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Cable Update (GBPUSD)

  • #429,441
  • Apr 25, 2016 9:58am Apr 25, 2016 9:58am
Quoting Magix
Here's the scary part... EU is just walking into a supply zone. If it shits here, the Momo on cable could slow with it. {image}

Still no break topside for EU...

Stifled Movement.
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #429,442
  • Apr 25, 2016 10:49am Apr 25, 2016 10:49am
Close for today going through recaps of today trade , what i did wrong & right .
  • #429,443
  • Apr 25, 2016 10:53am Apr 25, 2016 10:53am
​short at 1.45011
  • #429,444
  • Apr 25, 2016 10:58am Apr 25, 2016 10:58am
Quoting Don96
​short at 1.45011
London and NY have had a crack at this zone.

Don't think that with a Close of London, NY won't shoot for a Breakout?
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #429,445
  • Apr 25, 2016 11:04am Apr 25, 2016 11:04am
Quoting Magix
{quote} London and NY have had a crack at this zone. Don't think that with a Close of London, NY won't shoot for a Breakout?
​perhaps... worst is stop out after 1.454 I'm out, may add before then if the opportunity presents itself
  • #429,446
  • Apr 25, 2016 11:05am Apr 25, 2016 11:05am
yeah looking @ H4 two support areas in GU atm. I'd say momentum is definately lost for a big move, however this move higher not complete yet,
4540-4560 is where we headed and will reverse then.

I also tried to short small lots into the fade however got busted. GU is mostly done on the upside, but right now still a waiting game.
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  • #429,447
  • Apr 25, 2016 11:07am Apr 25, 2016 11:07am
Quoting Don96
{quote} ​perhaps... worst is stop out after 1.454 I'm out, may add before then if the opportunity presents itself
Hey Don that's actually an area where I think we will reverse for 4250-4300. 4600 is unrealistic before we do a swing lower.
  • #429,448
  • Apr 25, 2016 11:13am Apr 25, 2016 11:13am
Let's see how the daily candle closes but for now I'm seeing a possible evening star.
And I don't think we will get a lot more movement for today.
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What's that smell? ---- I smell money!
  • #429,449
  • Apr 25, 2016 11:16am Apr 25, 2016 11:16am
yeah today we're done here
  • #429,450
  • Apr 25, 2016 11:18am Apr 25, 2016 11:18am
Quoting asgcorp
{quote} Hey Don that's actually an area where I think we will reverse for 4250-4300. 4600 is unrealistic before we do a swing lower.
​I have 1.452xxx as a level I would consider,​ after that its 1.461-2 for me, still think its too late for best longs for 1.5+
  • #429,451
  • Apr 25, 2016 11:20am Apr 25, 2016 11:20am
Quoting asgcorp
smart move right now is to short sell into NZDUSD weakness. Notice how GU is a heavy pusher and NU stuck right below DP
meanwhile this deal right here is doing just fine, was a very obvious signal GU strong / NU stuck below DP.
  • #429,452
  • Apr 25, 2016 11:20am Apr 25, 2016 11:20am
Asgcorp, 'GU is mostly done on the upside...' Reality at last? lol

KP
Do your homework, follow the footprints of smart money
  • #429,453
  • Apr 25, 2016 11:21am Apr 25, 2016 11:21am
it's not like a homerun but I plan to hold well into RBNZ and move SL to BE TP around 6600
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  • #429,454
  • Apr 25, 2016 11:28am Apr 25, 2016 11:28am
I still have a long position open, but I will close it once it reaches 1.4500. It's almost there anyway.
  • #429,455
  • Apr 25, 2016 11:40am Apr 25, 2016 11:40am
Quoting Don96
{quote} ​I'm just saying, that 1.450x level has to be taken out before we go higher...
what did I say... although beaten, it hasn't closed above.. today anyway
  • #429,456
  • Apr 25, 2016 11:41am Apr 25, 2016 11:41am
Quoting Don96
​short at 1.45011
​fucker caught me getting safe too early eh
  • #429,457
  • Apr 25, 2016 12:39pm Apr 25, 2016 12:39pm
Pound Rises to Two-Month High as EU `Remain' Camp Gains Momentum
  • #429,458
  • Apr 25, 2016 12:40pm Apr 25, 2016 12:40pm
Quoting Don96
{quote} ​fucker caught me getting safe too early eh
no worries there'll be more to come
  • #429,459
  • Apr 25, 2016 3:29pm Apr 25, 2016 3:29pm
taking a short to 44
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Come with me if you want to live....
  • #429,460
  • Apr 25, 2016 3:43pm Apr 25, 2016 3:43pm
don't know bro my take time is not up yet for the top, fact is we can see more of the same here's H1 just basics here
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