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elbert3 replied Jan 7, 2014in for a £ i had to try it lol, now will look at 1.6437 short
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elbert3 replied Jan 7, 2014going short 1.64125 4 pip stop i will give it a try
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elbert3 replied Jan 7, 2014hi thanks for the info but i went out after posting, glad i did took proifit on 3 shorts 1 left target 1.6350 4 pip sl sorry i had to put that in
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elbert3 replied Jan 7, 2014you would of been better shorting with you 4 pips sorry
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elbert3 replied Jan 7, 2014cheers, i know what you mean , sorry i meant the pull back on the 1hr from 1.66 . when you go to the 4hr the last candle hit 38.2 also at 1.6459 and her they meet the 34,55 ema acting as sup, but then price has come back into the 4h trend ...
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elbert3 replied Jan 7, 2014you dont think that the 38.2 fib was a pull back ???
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elbert3 replied Jan 7, 2014sorry answered wrong post , but after you said you were long i am trading 15 min so lost my second short but put a fib on the 1.66 on the 1hr chart move and came out with 38%fib 1.6437 so gone short again here, cant seem to think about going long, ...
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elbert3 replied Jan 7, 2014i am short from 1.6473 sold of at 1.6372, back short 1.6421 then just shorted when you did thats why my sl is a bit higher than yours, target back 1.6375, then 6350 dont forget my disclaimer

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elbert3 replied Jan 7, 2014you just saved yourself some money there then, targeting 1.6370 then 1.6350
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elbert3 replied Jan 7, 2014slackend the shorts off for now as they were a bit tight ytd, on the 15 min went short again 1.641 had visited this line 4 times so went short , on the 4 hour 34 an 55 ema are facing down and might just cross about now , looking at the 4 hr if you ...
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elbert3 replied Jan 6, 2014Still holding shorts but it a bit hairy , we need this hours candle to reverse back below the hour before candle doji the 4 hour needs to stay out of the trend line it has just broke, failing this it does look like we have to swallow the short ...
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elbert3 replied Jan 3, 2014look back on my posts been calling this for over 2 weeks, now i am looking incase we double bottom at 1.6393, then 1.6356 the 4 hour 61.8 fib were it looks like it will meet 200sma making a strong res, after that 1.6121 thats me.???
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elbert3 replied Jan 3, 2014i am short again 1.6443 target 1.6356 trading on the 1 min the 1.6443 hopefully was the retrace to the 618 fib from the 1.6473
Cable Update (GBPUSD)