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Cable Update (GBPUSD)

  • #405,421
  • Nov 19, 2014 2:32pm Nov 19, 2014 2:32pm
Quoting joe123
{quote} tried a long on GBPCAD like shown on previous chart but got stopped out with strong move to the down side by 50 pips. then went my way after being stopped out. you win some you lose some. took a short GBPUSD at a supply level. this one was simple trade and easy to find. supply & demand at its simplest. {image} {image}
what levels on GU
  • #405,422
  • Nov 19, 2014 6:37pm Nov 19, 2014 6:37pm
From what i've read on various sources, the general consensus seems to be a continuation of the downwards daily trend. Agree/disagree?

Personally looking to short 1.5790 and hold for atleast a couple hundred pips
  • #405,423
  • Edited 8:52pm Nov 19, 2014 8:35pm | Edited 8:52pm
buy GU @15669 TP15747, sell limit @15747 TP at least @155xx SL20 pips. tik tok...., i hope in 10 minutes still sideways
  • #405,424
  • Nov 19, 2014 9:05pm Nov 19, 2014 9:05pm
..... and lift off...
Attached Image
  • #405,425
  • Nov 20, 2014 2:20am Nov 20, 2014 2:20am
56555 sl 5630 target the tl up top
Attached Image (click to enlarge)
Click to Enlarge Name: 5.png Size: 74 KB
  • #405,426
  • Nov 20, 2014 2:22am Nov 20, 2014 2:22am
Attached Image (click to enlarge)
Click to Enlarge Name: 30.png Size: 64 KB
looks good for now
  • #405,427
  • Nov 20, 2014 3:32am Nov 20, 2014 3:32am
GU H4 GMT+3

I think it is time to trade on the bullish side again because of the good RR...

Good luck!
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdh4.png Size: 42 KB
Anything is math!
  • #405,428
  • Nov 20, 2014 3:37am Nov 20, 2014 3:37am
Quoting Kajos2250
GU H4 GMT+3 I think it is time to trade on the bullish side again because of the good RR... Good luck! {image}
morning lets see if we can get to 6050
  • #405,429
  • Nov 20, 2014 3:58am Nov 20, 2014 3:58am
Quoting elbert3
{quote} morning lets see if we can get to 6050

u are very optimistic there billy..
  • #405,430
  • Nov 20, 2014 4:02am Nov 20, 2014 4:02am
still un finish biz in downside...
GELORE
  • #405,431
  • Nov 20, 2014 4:03am Nov 20, 2014 4:03am
Quoting nAVIN2007
{quote} u are very optimistic there billy..
lol hi Nav ,,i like to aim high lol,,, you ok ?
  • #405,432
  • Nov 20, 2014 5:18am Nov 20, 2014 5:18am
Quoting elbert3
{quote} morning lets see if we can get to 6050
later or sooner it is sure
Anything is math!
  • #405,433
  • Nov 20, 2014 5:26am Nov 20, 2014 5:26am
double bottom

zigzag ?
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD_H4.gif Size: 156 KB
  • #405,434
  • Nov 20, 2014 5:31am Nov 20, 2014 5:31am
Below 5760...a retest of 5580 and continuation of trend is on the cards
  • #405,435
  • Nov 20, 2014 5:33am Nov 20, 2014 5:33am
The pair is still not moving yet..
Already set my Sell limit at 1.57400 .. Expecting there will be some correction first, and bad news from USD..
Looks like people is currently waiting for Unemployment Claims announcement a few hours from now..
Whatever the news will be, bearish will keep comin..
GTS V8 Return This Month: na
  • #405,436
  • Nov 20, 2014 5:58am Nov 20, 2014 5:58am
Quoting Kajos2250
GU H4 GMT+3 I think it is time to trade on the bullish side again because of the good RR... Good luck! {image}
Another buy stop .5686 added...
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdh4.png Size: 44 KB
Anything is math!
  • #405,437
  • Edited 7:05am Nov 20, 2014 6:54am | Edited 7:05am
Quoting rizkinovri
The pair is still not moving yet.. Already set my Sell limit at 1.57400 .. Expecting there will be some correction first, and bad news from USD.. Looks like people is currently waiting for Unemployment Claims announcement a few hours from now.. Whatever the news will be, bearish will keep comin..
1.5780/86 could be a better place to sell.......(maybe a buy at 1.5660?.....)
  • #405,438
  • Nov 20, 2014 7:00am Nov 20, 2014 7:00am
i doub there will be bad news from the us anyway... cable to slide down 150+ pips
  • #405,439
  • Nov 20, 2014 7:04am Nov 20, 2014 7:04am
Quoting poseikwame
i doub there will be bad news from the us anyway... cable to slide down 150+ pips
Forex doesn't always follow news..........does what it wants............later people will ask why it did this and such when news was this and that.........forex blogs will say it was 'priced in' or some other after the fact curve fitting statement.........
  • #405,440
  • Nov 20, 2014 7:05am Nov 20, 2014 7:05am
Quoting cspip
{quote} Forex doesn't always follow news..........does what it wants............later people will ask why it did this and such when news was this and that.........forex blogs will say it was 'priced in' or some other after the fact curve fitting statement.........
you are right... but others term that as manipulation... How are you doing?
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