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Cable Update (GBPUSD)

  • #429,901
  • Apr 28, 2016 9:10am Apr 28, 2016 9:10am
Quoting PatienceFx
still holding my 4562 short, cable's wife [ 4540 ] blocking the bears for now {image}
Shorts are below daily roll...not when price keeps bouncing off of it...

Just saying, is all...
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #429,902
  • Apr 28, 2016 9:27am Apr 28, 2016 9:27am
When using the open/close I get an ascending triangle which is a reversal pattern.

Sell stop in place.

If it gets hit valid entry on EMA 5 / SMA 8.
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What's that smell? ---- I smell money!
  • #429,903
  • Apr 28, 2016 9:31am Apr 28, 2016 9:31am
Of course when I decide to enter a new long price stalls and even shows signs of reversal. Dammit. Stopped at B/E. Waiting for break out to the top or bottom.
  • #429,904
  • Apr 28, 2016 9:52am Apr 28, 2016 9:52am
taking a long with 1.5 pip trailing paid off

Attached Image
  • #429,905
  • Apr 28, 2016 10:01am Apr 28, 2016 10:01am
Quoting PatienceFx
taking a long with 1.5 pip trailing paid off {image}
that was one hell of a trade
  • #429,906
  • Apr 28, 2016 10:07am Apr 28, 2016 10:07am
Quoting coldvinc
Of course when I decide to enter a new long price stalls and even shows signs of reversal. Dammit. Stopped at B/E. Waiting for break out to the top or bottom.
unless you see a strong trend move on h4 or higher, just trade small [ i suggest 0.01 lots] and scalp, you will love it
  • #429,907
  • Apr 28, 2016 10:30am Apr 28, 2016 10:30am
cable got a H&S on daily, move up, 1.53.
  • #429,908
  • Apr 28, 2016 10:37am Apr 28, 2016 10:37am
Quoting coldvinc
Of course when I decide to enter a new long price stalls and even shows signs of reversal. Dammit. Stopped at B/E. Waiting for break out to the top or bottom.
Now be happy GBP started moving up
  • #429,909
  • Apr 28, 2016 10:38am Apr 28, 2016 10:38am
i think i am in love with 1.5 pip trailing

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  • #429,910
  • Apr 28, 2016 10:46am Apr 28, 2016 10:46am
going short 4592

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Quoting PatienceFx
going short 4592 {image}
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  • #429,911
  • Apr 28, 2016 10:56am Apr 28, 2016 10:56am
Quoting PatienceFx
going short 4592 {image} {quote} {image}
i was just posting my scalps to show that unless there is no major news or a strong trend, how easy it is to finger out tiny pips from a ranging market

remember i put ranging in bold
  • #429,912
  • Apr 28, 2016 11:06am Apr 28, 2016 11:06am
Still waiting to go short - but then its months end - bank holiday is on its way - so that makes what NFP next friday -
so shall wait for the right time to short - which of course is boring lol ..
  • #429,913
  • Apr 28, 2016 11:11am Apr 28, 2016 11:11am
Quoting dean1star
Still waiting to go short - but then its months end - bank holiday is on its way - so that makes what NFP next friday - so shall wait for the right time to short - which of course is boring lol ..
Is the "Buy" button for your terminal out being re-gripped?
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #429,914
  • Apr 28, 2016 11:12am Apr 28, 2016 11:12am
Quoting dean1star
Still waiting to go short - but then its months end - bank holiday is on its way - so that makes what NFP next friday - so shall wait for the right time to short - which of course is boring lol ..
its also cheap.. well free
  • #429,915
  • Apr 28, 2016 11:13am Apr 28, 2016 11:13am
Quoting Magix
{quote} Is the "Buy" button for your terminal out being re-gripped?
​what do u have for GU then? I figure I may as well ask for your input to see how it compares eh
  • #429,916
  • Apr 28, 2016 11:27am Apr 28, 2016 11:27am
alright, enuf of posting scalps just for realtime handson

lets talk long term, using bands ; weekly

what do you see ; will you buy here or wait

unless h4 bands mid breaks no use thinking shorts <-- remember this while deciding

Attached Image
  • #429,917
  • Apr 28, 2016 11:30am Apr 28, 2016 11:30am
Quoting Don96
{quote} ​what do u have for GU then? I figure I may as well ask for your input to see how it compares eh
1.48.

I posted on Sunday...Have had no reason to revise my target.

Follow the crumbs backwards.

Link
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #429,918
  • Apr 28, 2016 11:31am Apr 28, 2016 11:31am
Quoting Don96
{quote} its also cheap.. well free
yeh now thats funny Don .. nice one
  • #429,919
  • Apr 28, 2016 11:36am Apr 28, 2016 11:36am
Quoting PatienceFx
alright, enuf of posting scalps just for realtime handson lets talk long term, using bands ; weekly what do you see ; will you buy here or wait unless h4 bands mid breaks no use thinking shorts <-- remember this while deciding {image}
lets make it simpler

this is h4 ; bands ; 3 weeks in a row uptrend ; parked near 2015 lows

what will you do

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  • #429,920
  • Apr 28, 2016 11:38am Apr 28, 2016 11:38am
Quoting PatienceFx
alright, enuf of posting scalps just for realtime handson lets talk long term, using bands ; weekly what do you see ; will you buy here or wait unless h4 bands mid breaks no use thinking shorts <-- remember this while deciding {image}
​do you only use bands for your trades?
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