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Cable Update (GBPUSD)

  • #449,001
  • Feb 5, 2017 5:06am Feb 5, 2017 5:06am
seems to me that crystal ball is a gimmick


Quoting Not-KPMG
{quote} Yep It'll take some time... Here's my little offering only 2.99.... {quote} Was that about me?? I'm just trying to help. I do look at it for scalping purposes (soon) and for indicator. See, i didn't rebuke earlier because i thought you are angry for losing money (longs)..... No longs in pound is my only rule. Since the last fiasco i guess I was right.... Anyway, i want to say let's trade with more fun less hostility. Green pips. {image}
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #449,002
  • Feb 5, 2017 5:21am Feb 5, 2017 5:21am
what I could do is reverse eur gbp Q
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #449,003
  • Edited 8:37pm Feb 5, 2017 8:10pm | Edited 8:37pm
Quoting arigoldman
I expect the sideways trading to continue.
The pair pares its gain and dropped for two days (Thurday and Friday) 1.2515 is playing a key resistance,which should limit the upside move. As long as this key level is not broken, the pair is likely to test its previous low at 1.2455 again (posted on Friday). A break below this level would call for a further decline toward 2425. Only a break above 2515 would turn the outlook to positive and call for a further rebound to 2540 and more.
Buy the pair on dips towards 2458-2470 for a first target at 1.2710 with stops below 1.2400 (imo).
  • #449,004
  • Edited 11:12pm Feb 5, 2017 10:49pm | Edited 11:12pm
I still would like a crack at some longs...I have two levels I'm interested in, just not sure where I try...

I mean I took another look at them this morning, on a count of they are both good levels, but I'm still going with 2386....
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Look Sharp/Trade Tight
  • #449,005
  • Edited Feb 6, 2017 12:50am Feb 5, 2017 11:46pm | Edited Feb 6, 2017 12:50am
probable pa immediately in lower tf , old analysis still very intact though at some modification possible , more correction down before the target 1 in higher tf .gold ( 1232.94) , eurusd ( 1.1472 signal ),audusd ( 0.7833 ), eurgbp breaks down 0.8469, gj 151.633 (very tough & may take more time )should try test the target / signal level without turmoils( like gbpusd doing) this week & so all should do . take care, fontu
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #449,006
  • Feb 6, 2017 12:39am Feb 6, 2017 12:39am
Still in the zone of C,D... no break yet lets see what london shows us
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  • #449,007
  • Feb 6, 2017 12:56am Feb 6, 2017 12:56am
Quoting Noors
Still in the zone of C,D... no break yet lets see what london shows us {image}
yo, how good is that 2360 you got there..
Look Sharp/Trade Tight
  • #449,008
  • Feb 6, 2017 12:57am Feb 6, 2017 12:57am
levels i am watching this week
gu 4h
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let's all have green pips
  • #449,009
  • Feb 6, 2017 1:05am Feb 6, 2017 1:05am
17/02/06 MONDAY 08:02+1GMT
EARLY MORNING REPORT
Ubi maior minor cessat
  • #449,010
  • Feb 6, 2017 1:07am Feb 6, 2017 1:07am
Quoting PayTheLimit
{quote} yo, how good is that 2360 you got there..
That's why its as thick as the mantle! It's also 50% fib on daily from previous low to high.. its a bird fly high
  • #449,011
  • Feb 6, 2017 1:11am Feb 6, 2017 1:11am
Quoting Noors
{quote} That's why its as thick as the mantle! It's also 50% fib on daily from previous low to high.. its a bird fly high
right, right...I have it as 2345...hate it

one fib I do like it 2200...its the fib of the first leg up off the lows...
Look Sharp/Trade Tight
  • #449,012
  • Feb 6, 2017 1:16am Feb 6, 2017 1:16am
Quoting PayTheLimit
{quote}.I have it as 2345...hate it
Yeah so do I.. 15 pips off from the 50 fib close enough..

If we break 24705 I'm looking for shorts
  • #449,013
  • Feb 6, 2017 2:06am Feb 6, 2017 2:06am
looking at EURGBP, I think GBP is pretty bullish. I have a buy position with SL at yesterday's low
Letting losses run is the most serious mistake made by most investors.
  • #449,014
  • Feb 6, 2017 2:44am Feb 6, 2017 2:44am
thE kiss of dEath
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  • #449,015
  • Feb 6, 2017 3:05am Feb 6, 2017 3:05am
Quoting Noors
thE kiss of dEath {image}
you gonna sell the bounce now at Cish?
Look Sharp/Trade Tight
  • #449,016
  • Edited 4:10am Feb 6, 2017 3:09am | Edited 4:10am
Quoting PayTheLimit
{quote} you gonna sell the bounce now at Cish?
got 2 sell orders 1 at 24705 and 1 at C

Edit: And im out at +25 for both positions... and yet it drops more im the worst at patience. It's just everytime I go to run a position I fuck it up...

had this GJ setup as well for +15
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  • #449,017
  • Feb 6, 2017 4:25am Feb 6, 2017 4:25am
Quoting Noors
{quote} got 2 sell orders 1 at 24705 and 1 at C Edit: And im out at +25 for both positions... and yet it drops more im the worst at patience. It's just everytime I go to run a position I fuck it up... had this GJ setup as well for +15 {image}
nice work...just keep doing whats working man...
Look Sharp/Trade Tight
  • #449,018
  • Feb 6, 2017 4:43am Feb 6, 2017 4:43am
scotland heading for fresh independence referendum when uk triggers article 50 to leave eu -scottish greens lawmaker
  • #449,019
  • Feb 6, 2017 5:13am Feb 6, 2017 5:13am
Quoting Mr Breakout
{quote} From a strictly religious point of view I don't think God likes our Forex trading activities (or any zero-sum game for that matter), since we are essentially taking money from each other (the smart traders taking money from less informed traders). (Personally the moral aspect of FX - and Futures - trading has always bothered me a little...)
sorry Mr Breakout

what do you think about GBPUSD Today?
onorebate
  • #449,020
  • Feb 6, 2017 5:23am Feb 6, 2017 5:23am
The price moves down to the point of 1.24293 and test the support line. And I suppose that the price may rise up to the point of 1.25371.
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