Cable Update (GBPUSD)

Quoting hipcio

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I plan to trade today as it was the south trend
I see the range between 8100 and 8000
I think in time we can see the falling triangle
I can also see smthg like H&S on e/u 15 min chart
So I will try to sell close to 8100 and close @ 8000
with SL above 8120

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Quoting ezmystic

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morning all,
some choppy trading today eh? Did anyone else get the tick that closed the gap, or was it just a bad tick on my chart?

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Quoting pip me

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you can see the gap on the chart i just uploaded and it hasn't been closed on that...

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Quoting pip me

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hey all,
i think it is going up...been scalping on the M5 for the past 2 hours or so(+150 pips) and I watch the M5 quite closely usually and I have noticed that this pair likes to breakout on a tripple bottom/top. I think who makes the tripple first, it will breakout in that direction, and I am favouring up...
what do you think?

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Quoting "expert"

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I was short this morning as i said and i was+110 pips without scalping.So i think it is not a good way to say it will go up just because on sculp on long way someone take money.On this fall on GU i know i guy who was always trying to go long on some bottoms.So the trend was down and he was going long and he make money.Maybe he was thinking as long i am long and i make money it will go up.Some day...And it will.But untill then i was short on every top and i was makeing money too.Only much more then him.As for the tripple bottom/top breakout i don't know.Good thinking.Will watchh for that.
Man is always in learning proces.But i think we need a retrace first.and MACD on 15 is going down for some time and price was going up so...


By the way i am short again from 1.8051 with SL1.8075.Target 1 1,7965 target 2 1,7850 and 1.7785 would be nice today.So go down please.

This is just my thinking.It might be wrong.

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Quoting "expert"

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I was short this morning as i said and i was+110 pips without scalping.So i think it is not a good way to say it will go up just because on sculp on long way someone take money.On this fall on GU i know i guy who was always trying to go long on some bottoms.So the trend was down and he was going long and he make money.Maybe he was thinking as long i am long and i make money it will go up.Some day...And it will.But untill then i was short on every top and i was makeing money too.Only much more then him.As for the tripple bottom/top breakout i don't know.Good thinking.Will watchh for that.
Man is always in learning proces.But i think we need a retrace first.and MACD on 15 is going down for some time and price was going up so...


By the way i am short again from 1.8051 with SL1.8075.Target 1 1,7965 target 2 1,7850 and 1.7785 would be nice today.So go down please.

This is just my thinking.It might be wrong.

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Quoting pip me

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but anyway the trend is up, well that's what my system is telling me and that is why I am going long...

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Quoting "expert"

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Ok i look daily and i see down trend.This could be just a retrace.That big fall need retrace from time to time.Everybody knows that.Daily momentum is at 0.It need break to confirm, but then gin it could be false break.

If i watch 1hr ,4 hr chart then we are in uptrend.And that up move needs retrace too.That is why i am short.Then i will go up too.But this is forex and move is possible without retrace.

Oh i have strong argument for short.Listen to this.It is always to go down then up.Gravity.
This is a joke.

Now for real.I think we need to see some down move before up if it comes to that at all.Maybe my targets are to much optimistic but...Dont forget GB has bad fundamentals as well

It is nice to talk with you PIP ME.Good to hear other side as well.

I move my SL to BE+1 just in case you are write,but if i don't see big energy on 1.8125 area will go short agin from theare.

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