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Cable Update (GBPUSD)

  • #411,561
  • Mar 16, 2015 10:19am Mar 16, 2015 10:19am
Quoting digger1
{quote} Wondering where you were lol, Long atm looking to take some off in the red circle with the rest holding to get to the magical 1.50 line or so by say Wednesday about 1 pm est or so ha , time will tell , good trading all. {image}
just tp waiting now on the 5 min , i had a nice load area before ,,gl regards watch dont get caught , 4820 might get a touch
  • #411,562
  • Mar 16, 2015 10:24am Mar 16, 2015 10:24am
Only up.. Sometimes you need to know just little more than trendlines ant other lines.. A lot of people shorting, ant a lot shorts will be triggered in near time. GBP/USD goes 150 pip up with no strong reason, do you think it will turn back ? )))
  • #411,563
  • Mar 16, 2015 10:32am Mar 16, 2015 10:32am
It goes up because of E/G (containment) and Euro rising. 1.5 is too far atm unless fundamentals change in 2-3 days.
  • #411,564
  • Mar 16, 2015 10:37am Mar 16, 2015 10:37am
1.5130 is not too far, and didn't say that will be touched today. My goal is this and next week for reaching target.
  • #411,565
  • Mar 16, 2015 10:41am Mar 16, 2015 10:41am
GBP is extremely bearish, and making new lows week by week. This is a very long term view of GBP/USD, taking from a yearly chart. Could the pound really reach 1.0000?
https://pbs.twimg.com/media/B6m22VkIIAAq0Le.jpg
@mmenendezlarre
  • #411,566
  • Mar 16, 2015 10:45am Mar 16, 2015 10:45am
Quoting karolisl
Only up.. Sometimes you need to know just little more than trendlines ant other lines.. A lot of people shorting, ant a lot shorts will be triggered in near time. GBP/USD goes 150 pip up with no strong reason, do you think it will turn back ? )))
Ha I knew you would chirp, hope your vsa got a few pips today, do I think it will go strait there , no , pretty strait forward without too much fan fare , in long in the green circle,, profit at red x on several (2 day moving average). a few shts at red x stpped out in profit, a few longs back on on that dip down if the 2 day average dont hold hold they will be stpped for a few. You keep trying to decipher your vsa bars Ill keep trading , not much more to be said about that to me , If it works for you, fine it will never work for me .
Attached Image (click to enlarge)
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  • #411,567
  • Mar 16, 2015 10:52am Mar 16, 2015 10:52am
I'm not only using vsa.. and i'm don't use vsa like all others, and vsa use not much..

Attached Image (click to enlarge)
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  • #411,568
  • Mar 16, 2015 10:55am Mar 16, 2015 10:55am
Quoting karolisl
I'm not only using vsa.. and i'm don't use vsa like all others, and vsa use not much.. {image}
Well did you get long at any point in time today?
  • #411,569
  • Mar 16, 2015 10:58am Mar 16, 2015 10:58am
Quoting digger1
{quote} Well did you get long at any point in time today?
During this day i had few small trades an this pair. There was shorts and longs, more like scalp trades with targets 10-30 pips.
  • #411,570
  • Mar 16, 2015 11:00am Mar 16, 2015 11:00am
Quoting digger1
{quote} Well did you get long at any point in time today?
Well good job , yellow average on the 4 hour chart is a 10 ema off the daily , unless the feds come arcross real dovish in their statement not looking for it to go much past there , time will tell , trail your stop and keep some of that profit
  • #411,571
  • Mar 16, 2015 11:23am Mar 16, 2015 11:23am
gbp jpy looking bullish
Attached Image (click to enlarge)
Click to Enlarge Name: NZD (DFB).png Size: 26 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #411,572
  • Mar 16, 2015 11:49am Mar 16, 2015 11:49am
I take your point ,I'm thinking its best not to overextend a rather uniform move on the third candle ,then April we can see what next
current range is 6 years old ,been in this zone 10+ years before

Quoting NewElliott
GBP is extremely bearish, and making new lows week by week. This is a very long term view of GBP/USD, taking from a yearly chart. Could the pound really reach 1.0000? https://pbs.twimg.com/media/B6m22VkIIAAq0Le.jpg @mmenendezlarre
Attached Image(s) (click to enlarge)
Click to Enlarge Name: USD (DFB).png Size: 20 KB
Click to Enlarge Name: NZD (DFB).png Size: 25 KB
Click to Enlarge Name: USDLFXMonthly.png Size: 19 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #411,573
  • Mar 16, 2015 12:58pm Mar 16, 2015 12:58pm
closed all longs, don't like to leave open trades during overnight..
  • #411,574
  • Mar 16, 2015 11:45pm Mar 16, 2015 11:45pm
Attached Image (click to enlarge)
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retest 4850 area
  • #411,575
  • Mar 17, 2015 1:12am Mar 17, 2015 1:12am
http://www.fxstreet.com/news/forex-n...a-6e2b73dadcb2

Broke the @ 1.4806 which would be the next support now?
  • #411,576
  • Mar 17, 2015 1:17am Mar 17, 2015 1:17am
@1.4780, 1.4760, 1.4740, 1.4690.

Will drag down EU & NU hopefully The movement game of GU is still in E/G.
  • #411,577
  • Mar 17, 2015 1:37am Mar 17, 2015 1:37am
Attached Image (click to enlarge)
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nice sell there out as it hit the line wait now could be a buy area
  • #411,578
  • Mar 17, 2015 1:41am Mar 17, 2015 1:41am
Quoting elbert3
{image} nice sell there out as it hit the line wait now could be a buy area
Your last post indicated a buy opportunity not sell.
  • #411,579
  • Mar 17, 2015 1:47am Mar 17, 2015 1:47am
Quoting oztrader79
{quote} Your last post indicated a buy opportunity not sell.
I reckon he means he took a sell around those highs1.4838 or so and took his profits ,looking for a possible long now
  • #411,580
  • Mar 17, 2015 1:48am Mar 17, 2015 1:48am
Quoting oztrader79
{quote} Your last post indicated a buy opportunity not sell.
go with the flow dont look at the indi it changes . thats why i posted testing the resistance again and it failed , then we had a breakout tl so i go short,
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