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Cable Update (GBPUSD)

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  • Post #437,121
  • Quote
  • Aug 18, 2016 6:53am Aug 18, 2016 6:53am
  •  onlytrading
  • | Joined Aug 2016 | Status: Member | 17 Posts
Zone of 3160-3175 is bounce/resistance zone from July. I take a short of 3160 with s/l @ 3180
 
 
  • Post #437,122
  • Quote
  • Aug 18, 2016 6:58am Aug 18, 2016 6:58am
  •  onlytrading
  • | Joined Aug 2016 | Status: Member | 17 Posts
Also the $ basket is at a support point of 9430 which it has not been able to break past this last few days, I hope for bounce off this level, if no bounce then the $ could fall further which means LONG is good for cable. I expect bounce however hence why I took a short.
 
 
  • Post #437,123
  • Quote
  • Aug 18, 2016 7:01am Aug 18, 2016 7:01am
  •  USDollar
  • Joined Sep 2013 | Status: Member | 2,999 Posts
#GBPUSD pyramid trading has begun, long @ 1.2911 & 1.3085 / Trailing SL 1.2976 / C 1.3319 Kudos to those who are Long
Attached Image
"W. D. Gann said that time is the most important factor among all things."
 
 
  • Post #437,124
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  • Aug 18, 2016 7:08am Aug 18, 2016 7:08am
  •  yuddy
  • | Joined Jun 2011 | Status: Member | 635 Posts
Quoting james4real
Disliked
Good day my fellow comrade, am waiting for the new from USD Unemployment Claims then we know if GU is moving north, no hurry
Ignored
real talk, but surefire traders predict the game. i see 1.32xx coming today.who see that too?
 
 
  • Post #437,125
  • Quote
  • Edited 7:42am Aug 18, 2016 7:09am | Edited 7:42am
  •  Dr.Phoenix
  • Joined Mar 2012 | Status: turning probability into profit | 1,550 Posts
Quoting USDollar
Disliked
#GBPUSD pyramid trading has begun, long @ 1.2911 & 1.3085 / Trailing SL 1.2976 / C 1.3319 Kudos to those who are Long {image}
Ignored
Hi, USDollar,

I'm in

Long 1,2870
Long 1.2980
Target 1.3325

as well

Best,
D.P.

P.S. Have you seen my PM?

Quoting Dream_trader
Disliked
Sell @1.3170 TP (1) @1.3100 TP (2) @1.3080 SL @1.3210
Ignored
You seem to be right.
I see weakness intraday, volume is increasing on bars down.

D.P.
Hunting High and Low
 
 
  • Post #437,126
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  • Aug 18, 2016 7:19am Aug 18, 2016 7:19am
  •  USDollar
  • Joined Sep 2013 | Status: Member | 2,999 Posts
Quoting Dr.Phoenix
Disliked
{quote} Hi, USDollar, I'm in Long 1,2870 Long 1.2980 Target 1.3325 as well Best, D.P. P.S. Have you seen my PM? {quote} You seem to be right. I see weekness intraday, volume is increasing on bars down. D.P.
Ignored
ahh yes will answer you now
"W. D. Gann said that time is the most important factor among all things."
 
 
  • Post #437,127
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  • Aug 18, 2016 7:20am Aug 18, 2016 7:20am
  •  Don96
  • Joined Dec 2015 | Status: Member | 7,803 Posts
Quoting Dream_trader
Disliked
Sell @1.3170 TP (1) @1.3100 TP (2) @1.3080 SL @1.3210
Ignored
Did you get in at 70 ?
 
 
  • Post #437,128
  • Quote
  • Edited 7:41am Aug 18, 2016 7:24am | Edited 7:41am
  •  Dr.Phoenix
  • Joined Mar 2012 | Status: turning probability into profit | 1,550 Posts
Quoting Don96
Disliked
{quote} Did you get in at 70 ?
Ignored
Sorry, the question is not for me....

Nop.

But I am awaiting move up Edited. it is coming...


