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Cable Update (GBPUSD)

  • #425,881
  • Mar 7, 2016 4:58am Mar 7, 2016 4:58am
Quoting lakhan
{quote} Out for -1. Long again 1.4135
Out for +25. £££
  • #425,882
  • Mar 7, 2016 5:02am Mar 7, 2016 5:02am
Quoting lakhan
{quote} Out for +25.
​nice pick on Long, UK range low...? looks like we back down to test NYO
  • #425,883
  • Mar 7, 2016 5:18am Mar 7, 2016 5:18am
#GBPUSD So far short looking good!
Attached Image
"W. D. Gann said that time is the most important factor among all things."
  • #425,884
  • Mar 7, 2016 5:59am Mar 7, 2016 5:59am
Quoting USDollar
#GBPUSD So far short looking good! {image}
What is your target if I may ask?
  • #425,885
  • Mar 7, 2016 6:33am Mar 7, 2016 6:33am
Quoting Don96
{quote} ​nice pick on Long, UK range low...? looks like we back down to test NYO
Monday is always slow. Only go for one pick of the day but will keep checking if anything interests me.
  • #425,886
  • Mar 7, 2016 7:42am Mar 7, 2016 7:42am
Quoting Don96
bottom for today could be in if we get back above 1.41772 and then test daily pivot and London open Not in trades but if your in long 1.4190/1.41772 could be a place to off load st {image}
well here is that test of the London open and Daily pivot... and we went straight through it
  • #425,887
  • Mar 7, 2016 7:48am Mar 7, 2016 7:48am
CLosed long scalp at 35 pips to 000 line
euro still long letting it run
  • #425,888
  • Mar 7, 2016 7:51am Mar 7, 2016 7:51am
Quoting dean1star
CLosed long scalp at 35 pips to 000 line euro still long letting it run
awesome, congrats. overhead resistance @ 4200
  • #425,889
  • Mar 7, 2016 7:56am Mar 7, 2016 7:56am
Quoting asgcorp
{quote} awesome, congrats. overhead resistance @ 4200
thanks - You know ASG scalpings tough but maybes its easier .. end of the day you know where ur at with your pips and profit.
  • #425,890
  • Mar 7, 2016 8:31am Mar 7, 2016 8:31am
Quoting ez0770
{quote} What is your target if I may ask?
1st T 1.4072 / 2nd T 1.4036
"W. D. Gann said that time is the most important factor among all things."
  • #425,891
  • Mar 7, 2016 8:43am Mar 7, 2016 8:43am
Cable test H4 resistance again, if this holds, it will drop
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDFXFH4.png Size: 56 KB
  • #425,892
  • Mar 7, 2016 9:04am Mar 7, 2016 9:04am
holy smokes the move was too fast. not looking for a pullback?
  • #425,893
  • Edited 9:19am Mar 7, 2016 9:09am | Edited 9:19am
Quoting Don96
bottom for today could be in if we get back above 1.41772 and then test daily pivot and London open Not in trades but if your in long 1.4190/1.41772 could be a place to off load st {image}
​Well we got back above those levels and the pivot/open... looking at 1.43178 at least for cable.. not in a trade atm, on sideline... feel like I may have missed this fast train up... NYO held quite nicely down below, EU also didn't move down... move was probably predictable for many

Or 1.4280... see how this goes, wouldn't recommend entering anything now tbh, maybe a potential to scale in some if your long from lower down
  • #425,894
  • Mar 7, 2016 9:21am Mar 7, 2016 9:21am
Quoting Don96
{quote} ​probably predictable for many {image}
predictable yes, but this thing is too fast holy shit, went out, came back it's already shooting for the god damn moon.

now I will be only looking to short sell overbought @ 4380-4440 area. GU definately going for the take down and gap fill.
this thing is nuts!
  • #425,895
  • Mar 7, 2016 9:23am Mar 7, 2016 9:23am
Quoting asgcorp
{quote} predictable yes, but this thing is too fast holy shit, went out, came back it's already shooting for the god damn moon. now I will be only looking to short sell overbought @ 4380-4440 area. GU definately going for the take down and gap fill. this thing is nuts!
yeah watching UJ and EU atm, see how they are performing against USD... IF UJ gets below and stays below 113.425 and NYO we could see other dollar pairs higher still today... still quite a bit to go


momentum slowing at 1.4280.. suspect some profit taking before more up towards 1.43172
Attached Image
  • #425,896
  • Mar 7, 2016 9:37am Mar 7, 2016 9:37am
Getting ready to short pound dollar in the next few hours as a position for sure.
Banged out 122 pips today scalping. Acceptable. Could do better - will do better lol ..

Shorting soon on this pair.
  • #425,897
  • Mar 7, 2016 10:00am Mar 7, 2016 10:00am
Quoting dean1star
Getting ready to short pound dollar in the next few hours as a position for sure. Banged out 122 pips today scalping. Acceptable. Could do better - will do better lol .. Shorting soon on this pair.
your results are great no doubt!
  • #425,898
  • Mar 7, 2016 10:19am Mar 7, 2016 10:19am
Quoting dean1star
Getting ready to short pound dollar in the next few hours as a position for sure. Banged out 122 pips today scalping. Acceptable. Could do better - will do better lol .. Shorting soon on this pair.
nice.. anything in particular your waiting for?
  • #425,899
  • Mar 7, 2016 10:32am Mar 7, 2016 10:32am
Quoting Don96
{quote} nice.. anything in particular your waiting for?
The price mainly for sure its heading north - in ones opinion - but this trade could be a break even trade southwards as a short to re bound north tomorrow with a long or a short from here could potentially head back to 141 500 one trade at a time ..
  • #425,900
  • Mar 7, 2016 10:34am Mar 7, 2016 10:34am
Quoting asgcorp
{quote} your results are great no doubt!
well it moved today right - but its always that question do we aim for target get it and close or aim for higher ..
surprised by the strong move today but we are in march now so to be expected ..
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