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Attachments: Cable Update (GBPUSD)
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Cable Update (GBPUSD)

Quoting elbert3
{quote} {image} this is what poundtrader means little and often,, body builder style {image}
Don't I know it. And when I could trade both ways at once that's what I did in combination with longer holds. Just can't now so had to adjust. What's a guy to do?
Ghost Rider - WWTBMD?
hammer ..yes that's the one thanks Elbert..keeping me shorts
people are waiting for US news to come out. after an hour or two will hopefully see some new movement. people are also devouring the non-new-news from carney.
Quoting albchr
{quote} Don't I know it. And when I could trade both ways at once that's what I did in combination with longer holds. Just can't now so had to adjust. What's a guy to do?
scalp trade then if your in pp asap, dont think big sl,,, the idea of the game is entry with no sl needed ,but if we could all do that wow,, this is how i started, remember the post last week 10 trades risk 5 pips, the law of average is on your side , last week 3 trades down 19 pips 4th trade with 3 shorts inside it 119 pips bit of a pain in the arse ?? lots of commission to broker after a while they will send you a case of wine lol
Quoting slimcat
Any one looking at the weekly bar that is nearly complete? Even if it closes at last weeks high or higher, it would still look like a topping formation, don't know the name of this type of bar? This will lead into next month as bearish.....
Spinning top?
Quoting elbert3
{quote} scalp trade then if your in pp asap, dont think big sl,,, the idea of the game is entry with no sl needed ,but if we could all do that wow,, this is how i started, remember the post last week 10 trades risk 5 pips, the law of average is on your side , last week 3 trades down 19 pips 4th trade with 3 shorts inside it 119 pips bit of a pain in the arse ?? lots of commission to broker after a while they will send you a case of wine lol
.....
Ghost Rider - WWTBMD?
1:30PM GMT, US Employment Claim and PCE deflators, given the bad US data yesterday and the discrepancy between headline and underlying, market want to be cautious ahead of sensitive data.

This maybe a buy the rumour sell the fact case, which means after the news, as long as it is not too bad, cable will fall back to a neutral level before going up again.

Short @1.7027, see if it will f*k me or not.
Quoting duderoo1
{quote} Spinning top?

hi dude, I'm thinking if it closes on a high (worst case scenario ), 75 pips up from here, creates a new high..ie hammer
Quoting Mj23
Today's video covers a lot ground (GBPUSD, USDJPY, EURUSD) so suggest watching to the end Daily Forex Trading Outlook http://youtu.be/k09S46FP--E?hd=1
I finally took the time to watch one of your videos. Nicely done. and yes, that 100ema is killer on a daily for GU. The 50ema as well.
Ghost Rider - WWTBMD?
GU 1H

Price action analysis - 1H to the news bump

Parabolic price action around the 1.7002 S/R area has seen price resisted and supported with a break below and back above.
The graph prints a potential cup, the remainder of the day might print the handle, looking suspiciously like it will, bad US numbers will be contained at 1.71 optionality level. note also support has formed at the 6956 area. yet again bearish PA and structures have failed to follow through. Respect the trend

Attached Image
Should have never taken my ma's off the charts. A 4H touch on the 50 like this is almost always a sign for launch. 1H seems to have found SR in the zone for now. Might just take a 10 pip hit and wait out the news.

My favorite guessing game? I think it will green to neutral for the buck. In either case, probably won't help it much anyway. But then I've never had faith in it.

4H - 1H
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Ghost Rider - WWTBMD?
Quoting albchr
{quote} I finally took the time to watch one of your videos. Nicely done. and yes, that 100ema is killer on a daily for GU. The 50ema as well.
1.2 pips away will it go up ,,
Quoting GlobalMacro
{quote} Market finally managed to breach 735-745 resistance and close above 736 to high of 760... I'm in long here on retracement at 1.6730.
Quoting GlobalMacro
{quote} OK...I'm taking half of the long position here @ 1.6830 and booking 100 pips profit. Carrying the rest....
Alright....Closing the rest of the long position here @ 1.7030 and banking +300 pips profit.

All positions now flat.
Hear the music before the song is over ...
Quoting slimcat
hammer ..yes that's the one thanks Elbert..keeping me shorts
maybe hanging man guys, hammer is in downtrend
Quoting GlobalMacro
{quote} {quote} Alright....Closing the rest of the long position here @ 1.7030 and banking +300 pips profit. All positions now flat.
well done were next ??
Quoting musani
on 4hr im start build short again
Seens fail to close 1.6932 i try to biuld long at 1.6968.
And 1.7032 is my short start again

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GELORE
Quoting elbert3
{quote} well done were next ??
Relaxing & Maxing.....
Hear the music before the song is over ...
Quoting musani
{quote} Seens fail to close 1.6932 i try to biuld long at 1.6968. And 1.7032 is my short start again {image}
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i had to cheat 38.44 or 60
Quoting GlobalMacro
{quote} Relaxing & Maxing.....
well done ,,still working at this thing scalp to the top and short
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Quoting GlobalMacro
{quote} {quote} Alright....Closing the rest of the long position here @ 1.7030 and banking +300 pips profit. All positions now flat.
Ghost Rider - WWTBMD?
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