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Cable Update (GBPUSD)

  • #424,221
  • Feb 16, 2016 8:35am Feb 16, 2016 8:35am
#GBPUSD so far so good, looking for pound to find some sup @ the 2x1 angle
Attached Image (click to enlarge)
Click to Enlarge Name: gbpus 2-16-16.png Size: 45 KB
"W. D. Gann said that time is the most important factor among all things."
  • #424,222
  • Feb 16, 2016 8:44am Feb 16, 2016 8:44am
I really should've opened shorts earlier. Do you guys think it will fall back to 1.4200 again?
  • #424,223
  • Feb 16, 2016 9:21am Feb 16, 2016 9:21am
#GBPUSD Flat @ 1.4280 Love it when a plan comes together :-)
Attached Image (click to enlarge)
Click to Enlarge Name: gbpus 2-16-16.png Size: 45 KB
"W. D. Gann said that time is the most important factor among all things."
  • #424,224
  • Feb 16, 2016 9:31am Feb 16, 2016 9:31am
Quoting dean1star
143 500 could be a strong possibility
Dr. Zain
Then 4284!!!!
  • #424,225
  • Feb 16, 2016 9:43am Feb 16, 2016 9:43am
Cable is testing all kind of support right now... There is a chance that the price action here get's a little choppy. If you're not short, but want to get short, do a double check and make sure it makes sense. The next 24 hours may not be quite as decisive.
Attached Image (click to enlarge)
Click to Enlarge Name: report 02-16-2016 08-40.png Size: 743 KB
When you hit 50, coffee becomes part of a proper modeling pipeline.
  • #424,226
  • Feb 16, 2016 10:09am Feb 16, 2016 10:09am
Quoting Don96
Is this thing going to push through this resistance at around 1.4410 or will it show to be strong again? Closed one short from 1.4470 for 6 pips and opened another at 1.4443 - tp is 1.4415 so I'm hoping it gets there, I wonder if it can get to 1.4325
Well it got to 1.4325 and more haha
  • #424,227
  • Feb 16, 2016 10:15am Feb 16, 2016 10:15am
Quoting Dr.Zain
Quoting dean1star 143 500 could be a strong possibility Dr. Zain Then 4284!!!!
Ah so your saying break 143 as a marker then come back into play - actually your making more sense ( take a few of those short stop losses with you too ) ..
  • #424,228
  • Feb 16, 2016 10:16am Feb 16, 2016 10:16am
Quoting Elinagw
Lesson learnt today is - ignore the noise, stick to the set ups on your chart. Lost some pips but them all back.
well done for getting them pips back ..
  • #424,229
  • Feb 16, 2016 10:16am Feb 16, 2016 10:16am
Quoting Darkforce
{quote} I am making a guess, that since this time market will focus on a March "no hike" from Fed, USD will weaken prior to that meeting, and maybe strengthen after depends on the outcome. This support your technical view. I will looking for range trade if GBPUSD comes down, and focus on breakout if it goes up Let's see what's gonna happen.
Yes, also, the correction so far is maintained mostly above 61.82% retracement level of previous range. If it keeps staying that way, I think the breakout you're after is UP.
Elliott Wave for optimum entry, exit and risk management of trades
  • #424,230
  • Feb 16, 2016 10:21am Feb 16, 2016 10:21am
Quoting Don96
{quote} Well it got to 1.4325 and more haha
143 took the plunge - lol ..
Position trade so expecting some noise in the pool.
  • #424,231
  • Feb 16, 2016 10:25am Feb 16, 2016 10:25am
Quoting TheFxAnalyst
Cable is testing all kind of support right now... There is a chance that the price action here get's a little choppy. If you're not short, but want to get short, do a double check and make sure it makes sense. The next 24 hours may not be quite as decisive. {image}
Nice Outlook as usual ..

Looking to reload buy at 142 500 if we get there ..
1st buy position 143 000
  • #424,232
  • Feb 16, 2016 10:29am Feb 16, 2016 10:29am
Quoting dean1star
{quote} 143 took the plunge - lol .. Position trade so expecting some noise in the pool.
Yeah lol, was a case of free money today on the way down, didn't even need to risk one percent on some, closed some too early but hey see what happens down here now, I have a trend line at around 1.43125 so may see this thing down further, also was about to take GBP.JPY long from the double bottom but thought no need to be greedy
  • #424,233
  • Feb 16, 2016 10:48am Feb 16, 2016 10:48am
Quoting dean1star
{quote} Ah so your saying break 143 as a marker then come back into play - actually your making more sense ( take a few of those short stop losses with you too ) ..
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH8.png Size: 38 KB

So Many times The Pair Targeted 4284!!
  • #424,234
  • Feb 16, 2016 12:28pm Feb 16, 2016 12:28pm
This 1.40 stuff looks a bit old hat
Attached Image (click to enlarge)
Click to Enlarge Name: long_gbp.png Size: 17 KB
  • #424,235
  • Feb 16, 2016 2:56pm Feb 16, 2016 2:56pm
Quoting USDollar
#GBPUSD Flat @ 1.4280 Love it when a plan comes together :-) {image}
great trades
  • #424,236
  • Feb 16, 2016 2:58pm Feb 16, 2016 2:58pm
Quoting dean1star
{quote} Nice Outlook as usual .. Looking to reload buy at 142 500 if we get there .. 1st buy position 143 000
Hi D looks like your nailing the trades .sorry i have been busy not trading but i just had an auto open trade happen , so i will just leave it for now, regards B
  • #424,237
  • Feb 16, 2016 3:09pm Feb 16, 2016 3:09pm
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDDaily.png Size: 24 KB
Come with me if you want to live....
  • #424,238
  • Feb 16, 2016 3:15pm Feb 16, 2016 3:15pm
Quoting Squiggles
I found this idea in my mind and I quite like it {image}
Indeed Sir Squiggles.
My equidistant low point come in around 3350 area though for some reason
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDMonthly.png Size: 22 KB
Come with me if you want to live....
  • #424,239
  • Feb 16, 2016 4:02pm Feb 16, 2016 4:02pm
Quoting elbert3
{quote} Hi D looks like your nailing the trades .sorry i have been busy not trading but i just had an auto open trade happen , so i will just leave it for now, regards B
No worries there Billy the hot seat is always here waiting for your return ..
  • #424,240
  • Feb 16, 2016 4:17pm Feb 16, 2016 4:17pm
Quoting elbert3
{quote} great trades
Thanks Mate!
"W. D. Gann said that time is the most important factor among all things."
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