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Cable Update (GBPUSD)

  • #402,721
  • Oct 13, 2014 7:43am Oct 13, 2014 7:43am
Quoting ill_be_back
{quote} This one should give me 90+
Did you go long and lost ?

You have the habit of going across the train.
Intraday only.
  • #402,722
  • Oct 13, 2014 7:47am Oct 13, 2014 7:47am
Quoting plus50
{quote} XM 6.0 - 6.5 Which brokers offers 2.5 - 3.4??
See the PM
Intraday only.
  • #402,723
  • Oct 13, 2014 8:06am Oct 13, 2014 8:06am
IMHO, GBPUSD likely to plunge towards 1.6030 should it break 1.6080 on H1 close.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 38 KB
  • #402,724
  • Oct 13, 2014 9:34am Oct 13, 2014 9:34am
time to short gbpusd ttok some at 6082 stop 6125 first tp 6034...
I'm not a "Businessman" I'm a "Business-man"!! Jay-Z
  • #402,725
  • Oct 13, 2014 10:08am Oct 13, 2014 10:08am
Quoting Kajos2250
{quote} GU H4 GMT+3 Another long and buy stop .6108 added, invalidation if price could close under ~6000. Good luck! {image}
Buy stop triggered, last manual .6090 long was out at BE and now .6054 reopen. Invalidation if price could close under ~6000...

Good luck!
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdh4.png Size: 50 KB
Anything is math!
  • #402,726
  • Oct 13, 2014 10:19am Oct 13, 2014 10:19am
Quoting navk
{quote} Did you go long and lost ? You have the habit of going across the train.
Went up 40+ pip from my entry, But i wanted more came DOWN & Kicked me OUT at BE
A good trader follows his rules, but great trader knows when to break them
  • #402,727
  • Oct 13, 2014 10:25am Oct 13, 2014 10:25am
Quoting ill_be_back
{quote} Went up 40+ pip from my entry, But iwanted more came DOWN & Kicked me OUT at BE
Good to hear you came out BE. But you should stop going across the running train.

The only justifiable entry across the running train would be once the daily target is finished for the pair and found support/resistance. See the chart attached for the move today and normal ADR and bounce from daily support 2. but not confirmed for the reversal.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPAUDM5.png Size: 49 KB
Intraday only.
  • #402,728
  • Oct 13, 2014 10:39am Oct 13, 2014 10:39am
Quoting navk
{quote} Good to hear you came out BE. But you should stop going across the running train. The only justifiable entry across the running train would be once the daily target is finished for the pair and found support/resistance. See the chart attached for the move today and normal ADR and bounce from daily support 2. but not confirmed for the reversal. {image}
I am back IN LONG at 1.83315 TP 1.8415, Will close if makes a new LOW
A good trader follows his rules, but great trader knows when to break them
  • #402,729
  • Oct 13, 2014 10:43am Oct 13, 2014 10:43am
Quoting ill_be_back
{quote} I am back IN LONG at 1.83315 TP 1.8415, Will close if makes a new LOW
May be a right entry, but target is not confirmed.
Intraday only.
  • #402,730
  • Oct 13, 2014 10:59am Oct 13, 2014 10:59am
Quoting navk
{quote} May be a right entry, but target is not confirmed.
What Target you have
We have AUD New coming up at 8.30pm EST, you think RED or GREEN
A good trader follows his rules, but great trader knows when to break them
  • #402,731
  • Oct 13, 2014 11:11am Oct 13, 2014 11:11am
Quoting ill_be_back
{quote} What Target you have We have AUD New coming up at 8.30pm EST, you think RED or GREEN
u r really bottom fishin on this...wtf u using...i agree this move down is pullback of longer trend.but hasnt begun to go back up yet..gbp still weak aud strong best to wait imho
I'm not a "Businessman" I'm a "Business-man"!! Jay-Z
  • #402,732
  • Oct 13, 2014 11:17am Oct 13, 2014 11:17am
Quoting ill_be_back
{quote} What Target you have We have AUD New coming up at 8.30pm EST, you think RED or GREEN
No idea whether the news will be red or green, but AUD technically has to move up above 0.8800
Intraday only.
  • #402,733
  • Oct 13, 2014 11:24am Oct 13, 2014 11:24am
Today i loss 150 pips i will never trade in Monday and Friday anymore ...

waiting for the market touch in trend line

https://charts.mql5.com/5/938/gbpusd...estments-2.png
  • #402,734
  • Oct 13, 2014 11:53am Oct 13, 2014 11:53am
Quoting navk
{quote} No idea whether the news will be red or green, but AUD technically has to move up above 0.8800
For tomorrow I see this going DOWN to 1.82247, But before that a small bounce
A good trader follows his rules, but great trader knows when to break them
  • #402,735
  • Oct 13, 2014 11:54am Oct 13, 2014 11:54am
Quoting ill_be_back
{quote} For tomorrow I see this going DOWN to 1.82247, But before that a small bounce
Yeah a small bounce can be expected.
Intraday only.
  • #402,736
  • Oct 13, 2014 12:03pm Oct 13, 2014 12:03pm
Quoting gomab11
{quote} u r really bottom fishin on this...wtf u using...i agree this move down is pullback of longer trend.but hasnt begun to go back up yet..gbp still weak aud strong best to wait imho
By using if mean indicators, I just have SR, ADR, Spread on a candle chart
A good trader follows his rules, but great trader knows when to break them
  • #402,737
  • Oct 13, 2014 12:44pm Oct 13, 2014 12:44pm
Quoting ill_be_back
{quote} By using if mean indicators, I just have SR, ADR, Spread on a candle chart
wtf= wat time frame...aud getting stronger
I'm not a "Businessman" I'm a "Business-man"!! Jay-Z
  • #402,738
  • Oct 13, 2014 12:59pm Oct 13, 2014 12:59pm
Quoting gomab11
{quote} wtf= wat time frame...aud getting stronger
I flip thru all TF But main 1 Hr, & go Down to 5min for entry
A good trader follows his rules, but great trader knows when to break them
  • #402,739
  • Oct 13, 2014 1:03pm Oct 13, 2014 1:03pm
last time I checked this is the Cable thread and not Gbpaud or gbpcad thread
  • #402,740
  • Oct 13, 2014 1:24pm Oct 13, 2014 1:24pm
Gidday Traders

Still holding a few longs

would be nice to see 1.61+

Old story chased a few shorts

We burst would take of the lemons
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