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Cable Update (GBPUSD)

  • #429,401
  • Apr 25, 2016 5:14am Apr 25, 2016 5:14am
Quoting Magix
{quote} So, maybe you missed my Weekly/Monthly supply charts? Link If I am correct in my assumptions and for playable areas, there's a lot of topside room from where I nutted demand, wouldn't you say? You don't have to like my delivery, nor me, nor the colors I use on my charts. Hell, add me to your ignore list...as if I give a shit. I provided a chart analysis, and a critique of another traders charts. Stack up the evidence...you tell me which idea of markets seems more...
I wasn't in any way having a go and I don't give a shit what or how you deliver something, and I'm not pathetic enough to put someone on an ignore list for no reason on a forum website... I was just saying that perhaps you shouldn't dig into someone else's method if it works for them... i was also just pointing out before a high that has to be taken before we can go higher... its one of the only things that is factual and guaranteed in trading eh? anyway higher we go better opps for shorts for me until i see something changes and the 1.4011 i posted a while back sticks for 1.5+
  • #429,402
  • Apr 25, 2016 5:18am Apr 25, 2016 5:18am
Quoting Magix
{quote} I'ma gunna stick to the same in that your trendlines are worthless. I made a forecast for loading zone and if you could read a chart, you'd see that I am pretty much, Dead on Balls! {quote} Link {image}
right on my posted daily TL retest and spikey 4hr tops, yeah magix I see it but not trading it. GU can push past there to take out stops below the 4hr swing low and if it does I will be waiting. If not I will catch it short up higher. Quite an easy game plan really. I really don't give two hoots what you think. I wasn't challenging your analysis, so telling me you were right is water off a ducks back. We all get it right at times, boasting about it is a chumps game
Come with me if you want to live....
  • #429,403
  • Apr 25, 2016 5:23am Apr 25, 2016 5:23am
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #429,404
  • Apr 25, 2016 5:29am Apr 25, 2016 5:29am
Quoting Borowikbo
Can anybody explain why did we open with such a big gap overnight? Thanks in advance.

Obama speech might have pushed up thanks to the bullish bias already going on.

I went long @ 4417 targeting 1.4570 but will see how the price react to 4500.

Is anybody else looking for 1.4570?

M.
  • #429,405
  • Apr 25, 2016 5:35am Apr 25, 2016 5:35am
Quoting L.m
{quote} Obama speech might have pushed up thanks to the bullish bias already going on. I went long @ 4417 targeting 1.4570 but will see how the price react to 4500. Does anybody else looking for 1.4570? M.
Yes, I got a long position with TP @ 1.4567. And guess I will short from there as well to scalp some swing from there.
  • #429,406
  • Apr 25, 2016 5:53am Apr 25, 2016 5:53am
Quoting Yves CZ_EU
{quote} Yes, I got a long position with TP @ 1.4567. And guess I will short from there as well to scalp some swing from there.

Me too. At that point will likely look for a retest of the 1.45 area if PA gives some signal.
  • #429,407
  • Apr 25, 2016 6:06am Apr 25, 2016 6:06am
Buy signal at 1.4448 tp 1.4598 presently in the market.
  • #429,408
  • Apr 25, 2016 6:08am Apr 25, 2016 6:08am
it must be like pissing into wind for some
  • #429,409
  • Apr 25, 2016 6:23am Apr 25, 2016 6:23am
offers @ 4490 region now
Attached Image
  • #429,410
  • Apr 25, 2016 6:23am Apr 25, 2016 6:23am
​lets see, 842/864 i wonder
  • #429,411
  • Apr 25, 2016 6:25am Apr 25, 2016 6:25am
but so far the move is well supported by bids just below so it's possible that we crack above 4500
  • #429,412
  • Apr 25, 2016 6:26am Apr 25, 2016 6:26am
my take is that we slide through 4500 push is hard now on solid volumes
  • #429,413
  • Apr 25, 2016 6:26am Apr 25, 2016 6:26am
Out at 1.4480 for 34 pips, if I stay in the market now means over here it's getting late
Don't Leave Money on the Table
  • #429,414
  • Apr 25, 2016 6:28am Apr 25, 2016 6:28am
Quoting asgcorp
offers @ 4490 region now {image}
how do you know if they are buy or sell?
  • #429,415
  • Apr 25, 2016 6:29am Apr 25, 2016 6:29am
Quoting Don96
{quote} how do you know if they are buy or sell?
catch up on DOM bro )))
  • #429,416
  • Apr 25, 2016 6:30am Apr 25, 2016 6:30am
Quoting asgcorp
{quote} catch up on DOM bro )))
...
  • #429,417
  • Apr 25, 2016 6:30am Apr 25, 2016 6:30am
smart move right now is to short sell into NZDUSD weakness. Notice how GU is a heavy pusher and NU stuck right below DP
  • #429,418
  • Apr 25, 2016 6:35am Apr 25, 2016 6:35am
longs get out 4550-80 now is too early
  • #429,419
  • Apr 25, 2016 6:37am Apr 25, 2016 6:37am
​1.450x/13 then eh
  • #429,420
  • Apr 25, 2016 6:39am Apr 25, 2016 6:39am
Bit of a tough spot...

Whuda Thunk?

lol

Quoting Magix
We are still below a weekly supply zone, sitting at about 1.45, price could easily still collapse onto itself. That being said. from a Monthly Perspective, if we do clear the buck forty five area, it seems like a pretty clear shot to 1.48.
Attached Image (click to enlarge)
Click to Enlarge Name: tuff spot.png Size: 31 KB
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
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