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Cable Update (GBPUSD)

  • #403,481
  • Oct 19, 2014 2:50pm Oct 19, 2014 2:50pm
Quoting Hickson
{quote} Yes, but already trading E/J short and E/J short PLUS Geppy short is a bit too much then ...
Tuesday should be the FINAL day for Patience
A good trader follows his rules, but great trader knows when to break them
  • #403,482
  • Oct 19, 2014 2:58pm Oct 19, 2014 2:58pm
Quoting ill_be_back
{quote} Tuesday should be the FINAL day for Patience
What do you mean? GBP/USD?

Yeah ... if vote is RED ... juicy shorts soon! Btw, do you think it will 1.6150 before? I doubt it ...
Fix up, trade sharp ...
  • #403,483
  • Oct 19, 2014 3:28pm Oct 19, 2014 3:28pm
Stops on G/U are GREEN now! Gn8.
Fix up, trade sharp ...
  • #403,484
  • Oct 19, 2014 3:40pm Oct 19, 2014 3:40pm
Attached Image

The above chart is 4 hour chart for GBP/USD.
Yellow circles are marked for reference.

If channel is continuous, GBP/USD will be down.
Repeating cycle formed (cycle1 and cycle2).
  • #403,485
  • Edited 6:11pm Oct 19, 2014 5:39pm | Edited 6:11pm
I just made some long cable arround 1.6085-1.6090 a hour ago ....
Target latest high 1.6125, just 30 pips target....for tiny size...
  • #403,486
  • Oct 19, 2014 5:45pm Oct 19, 2014 5:45pm
Quoting Red Alert
I just made some long cable arroung 1.6085-1.6090 a hour ago .... Target latest high 1.6125, just 30 pips target....for tiny size...
Whats your SL
A good trader follows his rules, but great trader knows when to break them
  • #403,487
  • Oct 19, 2014 6:00pm Oct 19, 2014 6:00pm
Quoting navk
{quote} Have shorted GA.
Out with 26 +++ pips. Nice one to start the week on a positive note.
Intraday only.
  • #403,488
  • Oct 19, 2014 6:02pm Oct 19, 2014 6:02pm
Quoting ill_be_back
{quote} Whats your SL
1.6065, ...... let see....
  • #403,489
  • Oct 19, 2014 6:38pm Oct 19, 2014 6:38pm
IMO we'll see 1.59xx before heading up.
Break above 1.6120 will drag this pair to 1.62xx
Attached Image (click to enlarge)
Click to Enlarge Name: GU.jpg Size: 111 KB
Money never sleeps I can hear the dollar calling me
  • #403,490
  • Oct 19, 2014 6:40pm Oct 19, 2014 6:40pm
Some more ++++ Short GA.
Intraday only.
  • #403,491
  • Oct 19, 2014 6:43pm Oct 19, 2014 6:43pm
Quoting navk
Some more ++++ Short GA.
Money never sleeps I can hear the dollar calling me
  • #403,492
  • Oct 19, 2014 6:54pm Oct 19, 2014 6:54pm
closed all long before TP at 6105 for + 15 pips, stay flat...

Seems like many shorter at this level
  • #403,493
  • Oct 19, 2014 7:40pm Oct 19, 2014 7:40pm
Short limit at 1.62, price alert set at 1.61 if price push below might look for different short set up.
Be like water making its way through cracks.
  • #403,494
  • Oct 19, 2014 8:05pm Oct 19, 2014 8:05pm
Quoting ill_be_back
SHORT GJ 172.423
This hrly candle should not go higher then the last hrly candle for my sequence to work
Lets see what happens
A good trader follows his rules, but great trader knows when to break them
  • #403,495
  • Oct 19, 2014 8:07pm Oct 19, 2014 8:07pm
Not wise to short a pair which is still bullish.
Intraday only.
  • #403,496
  • Oct 19, 2014 8:13pm Oct 19, 2014 8:13pm
Quoting navk
Not wise to short a pair which is still bullish.
It looks tired though currently.

But a break of 173.25 is bullish. If it has to reverse, this the level to reverse for me.
Intraday only.
  • #403,497
  • Oct 19, 2014 8:15pm Oct 19, 2014 8:15pm
Quoting navk
{quote} It looks tired though currently. But a break of 173.25 is bullish. If it has to reverse, this the level to reverse for me.
Exactly my thoughts
A good trader follows his rules, but great trader knows when to break them
  • #403,498
  • Oct 19, 2014 8:22pm Oct 19, 2014 8:22pm
Quoting navk
{quote} It looks tired though currently. But a break of 173.25 is bullish. If it has to reverse, this the level to reverse for me.
Just touched my bounce level
Attached Image
A good trader follows his rules, but great trader knows when to break them
  • #403,499
  • Oct 19, 2014 10:40pm Oct 19, 2014 10:40pm
Attached Image

The above chart is 4 hour chart for GBP/USD.
Yellow circles are marked as reference.
  • #403,500
  • Oct 19, 2014 11:15pm Oct 19, 2014 11:15pm
Massive order flow on M5 ... was not filled, placed limit a bit high ..
Fix up, trade sharp ...
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