Best
D.P.
Hunting High and Low
 
 
  • Post #437,129
  • Quote
  • Aug 18, 2016 7:24am Aug 18, 2016 7:24am
  •  Makavell
  • | Joined Mar 2013 | Status: Member | 496 Posts
Quoting Makavell
Disliked
We should see 1.3170 by Monday or Tuesday next week and retrace back to 1.2900
Ignored
Not selling yet. Ill wait till early Asian open morrow morning
 
 
  • Post #437,130
  • Quote
  • Aug 18, 2016 7:28am Aug 18, 2016 7:28am
  •  kk300
  • Joined Jan 2015 | Status: Member | 1,162 Posts
Short term trade...
Attached Image (click to enlarge)
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Name: GBPUSDmH4 12.png
Size: 36 KB
 
 
  • Post #437,131
  • Quote
  • Aug 18, 2016 7:41am Aug 18, 2016 7:41am
  •  Don96
  • Joined Dec 2015 | Status: Member | 7,803 Posts
white lines may be some support st... places to look for longs circled in red...

white lines circled in green are bigger ones to look for... may be invalid, ill see how next hours close


could be bullish flag
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Size: 40 KB
 
 
  • Post #437,132
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  • Aug 18, 2016 7:50am Aug 18, 2016 7:50am
  •  aymansalah
  • | Joined Sep 2008 | Status: Humble learner | 25 Posts
Quoting iamawaited
Disliked
{quote} u do not need to worry. Traders here know they follow at their own RISK and they know that those making money do not post too often.
Ignored
 
 
  • Post #437,133
  • Quote
  • Aug 18, 2016 7:51am Aug 18, 2016 7:51am
  •  Dr.Phoenix
  • Joined Mar 2012 | Status: turning probability into profit | 1,550 Posts
Quoting Dr.Phoenix
Disliked
{quote} Hi, USDollar, I'm in Long 1,2870 Long 1.2980 Target 1.3325 as well Best, D.P. P.S. Have you seen my PM? {quote} You seem to be right. I see weakness intraday, volume is increasing on bars down. D.P.
Ignored
buyers is being appeared @ 31500

D.P.
Hunting High and Low
 
 
  • Post #437,134
  • Quote
  • Aug 18, 2016 8:00am Aug 18, 2016 8:00am
  •  Don96
  • Joined Dec 2015 | Status: Member | 7,803 Posts
Quoting Don96
Disliked
{quote} you will get it without 3175 being beaten... stops just above probs best RR...
Ignored
watching that 3175 number... above and I've got 1.3244 and 1.33133/427
 
 
  • Post #437,135
  • Quote
  • Aug 18, 2016 8:07am Aug 18, 2016 8:07am
  •  Ill-b-back
  • Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
3076 area looks like support
Attached Image(s) (click to enlarge)
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Come with me if you want to live....
 
 
  • Post #437,136
  • Quote
  • Aug 18, 2016 8:10am Aug 18, 2016 8:10am
  •  pointlessfor
  • Joined Mar 2016 | Status: Member | 1,612 Posts
yeah longs comming !!! care shorters ...
 
 
  • Post #437,137
  • Quote
  • Aug 18, 2016 8:11am Aug 18, 2016 8:11am
  •  Wdfx
  • | Joined Aug 2016 | Status: Member | 667 Posts
Closed 110 pips so far on the GBPUSD back in at 1.3150 with a tighter stop (15 pips) Targeting 1.3220. Also having a good day shorting the USDJPY. made up for earlier losses this week
Striving for consistency
 
 
  • Post #437,138
  • Quote
  • Aug 18, 2016 8:15am Aug 18, 2016 8:15am
  •  Bones
  • Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 22,789 Posts
range is confirmed now ,d1 looks continuation

Quoting Bones
Disliked
consider location gbp v nzd ? ,see d1 close {image} {image}
Ignored
Attached Image(s) (click to enlarge)
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#doyourownanalysisordietryin
 
 
  • Post #437,139
  • Quote
  • Aug 18, 2016 8:20am Aug 18, 2016 8:20am
  •  Bones
  • Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 22,789 Posts
gbp nzd
Attached Image (click to enlarge)
Click to Enlarge

Name: NZD (DFB).png
Size: 28 KB
#doyourownanalysisordietryin
 
 
  • Post #437,140
  • Quote
  • Aug 18, 2016 8:35am Aug 18, 2016 8:35am
  •  pointlessfor
  • Joined Mar 2016 | Status: Member | 1,612 Posts
now 3080 !! thinking hehe
 
 
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