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Cable Update (GBPUSD)

  • #428,441
  • Apr 15, 2016 4:11am Apr 15, 2016 4:11am
bulls good luck but be careful. no pun intended also.
  • #428,442
  • Apr 15, 2016 4:17am Apr 15, 2016 4:17am
Bull died at 1.4187?
  • #428,443
  • Apr 15, 2016 4:19am Apr 15, 2016 4:19am
Quoting Motiv8
Bull died at 1.4187?
bull will die @ 4200-4220
  • #428,444
  • Apr 15, 2016 4:20am Apr 15, 2016 4:20am
So will be another push.
  • #428,445
  • Apr 15, 2016 4:26am Apr 15, 2016 4:26am
seems a false break
Failure is not failure if you learn from it...
  • #428,446
  • Apr 15, 2016 4:27am Apr 15, 2016 4:27am
Quoting Motiv8
Bull died at 1.4187?
rejection cam pp + fib 38.2 + resistance
Attached Image (click to enlarge)
Click to Enlarge Name: Image2.png Size: 35 KB
persistence and determination alone are omnipotent
  • #428,447
  • Apr 15, 2016 4:30am Apr 15, 2016 4:30am
looks like it's loosing the steam the little pop had

Out
  • #428,448
  • Apr 15, 2016 4:32am Apr 15, 2016 4:32am
Quoting asgcorp
{quote} not really. It's going to hit 4220-40 max and then we will reverse down for 3960.
The Corp guy will happen to be right. The GBPUSD price is knocking on the sell side (very strongly). 1.4200/4220 looks like a golden level for a sell...
Maadik Hugiis. IQ 69.
  • #428,449
  • Apr 15, 2016 4:33am Apr 15, 2016 4:33am
Maybe it's having a breathe( consolidate) to prepare next move up.
  • #428,450
  • Apr 15, 2016 4:55am Apr 15, 2016 4:55am
Quoting Motiv8
Maybe it's having a breathe( consolidate) to prepare next move up.
wait for H1 to close it might give direction
persistence and determination alone are omnipotent
  • #428,451
  • Apr 15, 2016 4:56am Apr 15, 2016 4:56am
Above H1 200 SMA.
Bull?
I try long @1.4170 [email protected]
Don't trust me. I'm still newbie
  • #428,452
  • Apr 15, 2016 4:57am Apr 15, 2016 4:57am
I think its a low risk area to take a long. I'm going on at top of hour
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1 15th.png Size: 41 KB
I'm high on trading, cant you tell?
  • #428,453
  • Apr 15, 2016 5:05am Apr 15, 2016 5:05am
on H1 1.4172 might be used for support
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Click to Enlarge Name: Image1.png Size: 34 KB
persistence and determination alone are omnipotent
  • #428,454
  • Apr 15, 2016 5:07am Apr 15, 2016 5:07am
Quoting Sammih
I think its a low risk area to take a long. I'm going on at top of hour {image}
Did you trade it? I think that the entry should be right after the Pin Bar that I highlighted by red arrow. But maybe the market could break now the resistance that could turn into support and we might go up.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD_ecnH1.png Size: 28 KB
  • #428,455
  • Apr 15, 2016 5:13am Apr 15, 2016 5:13am
cross and close above important 1.4190 should mean something to say the least...momentum flip? will see, imho this is the crucial point


am bias bullish
  • #428,456
  • Apr 15, 2016 5:14am Apr 15, 2016 5:14am
Last time this happened
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1 memory.png Size: 48 KB
I'm high on trading, cant you tell?
  • #428,457
  • Apr 15, 2016 5:17am Apr 15, 2016 5:17am
Quoting pet
cross and close above important 1.4190 should mean something to say the least...momentum flip? will see, imho this is the crucial point am bias bullish
Bullish too, safe entry with well defined stops.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1 lines.png Size: 54 KB
I'm high on trading, cant you tell?
  • #428,458
  • Apr 15, 2016 5:20am Apr 15, 2016 5:20am
Don't think will go above 1.4220.
  • #428,459
  • Apr 15, 2016 5:26am Apr 15, 2016 5:26am
Quoting Motiv8
Don't think will go above 1.4220.
Yes, thats the 50 fib level and has been rejected by price many times in the recent past. I think the 4220 - 4250 area is a nice one for a TP for those long.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1 targeet.png Size: 54 KB
I'm high on trading, cant you tell?
  • #428,460
  • Apr 15, 2016 5:28am Apr 15, 2016 5:28am
Quoting TechnicalGuy
{quote} Did you trade it? I think that the entry should be right after the Pin Bar that I highlighted by red arrow. But maybe the market could break now the resistance that could turn into support and we might go up. {image}
Entered exactly on the dot
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1 trade.png Size: 56 KB
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