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Cable Update (GBPUSD)

  • #429,221
  • Apr 22, 2016 7:44am Apr 22, 2016 7:44am
Quoting KeenPips
EU pinbar a rejection of the weekly pivot imho. KP {quote}
Yes but sometimes is filled and newbies every time they saw a big shadow they think will be filled even that rule is not exactly true
Try don't lose pants never...
  • #429,222
  • Apr 22, 2016 7:44am Apr 22, 2016 7:44am
Quoting braintheboss
{quote} Who moves market is USD. And it's showing power in some crosses. And if EUR down, gbp will down too
​
gbp will down too, but it will take a bit times. at this moment , cad ,gbp , usd almost strong together.
  • #429,223
  • Apr 22, 2016 7:45am Apr 22, 2016 7:45am
Quoting braintheboss
{quote} Who moves market is USD. And it's showing power in some crosses. And if EUR down, gbp will down too

if you say so buddy, happy trading!
  • #429,224
  • Apr 22, 2016 7:48am Apr 22, 2016 7:48am
Quoting braintheboss
{quote} Yes but sometimes is filled and newbies every time they saw a big shadow they think will be filled even that rule is not exactly true
Do your homework, follow the footprints of smart money
  • #429,225
  • Apr 22, 2016 8:03am Apr 22, 2016 8:03am
@Pet, u are so damn funny. I know u believe that the GBP strength will continue till market close today but you will not argue with those who think otherwise, so that you won't appear wrong if you are finally wrong. I know what you know as well. I like your style.
  • #429,226
  • Apr 22, 2016 8:05am Apr 22, 2016 8:05am
Quoting pet
{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
GBPUSD- Price is currently around the 1.4347 level mentioned previously(see charts below, first posted a few days ago), my opinion is that this pair is still in buying mode, sellers have to show adequate intentions by breaking below the eclipse on chart which still hasn't happened yet, just now opened one buy at 1.4338, SL :1.4310, TP: 1.14409, TP2: 1.4439 My last two longs taken around the 1.4347 got close in profits at 1.4391. {image} {image}[/quote]


new gbpusd entries: 1.14373, SL1.4342, target remains as previously stated in initial buy trade today
  • #429,227
  • Apr 22, 2016 8:07am Apr 22, 2016 8:07am
Quoting webizone
@Pet, u are so damn funny. I know u believe that the GBP strength will continue till market close today but you will not argue with those who think otherwise, so that you won't appear wrong if you are finally wrong. I know what you know as well. I like your style.
lol, cheers mate !
  • #429,228
  • Apr 22, 2016 8:10am Apr 22, 2016 8:10am
Attached Image (click to enlarge)
Click to Enlarge Name: im3uIQV.png Size: 21 KB
  • #429,229
  • Apr 22, 2016 8:11am Apr 22, 2016 8:11am
Quoting pet
{quote} GBPUSD- Price is currently around the 1.4347 level mentioned previously(see charts below, first posted a few days ago), my opinion is that this pair is still in buying mode, sellers have to show adequate intentions by breaking below the eclipse on chart which still hasn't happened yet, just now opened one buy at 1.4338, SL :1.4310, TP: 1.14409, TP2: 1.4439 My last two longs taken around the 1.4347 got close in profits at 1.4391. {image} {image}
new gbpusd entries: 1.14373, SL1.4342, target remains as previously stated in initial buy trade today[/quote]

