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Cable Update (GBPUSD)

  • #346,361
  • Sep 4, 2013 4:16am Sep 4, 2013 4:16am
Quoting fxtyrant
Good god the guys on the AUDUSD thread are bunch of idiots! im fed up with them...
Quoting fxtyrant
okay im officially back..... AUDUSD thread pissed me off real good
I feel ya. Lets just say "Old habits die hard"! God know I tried real hard to stop smoking w.... but all it takes is a cold rainy day with a hot misuse and im back in the freakin pit
  • #346,362
  • Sep 4, 2013 4:22am Sep 4, 2013 4:22am
managed to reverse my position from 1h TF.. oh well, seems like 4h confirms the breakout.. might get back to my price for a retest, going to wait for a while to add up the position..
Attached Image (click to enlarge)
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  • #346,363
  • Sep 4, 2013 4:26am Sep 4, 2013 4:26am
Quoting Makavell
{quote} {quote} I feel ya. Lets just say "Old habits die hard"! God know I tried real hard to stop smoking w.... but all it takes is a cold rainy day with a hot misuse and im back in the freakin pit
the funny thing is I always go back there hoping id have a different outcome when I try to help the fools there... maybe I have reached the definition of insanity...

doing the same thing time after time again hoping to expect different result... Insanity....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #346,364
  • Sep 4, 2013 4:29am Sep 4, 2013 4:29am
...still only @ 56% of 20 day atr so far today...30% of 20 week atr so far this week....How strong are the post data bulls now ? - will sell off repeat like on the other 2 x PMI's this week after the initial upside move or will this be the 'real thing' now re next upside move ?

G/L
ex member
  • #346,365
  • Sep 4, 2013 4:34am Sep 4, 2013 4:34am
Quoting KecoaKecil
{quote} You right, it does not fly. So what you think move the cable then, aside from High impact news?
No, I think the US Market and Japanese decision makers have the major impacts. So, I am watching these markets.
  • #346,366
  • Sep 4, 2013 4:37am Sep 4, 2013 4:37am
Quoting bbmac
...still only @ 56% of 20 day atr so far today...30% of 20 week atr so far this week....How strong are the post data bulls now ? - will sell off repeat like on the other 2 x PMI's this week after the initial upside move or will this be the 'real thing' now re next upside move ? G/L
Seems so, next resistances lie behind 1.5720 and 5740, with supports below yesterday's low, things are still pretty slow though.

And we wait
  • #346,367
  • Sep 4, 2013 5:13am Sep 4, 2013 5:13am
seems real...
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdh4.png Size: 31 KB
Come with me if you want to live....
  • #346,368
  • Sep 4, 2013 5:27am Sep 4, 2013 5:27am
Quoting Ill-b-back
seems real... {image}
lol.. resuming back to the main direction i guess.. good job mate.. perhaps 1 day, when i go to aussie, we can meet..

really glad to have you here buddy..
  • #346,369
  • Sep 4, 2013 5:46am Sep 4, 2013 5:46am
Good Morning ! I was out wasn't on my desk this morning sorry for the delay
Today's S/R MT4 Templates

EURO
EURJPY
AUDUSD
CABLE

If i get time i'll do Gold and SPX later here:
http://www.forexfactory.com/showthre...64#post6938864
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #346,370
  • Sep 4, 2013 5:49am Sep 4, 2013 5:49am
The daily looks fairly positive for those who are long. It firstly topped out at around 1.57x and went roughly down to the next zone 1.545x, failing in the process to go lower than the previous action around the 1.545x zone. There hasn't been a strong close on the daily though, maybe today can close without the wicks of the previous two days.

Attached Image (click to enlarge)
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  • #346,371
  • Sep 4, 2013 6:24am Sep 4, 2013 6:24am
Quoting JesseLiver
{quote} cable only consolidate for now,It will tank when the Aussie & Cable retest/fakey break the resistance zone again,long fiber might be a good choice but u might wait more good price around NY session laters GL
I think as long as cable can trade sustainably above 5570.. it indicates bullish.. that is the line in the sand on the weekly too..
  • #346,372
  • Sep 4, 2013 8:05am Sep 4, 2013 8:05am
Quoting JesseLiver
{quote} i need cable for retest 1.5426 for going higher but the target dont reach there,from the PA i can see cable going higher also but am remain short,as for eu am pending long @1.3196 targeting 1.3450 or above swissy havent rretest the resistance yet,thats makes me think fiber might going down a bit,lets see my pending long today got triggered or entry on NY session later
They probably want to have upper TL remain intact. Could be that. That's why GU cant pass 1.5617 yet.
  • #346,373
  • Sep 4, 2013 8:07am Sep 4, 2013 8:07am
Quoting sLOVEnia
{quote} They probably want to have upper TL remain intact. Could be that. That's why GU cant pass 1.5617 yet.

Really like to see 1.57 this time
  • #346,374
  • Sep 4, 2013 8:26am Sep 4, 2013 8:26am
Quoting Alanamc
{quote} Really like to see 1.57 this time
Would be a lot better 4H to close above 1.5617 but doesnt look like so far.
  • #346,375
  • Sep 4, 2013 8:37am Sep 4, 2013 8:37am
Quoting JesseLiver
{quote} i need cable for retest 1.5426 for going higher but the target dont reach there,from the PA i can see cable going higher also but am remain short,as for eu am pending long @1.3196 targeting 1.3450 or above swissy havent rretest the resistance yet,thats makes me think fiber might going down a bit,lets see my pending long today got triggered or entry on NY session later
Now, see the low of the shooting star at about 5600? If that price broken, will see 5570 again but if bull remain strong, that area will never be broken..
  • #346,376
  • Sep 4, 2013 9:15am Sep 4, 2013 9:15am
good day,

Resistance on daily stopped progress to the pip. what will she do?
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusddaily.png Size: 55 KB
  • #346,377
  • Edited 9:51am Sep 4, 2013 9:41am | Edited 9:51am
This time cable is not droping down... why?
This may b a signal - it could go above 1.58 or even 1.6
  • #346,378
  • Edited 11:02am Sep 4, 2013 9:50am | Edited 11:02am
Quoting JesseLiver
{quote} i need cable for retest 1.5426 for going higher but the target dont reach there,from the PA i can see cable going higher also but am remain short,as for eu am pending long @1.3196 targeting 1.3450 or above swissy havent rretest the resistance yet,thats makes me think fiber might going down a bit,lets see my pending long today got triggered or entry on NY session later
It so happens that you can't command the markets to go where you wish it to. try this
  • #346,379
  • Sep 4, 2013 10:20am Sep 4, 2013 10:20am
Quoting TauTrader
{quote} wow - currently 21223 long contract and only 6209 short contracts.. I took the trade on buyers entering. Above confirms.. Gonna have to wait and see what transpires I'm going to disappear now and will be back with an attitude if these turn to Dollars - otherwise I will come back in a few months stating I was "busy" Meh Regards
Good day,

Saw buyers entering EU a day or so ago, but they created doubt first by attempting to lure shorts.. wicked...
  • #346,380
  • Sep 4, 2013 11:18am Sep 4, 2013 11:18am
I am going to try and fade this hopefully its the high of the day

short 1.5639 sl 5648 TP anything the market gives
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