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Cable Update (GBPUSD)

  • #415,061
  • May 13, 2015 10:08am May 13, 2015 10:08am
Quoting turnfx
unable to catch .................
572 short order entry sl on top of the last 5 min high
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watch 5704 pp or commission paid asap,, last chart,,
  • #415,062
  • May 13, 2015 10:14am May 13, 2015 10:14am
Quoting turnfx
unable to catch .................
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i could charge for this,, if this comes of,, fuucc me
  • #415,063
  • May 13, 2015 10:24am May 13, 2015 10:24am
selling cable @1.5735 targeting 1.5450 stop loss @ 1.5767. good risk reward ratio
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  • #415,064
  • May 13, 2015 10:40am May 13, 2015 10:40am
Just entered a short as well from 1.5732,, couldnt keep watching anymore.
Short Term Target 1.5480, Mid-Term target 1.5080
  • #415,065
  • May 13, 2015 10:53am May 13, 2015 10:53am
Quoting DubaiFX
{quote} Today i am Switching to GOLD BUYING for just little over 1200 level Bought at 1189 i am not trading Pound only i trade more then 35 Pairs My Friends, and Even Exotic pairs Like, GBPSEK, GBPNOK, EURSEK, EURNOK, so to me GBPAUD, and GBPNZD is easy trades. and some people asked me about EURUSD i know every one thinks of BUYING EURUSD but i am not even close to be Sure, if i were you i will Wait for the Top to hit which might be Friday and then i will start selling EUR, doesn't matter which currency you...
Hello Guys, as i said few days ago about GOLD well today finally it Payed off very well. so from now i am selling gold for 1200 target.
second i know its not GBPNZD thread or GOLD for that matter, but i just thought i should share my View so here it is
IMO it might not be bad idea to sell GBPNZD for now Final Target will be Around 2.04 will wait to hit 2.12 or near again and will sell lets see lets see how it plays, 2.04 is our final target that doesn't mean i am going to wait for it, when i say Sell i mean Selling at top (Mostly In MACD i love it its only indicator i use and it has been working for me from Long Time) and close position when its oversold in Smaller charts and sell again Mostly 1H is Best Chart for me, and i wait for another move hig to sell and will keep doing it Until 2.04XX i will let you know when i will stop Trading this Pair, these are crazy pairs and sometimes moves 300 pips easy, and Fundamentals are there but mostly trading on technical so when i see top i start selling, in my view that is enough NZD is undervalued for now, Fundamentals are not as bad as it seems and besides it weakened on china rate 3 times in 6 months, anyways i am not going to details just wanted to share my analysis,
as i see them.

Thank You.
Good Luck Guys.

someone Once Said, "" When i give You My Time, i'm giving You a Portion of my Life that i will Never get Back.. ""
Don't compare your Trades with Others
  • #415,066
  • May 13, 2015 10:56am May 13, 2015 10:56am
Quoting pipsdotpk
Just entered a short as well from 1.5732,, couldnt keep watching anymore. Short Term Target 1.5480, Mid-Term target 1.5080
5588 still in mind but 5800 still cannot be ruled out entered short here 5750 had a long as said before sl was out it hit my 61% above chart next short is going to be 5815, thats tl hit, so keep 5750 just incase
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  • #415,067
  • May 13, 2015 11:00am May 13, 2015 11:00am
Short order 5750 just got hit
good luck guys
  • #415,068
  • May 13, 2015 11:02am May 13, 2015 11:02am
Quoting elbert3
{quote} 5588 still in mind but 5800 still cannot be ruled out entered short here 5750 had a long as said before sl was out it hit my 61% above chart next short is going to be 5815, thats tl hit, so keep 5750 just incase {image}
Elbert just wanted to ask your opinion on a larger time frame, I mean whats your forecast for cable in a couple of weeks ?
  • #415,069
  • May 13, 2015 11:05am May 13, 2015 11:05am
hit my stop in one go .................... now i don't want to see 1.5610
  • #415,070
  • May 13, 2015 11:05am May 13, 2015 11:05am
news short 15760 sl 80
  • #415,071
  • May 13, 2015 11:25am May 13, 2015 11:25am
Tommorow should be fun
Ppi & unemployment data at lunch time
60 don't look too far now
  • #415,072
  • May 13, 2015 12:31pm May 13, 2015 12:31pm
Quoting pipsdotpk
{quote} Elbert just wanted to ask your opinion on a larger time frame, I mean whats your forecast for cable in a couple of weeks ?
i think it is fullback and long,depending on news rates etc, look to weekly emas now a posted them in the start of the week , i think we will see 6100, be amazed if it went straight there , even 23% on the weekly chart,, fib that tell me what you get 50% then down to 38% 5555 give or take
  • #415,073
  • May 13, 2015 12:35pm May 13, 2015 12:35pm
Quoting Dano12
news short 15760 sl 80
watch 4 hour doji is pos
  • #415,074
  • May 13, 2015 12:45pm May 13, 2015 12:45pm
Quoting elbert3
{quote} watch 4 hour doji is pos
something on EUR USD
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  • #415,075
  • May 13, 2015 12:48pm May 13, 2015 12:48pm
Quoting Dano12
{quote} something on EUR USD {image} {image}
hope to see 5715 ?? yes eur is steep up,, steep half down ?? 1.1288 maybe
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broke its tl might need refuel
  • #415,076
  • May 13, 2015 12:54pm May 13, 2015 12:54pm
Quoting Dano12
{quote} something on EUR USD {image} {image}
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you can see sellers ,wicks on all the move ups ??
  • #415,077
  • May 13, 2015 1:05pm May 13, 2015 1:05pm
gbp looks so good that im afraid to buy any g/x TA trap or mindtrap?
  • #415,078
  • May 13, 2015 3:00pm May 13, 2015 3:00pm
Quoting elbert3
{quote} hope to see 5715 ?? yes eur is steep up,, steep half down ?? 1.1288 maybe{image} broke its tl might need refuel
Hello my friend. I get back home and good ole GU has created a cup and handle. LMAO What an amazing day huh.
Leading by "Being an example" is hard to find then actual examples.
  • #415,079
  • May 13, 2015 3:09pm May 13, 2015 3:09pm
short - SL moved to a small profit
  • #415,080
  • May 13, 2015 4:05pm May 13, 2015 4:05pm
Dear respected senior traders,
Just one question..does the upcoming unemployment claims data of USD at 7:30 today cause GBPUSD to move 60 to 70 pips abruptly or it does not have that much impact and GBPUSD stays stable ?

Just asking and learning
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