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Cable Update (GBPUSD)

  • #425,661
  • Mar 2, 2016 10:01am Mar 2, 2016 10:01am
Try tomorrow when price is at 141 -- then they think again ..
and you wonder why and how people loose in forex
  • #425,662
  • Mar 2, 2016 10:02am Mar 2, 2016 10:02am
Seriously, straight line up, 157 pips in less than 6 hours?

I hate the slow grinding MA supported move.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDFXFM5.png Size: 39 KB
  • #425,663
  • Mar 2, 2016 10:03am Mar 2, 2016 10:03am
look at eur/gbp ..
  • #425,664
  • Mar 2, 2016 10:06am Mar 2, 2016 10:06am
Quoting mades
look at eur/gbp ..
It is basically GBP strength
  • #425,665
  • Mar 2, 2016 10:10am Mar 2, 2016 10:10am
Quoting dean1star
Try tomorrow when price is at 141 -- then they think again .. and you wonder why and how people loose in forex
For movement like this, I always thought that it is just pushing into a demand zone and drop, but I never get a grasp on how to pick the zone efficiently so that I can make money out of it.
  • #425,666
  • Mar 2, 2016 10:11am Mar 2, 2016 10:11am
I knew when EXPERTS starts yapping after the fact. http://www.forexfactory.com/news.php...29#post8775023 Most likely it reverses. The lies hah hah. Down more they said... Maybe but a retracement for now.
  • #425,667
  • Mar 2, 2016 10:16am Mar 2, 2016 10:16am
This guy got the right idea.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 16 KB
  • #425,668
  • Mar 2, 2016 10:16am Mar 2, 2016 10:16am
First chance to catch up with this thread today. Just as well, by the looks of it - lots of people trying to catch a rising(!) knife!
  • #425,669
  • Mar 2, 2016 10:17am Mar 2, 2016 10:17am
Quoting Luzbay
First chance to catch up with this thread today. Just as well, by the looks of it - lots of people trying to catch a rising(!) knife!
99% of traders do that
  • #425,670
  • Mar 2, 2016 10:25am Mar 2, 2016 10:25am
#GBDUSD so far my long.is working out well
"W. D. Gann said that time is the most important factor among all things."
  • #425,671
  • Mar 2, 2016 10:31am Mar 2, 2016 10:31am
short GU 1.40743 and 626. Let's see what happens here
  • #425,672
  • Mar 2, 2016 10:33am Mar 2, 2016 10:33am
Damit! Today wenrt long on GBPJPY, not complaining, but cable was the better performer!
  • #425,673
  • Mar 2, 2016 10:35am Mar 2, 2016 10:35am
Sell second position trade at 140 510 to match first sell position at 139 670
The scalp earlier on closed on 10 pips profit as it was a scalp so back to positioning again.
  • #425,674
  • Mar 2, 2016 10:37am Mar 2, 2016 10:37am
Quoting lakhan
short GU 1.40743 and 626. Let's see what happens here
Great, i also catch the knife at 1.4078 whats your tp for this short trade
Failure is not failure if you learn from it...
  • #425,675
  • Mar 2, 2016 10:39am Mar 2, 2016 10:39am
Quoting suneth2
{quote} Great, i also catch the knife at 1.4078 whats your tp for this short trade
1.40250 but will close early and move stop to b.e if need be!
  • #425,676
  • Mar 2, 2016 10:50am Mar 2, 2016 10:50am
NY +59pips
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD m1 (03-02-2016 1736).png Size: 38 KB


Alex
  • #425,677
  • Mar 2, 2016 11:00am Mar 2, 2016 11:00am
Quoting alexx90
NY +59pips {image} Alex
nice one
  • #425,678
  • Mar 2, 2016 11:23am Mar 2, 2016 11:23am
Quoting dean1star
{quote} nice one
Hi I been away from the Machine and just opened it and saw very strange move of Pound on negative Fundamentals of 2 consecutive days???
  • #425,679
  • Mar 2, 2016 11:26am Mar 2, 2016 11:26am
Quoting Darkforce
{quote} It is basically GBP strength
Hi I been away from the Machine and just opened it and saw very strange move of Pound on negative Fundamentals of 2 consecutive days???
  • #425,680
  • Mar 2, 2016 11:49am Mar 2, 2016 11:49am
something intetesting going on in gbp?? Just read the adam johnson verdict. 4 to 10 yrs jail. Verdict seems too harsh. But a career is destroyed
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