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Cable Update (GBPUSD)

  • #452,741
  • May 24, 2017 6:09am May 24, 2017 6:09am
Quoting andoseg2
{quote} Don't talk about things you don't understand.
OK
  • #452,742
  • May 24, 2017 6:10am May 24, 2017 6:10am
Quoting Nala66
{quote} OK
"Ok" . Now, if you are silent , take a look on http://www.schwab.com/public/schwab/..._averages.html

Green pips !
Money moves the market, not an indicator.
  • #452,743
  • May 24, 2017 6:25am May 24, 2017 6:25am
Quoting Nala66
{quote} OK

lol...
Look Sharp/Trade Tight
  • #452,744
  • May 24, 2017 6:27am May 24, 2017 6:27am
bear pressure is starting to build up to take this pair below the 20-day moving average

we will see what happens today after the FOMC minutes
Attached Image (click to enlarge)
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Don't Worry Be Happy
  • #452,745
  • May 24, 2017 6:36am May 24, 2017 6:36am
Quoting Nala66
{quote} It is pointless comparing price with an EMA....Price should be compared to price and Ema's should be compared to EMA's
Nala - would you mind elaborating on the above? Are you saying that only when EMAs cross should they be considered a signal to trade?

Asking to learn - not to try dragging you over the coals like some here.
Focus.
  • #452,746
  • May 24, 2017 6:49am May 24, 2017 6:49am
Quoting Marco-Kanto
{quote} Nala - would you mind elaborating on the above? Are you saying that only when EMAs cross should they be considered a signal to trade? Asking to learn - not to try dragging you over the coals like some here.
No not at all. I only use one EMA the 26 because this represents the waterline of the RSI and the MACD so it is very important due to the fact a lot of traders are using these indicators.

Ignore the price for the moment and you will see the EMA is always trying to break a previous average. If it fails then it will test the opposite side.

There are other things involved but look at this chart and you will observe the dash lines are the top and bottoms of the current range average
Attached Image (click to enlarge)
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  • #452,747
  • May 24, 2017 6:52am May 24, 2017 6:52am
Now when the price has hit that average look at the lower time frame i.e. 1min and you will see it was oversold...
Attached Image (click to enlarge)
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  • #452,748
  • May 24, 2017 7:18am May 24, 2017 7:18am
This pair is going to hit 1.2850 very soon.
Pepperstone All Time Return: 90.1%
  • #452,749
  • May 24, 2017 7:19am May 24, 2017 7:19am
This should come down to 2945
  • #452,750
  • May 24, 2017 7:27am May 24, 2017 7:27am
Quoting Nala66
Now when the price has hit that average look at the lower time frame i.e. 1min and you will see it was oversold... {image}
Thank you Nala - very interesting!
Focus.
  • #452,751
  • May 24, 2017 10:32am May 24, 2017 10:32am
Quoting MujjiFF
This pair is going to hit 1.2850 very soon.
yes, i also think so

Cheers

Al.
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #452,752
  • May 24, 2017 11:13am May 24, 2017 11:13am
Quoting andoseg2
If the price exceed the EMA50 setup nulified. {image}
Update:

Attached Image (click to enlarge)
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Money moves the market, not an indicator.
  • #452,753
  • May 24, 2017 12:27pm May 24, 2017 12:27pm
[quote=MujjiFF;9904649]This pair is going to hit 1.2850 very soon.[/quote
"Three successive rejections of 1.3050 over the past few days implies that 1.2910, the intervening low point between the three highs, is the key tipping point from a bearish perspective."
"A break of the triple top trigger would target a quick fall to 1.2770/75!!!!
  • #452,754
  • May 24, 2017 6:03pm May 24, 2017 6:03pm
Quoting andoseg2
{quote} Update: {image}
MMM What happened to your 50 EMA, you said your trade would be nullified.
  • #452,755
  • May 24, 2017 6:46pm May 24, 2017 6:46pm
1 hour chart...Well I awake this morning to find the bulls have halted the progress of the bears.

The bears once again found support yesterday but failed to make the average low

Now we have a very close situation with the bulls finding support ready to take out the bear support which now becomes resistance of course.

I suspect the bulls will win out following the bear weakness.
Attached Image (click to enlarge)
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  • #452,756
  • May 24, 2017 6:57pm May 24, 2017 6:57pm
On the daily chart...Not much of a change here except we see a slight acceleration of the ascending channel. Average is still continuing to climb.
Attached Image (click to enlarge)
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  • #452,757
  • May 24, 2017 8:06pm May 24, 2017 8:06pm
Quoting Ill-b-back
2933 still looks like a spot to watch for bullish PA {image}
looks like PA could be preparing a run up to target area
Attached Image(s) (click to enlarge)
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Come with me if you want to live....
  • #452,758
  • May 24, 2017 8:28pm May 24, 2017 8:28pm
http://www.zerohedge.com/news/2017-0...ay-come-sooner
  • #452,759
  • May 25, 2017 1:21am May 25, 2017 1:21am
Inserted Video
  • #452,760
  • May 25, 2017 3:53am May 25, 2017 3:53am
Why is this thread so dead???
Are the bears.....well.... shafted?!



Wake up!!!
It's buy time

I normally don't touch or recommend buying. it's crazy . Truly twisted and manipulated.....

Special case today.
News (bad) leaked at 7am.
Yet it goes up..... @9:25.
Ergo it's strong old boys buying....
Respect to these thieves....so i buy
1.2981 now. 1.32 target.

Demo!!!!!!!!!!!!! Never buy real!!!!!!!!! Unless 1.10.
Not an advice!!!!!
Beware of robber banks (RB), bad advisors.
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