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Cable Update (GBPUSD)

  • #346,181
  • Sep 2, 2013 3:37am Sep 2, 2013 3:37am
he he...
Come with me if you want to live....
  • #346,182
  • Sep 2, 2013 3:39am Sep 2, 2013 3:39am
Is testing W1 R1 resistance.
  • #346,183
  • Sep 2, 2013 3:40am Sep 2, 2013 3:40am
Quoting Ill-b-back
he he...

the cautious seldom err....C
  • #346,184
  • Sep 2, 2013 3:48am Sep 2, 2013 3:48am
..cable is trying to back to 1.56 :nerd:
Revenge of Scalper
  • #346,185
  • Sep 2, 2013 3:49am Sep 2, 2013 3:49am
based on current progression on h4, perhaps it is time to plan for aussie and kiwi long entry..
  • #346,186
  • Sep 2, 2013 4:05am Sep 2, 2013 4:05am
Quoting A-speculator
based on current progression on h4, perhaps it is time to plan for aussie and kiwi long entry..
and shorted on ucad 0535..
  • #346,187
  • Sep 2, 2013 4:05am Sep 2, 2013 4:05am
Somewhat neutral on cable currently but leaning slightly towards the bearish side. One small observation I have made is GBP/USD and GBP/JPY have continued their 'me to' act this morning and both hit zones I have marked out at the same time.

Attached Image (click to enlarge)
Click to Enlarge Name: hmm.jpg Size: 167 KB


Not forgetting the two gaps on both, considering it is customary to fill gaps most of the time.
  • #346,188
  • Sep 2, 2013 4:19am Sep 2, 2013 4:19am
Quoting AcesHigh
..cable is trying to back to 1.56 :nerd:
Trying hard but unable to progress. Why? All news for today looks good for gbp and eur yet impact is minimal.
  • #346,189
  • Sep 2, 2013 4:20am Sep 2, 2013 4:20am
schematic views gu short to long term > much more turmoils than eu , stay upside longer time .
fontu
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbpusddaily.png Size: 40 KB
Click to Enlarge Name: gbpusdm5.png Size: 33 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #346,190
  • Sep 2, 2013 4:22am Sep 2, 2013 4:22am
Moving up nicely, 1.57 looks to be on its way.
I have no clue what I'm talking about.
  • #346,191
  • Sep 2, 2013 4:29am Sep 2, 2013 4:29am
Quoting Boy Wonder
Moving up nicely, 1.57 looks to be on its way.
I was hoping but it didnt happen. Why?
  • #346,192
  • Sep 2, 2013 4:34am Sep 2, 2013 4:34am
Quoting Boy Wonder
Moving up nicely, 1.57 looks to be on its way.
May be here & there some 5640 or so if above 5600 this session & not in a straight line either ( after a correction down around 5487) but all targets remain down 5460 BO as first target to down continue ,5300 2nd, 5233 3rd ,5140 4th,4960 5th & so .
lets see top of this swing hold or not first .
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #346,193
  • Sep 2, 2013 4:44am Sep 2, 2013 4:44am
Quoting A-speculator
{quote} and shorted on ucad 0535..
A-spec

Also have Ucad small shorts, but i'm careful, as no serious sellers present as yet. Plenty of retail still short with bulk of stops still above. I hold the view that we may challenge 1.07x - said this all along...

Good on your GU long.

Regards
  • #346,194
  • Sep 2, 2013 4:47am Sep 2, 2013 4:47am
Good day,

Buyers/sellers still mixed. Waiting for some serious sellers to enter the market before I short. Still sideline.

Regards
  • #346,195
  • Sep 2, 2013 4:48am Sep 2, 2013 4:48am
Headed to 1.54. Reason simple. All are bullish
  • #346,196
  • Sep 2, 2013 4:52am Sep 2, 2013 4:52am
Quoting giveachance
Headed to 1.54. Reason simple. All are bullish
From my chart there is still gap from Friday close and Monday open..
  • #346,197
  • Sep 2, 2013 4:53am Sep 2, 2013 4:53am
Quoting giveachance
Headed to 1.54. Reason simple. All are bullish
Good day,

You may be right... later. Currently 3711 contracts long vs 9989 short. Update - 3720 long vs. 9997 short. No signs of a sustainable down move as yet.

Regards
  • #346,198
  • Sep 2, 2013 4:54am Sep 2, 2013 4:54am
Quoting Purple
{quote} From my chart there is still gap from Friday close and Monday open..
I don't think cable can produce any better data than what we had today.
  • #346,199
  • Sep 2, 2013 4:55am Sep 2, 2013 4:55am
Quoting TauTrader
{quote} Good day, You may be right... later. Currently 3711 contracts long vs 9989 short. Update - 3720 long vs. 9997 short. No signs of a sustainable down move as yet. Regards
You will see. It may come down to 1.52 also. I will hold cable shorts for the entire month now
  • #346,200
  • Sep 2, 2013 5:01am Sep 2, 2013 5:01am
Quoting Purple
{quote} From my chart there is still gap from Friday close and Monday open..
For that matter the mervyn king gap of 1.48
x is not filled. Bottomline gaps may or may not get filled
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