Cable Update (GBPUSD)

I went long this morning at 1.6110 as my H4 Trend lines indicate we could be at a new bottom. If she breaks the Bottom H4 Trend, she will target S1 at 1.6024 where I will take another buy and then S2 at 1.5986.

Seems like I'll eat your short !

I'm gonna wait for a pull back, then go long. I'd like to see a few more bars close above 6110 area.

Donnie

+

yum.. dinner

already move ???




idr : masih ada kesempatan sell, target lumayan, masuk di 6164, (candle 1 hour yg mengalahkan kemarin) semoga gak sampe tembus waktu london open,


wah ketularan manize nih...,apa2 diambil..., (gpp lah kecil ini..,)

GBP/USD Weekly Outlook

GBP/USD edged higher to 1.6456 last week but reversed below mentioned 61.8% retracement of 1.6875 to 1.5829 at 1.6475 and falls sharply to as low as 1.6086. The development indicates that corrective rise from 1.5829 has completed with three waves up to 1.6456 already and whole decline from 1.6875 should be resuming. Initial bias is on the downside this week for 1.5829 support first. Break will confirm this bearish case and target 1.5706 key cluster support. On the upside, though, above 1.6284 minor resistance will delay the bearish view and turn focus back 1.6456 resistance
In the bigger picture, we're still favoring the bearish case that medium term rebound from 1.3503, which is treated as a correction to down trend from 2.1161, has completed at 1.7043.
Firm break of 1.5706 cluster support (38.2% retracement of 1.3503 to 1.7043 at 1.5691) will confirm this case and indicate that whole down trend from 2.1161 is likely resuming for a new low below 1.3503. However, note that break of 1.6456 resistance will in turn shift favor to the case that recent price actions from 1.7043 are merely developing into consolidations to the larger rise from 1.3503. That is, whole medium term rise from 1.3503 might not be finished yet and another rise could still be seen to 1.7332/8236 (50% and 61.8% retracement of 2.1161 to 1.3503) before completion.
In the longer term picture, the corrective nature of the multi-decade advance from 1.0463 (85 low) to 2.1161 as well as the impulsive nature of the fall from there suggests that GBP/USD is now in an early stage of a long term down trend. Rebound from 1.3503, which is treated as correction in the larger down trend, should be limited by resistance zone of 1.7332/8236 and bring down trend resumption towards 1.4063 low. We'll hold on to the bearish view as long as 1.8236 fibonacci level holds.

Jangan ikutan, saya sudah memperhitungkan seandainya loss nggak berarti banyak dibanding perolehan pips saya minggu yang lalu !

Don't follow me ! Trade your plan based on your plan to trade, I have taken account that if I'll get loss just only a peanut pips compared with my last week gain !

UK has ended recession

No Group take on the direction of Cable today... We are all gut less!! Come on I go LONG... Who's with me?

I am on long side but trading E/J long since 127.10

If 1.62520 will break and on H1 candle will close upper, I with you

Maybe London session then it tanks. Dow is starting its Wave 3 with a target of 6000 thus USD will go up GBP goes down.

reznik , I was buying the bounces off of the open , easy tgt was hit ,the 1st one lol, working on 2nd and above now

Don't Waste The Time !

As usual just you and me and for today with brother thirtypips ! Good luck bro !

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we will help


http://i1.i.ua/prikol/pic/6/7/307476.jpg

Me too ! Good Luck ! I think we need this in this roller-coaster !

Hi Vilas!!!!
http://i1.i.ua/prikol/pic/5/6/343865_330332.jpg

How u so sure? Did you post a chart that I missed? I do have a limit order waiting @ 6120

Thanks,

Donnie