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Cable Update (GBPUSD)

  • #409,241
  • Feb 18, 2015 4:03pm Feb 18, 2015 4:03pm
Quoting elbert3
{quote} one can load 10 lots inside a trade i do this myself,, i post it to before i do it ,most of my trades a in view before they happen , i see some traders post ,, post move,,
lol, nobody is interested in my micro and mini lots
Fix up, trade sharp ...
  • #409,242
  • Feb 18, 2015 4:03pm Feb 18, 2015 4:03pm
Quoting hickson
{quote} next few days will be interesting. Can betty finally soar again? Did the market maker's pants burst from all the shorts already and they want longs too? This and more tomorrow in a new episode of "betty grable, the princess of crazy fx". Spoiler: Betty wants to make out with 5440 to 5480 ish to make her decision ...
hick see the sunday post it went long 5150 ,, never looked back,, night cuz,,lol
  • #409,243
  • Feb 18, 2015 4:04pm Feb 18, 2015 4:04pm
Quoting hickson
{quote} lol, nobody is interested in my micro and mini lots
you keep going mountains and mole hills, nothing wrong with that .. Positive,,thinking,,lol night
  • #409,244
  • Feb 18, 2015 4:04pm Feb 18, 2015 4:04pm
Quoting Zappa
{quote} Haha..its all good, man. This whole thing started because one of the members insinuated that no one in here really knew what they were doing, and I took offense to that. Alright, off to the gym. I'll catch up with you all later.
Still a Good call Frank ..
If people realised how high a ranking this place has over the internet globally then they might even surprise themselves lol ..
now then Lets see what Asia brings ..
  • #409,245
  • Feb 18, 2015 4:05pm Feb 18, 2015 4:05pm
do you guys see a nice shooting star in H4 with close rate just below the rate of the long candle (2 and 3 positions before)

could it be a reversal?
  • #409,246
  • Feb 18, 2015 4:06pm Feb 18, 2015 4:06pm
Quoting elbert3
{quote} hick see the sunday post it went long 5150 ,, never looked back,, night cuz,,lol
Yes, this was well done. Gn8!
Fix up, trade sharp ...
  • #409,247
  • Feb 18, 2015 4:06pm Feb 18, 2015 4:06pm
Quoting elbert3
i thonk range time now ,, so night guys well done,, we have had some good opinions this week,, great job,, see you first thing 6.30 for me,, regards E
Likewise E .. another day .. Hombre
  • #409,248
  • Feb 18, 2015 4:21pm Feb 18, 2015 4:21pm
Hello guys, how's everyone doing?

Gratz to those who managed to ride the long wave up
Zappa, Elbert and the rest of you who were long
Tbh, I really thought this pair would go down since I looked at other GBP pairs...

And yea, GJ shorts did hit TP but for GBPUSD I am a bit confused now.
Maybe it is trying to decide mid term trend?
  • #409,249
  • Feb 18, 2015 4:23pm Feb 18, 2015 4:23pm
Quoting danndc
do you guys see a nice shooting star in H4 with close rate just below the rate of the long candle (2 and 3 positions before) could it be a reversal?
Tbh my friend, there is NO real resistance until maybe 1.56x based on D1 chart so its possible further rise short term. If this thing goes down now, we would be considered "lucky". I still maintain the bearish position (longer term) on GBPUSD since the other pairs GBPJPY GBPAUD GBPNZD seem poised to fall further before next leg up...

