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Cable Update (GBPUSD)

  • #368,841
  • Mar 20, 2014 8:16am Mar 20, 2014 8:16am
Plan the trade ........ Trade the plan ............... ( click )

Simple !!!!!!
not euphoria follower
  • #368,842
  • Mar 20, 2014 8:19am Mar 20, 2014 8:19am
Quoting iqyu5an
Plan the trade ........ Trade the plan ............... Simple !!!!!!
well done i must say,, regards E
  • #368,843
  • Mar 20, 2014 8:21am Mar 20, 2014 8:21am
1.6525 is critical in the path to 1.6360 from 1.6475. i still think a big downside will come after philly fed
  • #368,844
  • Mar 20, 2014 8:41am Mar 20, 2014 8:41am
trying to rescue my gamble sl now 6496 then going short same number
  • #368,845
  • Mar 20, 2014 8:43am Mar 20, 2014 8:43am
philly fed if prints more than 6 techs will hammer it down. tapering is for sure then because that will signal a good unemployment report
  • #368,846
  • Mar 20, 2014 8:54am Mar 20, 2014 8:54am
24 pip loss waste of time i should of stuck to the plan this morning, i should set and forget it ,
  • #368,847
  • Mar 20, 2014 8:56am Mar 20, 2014 8:56am
Attached Image (click to enlarge)
Click to Enlarge Name: target2.png Size: 110 KB
  • #368,848
  • Mar 20, 2014 8:59am Mar 20, 2014 8:59am
Inserted Video
not euphoria follower
  • #368,849
  • Mar 20, 2014 9:04am Mar 20, 2014 9:04am
Quoting elbert3
24 pip loss waste of time i should of stuck to the plan this morning, i should set and forget it ,
focus .. thats all
  • #368,850
  • Mar 20, 2014 9:08am Mar 20, 2014 9:08am
Quoting DerekTrotter
{quote} focus .. thats all
yes i have been messing around with this platform and not doing what i should ,
  • #368,851
  • Mar 20, 2014 9:10am Mar 20, 2014 9:10am
Quoting elbert3
{quote} yes i have been messing around with this platform and not doing what i should ,
u got it dont get distracted with thoughts for other traders, focus on where ur at ..
  • #368,852
  • Mar 20, 2014 9:15am Mar 20, 2014 9:15am
Quoting godim
Bulls need support from the pink line. From next H4 bar. {image} No breakthrough only penetration. This is my personal opinion.
No support from the pink. For now resistance.

Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.gif Size: 59 KB


Resistance and from the blue - 6505. Probably a breakthrough.

That was the last for today.
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #368,853
  • Mar 20, 2014 9:17am Mar 20, 2014 9:17am
short term techs probably wanted 1.6525 and started a run. if they don't get it long term techs may take over and we will eventually break 1.6475
  • #368,854
  • Mar 20, 2014 9:31am Mar 20, 2014 9:31am
Quoting giveachance
short term techs probably wanted 1.6525 and started a run. if they don't get it long term techs may take over and we will eventually break 1.6475
Attached Image (click to enlarge)
Click to Enlarge Name: 1.png Size: 104 KB
a break os the range determines the way the emas are pointing down the yellow ema has crossed and signals down the only thing i am not happy with is how far away the 200 is, target bottom or back in the range ??/
  • #368,855
  • Mar 20, 2014 9:33am Mar 20, 2014 9:33am
Quoting iqyu5an
Plan the trade ........ Trade the plan ............... ( click ) Simple !!!!!!
whats your final TP?
  • #368,856
  • Mar 20, 2014 9:36am Mar 20, 2014 9:36am
Quoting giveachance
short term techs probably wanted 1.6525 and started a run. if they don't get it long term techs may take over and we will eventually break 1.6475
Attached Image (click to enlarge)
Click to Enlarge Name: 1a.png Size: 98 KB
is this what you mean,,shorting off one of the emas ,
  • #368,857
  • Mar 20, 2014 9:39am Mar 20, 2014 9:39am
Quoting elbert3
{quote} {image} a break os the range determines the way the emas are pointing down the yellow ema has crossed and signals down the only thing i am not happy with is how far away the 200 is, target bottom or back in the range ??/
I am not worried about the 200 at all

draw D1 and add MACD and you'll notice it's just crossed downwards, which tells me with reasonable probability the long term trend has tipped over south.
  • #368,858
  • Mar 20, 2014 9:44am Mar 20, 2014 9:44am
Quoting elbert3
{quote} {image} is this what you mean,,shorting off one of the emas ,
yes
  • #368,859
  • Mar 20, 2014 9:44am Mar 20, 2014 9:44am
Quoting wiseambition
{quote} I am not worried about the 200 at all draw D1 and add MACD and you'll notice it's just crossed downwards, which tells me with reasonable probability the long term trend has tipped over south.
Attached Image (click to enlarge)
Click to Enlarge Name: day.png Size: 96 KB
yes well done sir,, thats what this thread is about traders giving their thoughts, gl
  • #368,860
  • Mar 20, 2014 9:49am Mar 20, 2014 9:49am
ok then 6507 should be a entry point as that was last support now becomes resistance
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