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Cable Update (GBPUSD)

  • #416,161
  • Jun 4, 2015 4:43am Jun 4, 2015 4:43am
Nice run this Went in with two and taken one out, leaving this until midday in the hope the news pushes us further up.
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  • #416,162
  • Jun 4, 2015 4:49am Jun 4, 2015 4:49am
Technical-wise after it broke 1.5430 should move further up until 1.5450. Lets see
  • #416,163
  • Jun 4, 2015 4:56am Jun 4, 2015 4:56am
Closed my long positions, now perhaps will try to enter small short position at 1.5470 area. :nerd:
  • #416,164
  • Jun 4, 2015 4:57am Jun 4, 2015 4:57am
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  • #416,165
  • Jun 4, 2015 4:57am Jun 4, 2015 4:57am
Quoting alexpi
{quote} What do I see wrong ? What's personal? Are you mistaking me for someone? I think I stated pretty clearly a few days ago that I expect 1.514 (perhaps more) so all the bulls get trapped before we continue up. We actually have the same opinion in this case. Just making banter now, nothing personal
See there u go again just making Banter if u traded as much as u bantered then perhaps ... ok enough of this - time for a dip in the pool .. now wheres the splash icon ...
  • #416,166
  • Jun 4, 2015 4:58am Jun 4, 2015 4:58am
Quoting Sublevel
Nice run this Went in with two and taken one out, leaving this until midday in the hope the news pushes us further up. {image}
yeh way to go hey ... sell on the horizon

closing this buy on 250 pips... just before the mid day move ...
  • #416,167
  • Jun 4, 2015 5:02am Jun 4, 2015 5:02am
I miss all the trades because i woke up late... OMGosh... this is so pissing off ...
btw i see reversal short trades for GU @ 1.5481 ... will look for it to happen tonight
  • #416,168
  • Jun 4, 2015 5:03am Jun 4, 2015 5:03am
Quoting sakisf
Chop zone here up to 1.5470, breaking of which could make fast moves towards 1.567x-8x. Downside danger for bulls lies again below 1.53. {image}
not a news fan but unemployment stats state side today and nfp looming anythings poss right
  • #416,169
  • Jun 4, 2015 5:09am Jun 4, 2015 5:09am
I may be wrong but I think we have formed a short term top . we are heading back to 1.5170. this move looks pretty wild and lacks fundamentals. gbp following the euro pisses me off. if the euro reverses it will be a wild ride.
  • #416,170
  • Jun 4, 2015 5:54am Jun 4, 2015 5:54am
Quoting DoNUts
{quote} not a news fan but unemployment stats state side today and nfp looming anythings poss right
News today will be non-event with such violent moves already happened (I hope, still holding some NU longs). And I expect tomorrow nfp to be inline. Technicals are more into play this week. GU had no reason to go up nor down, it could have stayed all week at 1.5250-1.53 fundamentally, as per giveachanche above.
  • #416,171
  • Jun 4, 2015 5:54am Jun 4, 2015 5:54am
Hi all,

Been a while since I last posted but now back focussing upon Cable. Nice rejection at R2. No open positions atm but will be interesting to see if it is attacked again after news or continue lower. Opportunities both ways once it settles down.

Rgds,
Angus
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  • #416,172
  • Jun 4, 2015 5:56am Jun 4, 2015 5:56am
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sorry no time wife is home lol this morning chart first,, then look to 4 hour tl
  • #416,173
  • Jun 4, 2015 5:56am Jun 4, 2015 5:56am
Quoting adc
Hi all, Been a while since I last posted but now back focussing upon Cable. Nice rejection at R2. No open positions atm but will be interesting to see if it is attacked again after news or continue lower. Opportunities both ways once it settles down. Rgds, Angus {image}
From past experience with pivots, when GU or AU touch a pivot and reverse on it, they go back and break it like it doesn't exist. That's why I stopped using them.
  • #416,174
  • Jun 4, 2015 5:57am Jun 4, 2015 5:57am
Quoting DoNUts
{quote} Yes but dont they say always start your trading for the month after NFP ... And why is it that only fools and horses work .. lol
why after nfp? haha.. pm me to explain bro
Happiness can't buy you money
  • #416,175
  • Jun 4, 2015 6:00am Jun 4, 2015 6:00am
Quoting sakisf
{quote} From past experience with pivots, when GU or AU touch a pivot and reverse on it, they go back and break it like it doesn't exist. That's why I stopped using them.
Well that's a classic test/reject/retest/break with good opportunities to trade. Moving back for a retest now. I don't trade the rejection but might trade a break. Rgds,
Angus
  • #416,176
  • Jun 4, 2015 6:06am Jun 4, 2015 6:06am
Quoting elbert3
{image}{image}{image} sorry no time wife is home lol this morning chart first,, then look to 4 hour tl
Gotta look after em Elbert - yes darling coming darling .. what am i doing dearest oh just checking emails - trading did u say NO - remember i did promise not too ...
  • #416,177
  • Jun 4, 2015 6:10am Jun 4, 2015 6:10am
time to short or wait
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Stay Foolish , Stay Hungry
  • #416,178
  • Jun 4, 2015 6:32am Jun 4, 2015 6:32am
Quoting elbert3
{image}{image}{image} sorry no time wife is home lol this morning chart first,, then look to 4 hour tl
SOLD at 154 250

Ride the wave on this one

previous trade a buy taken at 152 and closed at 154 250 = 225 pips

Sell time
  • #416,179
  • Jun 4, 2015 6:38am Jun 4, 2015 6:38am
Quoting DoNUts
{quote} SOLD at 154 250 Ride the wave on this one previous trade a buy taken at 152 and closed at 154 250 = 225 pips Sell time
.... 1.54288 ... ... We'll see where she goes.
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Ghost Rider - WWTBMD?
  • #416,180
  • Jun 4, 2015 6:39am Jun 4, 2015 6:39am
Quoting PeterFairchi
{quote} why after nfp? haha.. pm me to explain bro
Just sent u a pm Bro ..
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