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Cable Update (GBPUSD)

  • #460,921
  • Jun 11, 2018 5:00am Jun 11, 2018 5:00am
Quoting sat007
sell..sell...
I have started buying it.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM5.png Size: 54 KB
Intraday only.
  • #460,922
  • Jun 11, 2018 5:35am Jun 11, 2018 5:35am
Quoting navk
{quote} I have started buying it. {image}
hope you are wearing gloves as 1.3300 is next
the cautious seldom err....C
  • #460,923
  • Edited 9:45am Jun 11, 2018 5:36am | Edited 9:45am
Quoting pips29
{quote} hope you are wearing gloves as 1.3300 is next
My method is not with stop loss. Not small scalping either.
Intraday only.
  • #460,924
  • Jun 11, 2018 5:39am Jun 11, 2018 5:39am
Quoting navk
{quote} My method is not with stop loss. Not scalping either.
good you have a stop and you must keep it hidden from big boys view...they are going for 1.3300
the cautious seldom err....C
  • #460,925
  • Jun 11, 2018 5:39am Jun 11, 2018 5:39am
Took the up from Friday closed this morning on simple 70 pips.
Waiting now might just take a counter trade on this move tomorrow at the earliest lets see how it plays
end of the day no rush especially when trading ..
  • #460,926
  • Jun 11, 2018 5:48am Jun 11, 2018 5:48am
Quoting pips29
{quote} good you have a stop and you must keep it hidden from big boys view...they are going for 1.3300
Big guys must be interested in $$$$$$$$$$$$$ M and not my 0.01 lots. lols.
Intraday only.
  • #460,927
  • Edited 7:51pm Jun 11, 2018 5:49am | Edited 7:51pm
Yep, 1.33 makes sense.
However, watchout for a daily close back above 3380
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDH4.png Size: 23 KB
Click to Enlarge Name: GBPUSDDaily.png Size: 22 KB
Click to Enlarge Name: GBPUSDDaily1.png Size: 24 KB
Come with me if you want to live....
  • #460,928
  • Jun 11, 2018 5:51am Jun 11, 2018 5:51am
Quoting dean1star
Took the up from Friday closed this morning on simple 70 pips. Waiting now might just take a counter trade on this move tomorrow at the earliest lets see how it plays end of the day no rush especially when trading ..
It is not a counter trend trade.

It is in a range and it is going to be until summer. People will be benifited in long and short as long as they keep MM .

Good play.
Intraday only.
  • #460,929
  • Jun 11, 2018 5:54am Jun 11, 2018 5:54am
Quoting navk
{quote} It is not a counter trend trade. It is in a range and it is going to be until summer. Good play.
Counter trade is not a Counter Trend Trade with my system that is NavK .. to counter this down move there will be a time and place with a buy back zone which in effect counters the original value of the move, logical really no mention of trend either .. but you get my meaning sure you do
  • #460,930
  • Jun 11, 2018 5:57am Jun 11, 2018 5:57am
Quoting dean1star
{quote} Counter trade is not a Counter Trend Trade with my system that is NavK .. to counter this down move there will be a time and place with a buy back zone which in effect counters the original value of the move, logical really no mention of trend either .. but you get my meaning sure you do
Oh, ok, Good I learned something today.

And I am doing exactly what you do.
Intraday only.
  • #460,931
  • Jun 11, 2018 5:58am Jun 11, 2018 5:58am
Quoting navk
{quote} Oh, ok, Good I learned something today.
Me too Navk always something every day still lol ..
  • #460,932
  • Jun 11, 2018 6:04am Jun 11, 2018 6:04am
Quoting masudsardar
{image}
Attached Image (click to enlarge)
Click to Enlarge Name: ff.jpg Size: 76 KB
to err is human
  • #460,933
  • Jun 11, 2018 7:27am Jun 11, 2018 7:27am
Despite the negative sentiment across GBP fundie it resisting the downside movement. a slowdown in the manufacturing activity and widening trade balance should weigh negatively on the upcoming GDP numbers on the pound which should further put the BOE interest rate hike decision on hold and possibly extend it to the year-end.
GU should be trading between 1.3450-1.3100. The1.31 level seems to be very hard for the bears to break we need some very bad news to push the pound beyond the 1.31 mark.
Attached Image (click to enlarge)
Click to Enlarge Name: gb.png Size: 40 KB
  • #460,934
  • Jun 11, 2018 7:48am Jun 11, 2018 7:48am
Quoting navk
{quote} I have started buying it. {image}
For short term as there will be retracement pull back to 1.39 ish or more before it heads down(-this is purely guess as there is usd interest rate hike this week!) - unless this is already feed into market..
  • #460,935
  • Jun 11, 2018 8:29am Jun 11, 2018 8:29am
Quoting sat007
{quote} For short term as there will be retracement pull back to 1.39 ish or more before it heads down(-this is purely guess as there is usd interest rate hike this week!) - unless this is already feed into market..
I do not guess prices. I have failed in doing that.

I just trade in different style.

O/B, O/S. with out stop loss and with incremental lots.
Intraday only.
  • #460,936
  • Jun 11, 2018 8:45am Jun 11, 2018 8:45am
Attached Image (click to enlarge)
Click to Enlarge Name: ff.jpg Size: 70 KB
to err is human
  • #460,937
  • Jun 11, 2018 9:28am Jun 11, 2018 9:28am
Quoting navk
{quote} I do not guess prices. I have failed in doing that. I just trade in different style. O/B, O/S. with out stop loss and with incremental lots.

I dont guess on price action but just on data releases... based on news..
  • #460,938
  • Jun 11, 2018 9:35am Jun 11, 2018 9:35am
Quoting sat007
{quote} I dont guess on price action but just on data releases... based on news..
Intraday only.
  • #460,939
  • Jun 11, 2018 9:45am Jun 11, 2018 9:45am
Quoting navk
{quote} I have started buying it. {image}
Closed my longs, started to sell.
Intraday only.
  • #460,940
  • Jun 11, 2018 11:48am Jun 11, 2018 11:48am
Quoting navk
{quote} I do not guess prices. I have failed in doing that. I just trade in different style. O/B, O/S. with out stop loss and with incremental lots.

o/b, o/s? Open buy open sell?
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