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Cable Update (GBPUSD)

  • #339,401
  • Apr 25, 2013 3:52am Apr 25, 2013 3:52am
Looks like there is going to be a double top on H4
  • #339,402
  • Apr 25, 2013 3:53am Apr 25, 2013 3:53am
Im trading free now, Trailing stop. But now I have to make a decision, Ive got shorts open also, do I close now or wait for retrace, Im just thinking if it breaks resistance I wont have a chance to stop in a good pos.
  • #339,403
  • Apr 25, 2013 3:53am Apr 25, 2013 3:53am
Quoting Robby
dose not madder about that. you have auto trading systems with billions of dollars that come in at these levels no madder what the news is. you will see your move over the next 2 months but as far as the now picture you will not. that is just my opinion from making some of those systems.{quote}
Robby What would be ur TP now?
  • #339,404
  • Apr 25, 2013 3:54am Apr 25, 2013 3:54am
hopefully the sun makes women spend this summer
  • #339,405
  • Apr 25, 2013 3:57am Apr 25, 2013 3:57am
Quoting nAVIN2007
hopefully the sun makes women wear skimpy outfits this summer
couldn't agree more mate
  • #339,406
  • Apr 25, 2013 3:57am Apr 25, 2013 3:57am
as I said before. you will get the bottom taken out around 1.48 to get rid of all the people trying to follow this move then you will get the real move. what you have here is bring in all the people who want to donate. Scalpers are the only ones who are going to make anything out of this if they get in and out
Quoting iNSIELD
{quote} Robby What would be ur TP now?
  • #339,407
  • Apr 25, 2013 4:05am Apr 25, 2013 4:05am
off to work, let's see where we finish this week.

Where the F#*k is MASO?
Come with me if you want to live....
  • #339,408
  • Apr 25, 2013 4:08am Apr 25, 2013 4:08am
going short at 1.54499
when GOD brings you a challenge he also gives you the power to deal with it
  • #339,409
  • Apr 25, 2013 4:09am Apr 25, 2013 4:09am
Quoting eitan1010
going short at 1.54499
Hi eitan,

I'm selling more with 100 SL

Regards,
dormin
"be content with your pay" - John the Baptist
  • #339,410
  • Apr 25, 2013 4:09am Apr 25, 2013 4:09am
Chazzle: How long have you been using prorealtime charts for and how do you find them?
  • #339,411
  • Apr 25, 2013 4:11am Apr 25, 2013 4:11am
Sell 1.5435 hold for 2 day only small amount 0.3 lot
Just Newbie Need Guidance From The Expert
  • #339,412
  • Apr 25, 2013 4:13am Apr 25, 2013 4:13am
i was too overcareful this week. 0 pips on pound
was waiting drop to 1.5180 and my scenarios didnt work out.
the good think is that avoided big loss too. now i see 1,5535 then could reverse.
LONG POUND at 38.2 fib pullback.
  • #339,413
  • Apr 25, 2013 4:13am Apr 25, 2013 4:13am
Quoting chazzle
{quote} couldn't agree more mate
yes i agree again
  • #339,414
  • Apr 25, 2013 4:19am Apr 25, 2013 4:19am
61.8 fibo point at 1.54245
when GOD brings you a challenge he also gives you the power to deal with it
  • #339,415
  • Apr 25, 2013 4:22am Apr 25, 2013 4:22am
possibly if price is on steroid, price might retrace to 1.5408/13 and then bounces back to test top.

or current 38.2 @ 1.5384.

Both levels are key areas for bounce/dip.

Still however, if sentiment continues it might just keep hopping without resistance, and that's how cable moves, just like how it plunge and now its doing the opposite.
  • #339,416
  • Apr 25, 2013 4:24am Apr 25, 2013 4:24am
Quoting fuzion
Chazzle: How long have you been using prorealtime charts for and how do you find them?
3 yrs+

I'm used to PRT and on the whole , really like it for charting - it is possible to deal through the charts via IG, but not always reliable - I just tried to close a EU long on the pop half an hour ago via the charts and it wouldn't let me - so closed via the platform instead - cost me a few ticks...

lines and drawn segments viewable on every lower timeframe when you place them on a higher timeframe chart - this is cool - wish they would extend the feature to all drawn objects including shapes

*this last is a hint, in case you work for PRT/ITFinance
  • #339,417
  • Apr 25, 2013 4:29am Apr 25, 2013 4:29am
Quoting dormin
{quote} Hi eitan, I'm selling more with 100 SL Regards, dormin

good luck bro
when GOD brings you a challenge he also gives you the power to deal with it
  • #339,418
  • Apr 25, 2013 4:33am Apr 25, 2013 4:33am
Over the past 16 months, bullish GBP numbers spikes have been my favorite contrarion indicator.

Buy the BS, sell the fact
Come with me if you want to live....
  • #339,419
  • Apr 25, 2013 4:34am Apr 25, 2013 4:34am
the ascending channel on on GU seem valid now
If there was easy money lying around,no one would be forcing it into your
  • #339,420
  • Apr 25, 2013 4:38am Apr 25, 2013 4:38am
If we see consolidation above 1.54239 won't be good for the bears
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