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Cable Update (GBPUSD)

  • #452,301
  • Apr 30, 2017 5:03am Apr 30, 2017 5:03am
ASIA HEADLINES
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Self discipline It is a practice
  • #452,302
  • Apr 30, 2017 10:52am Apr 30, 2017 10:52am
This is my forecast on $gbpusd for the upcoming week. Now, while I certainly see more upside at the same time I can also see the danger of the last week's price range to be filled. For now the big figure 1.3000 remains key in determining the next short-term price action.

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Regards,
1GoodTrade
Follow me on twitter: https://twitter.com/Daytrader213
  • #452,303
  • Apr 30, 2017 11:01am Apr 30, 2017 11:01am
Quoting okshop
ASIA HEADLINES {image}
Mrs. May is not forced to accept it.
  • #452,304
  • Apr 30, 2017 11:03am Apr 30, 2017 11:03am
Quoting 1GoodTrade
This is my forecast on $gbpusd for the upcoming week. Now, while I certainly see more upside at the same time I can also see the danger of the last week's price range to be filled. For now the big figure 1.3000 remains key in determining the next short-term price action. {image} Regards, 1GoodTrade Follow me on twitter: https://twitter.com/Daytrader213

Very ambitious
  • #452,305
  • Apr 30, 2017 11:11am Apr 30, 2017 11:11am
Quoting Doc'
{quote} Very ambitious
I know because I also feel a little bit uncomfortable with this view, but I have to follow what the price action dictates not my own personal view. Time will tell if I'm wrong or not. I'm not afraid to be wrong and I feel comfortable doing the uncomfortable thing.

Regards,
1GoodTrade
-----------------
Follow me on twitter: https://twitter.com/Daytrader213
  • #452,306
  • Apr 30, 2017 11:44am Apr 30, 2017 11:44am
GU - weekly

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  • #452,307
  • Apr 30, 2017 7:21pm Apr 30, 2017 7:21pm
The pair is showing small pull back, but risk remains on the upside. I'm expecting Gbp/Usd would consolidating further until break above 1.2965 and lead to next resistance zone at 1.3.
  • #452,308
  • Edited 8:55pm Apr 30, 2017 8:21pm | Edited 8:55pm
I remain bullish on the monthly ATM

short term 1H trade for this week.

waiting for green light

Should price continue to meander above and below upper TL sell the highs at the TL for TP at the low

NOT FAIL BUT SAIL

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NO STOPS
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FREEDOM IS SECURITY.
  • #452,309
  • Apr 30, 2017 9:15pm Apr 30, 2017 9:15pm
Cable now have higher potential to drop between 400 ~ 500 pips based on weekly TF. 400~ 500 is confirm. Target 1000 pips
  • #452,310
  • May 1, 2017 12:46am May 1, 2017 12:46am
I am only gonna be scalping short this pair for now, GL all
  • #452,311
  • May 1, 2017 1:22am May 1, 2017 1:22am
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Money moves the market, not an indicator.
  • #452,312
  • May 1, 2017 1:43am May 1, 2017 1:43am
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  • #452,313
  • May 1, 2017 1:44am May 1, 2017 1:44am
Quoting josh11
I am only gonna be scalping short this pair for now, GL all
Gee Josh I would have thought you would be dancing around the pole today.
  • #452,314
  • May 1, 2017 1:45am May 1, 2017 1:45am
Quoting Ill-b-back
Nice monthly hammer after consolidation. Buying dips, with 2845 being a good spot I think
target area above
Weekly also looks bullish to me.

Curious as to (rationale) for a 400-500, even 1000 pip drop.

Something tells me there will be no explanation provided...
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Come with me if you want to live....
  • #452,315
  • May 1, 2017 1:48am May 1, 2017 1:48am
Quoting Nala66
{quote} Gee Josh I would have thought you would be dancing around the pole today.
That's tonight
  • #452,316
  • May 1, 2017 2:57am May 1, 2017 2:57am
  •  turnfx
  • | Joined Dec 2014 | Status: Only money management is the key of | 334 Posts
Quoting Ill-b-back
{quote} target area above Weekly also looks bullish to me. Curious as to (rationale) for a 400-500, even 1000 pip drop. Something tells me there will be no explanation provided... {image} {image}
not clear but should wait for it
  • #452,317
  • May 1, 2017 5:06am May 1, 2017 5:06am
Taking a short here at 2934 GL
  • #452,318
  • May 1, 2017 5:12am May 1, 2017 5:12am
Quoting josh11
Taking a short here at 2934 GL
and me took a Long here
  • #452,319
  • May 1, 2017 5:28am May 1, 2017 5:28am
Waiting to see how things play out here, but I'm expecting a short set up, rather than long --
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  • #452,320
  • May 1, 2017 5:36am May 1, 2017 5:36am
Quoting sameerbusine
{quote} and me took a Long here
I am a scalper, so this is my short term view GL
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