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Cable Update (GBPUSD)

  • #370,221
  • Apr 3, 2014 4:43am Apr 3, 2014 4:43am
Quoting elbert3
{quote} been trading gbpnz, all tecs have crossed on the 4 hour just took the profit and waiting for a small pull back to go long it looks like the trend is now long
kiwi in strong demand zone now, shorting looks risky, imo.
  • #370,222
  • Apr 3, 2014 4:43am Apr 3, 2014 4:43am
Attached Image (click to enlarge)
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lets see if this indi works on the 1 min,, never checked it ??
  • #370,223
  • Apr 3, 2014 4:46am Apr 3, 2014 4:46am
Quoting elbert3
{quote} been trading gbpnz, all tecs have crossed on the 4 hour just took the profit and waiting for a small pull back to go long it looks like the trend is now long
i'm sorry bro, i'm not trading that pair, but from a glance, i see it in uptrend just beware on monthly main trend, weekly seems like price retest towards 9665 area..

as i see it, overall main trend is bearish..
  • #370,224
  • Apr 3, 2014 4:46am Apr 3, 2014 4:46am
Quoting ruffryders
{quote} kiwi in strong demand zone now, shorting looks risky, imo.
no not shorting it as for me its trend is long, a wait till it gets back in touch with the emas then look 5 min to get long again,, but thanks , regards E
  • #370,225
  • Apr 3, 2014 4:47am Apr 3, 2014 4:47am
shorted for a tgt 1.6585...
Attached Image (click to enlarge)
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  • #370,226
  • Apr 3, 2014 4:51am Apr 3, 2014 4:51am
Quoting pat sarkis
shorted for a tgt 1.6585... {image}
don't you think you SL should be your pending for short?
  • #370,227
  • Apr 3, 2014 4:55am Apr 3, 2014 4:55am
Quoting A-speculator
{quote} don't you think you SL should be your pending for short?
No I don't but if it will hit am out..
  • #370,228
  • Apr 3, 2014 4:55am Apr 3, 2014 4:55am
Quoting A-speculator
{quote} i'm sorry bro, i'm not trading that pair, but from a glance, i see it in uptrend just beware on monthly main trend, weekly seems like price retest towards 9665 area.. as i see it, overall main trend is bearish..
i have had to short it target ??/ 9461 to 9414
  • #370,229
  • Apr 3, 2014 4:58am Apr 3, 2014 4:58am
this could could retrace 6627?
  • #370,230
  • Apr 3, 2014 4:58am Apr 3, 2014 4:58am
Quoting elbert3
{quote} i have had to short it target ??/ 9461 to 9414
if i'm trading that pair, i will wait the PA at 9665.. if exhaustion sighted, i will plan for short..

at the moment, it's up to you mate, i have a habit of not trading the counter trend, meaning i might just sit it out..
  • #370,231
  • Apr 3, 2014 5:02am Apr 3, 2014 5:02am
Quoting elbert3
this could could retrace 6627?
well, that's logical right, assuming a breakout retest.. i might add one there..
  • #370,232
  • Apr 3, 2014 5:03am Apr 3, 2014 5:03am
Quoting A-speculator
{quote} hey mate. how life on your end? long time eh..
I am fine, after stop trading for almost half year and back again since 4 month ago ........
  • #370,233
  • Apr 3, 2014 5:08am Apr 3, 2014 5:08am
Quoting Red Alert
{quote} I am fine, after stop trading for almost half year and back again since 4 month ago ........
i see... well, i might on and off also.. got a lot of things to take care of..
  • #370,234
  • Apr 3, 2014 5:12am Apr 3, 2014 5:12am
Quoting A-speculator
{quote} i see... well, i might on and off also.. got a lot of things to take care of..
enjoy your green pips mate, but be careful tonight we will have some US news...

