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Cable Update (GBPUSD)

  • #415,161
  • May 14, 2015 11:07pm May 14, 2015 11:07pm
  •  turnfx
  • | Joined Dec 2014 | Status: Only money management is the key of | 334 Posts
well last night it didnt recovery much as EU just 30 pips

in my opinion its going down if it cloud to make 5820 again
  • #415,162
  • May 15, 2015 12:28am May 15, 2015 12:28am
  •  turnfx
  • | Joined Dec 2014 | Status: Only money management is the key of | 334 Posts
hey elbert what do you say ....?
  • #415,163
  • May 15, 2015 12:40am May 15, 2015 12:40am
Quoting turnfx
hey elbert what do you say ....?
i say good morning ,,just had a look eur
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and late last night i have short 5770 gb but as yet 1 hour ema not crossed so i will play it hedge up and down try catch the right move
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  • #415,164
  • May 15, 2015 12:56am May 15, 2015 12:56am
  •  turnfx
  • | Joined Dec 2014 | Status: Only money management is the key of | 334 Posts
me too have sell at 5775 but where to edge 5820 or ???
  • #415,165
  • May 15, 2015 12:56am May 15, 2015 12:56am
Short st 1576xtp 15500
  • #415,166
  • Edited 1:20am May 15, 2015 1:06am | Edited 1:20am
Building shorts from here 5764 all the way to 58-59 which I doubt
Cable burst is empty hollow vase just promise of good times coming, accumulating more debt is not going to create more jobs!!
Conservative euphoria is getting old
Weird as I say this I prefer price to spike higher so I can add more shorts
1.50? why not

Shorts 3x 5763 5764 5767
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In trading, you have to be defensive and aggressive at the same time
  • #415,167
  • May 15, 2015 1:21am May 15, 2015 1:21am
5759 was holding on if it goes it should move a bit
  • #415,168
  • May 15, 2015 1:21am May 15, 2015 1:21am
~6000 today? why not?
Anything is math!
  • #415,169
  • May 15, 2015 1:27am May 15, 2015 1:27am
Quoting Kajos2250
~6000 today? why not?
Hi Kajos
There is no fundemetal reasons for it.Election gains are already priced in..
Guys keep an eye on EG should it hit 7150 start your longs...
In trading, you have to be defensive and aggressive at the same time
  • #415,170
  • May 15, 2015 1:33am May 15, 2015 1:33am
Quoting Davit
{quote} Hi Kajos There is no fundemetal reasons for it.Election gains are already priced in.
I am talking about only technically, fundamental is not my business...
I can not see sign for bears on my TF...
Anything is math!
  • #415,171
  • May 15, 2015 1:36am May 15, 2015 1:36am
Quoting Kajos2250
{quote} I am talking about only technically, fundamental is not my business... I can not see sign for bears on my TF...
That's fine....Line in the chart does not deter Banks unloading their orders.All you see is their footprints.Past results don't mean shit for future outcome.
Drawing TL in past data is useless for future price action.
Real question is ORDER FLOW
Regards
In trading, you have to be defensive and aggressive at the same time
  • #415,172
  • May 15, 2015 1:40am May 15, 2015 1:40am
watch that 5782 if it will test it if it holds then that might be the days high take out yesterdays low then sell past 5755
  • #415,173
  • May 15, 2015 1:42am May 15, 2015 1:42am
Quoting Davit
{quote} That's fine....Line in the chart does not deter Banks unloading their orders.All you see is their footprints.Past results don't mean shit for future outcome. Drawing TL in past data is useless for future price action. Real question is ORDER FLOW Regards
as i see there was only some profit taking for buy deeper again...

Good luck!
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Anything is math!
  • #415,174
  • May 15, 2015 1:50am May 15, 2015 1:50am
5771 short sl 5775 risk 99% lol next pin sl
  • #415,175
  • May 15, 2015 1:53am May 15, 2015 1:53am
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Money moves the market, not an indicator.
  • #415,176
  • May 15, 2015 2:09am May 15, 2015 2:09am
I might be wrong but today's price action hinting that GBP/USD is due for a big fall today. Any guess...?
  • #415,177
  • May 15, 2015 2:11am May 15, 2015 2:11am
Quoting elbert3
5771 short sl 5775 risk 99% lol next pin sl
Hi Albert
Why such tight stops.You are just giving money away to your broker.If I may suggest reduce leverage and position and widen stops.
10-20 pip spikes are very common on GU.4pips is just unreal...
Regards
In trading, you have to be defensive and aggressive at the same time
  • #415,178
  • May 15, 2015 2:12am May 15, 2015 2:12am
there is lot of possibilities between 5660 and 5960

https://charts.mql5.com/7/839/gbpusdc-d1-exness-ltd.png
  • #415,179
  • May 15, 2015 2:18am May 15, 2015 2:18am
Quoting Davit
{quote} Hi Albert Why such tight stops.You are just giving money away to your broker.If I may suggest reduce leverage and position and widen stops. 10-20 pip spikes are very common on GU.4pips is just unreal... Regards
Hi Davit, thanks but dont worry all in hand as before posted watch 5782 that might be todays high regards E all scalp so there cover and hedging too , its tricky lol
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  • #415,180
  • May 15, 2015 2:20am May 15, 2015 2:20am
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watch red lines pp on or tp and sell below
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