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Cable Update (GBPUSD)

  • #423,141
  • Feb 3, 2016 8:12am Feb 3, 2016 8:12am
Quoting Bones
pay attention to the weekly it dosent matter today is wednesday ,you can look and know for def I don't want to short past open today up 130 pips ,if pull back it will most likely be tomorrow , {image}
Tomorrow is BOE day, make sense to see some pull back before the announcement.
  • #423,142
  • Feb 3, 2016 8:15am Feb 3, 2016 8:15am
Quoting iran_trader
gu move for target 1.4618.... buy gu.. {image}
close gu_40 pip+
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joine me mql5.........
  • #423,143
  • Feb 3, 2016 8:16am Feb 3, 2016 8:16am
It would not surprise me one bit if the GU doesn't stop for days. This rally is still small in comparison to the rallies the last time we had this setup.

Attached Image (click to enlarge)
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"Don't fear a bubble until it starts to burst."
  • #423,144
  • Feb 3, 2016 8:17am Feb 3, 2016 8:17am
this chart is not achieving anything to up side ,push up encourages sell
Attached Image (click to enlarge)
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #423,145
  • Feb 3, 2016 8:33am Feb 3, 2016 8:33am
I should have made a lot more pips today... I was bullish, but the market has been extremely bullish. All caution like worry about profit taking at 1.45 was unwarranted.

The days where you can just buy every damn dip are very rare... I only took a few setups, sheesh!

Even if your trading the right direction, if your out of sync with the strength of the trend... Your not profit maximizing.
"Don't fear a bubble until it starts to burst."
  • #423,146
  • Feb 3, 2016 8:38am Feb 3, 2016 8:38am
Target hit on GBPUSD @ 1.4564 flat now
Attached Image (click to enlarge)
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"W. D. Gann said that time is the most important factor among all things."
  • #423,147
  • Feb 3, 2016 8:41am Feb 3, 2016 8:41am
Quoting meanvel
I should have made a lot more pips today... I was bullish, but the market has been extremely bullish. All caution like worry about profit taking at 1.45 was unwarranted. The days where you can just buy every damn dip are very rare... I only took a few setups, sheesh! Even if your trading the right direction, if your out of sync with the strength of the trend... Your not profit maximizing.
the ability to maximize profit and minimize loss is a great trading skill which comes with many many years of experience. since we will never know the future, we should be happy with what today has given to us and go on.
As Above, So Below
  • #423,148
  • Feb 3, 2016 8:44am Feb 3, 2016 8:44am
Quoting Ll1979
some heavy resistance on the daily {image}
Logical - its amazing how people around here choose numbers i often wonder if they use a hat - 146 etc u know its going to 146.
The daily tells you all you really need to know and you nailed that perfectly.
  • #423,149
  • Feb 3, 2016 8:56am Feb 3, 2016 8:56am
gbp is not the only one working here ,lets be honest its going lower over the next couple weeks
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #423,150
  • Feb 3, 2016 8:58am Feb 3, 2016 8:58am
Pick any number out of a hat in front of a bull market, and it will get hit.
"Don't fear a bubble until it starts to burst."
  • #423,151
  • Feb 3, 2016 9:06am Feb 3, 2016 9:06am
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  • #423,152
  • Feb 3, 2016 9:09am Feb 3, 2016 9:09am
I am lost, WTF is going on.
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  • #423,153
  • Feb 3, 2016 9:12am Feb 3, 2016 9:12am
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watch the line
  • #423,154
  • Feb 3, 2016 9:14am Feb 3, 2016 9:14am
Quoting Darkforce
I am lost, WTF is going on. {image}
BOE is working its magic again, that's crazy
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  • #423,155
  • Feb 3, 2016 9:17am Feb 3, 2016 9:17am
Attached Image (click to enlarge)
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risky one but worth :-)

out 4541
  • #423,156
  • Feb 3, 2016 9:23am Feb 3, 2016 9:23am
Quoting Darkforce
{quote} BOE is working its magic again, that's crazy {image}
sorry buddy were you on the wrong side ,had 2 lose today trying to get in right, should just play it as charted on sunday 161% will it go back 4446 ??
  • #423,157
  • Feb 3, 2016 9:29am Feb 3, 2016 9:29am
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pp 58 it might break down, fail then ext possible
  • #423,158
  • Feb 3, 2016 9:49am Feb 3, 2016 9:49am
Attached Image (click to enlarge)
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watch gbj
  • #423,159
  • Feb 3, 2016 9:53am Feb 3, 2016 9:53am
Quoting elbert3
{quote} sorry buddy were you on the wrong side ,had 2 lose today trying to get in right, should just play it as charted on sunday 161% will it go back 4446 ??
Was taken out shorting 1.45 for 26 pips, but made some pips earlier.
  • #423,160
  • Feb 3, 2016 10:01am Feb 3, 2016 10:01am
Quoting Darkforce
{quote} Was taken out shorting 1.45 for 26 pips, but made some pips earlier.
flipped 62 dt now or ext numbers , if di then back on that same fib ext short on the above chart watch the kick up it is that 5602 number from before
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