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Cable Update (GBPUSD)

  • #427,781
  • Apr 11, 2016 2:37am Apr 11, 2016 2:37am
Clear sell setup
  • #427,782
  • Apr 11, 2016 2:40am Apr 11, 2016 2:40am
Pending Sell @1.4086
SL 50 Pips
TP 175 Pips
If you like my post throw me a Doge: D9eyP5TFYGDaN1JpjyU4jaU9ypg2wUk8Zp
  • #427,783
  • Apr 11, 2016 2:46am Apr 11, 2016 2:46am
whats wrong with 1.4106 ?????
  • #427,784
  • Apr 11, 2016 2:59am Apr 11, 2016 2:59am
Quoting skyrocket
Clear sell setup
nothing is cast in stone bro.
  • #427,785
  • Apr 11, 2016 3:04am Apr 11, 2016 3:04am
Quoting PatienceFx
{quote} h1 condom is holding she is forcing cable to meet his mother in law i am long cable from 1.41243 {image}
absolutely no comments needed on the result.
  • #427,786
  • Apr 11, 2016 3:10am Apr 11, 2016 3:10am
Quoting asgcorp
here we go to drive price into 4180 post LO
YOU ARE RIGHT AFTER London open GBP NOW IS 1.4181
  • #427,787
  • Apr 11, 2016 3:13am Apr 11, 2016 3:13am
Quoting skyrocket
Clear sell setup
No offense, but a little levity is good for the soul.........
Attached Image (click to enlarge)
Click to Enlarge Name: pound.png Size: 39 KB
Pride always comes before destruction.... -Proverbs 16:18
  • #427,788
  • Apr 11, 2016 3:16am Apr 11, 2016 3:16am
nice momentum
What's that smell? ---- I smell money!
  • #427,789
  • Apr 11, 2016 3:16am Apr 11, 2016 3:16am
short entry 1.4223

Quoting PatienceFx
{quote} but if her excitement rages and cable moves above 4124 then she can bounce cable t;o meet his mother in law [ daily 20 ma ] at 4225 entirely depending on how mother in law reacts cable might either go up or get thrashed to hell {quote} here the condom [ h1 rsi 14, 50 level ] decides if the excitement continues or breaks naturally she looses interest and cable drops to 4050 or lower
my post 6 hours ago went true to the letter.

love it

Quoting PatienceFx
short entry 1.4223 {quote} my post 6 hours ago went true to the letter. love it
from here cable should drop to h4 10 sma or h1 10 sma whichever reaches price first
  • #427,790
  • Apr 11, 2016 3:20am Apr 11, 2016 3:20am
Wow, GBP is pretty strong now! I think that there is not much that could stop it in the moment. But there was also a pretty good opportunity at EUR/GBP as GBP/USD went strongly UP and EUR/USD went down.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD_ecnM30.png Size: 40 KB
  • #427,791
  • Apr 11, 2016 3:31am Apr 11, 2016 3:31am
I opened BUY at GBP/USD and letīs see how it will go. TP just under S/R zone and RRR little bit positive, but around 1:1.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD_ecnM30-trade.png Size: 40 KB
  • #427,792
  • Apr 11, 2016 3:37am Apr 11, 2016 3:37am
Quoting Expo33
{quote} No offense, but a little levity is good for the soul......... {image}
I like that one! pretty much nailed it
  • #427,793
  • Apr 11, 2016 3:41am Apr 11, 2016 3:41am
looks like GU is fed up trading at the bottom of the range.

I would still like to see a retest of 4000 before we move further up to 4300+ area, but is that going to come? Not sure about that.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 92 KB
  • #427,794
  • Apr 11, 2016 3:44am Apr 11, 2016 3:44am
GU is still strong no matter the retrace, it's still x20 stronger then EU now on H4.

look for price action when we retest week pivot @ 4150, if this is a true change the re-test of WP should be well bid now.
  • #427,795
  • Apr 11, 2016 3:45am Apr 11, 2016 3:45am
Quoting skyrocket
Clear sell setup

If you want to be successful in forex. Focus on the bigger timeframes as you will not have to take on so many trades and yet you'll be collecting a great amount of pips from those bigger rallies and drops.

From the dailytimeframe you can clearly see the trending range the pound dollar is in.
Attached Image (click to enlarge)
Click to Enlarge Name: GBP_USD.png Size: 138 KB
  • #427,796
  • Apr 11, 2016 3:49am Apr 11, 2016 3:49am
possible trade ideas atm on GU: sell weakness if extend further to 4240-60 area SL 20 TP 80 // or buy strength @ 4150-60 SL 20 TP 4260.

I'm flat atm will see what happens next. the move was somewhat expected, but I didn't foresee that GU will take out resistance @ 4180.
  • #427,797
  • Apr 11, 2016 3:52am Apr 11, 2016 3:52am
Quoting PatienceFx
short entry 1.4223 {quote} my post 6 hours ago went true to the letter. love it {quote} from here cable should drop to h4 10 sma or h1 10 sma whichever reaches price first
his mother in law slapped cable, drops

Attached Image (click to enlarge)
Click to Enlarge Name: 9Fn18r2.png Size: 41 KB
  • #427,798
  • Apr 11, 2016 3:57am Apr 11, 2016 3:57am
Quoting PatienceFx
{quote} his mother in law slapped cable, drops {image}
new h1 candle in 5 min, so booking the short at 1.41956 ; +28 pips

Quoting PatienceFx
{quote} new h1 candle in 5 min, so booking the short at 1.41956 ; +28 pips
collected +95 on the long from 1.41243 in the morning
  • #427,799
  • Edited 4:13am Apr 11, 2016 4:01am | Edited 4:13am
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH4.png Size: 69 KB

The pair targeted 61% Fib
Tried very hard since long to hit 4145 and at the end of day crossed 4145 very clearly and loudly!!!
  • #427,800
  • Apr 11, 2016 4:06am Apr 11, 2016 4:06am
Nice bounce
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 75 KB
What's that smell? ---- I smell money!
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