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Cable Update (GBPUSD)

  • #426,421
  • Mar 22, 2016 3:55am Mar 22, 2016 3:55am
Quoting 10cents
{quote} Any new findings on GU?
I dont like to long in such market, GU is cutting through each and every possible support with convection! I had a long signal @ 1.4270 and took a very small position to see how things roll out, generally speaking, I'm on the sidelines with the possibility of changing my sentiment to short on GU long term

UCAD is a pair worth looking at, I'm considering a short depending on the hour close
  • #426,422
  • Mar 22, 2016 3:56am Mar 22, 2016 3:56am
Quoting Luzbay
I'm confused. Everything on my charts points lower, but 99% of people in here at the moment are on the 'long' train...?
Vindicated!

Out of the market until a renewed signal appears.
  • #426,423
  • Mar 22, 2016 3:58am Mar 22, 2016 3:58am
I´ve already loaded some shorts. The first one as soon as GBP/USD broke important supports. The second one after pullback on M1 and the third one as soon as M15 support became resistance.

Attached Image (click to enlarge)
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  • #426,424
  • Mar 22, 2016 4:01am Mar 22, 2016 4:01am
Quoting Luzbay
{quote} Vindicated! Out of the market until a renewed signal appears.
That's why you don't listen to what the majority of people say I hope you stuck to your plan ?
  • #426,425
  • Mar 22, 2016 4:04am Mar 22, 2016 4:04am
Quoting fxmasterdxb
{quote} I dont like to long in such market, GU is cutting through each and every possible support with convection! I had a long signal @ 1.4270 and took a very small position to see how things roll out, generally speaking, I'm on the sidelines with the possibility of changing my sentiment to short on GU long term UCAD is a pair worth looking at, I'm considering a short depending on the hour close
Just thought i need to ask, last time round your info helped me got out in time.

I actually in on AU..... still holding my longs from .758 region
Hope AU bulls can defend this region, i got very near to getting stopped out on AU just now Lol

I'm not sure if there is much co-relation between the AU and GU pairs. If AU bulls manage to defend this .758 region, i think GU will be able to find some support.
  • #426,426
  • Mar 22, 2016 4:07am Mar 22, 2016 4:07am
It is my forecast in this week.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 38 KB
  • #426,427
  • Mar 22, 2016 4:09am Mar 22, 2016 4:09am
Quoting Don96
{quote} That's why you don't listen to what the majority of people say I hope you stuck to your plan ?
Yeah, don't even need anything fancy, just trade what you see on your chart!

Attached Image (click to enlarge)
Click to Enlarge Name: 2016-03-22_19-07-48.png Size: 29 KB
It takes a lot for me to IGNORE you, but you can try.
  • #426,428
  • Mar 22, 2016 4:10am Mar 22, 2016 4:10am
Quoting Don96
{quote} That's why you don't listen to what the majority of people say I hope you stuck to your plan ?
Yes I did stick to my plan and, for now, that meant staying out of the market owing to not acting on a previous signal. So, I'll wait for the market to consolidate and the reassess.

Thank you for the words of wisdom and support!
  • #426,429
  • Mar 22, 2016 4:13am Mar 22, 2016 4:13am
Quoting Luzbay
{quote} Yes I did stick to my plan and, for now, that meant staying out of the market owing to not acting on a previous signal. So, I'll wait for the market to consolidate and the reassess. Thank you for the words of wisdom and support!
Hey Luzbay if your stuck drop me a PM and i help you out with a trading plan .. ok
simple daily pips if it helps Luzbay ..

Game on again with pound Dollar - lets go
  • #426,430
  • Mar 22, 2016 4:15am Mar 22, 2016 4:15am
Quoting 10cents
{quote} Just thought i need to ask, last time round your info helped me got out in time. I actually in on AU..... still holding my longs from .758 region Hope AU bulls can defend this region, i got very near to getting stopped out on AU just now Lol I'm not sure if there is much co-relation between the AU and GU pairs. If AU bulls manage to defend this .758 region, i think GU will be able to find some support.
Wish you all the best with your AU position
  • #426,431
  • Mar 22, 2016 4:16am Mar 22, 2016 4:16am
Quoting fxmasterdxb
{quote} I dont like to long in such market, GU is cutting through each and every possible support with convection! I had a long signal @ 1.4270 and took a very small position to see how things roll out, generally speaking, I'm on the sidelines with the possibility of changing my sentiment to short on GU long term UCAD is a pair worth looking at, I'm considering a short depending on the hour close
Out of my small long @ 1.4280, not convinced with pair retracing at all! will look for short signal now.

UCAD position is doing great!, 20 pips in the green so far!
  • #426,432
  • Mar 22, 2016 4:21am Mar 22, 2016 4:21am
Maybe buy now sl at today's low?
Letting losses run is the most serious mistake made by most investors.
  • #426,433
  • Mar 22, 2016 4:26am Mar 22, 2016 4:26am
Quoting amonshi
Maybe buy now sl at today's low?
got in at 142 650 buy
but u gotta make your own mind up if you copy
  • #426,434
  • Mar 22, 2016 4:26am Mar 22, 2016 4:26am
Quoting amonshi
Maybe buy now sl at today's low?
Check if the Pair Crosses very clearly and Loudly 4284 Area!!!!!
  • #426,435
  • Mar 22, 2016 4:26am Mar 22, 2016 4:26am
Positions closed until after the Consumer price index is announced. Lets see what happens.
  • #426,436
  • Mar 22, 2016 4:28am Mar 22, 2016 4:28am
Quoting 10cents
{quote} Just thought i need to ask, last time round your info helped me got out in time. I actually in on AU..... still holding my longs from .758 region Hope AU bulls can defend this region, i got very near to getting stopped out on AU just now Lol I'm not sure if there is much co-relation between the AU and GU pairs. If AU bulls manage to defend this .758 region, i think GU will be able to find some support.
Just a heads up buddy - but your forecasts really are making you look out of place - 146 then 145 and now what 144 - just be carefull as you know how newbies follow forecasters and for the most part long term forecasters dont last long around here just a heads up from a fellow trader - .. green pips OK
  • #426,437
  • Mar 22, 2016 4:28am Mar 22, 2016 4:28am
Quoting RadboneFX
Positions closed until after the Consumer price index is announced. Lets see what happens.
Markets are only beginning to react to breaking events in Brussels!!!!!!!
  • #426,438
  • Mar 22, 2016 4:28am Mar 22, 2016 4:28am
Quoting dean1star
{quote} got in at 142 650 buy but u gotta make your own mind up if you copy
I got in late @ 1.4280. Hope CPI will be good
Letting losses run is the most serious mistake made by most investors.
  • #426,439
  • Mar 22, 2016 4:33am Mar 22, 2016 4:33am
Short 1.4275 with tight stop @ 1.4290

edit: out - 15
  • #426,440
  • Mar 22, 2016 4:35am Mar 22, 2016 4:35am
long 1.42600 tp 1.43300
20 Pips a day keeps centerlink away
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