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Cable Update (GBPUSD)

  • #414,781
  • May 8, 2015 12:40am May 8, 2015 12:40am
Quoting Mr. Scott
{quote} Hey B, Big day, but I share same chart updated. Be good. {image}
http://www.forexfactory.com/showthre...81#post8238081 wow big day looked last night left it open from 5180 lol big party the weekend i will have the village over,, pool heaters been on a week so wet inside and out,, well done see the post, but as i said we have yet to get to the 200ema on the day and here we are look to buy dip again
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regards
  • #414,782
  • May 8, 2015 12:41am May 8, 2015 12:41am
Quoting goldfinch
Beautiful exit polls, keep buying it, this won't stop. Keep an eye on FTSE and Gilts, the market is loving this, if the Tory's get to 326 this will set the trend for days and weeks to come. Well done Dave, looking forward to the next 5 years as most of the boys down at the Wharf are. 5577 is the next one to watch.
I like your vision on euro and cable my friend, keep on
Chief Member of 220 mph Riders Club...
  • #414,783
  • May 8, 2015 12:58am May 8, 2015 12:58am
I am short on USD and my reasoning is simple.
US economic recent data has been more red then green and NFP more likely to be negative inline with ADP.
We could see USD slipping for some time before it picks up again.Sept is more likely USD bulls take over.
In trading, you have to be defensive and aggressive at the same time
  • #414,784
  • May 8, 2015 2:12am May 8, 2015 2:12am
Quoting elbert3
{quote} http://www.forexfactory.com/showthre...81#post8238081 wow big day looked last night left it open from 5180 lol big party the weekend i will have the village over,, pool heaters been on a week so wet inside and out,, well done see the post, but as i said we have yet to get to the 200ema on the day and here we are look to buy dip again {image}{image} regards
Excellent!
Fix up, trade sharp ...
  • #414,785
  • May 8, 2015 2:24am May 8, 2015 2:24am
Quoting Hickson
{quote} Excellent!
Morning H i hope you were buying the dip said it and done it all week,, , just have to take care now a lot going on 1 hour dt,??together with day 200 touch could be a warning shot , but long over the top to clear that 200 then look fo a cross over and should be strong case to keep buying the dips ,, watch week in case of 10/20 ema cross to,, i will let you konw
  • #414,786
  • May 8, 2015 2:29am May 8, 2015 2:29am
Quoting elbert3
{quote} Morning H i hope you were buying the dip said it and done it all week,, , just have to take care now a lot going on 1 hour dt,??together with day 200 touch could be a warning shot , but long over the top to clear that 200 then look fo a cross over and should be strong case to keep buying the dips ,, watch week in case of 10/20 ema cross to,, i will let you konw
Hi E, I was not trading much, very busy, so mostly watching. Only chance to buy for me last night was 1.5372, but spread was too high for my taste. I think it is better to buy pound for now, just maybe not today though ...
Fix up, trade sharp ...
  • #414,787
  • May 8, 2015 2:48am May 8, 2015 2:48am
Quoting Hickson
{quote} Hi E, I was not trading much, very busy, so mostly watching. Only chance to buy for me last night was 1.5372, but spread was too high for my taste. I think it is better to buy pound for now, just maybe not today though ...
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took a small long here want to get over that blue line for safer to 1.135 ,,
  • #414,788
  • May 8, 2015 2:50am May 8, 2015 2:50am
Quoting elbert3
{quote} {image} took a small long here want to get over that blue line for safer to 1.135 ,,
Yes, I am already long on EU targetting 1250, gotta keep positions small though ...
Fix up, trade sharp ...
  • #414,789
  • May 8, 2015 3:02am May 8, 2015 3:02am
Quoting Hickson
{quote} Yes, I am already long on EU targetting 1250, gotta keep positions small though ...
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need to stay above the 4 hour breakout line above chart, then could see above , but watch for the 4 hour candle close, dont want to see hammer for longs , bought the dip 420 but just come off long on the 4922?? just playing it safe looks like h/s trying to form, but if any final news comes out the it could be big move so i have to keep a sl on any trade now
  • #414,790
  • May 8, 2015 3:06am May 8, 2015 3:06am
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possible bottom tl,, but watch 4 our tl breakout
  • #414,791
  • May 8, 2015 3:07am May 8, 2015 3:07am
Quoting elbert3
{quote} {image} need to stay above the 4 hour breakout line above chart, then could see above , but watch for the 4 hour candle close, dont want to see hammer for longs , bought the dip 420 but just come off long on the 4922?? just playing it safe looks like h/s trying to form, but if any final news comes out the it could be big move so i have to keep a sl on any trade now
I hope you always have one ... that m5 candle of yesterday's evening surely has wiped out many accounts again ...
Fix up, trade sharp ...
  • #414,792
  • May 8, 2015 3:09am May 8, 2015 3:09am
Quoting Hickson
{quote} I hope you always have one ... that m5 candle of yesterday's evening surely has wiped out many accounts again ...
normally no if i sit at pc, but any big news yes ,,
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  • #414,793
  • May 8, 2015 3:12am May 8, 2015 3:12am
Quoting elbert3
{quote} normally no if i sit at pc, but any big news yes ,, {image}
But what if 200 pip spike? You are not that fast with that finger on the mouse lol
Fix up, trade sharp ...
  • #414,794
  • May 8, 2015 3:17am May 8, 2015 3:17am
Quoting Hickson
{quote} But what if 200 pip spike? You are not that fast with that finger on the mouse lol
yes thats round news time,, rear events that we dont always know about then that tough, like if long tp on tl or just leave to open, my target on the day was always the 200, when e cleared the 100 as posted , if it clears 200 then it could go very high
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  • #414,795
  • May 8, 2015 3:19am May 8, 2015 3:19am
Quoting Hickson
{quote} But what if 200 pip spike? You are not that fast with that finger on the mouse lol
all over so buy orders on upstairs in case of your spike target the tl posted
  • #414,796
  • May 8, 2015 3:22am May 8, 2015 3:22am
Quoting elbert3
{quote} all over so buy orders on upstairs in case of your spike target the tl posted
Hm, I am just saying ... if you have a long without sl and a spike like yesterday comes the opposite way ... that's it for your account. Do not want to see you post this here!
Fix up, trade sharp ...
  • #414,797
  • May 8, 2015 3:34am May 8, 2015 3:34am
Quoting Hickson
{quote} Hm, I am just saying ... if you have a long without sl and a spike like yesterday comes the opposite way ... that's it for your account. Do not want to see you post this here!
yeterday if you see post touch 4 hour bottom tl again 3 times so as i said news time ie election sl on,, so yes last light i put the trade on with a sl because 1 i went out for wife time ,so not at pc,, 2 tl, 3 news, 4 was hope and i did not look at the pc till 10.15 last night hope that makes sense .lets hope it will spike to my to then you will know i have picked up a lot of ,,well but i have also set out my thoughts of possible short , you have to look at all and as much as you can, i would like to say i get it right all the time i dont, if i did i would tell all, lol now depends if the big boys think eur, possible referendum , could damage the pound,soon see i think,i wont even be shocked if it spikes down to 5300
  • #414,798
  • May 8, 2015 4:08am May 8, 2015 4:08am
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new candle ??? any opinions
  • #414,799
  • May 8, 2015 4:09am May 8, 2015 4:09am
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  • #414,800
  • May 8, 2015 4:30am May 8, 2015 4:30am
Quoting elbert3
{image}
Maybe small long if it holds ... M5 ...
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Fix up, trade sharp ...
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