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Cable Update (GBPUSD)

  • #448,701
  • Feb 1, 2017 8:13am Feb 1, 2017 8:13am
Quoting Noors
{quote} And I'm out for 11pip... want to go to sleep.. Price could go back down to 143.260 we will have to wait and see... Peace and Love {image}
damn sharp level man...
Look Sharp/Trade Tight
  • #448,702
  • Feb 1, 2017 8:15am Feb 1, 2017 8:15am
Last one for the day!
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  • #448,703
  • Feb 1, 2017 8:15am Feb 1, 2017 8:15am
Quoting PayTheLimit
{quote} damn sharp level man...
Thank you PayTheLimit have a goodnight and green pips to you!
  • #448,704
  • Feb 1, 2017 8:36am Feb 1, 2017 8:36am
1.2570 to 1.2656 +86 pips booked.
  • #448,705
  • Feb 1, 2017 9:29am Feb 1, 2017 9:29am
Selling GU now unless for a scalp would be so so risky.. . The movement now is a Fakey downtrend.. needs to go about 100 down to convince me to SELL.... if you are selling and it hits that top it will put anybody there in about a 250 pip drawdown from my chart.. if it hits that high again i will buy for 135 pips bcos it looks like we are in for a blistering GU uptrend tomorrow.
meanwhile EU going to plan!

See Why..
Attached Image(s) (click to enlarge)
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Trading Eternal...... Shiny & Chrome!!!!
  • #448,706
  • Feb 1, 2017 12:37pm Feb 1, 2017 12:37pm
GBPUSD is in for a retrace here, surely?
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  • #448,707
  • Feb 1, 2017 12:43pm Feb 1, 2017 12:43pm
Yes, I think so, but we will see that after 20min. Made small SL for my shorts. Today keeping SL at above 1.27 likes too risky. Dont want catch any rockets... Only skyfall. =)
  • #448,708
  • Feb 1, 2017 12:47pm Feb 1, 2017 12:47pm
Quoting Dream_trader
Yes, I think so, but we will see that after 20min. Made small SL for my shorts. Today keeping SL at above 1.27 likes too risky. Dont want catch any rockets... Only skyfall. =)
I've just taken a small position at 1.2637. SL - 40 pips (1.2677).

I'll keep an eye on price action, in terms of taking profits.

Let's see.
  • #448,709
  • Feb 1, 2017 1:09pm Feb 1, 2017 1:09pm
Quoting Luzbay
GBPUSD is in for a retrace here, surely? {image}
nope.. it is going for a 200 pips up blistering trend on my chart..watch out!!
Trading Eternal...... Shiny & Chrome!!!!
  • #448,710
  • Feb 1, 2017 1:09pm Feb 1, 2017 1:09pm
Quoting iamawaited
Selling GU now unless for a scalp would be so so risky.. . The movement now is a Fakey downtrend.. needs to go about 100 down to convince me to SELL.... if you are selling and it hits that top it will put anybody there in about a 250 pip drawdown from my chart.. if it hits that high again i will buy for 135 pips bcos it looks like we are in for a blistering GU uptrend tomorrow. meanwhile EU going to plan! See Why.. {image} {image}
as i said.. Bought for about 150 pips..
Trading Eternal...... Shiny & Chrome!!!!
  • #448,711
  • Feb 1, 2017 1:10pm Feb 1, 2017 1:10pm
2670 short
  • #448,712
  • Feb 1, 2017 1:20pm Feb 1, 2017 1:20pm
Quoting elbert3
2670 short
Superb spot.

I was in the shower and missed that - cracking timing on my part...!
  • #448,713
  • Feb 1, 2017 1:25pm Feb 1, 2017 1:25pm
why r u guys shorting here??? with the explosion about to happen?? Good Luck.
Trading Eternal...... Shiny & Chrome!!!!
  • #448,714
  • Feb 1, 2017 1:34pm Feb 1, 2017 1:34pm
Quoting Luzbay
{quote} Superb spot. I was in the shower and missed that - cracking timing on my part...!
Let's see I was on 2 min and hit the sell wrote the post and 30 pips was on the acc ?? What happened
  • #448,715
  • Feb 1, 2017 1:35pm Feb 1, 2017 1:35pm
Quoting iamawaited
why r u guys shorting here??? with the explosion about to happen?? Good Luck.
Because larger fish sells tops,
and buy bottoms
a few pips, not annual trend
Bulls closed positions for profit, bears opens to gain there
  • #448,716
  • Feb 1, 2017 1:40pm Feb 1, 2017 1:40pm
Quoting tantra
{quote} Because larger fish sells tops, and buy bottoms a few pips, not annual trend Bulls closed positions for profit, bears opens to gain there
Naaaah... Big Fish Knows where price is going 99% of the time, uses proper MM and no SL.. That is all big fish needs to know.. so better stop buying tops and selling bottoms. anyways i might increase my long target to 200 pips...
Trading Eternal...... Shiny & Chrome!!!!
  • #448,717
  • Feb 1, 2017 1:43pm Feb 1, 2017 1:43pm
Quoting elbert3
{quote} Let's see I was on 2 min and hit the sell wrote the post and 30 pips was on the acc ?? What happened
The FED announced no rate hike / no rush for a rate hike (not a surprise) and the UK government said that there should be no need for a vote on Article 50 from the House of Commons (which later voted overwhelmingly that it should go ahead).

No idea.

I'm still short. I'll wait for either SL or TP.
  • #448,718
  • Feb 1, 2017 1:46pm Feb 1, 2017 1:46pm
just checked..


Quoting tantra
{quote} Because larger fish sells tops, and buy bottoms a few pips, not annual trend Bulls closed positions for profit, bears opens to gain there
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #448,719
  • Feb 1, 2017 1:48pm Feb 1, 2017 1:48pm
Quoting iamawaited
{quote} Naaaah... Big Fish Knows where price is going 99% of the time, uses proper MM and no SL.. That is all big fish needs to know.. so better stop buying tops and selling bottoms. anyways i might increase my long target to 200 pips...
This is the beauty market, no one knows how, where, you can buy and sell, subject to the discretion of all traders
Elbet3 make 30 pips, do you?
  • #448,720
  • Feb 1, 2017 1:49pm Feb 1, 2017 1:49pm
the only other way to know

Quoting Bones
only red usd swing in place maybe retrace depends on early break {quote} {image}
On-site guru & also FF member's' psychiatrist, when not drinking tea
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