GBP/USD 4hr Setup in The Daily Time Frame

[rolston]

hit 1hr support at 5780

may pull back up

 

[targus+]

She's quite bullish on the lower t/f

 

[targus+]

a hammer up on 15 t/f mm..

 

[targus+]

Yes, up?

 

[targus+]

I managed a nice 50 pips Rolston, many thanks. I jumped out at 5750. I might jump back in though, not sure yet.

 

[targus+]

you still short rolston?

 

[rolston]

TARGUS

off out tonight see you on monday

DO not trade sunday night

 

[targus+]

TARGUS

off out tonight see you on monday

DO not trade sunday night

Ok Rolston
Have a nice weekend. Just out of interest whats with sunday night? Whats happening?

 

[targus+]

Morning, Rolston
Pretty dully today, till tomorrow with the news I expect.

 

[targus+]

You still short, Rolston?

 

[rolston]

hiting 1hr support here

 

[targus+]

Just gone short again, I take you are short for target 5684?

 

[targus+]

Rolston, you on a morning jog or walking the dog?

 

[rolston]

gust got in

on 4hr Mvage
may be long play with stop behind 4hr

 

[targus+]

What 4hr Mvage do you use? My 4hr stochastics is nearly lining for a buy in line with the daily, we are also at the lower end of the Average True Range for the day also, still in an uptrend. | have just pulled my short off. The 'guru' sites say we are to expect the gbp/usd to hit the low of 5300 area? My technicals tell me we are very much still in an uptrend?

 

[targus+]

5730 long trigger?? She's holding very well here!

 

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Ok, I'm long Rolston.

 

[rolston]

5 min rist at 5749

15 mi

 

[targus+]

5 min rist at 5749

15 mi

????

 

[targus+]

Sorry, mis-read.