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Cable Update (GBPUSD)

  • #427,261
  • Apr 4, 2016 4:05am Apr 4, 2016 4:05am
165 PIPS up

S/L 1 still @ MAP 1.43556 will be adjusted below previous candle on the daily.
S/L 2 trailing @ 90PIPS

T/P 1 @ 1.40510

EMA 5 is about to cross SMA 8 on the Daily. Momentum D will be adjusted to down if candle closes.

#10 Trade Journal
http://www.forexfactory.com/showthre...06#post8851406
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What's that smell? ---- I smell money!
  • #427,262
  • Apr 4, 2016 4:13am Apr 4, 2016 4:13am
Taken a long at 1.42016

s/l 1.4196

t/p 1.4275
  • #427,263
  • Apr 4, 2016 4:35am Apr 4, 2016 4:35am
Quoting traderblah
Taken a long at 1.42016 s/l 1.4196 t/p 1.4275
s/l b/e
  • #427,264
  • Apr 4, 2016 4:36am Apr 4, 2016 4:36am
i think a few minuts after all currenceies are go down!
One Day U Will Miss me!
  • #427,265
  • Apr 4, 2016 4:51am Apr 4, 2016 4:51am
Quoting traderblah
Taken a long at 1.42016 s/l 1.4196 t/p 1.4275
closed
  • #427,266
  • Apr 4, 2016 4:57am Apr 4, 2016 4:57am
Quoting Dr.Zain
{image} above 1.4330 will be a bullish signal and stability below 1.4255 is negative!! GBPUSD failed to stabilize above 1.4335 in Asian session after hitting SMA20.
Still Bearish!!!!!
  • #427,267
  • Apr 4, 2016 5:57am Apr 4, 2016 5:57am
I'm waiting for an uptick in GBP before selling off. No long positions for me until at least post referendum.

I'd like to see it get to 1.435, but let's see.
  • #427,268
  • Apr 4, 2016 6:04am Apr 4, 2016 6:04am
Cable in April is like the holy grail of seasonal patterns. GBP/USD has gained is April for 11 consecutive years and has only declined once since 2001.

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  • #427,269
  • Apr 4, 2016 6:07am Apr 4, 2016 6:07am
Quoting PatienceFx
Cable in April is like the holy grail of seasonal patterns. GBP/USD has gained is April for 11 consecutive years and has only declined once since 2001. {image}
​twice since 2000 - don't try and change what your looking at to make it sound better - (this isn't intended in a rude way) just the way you have looked it at technically increase the number of times the currency has gained which could reflect on your outlook... if you know what I mean?
  • #427,270
  • Apr 4, 2016 6:07am Apr 4, 2016 6:07am
Still plenty of space to go down.
  • #427,271
  • Apr 4, 2016 6:18am Apr 4, 2016 6:18am
Quoting Don96
{quote} ​twice since 2000 - don't try and change what your looking at to make it sound better - (this isn't intended in a rude way) just the way you have looked it at technically increase the number of times the currency has gained which could reflect on your outlook... if you know what I mean?
all 3 shorts got stopped at be ; my trade logic is based on last week close ; 1.42220 as sl i am holding long now ; good night
  • #427,272
  • Apr 4, 2016 7:00am Apr 4, 2016 7:00am
Quoting traderblah
{quote} closed
nice trade mate
  • #427,273
  • Apr 4, 2016 7:22am Apr 4, 2016 7:22am
next target for gbpusd_buy gbpusd and earn easy 150pip+...
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joine me mql5.........
  • #427,274
  • Apr 4, 2016 7:39am Apr 4, 2016 7:39am
Quoting iran_trader
next target for gbpusd_buy gbpusd and earn easy 150pip+... {image}
I agree. If it breaks above 1.4280 it wil probably reach 1.4430 eventually. I'm disappointed, I thought it would continue falling towards 1.4120.
  • #427,275
  • Apr 4, 2016 7:43am Apr 4, 2016 7:43am
Quoting tunera
another gu image, bouncing on mas. resistance mas become support mas (??? just guessing) {image}
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  • #427,276
  • Apr 4, 2016 7:56am Apr 4, 2016 7:56am
Hello fellow traders, I've been off trading for a week now I have returned. I notice GU is reversing its downtrend today, any news behind this?
Letting losses run is the most serious mistake made by most investors.
  • #427,277
  • Apr 4, 2016 8:06am Apr 4, 2016 8:06am
Quoting PatienceFx
{quote} all 3 shorts got stopped at be ; my trade logic is based on last week close ; 1.42220 as sl i am holding long now ; good night
if it does this then do that, if it does that then go to sleep, if you go to sleep then it does this, if it does this then do that, if it does ................

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  • #427,278
  • Apr 4, 2016 8:11am Apr 4, 2016 8:11am
Still liking the short side. Waiting for a rejection of the 1st or 2nd blue line. Lots of "cleanup" below. We'll see.... Nice volume on the upmove. Need this to catch people going the wrong way and propel the downward action. This is what I'm playing for, unless chart tells me otherwise!!
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  • #427,279
  • Apr 4, 2016 8:47am Apr 4, 2016 8:47am
Testing the line. Need to see clear rejection before resuming short positions...
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  • #427,280
  • Apr 4, 2016 8:59am Apr 4, 2016 8:59am
Testing the line. Need to see clear rejection before resuming short positions
what do you consider clear rejection signals?
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