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Cable Update (GBPUSD)

  • #451,561
  • Apr 3, 2017 11:13am Apr 3, 2017 11:13am
Quoting elbert3
{quote} Out if interest which way are you trading ? Regards
Hi,
I am long currently. From 2531, 2517 and 2470. Tp or to get the hell out of my trades i am waiting for 256x.
For me, clever play would be to let it do its top 2616 / 2705, and then just ride it down. I am not THAT clever, you see....
  • #451,562
  • Apr 3, 2017 11:16am Apr 3, 2017 11:16am
Is anyone else seeing 1.21500 over the coming week or two per chance?
  • #451,563
  • Apr 3, 2017 11:17am Apr 3, 2017 11:17am
Guys, I am looking to long for the few days ahead. Bullish momentum. Entry 2480. I tink it will have the potential to go until area around 1.2560~1.2600 before it comes down
  • #451,564
  • Apr 3, 2017 11:17am Apr 3, 2017 11:17am
Quoting NMZee
{quote} Hi, I am long currently. From 2531, 2517 and 2470. Tp or to get the hell out of my trades i am waiting for 256x. For me, clever play would be to let it do its top 2616 / 2705, and then just ride it down. I am not THAT clever, you see....
Are any of us lol I will and longs from here no more shorts . Well let's see ? But if it goes down I will just buy until the posted number . There is a false at 2420 area but 2470 areas is a bit tricky for now . Regards E
  • #451,565
  • Apr 3, 2017 11:57am Apr 3, 2017 11:57am
Quoting Derivative92
Is anyone else seeing 1.21500 over the coming week or two per chance?
200-250 pips in a day is not a big deal for cable. It is destined to go to 1.21xx question is from where it will start its decline. Question is would you, me tom, dik, harry, elbert etc be able to pin point that catalyst in time orrrrr.....!!!!!. Right now i am hoping. Stress on hoping that it reaches 26xx first and then we think about the short side. Do u have a sell from 23xx or something??
  • #451,566
  • Apr 3, 2017 12:02pm Apr 3, 2017 12:02pm
Still playing Fridays trading as a hourly bull flag ,,,,last weeks high is a tgt for my day trades, struggling a bit tho it appears.
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  • #451,567
  • Apr 3, 2017 12:05pm Apr 3, 2017 12:05pm
Bought long 1.2472 pray and hope
  • #451,568
  • Apr 3, 2017 12:09pm Apr 3, 2017 12:09pm
Quoting NMZee
{quote} 200-250 pips in a day is not a big deal for cable. It is destined to go to 1.21xx question is from where it will start its decline. Question is would you, me tom, dik, harry, elbert etc be able to pin point that catalyst in time orrrrr.....!!!!!. Right now i am hoping. Stress on hoping that it reaches 26xx first and then we think about the short side. Do u have a sell from 23xx or something??
If you look at your 1 min chart and make it small on your screen you can see the days trend but will it break above
  • #451,569
  • Apr 3, 2017 12:17pm Apr 3, 2017 12:17pm
Quoting elbert3
{quote} If you look at your 1 min chart and make it small on your screen you can see the days trend but will it break above
well shi I mean crap ,,,,,,, didnt refresh my chart over the weekend ,,,,,,,,that hourly projection had been met ,,,,,, would say the 2420 area may get tagged anyway
  • #451,570
  • Apr 3, 2017 12:18pm Apr 3, 2017 12:18pm
kinda late in the day, but I'll bid 2451 and see what happens...
Look Sharp/Trade Tight
  • #451,571
  • Apr 3, 2017 12:25pm Apr 3, 2017 12:25pm
Thought stuff was a little off in the gbp today lol,,,,,,,,something to said for rebooting every now and then ,,,,,,,,,,,,, would watch the 2480 area for resistance or a 24 ema on an hourly .
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  • #451,572
  • Apr 3, 2017 12:33pm Apr 3, 2017 12:33pm
From the camarilla pivots (weekly) we are at an area it could bounce ,,, trendline in the area also ,,,,,,, would be leaning more short than long atm tho
  • #451,573
  • Apr 3, 2017 12:42pm Apr 3, 2017 12:42pm
GBP/USD bounced off from 1.2555 after forming a doji candlestick and a spinning top candlestick at that level on the four-hour time-frame. It's currently testing the support at 1.2470 and a breakout below that level will probably lead to a further drop towards the previous low at 1.2375. I already have a short position.
  • #451,574
  • Apr 3, 2017 12:56pm Apr 3, 2017 12:56pm
Quoting digger1
{quote} well shi I mean crap ,,,,,,, didnt refresh my chart over the weekend ,,,,,,,,that hourly projection had been met ,,,,,, would say the 2420 area may get tagged anyway
Well on the 5 min tl now any break then take short I would think B
  • #451,575
  • Apr 3, 2017 1:58pm Apr 3, 2017 1:58pm
If tomorrows high impact news negative then lower we go.
  • #451,576
  • Apr 3, 2017 2:15pm Apr 3, 2017 2:15pm
Quoting digger1
From the camarilla pivots (weekly) we are at an area it could bounce ,,, trendline in the area also ,,,,,,, would be leaning more short than long atm tho
If it stays on this line we will have 4 hour doji
  • #451,577
  • Apr 3, 2017 2:57pm Apr 3, 2017 2:57pm
Quoting elbert3
{quote} If you look at your 1 min chart and make it small on your screen you can see the days trend but will it break above
Well it did'nt . A bearish candle for today. It should have touched 2451 and get it over with. Need another 80 pips to end my misery on a high and acceptable note....
  • #451,578
  • Apr 3, 2017 3:02pm Apr 3, 2017 3:02pm
Quoting elbert3
{quote} If it stays on this line we will have 4 hour doji
It is strictly my opinion but our bias makes us see things we want to see. I am long so i see all the reasons to stay in the trade. Some of you are really pro at this and change their trades really quick. I sit on them and loose days. But this time it is different cable is going to go up.....
  • #451,579
  • Apr 3, 2017 3:04pm Apr 3, 2017 3:04pm
This time I decided to just keep my mouth shut. My cat needs to eat.
  • #451,580
  • Apr 3, 2017 3:30pm Apr 3, 2017 3:30pm
Quoting NMZee
{quote} It is strictly my opinion but our bias makes us see things we want to see. I am long so i see all the reasons to stay in the trade. Some of you are really pro at this and change their trades really quick. I sit on them and loose days. But this time it is different cable is going to go up.....
Good for you trade with conviction I say .10 ema on the week chart ???
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