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Cable Update (GBPUSD)

  • #422,761
  • Jan 29, 2016 4:39am Jan 29, 2016 4:39am
Quoting giveachance
{quote} booked 100 pips.
http://www.forexfactory.com/showthre...378&page=21127 that my bragging page lol
  • #422,762
  • Jan 29, 2016 4:45am Jan 29, 2016 4:45am
By the looks of the forum this morning, no one is expecting lower than forecast US data this afternoon?
  • #422,763
  • Jan 29, 2016 4:47am Jan 29, 2016 4:47am
watching gbj to hit support 171.193 might take that long same as gb
  • #422,764
  • Jan 29, 2016 4:48am Jan 29, 2016 4:48am
Trade cable is a bit scary atm, just look at the huge up and downs, blow off happens all the time.

Plan is to watch the TL, then 1.4237 & 1.4199.

Big trend is still down.
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  • #422,765
  • Jan 29, 2016 4:48am Jan 29, 2016 4:48am
Quoting giveachance
{quote} booked 100 pips.

don't you want to go all the way down?
... I'm not crazy, just Paranoid ...
  • #422,766
  • Jan 29, 2016 4:49am Jan 29, 2016 4:49am
lf for buy
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"I'm not answering stupid questions."
  • #422,767
  • Jan 29, 2016 4:50am Jan 29, 2016 4:50am
Quoting giveachance
{quote} booked 100 pips.
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ring the bell lol
  • #422,768
  • Jan 29, 2016 4:50am Jan 29, 2016 4:50am
Quoting Charith
{quote} don't you want to go all the way down?
I booked some and some more at 1.4285.
  • #422,769
  • Jan 29, 2016 4:51am Jan 29, 2016 4:51am
Next levels 4280 and 4240.
Double the account
  • #422,770
  • Jan 29, 2016 4:53am Jan 29, 2016 4:53am
Quoting Darkforce
Trade cable is a bit scary atm, just look at the huge up and downs, blow off happens all the time. Plan is to watch the TL, then 1.4237 & 1.4199. Big trend is still down. {image}
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morning, some great trades thou, look at the way it went down that 1st touch tl 4247 ?? few more pips till the touch on the 30 min chart posted
  • #422,771
  • Jan 29, 2016 4:56am Jan 29, 2016 4:56am
Quoting elbert3
{quote} {image} morning, some great trades thou, look at the way it went down that 1st touch tl 4247 ?? few more pips till the touch on the 30 min chart posted
Morning E. True, volatility is opportunity, still looking for entry though
  • #422,772
  • Jan 29, 2016 5:05am Jan 29, 2016 5:05am
Oh dear lol missed out on 4% to the very pip - again.
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  • #422,773
  • Jan 29, 2016 5:15am Jan 29, 2016 5:15am
Quoting Darkforce
{quote} Morning E. True, volatility is opportunity, still looking for entry though
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i min double hammer try this to the 30 min resistance break out
  • #422,774
  • Jan 29, 2016 5:18am Jan 29, 2016 5:18am
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last one tl set
  • #422,775
  • Edited 5:39am Jan 29, 2016 5:20am | Edited 5:39am
I'll be honest, I really can't see any fundamental reason for the huge sell off today. It must be a case of market momentum, because I don't see why cable should be weaker today than it was yesterday. I wouldn't be surprised to see it reach 1.44 again today after the US data at 1.30pm GMT.

Just my two cents.
  • #422,776
  • Jan 29, 2016 5:39am Jan 29, 2016 5:39am
Quoting elbert3
{image} last one tl set
I got in short from 1.4330, but quite after this 5 min hammer
Attached Image
  • #422,777
  • Jan 29, 2016 6:16am Jan 29, 2016 6:16am
Quoting Darkforce
{quote} I got in short from 1.4330, but quite after this 5 min hammer {image}
bit of a mess now 4295 i might tp if it bounces again and wait a bit
  • #422,778
  • Jan 29, 2016 6:30am Jan 29, 2016 6:30am
done 4 hour tl
  • #422,779
  • Jan 29, 2016 6:31am Jan 29, 2016 6:31am
Quoting elbert3
{quote} bit of a mess now 4295 i might tp if it bounces again and wait a bit
Yeah, too impatience on this one.
  • #422,780
  • Jan 29, 2016 6:36am Jan 29, 2016 6:36am
Quoting elbert3
done 4 hour tl
TL+1.4284, not sure it will hold since this is the second visit today.
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