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Cable Update (GBPUSD)

  • #348,681
  • Oct 10, 2013 12:27pm Oct 10, 2013 12:27pm
Quoting JimmyC
{quote} Thanks G/L
Welcome .

not take them as can run risk free for long time as apparent scalping target remain much low, next swing low probable ,if even run for next whole week.
Thanks , fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #348,682
  • Edited 12:35pm Oct 10, 2013 12:34pm | Edited 12:35pm
Quoting fontu
{quote} Welcome . not take them as can run risk free for long time as apparent scalping target remain much low, next swing low probable ,if even run for next whole week. Thanks , fontu
You are always an inspiration and your market thought are so accurate, you're a great trader!
Thank you for sharing with us, we appreciate the support.

G/L
  • #348,683
  • Oct 10, 2013 12:57pm Oct 10, 2013 12:57pm
Hi, i just noticed most comments since yeterday have been with a downside bias. i just wanted to point out that price is above the 4hr 200MA. IMO i think the bulls are still in control above it even though they are bleeding these past couple weeks.
Attached Image (click to enlarge)
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Trend_Masters
  • #348,684
  • Oct 10, 2013 3:24pm Oct 10, 2013 3:24pm
bbl
New voice message: Why are you calling me? If I need you, I'll call you!
  • #348,685
  • Oct 10, 2013 4:28pm Oct 10, 2013 4:28pm
Quoting kerndc
i think the bulls are still in control above it even though they are bleeding these past couple weeks.
Bleeding is right
Make your losses in demo. Earn your profits live.
  • #348,686
  • Oct 10, 2013 5:52pm Oct 10, 2013 5:52pm
Quoting Forexia
{quote} Bleeding is right
I'm bear unless 1.60 gives in.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #348,687
  • Oct 10, 2013 6:40pm Oct 10, 2013 6:40pm
Gidday GBP/US

Got my trades in an just have to to play the waiting game.

The big retrace

This close 160

My long to 1604 TP

Got a short at 1.5975 TP 15900

Thinking EUR/US drops a turd then we will get our down move:nerd:
  • #348,688
  • Oct 10, 2013 6:50pm Oct 10, 2013 6:50pm
Selling GJ it's reaching resistance after 260 pip surge
New voice message: Why are you calling me? If I need you, I'll call you!
  • #348,689
  • Oct 10, 2013 6:54pm Oct 10, 2013 6:54pm
Quoting KillerWhale
{quote} I'm bear unless 1.60 gives in.
fry day tomorrow + long weekend . Be careful of gaps
  • #348,690
  • Oct 10, 2013 7:26pm Oct 10, 2013 7:26pm
Quoting KillerWhale
{quote} I'm bear unless 1.60 gives in.
Agreed. That's what I am waiting for 1.60 target.
Make your losses in demo. Earn your profits live.
  • #348,691
  • Edited Oct 11, 2013 2:35am Oct 10, 2013 10:18pm | Edited Oct 11, 2013 2:35am
Quoting kerndc
Hi, i just noticed most comments since yeterday have been with a downside bias. i just wanted to point out that price is above the 4hr 200MA. IMO i think the bulls are still in control above it even though they are bleeding these past couple weeks. {image}

Nice chart of a top with apparent hs as u shown also.good see.

yes bullish still but apparent correction also more likely immediately than continue the bull yet .
and so already breakout should hold with some play here also possible to fight situation for next hs target 5721 ,below ur 200ma H4 close . that should be the min target before a bounce & at the same time breaks that level also play down too .
lets see how play .Friday , so either go with breakout play directly not not at all today , try correct again towards 6100 pending for next week play down corresponding gold down to 1278 ( done very near or so already ) to 1273 play today or correct up & stay up for next week play them strong , break for bottom play . so gold down play to 1278 /73 or not today decision for all also.

Hints : breaks 1294.30 go for 1314 with all for today . now high 1294.25 ,intact down with initial 1292.27 ( now done I see ) & 1291.64 ( also done ) breaks for 1273 breaks , all down continue .using for short scalping purpose only.Gold initial signals for bottom play 1278/73>66 ok if today ok for scalping purpose or anyway at least not so suddenly up for all also.


fontu
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusddaily.png Size: 22 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #348,692
  • Oct 10, 2013 10:20pm Oct 10, 2013 10:20pm
see u all again
I'm waiting for 1.60++ to short again
at year end I still believe GU will hit 1.57--
so I'd better uninstall my platform and then reinstall at year-end
wkaakkakaka
  • #348,693
  • Edited 11:20pm Oct 10, 2013 10:37pm | Edited 11:20pm
My target is still 1.6300
Attached Image(s) (click to enlarge)
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  • #348,694
  • Oct 10, 2013 11:16pm Oct 10, 2013 11:16pm
Quoting danko316
My target is still 1.6300 {image}
Also waiting for a new high
Founder of Sutherland Wave Principle
  • #348,695
  • Oct 10, 2013 11:24pm Oct 10, 2013 11:24pm
Quoting suthmo
{quote} Also waiting for a new high
Count me in with you guys!

  • #348,696
  • Oct 11, 2013 12:12am Oct 11, 2013 12:12am
Quoting fontu
{quote} Nice chart of a top with apparent hs as u shown also.good see. yes bullish still but apparent correction also more likely immediately than continue the bull yet . and so already breakout should hold with some play here also possible to fight situation for next hs target 5721 ,below ur 200ma H4 close . that should be the min target before a bounce & at the same time breaks that level also play down too . lets see how play .Friday , so either go with breakout play directly not not at all today , try correct again towards 6100 pending for next...
Nice logical chart Fontu
Come with me if you want to live....
  • #348,697
  • Oct 11, 2013 1:13am Oct 11, 2013 1:13am
another target for bulls
Attached Image (click to enlarge)
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  • #348,698
  • Oct 11, 2013 1:26am Oct 11, 2013 1:26am
Quoting KillerWhale
{quote} I'm bear unless 1.60 gives in.
  • #348,699
  • Oct 11, 2013 1:29am Oct 11, 2013 1:29am
That slow up move with low volume and small candles, for me is just a way for shorts to add more positions - my opinion of course.
Of course it will test some levels up. I am short since couple of days and will continue so until I consider it pointless.

I might be wrong as well but I will stick to my plan and evolve if situation changes drastically.
  • #348,700
  • Edited 3:15am Oct 11, 2013 1:32am | Edited 3:15am
Quoting ravenbg
That slow up move with low volume and small candles, for me is just a way for shorts to add more positions - my opinion of course. Of course it will test some levels up. I am short since couple of days and will continue so until I consider it pointless. I might be wrong as well but I will stick to my plan and evolve if situation changes drastically.

1.60 is a very good barrier and remember market need to convince shorter and bulls they are right to enter..people need to lose is the bottom line..lets just hope its not us..saying this majority short does worry me
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