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Cable Update (GBPUSD)

  • #423,741
  • Feb 9, 2016 10:03am Feb 9, 2016 10:03am
145 will do it over here lol
  • #423,742
  • Feb 9, 2016 10:03am Feb 9, 2016 10:03am
it may take a trip back to 1.44 but medium term is bullish. long term bearish still
  • #423,743
  • Feb 9, 2016 10:07am Feb 9, 2016 10:07am
puttin pp on 70 4 hit at the top long order over the top too
  • #423,744
  • Feb 9, 2016 10:09am Feb 9, 2016 10:09am
Quoting elbert3
puttin pp on 70 4 hit at the top long order over the top too
Is that scalping talk as in lingo pp0n 704hit toplong order overtop. Can see there is lots too learn still
Waiting to sell that Euro and
10 pips out on closing pound dollar at 120 pips for the day.
  • #423,745
  • Feb 9, 2016 10:10am Feb 9, 2016 10:10am
Quoting elbert3
puttin pp on 70 4 hit at the top long order over the top too
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sorry i cant do it all aas fast as i would like ,, see the bottom multi hits so we have to think of the top the same ,, watch for 5 pip over drop
  • #423,746
  • Feb 9, 2016 10:20am Feb 9, 2016 10:20am
Quoting meanvel
{quote} I was right, lol... Too bad I only captured 60 pips of it total... That was my reply to someone who asked me about the potential for a 1.4490-1.5 breakout today.
i was going to say that you got out to early but , that would of been interfering in your trade never mind always another ,,regards lett see if te 3 little wicks become support then you might be even more sorry
  • #423,747
  • Feb 9, 2016 10:21am Feb 9, 2016 10:21am
115 pips for the 2 buys left open on Pound Dollar.
Someone kindly asked as they seemed concerned about me if i was having a bad day trading lol if thats a bad day then find me on a good one lol

So now its ..
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  • #423,748
  • Feb 9, 2016 10:23am Feb 9, 2016 10:23am
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just waiting for the bus,,lol 10 ema needs to hit it before the support to kick it up the arse
  • #423,749
  • Feb 9, 2016 10:27am Feb 9, 2016 10:27am
Quoting dean1star
115 pips for the 2 buys left open on Pound Dollar. Someone kindly asked as they seemed concerned about me if i was having a bad day trading lol if thats a bad day then find me on a good one lol So now its .. {image}
me too them lines are working , if it hits my number i will run around ff thread nude lol
lets get ready to rumble
  • #423,750
  • Feb 9, 2016 10:28am Feb 9, 2016 10:28am
Quoting elbert3
{image}just waiting for the bus,,lol 10 ema needs to hit it before the support to kick it up the arse
Then all i can say is will have two sell positions for tomorrow as a scalper lol
  • #423,751
  • Feb 9, 2016 10:30am Feb 9, 2016 10:30am
Quoting elbert3
{quote} me too them lines are working , if it hits my number i will run around ff thread nude lol lets get ready to rumble
Carefull now u know who might want to join you as he seems converted now to trend lines pivots and talking nicely to people instead of at them lol

Tomorrows another day hot shot
  • #423,752
  • Feb 9, 2016 10:33am Feb 9, 2016 10:33am
Quoting dean1star
{quote} Then all i can say is will have two sell positions for tomorrow as a scalper lol
i might not sell this is going to be you this week,, i have not used this for some time lol
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  • #423,753
  • Feb 9, 2016 10:42am Feb 9, 2016 10:42am
remember the day chart before with the white block on it ,,res area to,
  • #423,754
  • Feb 9, 2016 10:49am Feb 9, 2016 10:49am
#GBPUSD it should build up speed now to the upside now that it broke above the arch.... love it when a plan comes together ;-)
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"W. D. Gann said that time is the most important factor among all things."
  • #423,755
  • Feb 9, 2016 11:06am Feb 9, 2016 11:06am
interesting how do you know where to put the arch


Quoting USDollar
#GBPUSD it should build up speed now to the upside now that it broke above the arch.... love it when a plan comes together ;-) {image}
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #423,756
  • Edited 11:23am Feb 9, 2016 11:07am | Edited 11:23am
Quoting meanvel
{quote} I was right, lol... Too bad I only captured 60 pips of it total... That was my reply to someone who asked me about the potential for a 1.4490-1.5 breakout today.
Do you want to be right or make money
I might be wrong , I have been wrong before
  • #423,757
  • Feb 9, 2016 11:15am Feb 9, 2016 11:15am
Quoting Bones
interesting how do you know where to put the arch {quote}
the problem with gbp is it is getting tricky to trade. the best way to trade this now is to keep a 300 pip stop on either side. 50 pip stops are going to get cleaned out easily.
  • #423,758
  • Feb 9, 2016 11:19am Feb 9, 2016 11:19am
Quoting giveachance
{quote} the problem with gbp is it is getting tricky to trade. the best way to trade this now is to keep a 300 pip stop on either side. 50 pip stops are going to get cleaned out easily.
it depends entirely on your way of trading...
  • #423,759
  • Feb 9, 2016 11:28am Feb 9, 2016 11:28am
Quoting Don96
{quote} it depends entirely on your way of trading...
it has got nothing to do with my style of trading. it will take you long to understand the nature of market nowadays. keep a 300 pip stop on gbp in favor of the trend and see how comforting it is to come back and see after 3 days
  • #423,760
  • Feb 9, 2016 11:32am Feb 9, 2016 11:32am
Quoting Bones
interesting how do you know where to put the arch {quote}
The squaring of price with time means an equal number of points up or down, balancing an equal number of time periods- either days, weeks, or months. Gann suggested traders square the range, low prices, and high prices.

WD Gann
"W. D. Gann said that time is the most important factor among all things."
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