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Cable Update (GBPUSD)

  • #416,021
  • Jun 2, 2015 8:22am Jun 2, 2015 8:22am
Quoting elbert3
{quote} o no that why i showed you the numbers i i have hedge hit target but i have 285 and 55 short now ??{image}
To me it's a long til 1.54+ but waiting for the dust to settle to see if I can get some longs lower again @1.5250.
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  • #416,022
  • Jun 2, 2015 8:28am Jun 2, 2015 8:28am
Quoting HareshBM
{quote} Opportunity to initiate fresh short-positions in GBPUSD.
Don't know about shorting here....
  • #416,023
  • Jun 2, 2015 8:29am Jun 2, 2015 8:29am
Quoting sakisf
{quote} To me it's a long til 1.54+ but waiting for the dust to settle to see if I can get some longs lower again @1.5250. {image}
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mmm might have to blow the the first trade it will be wasted , the gain will make the loss ..just see if it is possible
  • #416,024
  • Jun 2, 2015 8:29am Jun 2, 2015 8:29am
only EURUSD short squeeze.
  • #416,025
  • Jun 2, 2015 8:56am Jun 2, 2015 8:56am
GBPUSD turning back on retracement path towards 1.5990 in completing correction (4)
Attached Image (click to enlarge)
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Elliott Wave for optimum entry, exit and risk management of trades
  • #416,026
  • Jun 2, 2015 8:58am Jun 2, 2015 8:58am
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mmmm think before you blink ???
  • #416,027
  • Jun 2, 2015 8:59am Jun 2, 2015 8:59am
Quoting skyhok
GBPUSD turning back on retracement path towards 1.5990 in completing correction (4) {image}
similar to my chart
I like it
we are on the same way
  • #416,028
  • Jun 2, 2015 9:02am Jun 2, 2015 9:02am
Quoting alexpi
{quote} I'm just glad I protected my shorts when I saw the turn at 1.5218.
staying with the trend system lol
  • #416,029
  • Edited 9:15am Jun 2, 2015 9:04am | Edited 9:15am
Quoting DoNUts
{quote} staying with the trend system lol
Not even funny really, considering how many thousands of people burned out their accounts in the last 60 minutes

Trying a short from 1.5331

Edit: Next step is learning how to trade these market turning points as I'm limited to recognizing them and staying out of the way of the runaway train at the moment
  • #416,030
  • Edited 10:05am Jun 2, 2015 9:54am | Edited 10:05am
Notice that

5189 is 50% of 4565-5814
5185 is 23.6% 4565-7191

good confluence and we are bouncing from there.

Whether we can complete a genuine bounce up depends on NFP, but it is perfect as we got to 518x region at start of a NFP week.

My view is that we are bounce up from here to go after 1.6.
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  • #416,031
  • Jun 2, 2015 9:58am Jun 2, 2015 9:58am
Quoting alexpi
{quote} Not even funny really, considering how many thousands of people burned out their accounts in the last 60 minutes Trying a short from 1.5331 Edit: Next step is learning how to trade these market turning points as I'm limited to recognizing them and staying out of the way of the runaway train at the moment
Of course it is funny everyones laughing u know and crying together at the same time LOL - u wanna survive be the fittest or if u wanna friend get a dog ..

Later on Polish Joes gonna join us, we sit around the camp fire get drunk and sing Polish Folk songs togthere - the Bigos of course is optional ..
  • #416,032
  • Jun 2, 2015 10:12am Jun 2, 2015 10:12am
Quoting alexpi
{quote} Not even funny really, considering how many thousands of people burned out their accounts in the last 60 minutes Trying a short from 1.5331 Edit: Next step is learning how to trade these market turning points as I'm limited to recognizing them and staying out of the way of the runaway train at the moment
it smo can say about those who caught LOng over 1.5500 and have written to not to touch the first tp ab = cd
  • #416,033
  • Jun 2, 2015 10:41am Jun 2, 2015 10:41am
the same move after a delay though & still will target at lows at next top.
take care ,
fontu
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #416,034
  • Jun 2, 2015 10:56am Jun 2, 2015 10:56am
Hgher then heading lower for manana ..
Getting ready for a sell which looks to be Aisa Time maybe even double top for UK hand over.

The wires said flash crash today in synch with the Euro - i say bang on 9 am wall st time totally planned
Cool all u gotta do is look for them clues
  • #416,035
  • Jun 2, 2015 11:54am Jun 2, 2015 11:54am
Quoting DoNUts
Hgher then heading lower for manana .. Getting ready for a sell which looks to be Aisa Time maybe even double top for UK hand over. The wires said flash crash today in synch with the Euro - i say bang on 9 am wall st time totally planned Cool all u gotta do is look for them clues
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did not get that right , off at 61% and messed it up 53730 possible retrace its up to something,,
  • #416,036
  • Jun 2, 2015 12:10pm Jun 2, 2015 12:10pm
Quoting elbert3
{quote} {image} did not get that right , off at 61% and messed it up 53730 possible retrace its up to something,,
Tomorrow is pay back time then
  • #416,037
  • Jun 2, 2015 12:25pm Jun 2, 2015 12:25pm
Quoting DoNUts
{quote} Tomorrow is pay back time then
all i will say is candle sticks
????
  • #416,038
  • Jun 2, 2015 12:45pm Jun 2, 2015 12:45pm
power of 5160
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  • #416,039
  • Jun 2, 2015 1:00pm Jun 2, 2015 1:00pm
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  • #416,040
  • Jun 2, 2015 1:57pm Jun 2, 2015 1:57pm
Quoting DoNUts
{quote} Tomorrow is pay back time then
Your confidence at time astonishes me as a trader. Sometimes I wish I could have such high confidence while executing trades and sometimes I consider myself lucky to not do so
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