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Cable Update (GBPUSD)

  • #440,001
  • Sep 13, 2016 6:39am Sep 13, 2016 6:39am
If we touch 1.3220 from here, it would be tempting to add to shorts for me. imo.
  • #440,002
  • Sep 13, 2016 6:43am Sep 13, 2016 6:43am
Trailing stop hit and I am out. the question from me now is do I go back in? and if so at what entry point, long or short?
Striving for consistency
  • #440,003
  • Sep 13, 2016 6:44am Sep 13, 2016 6:44am
Quoting elbert3
{quote} You see tl attraction 3159 3111 if it hit that buy long
Hi Bro,

I will add another short from M30 test the previous support

here is the M30 GU Chart ... TP 3020/70

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM30GGG.png Size: 19 KB
  • #440,004
  • Sep 13, 2016 6:44am Sep 13, 2016 6:44am
Quoting pursuit_21
If we touch 1.3220 from here, it would be tempting to add to shorts for me. imo.
Just added that same number on Mr S thread short to the finish line 3150 3110 fail back to 3300 can leave longs open here if ones acc can take 80 pip losing trade or start to buy the dips lowere it 3220 resists regards
  • #440,005
  • Sep 13, 2016 6:45am Sep 13, 2016 6:45am
Quoting mrhb30jr
{quote} Hi Bro, I will add another short from M30 test the previous support
Please only play your own trades but gl
  • #440,006
  • Sep 13, 2016 6:47am Sep 13, 2016 6:47am
Quoting bithedz
{quote} she kicked me while I'm sleep don't worry I have much sell than buy!
So I am getting into protection mode since this beast has fallen unexpectedly low.

Best
D.P.
Hunting High and Low
  • #440,007
  • Sep 13, 2016 6:50am Sep 13, 2016 6:50am
Can't complain today - but I should have noticed that the US traders were going to jump on the back of the UK's poor CPI figures
Also there has been reports of an oil glut - which doesn't help matters
CAD has taken a beating today
Bit more research I think
  • #440,008
  • Sep 13, 2016 6:51am Sep 13, 2016 6:51am
Quoting elbert3
{quote} Just added that same number on Mr S thread short to the finish line 3150 3110 fail back to 3300 can leave longs open here if ones acc can take 80 pip losing trade or start to buy the dips lowere it 3220 resists regards
haven't seen that thread, but will take a look.

IF we get there, 1.3160 - 1.31 may be messy and long drawn out. Not looking forward to price action there, if it ever does come to it. Upwards is always an option.
  • #440,009
  • Sep 13, 2016 6:55am Sep 13, 2016 6:55am
Quoting elbert3
{quote} Just added that same number on Mr S thread short to the finish line 3150 3110 fail back to 3300 can leave longs open here if ones acc can take 80 pip losing trade or start to buy the dips lowere it 3220 resists regards
I will wait till bullish crap ... area 3020/70

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH4hhhh.png Size: 32 KB
  • #440,010
  • Sep 13, 2016 6:56am Sep 13, 2016 6:56am
From what I can see on my phone it has broken 12 hour tl so 1 we need to see a stop on support then that becomes the new bottom tl I would like to see it at 3110 then use the break out tl sat attraction long 2 we will look to db on 3059 fail then we're back into 2990 area not in any short plan for me as yet let's just play this one out
  • #440,011
  • Sep 13, 2016 6:59am Sep 13, 2016 6:59am
Watch the news as gu will need a kick start to long around the posted numbers 12 hour could end with a big tail
  • #440,012
  • Sep 13, 2016 6:59am Sep 13, 2016 6:59am
Quoting batus
Lock some profit & let it run. {image}
And its running fast free ride ...

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH12.png Size: 82 KB
  • #440,013
  • Sep 13, 2016 7:00am Sep 13, 2016 7:00am
Quoting elbert3
From what I can see on my phone it has broken 12 hour tl so 1 we need to see a stop on support then that becomes the new bottom tl I would like to see it at 3110 then use the break out tl sat attraction long 2 we will look to db on 3059 fail then we're back into 2990 area not in any short plan for me as yet let's just play this one out
look nice plan bro agree ...
  • #440,014
  • Edited 7:30am Sep 13, 2016 7:13am | Edited 7:30am
Remember that 31637 is the major bracket half back (mid point). And that below it we have the major POC at 31368. Now the old pit gap up has its base 8 pip above the POC... And at 31295 we got a previous GB poor low followed 2 pips below by a Tokyo poor low...And US sessions are both one timeframing lower. So before to call the day let this market at least stop the 1TFL...

always considering what we have above...because I do not want to invite people to a wonderfull suicide. This market is weak and extraordinary risky.
Ubi maior minor cessat
  • #440,015
  • Sep 13, 2016 7:20am Sep 13, 2016 7:20am
still dipping down. where is the end?
  • #440,016
  • Sep 13, 2016 7:24am Sep 13, 2016 7:24am
Quoting tandoorichi
still dipping down. where is the end?
3150-3160 f or today. as for as i have on chart
little bit of sense, little bit of luck
Ktr Return This Month: na
  • #440,017
  • Sep 13, 2016 7:26am Sep 13, 2016 7:26am
Buyers now I would say the boys won't be throwing it on they will milk it dry lol
  • #440,018
  • Sep 13, 2016 7:38am Sep 13, 2016 7:38am
yeah, think I could close my short and long it after one more dipping. looks like it's in the shallow water...
  • #440,019
  • Sep 13, 2016 7:45am Sep 13, 2016 7:45am
Full balance here, after a huge liquidation and between two overlapping gaps. If this is not risky....
Ubi maior minor cessat
  • #440,020
  • Sep 13, 2016 7:46am Sep 13, 2016 7:46am
#GBPUSD so far so good......took another short @ 1.3239 trailing stop..... calculation worked out well today
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