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Cable Update (GBPUSD)

  • #427,941
  • Apr 12, 2016 3:21am Apr 12, 2016 3:21am
the volume is here to get it done
  • #427,942
  • Apr 12, 2016 3:22am Apr 12, 2016 3:22am
Looking for a spike down to the weekly pivot on the release , will buy again there if it does go that far
  • #427,943
  • Apr 12, 2016 3:23am Apr 12, 2016 3:23am
ok if 4320 resistance fails look for a 2nd target on upside @ 4380
  • #427,944
  • Apr 12, 2016 3:25am Apr 12, 2016 3:25am
Quoting asgcorp
I just hate it when things are made too complicated. Take the Daily candle for yesterday, now divide it in half. Then divide halfes once again in 50. You get 5 levels. now go back to H4 or M30. The levels will give you indication of price action / trend strength. {image}
Great way to rapidly analyse the pair and simple , thanks for sharing. I will give it a try.
  • #427,945
  • Apr 12, 2016 3:25am Apr 12, 2016 3:25am
Buy 1.4188
Stake
Level 1.4420
level ≤ 1.42829 or level ≥ 1.42847
Buy 21 at 1.41886
Hedging
Cancelled
Good for day
Date/Time

Contingent Orders trs tp 1.4302
Stop
(Est: [COLOR=#EC174A !important]1.41786[/color])P/L (£5,[COLOR=#EC174A !important]210.00[/color])
Guaranteed Stop
Attached Image
  • #427,946
  • Apr 12, 2016 3:26am Apr 12, 2016 3:26am
Quoting asgcorp
ok if 4320 resistance fails look for a 2nd target on upside @ 4380
quarterly open and quarterly pivot in 1.4350ish area , it will get there soon
  • #427,947
  • Apr 12, 2016 3:26am Apr 12, 2016 3:26am
Quoting Jonstaples
{quote} Great way to rapidly analyse the pair and simple , thanks for sharing. I will give it a try.
exactly, the key is to keep it simple. Give it a shot you'd be surprised.
  • #427,948
  • Apr 12, 2016 3:28am Apr 12, 2016 3:28am
Quoting digger1
{quote}quarterly open and quarterly pivot in 1.4350ish area , it will get there soon
heavy volume is stacked @ 4380-90 area that's where I'd TP any long trades post-news release.
Attached Image
  • #427,949
  • Apr 12, 2016 3:30am Apr 12, 2016 3:30am
4286 got taken out and some volume is forming below 4270
good support
could be a strong up move
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  • #427,950
  • Apr 12, 2016 3:31am Apr 12, 2016 3:31am
cpi numbers are better than expected here we go
  • #427,951
  • Apr 12, 2016 3:32am Apr 12, 2016 3:32am
weak ass dollar and strong pound what do you think is up next?
  • #427,952
  • Apr 12, 2016 3:35am Apr 12, 2016 3:35am
4320 could be some resistance, but once GU clears 4320 look for 4380 up next and I recommend if you got in long to TP @ 4380 +- 10 points
  • #427,953
  • Apr 12, 2016 3:35am Apr 12, 2016 3:35am
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thank you as above ticket and chart,, ahhhhhhhh
  • #427,954
  • Apr 12, 2016 3:35am Apr 12, 2016 3:35am
K.I.S.S. Keep it simple stupid

explained with video

Attached Image


Inserted Video
  • #427,955
  • Apr 12, 2016 3:36am Apr 12, 2016 3:36am
Quoting asgcorp
{quote} too much info, but if that suits your style that's fine, you pretty much nailed it though with 4250, any price action above 4250 is VERY bullish.
yup it going up
lock my profit @1.4282 (27 pips)
enough for me, and let the market moves, wait for NY session
Don't trust me. I'm still newbie
  • #427,956
  • Apr 12, 2016 3:40am Apr 12, 2016 3:40am
Attached Image

+10% with 3 trades.
Price-Action Extremist
  • #427,957
  • Apr 12, 2016 3:40am Apr 12, 2016 3:40am
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ok lets see
  • #427,958
  • Apr 12, 2016 3:42am Apr 12, 2016 3:42am
USDX EW H4 review, more downside to follow atm
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  • #427,959
  • Apr 12, 2016 3:43am Apr 12, 2016 3:43am
Quoting niubee
{quote} yup it going up lock my profit @1.4282 (27 pips) enough for me, and let the market moves, wait for NY session
yeah good deal just make final TP @ 4380-90 and you'd be in good shape.

Was a clear shot (shot) from last night guys, the bull flag on M5 was a solid tell also.
  • #427,960
  • Apr 12, 2016 3:46am Apr 12, 2016 3:46am
usdx ribs are best served with fried yen potatoe chips
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