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Cable Update (GBPUSD)

  • #437,001
  • Aug 17, 2016 9:17am Aug 17, 2016 9:17am
Two winning trades today from 3050-3000 and then again from 3025-3000. For what is it worth I believe the risk is to the upside for the Fed minutes (I would be short if taking a position but I think I will sit it out as I am happy with my days gain so far).
  • #437,002
  • Aug 17, 2016 9:34am Aug 17, 2016 9:34am
Quoting FastPipn
Short GU 1.30000 Target 1.2957
u shorted psichology level 3000 ...
  • #437,003
  • Aug 17, 2016 9:49am Aug 17, 2016 9:49am
Quoting pointlessfor
{quote} u shorted psichology level 3000 ...
short now tp 1.29930
Attached Image (click to enlarge)
Click to Enlarge Name: gbp3.JPG Size: 98 KB
  • #437,004
  • Aug 17, 2016 9:54am Aug 17, 2016 9:54am
Quoting onlytrading
Two winning trades today from 3050-3000 and then again from 3025-3000. For what is it worth I believe the risk is to the upside for the Fed minutes (I would be short if taking a position but I think I will sit it out as I am happy with my days gain so far).
Very good. Sit it out until you have the right set up for your next trade.

KP
Do your homework, follow the footprints of smart money
  • #437,005
  • Aug 17, 2016 10:19am Aug 17, 2016 10:19am
Quoting pointlessfor
{quote} u shorted psichology level 3000 ...
Will break down
Just 20 pips a day to riches
  • #437,006
  • Aug 17, 2016 10:46am Aug 17, 2016 10:46am
Quoting michellperez
{quote} short now tp 1.29930 {image}
no
  • #437,007
  • Aug 17, 2016 10:52am Aug 17, 2016 10:52am
1.3000 is very strong support for now....
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDmH4.png Size: 34 KB
  • #437,008
  • Aug 17, 2016 10:52am Aug 17, 2016 10:52am
Quoting kk300
1.3000 is very strong support for now....
yes
  • #437,009
  • Aug 17, 2016 11:01am Aug 17, 2016 11:01am
Quoting kk300
1.3000 is very strong support for now.... {image}
we have same long. but my sl 7 pips
  • #437,010
  • Aug 17, 2016 11:03am Aug 17, 2016 11:03am
Quoting pointlessfor
{quote} we have same long. but my sl 7 pips
nice...
  • #437,011
  • Aug 17, 2016 11:05am Aug 17, 2016 11:05am
Quoting FastPipn
Short GU 1.30000 Target 1.2957
Its clear your strategy is like scalping grid. I recommend you write about mid-term or long-term. Scalping dont helps to understand next movements and can confuse people about real entries
Try don't lose pants never...
  • #437,012
  • Aug 17, 2016 11:06am Aug 17, 2016 11:06am
Quoting FastPipn
{quote} Will break down
i agree
and i will be looking for 1.2920-30 area to buy again and hope fully 1.3200 is my final target,
and with that will be looking to buy GBPUSD GBPJPY GBPAUD GBPNZD
i was with OANDA but i am Not american so don't need USA broker just liked the challenge so with FIFO rule and 50:1 leverage i did good,
and i uploaded the Screen shot not to brag just saying i am happy i actually made profit in forex for long time,

not its time to move forward so i went ot normal broker, i just attached my Live ACC with Trade EXplorer,
its very very different when you are working with Live account then DEMO,
Emotions, Greed, always thinking i should have entered here or there, believe me making money in forex is not easy like before,
i cam e back after 3 years in FOrex again,
and i am hoping to do it again what i did 3 years ago and this time i am not here for just a year or 2 this time i am here for long long time, hopefully until i retire so
Wish me Luck Guys,
i have learned a lot and lot from Forexfactory believe me if iam successful maybe 50% goes just to ForexFactory,
i had some great teachers and friends, which i do not see anymore i dont know why??
maybe Retired.
anyways long story short,
Buying Pound when it is down, i know there is Rumors about 1.25 test but i dont think so not this month atleast, i am looking for 1.3200 and then we will see where it goes..
Good Luck guys but be very careful with Pound it can be scary tomorrow things can change..
Attached Image (click to enlarge)
Click to Enlarge Name: 7-26-2016 capture.jpg Size: 137 KB
  • #437,013
  • Aug 17, 2016 11:11am Aug 17, 2016 11:11am
Quoting Rescue.Forex
{quote} i agree and i will be looking for 1.2920-30 area to buy again and hope fully 1.3200 is my final target, and with that will be looking to buy GBPUSD GBPJPY GBPAUD GBPNZD i was with OANDA but i am Not american so don't need USA broker just liked the challenge so with FIFO rule and 50:1 leverage i did good, and i uploaded the Screen shot not to brag just saying i am happy i actually made profit in forex for long time, not its time to move forward so i went ot normal broker, i just attached my Live ACC with Trade EXplorer, its very very different...
  • #437,014
  • Aug 17, 2016 11:23am Aug 17, 2016 11:23am
if the market expectation is fed wont raise the rate, would it be easy to assume that this afternoon's meeting minutes would be hawkish? fed wants to have all the options on the table. dovish minutes won't be a good strategy to caliber market expectation.
  • #437,015
  • Aug 17, 2016 11:37am Aug 17, 2016 11:37am
cable looks something like this today... about to make a new low by the looks of it
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 18 KB
  • #437,016
  • Aug 17, 2016 11:42am Aug 17, 2016 11:42am
Its a possibility. But when take long SLs I think will go higher...
Attached Image
Try don't lose pants never...
  • #437,017
  • Aug 17, 2016 11:46am Aug 17, 2016 11:46am
Quoting kk300
{quote} nice...
now should go up
  • #437,018
  • Aug 17, 2016 11:56am Aug 17, 2016 11:56am
GU has found bottom on H1 but i am waiting for EGBP to hit the level in that circle before i can go long happily on GU martingale style. Else no trade for me.!!
Attached Image (click to enlarge)
Click to Enlarge Name: EURGBPH10.png Size: 30 KB
Trading Eternal...... Shiny & Chrome!!!!
  • #437,019
  • Aug 17, 2016 12:03pm Aug 17, 2016 12:03pm
Quoting iamawaited
GU has found bottom on H1 but i am waiting for EGBP to hit the level in that circle before i can go long happily on GU martingale style. Else no trade for me.!! {image}
thank you i'm long to
  • #437,020
  • Aug 17, 2016 12:07pm Aug 17, 2016 12:07pm
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 41 KB
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