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Cable Update (GBPUSD)

  • #412,201
  • Mar 24, 2015 6:53am Mar 24, 2015 6:53am
Touch before break again. Killed previews low by half a pip, meaning it will go below it as soon as orders are gathered.
  • #412,202
  • Mar 24, 2015 7:08am Mar 24, 2015 7:08am
Quoting sakisf
Touch before break again. Killed previews low by half a pip, meaning it will go below it as soon as orders are gathered.

i don't understand what you mean...

why you is it important for you the half a pip break of previous candle h1, when you have a 600 pips move breaking previous swing highs by an average of 150pips? (seen in h4 TF)
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  • #412,203
  • Mar 24, 2015 7:16am Mar 24, 2015 7:16am
I am taking short term positions, 100-200 pips max. most of the time. The FOMC day spike and the 4h ripples I do not take into consideration much as even on the daily it wasn't really that important. A take over of 1.55 in the daily might have moved me after FOMC.
  • #412,204
  • Mar 24, 2015 7:22am Mar 24, 2015 7:22am
Quoting Ck87
jeez again 4894.
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same plan as before ,its tested the support we have a bounce again, tp at the top see where after the news , now watch 4945 for resistance
  • #412,205
  • Mar 24, 2015 7:23am Mar 24, 2015 7:23am
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  • #412,206
  • Mar 24, 2015 7:23am Mar 24, 2015 7:23am
USD important data for the dollar or already know what data will be bankster from london and push UP GBP
  • #412,207
  • Mar 24, 2015 7:26am Mar 24, 2015 7:26am
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4957 watch top of that 5 min doj that took the price down
  • #412,208
  • Mar 24, 2015 7:31am Mar 24, 2015 7:31am
4917 long sl manage
  • #412,209
  • Mar 24, 2015 7:33am Mar 24, 2015 7:33am
Quoting elbert3
4917 long sl manage
lol took that off as soon as 4900
  • #412,210
  • Mar 24, 2015 7:35am Mar 24, 2015 7:35am
Quoting elbert3
4917 long sl manage
no no

red box
  • #412,211
  • Mar 24, 2015 7:35am Mar 24, 2015 7:35am
3rd time at 4894, u gotta be kidding me?
  • #412,212
  • Mar 24, 2015 7:37am Mar 24, 2015 7:37am
Quoting sakisf
I am taking short term positions, 100-200 pips max. most of the time. The FOMC day spike and the 4h ripples I do not take into consideration much as even on the daily it wasn't really that important. A take over of 1.55 in the daily might have moved me after FOMC.

ok trying to understand people's trading activity so to not get confused!

indeed overall still we speak of downtrend in cable and any $ related...

well let's see how mkt will develop today in US session!

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  • #412,213
  • Mar 24, 2015 7:38am Mar 24, 2015 7:38am
Quoting Dano12
{quote}no no red box
lol flat waiting it might go long , i thought it would off shot off i just wasted some by the look of it could of got out with out loss ,not taking that chance , i had no sl on ,
  • #412,214
  • Mar 24, 2015 7:42am Mar 24, 2015 7:42am
I think it's good you closed early. U/Chf down run seems to be coming to an end. Strong support at these levels (0.95-0.9540). If it starts going up from tomorrow on, then the small FOMC runs against USD will be over. (U/chf is my gauge of USD strength). Seeing the stupid PA maybe not

Coming dangerously close to my sl
  • #412,215
  • Mar 24, 2015 7:42am Mar 24, 2015 7:42am
long again there hell bent on it going up i think 5029 pp 55 its going for it push pp up when poss to stop the drop
  • #412,216
  • Mar 24, 2015 7:49am Mar 24, 2015 7:49am
124 pips up and down work that news out
  • #412,217
  • Mar 24, 2015 7:50am Mar 24, 2015 7:50am
Quoting elbert3
124 pips up and down work that news out
GU PA is broken due to EG.
  • #412,218
  • Mar 24, 2015 7:53am Mar 24, 2015 7:53am
took the opportunity to cash higher longs near 4980.

now holding only the lowest one.

btw... crazy moves up-down
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  • #412,219
  • Mar 24, 2015 7:53am Mar 24, 2015 7:53am
Quoting sakisf
{quote} GU PA is broken due to EG.
lets see long again 44
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  • #412,220
  • Mar 24, 2015 7:59am Mar 24, 2015 7:59am
Closed all my longs , took a short 4962 will see where it goes , good luck all
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