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Cable Update (GBPUSD)

  • #411,581
  • Mar 17, 2015 3:49am Mar 17, 2015 3:49am
Quoting digger1
{quote} I reckon he means he took a sell around those highs1.4838 or so and took his profits ,looking for a possible long now
spot on digger ,, good man i am long as i said ,,hit that tl of mine and tp again but , sl and short is on , regards
  • #411,582
  • Mar 17, 2015 3:51am Mar 17, 2015 3:51am
Quoting elbert3
{quote} 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,
lol, just have to get the right indi and follow the pattern , didn't mean to answer for you by the way, just kinda a busy time of morning lol
  • #411,583
  • Mar 17, 2015 3:58am Mar 17, 2015 3:58am
Quoting digger1
{quote} lol, just have to get the right indi and follow the pattern , didn't mean to answer for you by the way, just kinda a busy time of morning lol
lol morning , thats the chart , fail x then break out and then look to higher tc to find a possible tl hence that 30 min chart before , the emas where saying long and i was surprised , the 4 hour was still in the middle ??
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  • #411,584
  • Mar 17, 2015 4:01am Mar 17, 2015 4:01am
Selling here @1.4788. SL 1.4805, TP 1.47.
  • #411,585
  • Mar 17, 2015 4:04am Mar 17, 2015 4:04am
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ok indi says sell break the support then x short . option 1, if it holds the 4900 plus because i t would break 4845 . lets see, note eurusd did not drop in fact it looks like 1.078 is still on the cards .0550 i would sell there
  • #411,586
  • Mar 17, 2015 4:21am Mar 17, 2015 4:21am
Cameron said earlier today he will raise minimum wage by 3% on 10/15. Not sure if it plays a role in today's fall but it will surely keep GU weakened from October if passed.
  • #411,587
  • Mar 17, 2015 4:23am Mar 17, 2015 4:23am
Quoting elbert3
{image} ok indi says sell break the support then x short . option 1, if it holds the 4900 plus because i t would break 4845 . lets see, note eurusd did not drop in fact it looks like 1.078 is still on the cards .0550 i would sell there
Im still holding a few short , That pattern is very profitable, variation of it in both eur and the gbp caught the longs up in both the gbp and eur which is dropping by the way lol, heavily short in that at the moment , caught the push up and the shorts down , upper left corner is the trend line I was watching in the gbp , the x lower right corner is just a 1 and 2 day average
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  • #411,588
  • Mar 17, 2015 4:27am Mar 17, 2015 4:27am
Well out of both , will see what the gbp looks like if it gets above the daily pivot and back to the 1 and 2 day average , just playing with little ones now , day is pretty much done for me unless a good set up comes along
  • #411,589
  • Mar 17, 2015 4:31am Mar 17, 2015 4:31am
Quoting digger1
{quote}Im still holding a few short , That pattern is very profitable, variation of it in both eur and the gbp caught the longs up in both the gbp and eur which is dropping by the way lol, heavily short in that at the moment , caught the push up and the shorts down , upper left corner is the trend line I was watching in the gbp , the x lower right corner is just a 1 and 2 day average {image}
That looks tech to me,,lol you must be pro , doing this for a living ,regards res coming , like to blast past it
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  • #411,590
  • Mar 17, 2015 4:35am Mar 17, 2015 4:35am
Quoting elbert3
{quote} That looks tech to me,,lol you must be pro , doing this for a living ,regards
Nah , I farm for a living lol, slow time for me , bout to change tho , this is just my winter time hobby , usually makes my local John Deere dealer happy tho when I have a good winter
  • #411,591
  • Mar 17, 2015 4:37am Mar 17, 2015 4:37am
Quoting digger1
{quote} Nah , I farm for a living lol, slow time for me , bout to change tho , this is just my winter time hobby , usually makes my local John Deere dealer happy tho when I have a good winter
lol ,
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thats my load done see where now
  • #411,592
  • Mar 17, 2015 4:39am Mar 17, 2015 4:39am
Quoting sakisf
Selling here @1.4788. SL 1.4805, TP 1.47.
Do you think it's bullish now?
  • #411,593
  • Mar 17, 2015 4:41am Mar 17, 2015 4:41am
Quoting oztrader79
{quote} Do you think it's bullish now?
I reckon just kinda ranging till Wednesday , both the gbp and the usd has some big news events coming up then
  • #411,594
  • Mar 17, 2015 4:42am Mar 17, 2015 4:42am
Quoting oztrader79
{quote} Do you think it's bullish now?
It's trying to catch up E/G from breaking out. Will depend on EU news in 20 min. Momentum might be bullish, in general I think it's bearish, 1.5x not to be seen soon, heading for 1.45>1.38. Things might change with FOMC though. My targets are there with arrows down.
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  • #411,595
  • Mar 17, 2015 4:46am Mar 17, 2015 4:46am
Quoting sakisf
{quote} It's trying to catch up E/G from breaking out. Will depend on EU news in 20 min. Momentum might be bullish, in general I think it's bearish, 1.5x not to be seen soon, heading for 1.45>1.38. Things might change with FOMC though. My targets are there with arrows down. {image}
Yes FOMC has a habit of blowing expectations to of the water. I don't think we will see 1.50 in the next 24hrs, just interested to know people's expected ranges.
  • #411,596
  • Mar 17, 2015 4:49am Mar 17, 2015 4:49am
Quoting digger1
{quote} I reckon just kinda ranging till Wednesday , both the gbp and the usd has some big news events coming up then
ys i think it just bottomed range so lets see if it can break 4810 , i could have a quick run up if it gets going and vise versa stalled here
  • #411,597
  • Mar 17, 2015 4:49am Mar 17, 2015 4:49am
Quoting oztrader79
{quote} Yes FOMC has a habit of blowing expectations to of the water. I don't think we will see 1.50 in the next 24hrs, just interested to know people's expected ranges.
"soon" = in the next 2-3 months if FOMC does as intended, not today or tomorrow.
  • #411,598
  • Mar 17, 2015 4:56am Mar 17, 2015 4:56am
Quoting sakisf
{quote} "soon" = in the next 2-3 months if FOMC does as intended, not today or tomorrow.
Well I wouldn't say we couldn't see it , its only 180 pips above us , these markets have uncanny abilities of being in some strategic places at times of big news , time does seem to be dwindling down tho . Well elbert3 and all trade safe , got cattle to feed lol good luck all.
  • #411,599
  • Mar 17, 2015 5:02am Mar 17, 2015 5:02am
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buy hit 61% sl on manage looks short thou , if so 5750 5700
  • #411,600
  • Mar 17, 2015 5:04am Mar 17, 2015 5:04am
Quoting digger1
{quote} Well I wouldn't say we couldn't see it , its only 180 pips above us , these markets have uncanny abilities of being in some strategic places at times of big news , time does seem to be dwindling down tho . Well elbert3 and all trade safe , got cattle to feed lol good luck all.
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eur did go up, but where now on mixed news
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