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Cable Update (GBPUSD)

  • #403,121
  • Oct 16, 2014 6:45am Oct 16, 2014 6:45am
Quoting ill_be_back
{quote} Have a pending SHORT at 1.6020 TP 1.5900
This thing's too choppy. Maybe later ...
Hear the music before the song is over ...
  • #403,122
  • Oct 16, 2014 6:53am Oct 16, 2014 6:53am
Quoting GlobalMacro
{quote} This thing's too choppy. Maybe later ...
Added another Pending same price moved TP to 1.58090, Should trigger during GCAD news & BIG DROP DOWN During USD News
Lets see what happens
A good trader follows his rules, but great trader knows when to break them
  • #403,123
  • Oct 16, 2014 7:06am Oct 16, 2014 7:06am
Quoting ill_be_back
{quote} Added another Pending same price moved TP to 1.58090, Should trigger during GCAD news & BIG DROP DOWN During USD News Lets see what happens
Good Morning how are you doing... I'm already shorting GU...
  • #403,124
  • Oct 16, 2014 7:08am Oct 16, 2014 7:08am
Quoting poseikwame
{quote} Good Morning how are you doing... I'm already shorting GU...
Good Morning, Am waiting for GCAD news, If Pending not triggered then will enter market order
A good trader follows his rules, but great trader knows when to break them
  • #403,125
  • Oct 16, 2014 7:10am Oct 16, 2014 7:10am
I think if the pair break 1.6000, it can directly go towards 1.6130, on the downside, 1.5930 and 1.5860 becomes immediate support levels.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 42 KB
  • #403,126
  • Oct 16, 2014 7:10am Oct 16, 2014 7:10am
Quoting ill_be_back
{quote} Good Morning, Am waiting for GCAD news, If Pending not triggered then will enter market order
Ive been shorting since morning and picked over 60 pips already... hopefully US Unemployment rate will be green and all other US news will be green. With no GBP news coming up today I'm sure the buck will be armed with steroids
  • #403,127
  • Oct 16, 2014 7:11am Oct 16, 2014 7:11am
Quoting ill_be_back
{quote} Nope, We have USD news Coming up next which will be GREEN, GU DOWN {image}
To each their own, but all this action surely looks like it wants to pop north. All GBP Pairs look buoyant to me.
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2014-10-16 at 8.09.51 AM.png Size: 191 KB
There's always money in the banana stand.
  • #403,128
  • Oct 16, 2014 7:13am Oct 16, 2014 7:13am
Quoting LizardGizzard
{quote} To each their own, but all this action surely looks like it wants to pop north. All GBP Pairs look buoyant to me. {image}
you never know mate ...
  • #403,129
  • Oct 16, 2014 7:14am Oct 16, 2014 7:14am
Quoting H4-forex
{quote} you never know mate ...
This is the truth. The only thing any one CAN know is how much they can risk. That's it.
There's always money in the banana stand.
  • #403,130
  • Oct 16, 2014 7:19am Oct 16, 2014 7:19am
Quoting LizardGizzard
{quote} This is the truth. The only thing any one CAN know is how much they can risk. That's it.
This will go DOWN to atleast to 1.58846 once again, It has unfinished business to take care before any up
A good trader follows his rules, but great trader knows when to break them
  • #403,131
  • Oct 16, 2014 7:22am Oct 16, 2014 7:22am
Quoting ill_be_back
{quote} This will go DOWN to atleast to 1.58846 once again, It has unfinished business to take care before any up
OK. I will politely disagree and yet hold you to that.
There's always money in the banana stand.
  • #403,132
  • Oct 16, 2014 7:26am Oct 16, 2014 7:26am
Quoting ill_be_back
{quote} This will go DOWN to atleast to 1.58846 once again, It has unfinished business to take care before any up
currently lurking around 16xxx range... there was a massive drop of about 20-30pips around the 15979 to 15997 range not forgetting about 9:15am bst it hit about 16004 and now the new highest for the day is 16007-16008 range... Just can't wait for the massive drop from this area
  • #403,133
  • Oct 16, 2014 7:27am Oct 16, 2014 7:27am
Quoting LizardGizzard
{quote} OK. I will politely disagree and yet hold you to that.
your upward trend started a few minutes ago... should go up to 16xxx and then drop... don't derail it will be merciful
  • #403,134
  • Oct 16, 2014 7:28am Oct 16, 2014 7:28am
Quoting nAVIN2007
{quote} theres diverence there and dailly is showing a bear candle 2 days ago and yesterday bullish counter..the problem is all this is happening right under resistance..making it tough to get a feel for the direction I agree thou..overal its bearish but USD is not a currency which is easy to predict behaviour wise I dont like where the euro is placed..
i love where the EURUSD is placed. less so the GBP.... GBPUSD is gona consolidate around 1.59-1.60 for a bit before next leg...

as for the divergences you talk about... i would recommend that you drop the thought of trading divergences...
the fucking USDJPY had a lot of bearish divergences before Abe came. didnt fuckign drop... same thing.

divergence is not a guaranteed thing.
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #403,135
  • Oct 16, 2014 7:28am Oct 16, 2014 7:28am
Quoting Kajos2250
{quote} Re-open .5968... {image}
last long set BE...
Anything is math!
  • #403,136
  • Oct 16, 2014 7:29am Oct 16, 2014 7:29am
290k forcasted on jobless claims... 2 minutes away... Fall baby Fall!!
  • #403,137
  • Oct 16, 2014 7:29am Oct 16, 2014 7:29am
Quoting ill_be_back
{quote} This will go DOWN to atleast to 1.58846 once again, It has unfinished business to take care before any up
Started shorting GA. If it goes up to round number, will add more.
Intraday only.
  • #403,138
  • Oct 16, 2014 7:35am Oct 16, 2014 7:35am
Quoting navk
{quote} Started shorting GA. If it goes up to round number, will add more.

Me too
A good trader follows his rules, but great trader knows when to break them
  • #403,139
  • Oct 16, 2014 7:37am Oct 16, 2014 7:37am
Give up now BULLS.... it's the FALL Season
  • #403,140
  • Oct 16, 2014 7:37am Oct 16, 2014 7:37am
Quoting fxtyrant
{quote} i love where the EURUSD is placed. less so the GBP.... GBPUSD is gona consolidate around 1.59-1.60 for a bit before next leg... as for the divergences you talk about... i would recommend that you drop the thought of trading divergences... the fucking USDJPY had a lot of bearish divergences before Abe came. didnt fuckign drop... same thing. divergence is not a guaranteed thing.

depends on how u use it...and how u find the trigger..
i have been trading using these things as my tools and have a success rate over 90%
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