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Cable Update (GBPUSD)

  • #451,301
  • Mar 27, 2017 5:17am Mar 27, 2017 5:17am
Quoting behram
What is going on?
dollar getting crushed
Loser trying to become a winner!
  • #451,302
  • Mar 27, 2017 5:34am Mar 27, 2017 5:34am
Why?
  • #451,303
  • Mar 27, 2017 5:38am Mar 27, 2017 5:38am
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  • #451,304
  • Mar 27, 2017 6:20am Mar 27, 2017 6:20am
2017/03/27 MONDAY 13:15 +1GMT
EARLY AFTERNOON REPORT
Ubi maior minor cessat
  • #451,305
  • Mar 27, 2017 7:31am Mar 27, 2017 7:31am
The price moves up to the point of 1.26328. However, there is a possibility of price descending to the point of 1,25667. At the moment, the nearest target is 1.26108.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdh4.png Size: 35 KB
  • #451,306
  • Mar 27, 2017 7:45am Mar 27, 2017 7:45am
Quoting digger1
{quote} yea ,, havent had much time to post a lot ,,,,, little busy for a monday morning lol
26615 possible target before a pull back .
  • #451,307
  • Mar 27, 2017 7:48am Mar 27, 2017 7:48am
Quoting elbert3
{quote} 26615 possible target before a pull back .
I agree. Here there is down channel of D1.
  • #451,308
  • Mar 27, 2017 8:13am Mar 27, 2017 8:13am
I am looking for 1.2660 now to offload all my pound longs from 1.222 - 1.2265 area although might get tempted at 1.2630. I will buy back in if it gets back to 1.2400.
Loser trying to become a winner!
  • #451,309
  • Mar 27, 2017 8:51am Mar 27, 2017 8:51am
Quoting MyOpinion
I am looking for 1.2660 now to offload all my pound longs from 1.222 - 1.2265 area although might get tempted at 1.2630. I will buy back in if it gets back to 1.2400.
I can get a line on 2424 regards E
  • #451,310
  • Mar 27, 2017 9:29am Mar 27, 2017 9:29am
maybe i'm crazy but just bought at 1.2580 20 pip stop target 1.2635. Possibly has topped for now but worth a go anyway. if it goes below 1.2530 i will be worried and maybe close all longs and see what happens.
Loser trying to become a winner!
  • #451,311
  • Mar 27, 2017 9:48am Mar 27, 2017 9:48am
just curious with what more experienced traders have to say regarding the gap we have at 2472 (fridays close) isnt this supposed to fill? or is it ignored now?
  • #451,312
  • Mar 27, 2017 10:14am Mar 27, 2017 10:14am
Quoting titi14
just curious with what more experienced traders have to say regarding the gap we have at 2472 (fridays close) isnt this supposed to fill? or is it ignored now?
usually they fill but sometimes they take market up ,wait until forgotten and then fill and then some people don't believe that gaps need to be filled at all. So yes they usually fill fairly quick but they can also be used as traps for people expecting to fill ... if they filled 100% right away we would just wait for gaps and become billionaires lol
Loser trying to become a winner!
  • #451,313
  • Mar 27, 2017 10:17am Mar 27, 2017 10:17am
Quoting titi14
just curious with what more experienced traders have to say regarding the gap we have at 2472 (fridays close) isnt this supposed to fill? or is it ignored now?
The more time it takes to fill, more important for direction it becomes.
  • #451,314
  • Mar 27, 2017 10:19am Mar 27, 2017 10:19am
Does anyone know if there are any open gaps on the eur/usd from the 1.7188 downswing that didn't fill? That would be interesting to know!
Loser trying to become a winner!
  • #451,315
  • Mar 27, 2017 10:20am Mar 27, 2017 10:20am
Adding a long if it hits 1.26 again. Crossing 1.26 again will confirm bullish bias and send this pair towards 1.30 levels. Cheers.
  • #451,316
  • Mar 27, 2017 10:27am Mar 27, 2017 10:27am
Quoting KovanTrader
Adding a long if it hits 1.26 again. Crossing 1.26 again will confirm bullish bias and send this pair towards 1.30 levels. Cheers.

statistically there is around a 80% cable will close the gap at 1.2474ish. keep it tight
  • #451,317
  • Mar 27, 2017 10:42am Mar 27, 2017 10:42am
Quoting MyOpinion
{quote} usually they fill but sometimes they take market up ,wait until forgotten and then fill and then some people don't believe that gaps need to be filled at all. So yes they usually fill fairly quick but they can also be used as traps for people expecting to fill ... if they filled 100% right away we would just wait for gaps and become billionaires lol
There are gaps above which was ignored for now . Lock will have all the numbers ? I posted weeks ago there is one at 1.6500 area in my little picture on the screen . So never put your shirt on a gap fill . Best bet is sell it on any s/r lines
  • #451,318
  • Mar 27, 2017 12:12pm Mar 27, 2017 12:12pm
Quoting elbert3
{quote} There are gaps above which was ignored for now . Lock will have all the numbers ? I posted weeks ago there is one at 1.6500 area in my little picture on the screen . So never put your shirt on a gap fill . Best bet is sell it on any s/r lines

nah, not shirt, but everything else lol. take into account the SPY aswell, been rallying straight for the last 4 hours.
  • #451,319
  • Mar 28, 2017 2:40am Mar 28, 2017 2:40am
What do you think about it?

Are we preparing for 5000-10000 pips of price movement?

https://www.theguardian.com/politics...50-on-29-march
Do not be afraid to make mistakes, be afraid to repeat them.
  • #451,320
  • Mar 28, 2017 2:58am Mar 28, 2017 2:58am
Quoting JasonDeaN
What do you think about it? Are we preparing for 5000-10000 pips of price movement? https://www.theguardian.com/politics...50-on-29-march
The Guardian newspaper is pro EU.
It will throw stones, all day long, at the leaving process.
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