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Cable Update (GBPUSD)

  • #426,041
  • Mar 10, 2016 10:30am Mar 10, 2016 10:30am
Quoting Forexia
{quote} I have moved on from this cable that's going nowhere. After having lost 70 pips and paid about $100 just in commissions, I am done with this currency. It can rot in hell for all I care!! Good luck with your trades! And watch out for the Brexit volatility if and when it happens in June.
hey good luck out there Forexia if you ever find a decent pair to trade then let me know .. still looking - some people say usd - canadian dollar but dont know much about them ..
  • #426,042
  • Mar 10, 2016 10:31am Mar 10, 2016 10:31am
Quoting Dr.Zain
{quote} 4284 looks good support!!!
i think i got in a bit too early but lets see support might be high of asia if it moves lower for a bounce .. 142 300
but todays pretty much a guess as good as any other
  • #426,043
  • Mar 10, 2016 12:15pm Mar 10, 2016 12:15pm
Quoting Dr.Zain
{quote} 4284 looks good support!!!
Renounces again from 4284 after 2 hours!!
  • #426,044
  • Mar 10, 2016 5:40pm Mar 10, 2016 5:40pm
my long term position for cable since 29 feb ....... my tp will be around 148xx ....... it already in zero risk mode and nothing to fear if the price kept on going down ...... good luck all .....
Attached Image (click to enlarge)
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  • #426,045
  • Mar 11, 2016 3:37am Mar 11, 2016 3:37am
What are we saying today, chaps?
  • #426,046
  • Mar 11, 2016 4:03am Mar 11, 2016 4:03am
Quoting Luzbay
What are we saying today, chaps?
Short from 143 - playing a longer game on this move i guess and
closed 90 pips on euro from short on 112 earlier on when it was around the 111 level - sure euros going lower but prefer to bang em and bank em ..

Pound dollar lets see how it plays ..

Target for weekly pips reached .. hows that for a summary lol
  • #426,047
  • Mar 11, 2016 4:12am Mar 11, 2016 4:12am
Great week there Dean. Keep bankin' those pips. I'm up 0.6% this week and planning a change in strategy. Your 2x20pips/day seems to get the job done. As for GU i see it around 1.43500 and looking for 1.44. GL all.
  • #426,048
  • Mar 11, 2016 4:15am Mar 11, 2016 4:15am
Quoting nick.m
Great week there Dean. Keep bankin' those pips. I'm up 0.6% this week and planning a change in strategy. Your 2x20pips/day seems to get the job done. As for GU i see it around 1.43500 and looking for 1.44. GL all.
For sure Nick and sometimes you get lucky when they over play the move .. works for me and i hope for others too ..
  • #426,049
  • Mar 11, 2016 4:20am Mar 11, 2016 4:20am
Quoting dean1star
{quote} Short from 143 - playing a longer game on this move i guess and closed 90 pips on euro from short on 112 earlier on when it was around the 111 level - sure euros going lower but prefer to bang em and bank em .. Pound dollar lets see how it plays .. Target for weekly pips reached .. hows that for a summary lol
Great minds. I'm looking to play the longer term move and I see depreciation in GBP as we get closer to June 23rd, so I'm short at 1.43, too. Looking to hold for a decent period. No set profit level, but will entertain offers above 300 pips - but that will be a moving feast.
  • #426,050
  • Mar 11, 2016 5:22am Mar 11, 2016 5:22am
Attached Image (click to enlarge)
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Gone to a better place
  • #426,051
  • Mar 11, 2016 6:23am Mar 11, 2016 6:23am
I think we are going up, arent we?
Attached Image (click to enlarge)
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  • #426,052
  • Mar 11, 2016 7:00am Mar 11, 2016 7:00am
what about this blue marked level? is it good to long from this level?

https://charts.mql5.com/10/500/gbpus...al-markets.png
  • #426,053
  • Mar 11, 2016 7:01am Mar 11, 2016 7:01am
Quoting Darkforce
I think we are going up, arent we? {image}
​
  • #426,054
  • Mar 11, 2016 7:03am Mar 11, 2016 7:03am
Most likely; but for how long? I can see it is within a weekly S/R zone. So, maybe wait and see?

KP

Quoting Darkforce
I think we are going up, arent we? {image}
Do your homework, follow the footprints of smart money
  • #426,055
  • Mar 11, 2016 7:45am Mar 11, 2016 7:45am
142 500 could be a good place to bounce from ..
  • #426,056
  • Mar 11, 2016 8:12am Mar 11, 2016 8:12am
Yup, I'm currently short @1.43 TP1.4253 and waiting for a bounce long from that level.
  • #426,057
  • Mar 11, 2016 8:54am Mar 11, 2016 8:54am
closed out on a loss on that one 35 pips but its friday so guess its on an up move ..
made the weeks target which is what counts ..
so logically looks like a sell for monday then ..
  • #426,058
  • Mar 11, 2016 8:59am Mar 11, 2016 8:59am
gap closed
persistence and determination alone are omnipotent
  • #426,059
  • Mar 11, 2016 9:13am Mar 11, 2016 9:13am
Quoting Ll1979
gap closed
nice one
  • #426,060
  • Mar 11, 2016 9:29am Mar 11, 2016 9:29am
Quoting dean1star
{quote} nice one

this gap just to be sure
Attached Image (click to enlarge)
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persistence and determination alone are omnipotent
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