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Cable Update (GBPUSD)

  • #441,601
  • Sep 28, 2016 6:37am Sep 28, 2016 6:37am
Quoting pointlessfor
3013 second short
shorters can take a shot here, like i said earlier, todays is win -win for both parties.
  • #441,602
  • Sep 28, 2016 6:39am Sep 28, 2016 6:39am
Quoting putrimawarfx
verified support for 3 times How do you think? {image}
yeah so good
onorebate
  • #441,603
  • Sep 28, 2016 7:16am Sep 28, 2016 7:16am
Quoting Don96
{quote} 3020 target then 😂😂
3020 done, I'm not so good with small timeframes either. Atm I have a very high leverage account with 120 USD in... max leverage longs from sub 1.3 shooting for 1.32 will put me at about 1300 dollars
  • #441,604
  • Sep 28, 2016 7:20am Sep 28, 2016 7:20am
Cable is primarily in a downtrend but consolidating atm. On the 4H time frame the pair is respecting an ascending channel, and now by the 50.0 Fib of the most recent high swing, itself a retracement of the main descending trendline. Is it targeting the 61.8Fib before a southward drive? Trade safe.

KP
Do your homework, follow the footprints of smart money
  • #441,605
  • Sep 28, 2016 7:21am Sep 28, 2016 7:21am
Hi,
How GBP/USD now seems to you all now? give your comments. even with chart.
  • #441,606
  • Sep 28, 2016 7:30am Sep 28, 2016 7:30am
Quoting ozzyfx
{quote} A bit risky with so many US news coming in later don't you think?
will see. if something i will reverse
  • #441,607
  • Sep 28, 2016 7:48am Sep 28, 2016 7:48am
Just watching and enjoy the forum.

Salam Profit
not euphoria follower
  • #441,608
  • Sep 28, 2016 7:56am Sep 28, 2016 7:56am
took loss now and long 3022 full power
  • #441,609
  • Sep 28, 2016 7:56am Sep 28, 2016 7:56am
Quoting iqyu5an
Just watching and enjoy the forum. Salam Profit

All input appreciated....
Don't Leave Money on the Table
  • #441,610
  • Sep 28, 2016 8:00am Sep 28, 2016 8:00am
...be carefull. Wait for Yellen. The mini Long trend could be end...
  • #441,611
  • Sep 28, 2016 8:01am Sep 28, 2016 8:01am
Quoting salmani-one
...be carefull. Wait for Yellen. The mini Long trend could be end...
Mini long? Look at H4, looks like a massive upmove will happen. It doesn't matter what anyone says, they may only delay it and give another opportunity to long this lower. Charts never lie.
Everyone can see the chart, but only a few can actually read it.
  • #441,612
  • Sep 28, 2016 8:03am Sep 28, 2016 8:03am
Quoting OnlineAddict
{quote} Mini long? Look at H4, looks like a massive upmove will happen. It doesn't matter what anyone says, they may only delay it and give another opportunity to long this lower. Charts never lie.
...H4 never Shows a Long trend at the moment! Look at ADX-Indicator: dont Show the beginning of a trend at H4....
  • #441,613
  • Sep 28, 2016 8:05am Sep 28, 2016 8:05am
Quoting salmani-one
{quote} ...H4 never Shows a Long trend at the moment! Look at ADX-Indicator: dont Show the beginning of a trend at H4....
... it Looks like... yes. But it is not a clear trend....
  • #441,614
  • Sep 28, 2016 8:06am Sep 28, 2016 8:06am
Quoting OnlineAddict
{quote} Mini long? Look at H4, looks like a massive upmove will happen. It doesn't matter what anyone says, they may only delay it and give another opportunity to long this lower. Charts never lie.

I tend to agree.....

This is US time 4 hour chart
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 20 KB
Don't Leave Money on the Table
  • #441,615
  • Sep 28, 2016 8:07am Sep 28, 2016 8:07am
Quoting salmani-one
{quote} ... it Looks like... yes. But it is not a clear trend....
...the same for H1....
  • #441,616
  • Sep 28, 2016 8:09am Sep 28, 2016 8:09am
Quoting salmani-one
{quote} ... it Looks like... yes. But it is not a clear trend....
Who cares what happens in a month or two? H4 is good enough to buy and hold for days or longer...with good profit. But if 200-300 pips are not good enough for you, you won't have much luck with EU or GU, because they won't make a 1000 pip move anytime soon.
Everyone can see the chart, but only a few can actually read it.
  • #441,617
  • Sep 28, 2016 8:10am Sep 28, 2016 8:10am
Quoting salmani-one
{quote} ...the same for H1....
....never ever a clear trend! either Long nor short!.....
  • #441,618
  • Sep 28, 2016 8:12am Sep 28, 2016 8:12am
Quoting OnlineAddict
{quote} Who cares what happens in a month or two? H4 is good enough to buy and hold for days or longer...with good profit. But if 200-300 pips are not good enough for you, you won't have much luck with EU or GU, because they won't make a 1000 pip move anytime soon.
...you may have right, we will see in a few hours! I wrote only be carefull with Long positions...
In a few days the Price will be at 131 or 1,29 who knows.
  • #441,619
  • Sep 28, 2016 8:13am Sep 28, 2016 8:13am
Quoting OnlineAddict
{quote} Who cares what happens in a month or two? H4 is good enough to buy and hold for days or longer...with good profit. But if 200-300 pips are not good enough for you, you won't have much luck with EU or GU, because they won't make a 1000 pip move anytime soon.
... I took my 200 pips with my System...
Now its time to be carefull...
  • #441,620
  • Sep 28, 2016 8:16am Sep 28, 2016 8:16am
Another drop to the 2980-90 area and I am buying again. I hope london fix gives me another opportunity and then I would hold the hold for some time.
Everyone can see the chart, but only a few can actually read it.
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