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Cable Update (GBPUSD)

  • #428,961
  • Apr 20, 2016 2:46am Apr 20, 2016 2:46am
BUY 143 700 (still testing) .. got 35 pips on the down from last night so lets see if the buy is a goer
  • #428,962
  • Apr 20, 2016 2:48am Apr 20, 2016 2:48am
Quoting Ill-b-back
{quote} my opinion is those MA's may have to wait
  • #428,963
  • Apr 20, 2016 2:49am Apr 20, 2016 2:49am
Quoting Ill-b-back
{quote} my opinion is those MA's may have to wait
I'm high on trading, cant you tell?
  • #428,964
  • Apr 20, 2016 2:51am Apr 20, 2016 2:51am
Hi all,

I suggest buying GU from the present price 1.4373 with SL at 1.4345

Take profit at 1.4491

Happy trading!
  • #428,965
  • Apr 20, 2016 3:03am Apr 20, 2016 3:03am
Quoting Sammih
{quote}
lets see how we roll amigo
Come with me if you want to live....
  • #428,966
  • Apr 20, 2016 3:07am Apr 20, 2016 3:07am
Quoting PatienceFx
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 {image}
i am holding this short with stop at be

praying to all 32,000 indian gods
  • #428,967
  • Apr 20, 2016 3:17am Apr 20, 2016 3:17am
There can be only 1

lol....
Come with me if you want to live....
  • #428,968
  • Apr 20, 2016 3:18am Apr 20, 2016 3:18am
for the Cable am watching for reactions around 1.4347 for a similar role played by 1.4190 recently[/quote]


so far, strength seems to be coming at 1.4347, I would consider that as an intent but will wait and watch for confirmation around 1.4358 for more reactions to ride along if aligned. The decline from yesterday's high of around 1.4418 stopped on its track at this 1.4347 level, a break above to 1.4378 now before reaching for 1.4358-1.4347 area may trigger longs to 1.4420. many pips to all.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDDaily.png Size: 38 KB
Click to Enlarge Name: GBPUSDH4.png Size: 30 KB
  • #428,969
  • Apr 20, 2016 3:25am Apr 20, 2016 3:25am
Quoting Sammih
{quote} Did you take your trade, your was a nice set up
Yes thanks, took the set up to the letter, exit @ 1.4352 with a nice profit.
  • #428,970
  • Apr 20, 2016 3:31am Apr 20, 2016 3:31am
Very bad news from UK. Really bad numbers. This can hurt GBP. Let see If markets ignore or not.
  • #428,971
  • Apr 20, 2016 3:34am Apr 20, 2016 3:34am
Quoting Motiv8
Very bad news from UK. Really bad numbers. This can hurt GBP. Let see If markets ignore or not.
Market seems to ignore it.
  • #428,972
  • Apr 20, 2016 3:34am Apr 20, 2016 3:34am
Quoting Jonstaples
{quote} Yes thanks, took the set up to the letter, exit @ 1.4352 with a nice profit.
Nothing like green pips
I'm high on trading, cant you tell?
  • #428,973
  • Apr 20, 2016 3:35am Apr 20, 2016 3:35am
My analysis for today
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1 analysis.png Size: 41 KB
I'm high on trading, cant you tell?
  • #428,974
  • Apr 20, 2016 3:37am Apr 20, 2016 3:37am
Quoting arasheed
{quote} Market seems to ignore it.
wouldn 't surprise me if market is attracting buyers for a move down
persistence and determination alone are omnipotent
  • #428,975
  • Apr 20, 2016 3:38am Apr 20, 2016 3:38am
Only 30min after the news we will see if market ignored or not.
.DXY it's positive today.
  • #428,976
  • Apr 20, 2016 3:42am Apr 20, 2016 3:42am
20 pips move for somewhat negative news? This was already priced in?
Trade. Learn. Adjust.
  • #428,977
  • Apr 20, 2016 3:42am Apr 20, 2016 3:42am
Quoting Motiv8
Only 30min after the news we will see if market ignored or not. .DXY it's positive today.
The gap is filled on 5 Minute chart.
  • #428,978
  • Apr 20, 2016 3:44am Apr 20, 2016 3:44am
Quoting pet
for the Cable am watching for reactions around 1.4347 for a similar role played by 1.4190 recently
so far, strength seems to be coming at 1.4347, I would consider that as an intent but will wait and watch for confirmation around 1.4358 for more reactions to ride along if aligned. The decline from yesterday's high of around 1.4418 stopped on its track at this 1.4347 level, a break above to 1.4378 now before reaching for 1.4358-1.4347 area may trigger longs to 1.4420. many pips to all. {image} {image}[/quote]


nice and cheap entry 1.4355 for 1.4420 as TP1, sl now at 1.4352, will look add more if PA permits, but all my entries fromhere has to be very cheap and stop loss at minimal,.

one more position just added at 1.4365, sl same as above, will see how this goes
  • #428,979
  • Apr 20, 2016 3:44am Apr 20, 2016 3:44am
Quoting MrBach
20 pips move for somewhat negative news? This was already priced in?
MR BACH your symphony is acceptable.
  • #428,980
  • Apr 20, 2016 3:44am Apr 20, 2016 3:44am
Unemployment held steady at 5.1 on the books ..
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