There is usually clues by studying other pairs. After the next fall tho, maybe time to start loading longs? Only time will tell.
  • #409,250
  • Feb 18, 2015 4:46pm Feb 18, 2015 4:46pm
Quoting MaryAnne
{quote} Tbh my friend, there is NO real resistance until maybe 1.56x based on D1 chart so its possible further rise short term. If this thing goes down now, we would be considered "lucky". I still maintain the bearish position (longer term) on GBPUSD since the other pairs GBPJPY GBPAUD GBPNZD seem poised to fall further before next leg up... There is usually clues by studying other pairs. After the next fall tho, maybe time to start loading longs? Only time will tell.
YOu might wish to look at 155 500 before 156 000
if ur seeking resistance
Spud
  • #409,251
  • Feb 18, 2015 4:47pm Feb 18, 2015 4:47pm
Quoting maryanne
hello guys, how's everyone doing? Gratz to those who managed to ride the long wave up zappa, elbert and the rest of you who were long Tbh, i really thought this pair would go down since i looked at other gbp pairs... And yea, gj shorts did hit tp but for gbpusd i am a bit confused now. Maybe it is trying to decide mid term trend?
thanks m sorry if you have lost any cash, there is and is resistance .even this high see the above chart, but it is the support we are now interested in as i think this will give us entry for trades , i might be wrong but this is how i will play it out, but because i scalp i will be looking at both ways,airing on the stronger side at supports ,,if this makes sense as i am now half cut,,,lol regards e
  • #409,252
  • Feb 18, 2015 4:49pm Feb 18, 2015 4:49pm
showing finger real quick... @440
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM30.png Size: 38 KB
  • #409,253
  • Feb 18, 2015 4:50pm Feb 18, 2015 4:50pm
Quoting Spudforex
{quote} YOu might wish to look at 155 500 before 156 000 if ur seeking resistance Spud
even 5530 S.... look at the weekly chart i posted , just on the edge of sleep one more vino should do it,,lol
  • #409,254
  • Feb 18, 2015 4:53pm Feb 18, 2015 4:53pm
Quoting Rtm
{quote} Hope you are getting more presents than turds! Yes This GBP news was move of the day, I got eyes on a GBPAUD short, although I think I might be early to the party, we will see.
Got my eye on that pair, also ... .
Fireworks are fun ... as long as you don't blow your fingers off.
  • #409,255
  • Feb 18, 2015 4:54pm Feb 18, 2015 4:54pm
Quoting Spudforex
{quote} YOu might wish to look at 155 500 before 156 000 if ur seeking resistance Spud
thanks Spudforex but what I mean is really strong Resistance. it will be around 1.56++... just in case anybody wants to go heavy lots shorts @ 1.5550 still a bit risky
  • #409,256
  • Feb 18, 2015 4:56pm Feb 18, 2015 4:56pm
Quoting elbert3
{quote} thanks m sorry if you have lost any cash, there is and is resistance .even this high see the above chart, but it is the support we are now interested in as i think this will give us entry for trades , i might be wrong but this is how i will play it out, but because i scalp i will be looking at both ways,airing on the stronger side at supports ,,if this makes sense as i am now half cut,,,lol regards e
It's cool. And its fine since GJ and UJ made money. What I am trying to figure out tho, is how far will this mini bull extend before next leg down. We nearing the end of it guys?
  • #409,257
  • Feb 18, 2015 4:58pm Feb 18, 2015 4:58pm
Quoting ZebraSquirl
{quote} Got my eye on that pair, also ... .
U playing the crosses too?
I will be looking for EURGBP shorts (longer term), and GJ shorts (short term) again.

BTW, is this the Bearish Gartley pattern or something playing out?

Ps: dont mean to spam but elbert and spud, where are u looking to reload longs from? 1.536x?
  • #409,258
  • Feb 18, 2015 5:02pm Feb 18, 2015 5:02pm
Quoting MaryAnne
{quote} It's cool. And its fine since GJ and UJ made money. What I am trying to figure out tho, is how far will this mini bull extend before next leg down. We nearing the end of it guys?
1.54920 is the end.
  • #409,259
  • Feb 18, 2015 5:03pm Feb 18, 2015 5:03pm
Quoting MaryAnne
{quote} It's cool. And its fine since GJ and UJ made money. What I am trying to figure out tho, is how far will this mini bull extend before next leg down. We nearing the end of it guys?
what we have to watch is that even this high ,,but i think a bit higher ,,is that on the monthly chart price might be coming back to test the break out on the monthly doji drop/breakout short,, Bones has touched on this before ,,see his past charts , and i think this will need a catalysis to make this happen ,ie the talk of rate drop or deflation which has been mentioned before,,,time will tell, regards E
  • #409,260
  • Feb 18, 2015 5:05pm Feb 18, 2015 5:05pm
Quoting maryanne
{quote} u playing the crosses too? :d i will be looking for eurgbp shorts (longer term), and gj shorts (short term) again. Btw, is this the bearish gartley pattern or something playing out? Ps: Dont mean to spam but elbert and spud, where are u looking to reload longs from? 1.536x?
i have mentioned that number . But i will need to look at the platform in the morning , as i am on the laptop in the pool room at this time ,,
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