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Cable Update (GBPUSD)

  • #423,441
  • Feb 5, 2016 7:38am Feb 5, 2016 7:38am
Question, how often do those wild 50/60pip jump up/down in 3 seconds happen? there was one yesterday too, glad I'm just on a play account just now! (Lesson, create entry orders with stops, always!)

Those are outrageous!
  • #423,442
  • Feb 5, 2016 7:38am Feb 5, 2016 7:38am
Quoting Darkforce
Pretty interesting NFP, headline down but wage up and unemployment rate down, mixed but solid otherwise. I guess since the number doesn't surprise too much, the next step price action could be dragged by 3PM GMT option expiries which Mike on Forexlive pointed out to be GBPUSD 1.4350 (GBP 331m) 1.4500 (668m) 1.4700 (513m) Let's say if 1.45 gets protected by then, and if it does, bounce from 1.45 could provide selling opportunity at good R/R
Sorry to see that you did not trade it
  • #423,443
  • Feb 5, 2016 7:40am Feb 5, 2016 7:40am
Quoting dean1star
{quote} Sorry to see that you did not trade it
I never trade before things like NFP, got burnt before and learn it. Just not worth it, that's just for me though.
  • #423,444
  • Feb 5, 2016 7:50am Feb 5, 2016 7:50am
break of 1.44 or break of 1.46
  • #423,445
  • Feb 5, 2016 7:53am Feb 5, 2016 7:53am
Wow back again took the dog out and left it auto, right in the trade back box, but i hope you guys had a short in there , 589 was the number
  • #423,446
  • Feb 5, 2016 7:53am Feb 5, 2016 7:53am
Quoting Darkforce
Pretty interesting NFP, headline down but wage up and unemployment rate down, mixed but solid otherwise. I guess since the number doesn't surprise too much, the next step price action could be dragged by 3PM GMT option expiries which Mike on Forexlive pointed out to be GBPUSD 1.4350 (GBP 331m) 1.4500 (668m) 1.4700 (513m) Let's say if 1.45 gets protected by then, and if it does, bounce from 1.45 could provide selling opportunity at good R/R
1.45 is being defended.
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  • #423,447
  • Feb 5, 2016 7:57am Feb 5, 2016 7:57am
Quoting Darkforce
{quote} 1.45 is being defended. {image}
current is 1.4479
  • #423,448
  • Feb 5, 2016 7:58am Feb 5, 2016 7:58am
Quoting elbert3
{quote} i have changed from when i posted to bones tha 530 was holding it so i have been scalping, the little move played out well , it is the same move as yesterday go back to the post check ,, and i think it is playing yesterdays fake 61% top but in reverse, if so its going up and should see 5890, but be careful


Sorry about the last 0 typo ,i hope nobody thought it would of been over 1000 pips lol
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another chart for my wall lol
  • #423,449
  • Feb 5, 2016 8:00am Feb 5, 2016 8:00am
Quoting evrynet
{quote} current is 1.4479
Option expiry 3pm GMT, so 1 more hour left
  • #423,450
  • Feb 5, 2016 8:02am Feb 5, 2016 8:02am
Quoting dean1star
80 pips but letting it run on Pound Dollar. Sell now on Euro. {image} {image}
  • #423,451
  • Feb 5, 2016 8:04am Feb 5, 2016 8:04am
Good recovery!
  • #423,452
  • Feb 5, 2016 8:06am Feb 5, 2016 8:06am
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watching around here
  • #423,453
  • Feb 5, 2016 8:08am Feb 5, 2016 8:08am
145 pips closed trade one - target reached.

trade two tbc.

70 pips on Euro will let this run.
  • #423,454
  • Feb 5, 2016 8:12am Feb 5, 2016 8:12am
4647 ?? in 15 min lol edit joking ,, ???but i am long
  • #423,455
  • Feb 5, 2016 8:23am Feb 5, 2016 8:23am
I closed the short from yesterday at 1.4470 as I intended to, but now I'm debating whether to open a new one with target 1.4420.
  • #423,456
  • Feb 5, 2016 8:28am Feb 5, 2016 8:28am
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thats my look watch for fail
  • #423,457
  • Feb 5, 2016 8:57am Feb 5, 2016 8:57am
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lovelllly add here and on the top, sl just below the line
  • #423,458
  • Feb 5, 2016 9:29am Feb 5, 2016 9:29am
my H4 view
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persistence and determination alone are omnipotent
  • #423,459
  • Feb 5, 2016 10:09am Feb 5, 2016 10:09am
Quoting Ll1979
my H4 view {image}
few pips lost on that last one , trying again not sure how good the last res was , could be going short ??
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  • #423,460
  • Feb 5, 2016 10:17am Feb 5, 2016 10:17am
Quoting elbert3
{quote} few pips lost on that last one , trying again not sure how good the last res was , could be going short ??{image}
thinking of scalping long on M1
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persistence and determination alone are omnipotent
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