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Cable Update (GBPUSD)

  • #369,881
  • Apr 1, 2014 4:49am Apr 1, 2014 4:49am
Quoting DerekTrotter
{quote} Hey Jimmy got to ask how the hell do u see a cup in all of that and a handle too. amazing
1000's of chart hours
  • #369,882
  • Apr 1, 2014 4:49am Apr 1, 2014 4:49am
Quoting DerekTrotter
{quote} You too, best professional notes i have ever read, some of us just hang on in there with a piece of string - ruler and a pencil
@DerekTrotter:

Thank you just sharing like everyone else.

You made me laugh just now. I fell out the chair, when I read the last part of your post.

Hang in the mate

You've been doing very well from what I've been seeing.

You and elbert3 have a great synergy going there.

Continue making those green pips.

Just wanted to respond to your reply then off to bed

Scalping is tiring

HDA OUT
  • #369,883
  • Apr 1, 2014 4:50am Apr 1, 2014 4:50am
Quoting ruffryders
{quote} It's not cup and handle on H4, but rather a scoop pattern on D1, see below. targets 6900-7000 initially. {image}
Attached Image (click to enlarge)
Click to Enlarge Name: day1.png Size: 109 KB
it looks good??
  • #369,884
  • Apr 1, 2014 4:53am Apr 1, 2014 4:53am
Quoting elbert3
{quote} {image} it looks good??
why are you hiding your order type, it looks to me you are selling
  • #369,885
  • Apr 1, 2014 4:54am Apr 1, 2014 4:54am
Quoting HDA
{quote} @DerekTrotter: Thank you just sharing like everyone else. You made me laugh just now. I fell out the chair, when I read the last part of your post. Hang in the mate You've been doing very well from what I've been seeing. You and elbert3 have a great synergy going there. Continue making those green pips. Just wanted to respond to your reply then off to bed Scalping is tiring HDA OUT
Thanks HDA appreciated much
  • #369,886
  • Apr 1, 2014 4:55am Apr 1, 2014 4:55am
Quoting JimmyC
{quote} 1000's of chart hours
cool
  • #369,887
  • Apr 1, 2014 4:55am Apr 1, 2014 4:55am
Quoting JimmyC
Howzit GU! GU 4H Technical pattern = Cup & Handle Target as per chart, I'm long GU (medium term trade multiday target) {image} @HDA nice to see you hanging around (takes some of the pressure off) G/L
@JimmyC:

Thank you

Sometimes I get it wrong JimmyC, that's why I position trade. Too much work day trading and plus the wife , oh boy

Off to bed now

HDA OUT

P.S I dying for my scalp exit at 1.6640 to close and thenautomatically trigger my Buyers Game plan
  • #369,888
  • Apr 1, 2014 5:02am Apr 1, 2014 5:02am
Quoting munna.dakait
{quote} why are you hiding your order type, it looks to me you are selling
sorry it was just the way it was on the chart, i have nothing to hide my friend, i only post my opinion as all the traders do, never take another traders trade that they post unless, unless you agree that is the same plan as your own, i am not here to fool anybody, if you read my posts this is my demo chart the live money is elsewhere but the trades i post are the same , same numbers same win same lose. regards E
  • #369,889
  • Apr 1, 2014 5:05am Apr 1, 2014 5:05am
Quoting elbert3
{quote} sorry it was just the way it was on the chart, i have nothing to hide my friend, i only post my opinion as all the traders do, never take another traders trade that they post unless, unless you agree that is the same plan as your own, i am not here to fool anybody, if you read my posts this is my demo chart the live money is elsewhere but the trades i post are the same , same numbers same win same lose. regards E
ok, i saw it later that it was your demo account.
  • #369,890
  • Apr 1, 2014 5:08am Apr 1, 2014 5:08am
Quoting elbert3
{quote} sorry it was just the way it was on the chart, i have nothing to hide my friend, i only post my opinion as all the traders do, never take another traders trade that they post unless, unless you agree that is the same plan as your own, i am not here to fool anybody, if you read my posts this is my demo chart the live money is elsewhere but the trades i post are the same , same numbers same win same lose. regards E
I do the same Elbert, chart on demo trade on normal, find it kinda makes sense, plus some platforms are on different times to my broker, looks like a long day today so staying long till asia.. good trading now
  • #369,891
  • Apr 1, 2014 5:15am Apr 1, 2014 5:15am
[quote=DerekTrotter;7375711]{quote} I do the same Elbert, chart on demo trade on normal, find it kinda makes sense, plus some platforms are on different times to my broker, looks like a long day today so staying long till asia.. good trading now [/quo
Morning Dell, yes my live is cap spreads not good for positing and does not have the tec as mt4, i am thinking off moving acc,, you still on hols,, i had to close out my short positions and lost some but wednessday last week i think it was was 2nd best profit , going for 1st best this week lol gl mate
  • #369,892
  • Apr 1, 2014 5:26am Apr 1, 2014 5:26am
Quoting elbert3
{image} IF, IF this works the next candle on the 1 hour that should be 1 hour chart will look like it is going short buy right on the bottom , if it does i will be big lot for 20 pips then 90% off and let it run ,, putting my neck on the line with this chart,, only a possibility
that should be 1 hour chart
  • #369,893
  • Apr 1, 2014 6:32am Apr 1, 2014 6:32am
Quoting Irad
Just entered a long position, will see how that one played. {image}
only pasta from this one, -7 pips ;-)
  • #369,894
  • Apr 1, 2014 6:45am Apr 1, 2014 6:45am
going
  • #369,895
  • Apr 1, 2014 6:52am Apr 1, 2014 6:52am
Quoting elbert3
{quote} that should be 1 hour chart
Hello elbert, im new member here..needs a lot of reading.
How is it going now..from ur last point of view
Since i new member, quitly possible my posts are late because of thread rule
  • #369,896
  • Apr 1, 2014 6:54am Apr 1, 2014 6:54am
Good day to you all,

I'm looking at the longer term and I believe the daily chart to indicate short - rather than long. This however does not exclude a move higher first. I personally would however rather build short, as opposed to longs.

So - as a long term strategy - my trade is short on GU on the daily chart.

Regards
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusddaily.png Size: 86 KB
  • #369,897
  • Apr 1, 2014 6:59am Apr 1, 2014 6:59am
I would be cautious about shorting GBP too soon. I'm watching these levels.
Attached Image (click to enlarge)
Click to Enlarge Name: GU.png Size: 85 KB
I know the secret...
  • #369,898
  • Apr 1, 2014 7:02am Apr 1, 2014 7:02am
Quoting TauTrader
Good day to you all, I'm looking at the longer term and I believe the daily chart to indicate short - rather than long. This however does not exclude a move higher first. I personally would however rather build short, as opposed to longs. So - as a long term strategy - my trade is short on GU on the daily chart. Regards {image}
hi this is a chart a drew yesterday i should of played the move ??? but it looks like if we can go up from there , yes, but if it breaks below then yes as you say short ??
Attached Image (click to enlarge)
Click to Enlarge Name: 1.png Size: 123 KB
  • #369,899
  • Apr 1, 2014 7:05am Apr 1, 2014 7:05am
Quoting JRissa
I would be cautious about shorting GBP too soon. I'm watching these levels. {image}
hi colorful chart you have there, i get the 23 fib at 6631 ish ?/
  • #369,900
  • Apr 1, 2014 7:12am Apr 1, 2014 7:12am
Good day to you,

The 4hr also indicates a possible lower move on the cards in the not-too-distant future. Or then, a nett short result from the current level. But only my opinion..

Regards
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdh4.png Size: 102 KB
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