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Cable Update (GBPUSD)

  • #344,401
  • Jul 29, 2013 7:56am Jul 29, 2013 7:56am
Quoting Parox
{quote} We are getting closer that mark and pair will easily break that barrier to reach 1.55
1,5349 is very importan resistance,kijun h4 + Tenkan daily. Ichimoku. Daily is bullish.
  • #344,402
  • Jul 29, 2013 8:16am Jul 29, 2013 8:16am
Quoting Ambar
{quote} 1,5349 is very importan resistance,kijun h4 + Tenkan daily. Ichimoku. Daily is bullish.

no its not..how can it be bullish?
  • #344,403
  • Jul 29, 2013 8:47am Jul 29, 2013 8:47am
Quoting nAVIN2007
{quote} no its not..how can it be bullish?
I see the daily bullish yet, although it has found a big resistance upside. But there is one H4 Kijun flat at 53.47 and one Tenkan daily going upward at 53.43. This is not easy to break. It's a big border. You can choose to put a long here with a tight stop. Althogh there are news. Look the problems the cable has to break now 53.43, realize there is something there. Now they can be waiting for the news.
  • #344,404
  • Jul 29, 2013 8:54am Jul 29, 2013 8:54am
Quoting nAVIN2007
{quote} .i spent a fortune on vegetable troughs..

best wishes for your Mum, Nav - hope it goes well for her -

I'm ok - getting a few weeks feet-up time over here all good
  • #344,405
  • Edited 10:13am Jul 29, 2013 9:39am | Edited 10:13am
ok for Monday ranging with 5345 breached , next day( may even today if the mini crush started> seems so & so correction can be limited to 5365 for go below 5300 ) will search for 5263 breach to 5221 test , decision can be on wednesday / thursday.Market should not be in hurry at this critical situation > aborting crazy bull action at least now .

similar to gold 1323 breaks to start & confirm at 1308, next confirmation 1300 for 1295 to 67 as most toughest areas in gold & can good bounce also !!

eu , http://www.forexfactory.com/showthre...36#post6852836
fontu
Attached Image(s) (click to enlarge)
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #344,406
  • Jul 29, 2013 9:49am Jul 29, 2013 9:49am
Quoting TauTrader
{quote} Good day to you, No - unfortunately not. In any case - who would want an indicator that is not 100% reliable? As you can see - I'm losing profits at the moment. Regards
Good day,

Decided to keep longs open for a little while more..

Today may be trapping.

Regards
  • #344,407
  • Jul 29, 2013 10:05am Jul 29, 2013 10:05am
Quoting TauTrader
{quote} Good day, Decided to keep longs open for a little while more.. Today may be trapping. Regards
Then do you keep your longs in RED ?
  • #344,408
  • Jul 29, 2013 10:22am Jul 29, 2013 10:22am
Quoting Maso
{quote} Then do you keep your longs in RED ?
Good day to you,

I'm still actually in profit. Not much - $100.00 or so.

But yes - I have taken the decision to hold a bit.

All the best.

Regards
  • #344,409
  • Jul 29, 2013 10:31am Jul 29, 2013 10:31am
Quoting chazzle
{quote} best wishes for your Mum, Nav - hope it goes well for her - I'm ok - getting a few weeks feet-up time over here all good

thanks buddy
  • #344,410
  • Jul 29, 2013 11:06am Jul 29, 2013 11:06am
Quoting Maso
{quote} Then do you keep your longs in RED ?
Sir Maso,

You are obviously a strong bear on GU at the moment. I understand.

Where do you see this pair going?

All success
  • #344,411
  • Jul 29, 2013 11:13am Jul 29, 2013 11:13am
Quoting TauTrader
{quote} Sir Maso, You are obviously a strong bear on GU at the moment. I understand. Where do you see this pair going? All success
tautrader your a smart man.
  • #344,412
  • Jul 29, 2013 11:27am Jul 29, 2013 11:27am
Quoting Robot
{quote} tautrader your a smart man.
Good day to you, Sir Robot

Not sure.. like to be different though. Has worked for me so far.

I assume you are looking for higher from current levels?

All the best
  • #344,413
  • Jul 29, 2013 12:02pm Jul 29, 2013 12:02pm
Good day,

4hr prints a possible long. May give me 10 or 15.

Regards
Attached Image (click to enlarge)
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  • #344,414
  • Jul 29, 2013 12:39pm Jul 29, 2013 12:39pm
Quoting Fx-gtg
gbp showing rejection of 61.8 retracement {image}
1.5283 will be attacked soon. if it doesnt recover in 1hr 4hr to last week highs
  • #344,415
  • Jul 29, 2013 5:50pm Jul 29, 2013 5:50pm
tried to post this before the site went down.. Hopefully you can see between the double image.. Just trying to show theres been re-occuring patterns and fib levels here. Shorted this one this afternoon.
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Fall down 7 times, Stand up 8.
  • #344,416
  • Jul 29, 2013 6:01pm Jul 29, 2013 6:01pm
Quoting TauTrader
{quote} Sir Maso, You are obviously a strong bear on GU at the moment. I understand. Where do you see this pair going? All success
Honestly, since second of July I stopped thinking bear on cable. I closed one of my shorts then. Now, I see a strong bear pressure on the pair but I am out till Wednesday and Thursday which we'll see two major decisions.

Cable has the potential to seek to 1.40 area as well as shooting up to over 1.70. But it depends on Super Mario and Mr Bernanke.
  • #344,417
  • Jul 30, 2013 12:54am Jul 30, 2013 12:54am
  •  pipsfx
  • | Joined Nov 2008 | Status: Wanted to do well as others too. | 11 Posts
I were wondering weather to sell...it frm bounce [email protected] or Or buy @4hr. As previous post it looks bearish still potential buy for some pips.
  • #344,418
  • Jul 30, 2013 2:56am Jul 30, 2013 2:56am
Quoting Maso
{quote} Honestly, since second of July I stopped thinking bear on cable. I closed one of my shorts then. Now, I see a strong bear pressure on the pair but I am out till Wednesday and Thursday which we'll see two major decisions. Cable has the potential to seek to 1.40 area as well as shooting up to over 1.70. But it depends on Super Mario and Mr Bernanke.
I also have changed my view i see a potential for 1.45..its very hard to see a clear path..i agree either way its an intervention
  • #344,419
  • Jul 30, 2013 3:56am Jul 30, 2013 3:56am
Checking out charts on lunch break sucks! Hah, but it seems at least for now we may at least head that way south. 1.45 would be nice though
Fall down 7 times, Stand up 8.
  • #344,420
  • Jul 30, 2013 4:39am Jul 30, 2013 4:39am
Can't say if this is logical way to draw, what do you think about triangle and its break target?
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