Attachments: Cable Update (GBPUSD)

Cable Update (GBPUSD)

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#429,181
Apr 21, 2016 10:34pm Apr 21, 2016 10:34pm

SteFX85
Joined May 2015 | Status: Trader | 1,148 Posts

Quoting trademb

Disliked

{quote} I got stopped out on short too bro.. Like your strat by the way. I came up with the same

Ignored

Great to hear! About the strategy then.

What's that smell? ---- I smell money!

#429,182
Apr 21, 2016 10:45pm Apr 21, 2016 10:45pm

niubee
| Joined Jul 2015 | Status: Trader | 188 Posts

Finally break and close @1.4350 on H1 chart.
TP @1.44

Don't trust me. I'm still newbie

#429,183
Apr 21, 2016 11:18pm Apr 21, 2016 11:18pm

PatienceFx
Joined Jun 2013 | Status: enjoying life | 23,868 Posts

Quoting niubee

Disliked

Finally break and close @1.4350 on H1 chart. TP @1.44

Ignored

i am not sue if i will go long again today

closed 2 bad longs for -13 pips already

h4 20 ma is looking as if it might drop

#429,184
Apr 21, 2016 11:21pm Apr 21, 2016 11:21pm

geektrader
| Commercial User | Joined Jul 2010 | 930 Posts

Quoting PatienceFx

Disliked

{quote} sir, dragon action is purely based on UJ action, nothing to do with GBP

Ignored

Yea, but pulls up GBP too as it gets bought if people buy GBPJPY, so naturally it does go up slightly too because of GBPJPY since money flows into the GBP.

#429,185
Apr 21, 2016 11:28pm Apr 21, 2016 11:28pm

niubee
| Joined Jul 2015 | Status: Trader | 188 Posts

Quoting PatienceFx

Disliked

{quote} i am not sue if i will go long again today closed 2 bad longs for -13 pips already h4 20 ma is looking as if it might drop

Ignored

Actually I'm waiting for the close below 1.4300 then I will short.
But I just saw the close above 1.4350, so I try to long with little SL @1.4330.

I already follow the down trend yesterday about 100 pips

I also have put stop sell @1.4450 (30 Mar high) and @1.4510 (18 Mar high).

Europe session will confirm the direction.
Sometimes I feel when trading in Europe session the direction is more clear than Japan session.
Maybe it just my feeling

Don't trust me. I'm still newbie

#429,186
Apr 21, 2016 11:38pm Apr 21, 2016 11:38pm

adetola99
Joined Sep 2009 | Status: Trader | 290 Posts

I THINK THE MARKET IS GOING UP LOOKING AT THE 50ma

#429,187
Apr 21, 2016 11:39pm Apr 21, 2016 11:39pm

adetola99
Joined Sep 2009 | Status: Trader | 290 Posts

Europe session will confirm the direction.
Sometimes I feel when trading in Europe session the direction is more clear than Japan session.
Maybe it just my feeling

BECAUSE THE LONDON MARKET IS CLOSE

#429,188
Apr 21, 2016 11:46pm Apr 21, 2016 11:46pm

PatienceFx
Joined Jun 2013 | Status: enjoying life | 23,868 Posts

Quoting niubee

Disliked

{quote} Actually I'm waiting for the close below 1.4300 then I will short. But I just saw the close above 1.4350, so I try to long with little SL @1.4330. I already follow the down trend yesterday about 100 pips I also have put stop sell @1.4450 (30 Mar high) and @1.4510 (18 Mar high). Europe session will confirm the direction. Sometimes I feel when trading in Europe session the direction is more clear than Japan session. Maybe it just my feeling

Ignored

i am sitting on the fence till i find a sure direction

Inserted Video

#429,189
Apr 21, 2016 11:47pm Apr 21, 2016 11:47pm

geektrader
| Commercial User | Joined Jul 2010 | 930 Posts

Is your caps lock stuck?

#429,190
Apr 22, 2016 12:13am Apr 22, 2016 12:13am

Motiv8
| Joined Feb 2016 | Status: Trader | 66 Posts

Good morning all. .DXY it's at 94.80 (+0.21%) at moment, so not sure if we go back to 1.44 or 1.43, maybe 1.43. I'm tired I think I'm not trade today. Wish you all a good profit day.

#429,191
Apr 22, 2016 12:14am Apr 22, 2016 12:14am

PatienceFx
Joined Jun 2013 | Status: enjoying life | 23,868 Posts

going short 4342 and 4340

#429,192
Apr 22, 2016 12:44am Apr 22, 2016 12:44am

PatienceFx
Joined Jun 2013 | Status: enjoying life | 23,868 Posts

Quoting PatienceFx

Disliked

going short 4342 and 4340

Ignored

h4 setup was crying short

4312 as first support

Attached Image

#429,193
Apr 22, 2016 12:54am Apr 22, 2016 12:54am

Ill-b-back
Joined May 2011 | Status: Get to the Chopper | 17,905 Posts

Yet another weekly close below 4230 would be nice to set up a buy around 41 on the retest

Come with me if you want to live....

#429,194
Apr 22, 2016 12:55am Apr 22, 2016 12:55am

Ill-b-back
Joined May 2011 | Status: Get to the Chopper | 17,905 Posts

Quoting PatienceFx

Disliked

{quote} h4 setup was crying short 4312 as first support {image}

Ignored

same, shorted 4344

Come with me if you want to live....

#429,195
Apr 22, 2016 12:56am Apr 22, 2016 12:56am

Ill-b-back
Joined May 2011 | Status: Get to the Chopper | 17,905 Posts

but I've had my Cable butt kicked this week, so...

Come with me if you want to live....

#429,196
Apr 22, 2016 12:57am Apr 22, 2016 12:57am

craiggary
| Joined Aug 2014 | Status: Trader | 43 Posts

Quoting PatienceFx

Disliked

{quote} last resistance becomes target 4375 {image}

Ignored

I think that was a Peck your aunty on the cheek at christmas kiss.

All the evidence I'm seeing gives me strong conviction on a retest of this trendline to finish the D of the triangle. 123.6 A Vss C is very close to it. Nice bearish candles, looking to take Profit here on last night's short. Might try and add to it if i can get a slingshot from a triangle on small Time Frame with good geogrophy.

Attached Image(s) (click to enlarge)