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Cable Update (GBPUSD)

  • #400,641
  • Sep 29, 2014 10:52am Sep 29, 2014 10:52am
Quoting GlobalMacro
{quote} Cable high 1.6256 , out here @ 1.6251 for +32 pips. Position flat now. RR on this trade particularly nice ---> 5:1
Quoting GlobalMacro
{quote} closing shorts @ 1.6256 for -10 pips. & buying @ 1.6256 ---> long @ 1.6256 sl : 1.6232 tp: 1.6273
...and T/P filled , out @ 1.6273 for +17 pips.

Total work today: +32 -10 +17 ---> +39 pips

Position flat now.
Hear the music before the song is over ...
  • #400,642
  • Sep 29, 2014 10:52am Sep 29, 2014 10:52am
Short @ 6272
  • #400,643
  • Sep 29, 2014 10:52am Sep 29, 2014 10:52am
1.6295 new target
  • #400,644
  • Sep 29, 2014 10:54am Sep 29, 2014 10:54am
Quoting albchr
lol ... http://www.forexfactory.com/showthre...21#post7767021 ...
17 hours later ... Dink!
Attached Image
Ghost Rider - WWTBMD?
  • #400,645
  • Sep 29, 2014 10:55am Sep 29, 2014 10:55am
Quoting GlobalMacro
{quote} ...and T/P filled , out @ 1.6273 for +17 pips. Today's total work: +32 -10 +17 ---> +39 pips Position flat now.
hangovers well and truly gone adrenalin fueled now ,,,, look at you day chart well done ..
  • #400,646
  • Sep 29, 2014 10:57am Sep 29, 2014 10:57am
Quoting albchr
{quote} 17 hours later ... Dink! {image}
lol
  • #400,647
  • Sep 29, 2014 10:59am Sep 29, 2014 10:59am
Quoting elbert3
{quote} lol
lol ... now what? ...
Ghost Rider - WWTBMD?
  • #400,648
  • Sep 29, 2014 11:01am Sep 29, 2014 11:01am
Quoting albchr
{quote} lol ... now what? ...
Attached Image (click to enlarge)
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res to the left break it is tl attraction
  • #400,649
  • Sep 29, 2014 11:01am Sep 29, 2014 11:01am
Quoting elbert3
1.6295 new target
I have 1.63386
A good trader follows his rules, but great trader knows when to break them
  • #400,650
  • Sep 29, 2014 11:04am Sep 29, 2014 11:04am
Quoting elbert3
{quote} hangovers well and truly gone adrenalin fueled now ,,,, look at you day chart well done ..


You too. Nice trade , well done
Hear the music before the song is over ...
  • #400,651
  • Sep 29, 2014 11:06am Sep 29, 2014 11:06am
Quoting ill_be_back
{quote} I have 1.63386
remember 277 was s/r on that gap and the 4 hour is still short ia we can get 6300 we should see 10 20 emas cross on the 1 hour we were close last week and then it nose dived ,,lets see
Attached Image (click to enlarge)
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  • #400,652
  • Sep 29, 2014 11:07am Sep 29, 2014 11:07am
Quoting GlobalMacro
{quote} You too. Nice trade , well done
the old fake move still works ,,
  • #400,653
  • Sep 29, 2014 11:17am Sep 29, 2014 11:17am
Still short GBPUSD Target 1.6166
Attached Image (click to enlarge)
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"W. D. Gann said that time is the most important factor among all things."
  • #400,654
  • Sep 29, 2014 11:20am Sep 29, 2014 11:20am
lets look at possibilities ,,yes it is only monday,,,but lets be positive ,day was that a gap down to the doji no gap up otherwise abandon baby ,?? rare need to confirm long ?
Attached Image (click to enlarge)
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weekly is it a double bottom ??? if so back to the 10 ema and pos the 20 red,
Attached Image (click to enlarge)
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i think we would feel better in the 6330 area if,,if it can get there
  • #400,655
  • Sep 29, 2014 11:23am Sep 29, 2014 11:23am
Quoting USDollar
Still short GBPUSD Target 1.6166 {image}
You are true beyond 16054 and 16166 and 15950 and beyond 158
Capital management
  • #400,656
  • Sep 29, 2014 11:34am Sep 29, 2014 11:34am
could add long at 257 ??? waiting
  • #400,657
  • Sep 29, 2014 12:22pm Sep 29, 2014 12:22pm
howdy folks nice little bounce off the 1.62168 support area earlier today looking to short pair around 1.62837 area with a possible second entry at the 200ema 1.63 or the 1.63214 support level we shall see though
Attached Image(s) (click to enlarge)
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  • #400,658
  • Sep 29, 2014 12:44pm Sep 29, 2014 12:44pm
Its not the time to buy, yet. Maybe just for a scalp into asian session.

Attached Image (click to enlarge)
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Everyone can see the chart, but only a few can actually read it.
  • #400,659
  • Sep 29, 2014 12:51pm Sep 29, 2014 12:51pm
Pending BUY GU 1.6235
A good trader follows his rules, but great trader knows when to break them
  • #400,660
  • Sep 29, 2014 12:51pm Sep 29, 2014 12:51pm
looks like 275 held it
Attached Image (click to enlarge)
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lets see where now
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