Thread: Discuss the GBP/USD with a DailyFX Analyst

SL hit - Poo!

Originally Posted by BH-Eurofighter

long. 1.9531

1.9555 in this moment. Temporrary Take Profit. 20 + pips.
I am scalper

Originally Posted by wiz6

Any SL and Limit Target BH-Eurofighter ?

No, Only mental stopp losses.
To place stop losses is dangereus.

Originally Posted by Black.day

I can actually see how going long would be attractive given the support below but there are several layers of resistance above that here and in the immediate vicinity that may hold Cable back. A good break above yesterday's bounce would certainly take the pressure off the downside.

I saw you change your first post with: I cant see how ....
Please be fair When you saw trend you change your post (even delete
it and make new post with totaly different meanings).
This isnt fair for the readers of this site. They think you know what you
write.


There are many reasons:

1 - Candelstick Analise on 4 hour chart show us strong 4 Hour jive cande or hammer candle. This is indication for force to the up (short therm).
2 - Eliot Wave analize show us bullish pressure
3 - We have only one strong resistance at 1.9670 and only few weak resistances, but strong support at 1.9500
4 - We have GBP event tomorrow with bullish potential.
5- If - When we broke 1.9570 - by 1.9600 is addition reason
to jump into the trade with additional Buy order. With 100 pips
potential.
6 - Euro have similar character and his potential is to the up.
7 - GBP is by the bottom now
8 - I cant see you reasons for the downside for now.
9 - One Hour chart show us double bottom
10. We have Big Volume from the bottom ...
I cant see your reasons for sell order today I saw.

My predictions are for one to three days in the future.
But I dont trade so. I am scalper.

1.9574. 30 + Pips. TAKE PROFIT!!!!! for today

Originally Posted by BH-Eurofighter

I saw you change your first post with: I cant see how ....
Please be fair When you saw trend you change your post (even delete
it and make new post with totaly different meanings).
This isnt fair for the readers of this site. They think you know what you
write.

Your talking bullsh1t.

Originally Posted by Black.day

Your talking bullsh1t.

please.

I am The Best !!!

ADITTIONAL ORDER

LONG 1.9585 and wait all day long.

Let's keep it civilized gentlemen.

Don't make me regulate.

I'm seeing a lot of short-term traders getting in and out of GBPUSD recently, which I find very interesting considering the pair is right in the middle of the high time frame range that I'm watching.

Still waiting for the higher time frame breakout, but entertaining the possibility of a small range trade around 1.9450 or 1.9680/730.

Anyone watching the short-term charts of GBPAUD or GBPCHF? Looks like there could be some smaller breaks from volatile ranges there. Then there is EURGBP which is pushing itself into a wedge on the daily chart. Watching for any kind of momentum break below 1.7825.

I've opened up a buy position at 1.9499 with a 1.9670 limit, hoping to check back tomorrow for a profit. Although the M4 money supply data more-than-likely will indicate contraction in the coming months, it should also show a decrease of GBP in circulation, giving the Pound a spike. (hence me going long)

Agree/Disagree -- thoughts?

macd and ocsillator show that maybe we have 150~200 pip uptrend in next day

Originally Posted by John Kicklighter

I'm seeing a lot of short-term traders getting in and out of GBPUSD recently, which I find very interesting considering the pair is right in the middle of the high time frame range that I'm watching.

Still waiting for the higher time frame breakout, but entertaining the possibility of a small range trade around 1.9450 or 1.9680/730.

Iv been ranging for the past few days between 195 and 196 with the odd one at 1948. Went short earlier this evening 19599 target of 195 Stop @ 19625

Originally Posted by BH-Eurofighter

[COLOR="RoyalBlue"]please.


ADITTIONAL ORDER

LONG 1.9585 and wait all day long.

Stop Loss at 1.9475
Take profit Target 1 - 1.9640
Take profit Target 2 - 1.9690

Originally Posted by Rix

Iv been ranging for the past few days between 195 and 196 with the odd one at 1948. Went short earlier this evening 19599 target of 195 Stop @ 19625

Looks like my short was premature. May go long and hedge this one out.

Originally Posted by BH-Eurofighter

Stop Loss at 1.9475
Take profit Target 1 - 1.9640
Take profit Target 2 - 1.9690

Move Stopp Loss to 1.9587
Now we are safe.
First target reached.
Who wants, Take profit 1.9640 / 50 pips profit + from yesterday
We make 250 pips plus in three days only on gbpusd here on this forum to this moment

Originally Posted by BH-Eurofighter

Move Stopp Loss to 1.9587
Now we are safe.
First target reached.
Who wants, Take profit 1.9640 / 50 pips profit + from yesterday
We make 250 pips plus in three days only on gbpusd here on this forum to this moment

Nice work, now what your next move (shot on 1.9640/50 or hold long)