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Cable Update (GBPUSD)

  • #402,681
  • Oct 12, 2014 6:04pm Oct 12, 2014 6:04pm
Quoting ill_be_back
{quote} I have 1.86089 as next bounce level
Actually the levels are 1.8615 to 1.8644 for today, but after a retracement.

Minimum 35 pips retracement from the current top to 1.8555
Intraday only.
  • #402,682
  • Oct 12, 2014 6:19pm Oct 12, 2014 6:19pm
Quoting navk
{quote} Actually the levels are 1.8615 to 1.8644 for today, but after a retracement. Minimum 35 pips retracement from the current top to 1.8555
Out with 20 + short GA.
Intraday only.
  • #402,683
  • Oct 12, 2014 6:21pm Oct 12, 2014 6:21pm
Quoting darrenware
We have a very similar pin on the D1 for Thursday and Friday. Personally Fridays pin is fake/low strength. Why? Lower volume than thursday and the majority of the move up was in the last few hours of the Friday session Will wait and see what direction it takes though. The levels i am watching are below Downside: If we break 1.6007 we will go down to 1.5951 Upside: 1.60858 then 1.6110 then 1.61500 {image}
1.60858 happened early
  • #402,684
  • Oct 12, 2014 6:31pm Oct 12, 2014 6:31pm
Low volume up thrust. I'm short.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 77 KB
If you are new to FX don"t follow my trades, I 've blown many live accounts
  • #402,685
  • Oct 12, 2014 6:43pm Oct 12, 2014 6:43pm
Quoting ill_be_back
{quote} I have 1.86089 as next bounce level
May be this is the top for today. If it rallies, selling would be best. AUD is not likely to go down further.
Intraday only.
  • #402,686
  • Oct 12, 2014 6:55pm Oct 12, 2014 6:55pm
Quoting navk
{quote} May be this is the top for today. If it rallies, selling would be best. AUD is not likely to go down further.
Whats your spread on GA
A good trader follows his rules, but great trader knows when to break them
  • #402,687
  • Oct 12, 2014 6:56pm Oct 12, 2014 6:56pm
Quoting ill_be_back
{quote} Whats your spread on GA
2.5 to 3.4
Intraday only.
  • #402,688
  • Oct 12, 2014 6:57pm Oct 12, 2014 6:57pm
Quoting navk
{quote} 2.5 to 3.4
Oanda 12-13
A good trader follows his rules, but great trader knows when to break them
  • #402,689
  • Oct 12, 2014 7:09pm Oct 12, 2014 7:09pm
Quoting ill_be_back
{quote} Oanda 12-13
US residents may have some restrictions to choose brokers and hence spread.
Intraday only.
  • #402,690
  • Oct 12, 2014 7:14pm Oct 12, 2014 7:14pm
Quoting navk
{quote} US residents may have some restrictions to choose brokers and hence spread.
Short EA at 1.45939 will close if it makes a new High
A good trader follows his rules, but great trader knows when to break them
  • #402,691
  • Oct 12, 2014 7:18pm Oct 12, 2014 7:18pm
The objective of the move down should be below 1.8500
Intraday only.
  • #402,692
  • Oct 12, 2014 7:20pm Oct 12, 2014 7:20pm
trying a short from 1.60900 s/l above 100 ema at 1.6110
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 111 KB
  • #402,693
  • Oct 12, 2014 7:33pm Oct 12, 2014 7:33pm
Quoting ill_be_back
{quote} Short EA at 1.45939 will close if it makes a new High
You can expect 100 + if you are patient enough.
I am going to be patient this time.
Intraday only.
  • #402,694
  • Oct 12, 2014 7:51pm Oct 12, 2014 7:51pm
Quoting navk
{quote} You can expect 100 + if you are patient enough. I am going to be patient this time.
TP on this 1.44940
A good trader follows his rules, but great trader knows when to break them
  • #402,695
  • Oct 12, 2014 7:55pm Oct 12, 2014 7:55pm
Quoting ill_be_back
{quote} TP on this 1.44940
It shows 1.4470 to me.
Intraday only.
  • #402,696
  • Oct 12, 2014 8:04pm Oct 12, 2014 8:04pm
Quoting ill_be_back
{quote} TP on this 1.44940
If you have shopping, go and come back, do not switch on your PC, that is the only way to book 100 +.

If you watch your PC, not possible to book 100 + .
Intraday only.
  • #402,697
  • Oct 12, 2014 8:07pm Oct 12, 2014 8:07pm
Quoting navk
{quote} It shows 1.4470 to me.
Lets see how & when it reaches 1.44940, Will move lower to your 1.4470
A good trader follows his rules, but great trader knows when to break them
  • #402,698
  • Oct 12, 2014 8:13pm Oct 12, 2014 8:13pm
Quoting ill_be_back
{quote} u have a winner, Should go to 1.6091
A good trader follows his rules, but great trader knows when to break them
  • #402,699
  • Oct 12, 2014 8:29pm Oct 12, 2014 8:29pm
Quoting ill_be_back
{quote} Lets see how & when it reaches 1.44940, Will move lower to your 1.4470
Booked 60 + in GA short. But will re enter
Intraday only.
  • #402,700
  • Oct 12, 2014 8:59pm Oct 12, 2014 8:59pm
Booked some more.
Intraday only.
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