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Cable Update (GBPUSD)

  • #415,041
  • May 13, 2015 8:24am May 13, 2015 8:24am
Quoting English
The price I gave was hit right on the button. Right before the news, the price failed to close under the last low, and it turned out to be the low of this mini spike back up. Let's see what happens now.
it is like the news events are giving higher sell opportunity , soon see the next low 5600 , or breakout tl over 5700 to take on the top ???
  • #415,042
  • May 13, 2015 8:27am May 13, 2015 8:27am
Quoting English
The price I gave was hit right on the button. Right before the news, the price failed to close under the last low, and it turned out to be the low of this mini spike back up. Let's see what happens now.
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eur break then 200 ema short then 1,1 again but i would say good buyinh like gb even at the low numbers sorry old chart ,
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  • #415,043
  • May 13, 2015 8:32am May 13, 2015 8:32am
i hope this bastard going down more...
target HELL !!
Attached Image
  • #415,044
  • May 13, 2015 8:41am May 13, 2015 8:41am
Quoting elbert3
{image} o what a day ,, next trade ??
you're right I do wrong
  • #415,045
  • May 13, 2015 9:01am May 13, 2015 9:01am
Quoting jjibl
{quote} you're right I do wrong
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s.l ?? sorry ?? i dont know what you mean regards
  • #415,046
  • May 13, 2015 9:10am May 13, 2015 9:10am
  •  turnfx
  • | Joined Dec 2014 | Status: Only money management is the key of | 334 Posts
hey elbert whats ur opinion ? sell , buy or just wait?
  • #415,047
  • May 13, 2015 9:24am May 13, 2015 9:24am
Quoting turnfx
hey elbert whats ur opinion ? sell , buy or just wait?
i just trade crazy like blue line entry before 5687 and just tp 5710 but i have a buy 5721 and i will look back to that blue line or the tl for confirm breakout trend is long now so any counter trades have to be tight sl ,, just incase it does want to go long on you
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  • #415,048
  • May 13, 2015 9:25am May 13, 2015 9:25am
I want to personally short, but this damn pair isnt giving me a reason to short it currently
  • #415,049
  • May 13, 2015 9:32am May 13, 2015 9:32am
Quoting turnfx
hey elbert whats ur opinion ? sell , buy or just wait?
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it is trying not to close 5722, emas are wide this gives a good counter trade to any emas , so you could play break this candle long and your sl or if it jumps up pp is 5722 ,, you see i even think crazy,, lets see what happens
  • #415,050
  • May 13, 2015 9:35am May 13, 2015 9:35am
Quoting Dano12
I keep short on GBP USD, SL 15730 on small profit
In on the short at 1.5712, with you
  • #415,051
  • May 13, 2015 9:36am May 13, 2015 9:36am
Quoting turnfx
hey elbert whats ur opinion ? sell , buy or just wait?
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ther trade was when it was green 714 sl 15 pips at £5 less commision
  • #415,052
  • May 13, 2015 9:38am May 13, 2015 9:38am
Quoting elbert3
{quote} {image} ther trade was when it was green 714 sl 15 pips at 5 less commision
tl touch out ,
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  • #415,053
  • May 13, 2015 9:46am May 13, 2015 9:46am
  •  turnfx
  • | Joined Dec 2014 | Status: Only money management is the key of | 334 Posts
successfull elbert ... what's the next move
  • #415,054
  • May 13, 2015 9:47am May 13, 2015 9:47am
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  • #415,055
  • May 13, 2015 9:49am May 13, 2015 9:49am
Quoting jjibl
Short !! Why?
Price action finally gave way on the 1H, both on GU and GJ. I'm looking for 1.525, as mentioned a few days ago on Dragon thread. Of course, I could be wrong, SL at 1.5755.

Here's the post from 8 May:
"What's your gap? mine's 30 pips. Not trading for now, if we get a solid break 1.55 on GU and a good retracement to 1.525 in the coming days I'll be looking for longs in GU/GJ. If 1.55's the ceiling I'll look for shorts on both pairs from tomorrow, as I hoped to do initially once we got 183.3/1.535. This crazy price action is stopping me for now "
  • #415,056
  • May 13, 2015 9:49am May 13, 2015 9:49am
Quoting elbert3
{image}
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???
  • #415,057
  • May 13, 2015 9:50am May 13, 2015 9:50am
  •  turnfx
  • | Joined Dec 2014 | Status: Only money management is the key of | 334 Posts
unable to catch .................
  • #415,058
  • May 13, 2015 9:54am May 13, 2015 9:54am
Quoting turnfx
successfull elbert ... what's the next move
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last one watch 1 hour candle close now move pp 710 and thats 2 trades 30 pips plus long leave it run
  • #415,059
  • May 13, 2015 10:02am May 13, 2015 10:02am
Quoting turnfx
unable to catch .................
sorry now blue line 722 i took profit as it went over now see if the 1 hour close stays under 722 break was 57209 if the 5 min closes below i might short trade
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  • #415,060
  • May 13, 2015 10:03am May 13, 2015 10:03am
selling cable @1.5735 targeting 1.5450 stop loss @ 1.5767. good risk reward ratio
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