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Cable Update (GBPUSD)

  • #430,701
  • May 11, 2016 2:55am May 11, 2016 2:55am
Get well and stay well.

Quoting HaLBot
{quote} I had flu like symptoms last week, just getting better now and I can tell you, don't try and trade while sick dropped about 8.5%
Do your homework, follow the footprints of smart money
  • #430,702
  • May 11, 2016 2:58am May 11, 2016 2:58am
Quoting Don96
{quote} I know, but its every single morning, if people want to go in the thread, they'll go in it
Don, not every single morning; and not the same quote or copied info. I try to do what we are supposed to do as FF members. Green pips to you.

KP
Do your homework, follow the footprints of smart money
  • #430,703
  • May 11, 2016 2:58am May 11, 2016 2:58am
I was expecting a pre GBP news rally, maybe a bit of a jump in 10 minutes
Don't Leave Money on the Table
  • #430,704
  • May 11, 2016 3:14am May 11, 2016 3:14am
Quoting HaLBot
I was expecting a pre GBP news rally, maybe a bit of a jump in 10 minutes
i was not in room na
  • #430,705
  • May 11, 2016 3:14am May 11, 2016 3:14am
Looking for the same recipe Long but after this sharp fall I'm waiting for a double bottom so entry should be @ 1.4422 with a 1st target @ 1.4445 and the 2nd one @ 1.4459.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD-5M-20160511.jpg Size: 183 KB
  • #430,706
  • May 11, 2016 3:18am May 11, 2016 3:18am
Quoting PatienceFx
{quote} i was not in room na
Patience going long with a billion
Don't Leave Money on the Table
  • #430,707
  • May 11, 2016 3:19am May 11, 2016 3:19am
Quoting Jonstaples
Looking for the same recipe Long but after this sharp fall I'm waiting for a double bottom so entry should be @ 1.4422 with a 1st target @ 1.4445 and the 2nd one @ 1.4459. {image}
current chart tech on my chart is pointing to a weak manufacturing data
  • #430,708
  • May 11, 2016 3:19am May 11, 2016 3:19am
Quoting HaLBot
{quote} Patience going long with a billion
sure ......... on demo
  • #430,709
  • May 11, 2016 3:22am May 11, 2016 3:22am
Just think, pre GFC there would have been a 100 pips rally on GBP pre news.......sigh
Don't Leave Money on the Table
  • #430,710
  • May 11, 2016 3:24am May 11, 2016 3:24am
Quoting HaLBot
Just think, pre GFC there would have been a 100 pips rally on GBP pre news.......sigh
if you look at weekly ATR then this is the dullest week ever
  • #430,711
  • May 11, 2016 3:25am May 11, 2016 3:25am
Quoting HaLBot
Just think, pre GFC there would have been a 100 pips rally on GBP pre news.......sigh
i was busy riding yen pairs
  • #430,712
  • May 11, 2016 3:26am May 11, 2016 3:26am
Quoting PatienceFx
{quote} if you look at weekly ATR then this is the dullest week ever
That's amazing....
Don't Leave Money on the Table
  • #430,713
  • May 11, 2016 3:28am May 11, 2016 3:28am
pre news chart, nothing worth trading

Attached Image
  • #430,714
  • May 11, 2016 3:31am May 11, 2016 3:31am
wow cable spiked on news
  • #430,715
  • May 11, 2016 3:32am May 11, 2016 3:32am
Quoting PatienceFx
wow cable spiked on news
LOL
Don't Leave Money on the Table
  • #430,716
  • May 11, 2016 3:32am May 11, 2016 3:32am
Quoting PatienceFx
{quote} current chart tech on my chart is pointing to a weak manufacturing data
this is what i was saying and look what the data came
  • #430,717
  • May 11, 2016 3:40am May 11, 2016 3:40am
Quoting PatienceFx
{quote} this is what i was saying and look what the data came
What chart tech is that, that it can predict what the data says? I'd like to know but also understand
Don't Leave Money on the Table
  • #430,718
  • May 11, 2016 3:43am May 11, 2016 3:43am
20 sma break on daily and support on `weekly is what is holding cable

weekly wants cable to rise daily wants to kill it
  • #430,719
  • May 11, 2016 3:45am May 11, 2016 3:45am
Quoting HaLBot
{quote} What chart tech is that, that it can predict what the data says? I'd like to know but also understand
oh yes my tech charts even predict when i am going to meet my next date and how she will look like
  • #430,720
  • May 11, 2016 3:47am May 11, 2016 3:47am
Quoting HaLBot
{quote} What chart tech is that, that it can predict what the data says? I'd like to know but also understand
just using basic sma nothing more, it just gives market sentiment ;; i would call moving averages as market sentiment nothing more
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