your an old man...
An old Tibetan proverb says : "If I am only 1 day older than you, then I know one extra trick that you don't.[/quote]

Quoting PayTheLimit
How many flavors does Baskin Robbins have? don't tell me it only takes you a minute to choose ice cream too....
Sorry, I don't eat ice creams full of chemicals, I make them at home, with natural organic ingredients, and I suggest you do the same.

Cable still flirting with the 1.25 level.
Possible scenario for the day: Retrace to 1.2550 and then down some more, let's see...
  • #448,909
  • Feb 2, 2017 10:42pm Feb 2, 2017 10:42pm
2170 area is a big target 2418 today neck on line there
  • #448,910
  • Feb 2, 2017 10:44pm Feb 2, 2017 10:44pm
Quoting Mr Breakout
{quote} An old Tibetan proverb says : "If I am only 1 day older than you, then I know one extra trick that you don't.
{quote} Sorry, I don't eat ice creams full of chemicals, I make them at home, with natural organic ingredients, and I suggest you do the same. Cable still flirting with the 1.25 level. Possible scenario for the day: Retrace to 1.2550 and then down some more, let's see...[/quote]

actually, for some reason I don't eat ice cream....very, very rarely...not sure why...

why 2550, why there?
Look Sharp/Trade Tight
  • #448,911
  • Feb 2, 2017 10:46pm Feb 2, 2017 10:46pm
Quoting elbert3
2170 area is a big target
I cant see anything there...what is it?
Look Sharp/Trade Tight
  • #448,912
  • Feb 2, 2017 10:49pm Feb 2, 2017 10:49pm
only one level left for me from this weeks PA, ahead of the low....2465...
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 74 KB
Look Sharp/Trade Tight
  • #448,913
  • Feb 2, 2017 10:53pm Feb 2, 2017 10:53pm
Quoting PayTheLimit
{quote} I cant see anything there...what is it?
Check all time chart . Sorry Mr B needs must E
  • #448,914
  • Feb 2, 2017 10:53pm Feb 2, 2017 10:53pm
Waiting for break support to short GU, otherwise taking long...
Risk comes from not knowing what you're doing.
  • #448,915
  • Feb 2, 2017 10:55pm Feb 2, 2017 10:55pm
Quoting Luzbay
I'm thinking of setting up a short limit order at around 1.2559, with a 20 pip SL. Hoping for a ride down to 1.2450, if it catches.
That could be a good whip saw level might do the same later before news
  • #448,916
  • Feb 2, 2017 10:56pm Feb 2, 2017 10:56pm
Quoting Mr Breakout
{quote} Retrace to 1.2550 and then down some more, let's see...
Yes why there when it now crossing your spectacular trend line...short!
  • #448,917
  • Feb 2, 2017 10:56pm Feb 2, 2017 10:56pm
Quoting elbert3
{quote} Check all time chart . Sorry Mr B needs must E

keeping it a secret...fine. don't blame you...
Look Sharp/Trade Tight
  • #448,918
  • Feb 2, 2017 10:58pm Feb 2, 2017 10:58pm
On the move
  • #448,919
  • Feb 2, 2017 11:01pm Feb 2, 2017 11:01pm
Quoting PayTheLimit
{quote} keeping it a secret...fine. don't blame you...
Monthly candle body's and day after that 2087 is main support for me E
  • #448,920
  • Feb 2, 2017 11:02pm Feb 2, 2017 11:02pm
The market has been dead all day so far
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 21 KB
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