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Cable Update (GBPUSD)

  • #428,921
  • Apr 19, 2016 2:22pm Apr 19, 2016 2:22pm
Quoting elbert3
{quote} {image} lets see now , to the left possible res, and tl target to the top, but we are at a cross road,
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watching this gl
  • #428,922
  • Edited 3:29pm Apr 19, 2016 3:05pm | Edited 3:29pm
I'm thinking for the next few days retracement to the 4250 - 4200 zone.

Then move up to 4550 zone till the end of april.
We had 2 +300pip moves up.
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What's that smell? ---- I smell money!
  • #428,923
  • Apr 19, 2016 3:26pm Apr 19, 2016 3:26pm
Quoting attilafx
{quote} How many trendlines do you draw? One should be enough. This is a valid one. no need for a zillion trendlines in the hope which one will be the one. draw on close, not on the wick. but what works for you. just saying. {image}
sorry i dont hope, i move up and down on other time charts so line on a 5 min will not be the same one i look at lets say in the 4 hour ,
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you see the workings , plus if i traded on hope i would be a dope,,, ??? regards
  • #428,924
  • Apr 19, 2016 3:33pm Apr 19, 2016 3:33pm
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it looks like the ema wave is going to make a higher on than the last , up trend taking place???? watch an buy the dip with sl in place over night , but trade your own trade
  • #428,925
  • Apr 19, 2016 4:04pm Apr 19, 2016 4:04pm
Let's see what happens now. What may happen is a quiet asian session. A push up to the 100 Day MA aprox 1.4450 in London Daybreak and then start Wave D Decline.
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Phenomenal Return This Year: na
  • #428,926
  • Apr 19, 2016 6:38pm Apr 19, 2016 6:38pm
#GBPUSD Target hit @ 1.4416..... flat on pound, love it when a plan comes together... will be watching pound for a turn in the next few days
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"W. D. Gann said that time is the most important factor among all things."
  • #428,927
  • Apr 19, 2016 9:28pm Apr 19, 2016 9:28pm
time for a drop to reload ammunition

Ticket: 1251352165
Type: Open position
Action: Sell
Lots: 0.02
Symbol: GBPUSD
Open price: 1.43836
Latest price: 1.43782
Open time: Wed 20 Apr 2016 05:03:46
Profit: $ 1.08
Swap: $ 0.00
Commission: $ 0.00
Total profit: $ 1.08
T/P: 0.00000
S/L: 0.00000

Attached Image
  • #428,928
  • Apr 19, 2016 11:23pm Apr 19, 2016 11:23pm
kemon GU ...go downhill
you can do it!
  • #428,929
  • Apr 19, 2016 11:34pm Apr 19, 2016 11:34pm
Quoting tomie
kemon GU ...go downhill you can do it!
she will my son

lets talk supports

h1 charts

short term ; 10 and 20 sma [ status broken ]

medium term ; 50 sma [ first target on this short ]

long term ; 100 and 200 sma [ next targets , if they hold , cable will continue its climb north ]

there you have it a complete trendline free trading system
  • #428,930
  • Apr 20, 2016 12:04am Apr 20, 2016 12:04am
my target GU wil be down to 1.4141 ...asap!
  • #428,931
  • Apr 20, 2016 12:34am Apr 20, 2016 12:34am
daily + H4 view
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persistence and determination alone are omnipotent
  • #428,932
  • Apr 20, 2016 12:38am Apr 20, 2016 12:38am
looking for a possible continuation on H1
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persistence and determination alone are omnipotent
  • #428,933
  • Apr 20, 2016 12:42am Apr 20, 2016 12:42am
Got short waiting around 1.45 area
Come with me if you want to live....
  • #428,934
  • Apr 20, 2016 12:46am Apr 20, 2016 12:46am
Quoting craiggary
Let's see what happens now. What may happen is a quiet asian session. A push up to the 100 Day MA aprox 1.4450 in London Daybreak and then start Wave D Decline. {image} {image}
where does decline to D take us in terms of appproximate price level?
I'm high on trading, cant you tell?
  • #428,935
  • Apr 20, 2016 12:49am Apr 20, 2016 12:49am
All the way to 1.40
  • #428,936
  • Apr 20, 2016 12:58am Apr 20, 2016 12:58am
Quoting Ll1979
looking for a possible continuation on H1 {image}
seeing the same thing
  • #428,937
  • Apr 20, 2016 1:03am Apr 20, 2016 1:03am
Quoting raiders
{quote} seeing the same thing
bought some GU
persistence and determination alone are omnipotent
  • #428,938
  • Apr 20, 2016 1:06am Apr 20, 2016 1:06am
Quoting Ll1979
{quote} bought some GU
could be a good move

I'd be hesitant to short into this highlighted support area to the left
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Come with me if you want to live....
  • #428,939
  • Apr 20, 2016 1:07am Apr 20, 2016 1:07am
daily looks like it's winding up to go higher

Waiting up higher to short
Come with me if you want to live....
  • #428,940
  • Apr 20, 2016 1:10am Apr 20, 2016 1:10am
Quoting Motiv8
All the way to 1.40
Yesterday I drew the blue rectangle on my chart. Its a buy area. Just took a quick short here , to within the rectangle. I will exit if price closes above the magenta SMA

1.4 is over 300 pips down, really?
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I'm high on trading, cant you tell?
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