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Cable Update (GBPUSD)

  • #451,961
  • Apr 11, 2017 4:45pm Apr 11, 2017 4:45pm
Quoting elbert3
{quote} As above same as Friday come on gb
Hi elbert, need your help mate. I dont know how i ignored someone now i need to uningore. And i dont have a flippin idea about it. Can u help pkz ?
  • #451,962
  • Apr 11, 2017 4:57pm Apr 11, 2017 4:57pm
Quoting NMZee
{quote} Hi elbert, need your help mate. I dont know how i ignored someone now i need to uningore. And i dont have a flippin idea about it. Can u help pkz ?
click on there profile ,,,,,,to right by their name or where you hit the ignore there is a black button click tht it should do it or give you th option not too anymore
  • #451,963
  • Apr 11, 2017 5:04pm Apr 11, 2017 5:04pm
Quoting NMZee
{quote} If it breaks and hold 243x them we may very easily see 246x and 248x. That 243x is proving to be strong R.
Your logic worked today. Nice one. What is logical for tomorrow then☺
  • #451,964
  • Apr 11, 2017 5:04pm Apr 11, 2017 5:04pm
Quoting digger1
{quote} click on there profile ,,,,,,to right by their name or where you hit the ignore there is a black button click tht it should do it or give you th option not too anymore
Done. Cheers mate.☺
  • #451,965
  • Apr 11, 2017 5:06pm Apr 11, 2017 5:06pm
Quoting NMZee
{quote} Done. Cheers mate.☺
  • #451,966
  • Apr 11, 2017 7:08pm Apr 11, 2017 7:08pm
Good morning all.

Well it looks like the bulls just stayed put while I had a sleep.

However they have also created what appears to be a pennant at this time.

If this turns out to be the case then we are heading for the 2563 resistance. This looks likely because the current target of 2523 is a breakout of this pennant. The R1 for the day is 2522.
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  • #451,967
  • Apr 11, 2017 7:33pm Apr 11, 2017 7:33pm
Quoting Nala66
Good morning all. Well it looks like the bulls just stayed put while I had a sleep. However they have also created what appears to be a pennant at this time. If this turns out to be the case then we are heading for the 2563 resistance. This looks likely because the current target of 2523 is a breakout of this pennant. The R1 for the day is 2522. {image}
Howdy,,,,,,how goes it man
  • #451,968
  • Apr 11, 2017 7:41pm Apr 11, 2017 7:41pm
Quoting digger1
{quote} Howdy,,,,,,how goes it man
No worries Digger... You had me worried about a return to the 200 because that would flatten the market yet again.
  • #451,969
  • Apr 11, 2017 7:46pm Apr 11, 2017 7:46pm
Quoting Nala66
{quote} No worries Digger... You had me worried about a return to the 200 because that would flatten the market yet again.
Ha , prepare for a flat mkt lol,,,,,power of positive thinking rofl
  • #451,970
  • Apr 11, 2017 7:50pm Apr 11, 2017 7:50pm
A drop to 2460 ish before a bounce here may be telling
  • #451,971
  • Apr 11, 2017 8:03pm Apr 11, 2017 8:03pm
At the moment the bulls look well in control. They only need to do what they need to do and at the same time stop the bears from doing what they want to do. (make sense of that)

These tiny lower lows are increasing the target distance. I'll sit on the fence and await the breakout.
  • #451,972
  • Apr 11, 2017 8:04pm Apr 11, 2017 8:04pm
Quoting digger1
A drop to 2460 ish before a bounce here may be telling
That's the daily pivot but I don't see any evidence of that yet
  • #451,973
  • Apr 11, 2017 8:09pm Apr 11, 2017 8:09pm
Quoting Nala66
At the moment the bulls look well in control. They only need to do what they need to do and at the same time stop the bears from doing what they want to do. (make sense of that) These tiny lower lows are increasing the target distance. I'll sit on the fence and await the breakout.
Good Morning Nala 66. Hey dig.
A very hot and heavy day for cable. Carney is taling later and at the same time there is this data coming out. Imagine a green data with some hawkish words by carney and we will be sitting on 26xx. Imagine the vice versa and 236x may gets a revisit. In short, i dont have a plan or any level to track atm. Nothing nada zilch..
  • #451,974
  • Apr 11, 2017 8:12pm Apr 11, 2017 8:12pm
Good morning NMZee

I don't care much for news all it does is slow down or speed up the outcomes I plot.
  • #451,975
  • Apr 11, 2017 8:13pm Apr 11, 2017 8:13pm
Quoting Nala66
{quote} That's the daily pivot but I don't see any evidence of that yet
GBP/JPY getting beat on a little atm, may be keeping this from doing much
  • #451,976
  • Apr 11, 2017 8:28pm Apr 11, 2017 8:28pm
working on a pop here
  • #451,977
  • Apr 11, 2017 8:35pm Apr 11, 2017 8:35pm
cleared my shts out ,,,,, few longs looking for 2515 , maybe 2545
  • #451,978
  • Apr 11, 2017 8:53pm Apr 11, 2017 8:53pm
I have moved all my stops to 247 just in case this pennant fails altogether.
  • #451,979
  • Apr 11, 2017 8:57pm Apr 11, 2017 8:57pm
Quoting digger1
cleared my shts out ,,,,, few longs looking for 2515 , maybe 2545
If you put a gun to my head and ask me to trade then i'll prolly short it at cmp with 2515 as my SL.
would have done that but i took uj long from 109.45. My uj short from 111.45 was covered at 109.80
  • #451,980
  • Apr 11, 2017 9:18pm Apr 11, 2017 9:18pm
Quoting NMZee
{quote} If you put a gun to my head and ask me to trade then i'll prolly short it at cmp with 2515 as my SL. would have done that but i took uj long from 109.45. My uj short from 111.45 was covered at 109.80
What is cmp?
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