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Cable Update (GBPUSD)

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  • Post #416,701
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  • Jun 24, 2015 2:57am Jun 24, 2015 2:57am
  •  majorusa
  • | Joined Sep 2008 | Status: Member | 1,217 Posts
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Closed the long 50 pips early.
Small short GU 1.57953
If you're not part of the solution then you're part of the problem.
 
 
  • Post #416,702
  • Quote
  • Jun 24, 2015 3:09am Jun 24, 2015 3:09am
  •  alexpi
  • | Joined Jan 2015 | Status: On Discipline Road | 933 Posts
GBP pump across the board prior to London open... Bait and switch?
 
 
  • Post #416,703
  • Quote
  • Jun 24, 2015 4:22am Jun 24, 2015 4:22am
  •  Dano12
  • Joined Nov 2012 | Status: Member | 5,895 Posts
now wave 4 - negation wave 4
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  • Post #416,704
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  • Jun 24, 2015 4:34am Jun 24, 2015 4:34am
  •  ash1485
  • | Joined Jun 2015 | Status: Member | 111 Posts
shorted at 1.57940
 
 
  • Post #416,705
  • Quote
  • Jun 24, 2015 4:39am Jun 24, 2015 4:39am
  •  pooyan2012
  • | Joined Jun 2013 | Status: Member | 100 Posts
wtf why eu rising
 
 
  • Post #416,706
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  • Jun 24, 2015 5:05am Jun 24, 2015 5:05am
  •  Kajos2250
  • Joined Mar 2012 | Status: Member | 966 Posts
Quoting Kajos2250
Disliked
{quote} GU H4 GMT+2 Fakey long failed on the daily... last limit triggered but there is no valuable signal, correction is running. satisfied previous bullish marubozu, engulfing combo zone. hungry bulls!? Good luck! {image}
Ignored
GU H4 GMT+2

Bullish belt hold arrived on the H4, let it get the 50% entry, .5768 buy limit added...

Good luck!
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Anything is math!
 
 
  • Post #416,707
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  • Jun 24, 2015 5:15am Jun 24, 2015 5:15am
  •  alexpi
  • | Joined Jan 2015 | Status: On Discipline Road | 933 Posts
Quoting alexpi
Disliked
GBP pump across the board prior to London open... Bait and switch?
Ignored
If the new 4H engulfs the previous 4H candle - yes

If not we're done correcting
 
 
  • Post #416,708
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  • Jun 24, 2015 5:46am Jun 24, 2015 5:46am
  •  majorusa
  • | Joined Sep 2008 | Status: Member | 1,217 Posts
Quoting majorusa
Disliked
{image} Small short GU 1.57953
Ignored
Exited GU at 1.5771 +24 pips
Looking for re-entry.
If you're not part of the solution then you're part of the problem.
 
 
  • Post #416,709
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  • Jun 24, 2015 8:03am Jun 24, 2015 8:03am
  •  forexer11
  • | Joined Feb 2013 | Status: Member | 270 Posts
Quoting majorusa
Disliked
{quote} Exited GU at 1.5771 +24 pips Looking for re-entry.
Ignored
done short again
 
 
  • Post #416,710
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  • Jun 24, 2015 8:04am Jun 24, 2015 8:04am
  •  adyson
  • | Joined Jun 2015 | Status: Junior Member | 1 Post
Does Anyone look for a short with targeted profit at 1.617?
 
 
  • Post #416,711
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  • Jun 24, 2015 8:38am Jun 24, 2015 8:38am
  •  Afterburner
  • | Joined Apr 2015 | Status: Member | 24 Posts
less than exciting GDP report, and it just bounces off my 50 fib like its got the plague.
 
 
  • Post #416,712
  • Quote
  • Jun 24, 2015 8:39am Jun 24, 2015 8:39am
  •  Dano12
  • Joined Nov 2012 | Status: Member | 5,895 Posts
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  • Post #416,713
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  • Jun 24, 2015 11:00am Jun 24, 2015 11:00am
  •  ItsAtrap
  • | Joined May 2015 | Status: Member | 400 Posts
Quoting ItsAtrap
Disliked
Bought cable on this second dip to the bottom
Ignored
only got 72 pips at 1/3rd of position and rest got stopped out at B/E. Now flat on this pair
 
 
  • Post #416,714
  • Quote
  • Jun 24, 2015 11:39am Jun 24, 2015 11:39am
  •  pipsdotpk
  • | Joined May 2015 | Status: Member | 55 Posts
Will prolly close my remaining shorts @ 1.55 level. Any advice from you Dano ?
Looking at your recent posted chart, It suggests 1.56 to be a suitable level to offload the shorts.
 
 
  • Post #416,715
  • Quote
  • Jun 24, 2015 11:55am Jun 24, 2015 11:55am
  •  kiyo
  • | Joined Mar 2015 | Status: Member | 69 Posts
I am actually aiming for 1.53 or lower, correspond to gbpjpy together daily chart
 
 
  • Post #416,716
  • Quote
  • Jun 24, 2015 12:02pm Jun 24, 2015 12:02pm
  •  Dano12
  • Joined Nov 2012 | Status: Member | 5,895 Posts
wave 5
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  • Post #416,717
  • Quote
  • Jun 24, 2015 12:31pm Jun 24, 2015 12:31pm
  •  skyhok
  • Joined Feb 2014 | Status: Member | 1,794 Posts
Got a feeling this correction iv may drop below 1.4590 ?, before pushing up to a final top.
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Elliott Wave for optimum entry, exit and risk management of trades
 
 
  • Post #416,718
  • Quote
  • Jun 24, 2015 12:36pm Jun 24, 2015 12:36pm
  •  sakisf
  • Joined Sep 2013 | Status: boreddddd | 3,136 Posts
1.5670 last defence before <1.5610.
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  • Post #416,719
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  • Jun 24, 2015 12:36pm Jun 24, 2015 12:36pm
  •  GrowthHack
  • | Commercial Member | Joined Sep 2014 | 475 Posts
Day chart

Day opened at 1.57369 Day high was 1.58020 now at around 1.5660 its Resistance if break this Resistance today's maximum down 5590
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  • Post #416,720
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  • Jun 24, 2015 1:00pm Jun 24, 2015 1:00pm
  •  claudia1
  • Joined Apr 2013 | Status: Member | 10,175 Posts
Quoting GrowthHack
Disliked
Day chart Day opened at 1.57369 Day high was 1.58020 now at around 1.5660 its Resistance if break this Resistance today's maximum down 5590 {image}
Ignored
It's a support area. Unlikely to fall much more adr hit & London closed.
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