​same here I got reload 1 buy at 1.14373. today market structure . slow and steady sonic wave.
  • #429,230
  • Apr 22, 2016 8:12am Apr 22, 2016 8:12am
Quoting PatienceFx
{image}
absolutely no targets, will follow sl
  • #429,231
  • Apr 22, 2016 8:13am Apr 22, 2016 8:13am
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 30 KB
  • #429,232
  • Apr 22, 2016 8:15am Apr 22, 2016 8:15am
Quoting webizone
@Pet, u are so damn funny. I know u believe that the GBP strength will continue till market close today but you will not argue with those who think otherwise, so that you won't appear wrong if you are finally wrong. I know what you know as well. I like your style.
This place is for share ideas. I don't think nobody can feel disturbed for different points of view or even if his prediction fail. All traders fail many times
Try don't lose pants never...
  • #429,233
  • Apr 22, 2016 8:18am Apr 22, 2016 8:18am
Quoting pet
{quote} GBPUSD- Price is currently around the 1.4347 level mentioned previously(see charts below, first posted a few days ago), my opinion is that this pair is still in buying mode, sellers have to show adequate intentions by breaking below the eclipse on chart which still hasn't happened yet, just now opened one buy at 1.4338, SL :1.4310, TP: 1.14409, TP2: 1.4439 My last two longs taken around the 1.4347 got close in profits at 1.4391. {image} {image}
anyone still bearish on this pair should be very cautious as fresh breath of bullish air keeps flowing in and big possibility to target 1.4547, 1.4871, 1.4930 and prob more, just a few confirmation needed to confirm this, first above 1.4465 will siubmit the motion of strength and display to the bears of the type artillery the bulls have taken to this fight, will update when it is confirmed imho currently looking to start adding more longs with cheap entries as always[/quote]


TP1 was silently achieved at 1.4409 on multiple positions, the last sets of buys made TP1 in about 5mins, close some-leave some, high riders. I have made enough and more extra pips to cover all remaining positions, worse case scenario i will remain in profit as always, .(wink) more pips to all
  • #429,234
  • Apr 22, 2016 8:20am Apr 22, 2016 8:20am
I, personally, doubt that the pair will be able to break above 1.4440 before the market closes later today. I do think, however, that next week we will see a breakout above that level. On the other hand if it bounces off that resistance we can expect a further move to the downside towards 1.4000 again, in my opinion.
  • #429,235
  • Apr 22, 2016 8:25am Apr 22, 2016 8:25am
Quoting braintheboss
{quote} This place is for share ideas. I don't think nobody can feel disturbed for different points of view or even if his prediction fail. All traders fail many times
I guess so, because no system lasts forever. It's just that some figures it out faster than others.
  • #429,236
  • Apr 22, 2016 8:28am Apr 22, 2016 8:28am
Quoting braintheboss
{quote} This place is for share ideas. I don't think nobody can feel disturbed for different points of view or even if his prediction fail. All traders fail many times

..just to be clear, am not here to prove anything to anybody as i have no intention to sell anything ever so I am not scared to be proven wrong, even I have done past proving my ability to myself or my bank account.

I mentioned many years ago, that when ever I lose on trade, the most important thing to me is the lessons learned from that failure and it creates an array of more opportunities and information for me to act on, am neither here to prove how successful or not i am.

Pinbar is a single candle, so market structure carries more weight moreover take a good look at the pin bar in question again(especially where it occurred relative to other candles in that area ie D1,H4), THat particular candle may come into play but for now nothing shows me it is a substantial, until then will use it as a bull tool,at best pin bars on their own does not automatically decide direction(s) just like other candle formations and all analysis in general..imho no offence meant.
  • #429,237
  • Apr 22, 2016 8:45am Apr 22, 2016 8:45am
Quoting pet
{quote} ..just to be clear, am not here to prove anything to anybody as i have no intention to sell anything ever so I am not scared to be proven wrong, even I have done past proving my ability to myself or my bank account. I mentioned many years ago, that when ever I lose on trade, the most important thing to me is the lessons learned from that failure and it creates an array of more opportunities and information for me to act on, am neither here to prove how successful or not i am. Pinbar is a single candle, so market structure carries more weight...
No offence taken, bro! Ride on. I only remarked because I saw sm1 who would act the way I would.
  • #429,238
  • Apr 22, 2016 8:46am Apr 22, 2016 8:46am
Quoting pressok
​I'm still holding buy tp 4456 , let the market decided
I'm exit now @1.4401 .if u wanna hold for that target go ahead. just lock be for "accident" case
have to go out drunk with friend. 9.45pm night time here gmt+8 .
have a good Friday all. hope we are peace and learning.
  • #429,239
  • Apr 22, 2016 8:48am Apr 22, 2016 8:48am
Quoting webizone
{quote} No offence taken, bro! Ride on. I only remarked because I saw sm1 who would act the way I would.

nice one, always good to know you are not alone..
  • #429,240
  • Apr 22, 2016 8:52am Apr 22, 2016 8:52am
Still Long .. looking to close later on today. Sometimes holding onto that hat of yours becomes part of the gig.:nerd:
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