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Cable Update (GBPUSD)

  • #413,961
  • Edited 6:32pm Apr 23, 2015 6:18pm | Edited 6:32pm
Quoting Tsar
{quote} My first Chart {image}
Quoting Tsar
{quote} In H4 Chart's. It will be make The THREE MOUNTAINS later

In Memorial.... @ Jan 17, 2010 1:22am # Post 193,653




http://www.forexfactory.com/showthre...56#post3372456
Always looking the GREAT, never left GOOD Point...
  • #413,962
  • Apr 23, 2015 6:50pm Apr 23, 2015 6:50pm
I don't think the pair will keep going up for now. possibly some minor correction south until London session. if Core Durable Goods Orders is in dollar favor, more shooting down will take place...
  • #413,963
  • Apr 23, 2015 7:41pm Apr 23, 2015 7:41pm
Quoting Idkurv
Reload Long Gcad tp 1.838 1.84 1.842 1.846 1.85. will see.
gcad add long at 1.827, tp 1.838 1.84 1.842 1.846 1.85 1.852
will see.
  • #413,964
  • Apr 23, 2015 10:50pm Apr 23, 2015 10:50pm
Quoting Hickson
{quote} wow sorry ... after 7 years and still predicting these moves ... remarkable. I do not think there is someone else in the world capable of that ... night e
Morning, looking at 4 hour price can go 4900 and should still be a buy for me i think, gl today
  • #413,965
  • Apr 23, 2015 11:46pm Apr 23, 2015 11:46pm
Quoting elbert3
{quote} in long at that 5058 and order at 5025 tp where my mother said,, off for the wife gl see you later as were out for dinner ,,regards
that worked out well tp was 76.. long over 5080 now just in case it was just a re test
  • #413,966
  • Apr 23, 2015 11:50pm Apr 23, 2015 11:50pm
Quoting Ill-b-back
Price stalled at retest of monthly breakout line. A retest of 1.4850 area support and daily Breakout line could see the Pound continue towards 1.5185 area strong monthly resistance, 23.6 fib and weekly breakout pattern retest {image} {image} {image}
Utilising the body of that monthly candle, we could also very well be heading back to 5350 area before we see any potential signs of a reversal
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDMonthly.png Size: 34 KB
Come with me if you want to live....
  • #413,967
  • Apr 23, 2015 11:57pm Apr 23, 2015 11:57pm
Quoting Ill-b-back
{quote} Utilising the body of that monthly candle, we could also very well be heading back to 5350 area before we see any potential signs of a reversal {image}
Morning IB, this is what it might look like but it would have to happen next week with 5200 today note the open
Attached Image (click to enlarge)
Click to Enlarge Name: m.png Size: 79 KB
  • #413,968
  • Apr 23, 2015 11:58pm Apr 23, 2015 11:58pm
Sustained break of 1.5100-05 becomes important for the GBPUSD to rally towards 1.5140 and 1.5185
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH4.png Size: 28 KB
  • #413,969
  • Apr 24, 2015 12:01am Apr 24, 2015 12:01am
Attached Image (click to enlarge)
Click to Enlarge Name: 1.png Size: 64 KB
trend line attraction to the pip
Attached Image (click to enlarge)
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  • #413,970
  • Apr 24, 2015 12:01am Apr 24, 2015 12:01am
151 lol well if u dont sell on the news yesterday then it can only be heading one way -
Monkey see
Monkey do
  • #413,971
  • Apr 24, 2015 12:05am Apr 24, 2015 12:05am
Attached Image (click to enlarge)
Click to Enlarge Name: 4h.png Size: 44 KB
have to take care on 78% of a spike in case of drop, high and above possible
  • #413,972
  • Apr 24, 2015 12:07am Apr 24, 2015 12:07am
Quoting elbert3
{quote} Morning, looking at 4 hour price can go 4900 and should still be a buy for me i think, gl today
It is surely a buy for me on retracements ... I spotted that 300 pip long setup this week and bailed at BE ... crazy right? At least caught that 100 pips on GBP/CAD.
Fix up, trade sharp ...
  • #413,973
  • Apr 24, 2015 12:12am Apr 24, 2015 12:12am
Did i miss the news already lol
  • #413,974
  • Apr 24, 2015 12:14am Apr 24, 2015 12:14am
Quoting elbert3
{quote} Morning IB, this is what it might look like but it would have to happen next week with 5200 today note the open {image}
Could do Elbert

Personally, I look for patterns/confluence with Supp/Res/fibs etc.

