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Cable Update (GBPUSD)

  • #411,141
  • Mar 10, 2015 3:37am Mar 10, 2015 3:37am
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looks like its going to the line support to the left gone
  • #411,142
  • Mar 10, 2015 3:39am Mar 10, 2015 3:39am
Quoting elbert3
{image} looks like its going to the line support to the left gone
yes, I took a small long, got s/o. Good RR. It was an idiotic trade though lol
Fix up, trade sharp ...
  • #411,143
  • Mar 10, 2015 3:43am Mar 10, 2015 3:43am
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go with the flow 5050 watch area
  • #411,144
  • Mar 10, 2015 3:43am Mar 10, 2015 3:43am
3 targets at the arrows. Then retrace and short again for 1.38.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH4.png Size: 55 KB
  • #411,145
  • Mar 10, 2015 3:45am Mar 10, 2015 3:45am
Quoting Hickson
{quote} yes, I took a small long, got s/o. Good RR. It was an idiotic trade though lol
i went long but pulled out on the 5 min 200 ema then waited for a bounce on my tl but took short as it failed 5050 / 30 test now
  • #411,146
  • Mar 10, 2015 3:45am Mar 10, 2015 3:45am
Quoting elbert3
{quote} i went long but pulled out on the 5 min 200 ema then waited for a bounce on my tl but took short as it failed 5050 / 30 test now
Well done. I also reversed on geppy.
Fix up, trade sharp ...
  • #411,147
  • Mar 10, 2015 3:48am Mar 10, 2015 3:48am
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  • #411,148
  • Mar 10, 2015 3:51am Mar 10, 2015 3:51am
Quoting elbert3
{quote} i went long but pulled out on the 5 min 200 ema then waited for a bounce on my tl but took short as it failed 5050 / 30 test now
watch 5005 if it goes off here 40
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bounce tl or back in short ??
  • #411,149
  • Mar 10, 2015 3:52am Mar 10, 2015 3:52am
Quoting sakisf
3 targets at the arrows. Then retrace and short again for 1.38. {image}
Cookie 1 eaten. Now on to 2 (1.4990).
Attached Image (click to enlarge)
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  • #411,150
  • Mar 10, 2015 3:58am Mar 10, 2015 3:58am
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possible line attraction bounce here would be good to 5148
  • #411,151
  • Mar 10, 2015 4:07am Mar 10, 2015 4:07am
Closed my short scalps. waiting for retrace to re-enter.
  • #411,152
  • Mar 10, 2015 4:17am Mar 10, 2015 4:17am
That was plenty of a retrace I think. Almost 20 pips. Set SL's to 1.5070 (will move them though to 1.5080 if it makes another burst to 1.5061).
  • #411,153
  • Mar 10, 2015 4:20am Mar 10, 2015 4:20am
like to see it burst 64 might find more buys over that quick retake of the mornings high
  • #411,154
  • Mar 10, 2015 4:21am Mar 10, 2015 4:21am
Let's see what happens.
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  • #411,155
  • Mar 10, 2015 4:42am Mar 10, 2015 4:42am
Just my guess, they should tested yesterday high.
Reason - so many people short yesterday.
  • #411,156
  • Mar 10, 2015 4:59am Mar 10, 2015 4:59am
Seems like lots of longs are filled here @1.5050. Doesn't seem to want to go below.
  • #411,157
  • Mar 10, 2015 5:18am Mar 10, 2015 5:18am
Long again at break of 60ish, risking very few here but recent highs are in focus again if it can develop some momentum.
Fix up, trade sharp ...
  • #411,158
  • Mar 10, 2015 5:45am Mar 10, 2015 5:45am
For a moment she did it, but lots of resistance coming in here ...
Attached Image
Fix up, trade sharp ...
  • #411,159
  • Mar 10, 2015 5:54am Mar 10, 2015 5:54am
Quoting Hickson
For a moment she did it, but lots of resistance coming in here ... {image}
see above chart bang on, sell into it small buy out of it bigger
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sorry i thought i posted this one
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  • #411,160
  • Mar 10, 2015 5:55am Mar 10, 2015 5:55am
Now pull back, but I think that this is not the end of the ride in 5 waves down ??
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