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Cable Update (GBPUSD)

  • #457,361
  • Dec 29, 2017 5:02pm Dec 29, 2017 5:02pm
False break, Daily Schnauzer pattern still in play (although with a very Regal nose).
Big dump coming I believe.
Have a great new year everyone
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDDaily.png Size: 25 KB
Come with me if you want to live....
  • #457,362
  • Dec 30, 2017 6:22am Dec 30, 2017 6:22am
Exciting stuff ahead in 2018 for the Sterling!
  • #457,363
  • Dec 30, 2017 7:48am Dec 30, 2017 7:48am
Quoting arigoldman
Exciting stuff ahead in 2018 for the Sterling!
Cable is always exciting lol. Anyway, we still sit above 1.35 and the strength of the Dollar is called into question. But we are not far from dipping under 1.35 psychological support so...
  • #457,364
  • Jan 1, 2018 10:29pm Jan 1, 2018 10:29pm
Gbp/Usd started the week with a small bearish gap, but soon recovered. Risk remains towards upside, 1.3550 act as strong resistance.
  • #457,365
  • Jan 1, 2018 10:46pm Jan 1, 2018 10:46pm
Taken short today in GU. Likely to go down. My stop around 1.3525 level.

Price needs to to go below 3505 for definite bearish move today.
Intraday only.
  • #457,366
  • Jan 2, 2018 1:55am Jan 2, 2018 1:55am
My broker just came online. CABLE is hanging below the previous week's high and struggling with a bullish H4 candle in formation. i will prefer to wait for that candle to close; even though the bias looks bearish, i shouldn't take a trade until the close of that candle. The bias will remain bearish as long as price stays below the 1.3543.
Attached Image (click to enlarge)
Click to Enlarge Name: GU.jpg Size: 137 KB
  • #457,367
  • Jan 2, 2018 2:05am Jan 2, 2018 2:05am
shorting at friday high. Another try.
Intraday only.
  • #457,368
  • Jan 2, 2018 3:53am Jan 2, 2018 3:53am
Quoting navk
shorting at friday high. Another try.
hai mate..
will short also soonnn
just for a cup of coffee...
  • #457,369
  • Jan 2, 2018 5:07am Jan 2, 2018 5:07am
Good day,

Wishing you all a wonderful 2018!

Trades not looking good on TE - but continue to test scenario's. Based on GU 4hr - shorting should be in order around here? Would be interesting to see if/how it works out. This is a test trade.

All the best!
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDH4.png Size: 39 KB
Click to Enlarge Name: GBPUSDH42.png Size: 78 KB
We Can
  • #457,370
  • Jan 2, 2018 5:08am Jan 2, 2018 5:08am
Quoting Ill-b-back
False break, Daily Schnauzer pattern still in play (although with a very Regal nose). Big dump coming I believe. Have a great new year everyone {image}
Flipped long to 3830. Will buy more with any significant dips.
Come with me if you want to live....
  • #457,371
  • Jan 2, 2018 5:09am Jan 2, 2018 5:09am
Longs paid off. Not sure where we are heading from here however. Took profit.
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled.png Size: 2 KB
  • #457,372
  • Jan 2, 2018 5:14am Jan 2, 2018 5:14am
Quoting MoneyFocus
Longs paid off. Not sure where we are heading from here however. Took profit. {image}
Awesomeness!

Hope your trading year works out to be killer. You seem to have a sound grasp on sniping pips from the market. All success to you!
We Can
  • #457,373
  • Jan 2, 2018 5:15am Jan 2, 2018 5:15am
Quoting KingOSwing
{quote} Awesomeness! Hope your trading year works out to be killer. You seem to have a sound grasp on sniping pips from the market. All success to you!
Nah, I have much to learn from everyone here.
  • #457,374
  • Jan 2, 2018 5:28am Jan 2, 2018 5:28am
Quoting MoneyFocus
{quote} Nah, I have much to learn from everyone here.
Modesty. Wonderful trait.
We Can
  • #457,375
  • Jan 2, 2018 5:40am Jan 2, 2018 5:40am
Quoting KingOSwing
{quote} Modesty. Wonderful trait.
I am not being modest, I really have no fricking clue where cable goes next lol.
  • #457,376
  • Edited 1:19pm Jan 2, 2018 5:40am | Edited 1:19pm
Quoting CrucialPoint
{image} {quote} ... Your trading journey has just begun. Nothing is perfect in life and there are rough sea ahead... But I am confident you will be able to handle it. May you prosper and uphold your responsibilities with such power and blessings. (Here is where the master walks away from the student and disappear into the sunset) See you in the afterlife, Brother. Peace, CrucialPoint
25 pips in a 33 pip range. Cp, I guess I am all set up too
Attached Image (click to enlarge)
Click to Enlarge Name: 33 range.png Size: 73 KB
The biggest risk is not taking a risk.
  • #457,377
  • Jan 2, 2018 5:46am Jan 2, 2018 5:46am
Yes and you didnt have same 1:1 lessons as the men from Veneto had. Congratiolations.
  • #457,378
  • Jan 2, 2018 6:41am Jan 2, 2018 6:41am
Quoting KingOSwing
Good day, Wishing you all a wonderful 2018! Trades not looking good on TE - but continue to test scenario's. Based on GU 4hr - shorting should be in order around here? Would be interesting to see if/how it works out. This is a test trade. All the best! {image} {image}
hai mate..
close my long..
testing small lot for short 1.3562 risk 20..
lets see still north or start going south
just for a cup of coffee...
  • #457,379
  • Jan 2, 2018 9:15am Jan 2, 2018 9:15am
Quoting akim0895
{quote} hai mate.. close my long.. testing small lot for short 1.3562 risk 20.. lets see still north or start going south
will probably go south
Don't Worry Be Happy
  • #457,380
  • Jan 2, 2018 9:25am Jan 2, 2018 9:25am
Quoting akim0895
{quote} hai mate.. close my long.. testing small lot for short 1.3562 risk 20.. lets see still north or start going south
good!

Still believe a measured entry plan here on the 4hr could yield positives.
We Can
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