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Cable Update (GBPUSD)

  • #431,201
  • Edited 8:18am May 23, 2016 8:06am | Edited 8:18am
I opened a short position after the pair broke below 1.4500. It's still open, I think next target is around 1.4420 - 1.4400.
  • #431,202
  • Edited 8:57am May 23, 2016 8:33am | Edited 8:57am
is hybrid a mix between right and wrong

Quoting Ill-b-back
{quote} The actual "Monday" thing was just a hunch based on the Cable swings I was watching but only just highligted on charts now to illustrate what was in my mind. Cable loves to take out swing highs and lows to clear stops and complete "sweeps" as another trader well termed it. This pair representing the 2 most manipulative and prosecuted financial centres in the world, this is not surprising. Hitting the untested 88.6 fib and hybrid retest was my clue of what was to come. I don't think will hit 42ish area today as I thought we might though {image}...
Attached Image(s) (click to enlarge)
Click to Enlarge Name: USD hybrid (DFB).png Size: 38 KB
Click to Enlarge Name: gbp usd d2 USD (DFB).png Size: 25 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #431,203
  • May 23, 2016 8:38am May 23, 2016 8:38am
Sharp decline today.
  • #431,204
  • May 23, 2016 9:04am May 23, 2016 9:04am
Quoting PaulDaemon
{quote} yes buy at 1.44720 {image} Already in profit so move sl in the green {image}
got stopped out last time for 2 pips try again for 35 pips.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 51 KB
20 Pips a day keeps centerlink away
  • #431,205
  • May 23, 2016 9:09am May 23, 2016 9:09am
Cable should complete the 5th leg of this move down by wednesday hopefully.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 43 KB
Trading Eternal...... Shiny & Chrome!!!!
  • #431,206
  • May 23, 2016 9:19am May 23, 2016 9:19am
looks like it's tryin to get back to 4500...
Don't Leave Money on the Table
  • #431,207
  • May 23, 2016 10:58am May 23, 2016 10:58am
Quoting FastPipn
​Sell G/U at 1.4480 Target 1.4445
​Filled +35 pips
Just 20 pips a day to riches
  • #431,208
  • May 23, 2016 12:27pm May 23, 2016 12:27pm
Quoting Rescue.Forex
as i mentioned before guys i am on sell so that is what i have done and will be looking to sell near or anove 1.4530-40 and target will be 1.4400 and then we will see what happens after that.. Good luck Folks Wish you all the Best..
As i said Pound is good to sell for now and to be honest it is going good so far
anyways closed + 60 i mentioned the level i was looking to enter 1.4530-40 both orders hit and closed 1 +60 now and letting other run lets see if i can see 1.4XX level any time soon..
Green pips to all
  • #431,209
  • May 23, 2016 12:51pm May 23, 2016 12:51pm
Quoting Bones
is hybrid a mix between right and wrong {quote} {image} {image}
what do you mean?
Come with me if you want to live....
  • #431,210
  • Edited 2:48pm May 23, 2016 2:08pm | Edited 2:48pm
chart is good ,
,all I'm saying is maybe there is an actual tl there ,

but it difficult to make anything out of the space were in
Attached Image (click to enlarge)
Click to Enlarge Name: USD hybrid (DFB).png Size: 59 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #431,211
  • May 23, 2016 4:37pm May 23, 2016 4:37pm
Quoting Bones
chart is good , ,all I'm saying is maybe there is an actual tl there , but it difficult to make anything out of the space were in {image}
right yep see what you mean. Thx
Come with me if you want to live....
  • #431,212
  • May 24, 2016 12:44am May 24, 2016 12:44am
Cable Possibly?
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 28 KB
Trading Eternal...... Shiny & Chrome!!!!
  • #431,213
  • May 24, 2016 1:29am May 24, 2016 1:29am
"Rally Rally Rally"

"Whata want"

"A Rally"

"When do you want it!"

"NOW!!!!!!!"..........LOL
Don't Leave Money on the Table
  • #431,214
  • May 24, 2016 1:46am May 24, 2016 1:46am
Quoting iamawaited
Cable Possibly? {image}
Yep could go either way, indecision candle on Daily yesterday.....
Don't Leave Money on the Table
  • #431,215
  • May 24, 2016 1:50am May 24, 2016 1:50am
H4 CANDLE showing very strong move to come, but the problem is where it will go. up or down???

Prepare your safety belt for the storm
  • #431,216
  • May 24, 2016 2:03am May 24, 2016 2:03am
Quoting KucinkGaronk
H4 CANDLE showing very strong move to come, but the problem is where it will go. up or down??? Prepare your safety belt for the storm
Why is that, because 4hr building a flag pattern????

http://thinkforex.ctrader.com/images/screens/fcLbn.png
Don't Leave Money on the Table
  • #431,217
  • May 24, 2016 2:06am May 24, 2016 2:06am
​G/U short 1.4490 Target 1.4425
Just 20 pips a day to riches
  • #431,218
  • May 24, 2016 2:16am May 24, 2016 2:16am
my safetybelt is on we can go down now by lots and lots of pips

Quoting HaLBot
{quote} Why is that, because 4hr building a flag pattern???? {image}
  • #431,219
  • May 24, 2016 2:24am May 24, 2016 2:24am
Quoting HaLBot
{quote} Yep could go either way, indecision candle on Daily yesterday.....
UJ has found what looks like a strong temporary support.. So i see GU being bearish as my chart says. it is forex so anything is possible! but i love bears for now!
MY UJ CHART!
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYH1.png Size: 31 KB
Trading Eternal...... Shiny & Chrome!!!!
  • #431,220
  • May 24, 2016 2:31am May 24, 2016 2:31am
I'd be careful about expecting a decline.....due diligence required whether up or down
Don't Leave Money on the Table
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