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Cable Update (GBPUSD)

  • #410,901
  • Mar 5, 2015 7:28am Mar 5, 2015 7:28am
Quoting Idkurv
{quote} Is it flying now? gu
Yes
Attached Image
  • #410,902
  • Mar 5, 2015 7:34am Mar 5, 2015 7:34am
Quoting Ill-b-back
{quote} Yeah, for now {image}
well news was mixed , is it back to buy the dip,, ??5270 then it should be 5333 area ,
  • #410,903
  • Mar 5, 2015 7:39am Mar 5, 2015 7:39am
Quoting elbert3
{quote} well news was mixed , is it back to buy the dip,, ??5270 then it should be 5333 area ,
well there is some unexpected traders out there moving in or out of positions give it a few mins lets see where 68 was a kick in the teeth
  • #410,904
  • Mar 5, 2015 7:39am Mar 5, 2015 7:39am
Quoting elbert3
{quote} well news was mixed , is it back to buy the dip,, ??5270 then it should be 5333 area ,
Could be, why not.

Depends on TF traded I guess.
Come with me if you want to live....
  • #410,905
  • Mar 5, 2015 7:41am Mar 5, 2015 7:41am
Quoting jasakreatif
{quote} i bought EG {image}
reenter lower

Attached Image (click to enlarge)
Click to Enlarge Name: EURGBPMonthly.png Size: 47 KB
  • #410,906
  • Mar 5, 2015 7:43am Mar 5, 2015 7:43am
Quoting Ill-b-back
{quote} Could be, why not. Depends on TF traded I guess.
jumping all over the place could take out some tight stops at the bottom , but break that low then the 61%fib 5181 area
  • #410,907
  • Mar 5, 2015 7:49am Mar 5, 2015 7:49am
Bought some here @1.5233, tp daily open, sl 14 pips below.

Bah scratch that, 5m not looking good.
  • #410,908
  • Mar 5, 2015 7:53am Mar 5, 2015 7:53am
Quoting elbert3
{quote} jumping all over the place could take out some tight stops at the bottom , but break that low then the 61%fib 5181 area
Precisely,
Come with me if you want to live....
  • #410,909
  • Mar 5, 2015 7:55am Mar 5, 2015 7:55am
Quoting Ill-b-back
{quote} Could be, why not. Depends on TF traded I guess.
Attached Image (click to enlarge)
Click to Enlarge Name: e2.png Size: 60 KB
and the answer was no,? for now
  • #410,910
  • Mar 5, 2015 8:00am Mar 5, 2015 8:00am
:nerd:
Quoting elbert3
{quote} {image} and the answer was no,? for now
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH4.png Size: 27 KB
Come with me if you want to live....
  • #410,911
  • Mar 5, 2015 8:06am Mar 5, 2015 8:06am
Did we just break some crucial support?

Late here, off to bed
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH4.png Size: 34 KB
Come with me if you want to live....
  • #410,912
  • Mar 5, 2015 8:06am Mar 5, 2015 8:06am
Made a killing today on GU

2015.03.05 15:48:30 buy 0.05 gbpusd 1.52336 1.52192 1.52626 2015.03.05 15:50:341.52374 -0.38 0.000.00 1.90
2015.03.05 15:51:19 buy 0.05 gbpusd 1.52334 1.52192 1.52627 2015.03.05 15:53:011.52352 -0.38 0.000.00 0.90
2015.03.05 15:54:12 buy 0.05 gbpusd 1.52329 1.52150 1.52464 2015.03.05 15:57:521.52310 -0.38 0.000.00 -0.95
2015.03.05 15:55:43 buy 0.05 gbpusd 1.52255 1.52150 1.52465 2015.03.05 15:57:511.52307 -0.38 0.000.00 2.60



Bought me a chocolate.

Short now @1.5238 with eyes on EU.
  • #410,913
  • Mar 5, 2015 8:32am Mar 5, 2015 8:32am
Quoting Kajos2250
{quote} GU H8 GMT+2 Coriously waiting the close and the reaction at ~52 support, possible to join to bulls again... {image}
GU H8 GMT+2

Bearish engulfing. Waiting to touch ~52 support...

Good luck!
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH8.png Size: 46 KB
Anything is math!
  • #410,914
  • Mar 5, 2015 8:41am Mar 5, 2015 8:41am
Still leaning towards a move to 1.5350, but if 1.5205 breaks I could see it dropping another 100 pips from there.
  • #410,915
  • Mar 5, 2015 8:53am Mar 5, 2015 8:53am
I'm expecting break out to the down side
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSD.PNG Size: 94 KB
Click to Enlarge Name: GBPUD-H1.png Size: 108 KB
  • #410,916
  • Mar 5, 2015 9:34am Mar 5, 2015 9:34am
Gu/rls its Fibonacci

https://charts.mql5.com/7/181/gbpusd...ts-limited.png
  • #410,917
  • Mar 5, 2015 9:50am Mar 5, 2015 9:50am
Looking more and more likely to see that rally.
Attached Image (click to enlarge)
Click to Enlarge Name: 1.png Size: 60 KB
  • #410,918
  • Mar 5, 2015 10:16am Mar 5, 2015 10:16am
Quoting Zappa
Looking more and more likely to see that rally. {image}
Because did you draw these lines? I am just curiuos...
Anything is math!
  • #410,919
  • Mar 5, 2015 10:22am Mar 5, 2015 10:22am
Quoting sakisf
{quote} 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.
Ok ) so what do you see ?
  • #410,920
  • Mar 5, 2015 10:32am Mar 5, 2015 10:32am
Quoting Kajos2250
{quote} Because did you draw these lines? I am just curiuos...
Yes I drew them, but that's not really the reason I'm leaning towards a rally. Its just another piece to the puzzle, most of the other pieces would require too much explaining for the moment.

This is definitely not the greatest trade set-up, though. I'd put my confidence at around 65%.
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