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Cable Update (GBPUSD)

  • #413,561
  • Apr 17, 2015 3:30am Apr 17, 2015 3:30am
Quoting Idkurv
{quote} What is your view? bearish to 11,000?
Not sure, but looks like a bigger correction for sure. Guys have been longing for to long and when it hits the headlines, every Tom and Harry starts buying ...
Fix up, trade sharp ...
  • #413,562
  • Apr 17, 2015 3:43am Apr 17, 2015 3:43am
Attached Image (click to enlarge)
Click to Enlarge Name: w.png Size: 76 KB
right thats me rushing now 500 pip weekly 450 pip weekly candle,, it depends if they sell it off here so 5006 short sl on 5022..gl see you later
  • #413,563
  • Apr 17, 2015 3:45am Apr 17, 2015 3:45am
Quoting elbert3
{image}right thats me rushing now 500 pip weekly 450 pip weekly candle,, it depends if they sell it off here so 5006 short sl on 5022..gl see you later
Really short?
Attached Image
Fix up, trade sharp ...
  • #413,564
  • Apr 17, 2015 3:47am Apr 17, 2015 3:47am
Why it's moving up even after negative news, can some one explain please....
  • #413,565
  • Apr 17, 2015 3:48am Apr 17, 2015 3:48am
Quoting a16908
Why it's moving up even after negative news, can some one explain please....
There are moments where market strength is too strong in one direction and simply ignores the data, provided the data isn't too extreme.
  • #413,566
  • Apr 17, 2015 3:55am Apr 17, 2015 3:55am
Quoting Vermillion
{quote} There are moments where market strength is too strong in one direction and simply ignores the data, provided the data isn't too extreme.
Thank you dear, but will it come down I have a sell order at 1.48308
  • #413,567
  • Apr 17, 2015 3:58am Apr 17, 2015 3:58am
Quoting a16908
Why it's moving up even after negative news, can some one explain please....
It is not as forecast, but not negative.
  • #413,568
  • Apr 17, 2015 4:02am Apr 17, 2015 4:02am
Wow, nothing like red news to send the pound flying eh

Come with me if you want to live....
  • #413,569
  • Apr 17, 2015 4:05am Apr 17, 2015 4:05am
rEsistance on EUSD 1,0840
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD_H1.gif Size: 203 KB
  • #413,570
  • Apr 17, 2015 4:07am Apr 17, 2015 4:07am
Quoting Idkurv
GN Will this harmonic work..? *I am not taking any position, due to mm. {image}
It does work...my bad not catch this trade..
  • #413,571
  • Apr 17, 2015 4:08am Apr 17, 2015 4:08am
Quoting Ill-b-back
Wow, nothing like red news to send the pound flying eh
Chaos Theory prevails
  • #413,572
  • Apr 17, 2015 4:09am Apr 17, 2015 4:09am
Quoting Hickson
{quote} Really short? {image}
on my phone i will of been sl out but there is 1 more short order at 50300 look at the day chart then 5300 should be the next long target sl is 5040
  • #413,573
  • Apr 17, 2015 4:10am Apr 17, 2015 4:10am
long @ 1.5009 with hedge
Attached Image


after 7 minutes covered @ 1.50287 with 17+ nominal pips
Attached Image
  • #413,574
  • Apr 17, 2015 4:16am Apr 17, 2015 4:16am
short area
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSD_H1.gif Size: 50 KB
Click to Enlarge Name: GBPUSD_H4.gif Size: 45 KB
  • #413,575
  • Apr 17, 2015 4:38am Apr 17, 2015 4:38am
It would be hilarious if we managed to reach around 1.5130; that'd be the 100% retracement/extension from the FOMC spike back in March.

And the sad thing is, I would not be surprised if that DID happen.
  • #413,576
  • Apr 17, 2015 4:40am Apr 17, 2015 4:40am
this weekly candle is really discouraging me from taking a short, regardless i've taken a little short at 5030
  • #413,577
  • Apr 17, 2015 4:48am Apr 17, 2015 4:48am
Typical stop out move.... likely to get sold off 5030 important... 5167 possible later
  • #413,578
  • Apr 17, 2015 5:05am Apr 17, 2015 5:05am
If we get to 23 fib at 5185 area, I'm in short off green clustered hard monthly resistance
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDWeekly.png Size: 28 KB
Click to Enlarge Name: GBPUSDMonthly.png Size: 29 KB
Come with me if you want to live....
  • #413,579
  • Apr 17, 2015 5:18am Apr 17, 2015 5:18am
Quoting elbert3
{quote} on my phone i will of been sl out but there is 1 more short order at 50300 look at the day chart then 5300 should be the next long target sl is 5040
short at 5030 target 5300? lolololol ... you are kidding? Anyway, there are no shorts here for me ...
Fix up, trade sharp ...
  • #413,580
  • Apr 17, 2015 5:35am Apr 17, 2015 5:35am
Quoting SaiLyfee
{quote} Chaos Theory prevails
where can i read about chaos theory?
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