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Cable Update (GBPUSD)

  • #369,361
  • Mar 26, 2014 10:10am Mar 26, 2014 10:10am
Attached Image (click to enlarge)
Click to Enlarge Name: gbj.png Size: 114 KB
gbjy following that should go 170 iih gbus 6610 ???? maybe
  • #369,362
  • Mar 26, 2014 10:19am Mar 26, 2014 10:19am
Quoting Zircon
Could be a bullish meeting line, need confirm for today.?? if not downtrend is on the way. {image}
Daily is trending up guys,shorting is not good, unless you scalp.


trade safe.
If skills could be acquired by watching, every dog would be a butcher. Turk
  • #369,363
  • Mar 26, 2014 10:19am Mar 26, 2014 10:19am
reiz_gamer .. is that you ?

****
hajar blehhhhhhhhhhhh


Quoting reizamv
trend not confirmed yet...but i agree if buy GBP/USD..all timeframe say buy
not euphoria follower
  • #369,364
  • Mar 26, 2014 10:22am Mar 26, 2014 10:22am
res, 6574 then 6616
  • #369,365
  • Mar 26, 2014 10:25am Mar 26, 2014 10:25am
longs all sold 6574 gone short sl on the open
  • #369,366
  • Mar 26, 2014 10:26am Mar 26, 2014 10:26am
how H1 close in next 34 minutes ? false break or not .............. #waiting
not euphoria follower
  • #369,367
  • Mar 26, 2014 10:27am Mar 26, 2014 10:27am
Both my gu positions are in profit now. 6550 and 6500 from last week. Patience is the key, patience and not setting stops to tight. This is what seperates good traders from bad. Patience and not setting stops to tight as to get stop hunted out. The only way to be able to do this is to scale into the trade. Lighten your lot size and let trades breathe.
  • #369,368
  • Mar 26, 2014 10:30am Mar 26, 2014 10:30am
Quoting elbert3
{quote} {image} good job i went long earlier. 2nd target is right were you said i think i will post new chart i min
keep short.dont hold long position

6616 will not touch
  • #369,369
  • Mar 26, 2014 10:31am Mar 26, 2014 10:31am
Quoting lonewolf1
Both my gu positions are in profit now. 6550 and 6500 from last week. Patience is the key, patience and not setting stops to tight. This is what seperates good traders from bad. Patience and not setting stops to tight as to get stop hunted out. The only way to be able to do this is to scale into the trade. Lighten your lot size and let trades breathe.
True, with small lot size you can always get back in. Just came back to see that my GBP/USD long was stopped out by 1 pip haha. Well, sometimes it happens ... just reenter ...
Fix up, trade sharp ...
  • #369,370
  • Mar 26, 2014 10:31am Mar 26, 2014 10:31am
Quoting lonewolf1
Both my gu positions are in profit now. 6550 and 6500 from last week. Patience is the key, patience and not setting stops to tight. This is what seperates good traders from bad. Patience and not setting stops to tight as to get stop hunted out. The only way to be able to do this is to scale into the trade. Lighten your lot size and let trades breathe.

I suggest you to take profits as its going to tank very soon.
  • #369,371
  • Mar 26, 2014 10:36am Mar 26, 2014 10:36am
Quoting elbert3
{quote} looks like it was 6523 to go long
i was right hard call to lose money but got it back the hard way need nj to pull it off, but it is es line so letts see
  • #369,372
  • Mar 26, 2014 10:40am Mar 26, 2014 10:40am
Quoting elbert3
{quote} i was right hard call to lose money but got it back the hard way need nj to pull it off, but it is es line so letts see
option expiry in 20 mins. 1.6530 is large option expiry. watch out for volatility in next 20 mins. more or less I think we may get 78 but nt more than that. on the downside may be 45
  • #369,373
  • Mar 26, 2014 10:48am Mar 26, 2014 10:48am
Quoting iqyu5an
how H1 close in next 34 minutes ? false break or not .............. #waiting
mantap mas bro ... USDX D1 ...AB=CD ...
Attached Image (click to enlarge)
Click to Enlarge Name: #usdxdaily.png Size: 39 KB
  • #369,374
  • Mar 26, 2014 11:12am Mar 26, 2014 11:12am
Quoting giveachance
{quote} option expiry in 20 mins. 1.6530 is large option expiry. watch out for volatility in next 20 mins. more or less I think we may get 78 but nt more than that. on the downside may be 45
were do you think i have tp ?? just to pass the time lol
  • #369,375
  • Mar 26, 2014 11:22am Mar 26, 2014 11:22am
Quoting giveachance
{quote} I suggest you to take profits as its going to tank very soon.

Ha Ha i will let the charts, and price action dictate when i get out. Not some trader that probably is just guessing.
  • #369,376
  • Mar 26, 2014 11:23am Mar 26, 2014 11:23am
Quoting Mr.C
Good day traders. Cable on today's menu. Pending sell placed @ 1,6581. SL @ 1,6616.
Short activated.
Twitter: MrC_Forex ; Facebook: /pages/MrC-Forex/197693770247397
  • #369,377
  • Mar 26, 2014 11:24am Mar 26, 2014 11:24am
Give me one valid reason based on charts or price action that would suggest that this is about to tank. See i base my decisions on s/r levels so tell me on a 4 hour chart or higher why i should be shorting. Show me some major level of resistance that would make me want to short.

I don't trade based on the assumptions of loser traders.
  • #369,378
  • Mar 26, 2014 11:34am Mar 26, 2014 11:34am
There is room for cable to move up based on prior SR levels. However, it looks to me like this is slow accumulation for the next move down. That is how I see it and I even hope I am wrong on this.
  • #369,379
  • Mar 26, 2014 11:55am Mar 26, 2014 11:55am
Short GU..never hold long position...
  • #369,380
  • Mar 26, 2014 11:55am Mar 26, 2014 11:55am
lets see if it breaks the 25em on the 5 min 6544 looks like a target but as you say room to go up, i am on scalp mode pp now so win win
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