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Cable Update (GBPUSD)

  • #348,781
  • Oct 13, 2013 4:12am Oct 13, 2013 4:12am
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Quoting KillerWhale
{quote} I'm not, dollar could get violent with upcoming us debt ceiling problems and still shut down of lazy workers. Actually I'm gonna lower my leverage tomorrow until it is over.
You'll enjoy this
  • #348,782
  • Oct 13, 2013 4:29am Oct 13, 2013 4:29am
my view
1st 57 38.2 retrace then 50% if continues to 618
Despite of Washington politics dollar will dominate next 6-7months.
Question one should ask.What is the most obvious reaction to Washington's political infighting? Weak dollar correct?Well that is easiest answer which means markets seldom react to obvious.
price is below weekly 200ema barometer of Banks and Hedge funds.
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In trading, you have to be defensive and aggressive at the same time
  • #348,783
  • Oct 13, 2013 4:31am Oct 13, 2013 4:31am
Quoting JimmyC
{image} {quote} You'll enjoy this
removing the shit is the better option..
Trend_Masters
  • #348,784
  • Oct 13, 2013 5:22am Oct 13, 2013 5:22am
Quoting Davit
my view 1st 57 38.2 retrace then 50% if continues to 618 price is below weekly 200ema barometer of Banks and Hedge funds. {image}
WOW! it looks like you have a quiet a few losing sell trades on. There seems to more losing trades on than the winning open sell positions Interesting strategy, very brave very brave.
Trend_Masters
  • #348,785
  • Oct 13, 2013 9:18am Oct 13, 2013 9:18am
Quoting kerndc
{quote} WOW! it looks like you have a quiet a few losing sell trades on. There seems to more losing trades on than the winning open sell positions Interesting strategy, very brave very brave.

or perhaps he feel nothing, u cannot be brave unless u are confronting fear
  • #348,786
  • Oct 13, 2013 9:30am Oct 13, 2013 9:30am
GU H4 ..............
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Click to Enlarge Name: 10_13_13 GU H4 down.JPG Size: 349 KB
The More You Learn, The More You Earn.....
  • #348,787
  • Oct 13, 2013 3:52pm Oct 13, 2013 3:52pm
Quoting JimmyC
{image} {quote} You'll enjoy this
PERFECT!
New voice message: Why are you calling me? If I need you, I'll call you!
  • #348,788
  • Oct 13, 2013 4:18pm Oct 13, 2013 4:18pm
Quoting JimmyC
{image} {quote} You'll enjoy this
  • #348,789
  • Oct 13, 2013 7:47pm Oct 13, 2013 7:47pm
Dear guys,
Possible up to 1.6, 1.6030 but down to 1.5870.
Anybody agrees with me ?!
  • #348,790
  • Oct 13, 2013 8:10pm Oct 13, 2013 8:10pm
nobody can predict future. what ever the trend, follow your own strategy and rules.
  • #348,791
  • Oct 13, 2013 8:21pm Oct 13, 2013 8:21pm
do not depend on the signals from the out side. make your own signals.
  • #348,792
  • Oct 13, 2013 8:25pm Oct 13, 2013 8:25pm
use the indicators to make your own strategy. dont trade with indicators. indicators indicate anything after some thing happen.
  • #348,793
  • Oct 13, 2013 8:32pm Oct 13, 2013 8:32pm
Quoting 6killer2000
Dear guys, Possible up to 1.6, 1.6030 but down to 1.5870. Anybody agrees with me ?!
some people may agree with you. some are not. then what are you going to do?/////
  • #348,794
  • Oct 13, 2013 8:33pm Oct 13, 2013 8:33pm
Quoting 6killer2000
Dear guys, Possible up to 1.6, 1.6030 but down to 1.5870. Anybody agrees with me ?!
There are important political news coming up. As a result, the Dollar can either plunge or rally. There's absolutely no way to predict the behaviour of Cable over the next few days
Be water, my friend
  • #348,795
  • Oct 13, 2013 8:36pm Oct 13, 2013 8:36pm
Quoting spocktrader
{quote} There are important political news coming up. As a result, the Dollar can either plunge or rally. There's absolutely no way to predict the behaviour of Cable over the next few days
exactly... no one can predict the future.
  • #348,796
  • Oct 13, 2013 8:37pm Oct 13, 2013 8:37pm
for the moment 59635 support is holding
  • #348,797
  • Oct 13, 2013 8:38pm Oct 13, 2013 8:38pm
Just wondering if it will be straight up vertical or channel to new high.
Founder of Sutherland Wave Principle
  • #348,798
  • Oct 13, 2013 8:50pm Oct 13, 2013 8:50pm
Quoting rrkumara
nobody can predict future. what ever the trend, follow your own strategy and rules.
It's hiding somewhere in the past. If you can find it and learn how it moves you can project it forward whole weeks ahead, year ahead, minute by minute, hour by hour for weeks at a time. You can project the future.
Founder of Sutherland Wave Principle
  • #348,799
  • Oct 13, 2013 11:09pm Oct 13, 2013 11:09pm
Quoting nAVIN2007
{quote} no
YES

Today... Cable given the proof when Market's opened
Always looking the GREAT, never left GOOD Point...
  • #348,800
  • Oct 13, 2013 11:14pm Oct 13, 2013 11:14pm
Hallo,
see the movement of G/U today, I saw an opportunity there up until level: 1.6018 . after that there is a rebound down to the point: 1.5995. and after that the price will go back up to the top level

I hope my analysis is correct. ( this is no signal. just my analysis ).
this is the reason of my analysis :
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