Attachments: Cable Update (GBPUSD)

Cable Update (GBPUSD)

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Post #405,041
Quote
Nov 11, 2014 2:26pm Nov 11, 2014 2:26pm

eliteincome
| Joined Aug 2011 | Status: Member | 2,640 Posts

Quoting cspip

Disliked

Probably slowly grind its way to 1.5974 ish

Ignored

Gidday

EUR bounce

Fun in games over 1.25

pretty close now

Post #405,042
Quote
Nov 11, 2014 11:47pm Nov 11, 2014 11:47pm

PatienceFx
Joined Jun 2013 | Status: enjoying life | 16,014 Posts

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Post #405,043
Quote
Nov 12, 2014 1:32am Nov 12, 2014 1:32am

chanx
| Joined Feb 2012 | Status: Member | 72 Posts

Hope It rises

Post #405,044
Quote
Edited 2:41am Nov 12, 2014 2:20am | Edited 2:41am

andoseg2
Joined Jun 2011 | Status: Swing trader using Market Cycles | 2,147 Posts

Update : SL : 1.59245

Going Long (i;ll stalk closely this position so in case there are signs of momentum slow, I'll manually exit to mitigate as much as I can a lose) :

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Money moves the market, not an indicator.

Post #405,045
Quote
Nov 12, 2014 2:40am Nov 12, 2014 2:40am

Fx_Anil
Joined Jul 2013 | Status: Member | 1,735 Posts

Having reversed from 1.5840 support level, the horizontal resistance line near 1.5940 can cap the immediate up-move of the GBPUSD. However, falling wedge formation of the daily chart likely to support more of the downturn unless the pair breaks 1.6030 resistance level.

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Post #405,046
Quote
Nov 12, 2014 2:42am Nov 12, 2014 2:42am

andoseg2
Joined Jun 2011 | Status: Swing trader using Market Cycles | 2,147 Posts

Update : SL hit, risked 2% lost 0.25%.

New SL .:: I will not lose entire SL value. I'm confortable with this, I'll recover later in higher risk:reward trades

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Money moves the market, not an indicator.

Post #405,047
Quote
Edited 3:01am Nov 12, 2014 2:48am | Edited 3:01am

andoseg2
Joined Jun 2011 | Status: Swing trader using Market Cycles | 2,147 Posts

Update : Manual exit with 50% sl

Quoting andoseg2

Disliked

Update : SL hit, risked 2% lost 0.25%. New SL .:: I will not lose entire SL value. I'm confortable with this, I'll recover later in higher risk:reward trades {image}

Ignored

New pending long:

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Money moves the market, not an indicator.

Post #405,048
Quote
Nov 12, 2014 3:15am Nov 12, 2014 3:15am

andoseg2
Joined Jun 2011 | Status: Swing trader using Market Cycles | 2,147 Posts

Quoting andoseg2

Disliked

Update : Manual exit with 50% sl {quote} New pending long: {image}

Ignored

Going Long with simple 123 pattern :

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Money moves the market, not an indicator.

Post #405,049
Quote
Nov 12, 2014 3:16am Nov 12, 2014 3:16am

elbert3
Joined Dec 2013 | Status: Member | 19,297 Posts | Online Now

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short order on

Post #405,050
Quote
Nov 12, 2014 3:18am Nov 12, 2014 3:18am

elbert3
Joined Dec 2013 | Status: Member | 19,297 Posts | Online Now

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or break out long ,, flexible this morning ..lol

Post #405,051
Quote
Nov 12, 2014 3:20am Nov 12, 2014 3:20am

andoseg2
Joined Jun 2011 | Status: Swing trader using Market Cycles | 2,147 Posts

Quoting andoseg2

Disliked

{quote} Going Long with simple 123 pattern : {image}

Ignored

Locked profits half of the 2 positons : 2 positions each of 2% , price is gone 1:1 risk reward, 50% from 4% mean 2% . 2% as profit - 0.25%-0.50% = 1.25% pure profits. Recovered 2 last bad trades and making profits. Still in play with remained orders where I've moved SL at BE :

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