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Cable Update (GBPUSD)

  • #385,441
  • Jul 3, 2014 10:54am Jul 3, 2014 10:54am
Quoting Darkforce
{quote} H1 bearish pinbar plus failure to make new daily high, down TL not broken, fair chance for a short play. {image}
Selling when the trend is up in all higher timeframes is a recipe for misery
  • #385,442
  • Jul 3, 2014 10:56am Jul 3, 2014 10:56am
Quoting albchr
{quote} Yep! That was on my short from 71604. ... This one here is brandy new version at 71404.
brill i though with your angry type face before you missed it ,,, the thing about the move there was no move up my parameters where 140 and 110. with a buy order at 6998 ??? so it took the lot 10 shorts average 61 60 entry ,,same area as you ,, you know the figures ,, but thanks to your advice i stuck to the guns ... well done now i am in again but any hint i am out lol
  • #385,443
  • Jul 3, 2014 10:56am Jul 3, 2014 10:56am
Quoting mkvy
{quote} Selling when the trend is up in all higher timeframes is a recipe for misery
Yeah, maybe.

Be careful with your TP and SL you should be fine.
  • #385,444
  • Jul 3, 2014 11:01am Jul 3, 2014 11:01am
Quoting Darkforce
{quote} Week A 30th Apr ADP Act 220K Exp 203K 2nd May NFP Act 288K Exp 216K Week B 2nd Jul ADP Act 281K Exp 207K 3rd Jul NFP Act 288K Exp 214K Data and chart pattern both simillar, wondering if that means we've hit daily low and will have another rump up? {image}
I won't rule out the possibility but take a look at the daily bars before the prior hanging man it has strong support at 1.68ish while this one doesn't. I'm more inclined to a drop to 1.707 if not lower before another attempt to the north, that is if it doesn't breach 1.7170 area.
  • #385,445
  • Jul 3, 2014 11:04am Jul 3, 2014 11:04am
Quoting elbert3
{quote} {image} could break below the emas on this 30 min ?? on the 4 hour has it got it ??{image}
my projection based on 4H divergence.

Attached Image (click to enlarge)
Click to Enlarge Name: cable_H4_315.png Size: 65 KB
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #385,446
  • Jul 3, 2014 11:08am Jul 3, 2014 11:08am
Quoting elbert3
{quote} brill i though with your angry type face before you missed it ,,, the thing about the move there was no move up my parameters where 140 and 110. with a buy order at 6998 ??? so it took the lot 10 shorts average 61 60 entry ,,same area as you ,, you know the figures ,, but thanks to your advice i stuck to the guns ... well done now i am in again but any hint i am out lol
LOL.... you're just not reading my posts. I didn't miss the first short. Was holding it since yesterday.

I was pissed because after my target was hit my platform froze in heavy action AGAIN!! So I missed the long back up (among other trades on other pairs).

I will be looking to replace IBFX.... that's IBFX ....did I mention it's IBFX?? ....... ...... First thing next week.
Ghost Rider - WWTBMD?
  • #385,447
  • Jul 3, 2014 11:09am Jul 3, 2014 11:09am
Quoting xetrader
nicely done with these signals Check GBPCHF http://daily30pips.blogspot.com/2014...-gbpchf_2.html GBPJPY http://daily30pips.blogspot.com/2014...-gbpjpy_2.html EURUSD http://daily30pips.blogspot.com/2014...-eurusd_2.html i m done with them..
  • #385,448
  • Jul 3, 2014 11:11am Jul 3, 2014 11:11am
Quoting ffleo
{quote} my projection based on 4H divergence. {image}
that would be good ..regards E
  • #385,449
  • Jul 3, 2014 11:12am Jul 3, 2014 11:12am
Quoting elbert3
{quote} that would be good ..regards E
  • #385,450
  • Jul 3, 2014 11:13am Jul 3, 2014 11:13am
Quoting albchr
{quote} LOL.... you're just not reading my posts. I didn't miss the first short. Was holding it since yesterday. I was pissed because after my target was hit my platform froze in heavy action AGAIN!! So I missed the long back up (among other trades on other pairs). I will be looking to replace IBFX.... that's IBFX ....did I mention it's IBFX?? ....... ...... First thing next week.
SORRY DAD ,, X
  • #385,451
  • Jul 3, 2014 11:13am Jul 3, 2014 11:13am
Quoting albchr
{quote} LOL.... you're just not reading my posts. I didn't miss the first short. Was holding it since yesterday. I was pissed because after my target was hit my platform froze in heavy action AGAIN!! So I missed the long back up (among other trades on other pairs). I will be looking to replace IBFX.... that's IBFX ....did I mention it's IBFX?? ....... ...... First thing next week.
  • #385,452
  • Jul 3, 2014 11:13am Jul 3, 2014 11:13am
Quoting elbert3
{quote} SORRY DAD ,, X
  • #385,453
  • Jul 3, 2014 11:15am Jul 3, 2014 11:15am
Quoting albchr
{quote} lol.... You're just not reading my posts. I didn't miss the first short. Was holding it since yesterday. I was pissed because after my target was hit my platform froze in heavy action again!! So i missed the long back up (among other trades on other pairs). I will be looking to replace ibfx.... That's ibfx ....did i mention it's ibfx?? ....... ...... First thing next week. :d
i dont know if its falsed over the 50 on the 30 min chart and the candle were on now is a pullback to break above the 50 again,, if that makes sense
  • #385,454
  • Jul 3, 2014 11:15am Jul 3, 2014 11:15am
fed up with the current trend. want to go for outing and hope when I will come back after a week everything will settle down
  • #385,455
  • Jul 3, 2014 11:15am Jul 3, 2014 11:15am
Quoting DerekTrotter
{quote}
  • #385,456
  • Jul 3, 2014 11:17am Jul 3, 2014 11:17am
Quoting DerekTrotter
{quote}
Attached Image
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #385,457
  • Jul 3, 2014 11:19am Jul 3, 2014 11:19am
Quoting ffleo
{quote} {image}
arab foot? hehehe
  • #385,458
  • Jul 3, 2014 11:22am Jul 3, 2014 11:22am
Quoting elbert3
{quote} SORRY DAD ,, X
Dad???
Attached Image


Ghost Rider - WWTBMD?
  • #385,459
  • Jul 3, 2014 11:23am Jul 3, 2014 11:23am
The traders dilema:

As we all know cable has been trending up for 12 months now but did you also know that since the crash in 2007 the opening price of the year was touched in every single year after the month of June ended.

This year that means price will trade back to 1.6580..or will it!

Which trend is your friend now??
  • #385,460
  • Jul 3, 2014 11:26am Jul 3, 2014 11:26am
Quoting albchr
{quote} I don't use call services myself (free or otherwise) but other than these being a little light on the TP's, the entries and SL's looked good. Perhaps a trailing stop instead of fixed TP? When you say "done with them". Do you mean the trades or the call service?
i mean it that i got 100+ pips with these three signals.. nice services
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