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Cable Update (GBPUSD)

  • #347,701
  • Sep 29, 2013 8:03pm Sep 29, 2013 8:03pm
Hello

GBP/US still holding a couple small longs

one 162 TP other 163.5 TP

It has come from 148 with out a retrace

Lets see what happens next
  • #347,702
  • Sep 29, 2013 8:08pm Sep 29, 2013 8:08pm
Quoting eliteincome
Hello GBP/US still holding a couple small longs one 162 TP other 163.5 TP It has come from 148 with out a retrace Lets see what happens next

imho at this level is not a good place to long.. better wait a bit.. i'm thinking we will see corrections..

just my 2 cents.
  • #347,703
  • Sep 29, 2013 8:13pm Sep 29, 2013 8:13pm
Quoting forexalien
{quote} No Here...........
Where?
  • #347,704
  • Sep 29, 2013 8:18pm Sep 29, 2013 8:18pm
currently i'm waiting for fiber to "sort out" the gap... lol. then i think we will see the short term direction on cable..
  • #347,705
  • Sep 29, 2013 8:27pm Sep 29, 2013 8:27pm
dollar gonna be strong this week
Attached Image (click to enlarge)
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  • #347,706
  • Sep 29, 2013 8:35pm Sep 29, 2013 8:35pm
Quoting khol_hands
dollar gonna be strong this week {image}
i'm not thinking that far.. maybe just till the top of the range.. afterall, overall trend is downtrend for usdx..
  • #347,707
  • Sep 29, 2013 8:49pm Sep 29, 2013 8:49pm
once we get 1 black 4h candle, i think short will be on the card..

will get back later..

GL guys.
  • #347,708
  • Sep 29, 2013 10:14pm Sep 29, 2013 10:14pm
Waiting for some confirmations.
Attached Image (click to enlarge)
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-milkeyway
  • #347,709
  • Sep 29, 2013 10:21pm Sep 29, 2013 10:21pm
Quoting kumaramy
Waiting for some confirmations. {image}
nice, clean, and clear chart.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #347,710
  • Sep 29, 2013 10:25pm Sep 29, 2013 10:25pm
Quoting kumaramy
Waiting for some confirmations. {image}
what if it close below the green line? i'm sure it'll fall substantially or bernanke ignore qe and gbp above 1.6 again.
I want to be rich.
  • #347,711
  • Sep 29, 2013 10:31pm Sep 29, 2013 10:31pm
Quoting kumaramy
Waiting for some confirmations. {image}

You short or long?
  • #347,712
  • Sep 29, 2013 10:35pm Sep 29, 2013 10:35pm
Quoting pbylina
{quote} You short or long?
Post #347674
-milkeyway
  • #347,713
  • Sep 29, 2013 10:46pm Sep 29, 2013 10:46pm
Quoting kumaramy
{quote} Post #347674
it is possible to go to 1.7 level. But it likely will retrace some first before going to 1.7 level.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #347,714
  • Sep 29, 2013 10:49pm Sep 29, 2013 10:49pm
Quoting ffleo
{quote} it is possible to go to 1.7 level. But it likely will retrace some first before going to 1.7 level.
Yes as post #347672
-milkeyway
  • #347,715
  • Sep 29, 2013 10:55pm Sep 29, 2013 10:55pm
Quoting kumaramy
{quote} Yes as post #347672
you have great charts up there.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #347,716
  • Sep 29, 2013 11:04pm Sep 29, 2013 11:04pm
Quoting ffleo
{quote} you have great charts up there.
Thanks. If you liked it, see => Template : Good For Eyes
-milkeyway
  • #347,717
  • Sep 29, 2013 11:07pm Sep 29, 2013 11:07pm
Hello GBP/US

You talking 170 GBP/US what time frames you thinking

It has come up heaps,but would they want it that high.

They were talking 145 GBP/US 3 months ago

I better open my longs then to 170
  • #347,718
  • Sep 29, 2013 11:32pm Sep 29, 2013 11:32pm
Image 1st : If you look for buy let it break aggressively the lime trendline. Ref : Post #347674





Else Image 2nd : if you look for sell, let it break both red horizontal support line which needs to become resistance after break. Ref : Post #347672
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: Image2.png Size: 95 KB
-milkeyway
  • #347,719
  • Sep 30, 2013 1:22am Sep 30, 2013 1:22am
G/M

Move up during Asian session finds supply at 2nd 1/2 of the previous daily swing hi zone from 11th Jan, and right at the weekly/steepest monthly descending trend line and Daily R1...sharp drop from there to 6130..

G/L
Attached Image (click to enlarge)
Click to Enlarge Name: z.jpg Size: 72 KB
ex member
  • #347,720
  • Sep 30, 2013 1:55am Sep 30, 2013 1:55am
don't seems to have a top yet. From hour 4 making of evening start to a doji/pin bar. up to down bearish, then back up down to up bullish.

Only closing below 1.6138 earlier confirmed a temp top, now its above hourly resistance of earlier at 1.6150. sell down from 1.6162 earlier, now hesitating at this level. if closed above, reclaimed back to asia range's box top channel. 1.6158-1.6180.

short is good rr here though. since only 18-20 pips from top.
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