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Cable Update (GBPUSD)

Quoting USD-Bear
, it's genuine GBP strength atm , with some prolonged USD weakness it could go fast.
yup your nick says it all
euro is actually holding this down..the weekly pin on that hasnt triggered..if it does this could fly..

part of my trading is trying to forecast pattern formations..monthly looking kinda unhealthy for higher than 1.60..1.60 is place where the bums will get on board for a long and this can go back down..everything is done to get the bums on board..then leave them in the sea to drown

1.57 will confuse both sides so its the perfect place imho

retraced to 61.8..could playout ABCD formation
Attached Image (click to enlarge)
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Quoting nAVIN2007
yup your nick says it all
euro is actually holding this down..the weekly pin on that hasnt triggered..if it does this could fly..

part of my trading is trying to forecast pattern formations..monthly looking kinda unhealthy for higher than 1.60..1.60 is place where the bums will get on board for a long and this can go back down..everything is done to get the bums on board..then leave them in the sea to drown

1.57 will confuse both sides so its the perfect place imho




rgds,
iqyu
http://www.forexfactory.com/showpost...&postcount=639
Discussion Group at Telegram: ParisVanJafaThread
wait for short
Quoting mygoldenpips
i long from 5515 today...
still keeping this long position...
unless we able to break 5500...
them i reconsider my long...
but till now..long is my side..
happy trading all..
"posa jangan tak posa"...
, we got in at the same price, im long at 1.5515, t/p 1.5715 at the moment, i got my eye on my trend line any signs of a reversal and im going short. been busy il try to keep you up to date on my trade,good luck
Quoting fxoxford
, we got in at the same price, im long at 1.5515, t/p 1.5715 at the moment, i got my eye on my trend line any signs of a reversal and im going short. been busy il try to keep you up to date on my trade,good luck

if it goes to 1.57..trend change on 4hr is confirmed to be up!!..will take a doji on the next 4hr to make me think we heading for 1.55 again..be lucky!!
Quoting nAVIN2007
yup your nick says it all
euro is actually holding this down..the weekly pin on that hasnt triggered..if it does this could fly..

part of my trading is trying to forecast pattern formations..monthly looking kinda unhealthy for higher than 1.60..1.60 is place where the bums will get on board for a long and this can go back down..everything is done to get the bums on board..then leave them in the sea to drown

1.57 will confuse both sides so its the perfect place imho

retraced to 61.8..could playout ABCD formation
If you see the 1.600 => 1.536 as a retrace of the 1.424 => 1.600 move (38%) and 1.536 holds I could see a very bright future ahead.
But lets take it step by step
Don't be a hero. Don't have an ego. Always question yourself
Quoting nAVIN2007
if it goes to 1.57..trend change on 4hr is confirmed to be up!!..will take a doji on the next 4hr to make me think we heading for 1.55 again..be lucky!!
, i realy don't see nothing that suggest short, everything look long at the moment, so we could see 1.5700 area. lets see what happens
Quoting fxoxford
, we got in at the same price, im long at 1.5515, t/p 1.5715 at the moment, i got my eye on my trend line any signs of a reversal and im going short. been busy il try to keep you up to date on my trade,good luck
im long at 1.5515, s/l 1.5450, t/p 1.5715. good luck to all
yea,,,,,,,,,, lets all go looooooooooooooooooooong

It is after all only $$$$$$
Quoting AdrianHNV
yea,,,,,,,,,, lets all go looooooooooooooooooooong

It is after all only $$$$$$
only if trading was that easy. il be a billionaire
Quoting fxoxford
. il be a billionaire
Is that like a Beeionaire
Quoting AdrianHNV
Is that like a Beeionaire
Quoting fxoxford
im long at 1.5515, s/l 1.5450, t/p 1.5715. good luck to all
i will feel much better when this thing breaks 1.5600.
so far everything still look long on my chart
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I just everyone too buy Looooooooooooong so I can buy short from 1.613 down too 1.5217

That's where the Honey is apparently
Quoting AdrianHNV
I just everyone too buy Looooooooooooong so I can buy short from 1.613 down too 1.5217

That's where the Honey is apparently
your be in for a big surprise
Hopefully
Quoting USD-Bear
If you see the 1.600 => 1.536 as a retrace of the 1.424 => 1.600 move (38%) and 1.536 holds I could see a very bright future ahead.
But lets take it step by step
yes buddy step by step

Quoting fxoxford
, i realy don't see nothing that suggest short, everything look long at the moment, so we could see 1.5700 area. lets see what happens
Quoting AdrianHNV
I just everyone too buy Looooooooooooong so I can buy short from 1.613 down too 1.5217

That's where the Honey is apparently
Hoping it will complete the channel huh?
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Quoting grashid
why not?

1. H4=daily=weekly : min 200-250 pips from 5460 area where we may seen this month august close in DOJI or nice pin where this NFP could be very very interesting for shorter. I am expecting this formation in monthly will happen ~ 566 area. so 5720-5780 or even 5800...
understood
Verily, in every difficulties there is relief
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