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Cable Update (GBPUSD)

  • #452,461
  • May 7, 2017 8:00pm May 7, 2017 8:00pm
looks like 2933 coming next after bearish engulfing on 4hr
Not expecting too much decline from Macron victory, it was widely expected.
More about UK elections
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Come with me if you want to live....
  • #452,462
  • May 8, 2017 12:11am May 8, 2017 12:11am
Quoting Ill-b-back
looks like 2933 coming next after bearish engulfing on 4hr Not expecting too much decline from Macron victory, it was widely expected. More about UK elections {image}
May be but 1.314 areas not far away,weekly target may get there before correction towards 1.2700 to 1.2615 for minimum target 1.3532. correction 1.290 now ok though but risky if news effects in consideration.Take care , fontu
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #452,463
  • May 8, 2017 3:45am May 8, 2017 3:45am
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  • #452,464
  • May 8, 2017 7:05am May 8, 2017 7:05am
1.2980 is the resistance on the daily chart that needs to be broken for this pair to be bullish
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Don't Worry Be Happy
  • #452,465
  • May 8, 2017 9:01am May 8, 2017 9:01am
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  • #452,466
  • May 8, 2017 2:28pm May 8, 2017 2:28pm
Until price breaks the long term support/resistance area of 1.29053, I'll stay out.

I think once it does break this, it'll ride down to early 1.27-area. Probably on the announcement of the expected rate hike.
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  • #452,467
  • May 8, 2017 3:02pm May 8, 2017 3:02pm
Quoting Qu|cksilver
Hi, Does anyone agree cable may go up to 1.9050 area? or will continue bearish when the market open on monday?
Everytime I ask myself, Did quicksilver short GBP at 1.90x .... that return lol!
It's always part of a bigger plan
  • #452,468
  • May 8, 2017 3:45pm May 8, 2017 3:45pm
A drop before London?
  • #452,469
  • May 9, 2017 2:51am May 9, 2017 2:51am
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  • #452,470
  • May 9, 2017 2:53am May 9, 2017 2:53am
Quoting Mickster
{quote} Everytime I ask myself, Did quicksilver short GBP at 1.90x .... that return lol!
That Swap
  • #452,471
  • May 9, 2017 4:11am May 9, 2017 4:11am
.. stacking up shorts now along the high points - should eventually catch the down move over the next week or so.
  • #452,472
  • May 9, 2017 7:14am May 9, 2017 7:14am
2017/05/09 14:00+1GMT
EARLY AFTERNOON REPORT
Ubi maior minor cessat
  • #452,473
  • May 9, 2017 8:07am May 9, 2017 8:07am
. if its a Higher high then a nice place to re-load short ...
  • #452,474
  • May 9, 2017 10:41am May 9, 2017 10:41am
perhaps so
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  • #452,475
  • May 9, 2017 10:45am May 9, 2017 10:45am
Short. Target 1.29210.

Selling highs on M15 chart.
"Don't lose your cool, and you will fare well".
  • #452,476
  • May 9, 2017 11:25am May 9, 2017 11:25am
Quoting diana91
Short. Target 1.29210. Selling highs on M15 chart.
SL?
  • #452,477
  • May 9, 2017 11:53am May 9, 2017 11:53am
Quoting WaspyGlasses
{quote} SL?
1.29550
"Don't lose your cool, and you will fare well".
  • #452,478
  • May 9, 2017 12:52pm May 9, 2017 12:52pm
As for me SL 1.29 looks decent. Target 1.3
But big moves for today are over
  • #452,479
  • May 9, 2017 1:20pm May 9, 2017 1:20pm
Quoting WaspyGlasses
As for me SL 1.29 looks decent. Target 1.3 But big moves for today are over
Yep, nice bounce off the 50 fib,
buying dips
Come with me if you want to live....
  • #452,480
  • Edited 10:50pm May 9, 2017 4:08pm | Edited 10:50pm
Quoting hippiedog
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 https://www.youtube.com/watch?v=TWfph3iNC-k NO STOPS {image} {image}
I will hedge and HALO JUMP if need be.

This level is happening. 1.2776

FLAT EARTH OR MMS ANYBODY?

Perhaps some very large trees.

This weeks Essential viewing between trades.

made me wonder.

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