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Cable Update (GBPUSD)

  • #346,341
  • Edited 12:43am Sep 4, 2013 12:07am | Edited 12:43am
Quoting mrfigure
{quote} Think you need to look a bit further back before calling that a perfect uptrend !
I'm talking about the last two months, not the last 3 years.
  • #346,342
  • Sep 4, 2013 12:21am Sep 4, 2013 12:21am
Quoting Tsar
{quote} I just say HALLO for you, Bro... Attention in Price 1.5638 Ps. Sadly I can't used SMILEY icons. I didn't know... Used Firefox v 23.0.1 (the Last) ; Java & Adobe Flash - the Last too
Hi Tsar, how are you going?
Come with me if you want to live....
  • #346,343
  • Sep 4, 2013 1:16am Sep 4, 2013 1:16am
Sold aussie 9100 test position - high risk positioning..
  • #346,344
  • Sep 4, 2013 1:39am Sep 4, 2013 1:39am
Quoting A-speculator
Sold aussie 9100 test position - high risk positioning..
Now i felt like what the bloody hell am i doing in the middle of an uptrend? Lol. Limit is just 20 pips.. bank in 1k+ for shorting gold and oil now felt like giving some away?
  • #346,345
  • Sep 4, 2013 1:44am Sep 4, 2013 1:44am
Gidday

My long GBP/US 1.5560 15700 TP 15700 15750 TP

Its right on the line

These we dips an dives

makes you think its going to drop its load

in a heart beat:nerd:
  • #346,346
  • Sep 4, 2013 1:55am Sep 4, 2013 1:55am
Order on cable and aussie cleared.. now i'm thinking cable wont tank in nearest time.. will look to enter long on fiber at about 3170.. currently only long on oil and gold..
  • #346,347
  • Sep 4, 2013 2:07am Sep 4, 2013 2:07am
Quoting Ill-b-back
{quote} Hi Tsar, how are you going?

Happy with Family LOL



Hey, Bro... take a look Aussie. BULLISH like Rocket Now !
Attached Image
Always looking the GREAT, never left GOOD Point...
  • #346,348
  • Sep 4, 2013 2:10am Sep 4, 2013 2:10am
Good day,

We are back up to resistance. Reject again or may become support.. Not in GU trade at this time.

All the best
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdh4.png Size: 61 KB
  • #346,349
  • Sep 4, 2013 2:26am Sep 4, 2013 2:26am
Quoting TauTrader
Good day, We are back up to resistance. Reject again or may become support.. Not in GU trade at this time. All the best {image}
Let's see.. if cable manage to trade sustainably above 5570, imho we wont see any lower price at least in the nearest time
  • #346,350
  • Sep 4, 2013 2:38am Sep 4, 2013 2:38am
G/M,

Another bullish bodied daily candle yesterday but the 2nd consecutively where the upper wick is longer than the body, and the lower wick - signs of sellers present ? 5th daily range in a row under 20 day atr yesterday also ! - this is now down to 97. Asian session mixed. Last 1hr close (0700 London close @ 0800) was bullish following 3 x 1hr doji's...but 1hr/4hr are rangy re opa (overall price action.)

Uk data coming up @ 0930 - the biggest of the Pmi surveys - services - accounts for circa 80% + of Uk economy...will this too surprise to the upside like the 2 before it ? Could again cause a wiggle on the knee-kjerk like manuf and Construction but the pattern there was a knee-jerk upside move followed by a sell off ...will this repeat too ?

Potential H&S spotters on the daily ?

G/L
ex member
  • #346,351
  • Sep 4, 2013 2:53am Sep 4, 2013 2:53am
Do or die for me
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbpusddaily.png Size: 34 KB
Click to Enlarge Name: gbpusdweekly.png Size: 36 KB
Come with me if you want to live....
  • #346,352
  • Sep 4, 2013 3:01am Sep 4, 2013 3:01am
Hope it achieves your target...I guess yesterday's 5602 (around Weekly R1 and today's Daily R1) might be the 1st target for any upside maybe the knee-jerk react on any better than forecast Uk services PMI print ?. That last daily/weekly swing hi at 5716 may then move into view ?...some potential tech upside obstacles ahead of it (as usual.)

G/L

Quoting Ill-b-back
Do or die for me {image} {image}
ex member
  • #346,353
  • Sep 4, 2013 3:09am Sep 4, 2013 3:09am
Quoting Ill-b-back
Do or die for me {image} {image}
Looks like the UK Services PMI number will be good. I won't be surprise if you make it this time. Wish you all the luck.
Don't blame the tools. Blame the carpenter.
  • #346,354
  • Sep 4, 2013 3:13am Sep 4, 2013 3:13am
Quoting KecoaKecil
{quote} Looks like the UK Services PMI number will be good. I won't be surprise if you make it this time. Wish you all the luck.
If cable wants to go up, it does not need any green news.
  • #346,355
  • Sep 4, 2013 3:15am Sep 4, 2013 3:15am
Quoting Ill-b-back
Do or die for me {image} {image}
Something in 1.54 should be finished before
  • #346,356
  • Sep 4, 2013 3:41am Sep 4, 2013 3:41am
Upside react on data release...testing bottom 1/2 of that previous 1hr/4hr swing hi leading to yesterday's 5602 hi now...Daily R1/Weekly R1 in there,... in the 4hr previous swing hi zone leading to 5611 above it - 2 x fibs of the main swings down from and including 5716 to 5427. Daily R2 up at/around 5640.

G/L
Attached Image (click to enlarge)
Click to Enlarge Name: z.jpg Size: 81 KB
ex member
  • #346,357
  • Sep 4, 2013 3:42am Sep 4, 2013 3:42am
Quoting Maso
{quote} If cable wants to go up, it does not need any green news.
You right, it does not fly. So what you think move the cable then, aside from High impact news?
Don't blame the tools. Blame the carpenter.
  • #346,358
  • Sep 4, 2013 3:47am Sep 4, 2013 3:47am
Seems sluggish given the outstanding triple PMI this week.

What gives, maybe we need Carney to start jaw boning.
  • #346,359
  • Sep 4, 2013 3:51am Sep 4, 2013 3:51am
Need to clear dollaryen support first before geppy pushes cable up.

Good thing is to wait eurusd retail news to see if it can fully support the move.
They think they are smarter than I am.
  • #346,360
  • Sep 4, 2013 4:00am Sep 4, 2013 4:00am
okay im officially back..... AUDUSD thread pissed me off real good
We live in a finite world with infinite possibilities.
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