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Cable Update (GBPUSD)

  • #412,761
  • Apr 1, 2015 4:10am Apr 1, 2015 4:10am
it must be April Fools day Perhaps .. lol
  • #412,762
  • Apr 1, 2015 4:12am Apr 1, 2015 4:12am
i only adding longs. sl is 4620. my final target is 5100
looking for investors . pm me
  • #412,763
  • Apr 1, 2015 4:13am Apr 1, 2015 4:13am
Quoting elbert3
{quote} should reflect on what you write lol
Yeah. Closed all shorts here, will reload on a visit to 1.4770-80. Only keeping U/Chf longs here targeting 0.98-0.99.
  • #412,764
  • Apr 1, 2015 4:15am Apr 1, 2015 4:15am
i strongly believe that short term lows are in place 18th march and 20th march.............. long term bearish 1.4100 . buying above supports to target 1.5350 makes sense for good risk reward ratio .

https://www.tradingview.com/x/CeiOsJ2d/
  • #412,765
  • Apr 1, 2015 4:20am Apr 1, 2015 4:20am
Quoting sakisf
{quote} Yeah. Closed all shorts here, will reload on a visit to 1.4770-80. Only keeping U/Chf longs here targeting 0.98-0.99.
I think i was toooo focused on breaking out of the 4870 and the 4 hour triangle,, after all the good news from GB , i would not mind if you look at 50 on the 5 min it has a flat top,,
Attached Image (click to enlarge)
Click to Enlarge Name: 5.png Size: 55 KB
and i seen it and still did not take notice,, still after yesterday i can not complain,,
  • #412,766
  • Apr 1, 2015 4:23am Apr 1, 2015 4:23am
Sold at 148 650 this morning no buy yet thats for sure
sometimes u just get lucky ;-)
  • #412,767
  • Apr 1, 2015 4:32am Apr 1, 2015 4:32am
GU has been in a downtrend since last year JULY highs. I just sell the pullbacks..with the trend for now..
looks like further down to come ..
  • #412,768
  • Apr 1, 2015 4:34am Apr 1, 2015 4:34am
Quoting ez0770
{quote} These numbers are actually very solid with new orders growing at fastest pace in 8 months and export demand also strong. From a fundamental point of view this move makes no sense whatsoever
Perhaps good opportunity to fade this move up until 1.4810/15 area with stop below 1.4740
  • #412,769
  • Apr 1, 2015 4:36am Apr 1, 2015 4:36am
Quoting elbert3
{quote} I think i was toooo focused on breaking out of the 4870 and the 4 hour triangle,, after all the good news from GB , i would not mind if you look at 50 on the 5 min it has a flat top,,{image} and i seen it and still did not take notice,, still after yesterday i can not complain,,
It was just a small retrace of previous move down as at that time EG was still a doji on the 4h (was watching it on the mobile). I actually missed the big move down on the 5m as I was out of the office but I had my pending sell stops from before (just below your 1.4816 & slippage) + some underwater shorts from yesterday so it turned out good. Now was a good time to long @1.4750 to 1.4780-90, but longing GU is against my bias.
  • #412,770
  • Apr 1, 2015 4:42am Apr 1, 2015 4:42am
closed on 100 pips - change of mind buy not so far away ..
  • #412,771
  • Apr 1, 2015 4:43am Apr 1, 2015 4:43am
Quoting Spudforex
closed on 100 pips - change of mind buy not so far away ..
well done the come back kid,, tea time now
  • #412,772
  • Apr 1, 2015 4:51am Apr 1, 2015 4:51am
Quoting elbert3
{quote} well done the come back kid,, tea time now
Sometimes u get lucky E ..
updated the system whilst away - so time to play some - crumpets today lol
  • #412,773
  • Apr 1, 2015 4:56am Apr 1, 2015 4:56am
Quoting ez0770
{quote} These numbers are actually very solid with new orders growing at fastest pace in 8 months and export demand also strong. From a fundamental point of view this move makes no sense whatsoever
I agree but it seems mr market has a different idea that's all.
thankfully I am much better with technical chart pictures than funny fundies

Sold 2 orders at 48372 closed 47575
Come with me if you want to live....
  • #412,774
  • Apr 1, 2015 5:05am Apr 1, 2015 5:05am
Doesn't want to recover for higher shorts :/ Despite some good news coming out of UK, fundies are still against GBP in comparison to USD. GU was at these levels when BoE said that strong GBP hurts their economy.
  • #412,775
  • Apr 1, 2015 5:06am Apr 1, 2015 5:06am
needs to break retest for more down
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 34 KB
Come with me if you want to live....
  • #412,776
  • Apr 1, 2015 5:12am Apr 1, 2015 5:12am
Elbert, do I make the grade?

lol...


Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH11.png Size: 30 KB
Come with me if you want to live....
  • #412,777
  • Apr 1, 2015 5:14am Apr 1, 2015 5:14am
Opened a short here. Way too bored to wait for 1.4770-90. SL at 1.4817. TP 1.47, 1:1.
  • #412,778
  • Apr 1, 2015 5:28am Apr 1, 2015 5:28am
BUY at 147 650 ;-)
  • #412,779
  • Apr 1, 2015 5:37am Apr 1, 2015 5:37am
Quoting Ill-b-back
Elbert, do I make the grade? lol... {image}
congrastamondo,,lol i was wondering if you had any trades ,, regards Billy
  • #412,780
  • Apr 1, 2015 5:39am Apr 1, 2015 5:39am
Quoting Spudforex
BUY at 147 650 ;-)
i have load at 4770 to 4793 or as much as i can get
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