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Cable Update (GBPUSD)

  • #410,581
  • Feb 27, 2015 7:28am Feb 27, 2015 7:28am
Quoting Idkurv
2 mins... need fasten seatbelt?
Yup, ARE YOU READY??!
Luck shines on the positive.
  • #410,582
  • Feb 27, 2015 7:32am Feb 27, 2015 7:32am
Bummer.
Luck shines on the positive.
  • #410,583
  • Feb 27, 2015 7:33am Feb 27, 2015 7:33am
Wait for 15 30 mins to see market direction...
  • #410,584
  • Feb 27, 2015 7:36am Feb 27, 2015 7:36am
Quoting Idkurv
Wait for 15 30 mins to see market direction...
Strengthening usd may be temporary only, I suspect..
will see..
  • #410,585
  • Feb 27, 2015 7:36am Feb 27, 2015 7:36am
Quoting Idkurv
Wait for 15 30 mins to see market direction...
It already looks like its going to play along range of 1544 and 1539, no breakouts either direction till Home Sales and Consumer Sentiment.
Luck shines on the positive.
  • #410,586
  • Feb 27, 2015 7:44am Feb 27, 2015 7:44am
Quoting Dano12
my visions {image}
What app is this?
  • #410,587
  • Feb 27, 2015 7:52am Feb 27, 2015 7:52am
Quoting plotinus82
{quote} What app is this?
http://www.dynamictraders.com/dt-sof...ware-home.aspx
Started a blog: terraceman blogspot com
  • #410,588
  • Feb 27, 2015 7:54am Feb 27, 2015 7:54am
Quoting YvetteTeo
{quote} It already looks like its going to play along range of 1544 and 1539, no breakouts either direction till Home Sales and Consumer Sentiment.
I actually have fond memories of scalping GBP/USD during huge releases on fridays and end of month.
Luck shines on the positive.
  • #410,589
  • Feb 27, 2015 8:02am Feb 27, 2015 8:02am
Long gu tp1 1.544
will see
  • #410,590
  • Feb 27, 2015 8:03am Feb 27, 2015 8:03am
next month 1.49 possible target , looking for short positions around 1.55 !
  • #410,591
  • Feb 27, 2015 8:04am Feb 27, 2015 8:04am
Quoting YvetteTeo
{quote} I actually have fond memories of scalping GBP/USD during huge releases on fridays and end of month.
I wish one day I can master scalping
still learning
too stressful sometimes

which tf u use for scalp usually?
  • #410,592
  • Feb 27, 2015 8:06am Feb 27, 2015 8:06am
Quoting Idkurv
{quote} I wish one day I can master scalping still learning too stressful sometimes which tf u use for scalp usually?
1m and 15m. The biggest problem with scalping is knowing when to take a loss, and when to let your winnings roll. Once you get your money management mastered, scalping can be pretty rewarding.

That and a broker with tight spreads or low commissions. Lol.

I'm not good at scalping myself because I never know how to cut my losses. Scalps become swing, and that's usually disadvantageous.
Luck shines on the positive.
  • #410,593
  • Feb 27, 2015 8:16am Feb 27, 2015 8:16am
target 1.5350 (1.618), sl 1.5450:
will move sl to 1.5410 if 1.54 is hit.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM5.png Size: 57 KB
  • #410,594
  • Feb 27, 2015 8:31am Feb 27, 2015 8:31am
so, the option number one in the game
  • #410,595
  • Feb 27, 2015 8:33am Feb 27, 2015 8:33am
Quoting Dano12
so, the option number one in the game
Luck shines on the positive.
  • #410,596
  • Feb 27, 2015 8:36am Feb 27, 2015 8:36am
Stops triggered.
NY Open.
What now? Scalpers with tight SL can scalp long now. Short scalpers from the previous sell point I pointed out can watch this level and decide on partial TP or TP or hold.
Green pips everyone.

Edit: Note EUR/USD at bottom soon, and looking to break.
Edit: Or maybe not, don't seem like any firepower left today. I'm take some profits off the table and let small lots open till next week.
Luck shines on the positive.
  • #410,597
  • Feb 27, 2015 8:40am Feb 27, 2015 8:40am
upward trend line broken...
  • #410,598
  • Feb 27, 2015 8:44am Feb 27, 2015 8:44am
Let see what chicago pmi bring..
  • #410,599
  • Feb 27, 2015 8:47am Feb 27, 2015 8:47am
It was enough to kill my shorts:/ Starting new ones. In a day with better than expected GDP I don't think PMI matters much.
  • #410,600
  • Feb 27, 2015 8:47am Feb 27, 2015 8:47am
Quoting YvetteTeo
{quote} It already looks like its going to play along range of 1544 and 1539, no breakouts either direction till Home Sales and Consumer Sentiment.
You were right mate
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