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Cable Update (GBPUSD)

  • #437,441
  • Aug 22, 2016 7:21am Aug 22, 2016 7:21am
Quoting Brabo79
{quote} also the-better-than-expected UK economic news could have a part in it .. when you look at the data it seemed like there was no vote to leave EU at all...
That was my post too, but the admin didnt show this post.
I think that may be the second reason, that cable getting stronger. And this is good so, for the whole market, and for me of course
  • #437,442
  • Aug 22, 2016 7:24am Aug 22, 2016 7:24am
Just hitting the next critical point. Will it break 1.3120?
Striving for consistency
  • #437,443
  • Aug 22, 2016 7:28am Aug 22, 2016 7:28am
Interesting that my broker has widened the stop level to 20 pips
Striving for consistency
  • #437,444
  • Aug 22, 2016 7:30am Aug 22, 2016 7:30am
3116 long
  • #437,445
  • Aug 22, 2016 7:30am Aug 22, 2016 7:30am
A close above 3116 is my buy signal. Will add position
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH12208.png Size: 49 KB
I'm high on trading, cant you tell?
  • #437,446
  • Aug 22, 2016 7:32am Aug 22, 2016 7:32am
...another reason for cable getting stronger is that usd getting weaker at the moment... but the quetion is for how long....
  • #437,447
  • Aug 22, 2016 7:32am Aug 22, 2016 7:32am
Quoting Wdfx
Interesting that my broker has widened the stop level to 20 pips
?
  • #437,448
  • Aug 22, 2016 7:32am Aug 22, 2016 7:32am
Quoting pointlessfor
3116 long
Good call
I'm high on trading, cant you tell?
  • #437,449
  • Aug 22, 2016 7:33am Aug 22, 2016 7:33am
Quoting Wdfx
Interesting that my broker has widened the stop level to 20 pips
Why do you think that is?
I'm high on trading, cant you tell?
  • #437,450
  • Aug 22, 2016 7:35am Aug 22, 2016 7:35am
Poss re-test of 1.31
  • #437,451
  • Aug 22, 2016 7:36am Aug 22, 2016 7:36am
i mean those longs may work... but would you go long if you had a triple top on a h4 timeframe?

impatience at its finest
  • #437,452
  • Aug 22, 2016 7:36am Aug 22, 2016 7:36am
closed at 1.3110 (manually) waiting my next entry (probably short) The Don was probably right again
Striving for consistency
  • #437,453
  • Aug 22, 2016 7:41am Aug 22, 2016 7:41am
H4 prints a nice IB .. most probable direction now would be north

and no red news that could ruin the party
  • #437,454
  • Aug 22, 2016 7:47am Aug 22, 2016 7:47am
Quoting Sammih
{quote} Good call
s/o - 7 man. looking long lower. i did mistake. yesterday had a party so my head not work properly.
  • #437,455
  • Aug 22, 2016 7:48am Aug 22, 2016 7:48am
Quoting Fader123
Poss re-test of 1.31
Orders around 1.31 caused bounce
Anyway - up 70 pips for the day so far
  • #437,456
  • Aug 22, 2016 7:48am Aug 22, 2016 7:48am
I have doubled my short at 1.3120 as everyone on FF seems to be long on cable.
  • #437,457
  • Aug 22, 2016 7:48am Aug 22, 2016 7:48am
Quoting pointlessfor
{quote} s/o - 7 man. looking long lower. i did mistake.
  • #437,458
  • Aug 22, 2016 7:52am Aug 22, 2016 7:52am
Quoting actionmoney
{quote} I think this is tomorrow's prediction or I assume your guess fits for tomorrow's economic calendar. Wrong decision made last week costs me a lot of -pips; so I'm taking precautionary states according to specific piece of information this week. Trade carefully... No one is island of knowledge.
dont base your trades on news... especially medium impact news
  • #437,459
  • Aug 22, 2016 7:53am Aug 22, 2016 7:53am
trying to understand BB 48 and SMA 48 in M30, using H&L yesterday.

Attached Image (click to enlarge)
Click to Enlarge Name: GUm30HLtoday.png Size: 125 KB


let me know, when I'm wrong.
  • #437,460
  • Aug 22, 2016 7:53am Aug 22, 2016 7:53am
Quoting el_duende
I have doubled my short at 1.3120 as everyone on FF seems to be long on cable.
I'm with you...
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