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Cable Update (GBPUSD)

  • #452,761
  • May 25, 2017 8:22am May 25, 2017 8:22am
Quoting Forexgain
My chart says, we are about to see a clear break of 1.30 level today (or this week). Going with my charts & betting heavily on it {image}
I've been waiting, my friend ~ ~!
  • #452,762
  • May 25, 2017 9:02am May 25, 2017 9:02am
It's unlikely that there will be a breakout this week, and even if there is it will probably be to the downside below 1.2925. Next target will probably be 1.2850.
  • #452,763
  • May 25, 2017 9:19am May 25, 2017 9:19am
So far GU is in a range of 20 pips for 4 hours! It will break! I'm more inclined to the downside. My ST target is 1.2790. GL Everyone!
  • #452,764
  • May 25, 2017 5:32pm May 25, 2017 5:32pm
[quote=Dr.Zain;9905841]
Quoting MujjiFF
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!!!!
Hi Dr the game is afoot lol B
  • #452,765
  • May 25, 2017 5:48pm May 25, 2017 5:48pm
Quoting Nala66
{quote} 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 {image}
One has to watch 1. Its consolidating so where to the long side or the short side ? The strange thing about the way this happens is that the ema consolidation seems to happen at the same time as a news event ?? Why ?? Is it pure coincidence? Mmmmm 2 one has to watch any 1&4 hour cross over of 10 and 20 ema as this could signal a trend change . The proble is when this happens do you drop your trade that is going the other way ? Or do you hold and hold and hold until it takes out your accounts. This you will find happens as the thread goes quiet why we'll that was just answered ! The thing is for me is a game of intrigue, if one buys into a trade in the middle of a trans move you either calculate your worse case loss trade which is or should be the lower trend line that one has drawn or vice Versa on the high side if that makes sense to you . Think outside the box on cable because it does not give unles it can take back . Regards E
  • #452,766
  • May 25, 2017 5:57pm May 25, 2017 5:57pm
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look at this 5 min doji entry so we watch fo the same bull candle on the 5 min to end or to
  • #452,767
  • May 25, 2017 5:59pm May 25, 2017 5:59pm
Quoting elbert3
{quote} Just at a dinner do . And had a sneaky look so the wife don't see me and 4 hour doji ??? Have to go in case I get caught lol hic
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as above quote
  • #452,768
  • Edited 6:51pm May 25, 2017 6:09pm | Edited 6:51pm
From the daily chart it looks like 2858 is on the table.
Attached Image (click to enlarge)
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  • #452,769
  • May 25, 2017 7:34pm May 25, 2017 7:34pm
GBP being sold off on election poll as Corbyn closes the gap.

Now anyone in their right mind would take this opportunity to buy it on that news.
  • #452,770
  • May 25, 2017 9:58pm May 25, 2017 9:58pm
Quoting lasty
GBP being sold off on election poll as Corbyn closes the gap. Now anyone in their right mind would take this opportunity to buy it on that news.
price is out of channel. makes me wanna buy. but this pair is so shaky these days.
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  • #452,771
  • May 26, 2017 1:20am May 26, 2017 1:20am
Inserted Video
  • #452,772
  • May 26, 2017 2:02am May 26, 2017 2:02am
Quoting Ill-b-back
{quote} looks like PA could be preparing a run up to target area {image} {image} {image}
Ok, or not...

Looks like returning to 2754ish
Attached Image(s) (click to enlarge)
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Come with me if you want to live....
  • #452,773
  • May 26, 2017 2:04am May 26, 2017 2:04am
Quoting Not-KPMG
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!!!!!
I knew I should have closed out my longs when I read this NKP...

Come with me if you want to live....
  • #452,774
  • May 26, 2017 2:18am May 26, 2017 2:18am
now support 1 to `1
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  • #452,775
  • May 26, 2017 4:35am May 26, 2017 4:35am
Quoting Nala66
From the daily chart it looks like 2858 is on the table. {image}

Target 2858...Hit
  • #452,776
  • May 26, 2017 6:21am May 26, 2017 6:21am
GBP USD 1h H4 support broken next fib
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  • #452,777
  • May 26, 2017 8:32am May 26, 2017 8:32am
so correction before further up try next,presently around a support though but should not hold > 1.2614 & last 1.2573 limits down for up .breaks can lead to bottom again , hold to top & up again. takes care . fontu
Attached Image (click to enlarge)
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #452,778
  • May 26, 2017 8:32am May 26, 2017 8:32am
Quoting MujjiFF
This pair is going to hit 1.2850 very soon.
Quoting Dr.Zain
"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!!!!
Heading to 2770/75!!!!
  • #452,779
  • May 26, 2017 8:46am May 26, 2017 8:46am
Quoting Dr.Zain
{quote} {quote} Heading to 2770/75!!!!
ok , a must break if to break any level is 1.2754 & _.
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #452,780
  • May 26, 2017 9:50am May 26, 2017 9:50am
Quoting Forexgain
My chart says, we are about to see a clear break of 1.30 level today (or this week). Going with my charts & betting heavily on it {image}
My friend, I've been there, remember to reply to me! Thank you
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