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Cable Update (GBPUSD)

Monarch,

As requested, here's my take.

On my system, might go to 665-675 before going up again.

Cheers!


.
Quoting ronaldinho
Monarch,

As requested, here's my take.

On my system, might go to 665-675 before going up again.

Cheers!


.
What system do you use? I just put on some Fibs and noticed those levels looked good... 655 has even more support.
Quoting mmccormac
What system do you use? I just put on some Fibs and noticed those levels looked good... 655 has even more support.
vegas and hourly emas. keepin it simple
the 1.9684 as held on the 5 minute for the 3rd time.

Possible Short 1.9684 broken?

If not and it rises to over 1.9702 possible Long?

Only my thoughts for myself here folks.

Monarch
I see 9680 as the bottom of the current chanel & Pivot @ 9664
Hmm.. looks like everyone ready to enter long.

I entered short at 1.9700...
"Invest With The Insiders, Not The Masses" George Muzea
Quoting ronaldinho
vegas and hourly emas. keepin it simple
I use the EMA's as well but use the Fib numbers... 55, 89, 144, 233 ect. They work great. I like my charts bare so I can read the candles but use Pivot points and EMA's to see possible turning points.
If not and it rises to over 1.9702 possible Long?

Correction 1.9707 possible Long?

Monarch
how does the upcoming GDP data look? Any thoughts about it?
Bit on the Sale at 1.9681
I'm looking for a bounce on 1.9667 before closing my short and going long again.

Don't follow me, I might be wrong.
Quoting ronaldinho
I'm looking for a bounce on 1.9667 before closing my short and going long again.

Don't follow me, I might be wrong.
you may have 1/2 the chance to be right.

Monarch
Are we going short now
Quoting synopses
Are we going short now

There is no "We" in trading... Only you pay for your losses. You can share your profits if you like though.
Give me your account info and I will send some of the pips I make (if I make any)
Looks like we will have a nice bounce off the 26ema. This is still looking long to me.
Closed my short at 1.9669 then opened long. Simple is beautiful..
Quoting ronaldinho
Closed my short at 1.9669 then opened long. Simple is beautiful..
Great call. I was looking for 665 but got in just a little above you when I noticed price jumping off that level. Nice fill.
Base on my system it is almost 60% short signal...
Quoting mmccormac
Great call. I was looking for 665 but got in just a little above you when I noticed price jumping off that level. Nice fill.
Was hoping for 667 but figured out 669 may be enough. Lucky me.
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