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Cable Update (GBPUSD)

  • #444,701
  • Oct 31, 2016 10:58am Oct 31, 2016 10:58am
And supply broken

Up we go

Targeting 1.2400/50
Make money by doing the opposite of Giveachance aka loser
  • #444,702
  • Oct 31, 2016 10:58am Oct 31, 2016 10:58am
Quoting nessus94
And supply broken Up we go
fuck yeaaa
  • #444,703
  • Oct 31, 2016 11:11am Oct 31, 2016 11:11am
That spike is very good sell point.
  • #444,704
  • Oct 31, 2016 11:15am Oct 31, 2016 11:15am
Picked up 30 pips on the scalp long then out. Market too unsettled to let it ride. Will consider going back in long if it drops to around 2200 and I get a buy signal.
Striving for consistency
  • #444,705
  • Edited 11:34am Oct 31, 2016 11:17am | Edited 11:34am
I dont think its a triangle at all I mean that box is 190 tall
last week range ,

also you can not ignore that wick like it would be taken easy the first thing I said when I see it to much criticism
in this down trend we haven't seen long lower wick
lower wick is noteworthy
if it goes back to the low Id have to say it would hold before the tl
theres something negative about it in as much is that really the right number of the low
to discribe situ price is trapped and flat 14 days
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  • #444,706
  • Oct 31, 2016 11:17am Oct 31, 2016 11:17am
50 pip move in the last 5 minutes of an hour is not very trustworthy, let's see where the day closes. GY also looks to break up from ascending triangle.
  • #444,707
  • Oct 31, 2016 11:17am Oct 31, 2016 11:17am
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  • #444,708
  • Oct 31, 2016 11:18am Oct 31, 2016 11:18am
Quoting Wdfx
Picked up 30 pips on the scalp long then out. Market too unsettled to let it ride. Will consider going back in long if it drops to around 2200 and I get a buy signal.
Nice going

I'm positioning this week so will ride out the swings
  • #444,709
  • Oct 31, 2016 11:21am Oct 31, 2016 11:21am
Quoting FXClarity
{quote} Nice going I'm positioning this week so will ride out the swings
Thanks, The only way is short term from me. Fed up getting my ass kicked.
Striving for consistency
  • #444,710
  • Oct 31, 2016 11:25am Oct 31, 2016 11:25am
Trimmed here but I'm thinking I still want to be long some.
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Be hopeful in a winning position, and fearful in a losing position.
  • #444,711
  • Oct 31, 2016 11:28am Oct 31, 2016 11:28am
Cable back at todays opening.
Striving for consistency
  • #444,712
  • Oct 31, 2016 11:30am Oct 31, 2016 11:30am
Quoting Wdfx
Cable back at todays opening.
...Hesitating at Bull Flag breakout level - sellers will attempt a fade (I always like to see things from an opposing perspective)
  • #444,713
  • Oct 31, 2016 11:31am Oct 31, 2016 11:31am
...I think the small return was because of that.... Still holding Shorts...
Theresa May backs Mark Carney as 'best man' for Bank of England job
  • #444,714
  • Oct 31, 2016 11:49am Oct 31, 2016 11:49am
38.2% fib on todays range is around 2192... Thinking what to do next?
Striving for consistency
  • #444,715
  • Oct 31, 2016 11:57am Oct 31, 2016 11:57am
Quoting Wdfx
38.2% fib on todays range is around 2192... Thinking what to do next?
Back in long at 2208. perhaps a bit soon. we'll see
Striving for consistency
  • #444,716
  • Oct 31, 2016 12:00pm Oct 31, 2016 12:00pm
Quoting Wdfx
{quote} Back in long at 2208. perhaps a bit soon. we'll see
Stop loss at break even. lest see if its good for 15 pips ?
Striving for consistency
  • #444,717
  • Oct 31, 2016 12:05pm Oct 31, 2016 12:05pm
Quoting Wdfx
{quote} Stop loss at break even. lest see if its good for 15 pips ?
Out at BE ... Time for tea...
Striving for consistency
  • #444,718
  • Oct 31, 2016 12:09pm Oct 31, 2016 12:09pm
Quoting yuddy
{quote} I just hope fibs 61.8 will hold back this pullback.
That 61.8 fib level held nicely, it's bear time pals.
  • #444,719
  • Oct 31, 2016 12:10pm Oct 31, 2016 12:10pm
Watching two short term levels at present 2200 and 2192
Striving for consistency
  • #444,720
  • Oct 31, 2016 12:19pm Oct 31, 2016 12:19pm
GU Short 1.2211 Target 1.2112
Just 20 pips a day to riches
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