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Cable Update (GBPUSD)

  • #321,341
  • Aug 13, 2012 6:54am Aug 13, 2012 6:54am
Quoting redbeben
Steve Jobs is alive and living in the hollow earth.

he left USA on a Uboat with Hitler...which is still alive as well.
I believe you ... I have seen them too ...
Human
  • #321,342
  • Aug 13, 2012 7:05am Aug 13, 2012 7:05am
Quoting rokokdaun
i doubt it will get back there for now
Our trendlines are showing it should reach about 1.5540, from their we will look for either a break below or to bouce off before taking a stance on this pair. Looks very undecided at the present with no clear direction.
Dream Big and Dare to Fail
  • #321,343
  • Aug 13, 2012 7:10am Aug 13, 2012 7:10am
P.S. Hello to all, we are new member to FF. Hopefully you will be seeing a lot more of us.
Dream Big and Dare to Fail
  • #321,344
  • Aug 13, 2012 7:12am Aug 13, 2012 7:12am
Quoting Amar_takhar
Our trendlines are showing it should reach about 1.5540, from their we will look for either a break below or to bouce off before taking a stance on this pair. Looks very undecided at the present with no clear direction.
i doubt that.. unless price broke 5688 .. 5700 has been broken.. it's about time to go up further..
  • #321,345
  • Aug 13, 2012 7:15am Aug 13, 2012 7:15am
The channel was not broken the last H4, if the US does not push it clearly above this channel and holds, we could be just getting back to a slow grinding painful trading range again.
Attached Image
  • #321,346
  • Aug 13, 2012 7:16am Aug 13, 2012 7:16am
Quoting rokokdaun
i doubt that.. unless price broke 5688 .. 5700 has been broken.. it's about time to go up further..
what if price goes back to 1.5658 ? then 1.5605-10 to go long again ?

honestly I was expecting 1.5733-50 and from there to short the hell out of it but I guess I ran out of luck 20 pips before

now we might see lows before reloading for more up.
or we might shoot up now
  • #321,347
  • Aug 13, 2012 7:19am Aug 13, 2012 7:19am
Quoting rokokdaun
i doubt that.. unless price broke 5688 .. 5700 has been broken.. it's about time to go up further..
We do agree that their should be a small move long. Potentially to the previous highs of 15740-50, Also we have a 200MA at 1.5751 but we feel the pair is still range bound.
Dream Big and Dare to Fail
  • #321,348
  • Aug 13, 2012 7:33am Aug 13, 2012 7:33am
Long GBPUSD @ 1.5697
  • #321,349
  • Aug 13, 2012 7:35am Aug 13, 2012 7:35am
Quoting redbeben
what if price goes back to 1.5658 ? then 1.5605-10 to go long again ?

honestly I was expecting 1.5733-50 and from there to short the hell out of it but I guess I ran out of luck 20 pips before

now we might see lows before reloading for more up.
or we might shoot up now
on m5 5688 i see push up protecting that lvl .. hopefully it doesn't channel down within next few hour before H4 closing

im holding my long since 75. SL @ BE now..
  • #321,350
  • Aug 13, 2012 7:41am Aug 13, 2012 7:41am
Quoting Darkforce
The channel was not broken the last H4, if the US does not push it clearly above this channel and holds, we could be just getting back to a slow grinding painful trading range again.
totally right.. buy a fake breakout of this channel will not wonder me at all.. so beaware everyone
  • #321,351
  • Aug 13, 2012 7:42am Aug 13, 2012 7:42am
Why isn't the Euro going south :'(
  • #321,352
  • Aug 13, 2012 7:50am Aug 13, 2012 7:50am
Short 5 orders 1.57 to 1.571

T/P in the high 1.55's


(opposite trade to late last week, range bound all week again my brothers IMO).
Attached Image (click to enlarge)
Click to Enlarge Name: 0813.jpg Size: 190 KB
Money never sleeps...
  • #321,353
  • Aug 13, 2012 8:02am Aug 13, 2012 8:02am
Quoting inpatient
Short 5 orders 1.57 to 1.571

T/P in the high 1.55's


(opposite trade to late last week, range bound all week again my brothers IMO).

Totally agree, Hopefully their are good pips for us all
Dream Big and Dare to Fail
  • #321,354
  • Aug 13, 2012 8:03am Aug 13, 2012 8:03am
Quoting Chanya
I believe you ... I have seen them too ...
lol
Loosening is not an option
  • #321,355
  • Aug 13, 2012 8:04am Aug 13, 2012 8:04am
updated with more accurate lines and all trades now placed (7 now)

back to bed for a few hours (we may see this move 30-40 higher first but back in the 1.55's at some point within 2 days) 725 pips.

Good luck to all
Attached Image (click to enlarge)
Click to Enlarge Name: 0813.jpg Size: 190 KB
Money never sleeps...
  • #321,356
  • Aug 13, 2012 8:07am Aug 13, 2012 8:07am
Quoting fxkiller
totally right.. buy a fake breakout of this channel will not wonder me at all.. so beaware everyone

Jep fake but hope we will catch the train down the hill
Loosening is not an option
  • #321,357
  • Aug 13, 2012 8:19am Aug 13, 2012 8:19am
Triple sma resistance ahead for gbp/usd on the daily. That would be the short term upside targets.4 hour chart shows bull strength so far. We will see where the sell orders are sitting later.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: cable daily.gif Size: 33 KB
Click to Enlarge Name: cable 4 hour.gif Size: 36 KB
  • #321,358
  • Aug 13, 2012 8:21am Aug 13, 2012 8:21am
Quoting inpatient
updated with more accurate lines and all trades now placed (7 now)

back to bed for a few hours (we may see this move 30-40 higher first but back in the 1.55's at some point within 2 days) 725 pips.

Good luck to all
my short loading alley is 1.5733-1.5750

tp 1.5550

so you're covered so far

I'm also short EU 1.2350 TP 1.2225 from where long to 1.2460
  • #321,359
  • Aug 13, 2012 8:24am Aug 13, 2012 8:24am
Quoting redbeben
my short loading alley is 1.5733-1.5750

tp 1.5550

so you're covered so far

I'm also short EU 1.2350 TP 1.2225 from where long to 1.2460

looking good
Loosening is not an option
  • #321,360
  • Aug 13, 2012 8:31am Aug 13, 2012 8:31am
Quoting redbeben
my short loading alley is 1.5733-1.5750

tp 1.5550

so you're covered so far

I'm also short EU 1.2350 TP 1.2225 from where long to 1.2460
i am shorts already 1.5707, 1.5700, 1.5696....
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