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Cable Update (GBPUSD)

  • #446,621
  • Dec 15, 2016 5:38am Dec 15, 2016 5:38am
today's target for me 1.2403
  • #446,622
  • Dec 15, 2016 5:40am Dec 15, 2016 5:40am
Quoting MasterJedi
{quote} Depends on the rate decision I imagine, will see shortly.
That's unlikely to change though, is it.
I'm happy to see this move as I took this out at 2694 back in early December and have traded in and out of it since - won some, lost bloody loads! but this move starts to put me back on the right side of the ledger
  • #446,623
  • Dec 15, 2016 5:58am Dec 15, 2016 5:58am
Quoting Windstrown
today's target for me 1.2403
let's wait and see... would be a nice call though. BOE might surprise us.
Learn something new everyday.
  • #446,624
  • Dec 15, 2016 6:07am Dec 15, 2016 6:07am
Quoting Derivative92
Hm. {image}
Following this bear from 1.27 to 1.24.

What a week!
  • #446,625
  • Dec 15, 2016 6:07am Dec 15, 2016 6:07am
target 2 almost done ready for retrace
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pro4ex trading suite
  • #446,626
  • Dec 15, 2016 6:52am Dec 15, 2016 6:52am
Inserted Video
  • #446,627
  • Dec 15, 2016 9:35am Dec 15, 2016 9:35am
I could be wrong but I am targeting 1.2400 now. There is a lot of bears in at the moment and it might just go to the said area because my next support area with my 23.6 fib level. Does anyone support my idea or have any other ideas?
Learn something new everyday.
  • #446,628
  • Dec 15, 2016 10:05am Dec 15, 2016 10:05am
Quoting Windstrown
today's target for me 1.2403
Got it. I'm out of this one for now
  • #446,629
  • Dec 15, 2016 10:43am Dec 15, 2016 10:43am
Quoting Elinagw
I could be wrong but I am targeting 1.2400 now. There is a lot of bears in at the moment and it might just go to the said area because my next support area with my 23.6 fib level. Does anyone support my idea or have any other ideas?
Nice trade .. personally would be looking around the 122 800 level for buy back.
Xmas soon so maybe it goes into range mode next week, pure speculation of course ..
  • #446,630
  • Dec 15, 2016 10:46am Dec 15, 2016 10:46am
Quoting Derivative92
{quote} Following this bear from 1.27 to 1.24. What a week!
Done for the week.
  • #446,631
  • Dec 15, 2016 10:50am Dec 15, 2016 10:50am
I am selling USDJPY GBPJPY every 100 pips no stops.

Drawdown allowance, a billion pips

TP when filthy rich.
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FREEDOM IS SECURITY.
  • #446,632
  • Dec 15, 2016 10:55am Dec 15, 2016 10:55am
Quoting hippiedog
I am selling USDJPY GBPJPY every 100 pips no stops. Drawdown allowance, a billion pips TP when filthy rich. {image} {image}


made me laugh
  • #446,633
  • Dec 15, 2016 11:09am Dec 15, 2016 11:09am
Quoting Don96
{quote} made me laugh


Time to get on this bull I think.
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FREEDOM IS SECURITY.
  • #446,634
  • Edited Dec 16, 2016 8:33am Dec 15, 2016 11:13am | Edited Dec 16, 2016 8:33am
Quoting hippiedog
I am selling USDJPY GBPJPY every 100 pips no stops. Drawdown allowance, a billion pips TP when filthy rich. {image} {image}
The 0-1 is set at 24hours from the low.

One Trading reason of many trading reasons in img below

I always ignore 0-1/1-2/2-3/3-5

This system does work very well if applied correctly
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FREEDOM IS SECURITY.
  • #446,635
  • Edited 11:54am Dec 15, 2016 11:36am | Edited 11:54am
Quoting _BBKing_
{quote} I don't really understand your point here. What's the problem with that 1.29? It's the most obvious and nearest target for longs in this actual overall price structure. And btw I was just asking. Considering the overall actual price structure it's me asking you: what the hell are you looking for in cable??? Don't you see bears are completely fucked?! {image} Yes it can crash anytime and get back into 1.22 area in just 2 x 240minutes candles, everybody knows that, me included! Indeed I am working with tight...
Now we know more And no one can tell i did not said it..

And maybe i should tell that im trading D1 Charts and have trades open sometimes for a week or longer.
I expected exactly what happened, and that was the reason why your 1.29 was so far away from my thinking.

Btw. NOW at 1.24 i have no clue, should i close my shorts or not.

I have the feeling, IF i close them we will see tomorrow 1.23 IF NOT 1.25 or more, he he he..
How to opt out annoying user signatures ??
  • #446,636
  • Dec 15, 2016 11:38am Dec 15, 2016 11:38am
Quoting Toranaga
{quote} Now we know more And maybe i should tell that im trading D1 Charts and have trades open sometimes for a week or longer. I expected exactly what happened, and that was the reason why your 1.29 was so far away from my thinking. Btw. NOW at 1.24 i have no clue, should i close my shorts or not. I have the feeling, IF i close them we will see tomorrow 1.23 IF NOT 1.25 or more, he he he..
That's exactly why i closed my shorts here lol
  • #446,637
  • Dec 15, 2016 12:04pm Dec 15, 2016 12:04pm
And my now updated Chart from a 1 Month ago, we are (again) in Range 3.

Im too lazy now to quote all the buja buja back to 1.35 posts from here
posted the last 2 weeks.

Btw. that is nothing personal against you but here is such a group dynamic
that can drive you quick to false judgment. To tha moon, brexit is over, aso aso..

Like newbies that just discovered Forex, not knowing that this is the falsest game of all false games..

There are real victims here, would like to know what they are thinking NOW about that??
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  • #446,638
  • Dec 15, 2016 12:10pm Dec 15, 2016 12:10pm
Quoting Nefser
{quote} For a change, I happen to agree that 1.29 is certainly no worse, and perhaps far better, than some of the other 'predictions' that people add here. For me, you're the arrogant git that should consider shutting his mouth. The price drifted around and just above 1.29 from July onward, after the big Brexit 'adjustment'. Recently, the price has been steadily increasing since mid October, or are you just too stupid to see that on the daily chart (indicator or no indicator). On the daily, the Ichi is showing that GU is 'iching' to...
Ops, i overread this.

Thank you for your kind words, i will try to think about.

ps. Hope you wasnt long !


Happy trading.
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  • #446,639
  • Dec 15, 2016 12:25pm Dec 15, 2016 12:25pm
Quoting pipsandbits
{quote} Facing 1,24x soon. And maybe after Fed 1,22. I know that Fed decision is mostly in price now, so knowing the rate hike in advance, except if there isn't a surprise cannot see 1,28 / 1,29
As I said maybe facing 1.22
  • #446,640
  • Dec 15, 2016 12:42pm Dec 15, 2016 12:42pm
its a $ move ,looking very overextended at this point ,
this has nothing to do with gbp
Its not lazy you never updated at all

Quoting Toranaga
And my now updated Chart from a 1 Month ago, we are (again) in Range 3. Im too lazy now to quote all the buja buja back to 1.35 posts from here posted the last 2 weeks. Btw. that is nothing personal against you but here is such a group dynamic that can drive you quick to false judgment. To tha moon, brexit is over, aso aso.. Like newbies that just discovered Forex, not knowing that this is the falsest game of all false games.. There are real victims here, would like to know what they are thinking NOW about that?? {image}
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