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Cable Update (GBPUSD)

  • #427,981
  • Apr 12, 2016 5:14am Apr 12, 2016 5:14am
bottomline if you went long you'd be making money right now, if you's are "oh man this thing is gonna crash now i better short the shit out of it the cpi is great but i aint no fool im gonna tackle this sucka into sumbission". well good luck then but it ain't gonna work out buddy.
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  • #427,982
  • Apr 12, 2016 5:15am Apr 12, 2016 5:15am
1.4345x may have some resistance
  • #427,983
  • Apr 12, 2016 5:18am Apr 12, 2016 5:18am
Closing long at 1.44000
  • #427,984
  • Apr 12, 2016 5:20am Apr 12, 2016 5:20am
Quoting Don96
1.4345x may have some resistance
you might be right Don, but the heavy volume stack is @ 4380 and this is a good area to TP atm, I think since the 4320 was cleared now 4380 is next up.

PS: don't want to fight I think it's useless/waste of time, pretty much we are in the same boat so I figure no use fighting, so propose a peace treaty.
I do recognize you as a real trader and give you good credit for posting live setups, not many do that.
  • #427,985
  • Apr 12, 2016 5:23am Apr 12, 2016 5:23am
GU is strong guys atm (this H4), dollar pretty much neutral, we can get some more push.
  • #427,986
  • Apr 12, 2016 5:23am Apr 12, 2016 5:23am
Quoting asgcorp
{quote} you might be right Don, but the heavy volume stack is @ 4380 and this is a good area to TP atm, I think since the 4320 was cleared now 4380 is next up. PS: don't want to fight I think it's useless/waste of time, pretty much we are in the same boat so I figure no use fighting, so propose a peace treaty. I do recognize you as a real trader and give you good credit for posting live setups, not many do that.
perhaps, ill see how this holds first

and yes I agree
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  • #427,987
  • Apr 12, 2016 5:30am Apr 12, 2016 5:30am
Quoting asgcorp
GU is strong guys atm (this H4), dollar pretty much neutral, we can get some more push.
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  • #427,988
  • Apr 12, 2016 5:46am Apr 12, 2016 5:46am
there you have it daily dose not lie ,not even men in dark rooms can play against it


Quoting Bones
the deal is you don't need to know anything about news ,and actually lots complaints news often does not = result to price such a conspiracy ,so many conspiracy fact is you don't know how to read the news ,or what the focus is on now or future event ,same as me ,you can't just look at current highlighted things , mostly retail you haven't the resources or knowledge all you need to know is price is very much bullish at this stage ,even sell off its likely to rise to resistance on daily tf its not time for reversal this candle ,in all proberbility...
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #427,989
  • Apr 12, 2016 5:50am Apr 12, 2016 5:50am
Quoting Bones
there you have it daily dose not lie ,not even men in dark rooms can play against it {quote} {image}
1000000000% agreed
  • #427,990
  • Apr 12, 2016 5:54am Apr 12, 2016 5:54am
Quoting Ill-b-back
{quote} I will look to buy 1.4200 if it goes there today
cancel that
Come with me if you want to live....
  • #427,991
  • Apr 12, 2016 5:55am Apr 12, 2016 5:55am
Quoting Don96
1.4345x may have some resistance
I'm thinking 4356 now
Come with me if you want to live....
  • #427,992
  • Apr 12, 2016 5:59am Apr 12, 2016 5:59am
Quoting Ill-b-back
{quote} I'm thinking 4360 now
Resistance or short ? I don't have anything on my chart there that I can remember, not at charts atm, but if the boot fits
  • #427,993
  • Apr 12, 2016 6:01am Apr 12, 2016 6:01am
i call charts like these as lets make money while busy in school / office / cruise tour

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  • #427,994
  • Apr 12, 2016 6:01am Apr 12, 2016 6:01am
good chance to buy @ 4290
  • #427,995
  • Apr 12, 2016 6:03am Apr 12, 2016 6:03am
Quoting Don96
{quote} Resistance or short ? I don't have anything on my chart there that I can remember, not at charts atm, but if the boot fits
march month closing price / april month open price
  • #427,996
  • Apr 12, 2016 6:03am Apr 12, 2016 6:03am
Quoting Don96
{quote} Resistance or short ? I don't have anything on my chart there that I can remember, not at charts atm, but if the boot fits
Short. Began shorting at 4249, got set my 4th sell stop at 4350

On hols in melbourne with the family, enjoy got to go
Come with me if you want to live....
  • #427,997
  • Edited 6:24am Apr 12, 2016 6:06am | Edited 6:24am
Think its time to adjust my lines.
RSI > 70. Resistance @ 78.6 H4 and EMA 55 Daily ?

Maybe still an entry on that short trade.
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What's that smell? ---- I smell money!
  • #427,998
  • Apr 12, 2016 6:20am Apr 12, 2016 6:20am
Quoting SteFX85
Think its time to adjust my lines. RSI > 70. Resistance @ 78.6 H4 and EMA 55 Daily ? Maybe still an entry on that short trade. {image} {image}
I think your 1.44062 poses a good place for short of lower low
When it gets there, I have one more slightly higher with better rr after that I'll re evaluate
  • #427,999
  • Apr 12, 2016 6:25am Apr 12, 2016 6:25am
Quoting Don96
{quote} perhaps, ill see how this holds first and yes I agree {image}
Show some so far
  • #428,000
  • Apr 12, 2016 6:26am Apr 12, 2016 6:26am
Quoting Don96
{quote} I think your 1.44062 poses a good place for short of lower low
Hey Don,

Yes I was planning on it, if price hits the red I will aim for a smaller profit and adjust S/L quicker than usual. Thanks for the tip btw
What's that smell? ---- I smell money!
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