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Cable Update (GBPUSD)

  • #413,981
  • Apr 24, 2015 12:27am Apr 24, 2015 12:27am
Quoting sakisf
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
Do not risk more than 3% of your account, then you should be fine.
  • #413,982
  • Apr 24, 2015 12:31am Apr 24, 2015 12:31am
short SL 151540
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  • #413,983
  • Apr 24, 2015 12:31am Apr 24, 2015 12:31am
Quoting Idkurv
{quote} Do not risk more than 3% of your account, then you should be fine.
Well it wasn't a big hit, was covered by NU shorts from the highs, just didn't expect that crap to move that high so quick Fall should be the same before the elections I believe.
  • #413,984
  • Apr 24, 2015 12:34am Apr 24, 2015 12:34am
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  • #413,985
  • Apr 24, 2015 12:34am Apr 24, 2015 12:34am
Quoting sakisf
{quote} Well it wasn't a big hit, was covered by NU shorts from the highs, just didn't expect that crap to move that high so quick Fall should be the same before the elections I believe.
There is nothing to worry about then
That is the beauty of proper mm
  • #413,986
  • Apr 24, 2015 12:39am Apr 24, 2015 12:39am
Quoting elbert3
morning dell, lol,,???? 4879 stopped my entry but playing this as careful as i can dont mind 15 pips counter trade until i can get a clear picture so to go longer 4919 is key to close , then 5120 .. mum told me this number ??

lol
  • #413,987
  • Apr 24, 2015 12:41am Apr 24, 2015 12:41am
I am so ****ing over this pair at the moment!
  • #413,988
  • Edited 1:04am Apr 24, 2015 12:45am | Edited 1:04am
152 - daily fib in play 38 retrace - TP 138 which is at weekly supply CP 152!!!!, no one listens sigh, after the news I said retrace the news move then 152 next target supply being taking out demand respected daily broken trend line to the upside , 152 is the number , if holds then I sell with confirmation,,,, mistake 152 is daily cp weekly target if 152 breaks is 153 which is weekly sorry typed it too fast


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  • #413,989
  • Apr 24, 2015 12:55am Apr 24, 2015 12:55am
Quoting TheMadMonk
I am so ****ing over this pair at the moment!
its going to come down hard. and alot. patience and underleveraged small positions unless one has a massive account.
MM will get you thru. BUT yes i understand totally..:nerd:
  • #413,990
  • Apr 24, 2015 1:00am Apr 24, 2015 1:00am
Quoting 2012mysterio
{quote} its going to come down hard. and alot. patience and underleveraged small positions unless one has a massive account. MM will get you thru. BUT yes i understand totally..:nerd:

it has come down hard for 12 months lol
  • #413,991
  • Apr 24, 2015 1:03am Apr 24, 2015 1:03am
target 5213 day tl
  • #413,992
  • Apr 24, 2015 1:04am Apr 24, 2015 1:04am
Eating sell limits now. SL's at 1.5241, TP at 1.45-1.43. Probably will eat the sl first though
  • #413,993
  • Apr 24, 2015 1:09am Apr 24, 2015 1:09am
Weekly Fib 23 retracement TP 118 confirmation 127 - 118 stopped it dead first target to 0 fib, clearly passed that now daily has taken over the fib long, Black knights rules for fibs, not mine, without learning fibs and supply demand I would be lost trying to trade the 1 hr chart, 4 hr daily for me
Attached Image (click to enlarge)
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  • #413,994
  • Apr 24, 2015 1:12am Apr 24, 2015 1:12am
news short r2 SL 1570

Back EUR USD to self-level on which the US ended trading yesterday
  • #413,995
  • Apr 24, 2015 1:19am Apr 24, 2015 1:19am
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 addictive nature or loves...
O Dell sorry to read this you are a good happy chappie,, it reads that you have lost your acc,??? sorry buddy if you have, and it is only money at the end of the day, if,,if you dont need it,, sorry i dont do this for a income, no pressure for me. that makes a difference fear will take hold and you make the wrong move even if you think it is wrong, or right at the time. addictive nature yes it is for me , one time i was going to stop but it gets in your blood even i was threaten from the wife. show me one person here who makes money and either sleeps at night or keeps it. well lets answer that question,, anybody want to chip in ????it was getting to the point where hatred was entering the zone and i dont wish that on anyone​ sorry was that just envy or jealousy and who was you hating i see you mention me ???? on that one ,, you have made you mind up on that,, but look at just yesterdays call and even 5120 over a week ago, i wrote a post yesterday on my chart, how much of that was guess work,you see me get tl to tl most of the time,, how much was guess work.?? i am sorry to see you go,, but dont trade demo and come here and just pass any time away ,, i will be glad to see you,, even if you come back in a new name , i found you last time lets see if we can do it again,,its just a game then,, no lose. best regards Billy and good luck ,
  • #413,996
  • Apr 24, 2015 1:22am Apr 24, 2015 1:22am
Quoting elbert3
{quote} O Dell sorry to read this you are a good happy chappie,, it reads that you have lost your acc,??? sorry buddy if you have, and it is only money at the end of the day, if,,if you dont need it,, sorry i dont do this for a income, no pressure for me. that makes a difference fear will take hold and you make the wrong move even if you think it is wrong, or right at the time. addictive nature yes it is for me , one time i was going to stop but it gets in your blood even i was threaten from the wife. show me one person here who makes money and...
always a bad day when a fellow trader has had enough, sorry to hear that, take a good long break re evaluate and hopefully come back,, I know 2 years ago I had to dig deep relearn all I thought I knew which was not a lot and blew an account in the process, but was not going to let bankers get the best of me, now I just use their tricks against them .........
  • #413,997
  • Apr 24, 2015 1:29am Apr 24, 2015 1:29am
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careful around here look whee the tick is we can see emas 10/20/50 cross giving signs to go long, it did not get to cross 100 in blue or the 200 green,tl is there on top,so take care ,, i would think 5250 ish and a test back to breakout if it happens will be needed to go up to the 200 at 5500 so not a full trend change until the price trades over that 200,
  • #413,998
  • Apr 24, 2015 1:32am Apr 24, 2015 1:32am
I have blown 7-8 accounts in last 2 years. All but one due to GU But since 11/14 I have slowed down and only blown 1. Getting better with the wiring I guess.
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  • #413,999
  • Apr 24, 2015 1:33am Apr 24, 2015 1:33am
EUR USD 10900 10925 pull back gbp usd 10550 565 pull back
  • #414,000
  • Apr 24, 2015 1:35am Apr 24, 2015 1:35am
Quoting elbert3
{image} careful around here look whee the tick is we can see emas 10/20/50 cross giving signs to go long, it did not get to cross 100 in blue or the 200 green,tl is there on top,so take care ,, i would think 5250 ish and a test back to breakout if it happens will be needed to go up to the 200 at 5500 so not a full trend change until the price trades over that 200,
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close up .looks like a nice bounce 50% ABOVE 61% THE 100 AND A TL IS THERE SO STRONG RESISTANCE AROUND THIS AREA ,, SORRY DELL THATS NOT GUESS WORK,
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