Cable Update (GBPUSD)

Good day to you,

Thread dying... there are 78 individuals watching.

Please introduce yourself. Tell us who you are - what you expect being here for? We need to keep this thread going.

Let us discuss the pair. Any comments welcome. No right, no wrong.

Come on viewers. Talk!

Regards

GBPLFX back below resistance.
I think it could come lower!

Any Idea?
Thanks to Tau

Good day to you, sir

If I was sending the corner store oke PM's with useless comment, info or requests - then I would understand the female hormones coming through...

But this is not the case.

Any reasonable person would say; " Oh F*ck - I went off at the wrong person - sorry, dude!"

But not our friend Nunchucks.

Therefor my request to post a copy of my supposed PM -

Just to clarify.

Regards

Good day to you, sir

Daily to me is indicating short. But 4hr has got something else present. This based on EU chart with correlation... do not know.

I have recently moved over to trading 4hr.. so my reflexes are still in 5min,15min mode. Entering too early. Getting out too early. Many mistakes.

But the more I trade longer term, the calmer I get.

To answer your question - I personally see higher first. Thank you for the post.

Regards

In 1hr 45munites from now ill have a firmer confirmation for a 100pip movement trade.

Friday has been the only good day for me in the last two weeks.
I hate this range 1.55-1.57 it could go either way.
Weekly is the only chart that tells me to long/swing.
Market is in sloooow motion.....

long is holding atm

Anyone in on NZDUSD I'm just waiting to short that sucker.

Do share...

As said - moving to 4hr and daily trading has been quite a process for me.

I had to - for several reasons.

I have longs riding, but ready to short anytime soon.

What is an average building platform for 1hr, 4hr and daily?

1hr - every 20 pips against
4hr - every 40 pips against
Daily - ?

some help would be appreciated

Regards

Good day,



Regards

As i was typing the last message, cable went and breached 1.5700, solving one of my jigzaw's. Now if it can stay below 1.5741 leaving it untouched till end of NY session, then its a long. Would post exact entries and target later.

Good day to you,

entered short @ 1.5690.

Please take note of the following:

1) First entry was 50% of normal lot.
2) Trading Daily chart here - drawdown will be part of the trade.
3) Will enter another short every 50 pips to a max of 4.

Plan is to profit.

Regards

By the close of this present 1hr candle, ill confirm if to buy or just sit back and let it pass. Lets see

73 pips for today. happy enough to call it a day.I still have some shorts on USD CAD but i'll leave them there

Daily charts show continuation on EU and GU cllimb and fall of USD CHF and USD CAD.

50 pips more today only 120 till the next decent stop

my TP will be 200-240 pips from now on.

but I preffer to scalp so...market can do whatever.

I'll take the 50 more pips on USD CAD and done

I can see a lot of visitors and new members just sitting here watching probably waiting for a buy or sell call. You can never learn like this.

Just try and contribute, nobody will laugh at you rather you'll be assisted by some really great traders on this forum.

I don't like the calls for GU going higher. 1.5700 is putting up stiff resistance and the last swing high failed to take out the previous high from Friday. PA is showing bearish sentiment. I sold @ 1.5692 with a tight SL.

good day to you, sir

Agreed. Please post. does not matter if you are right or wrong. Post...

Take hands.

Regards

Hey dudes n dudettes,

Its been a while since Ive posted, not even sure if I have ever posted

Im in short, we should see weekly pivot been hit again and below...

B

Hi Makavelli7, TauTrader and everyone else.

Just wanting to introduce myself. I began looking at Forex a few years ago and, like typical newbie's, went straight in and blew my first account (not too much but enough to make me feel I'd been burnt). Things in my life then changed and found I didn't have the time to spare looking at FX and left it for a while.

I've recently come back to the board as I've decided to look at FX properly and with the attention it deserves (or should I say the attention I need to apply to hopefully avoid blowing future accounts).

Appreciate all the posts from people on this forum. I enjoy reading them and trying to understand their analysis against where the market is, has been and ends up. Hopefully, I'll be able to contribute some useful comments in the future.

Best regards,
Fatgeeza