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Cable Update (GBPUSD)

  • #362,821
  • Feb 11, 2014 5:36am Feb 11, 2014 5:36am
Quoting chazzle
{quote} pulled it already lol - will wait for a better set up
sl on the short few pips profit i do think we are right shorting this pair, just have to mind we dont miss the boat
  • #362,822
  • Feb 11, 2014 5:49am Feb 11, 2014 5:49am
Quoting elbert3
{quote} sl on the short few pips profit i do think we are right shorting this pair, just have to mind we dont miss the boat
I can't be bearish over 424 - got another AU entry though, just for a scalp - looking for 9017ish
  • #362,823
  • Feb 11, 2014 6:13am Feb 11, 2014 6:13am
Quoting chazzle
{quote} I can't be bearish over 424 - got another AU entry though, just for a scalp - looking for 9017ish
just had a look 4hour 22sma just below 50%fib from the 66 move have to watch price does not hit the 50 then sell off i might short there but will check lower time charts for entry
  • #362,824
  • Feb 11, 2014 6:17am Feb 11, 2014 6:17am
ok - fading from 456 may add 467
  • #362,825
  • Feb 11, 2014 6:19am Feb 11, 2014 6:19am
Quoting chazzle
{quote} I can't be bearish over 424 - got another AU entry though, just for a scalp - looking for 9017ish
the aud i have a big lot on it and i am taking 90% off now 9018
  • #362,826
  • Feb 11, 2014 6:24am Feb 11, 2014 6:24am
GU M15

just looking for a scalp here - retest of early DEC high as mentioned before
Attached Image (click to enlarge)
Click to Enlarge Name: gum15.PNG Size: 43 KB
  • #362,827
  • Feb 11, 2014 6:25am Feb 11, 2014 6:25am
Quoting elbert3
{quote} the aud i have a big lot on it and i am taking 90% off now 9018
nice one El
  • #362,828
  • Feb 11, 2014 6:30am Feb 11, 2014 6:30am
Quoting chazzle
GU M15 just looking for a scalp here - retest of early DEC high as mentioned before {image}
ok - done
  • #362,829
  • Feb 11, 2014 6:32am Feb 11, 2014 6:32am
taking the 467 opportunity now
  • #362,830
  • Feb 11, 2014 6:38am Feb 11, 2014 6:38am
Quoting chazzle
taking the 467 opportunity now
GU M15

again, keeping it tight
Attached Image (click to enlarge)
Click to Enlarge Name: gum15.PNG Size: 43 KB
  • #362,831
  • Feb 11, 2014 6:40am Feb 11, 2014 6:40am
Quoting chazzle
{quote} GU M15 again, keeping it tight {image}

pivot trader ?
  • #362,832
  • Feb 11, 2014 6:40am Feb 11, 2014 6:40am
this current m15 candle possibly being powered by stops
  • #362,833
  • Feb 11, 2014 6:41am Feb 11, 2014 6:41am
Quoting allisonmagic
{quote} pivot trader ?
no, I don't use pivots - if we have a day of crappy PA - I am not going to use the auto-calculated levels for the following day's trading
  • #362,834
  • Feb 11, 2014 6:42am Feb 11, 2014 6:42am
incredibly similare boxes here
Attached Image (click to enlarge)
Click to Enlarge Name: gbp USD d1 box Spot.png Size: 26 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #362,835
  • Feb 11, 2014 6:45am Feb 11, 2014 6:45am
Quoting chazzle
{quote} GU M15 again, keeping it tight {image}
bailed on that fast pulse north +2
  • #362,836
  • Feb 11, 2014 6:46am Feb 11, 2014 6:46am
Quoting chazzle
{quote} bailed on that fast pulse north +2
will now look for a failure of the level and retest before another poss. attempt
  • #362,837
  • Feb 11, 2014 6:52am Feb 11, 2014 6:52am
[quote=chazzle;7273726]this current m15 candle possibly being powered by stops[/quote
Attached Image (click to enlarge)
Click to Enlarge Name: d.png Size: 84 KB
thats the day chart were just above the 50% so i might wait a little
  • #362,838
  • Feb 11, 2014 6:55am Feb 11, 2014 6:55am
Quoting elbert3
thats the day chart were just above the 50% so i might wait a little
you closed that short from before?
  • #362,839
  • Feb 11, 2014 7:00am Feb 11, 2014 7:00am
[quote=elbert3;7273760]
Quoting chazzle
this current m15 candle possibly being powered by stops[/quote {image} thats the day chart were just above the 50% so i might wait a little
It's not stop loss orders, it's the fact that no one is selling at these levels. Look to the past for the reason why.


My opinion is you guys need to give up on shorting this pair. Do yourself a favor and buy GBPNZD and let it ride.
  • #362,840
  • Feb 11, 2014 7:04am Feb 11, 2014 7:04am
Quoting Zappa
Look to the past for the reason why.
thanks for the advice, will give it a shot
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