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Cable Update (GBPUSD)

  • #418,721
  • Aug 26, 2015 5:26am Aug 26, 2015 5:26am
Quoting Dr.Zain
{quote} Buy Seems too early!!!
Totally agree just waiting to catch the up of the next move
the lower they sell the better a buy position can be taken.
  • #418,722
  • Edited 5:42am Aug 26, 2015 5:29am | Edited 5:42am
Quoting Algorerythmn
{quote} Totally agree just waiting to catch the up of the next move the lower they sell the better a buy position can be taken.
The Pair found temp support @5626 but could travels to 5607
Edit: Heading Deep towards South
  • #418,723
  • Aug 26, 2015 5:42am Aug 26, 2015 5:42am
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Attachment
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  • #418,724
  • Aug 26, 2015 5:47am Aug 26, 2015 5:47am
Waiting Buy to Confirm RSI in the zone ..

BUY CONFIRM at 156 300

POSITION TRADE empahsis on POSITION
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  • #418,725
  • Aug 26, 2015 5:56am Aug 26, 2015 5:56am
watch up and then down here on the news
  • #418,726
  • Aug 26, 2015 6:02am Aug 26, 2015 6:02am
you know, each small drop of price is very powerful, today my target is 1.557, but it could travel to 1.554
  • #418,727
  • Aug 26, 2015 6:09am Aug 26, 2015 6:09am
Quoting elbert3
SELL 1.5770 Stake Stop (/) Guaranteed Stop Set Trailing Stop Limit (1.56196/1.59214)P/L 3,150.00 Hedging Margin required for trade: 735.00 GBP in ,,{image} see what support it has from coming up ??
trade done pp on the 5619 squeeeze some more
  • #418,728
  • Edited 7:01am Aug 26, 2015 6:12am | Edited 7:01am
Hi Hick ,yea could be that would allow the down momentum to fade off a bit ,at this point side prevails ,with Q bias up , this could easy be a consolidation candle next on quarterly print
nothing really clean here monthly to define longer term trend at this time


Quoting Hickson
{quote} Hi Bones, it has been a while. Nice chart as usual. Still waiting to place my bets, preferring longs for december rate hike speculations ...
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #418,729
  • Aug 26, 2015 6:18am Aug 26, 2015 6:18am
the candle of M5 closed below my short resistance, so 1.554 shortly
  • #418,730
  • Aug 26, 2015 6:24am Aug 26, 2015 6:24am
Quoting Dr.Zain
{quote} The Pair found temp support @5626 but could travels to 5607 Edit: Heading Deep towards South
hope you playing to the numbers Dr
  • #418,731
  • Aug 26, 2015 6:25am Aug 26, 2015 6:25am
usd is going to new up trend
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  • #418,732
  • Aug 26, 2015 6:52am Aug 26, 2015 6:52am
Quoting elbert3
{image} please fill that
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near perfect inverted flag tp 5578
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5678 ??
  • #418,733
  • Aug 26, 2015 6:54am Aug 26, 2015 6:54am
Quoting richer
you know, each small drop of price is very powerful, today my target is 1.557, but it could travel to 1.554
Urs first target hit
  • #418,734
  • Aug 26, 2015 7:00am Aug 26, 2015 7:00am
gb took 59 candles from this position to the high an 6 to wipe them out,,,this could carry on down,look around here for a pullback ,5545 still looks good , lets see
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  • #418,735
  • Aug 26, 2015 7:03am Aug 26, 2015 7:03am
Quoting elbert3
gb took 59 candles from this position to the high an 6 to wipe them out,,,this could carry on down,look around here for a pullback ,5545 still looks good , lets see {image}
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support to the left if it goes then??? x marks the next
  • #418,736
  • Aug 26, 2015 7:07am Aug 26, 2015 7:07am
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last one for now sorry ,,1 min resistance areas for a look at , with that amount of red candle one could look to short again, news coming up, dont blow the dough ,,,
  • #418,737
  • Aug 26, 2015 7:15am Aug 26, 2015 7:15am
Quoting Dr.Zain
{quote} Urs first target hit
of course my friend, lovely day
  • #418,738
  • Aug 26, 2015 7:20am Aug 26, 2015 7:20am
Quoting elbert3
{quote} {image} near perfect inverted flag tp 5578 {image} 5678 ??
You Got It!!!!
  • #418,739
  • Aug 26, 2015 7:20am Aug 26, 2015 7:20am
Quoting richer
{quote} of course my friend, lovely day
the hard thing now if you have tp,, is where next ??? 1 did i come off to early you can ask yourself, then doubt sets in and you go short again, 2 you go long and kick your self for not carrying on, 3 cal it a day and dont let greed pver trade you ,unles you think your trade plan is right. well done regards E
  • #418,740
  • Aug 26, 2015 7:25am Aug 26, 2015 7:25am
Quoting Dr.Zain
{quote} You Got It!!!!
lol thanks Dr i was dancing around the office with that one,, it shows that they do work out,trying the long off 61%
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thats it on the 1 min
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