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Cable Update (GBPUSD)

  • #452,561
  • May 13, 2017 3:48am May 13, 2017 3:48am
Looking at levels next week on the fibs.
Co-incidence is it ? - that we closed on the level we did.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd-h4-ifcmarkets-corp.png Size: 84 KB
  • #452,562
  • May 13, 2017 4:33am May 13, 2017 4:33am
Quoting dean1star
Looking at levels next week on the fibs. Co-incidence is it ? - that we closed on the level we did. {image}
can u share me this indicator of auto fibo drawer...
  • #452,563
  • May 13, 2017 2:55pm May 13, 2017 2:55pm
GBP/USD did not make any interesting moves this week. Interesting to see how the next develops.
  • #452,564
  • May 14, 2017 10:22am May 14, 2017 10:22am
CABLE got a weekly down bar after 4 week rise. Now, it is in corrective mode. 1.2750 -- 1.3000 range.

double top neckline 1.2900 on H4. If above 1.2900, bull run.
  • #452,565
  • May 14, 2017 10:27am May 14, 2017 10:27am
Attached Image (click to enlarge)
Click to Enlarge Name: 7310_1494574087.jpg Size: 43 KB
  • #452,566
  • May 14, 2017 3:54pm May 14, 2017 3:54pm
Looks like a small gap down on opening today and my view on the pair this week is bearish.

Solid bear weekly candle and price has fallen back under established bear trendline on daily chart. Before placing a trade, I'll probably wait for price to retest 1.29, as the 4 hour chart (when looking at RSI as well), is a little unclear.

Ideal entry - 1.29 (further to a retest/failed break of this level)
1st target level - 1.2772.
Attached Image (click to enlarge)
Click to Enlarge Name: XcZpn.png Size: 37 KB
  • #452,567
  • May 14, 2017 4:15pm May 14, 2017 4:15pm
Quoting Luzbay
Looks like a small gap down on opening today and my view on the pair this week is bearish. Solid bear weekly candle and price has fallen back under established bear trendline on daily chart. Before placing a trade, I'll probably wait for price to retest 1.29, as the 4 hour chart (when looking at RSI as well), is a little unclear. Ideal entry - 1.29 (further to a retest/failed break of this level) 1st target level - 1.2772. {image}
Wait for a retest of 1.29, to get a nice discount.
"Don't lose your cool, and you will fare well".
  • #452,568
  • May 14, 2017 5:00pm May 14, 2017 5:00pm
sell looking like a good idea
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 215 KB
Wave-Trader- Charts as DocHolliday on Tradingview also
  • #452,569
  • May 14, 2017 7:16pm May 14, 2017 7:16pm
The pair has no enough directional strength, any further gain would require break above the immediate resistance level around 1.2920/30.
  • #452,570
  • May 14, 2017 11:42pm May 14, 2017 11:42pm
Quoting Ill-b-back
Last call to arms {image}
Cable's on the move
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDDaily.png Size: 23 KB
Click to Enlarge Name: GBPUSDH4.png Size: 26 KB
Come with me if you want to live....
  • #452,571
  • May 15, 2017 1:49am May 15, 2017 1:49am
test 1.2926 , breaks for 2965 or top to decide crazily go 3080 to 3200 before or after 2616 supports areas for any real big up and not break got there first below 1.2754 towards 2615.. take care . fontu
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 37 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #452,572
  • May 15, 2017 4:16am May 15, 2017 4:16am
as requested.
Attached File(s)
File Type: mq4 Fibonacci All TF.mq4   135 KB | 311 downloads
  • #452,573
  • May 15, 2017 1:02pm May 15, 2017 1:02pm
In some long positions at 1.295, with the sudden down trend I'm not sure if I should hold off, or close, or to mitigate with some shorts.
  • #452,574
  • May 15, 2017 10:06pm May 15, 2017 10:06pm
Quoting Ill-b-back
{quote} Cable's on the move {image} {image}
Still bouncing about

Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDDaily.png Size: 23 KB
Click to Enlarge Name: GBPUSDH4.png Size: 26 KB
Come with me if you want to live....
  • #452,575
  • May 15, 2017 10:48pm May 15, 2017 10:48pm
Quoting WartsG
In some long positions at 1.295, with the sudden down trend I'm not sure if I should hold off, or close, or to mitigate with some shorts.
Pound long and peeing against the wind are two things to avoid
Anyway... news 9:30.
May have some ideas before /after.

GL.
Beware of robber banks (RB), bad advisors.
  • #452,576
  • May 16, 2017 12:09am May 16, 2017 12:09am
think I'll try a short scalp against 1.2955/60 today if I get a chance...
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH4.png Size: 60 KB
Look Sharp/Trade Tight
  • #452,577
  • May 16, 2017 1:15am May 16, 2017 1:15am
Inserted Video
  • #452,578
  • May 16, 2017 2:06am May 16, 2017 2:06am
2968 looks like the likely target for today
  • #452,579
  • May 16, 2017 2:25am May 16, 2017 2:25am
Quoting WartsG
In some long positions at 1.295, with the sudden down trend I'm not sure if I should hold off, or close, or to mitigate with some shorts.
I should think once we get a 4hr close above 2933 today, 1.3 would be a logical (1st) target
Come with me if you want to live....
  • #452,580
  • May 16, 2017 4:10am May 16, 2017 4:10am
where is the next good, premium support....I'm not seeing to much near by, But I will mark 1.2785 on my chart....
Look Sharp/Trade Tight
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