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Cable Update (GBPUSD)

  • #416,921
  • Jul 7, 2015 8:02am Jul 7, 2015 8:02am
Quoting Mr. Scott
{quote} Smart man. I had short set up yesterday afternoon that missed so nothing for me. {image}
well lets see , today was the most time spent at the pc for weeks, paid off thou,200 pips up now would be great, just added 1 more order at 5407 , not too sure , hope your hols were good, time goes by quickly . Best regards as ever B,, see you later
  • #416,922
  • Jul 7, 2015 8:05am Jul 7, 2015 8:05am
Quoting elbert3
{quote} Monday morning were you see how much the margin call is, that is for 21 lots, monday it was 470 gbp for 1 lot,,lol crazzzzy or what i had to call the broker to see if it was right , this morning 1 lot margin 35.00 I THINK THEY WERE WORRIED,,LOL
Most Brokers sent e mails to their clients 3 days before Monday that Leverage would be 1:100 on Monday due to the geopolitical situation.
  • #416,923
  • Jul 7, 2015 8:54am Jul 7, 2015 8:54am
Like always , single print and a movement down
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  • #416,924
  • Jul 7, 2015 9:53am Jul 7, 2015 9:53am
gbp index still flat. bomb ready to explode
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  • #416,925
  • Jul 7, 2015 10:14am Jul 7, 2015 10:14am
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  • #416,926
  • Jul 7, 2015 10:39am Jul 7, 2015 10:39am
Price well extended at the low by any intraday measure - beyond Daily S3 and at 166% of the 20 day average pip range. 2 x fibs and top of that former daily swing high area, former resistance turned support at the low.

best wishes.
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it's all gone a bit........
  • #416,927
  • Jul 7, 2015 2:06pm Jul 7, 2015 2:06pm
my exhaustive analysis on cable threw this ...
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Perfecting your entry will increase your profits
  • #416,928
  • Jul 7, 2015 2:32pm Jul 7, 2015 2:32pm
Quoting Deliciouspip
my exhaustive analysis on cable threw this ... {image}
closed +31 pip from head and shoulders pattern
Perfecting your entry will increase your profits
  • #416,929
  • Jul 7, 2015 3:37pm Jul 7, 2015 3:37pm
Scalping London open
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  • #416,930
  • Jul 7, 2015 6:47pm Jul 7, 2015 6:47pm
preparing to buy gu... ;]
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forex... like it, trade it and manage it... get your profit...!!!
  • #416,931
  • Jul 7, 2015 10:47pm Jul 7, 2015 10:47pm
Quoting edyraper
{image}
and
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  • #416,932
  • Jul 8, 2015 1:30am Jul 8, 2015 1:30am
;].........
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forex... like it, trade it and manage it... get your profit...!!!
  • #416,933
  • Jul 8, 2015 2:16am Jul 8, 2015 2:16am
got some pips:
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patience is a virtue
  • #416,934
  • Jul 8, 2015 2:23am Jul 8, 2015 2:23am
d1 see 1.61 - 1.75 fib
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  • #416,935
  • Jul 8, 2015 3:05am Jul 8, 2015 3:05am
Hi, Weekly S2 pivot and 61.8% 5089-5928 / 38.2% 4556-5928 and top 1/2 of a former swing high area on daily at the present daily low....a previous resistance area....various calling bids into 5400 earlier too...finding some support there...Uk govt budget later. daily ascending trend line well and truly broken yesterday....1hr pinbar just printed off the low.

best wishes.
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it's all gone a bit........
  • #416,936
  • Jul 8, 2015 3:06am Jul 8, 2015 3:06am
As of now GBPUSD holding 1.5400 mark support.
A decisive break below might open room for continuing the near-term weakening trend towards its next major support near 1.5250 level.
Would be prudent to close trading long-positions and initiate fresh short positions, should the pair decisively break below 1.5400 mark.
  • #416,937
  • Jul 8, 2015 3:31am Jul 8, 2015 3:31am
support turns to resistance on 1hr

best wishes
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it's all gone a bit........
  • #416,938
  • Jul 8, 2015 3:47am Jul 8, 2015 3:47am
again with some pips:
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patience is a virtue
  • #416,939
  • Jul 8, 2015 3:55am Jul 8, 2015 3:55am
M30
enter Long
Bullish Butterfly & regular divergences +
Buy : 1.5395
Stop loss: - 20 pips
TP : + 50 pips
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And falling's just another way to fly...
  • #416,940
  • Jul 8, 2015 4:35am Jul 8, 2015 4:35am
Did the stops under 5400 provide buy side liquidity for a bounce up from 5390 ? testing again now....that former daily swing hi area extends down to 5365...bids touted at 5380 and 5365 so maybe more demand in it if tested ?

best wishes.
it's all gone a bit........
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