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Cable Update (GBPUSD)

  • #429,981
  • Apr 29, 2016 1:09am Apr 29, 2016 1:09am
Quoting HaLBot
Arasheed how is the straddle strategy working out????
It is working Nice, but requires some effort. see the the result while Iwas away.
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  • #429,982
  • Apr 29, 2016 1:19am Apr 29, 2016 1:19am
Quoting PatienceFx
booked all longs 4650, waiting for a dip to 4612 to buy again for next move {image}
Hey Patience, theres a lot of things I don't understand about FX and I'm trying to get my head around your new buy in price of 1.4612?
Don't Leave Money on the Table
  • #429,983
  • Apr 29, 2016 1:22am Apr 29, 2016 1:22am
Quoting iampatrik
SHORT {image} {image}
I'M in
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  • #429,984
  • Apr 29, 2016 1:37am Apr 29, 2016 1:37am
4880 (area) max for the bulls.
IF we get there, time to short hard
Come with me if you want to live....
  • #429,985
  • Apr 29, 2016 1:53am Apr 29, 2016 1:53am
Quoting Ill-b-back
4880 (area) max for the bulls. IF we get there, time to short hard
are you saying in the euro/US session you expect it to get to 4880?
Don't Leave Money on the Table
  • #429,986
  • Apr 29, 2016 1:55am Apr 29, 2016 1:55am
magix how do you make charts like that, is that another time frame overlay?
TE started 6/4/19
  • #429,987
  • Apr 29, 2016 1:58am Apr 29, 2016 1:58am
Quoting HaLBot
{quote} are you saying in the euro/US session you expect it to get to 4880?
I wouldn't know when or even if it will. I have sell limits around there waiting. If it doesn't get there, I watch PA for a time to short at market. Just going with the longer term monthly/weekly trend as we begin moving into resistance.
Come with me if you want to live....
  • #429,988
  • Apr 29, 2016 2:37am Apr 29, 2016 2:37am
Waiting to go short below 1.4630 with a first target @ 1.4605 and a second one at 1.4578.

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  • #429,989
  • Apr 29, 2016 2:52am Apr 29, 2016 2:52am
hi,
take care today when you trade usd today.
dollar index is near major support tested in may and august 2015.
last hour confirm that we will have some reaction from usd here.

all the best!
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  • #429,990
  • Apr 29, 2016 2:54am Apr 29, 2016 2:54am
Quoting Jonstaples
Waiting to go short below 1.4630 with a first target @ 1.4605 and a second one at 1.4578. {image}
Shorted at 4660 (*Weekly R2) = 250-pip weekly candle = exhausted. Rarely do I go against the trend, but it looks highly probable.
stop 4665
target 4610
waiting patiently
  • #429,991
  • Apr 29, 2016 3:03am Apr 29, 2016 3:03am
It's been wanting to go down a bit. End of the week and month and all that.
All those bulls need to be given the matador treatment.
Price is going up, yet good sell side opportunities keep showing up.... hmmm
  • #429,992
  • Apr 29, 2016 3:28am Apr 29, 2016 3:28am
break 1.4620 (yesterday high)
already short @1.4649 TP @1.3860
Don't trust me. I'm still newbie
  • #429,993
  • Apr 29, 2016 3:51am Apr 29, 2016 3:51am
long term ; weekly

Attached Image
  • #429,994
  • Apr 29, 2016 4:04am Apr 29, 2016 4:04am
Quoting PatienceFx
long term ; weekly {image}
did you click buy instead of sell?
  • #429,995
  • Apr 29, 2016 4:06am Apr 29, 2016 4:06am
Sticking long
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  • #429,996
  • Apr 29, 2016 4:11am Apr 29, 2016 4:11am
Quoting Don96
{quote} did you click buy instead of sell?
yup

but no worries, my trading style will auto correct the damage
  • #429,997
  • Apr 29, 2016 4:20am Apr 29, 2016 4:20am
This is a fake downtrend, we haven't hit 1.4670. That's a massive sell zone.
  • #429,998
  • Apr 29, 2016 4:22am Apr 29, 2016 4:22am
if it hold above 4576 it should go back up to at least the 4640 IMHO, that's if it holds LOL
Don't Leave Money on the Table
  • #429,999
  • Apr 29, 2016 4:22am Apr 29, 2016 4:22am
the 4640 area
Don't Leave Money on the Table
  • #430,000
  • Apr 29, 2016 4:23am Apr 29, 2016 4:23am
​1.466x was a double top if your going to buy, wait for the retrace first ​ , or short for 100 on the DT
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