Attachments: Cable Update (GBPUSD)

Cable Update (GBPUSD)

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#338,321
Apr 4, 2013 7:34am Apr 4, 2013 7:34am

inpatient
| Joined Dec 2011 | Status: Rags to riches | 1,316 Posts

Quoting ohenry

Disliked

Short @ 5117..SL 50..TP..4950...

Ignored

with the news about to break? wtf

Bad US claims, will help us to 1.52 today maybe

Money never sleeps...

#338,322
Apr 4, 2013 7:35am Apr 4, 2013 7:35am

inpatient
| Joined Dec 2011 | Status: Rags to riches | 1,316 Posts

Quoting Alanamc

Disliked

Nice 1 hour bull candles. 1.515X is the level to keep an eye on.

Ignored

wont hold, 1.52 coming

Money never sleeps...

#338,323
Apr 4, 2013 7:37am Apr 4, 2013 7:37am

Pip Anon
Joined Jan 2013 | Status: Trading defies logic | 4,643 Posts

Quoting inpatient

Disliked

wont hold, 1.52 coming

Ignored

Shit I was long 1.508, was looking weak bagged a few pips and BAM 70 pips later

When the facts change I change my mind, what do you do sir

#338,324
Apr 4, 2013 7:39am Apr 4, 2013 7:39am

Thfc
| Joined Oct 2012 | Status: Trader | 38 Posts

Quoting inpatient

Disliked

wont hold, 1.52 coming

Ignored

Thats where I aim to start building some shorts. First one at 1.5185

#338,325
Apr 4, 2013 7:41am Apr 4, 2013 7:41am

A-speculator
Joined May 2009 | Status: Trader | 4,895 Posts

Cleared my long.. will find an entry later..

#338,326
Apr 4, 2013 7:43am Apr 4, 2013 7:43am

inpatient
| Joined Dec 2011 | Status: Rags to riches | 1,316 Posts

Quoting A-speculator

Disliked

Cleared my long.. will find an entry later..

Ignored

once Draghi closes his mouth cable will resume upwards

Money never sleeps...

#338,327
Apr 4, 2013 8:01am Apr 4, 2013 8:01am

A-speculator
Joined May 2009 | Status: Trader | 4,895 Posts

Quoting inpatient

Disliked

once Draghi closes his mouth cable will resume upwards

Ignored

Lets see the 4h later..

#338,328
Edited 8:26am Apr 4, 2013 8:14am | Edited 8:26am

blobsaudio
| Joined Feb 2013 | Status: Trader | 334 Posts

Longs look good based on the divergence on the 4HR chart.

Attached Image (click to enlarge)

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Attached Image (click to enlarge)

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The only concern is the size of the wick, which I believe is mainly there due to the Draghi affect on EUR/USD.

#338,329
Apr 4, 2013 8:32am Apr 4, 2013 8:32am

A-speculator
Joined May 2009 | Status: Trader | 4,895 Posts

Quoting RussJ

Disliked

I've just bought that re test as well at 150.45 playiong for 15110

Ignored

i'm going to short at 5120..

#338,330
Apr 4, 2013 8:33am Apr 4, 2013 8:33am

A-speculator
Joined May 2009 | Status: Trader | 4,895 Posts

Quoting blobsaudio

Disliked

Longs look good based on the divergence on the 4HR chart. {image} {image} The only concern is the size of the wick, which I believe is mainly there due to the Draghi affect on EUR/USD.

Ignored

i see u really like buying at the resistance.. not a good practise i think..

#338,331
Apr 4, 2013 8:41am Apr 4, 2013 8:41am

blobsaudio
| Joined Feb 2013 | Status: Trader | 334 Posts

Quoting A-speculator

Disliked

i see u really like buying at the resistance.. not a good practise i think..

Ignored

I don't deem there to be much resistance here, other than around 1.5118, it is one of the weaker ones based on observations these past few weeks. The next big resistance level for me is around 1.5185 to 1.52.

If it was a signal from the 1HR chart I would be more concerned, as it is the 4HR I don't see this weaker resistance area being a problem.

The trade further up is over a week old now and was entered based on a weekly candle closing comfortably above 1.5185.

#338,332
Apr 4, 2013 8:42am Apr 4, 2013 8:42am