ABCD at my highlighted 5350 area monthly resistance looks on the cards at a 1hr glance.

Good conflunence with the monthly pattern breakout retest posted earlier.

US news today may do the trick or go a long way towards it.

I'll be surprised if we don't get a significant reaction on the 1hr breakout retest/ABCD around that number
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 30 KB
Click to Enlarge Name: GBPUSDH11.png Size: 28 KB
Come with me if you want to live....
  • #413,975
  • Apr 24, 2015 12:18am Apr 24, 2015 12:18am
Quoting Idkurv
{quote} If I am to Long GU, my tp 1.502 1.505 1.507 1.51 1.512 My 2 cents. Could be wrong.
GU all TP hit
But I did not take the position...
  • #413,976
  • Apr 24, 2015 12:18am Apr 24, 2015 12:18am
Check it out on the 4hr.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH4.png Size: 32 KB
Come with me if you want to live....
  • #413,977
  • Apr 24, 2015 12:21am Apr 24, 2015 12:21am
Quoting Ill-b-back
Check it out on the 4hr. {image}
  • #413,978
  • Apr 24, 2015 12:22am Apr 24, 2015 12:22am
ACCOUNT CLOSED

ave emailed Forex factory to close my account -
Chappies and Chapesses i dont need the money first of and second i dont like to gamble.
Trading is just that these days
a few years ago it was so different but now u just all take ur money in your hand and guess - not even bones can get it right with this daily and weekly stuff - Elbert well u love a good flutter - thank god i dont need the money or i would be like really upset but fellow people show me one person here who does not have an adictive nature or loves to gamble as thasts what it is - LOOK OUT for a Channel 4 doco in 12 months from now u might just be surprised with what u learn -
show me one person here who makes money and either sleeps at night or keeps it.

Every day on this planet is like so special - take it and embrace it - but guys look around you all of you and tell me ur happy - well dont but tell yourself that and mean it - it was getting to the point where hatred was entering the zone and i dont wish that on anyone - and i promise you even u Elbert your not trading ur all just guessing and gambling -

ACCOUNT CLOSED
  • #413,979
  • Apr 24, 2015 12:24am Apr 24, 2015 12:24am
If it doesn't stop at 1.5154(Weekly R1)-1.5164(FOMC), then next target is ~ 1.5210. I have added sell limits from 1.5150-1.5210, targeting 1.44-1.45 for early May. Had to close all yesterdays shorts due to strength, lost about 500 pips in all of them
  • #413,980
  • Apr 24, 2015 12:26am Apr 24, 2015 12:26am
Quoting DerekTrotter
ACCOUNT CLOSED ave emailed Forex factory to close my account - Chappies and Chapesses i dont need the money first of and second i dont like to gamble. Trading is just that these days a few years ago it was so different but now u just all take ur money in your hand and guess - not even bones can get it right with this daily and weekly stuff - Elbert well u love a good flutter - thank god i dont need the money or i would be like really upset but fellow people show me one person here who does not have an adictive nature or loves to gamble as thasts...
You have to take manipulation and other factors in play even when news come completely negative. i.e. since yesterday the theme is that Greece and EU have already agreed terms on a new bailout, which keeps supporting EU & GU up despite their bad news. Soon after today and the Euro meetings and during weekend too, it will just play out that no deal was yet reached and the deadline is end of June, so we will revert to usual EU & GU selling.
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