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Cable Update (GBPUSD)

  • #405,041
  • Nov 11, 2014 1:26pm Nov 11, 2014 1:26pm
Quoting cspip
Probably slowly grind its way to 1.5974 ish
Gidday


EUR bounce

Fun in games over 1.25

pretty close now
  • #405,042
  • Nov 11, 2014 10:47pm Nov 11, 2014 10:47pm
Attached Image (click to enlarge)
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  • #405,043
  • Nov 12, 2014 12:32am Nov 12, 2014 12:32am
Hope It rises
  • #405,044
  • Edited 1:41am Nov 12, 2014 1:20am | Edited 1:41am
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) :


Attached Image (click to enlarge)
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Money moves the market, not an indicator.
  • #405,045
  • Nov 12, 2014 1:40am Nov 12, 2014 1:40am
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.
Attached Image (click to enlarge)
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  • #405,046
  • Nov 12, 2014 1:42am Nov 12, 2014 1:42am
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.
  • #405,047
  • Edited 2:01am Nov 12, 2014 1:48am | Edited 2:01am
Update : Manual exit with 50% sl

Quoting andoseg2
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}
New pending long:

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Money moves the market, not an indicator.
  • #405,048
  • Nov 12, 2014 2:15am Nov 12, 2014 2:15am
Quoting andoseg2
Update : Manual exit with 50% sl {quote} New pending long: {image}
Going Long with simple 123 pattern :

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Money moves the market, not an indicator.
  • #405,049
  • Nov 12, 2014 2:16am Nov 12, 2014 2:16am
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short order on
  • #405,050
  • Nov 12, 2014 2:18am Nov 12, 2014 2:18am
Attached Image (click to enlarge)
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or break out long ,, flexible this morning ..lol
  • #405,051
  • Nov 12, 2014 2:20am Nov 12, 2014 2:20am
Quoting andoseg2
{quote} Going Long with simple 123 pattern : {image}
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 :

Attached Image (click to enlarge)
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Money moves the market, not an indicator.
  • #405,052
  • Nov 12, 2014 2:23am Nov 12, 2014 2:23am
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5950 pos res/??
  • #405,053
  • Nov 12, 2014 2:26am Nov 12, 2014 2:26am
If the price hit 4xreward then I take another half of them :

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Money moves the market, not an indicator.
  • #405,054
  • Nov 12, 2014 2:32am Nov 12, 2014 2:32am
Stopped out with profit. Moving on other pair.
Money moves the market, not an indicator.
  • #405,055
  • Nov 12, 2014 2:33am Nov 12, 2014 2:33am
Attached Image (click to enlarge)
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could see 6100 if it can break higher fail then head towards the tl pointing down
  • #405,056
  • Nov 12, 2014 2:39am Nov 12, 2014 2:39am
5925 short sl 39, 5786 target area watch area 5864
  • #405,057
  • Nov 12, 2014 3:07am Nov 12, 2014 3:07am
lets see if it gives me my buy limit 5902 then bounces up on news to give me 60+ pips

Attached Image (click to enlarge)
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  • #405,058
  • Nov 12, 2014 3:14am Nov 12, 2014 3:14am
Quoting PatienceFx
lets see if it gives me my buy limit 5902 then bounces up on news to give me 60+ pips {image}
trade entry 5902 no sl needed
  • #405,059
  • Nov 12, 2014 3:32am Nov 12, 2014 3:32am
Quoting PatienceFx
{quote} trade entry 5902 no sl needed
well, ive got my long at 5904 and sl at 5860, tp 5955, gu can be crazy during data release
  • #405,060
  • Nov 12, 2014 3:37am Nov 12, 2014 3:37am
Quoting PatienceFx
{quote} trade entry 5902 no sl needed
placing stop at be 5902 since the initial wave has passed , cannot trust rsi lol
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