I missed the bears while busy on kiwi and aussy....
I need some pull back to join bear party.....
  • #370,235
  • Apr 3, 2014 5:14am Apr 3, 2014 5:14am
Quoting Red Alert
{quote} enjoy your green pips mate, but be careful tonight we will have some US news... I missed the bears while busy on kiwi and aussy.... I need some pull back to joint bear party.....
right bro.. i think there will be nothing going on now (not expecting a continuation) until US session other than maybe a retracement..

if price can get below 6585, i might add up on the retracement.. hopefully can see price trading below 6585 by today..
  • #370,236
  • Apr 3, 2014 5:16am Apr 3, 2014 5:16am
Quoting elbert3
this could could retrace 6627?
????????????????? really looks like its pull your loss time
  • #370,237
  • Apr 3, 2014 5:21am Apr 3, 2014 5:21am
Good Morning Forex Factory Members and Guest

NO HINDSIGHT TRADING

I continue to trade Game Plan Buyers (day traders/scalpers)
Buy 1.6640 and exit some 1.6660 and exit the rest 1.6675 (final exit adjusted, from 1.6675 to 1.6640)
Buy 1.6605 and exit some 1.6625 and exit the rest 1.6645 (was triggered, final exit adjusted to 1.6640)
Buy 1.6585 and exit some 1.6605 and exit the rest 1.6625/45 (if triggered, final exit adjusted to 1.6620)
Buy 1.6555 and exit some 1.6575 and exit the rest 1.6595/1.6645 (if triggered, final exit remains 1.6595)

1.6660 was closed for +20 pips (as you all already know)

Bids are at 1.6578

The only Options for today is 1.6500

I will be out for the day so please trade safe, will catch up tonight, heading to the country with the wife.

Once again, please do not follow this trade blindly, please do your own analysis and trade your plan.

Once again I will be closing out all scalp trades before NFP - until then - Lets see what happens.

Trade safe.



HDA OUT
  • #370,238
  • Apr 3, 2014 5:25am Apr 3, 2014 5:25am
Quoting HDA
Good Morning Forex Factory Members and Guest NO HINDSIGHT TRADING I continue to trade Game Plan Buyers (day traders/scalpers) Buy 1.6640 and exit some 1.6660 and exit the rest 1.6675 (final exit adjusted, from 1.6675 to 1.6640) Buy 1.6605 and exit some 1.6625 and exit the rest 1.6645 (was triggered, final exit adjusted to 1.6640) Buy 1.6585 and exit some 1.6605 and exit the rest 1.6625/45 (if triggered, final exit adjusted to 1.6620) Buy 1.6555 and exit some 1.6575 and exit the rest 1.6595/1.6645 (if triggered, final exit remains 1.6595) 1.6660...
  • #370,239
  • Apr 3, 2014 5:27am Apr 3, 2014 5:27am
Quoting Mr.C
{quote} {quote} Hello everyone. GBP/USD is running as planned and has +30 pips as we speak. TP1 @ 1,6611 has already been reached. The pair is now at a supportive area. My next aim here is 1,6595. Reaching it would confirm the further down move. Monitoring the pair closely, might be securing my SL. Will update. Wish you lots of good mood and success today! {image}
1,6595 broken south, +52 pips floating. 1,6566 as next cable stop.
Twitter: MrC_Forex ; Facebook: /pages/MrC-Forex/197693770247397
  • #370,240
  • Apr 3, 2014 5:28am Apr 3, 2014 5:28am
right if your out ill think ill have day off


Quoting HDA
Good Morning Forex Factory Members and Guest NO HINDSIGHT TRADING I continue to trade Game Plan Buyers (day traders/scalpers) Buy 1.6640 and exit some 1.6660 and exit the rest 1.6675 (final exit adjusted, from 1.6675 to 1.6640) Buy 1.6605 and exit some 1.6625 and exit the rest 1.6645 (was triggered, final exit adjusted to 1.6640) Buy 1.6585 and exit some 1.6605 and exit the rest 1.6625/45 (if triggered, final exit adjusted to 1.6620) Buy 1.6555 and exit some 1.6575 and exit the rest 1.6595/1.6645 (if triggered, final exit remains 1.6595) 1.6660...
On-site guru & also FF member's' psychiatrist, when not drinking tea
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