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Cable Update (GBPUSD)

  • #410,841
  • Mar 4, 2015 3:54pm Mar 4, 2015 3:54pm
Quoting kk300
upward trend broken. it wont go back to 500 until after this month and continues to follow the past.
Great start of the month...
  • #410,842
  • Mar 4, 2015 5:23pm Mar 4, 2015 5:23pm
Posted this in my journal and thought maybe some of you might like it.

Now, to the current conditions. There are not big buyers down here, but that doesn't mean we can't go higher from here. The market sold off nicely, but it wasn't THAT strong, and there were some really easy spots that could used some testing. This is what I'm seeing at the moment. Key is to stay very flexible and attentive to clues.
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  • #410,843
  • Mar 4, 2015 5:27pm Mar 4, 2015 5:27pm
Quoting Spudforex
{quote} flight delayed just as well - glad i got a career btw as this trading game is like so crappy lol a few years ago i think E u might agree it was cool but these days its a gamble guessing game call it what u like but hey dont call it trading as this is not .. taking a long earned break with money in the bank ..
You know you love this game!

Can't win them all, Spud. The month is young.
  • #410,844
  • Mar 4, 2015 7:46pm Mar 4, 2015 7:46pm
Quoting sakisf
Decision day tomorrow. {image}
howw can you ever see anything on that tmpl ?????

Quoting Idkurv
Long gu tp 1.533
same here.
  • #410,845
  • Mar 4, 2015 7:49pm Mar 4, 2015 7:49pm
L 5252. Stop below 5240. Scalp only.
Intraday only.
  • #410,846
  • Mar 4, 2015 8:25pm Mar 4, 2015 8:25pm
good night
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  • #410,847
  • Mar 4, 2015 10:00pm Mar 4, 2015 10:00pm
i have no 10 billions to pump the price up , so i have short

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  • #410,848
  • Mar 4, 2015 10:25pm Mar 4, 2015 10:25pm
Quoting jasakreatif
i have no 10 billions to pump the price up , so i have short {image}
Europeans will pump money in London session.
Intraday only.
  • #410,849
  • Mar 5, 2015 12:00am Mar 5, 2015 12:00am
Quoting navk
{quote} Europeans will pump money in London session.
are u sure .. ? , look at this scalp mate

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  • #410,850
  • Mar 5, 2015 12:05am Mar 5, 2015 12:05am
next support fib/Daily Support area I guess
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Come with me if you want to live....
  • #410,851
  • Mar 5, 2015 12:17am Mar 5, 2015 12:17am
Quoting Ill-b-back
next support fib/Daily Support area I guess {image} {image}
Yes, I definitely got some support around 1,52 .Let us see if it holds (GU weekly TF inluded)

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  • #410,852
  • Mar 5, 2015 12:23am Mar 5, 2015 12:23am
The pair confirmed a very weak closing plunging even below 1,53 suggesting a test of the 1,52 area where market expect some support. I see having well oversold conditions in the hourly chart and this could lead to a rebound. I try to buy at 1,52.
  • #410,853
  • Mar 5, 2015 12:33am Mar 5, 2015 12:33am
Quoting Ill-b-back
next support fib/Daily Support area I guess {image} {image}
i guess dont think so , i guess i'll not remove my tp and sl
  • #410,854
  • Mar 5, 2015 12:51am Mar 5, 2015 12:51am
Wow talk about currency wars amongst banks, has to be one of the most hectic times,everyone but USD is fighting to keep there currency lower lol until FED do QE4 then will blow them all away.Not expecting much from BOE however a small bounce would make more sense.
All posts are my personal opinion
  • #410,855
  • Mar 5, 2015 1:03am Mar 5, 2015 1:03am
Quoting jasakreatif
{quote} i guess dont think so , i guess i'll not remove my tp and sl


just pointing out the next fib chump, what you do with your trade is not my concern
Come with me if you want to live....
  • #410,856
  • Mar 5, 2015 1:05am Mar 5, 2015 1:05am
Im long gu from 5225, its about time
  • #410,857
  • Mar 5, 2015 1:25am Mar 5, 2015 1:25am
Quoting Ill-b-back
next support fib/Daily Support area I guess {image} {image}
Morning. yes its torn the back out of it , my sl short reverse are making up for the commission loss but no big lots yet need to find the confidence lets se if this one works scalp to 250 and see what happens , possible lines of attraction both ways just need to find the way ,,lol gl B
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  • #410,858
  • Mar 5, 2015 1:28am Mar 5, 2015 1:28am
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  • #410,859
  • Mar 5, 2015 1:46am Mar 5, 2015 1:46am
Quoting Lamira
{quote} howw can you ever see anything on that tmpl ????? {quote} same here.
I see what I need to see, don't take much of it into consideration. I just use the 1hr & 5m to place trades, 4hr from distance like this one only to set targets and sl's.
  • #410,860
  • Mar 5, 2015 1:47am Mar 5, 2015 1:47am
Seems bullish down here...a bounce is likely, never know though.
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