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Cable Update (GBPUSD)

  • #426,541
  • Mar 22, 2016 8:55pm Mar 22, 2016 8:55pm
Quoting TraderMonty
Hi there! As per my indicators - GBP/USD strongly broke the important level 1.43453 and currently other supports. There is a clear downward move on all time-frames expect monthly TF. If GBP/USD will make a correction for example to 1.43453 some short trades could be interesting, but still keep in a mind there is a bullish candle on monthly TF... {image}
Hi
From where did you find this chart. Pls advise. I cant find it in my MT4
Thanks
Cham
  • #426,542
  • Mar 22, 2016 9:25pm Mar 22, 2016 9:25pm
Quoting TraderMonty
Hi there! As per my indicators - GBP/USD strongly broke the important level 1.43453 and currently other supports. There is a clear downward move on all time-frames expect monthly TF. If GBP/USD will make a correction for example to 1.43453 some short trades could be interesting, but still keep in a mind there is a bullish candle on monthly TF... {image}
Hi there

Could you tell me how did you add the candle sticks to the MT4 Chart. Pls refer the image
Attached Image (click to enlarge)
Click to Enlarge Name: MT4 Chart.jpg Size: 90 KB
Cham
  • #426,543
  • Mar 22, 2016 10:41pm Mar 22, 2016 10:41pm
Quoting TraderMonty
Hi there! As per my indicators - GBP/USD strongly broke the important level 1.43453 and currently other supports. There is a clear downward move on all time-frames expect monthly TF. If GBP/USD will make a correction for example to 1.43453 some short trades could be interesting, but still keep in a mind there is a bullish candle on monthly TF... {image}
I think 4250 area is a spot to watch, targeting 1.3915
Come with me if you want to live....
  • #426,544
  • Mar 23, 2016 1:58am Mar 23, 2016 1:58am
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.PNG Size: 48 KB
  • #426,545
  • Mar 23, 2016 2:40am Mar 23, 2016 2:40am
looking for a possible entry @ fib 78.6 / monthly pivot / camarilla L3
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 70 KB
persistence and determination alone are omnipotent
  • #426,546
  • Mar 23, 2016 3:41am Mar 23, 2016 3:41am
H4 candle looks decidedly like it will close as a 'rejection' candle. Looking to enter a long if it does.
  • #426,547
  • Mar 23, 2016 3:47am Mar 23, 2016 3:47am
Possible buy setup on gbpusd.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH4.png Size: 21 KB
Buy at the Low, Sell at the High You make money by waiting not by trading.
  • #426,548
  • Mar 23, 2016 4:04am Mar 23, 2016 4:04am
Quoting amonshi
{quote} Hi, can I ask you something? how did u get so many pips in just 1 day? I usually can only get 200 pips/week with less than 10 trades every week ​
just got lucky
try grid lot sizing...
  • #426,549
  • Mar 23, 2016 4:08am Mar 23, 2016 4:08am
The pair seems unstoppable to the down side . I'ill only look to buy from 1.4085 down to 1.4053 until then .
  • #426,550
  • Mar 23, 2016 4:14am Mar 23, 2016 4:14am
waiting for a lower price to take a long -
would like to see lower then position at 141 500 for a buy - let time tell us all
  • #426,551
  • Edited 4:36am Mar 23, 2016 4:26am | Edited 4:36am

Quoting openyoureyes
{quote} just got lucky try grid lot sizing...
Wondering why with grid trading you feel the need to use a repainting TMA band set at 61 - plus numerous other standard indicators - i know grid traders who are successfull - but 2,200 pips hmmmm ... have to think about that one - 500 yeh - 600 red lining the range of the day on a strong day - plus spread costs - if your not licensed then you would need what a 0.2 spread are retailers lucky to get that level of spread - looking at yesterdays range - well .. sorry but not convinced when your chart shows standard free indicators and the arrow indicators alone will catch you out even as a guide - but alas what do i know .. i am just a scalper ..

Oh and add the slippage and the internet lagging for placing trades and the speed of the market - for that kind of profit i wonder how much the loss was for the day - to make that amount?
  • #426,552
  • Mar 23, 2016 4:31am Mar 23, 2016 4:31am
61.8% Fibonacci retracement of 1.4051 -1.4514 at 1.4228. The previous pivot level around 1.4280 also is now an important level for the bulls to overcome to re-engage a recovery. Below $1.4050 would reopens the Bears( hentechfx)
  • #426,553
  • Mar 23, 2016 4:34am Mar 23, 2016 4:34am
http://www.bloomberg.com/live/europe
Boris Johnson on Brexit.
  • #426,554
  • Mar 23, 2016 4:43am Mar 23, 2016 4:43am
Quoting Cham
{quote} Hi there Could you tell me how did you add the candle sticks to the MT4 Chart. Pls refer the image {image}
Hi there! Ive uploaded the important S/R levels indicator here and Time Frames indicator here. Hope it helps
  • #426,555
  • Mar 23, 2016 4:43am Mar 23, 2016 4:43am
Quoting nick.m
http://www.bloomberg.com/live/europe Boris Johnson on Brexit.
May i guess here - he's changed his mind and the pound dollar is just about to up trend 500 pips plus change right
if not then his known opinion should not affect the market - but then who knows hey ..

IF he mentions Brussels and yesterday as Londons Mayor then hey fair play - shame about that but sadly the concensus says generally there will be more untill as a population oversubscribed we will all be begging and running to the establishment to be micro chipped - thats the end game right .. so that way they will know where everyone is lol .. u wanna come in here take a chip - that way we can all be safe ..

We have moved on from the days of Keanu and here - red or blue pill whats ur choice ..now we are in it .. if u copy sure its obvious ..
  • #426,556
  • Mar 23, 2016 4:45am Mar 23, 2016 4:45am
Quoting dean1star
{quote} May i guess here - he's changed his mind and the pound dollar is just about to up trend 500 pips plus change right if not then his known opinion should not affect the market - but then who knows hey ..
He talks about coffin transportantion . Can't believe this guy had a bearish effect on the pound a while back.
  • #426,557
  • Mar 23, 2016 4:52am Mar 23, 2016 4:52am
Quoting Ill-b-back
{quote} I think 4250 area is a spot to watch, targeting 1.3915
We are moving around some short-term S/R levels. I agree that 4250 area is a spot to watch. Also there is the D1 support at 1.4150. However, time frames analysis is pretty mixed now.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD_ecnM15-23032016.png Size: 51 KB
  • #426,558
  • Mar 23, 2016 4:52am Mar 23, 2016 4:52am
Quoting nick.m
{quote} He talks about coffin transportantion . Can't believe this guy had a bearish effect on the pound a while back.
Speechless .. thats just looney tunes ..

still waiting for that long .. getting near ..
  • #426,559
  • Mar 23, 2016 4:58am Mar 23, 2016 4:58am
I Think Gold Still go Down!
and want to touch again low
What about the Gold?
..
and now Look GBPUSD
Amaizing!
One Day U Will Miss me!
  • #426,560
  • Mar 23, 2016 5:04am Mar 23, 2016 5:04am
Quoting dean1star
{quote} Speechless .. thats just looney tunes .. still waiting for that long .. getting near ..
Watching that 1.414x level closely for possible longs. I'm sideways on this pair until it breaks 1.40500.
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