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Cable Update (GBPUSD)

  • #430,581
  • May 6, 2016 3:18am May 6, 2016 3:18am
Quoting elbert3
{image}
Don't Leave Money on the Table
  • #430,582
  • May 6, 2016 4:33am May 6, 2016 4:33am
Quoting HaLBot
{quote}
well it looks like a good place to trade it sl below and might short it if it breaks the line , 4500 first gl , regards
  • #430,583
  • May 6, 2016 7:21am May 6, 2016 7:21am
Now is the time long gbp and eu..........
big move comes........
joine me mql5.........
  • #430,584
  • May 6, 2016 7:29am May 6, 2016 7:29am
Long right before the kick off.
  • #430,585
  • May 6, 2016 7:36am May 6, 2016 7:36am
Quoting dean1star
Long right before the kick off.
what sort of strategy do you employ to go long on news like that?
Don't Leave Money on the Table
  • #430,586
  • May 6, 2016 7:36am May 6, 2016 7:36am
Would be surprised if the price breaks high today thats like way to easy for everyone to make some money of the news lol .. and easy aint apart of this gig ..
staying in range
  • #430,587
  • May 6, 2016 7:38am May 6, 2016 7:38am
Quoting dean1star
Long right before the kick off.
Correct action. Good Luck.
  • #430,588
  • May 6, 2016 7:39am May 6, 2016 7:39am
close all order....have a nice weekend.........
joine me mql5.........
  • #430,589
  • May 6, 2016 7:39am May 6, 2016 7:39am
Quoting arasheed
{quote} Correct action. Good Luck.
Long position - but its going lower first for sure ..
  • #430,590
  • May 6, 2016 7:39am May 6, 2016 7:39am
Quoting iran_trader
close all order....have a nice weekend.........
Cheers
Don't Leave Money on the Table
  • #430,591
  • May 6, 2016 7:51am May 6, 2016 7:51am
Quoting HaLBot
{quote} Cheers
Thing is Hal .. time of year plus recent stats from the USA were not so great. Led me to go long
  • #430,592
  • May 6, 2016 8:03am May 6, 2016 8:03am
Going long for a 61.8 retrace
Attached Image (click to enlarge)
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  • #430,593
  • May 6, 2016 8:14am May 6, 2016 8:14am
I too am looking for an appropriate entry for a long position. I think it might be a little early at the moment though.
  • #430,594
  • May 6, 2016 8:17am May 6, 2016 8:17am
Quoting dean1star
{quote} Thing is Hal .. time of year plus recent stats from the USA were not so great. Led me to go long
yep it was a good call
Don't Leave Money on the Table
  • #430,595
  • May 6, 2016 8:22am May 6, 2016 8:22am
Quoting HaLBot
{quote} yep it was a good call
Position trade - as its going lower for sure .. if it heads higher then cool ..
  • #430,596
  • Edited 10:43am May 6, 2016 9:53am | Edited 10:43am
yep ,I've heard that before ,selling is the new buying
http://www.forexfactory.com/showthre...59#post7753859
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Click to Enlarge Name: USD (DFB).png Size: 22 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #430,597
  • May 6, 2016 9:58am May 6, 2016 9:58am
There's a possible wave [iii] in progress, which could form an extension.
Attached Image
Trend is your the best friend. Ever
  • #430,598
  • May 6, 2016 10:20am May 6, 2016 10:20am
GU now testing 4-hour support and MP. Making room for further southward push?

KP
Do your homework, follow the footprints of smart money
  • #430,599
  • Edited 10:55am May 6, 2016 10:31am | Edited 10:55am
Recent trading history (last 10 years, excluding the 2008 and 2009 crisis) suggests that short GBPUSD in May is only way to trade. Resistance is futile!
Ecclesiastes 1:9
  • #430,600
  • May 6, 2016 10:55am May 6, 2016 10:55am
down trend continues then .. they have a way of telling you things lol ..
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