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Cable Update (GBPUSD)

  • #419,281
  • Sep 10, 2015 6:16am Sep 10, 2015 6:16am
Quoting darkforce
{quote} i want to try short against 5440 but current h4 candle close in 47 mins, will get some clue from the close of this candle to decide how to go about it.
took the profit sell back number 5390 , but long order on the top of the move , wanted to get full flag number ,,gl
  • #419,282
  • Sep 10, 2015 6:20am Sep 10, 2015 6:20am
Attached Image (click to enlarge)
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lets see could range a bit inside s/r
  • #419,283
  • Sep 10, 2015 6:24am Sep 10, 2015 6:24am
Quoting elbert3
{image} lets see could range a bit inside s/r
still holding buy from 153 and i have not done anything lol
if they push higher then 154 500 then will close at

150 pips plus some change and then outta here for a few months of real work lol
  • #419,284
  • Sep 10, 2015 6:31am Sep 10, 2015 6:31am
sl's taken time to go home cable
  • #419,285
  • Sep 10, 2015 6:32am Sep 10, 2015 6:32am
Quoting algorerythmn
{quote} still holding buy from 153 and i have not done anything lol if they push higher then 154 500 then will close at 150 pips plus some change and then outta here for a few months of real work lol
got the full long from the middle of that pennant to 544 then sold it to 40 , see now if the week wants it short
  • #419,286
  • Sep 10, 2015 6:34am Sep 10, 2015 6:34am
Quoting Algorerythmn
{quote} still holding buy from 153 and i have not done anything lol if they push higher then 154 500 then will close at 150 pips plus some change and then outta here for a few months of real work lol
Attached Image (click to enlarge)
Click to Enlarge Name: fl.png Size: 44 KB
FULL FLAG,
  • #419,287
  • Sep 10, 2015 6:36am Sep 10, 2015 6:36am
Quoting elbert3
{quote} took the profit sell back number 5390 , but long order on the top of the move , wanted to get full flag number ,,gl
5390 reached
  • #419,288
  • Sep 10, 2015 6:36am Sep 10, 2015 6:36am
Attached Image (click to enlarge)
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needs to stay out
  • #419,289
  • Sep 10, 2015 6:39am Sep 10, 2015 6:39am
Quoting darkforce
{quote} 5390 reached
did you long it , support here , any fails then with that news 5090 would be a target,
Attached Image (click to enlarge)
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  • #419,290
  • Sep 10, 2015 6:43am Sep 10, 2015 6:43am
Quoting darkforce
{quote} 5390 reached
Attached Image (click to enlarge)
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some harps lol,, you can see its last two trend channels hence the flag patterns, looking to stay out, but it could run down short, while still staying out side if you get that ??
  • #419,291
  • Sep 10, 2015 6:45am Sep 10, 2015 6:45am
Quoting elbert3
{quote} {image} some harps lol,, you can see its last two trend channels hence the flag patterns, looking to stay out, but it could run down short, while still staying out side if you get that ??
Attached Image (click to enlarge)
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week see where ti went back to emas watch for cross if it goes up,
Attached Image (click to enlarge)
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  • #419,292
  • Sep 10, 2015 6:47am Sep 10, 2015 6:47am
Quoting elbert3
{quote} {image} some harps lol,, you can see its last two trend channels hence the flag patterns, looking to stay out, but it could run down short, while still staying out side if you get that ??
Yes, it's kind of indecisive as cable is kicked back to the range, kind of like BOE kicking the can around. Effectively that leaves the question to Fed next week.

I guess the real trade for cable now is not trading the break out but rather against top/bottom of some sort of ranges and try to grab more pips.
  • #419,293
  • Sep 10, 2015 8:17am Sep 10, 2015 8:17am
Quoting Darkforce
{quote} Yes, it's kind of indecisive as cable is kicked back to the range, kind of like BOE kicking the can around. Effectively that leaves the question to Fed next week. I guess the real trade for cable now is not trading the break out but rather against top/bottom of some sort of ranges and try to grab more pips.
yes thats the plan thou dont always work, if your in the trend then is a bonus , you get caught if your sl is to tight on the break out,, gone slow now?? 5 pips up, and waiting to jump or add
  • #419,294
  • Sep 10, 2015 9:34am Sep 10, 2015 9:34am
Pending sell @5566 I will enter shorts between 5566-5720 targeting 1.4870~
  • #419,295
  • Sep 10, 2015 9:35am Sep 10, 2015 9:35am
Quoting elbert3
{quote} yes thats the plan thou dont always work, if your in the trend then is a bonus , you get caught if your sl is to tight on the break out,, gone slow now?? 5 pips up, and waiting to jump or add
taking profit gain testing that weekly , load if and when it goes high
  • #419,296
  • Sep 10, 2015 9:35am Sep 10, 2015 9:35am
Interesting to see how it goes from here...
  • #419,297
  • Sep 10, 2015 9:50am Sep 10, 2015 9:50am
Quoting elbert3
{quote} taking profit gain testing that weekly , load if and when it goes high
could be sell back 4030
  • #419,298
  • Sep 10, 2015 10:27am Sep 10, 2015 10:27am
Attached Image (click to enlarge)
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another tl gone come on 4960 is 50% on the day 5570 is 61%
  • #419,299
  • Sep 10, 2015 10:27am Sep 10, 2015 10:27am
I have my TP in at 1.548 - opinions on putting a sell order in there too (roughly) ?
Focus.
  • #419,300
  • Sep 10, 2015 10:29am Sep 10, 2015 10:29am
why lol

Quoting edyraper
Pending sell @5566 I will enter shorts between 5566-5720 targeting 1.4870~
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