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Cable Update (GBPUSD)

  • #414,181
  • Apr 27, 2015 9:44am Apr 27, 2015 9:44am
Quoting elbert3
wake up,, no opinions today ???????? is it going to be a sell off ?????
It was pumped and day is almost over, what can you say ... do not know if it will be a sell off, does not look like that atm ...
Fix up, trade sharp ...
  • #414,182
  • Apr 27, 2015 9:52am Apr 27, 2015 9:52am
~1.5220 then sell off.
  • #414,183
  • Apr 27, 2015 9:55am Apr 27, 2015 9:55am
Quoting elbert3
wake up,, no opinions today ???????? is it going to be a sell off ?????
+ 5 pips from top but ran when it bounced ...
Fix up, trade sharp ...
  • #414,184
  • Apr 27, 2015 10:01am Apr 27, 2015 10:01am
there we go next tl on the chart above
  • #414,185
  • Apr 27, 2015 10:03am Apr 27, 2015 10:03am
Quoting Hickson
{quote} + 5 pips from top but ran when it bounced ...
its always worth that try did you go long on the break too,??
  • #414,186
  • Apr 27, 2015 10:03am Apr 27, 2015 10:03am
Quoting Ill-b-back
I'm thinking down to support then up to resistance {image} {image}
Or maybe not
Come with me if you want to live....
  • #414,187
  • Apr 27, 2015 10:04am Apr 27, 2015 10:04am
Quoting Ill-b-back
Looks like a bearish Shark. Just not sure I trust it {image} {image}
I knew there was something Fishy about that Shark

pardon the pun
Come with me if you want to live....
  • #414,188
  • Apr 27, 2015 10:06am Apr 27, 2015 10:06am
Quoting elbert3
there we go next tl on the chart above
GU M15: Selloff?!?!!? Regards, uncle Drew?!?!?!
Attached Image
Fix up, trade sharp ...
  • #414,189
  • Apr 27, 2015 10:06am Apr 27, 2015 10:06am
and resistance 15220 - 50 ane EUR USD 10900 920
  • #414,190
  • Apr 27, 2015 10:07am Apr 27, 2015 10:07am
Quoting sakisf
~1.5220 then sell off.
5230 next then 5330 fridays chart continued
Attached Image (click to enlarge)
Click to Enlarge Name: 3.png Size: 33 KB
  • #414,191
  • Apr 27, 2015 10:07am Apr 27, 2015 10:07am
Quoting elbert3
{quote} its always worth that try did you go long on the break too,??
No, I think the art is to work more with stops right ... you have momentum of price and can work with small stop?!
Fix up, trade sharp ...
  • #414,192
  • Apr 27, 2015 10:10am Apr 27, 2015 10:10am
Quoting elbert3
{quote} 5230 next then 5330 fridays chart continued {image}
Attached Image (click to enlarge)
Click to Enlarge Name: 4h.png Size: 50 KB
  • #414,193
  • Apr 27, 2015 10:11am Apr 27, 2015 10:11am
Quoting elbert3
{quote} 5230 next then 5330 fridays chart continued {image}
Yeah, a couple more resistances and it could easily go back to 1.54-55. I am glad I am not short yet, maybe a little more up and then I am gonna short for 1:10 RR for 1000 pips down.
  • #414,194
  • Apr 27, 2015 10:12am Apr 27, 2015 10:12am
Quoting Hickson
{quote} No, I think the art is to work more with stops right ... you have momentum of price and can work with small stop?!
if price is next to s/r i try to play it both ways some times you get caught but then you can get away with it,
  • #414,195
  • Apr 27, 2015 10:32am Apr 27, 2015 10:32am
enjoying????
  • #414,196
  • Apr 27, 2015 10:48am Apr 27, 2015 10:48am
Quoting elbert3
{quote} we can and are wrong at times , 4 hour is hanging in there for now, but a few months ago the 4 hour emas for me showed long then dropped , hence my caution ,,{image} for me ema set up yellow 50 ema on the bottom red 20 middle white 10 on the top,, see the red arrow , you can see where it showed long but then dipped into shorts ema set up in reverse , and now it looks like doing the same thing, but her we have for now 100 ema in blue, but we have 10 and 200 ema crossed on top,,, so at this time i trade with caution need the 5 min chart to...
i was not WRONG ''E'' i was right because i was looking at big picture and i was right, but 1.5220 is where i should stop worring about 1.53 my old target i will wait untill election is done and we will start again. so far cable has given me very very nice profit its time to move on to othe pairs,
thank you.
Don't compare your Trades with Others
  • #414,197
  • Apr 27, 2015 10:52am Apr 27, 2015 10:52am
Quoting DubaiFX
{quote} 1.50-51 is most likely and i am long from last dip you can check my previous posts. and i am still Long until i see 1.53 just my trades I CAN BE WRONG. Thank you
as i said a week ago and i we are near to my 1.53 target from 1.49 long but i closed all my positions and now resting we will start again but after election will be done,
its time to move to other pairs for now.
Good Luck to you all,
its time to trade YEN pairs in my Opinion, and EURSEK and GBPSEK looks good to buy because Risk bank will likely be very dovish and it will help weaken the currency and the best pair might be eursek.
just my analysis nothing else guys,
Good Luck to you all..
Don't compare your Trades with Others
  • #414,198
  • Apr 27, 2015 11:02am Apr 27, 2015 11:02am
Quoting elbert3
wake up,, no opinions today ???????? is it going to be a sell off ?????
hi E
can you please help me understand one thing, last week you told me i was wrong about buying Pound and you were selling for 1.47 area, and after a day you were buying and now you are saying Sell off, do you change you direction every day or every 4 hours??
i am just asking bro, i dont understand people who are shifting their analysis in manner of minutes if currency jump and if some was following your trade what about them?? what should they do, i have my analysis at least i am looking at big trend and stick to my analysis so i will not screw up my followers,
anyways good luck bro, just please make sure and think twice before you post anything i see you have followers just think about them.
i hope you will not take this as any kind of disrespect or anything like that.
Hope you will consider it.
thank You.
Don't compare your Trades with Others
  • #414,199
  • Apr 27, 2015 11:29am Apr 27, 2015 11:29am
Quoting DubaiFX
{quote} as i said a week ago and i we are near to my 1.53 target from 1.49 long but i closed all my positions and now resting we will start again but after election will be done, its time to move to other pairs for now. Good Luck to you all, its time to trade YEN pairs in my Opinion, and EURSEK and GBPSEK looks good to buy because Risk bank will likely be very dovish and it will help weaken the currency and the best pair might be eursek. just my analysis nothing else guys, Good Luck to you all..
It's certainly time for some relief in the rally shorted 1.5240 looking for 1.5185 at least
Btw do u trade from dubai?
  • #414,200
  • Apr 27, 2015 11:31am Apr 27, 2015 11:31am
134 pips within the first two hours of trading, learning not to over trade and get over confident. So went gym straight after, called it a day.
Attached Image (click to enlarge)
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