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Cable Update (GBPUSD)

  • #430,081
  • Apr 29, 2016 10:20am Apr 29, 2016 10:20am
Absolutely crazy price action today during US session. I mean, 50 pip retrace and back within 1 hour candle? And then hitting the multi month high a drop by 50 again within 10 minutes?
  • #430,082
  • Apr 29, 2016 10:22am Apr 29, 2016 10:22am
​30 pip 1 minute candle...
Just 20 pips a day to riches
  • #430,083
  • Apr 29, 2016 10:25am Apr 29, 2016 10:25am
Quoting mades
Absolutely crazy price action today during US session. I mean, 50 pip retrace and back within 1 hour candle? And then hitting the multi month high a drop by 50 again within 10 minutes?
Idd ...
Attached Image (click to enlarge)
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What's that smell? ---- I smell money!
  • #430,084
  • Apr 29, 2016 10:27am Apr 29, 2016 10:27am
Quoting FastPipn
​30 pip 1 minute candle...
​GJ did 60

xx/JPY getting closes for end of month, my Long probs going to get wiped from being +90
  • #430,085
  • Apr 29, 2016 10:30am Apr 29, 2016 10:30am
alright i closed out 0 ; h4 / daily need a rest

will think about fresh trade later next week

thanks to month end / friday close i was able to get out at be
  • #430,086
  • Apr 29, 2016 10:31am Apr 29, 2016 10:31am
Quoting Marz30
magix how do you make charts like that, is that another time frame overlay?
Hello all. Been following quietly for a few days. Very entertaining and some really good analysis.

Marz, he uses an indicator like this one but I don't think it is this exact one.

Attached File(s)
File Type: ex4 CustomCandle7.ex4   8 KB | 276 downloads
Indentify > Plan > Accept > Execute
  • #430,087
  • Apr 29, 2016 10:32am Apr 29, 2016 10:32am
Quoting Don96
{quote} ​GJ did 60 xx/JPY getting closes for end of month, my Long probs going to get wiped from being +90
it was dumb holding that long but thanks to you i could get out at 0
  • #430,088
  • Apr 29, 2016 10:37am Apr 29, 2016 10:37am
Quoting PatienceFx
{quote} it was dumb holding that long but thanks to you i could get out at 0
I'm long on EJ...
  • #430,089
  • Apr 29, 2016 10:49am Apr 29, 2016 10:49am
one thing I hate is the unpredictability of price as dean says


Quoting Bones
looks like auds version evening star to me {quote} {image} {image}
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #430,090
  • Apr 29, 2016 10:56am Apr 29, 2016 10:56am
40pip

see ya next week

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Closer To Dream
  • #430,091
  • Apr 29, 2016 11:40am Apr 29, 2016 11:40am
great can't wait make sure you keep me updated on your days trading ,you know long ,still long type stuff its very handy

Quoting edgartan
40pip see ya next week {image}
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #430,092
  • Apr 29, 2016 11:59am Apr 29, 2016 11:59am
makes sense

Quoting Don96
{quote} I'm long on EJ...
Attached Image(s) (click to enlarge)
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #430,093
  • Apr 29, 2016 12:26pm Apr 29, 2016 12:26pm
Quoting Bones
makes sense {quote} {image} {image} {image}
If it holds through the weekend :/
LOL there it goes l - 90 to 0, didn't even make it to close
  • #430,094
  • Apr 29, 2016 12:28pm Apr 29, 2016 12:28pm
well that's the thing know one knows


Quoting Don96
{quote} If it holds through the weekend :/
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #430,095
  • Apr 29, 2016 12:31pm Apr 29, 2016 12:31pm
its still an evening star ignore the wick and that's a doji cross ,therefore I doubt a break of range yet, its called posting an idea ,putting your neck on the line ,and btw being right a lot



Quoting Bones
I know its a long way to close and all that , but something like this is difficult to alter ,evening star now ,10 gmt tonight prob still be that ,add that to location cable ,bearish daily yesturday,even bearish $ ,cable will struggle to break free north {image}
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #430,096
  • Apr 29, 2016 12:36pm Apr 29, 2016 12:36pm
course I fear the 15 min chart traders telling me where its going ,
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #430,097
  • Apr 29, 2016 1:11pm Apr 29, 2016 1:11pm
Quoting FastPipn
{quote} ​To 1.45800
Hi Fast Pipn
Finally it touched 1.458 to be exact 1.45878
  • #430,098
  • Edited 3:40pm Apr 29, 2016 1:42pm | Edited 3:40pm
you need to see sight of d1 ,d1 can bring cable down to a better level ,I would say the tl ,its not going to hold
depending on the tf your on is how long candles work its that simple
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #430,099
  • Apr 29, 2016 2:19pm Apr 29, 2016 2:19pm
Quoting fxmasterdxb
{quote} and congrats to the bulls i hopped on the train @ 1.4650 and will unload @ 1.470
carrying over the weekend then on what 40 - 50 pips on minus - another one of your great trades ..
  • #430,100
  • Apr 29, 2016 2:46pm Apr 29, 2016 2:46pm
Quoting falconz13
Where is elbert? Any option expired today?
Here sir how can I help you, ..????
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