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Cable Update (GBPUSD)

  • #349,081
  • Oct 16, 2013 8:49pm Oct 16, 2013 8:49pm
Quoting KillerWhale
GU pushing the limits again
Trading above the Daily Pivot could be an ominous sign for the bears. Sell the news is already in full effect on the UJ. Expect Cable to do the exact opposite of the yen crosses.

  • #349,082
  • Oct 16, 2013 9:00pm Oct 16, 2013 9:00pm
Just keep selling them rallies
We below that weekly and daily TL yet?
Still rejecting 1.6?



targeting 1.57
Come with me if you want to live....
  • #349,083
  • Oct 16, 2013 9:41pm Oct 16, 2013 9:41pm
Quoting Ill-b-back
Just keep selling them rallies We below that weekly and daily TL yet? Still rejecting 1.6? targeting 1.57
I'll stay short until 1.6125 is broken.
Goal is 1.5725
New voice message: Why are you calling me? If I need you, I'll call you!
  • #349,084
  • Oct 16, 2013 10:10pm Oct 16, 2013 10:10pm
My summary for 'Estimate & Review' in Cable thread's...




G/L
Attached Image
Always looking the GREAT, never left GOOD Point...
  • #349,085
  • Oct 16, 2013 11:10pm Oct 16, 2013 11:10pm
Quoting Tsar
My summary for 'Estimate & Review' in Cable thread's... G/L {image}
Nice picture of so called Team work , a democracy without a dictator ,doing & following the perfect at places but must to bridge the GAP at some points in the team work to align or work at all .
anyway saving it for Kid to have some fun & learn!!
Thanks ,
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #349,086
  • Edited 12:31am Oct 17, 2013 12:23am | Edited 12:31am
Quoting KillerWhale
{quote} Are you sure? We have 4 hr resistance below that. It might not go above 1.5970
No. I was not sure but predicting. Remember about news today.
What I expect is on second chart.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd-h4-roboforex.png Size: 122 KB
Attached Image
  • #349,087
  • Oct 17, 2013 1:07am Oct 17, 2013 1:07am
Just sold short at 1.6004

I'll add to that at 1.6035ish if we get up there.
  • #349,088
  • Oct 17, 2013 1:11am Oct 17, 2013 1:11am
this may be a noob question but why is it gbp/aud moves comparably much more than gbp/usd each day?
  • #349,089
  • Oct 17, 2013 1:22am Oct 17, 2013 1:22am
I just wonder how many people can make profit from the swing happened yesterday, unless you base is D or W chart.
News has out, so, it will not be so volatar now. It should back to normal ridem.
I go for long, target 1.6086.
Face both Win and Lose bravely
  • #349,090
  • Oct 17, 2013 1:25am Oct 17, 2013 1:25am
Quoting ggfu
this may be a noob question but why is it gbp/aud moves comparably much more than gbp/usd each day?
I told you all last week, A is a better option. Simply because Aud is strong.
Face both Win and Lose bravely
  • #349,091
  • Oct 17, 2013 1:38am Oct 17, 2013 1:38am
Quoting Cowboy11
I just wonder how many people can make profit from the swing happened yesterday
What is abnormal in fact that somebody can make money on that ?
  • #349,092
  • Oct 17, 2013 1:38am Oct 17, 2013 1:38am
4:30 am, let see whether it shot up or down. May be it is another big swing just like yesterday.
Face both Win and Lose bravely
  • #349,093
  • Oct 17, 2013 1:40am Oct 17, 2013 1:40am
Quoting ggfu
this may be a noob question but why is it gbp/aud moves comparably much more than gbp/usd each day?
Because AUD is much more volatile. It is does not have anything with GBP currency. Every AUD pair looks almost the same. But, more volatile means alzo more spread and bigger risk (reward if you are on the right side).
  • #349,094
  • Oct 17, 2013 1:50am Oct 17, 2013 1:50am
Until noticable breake out I plan to trade consolidation between 1.6050-1.5900. I will be taking short at 1.6055-1.6060 otherwhise long at 1.58900-1.5895.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd-traderseeker.png Size: 16 KB
Price Action + KISS + PIE = Forex-Entourage
  • #349,095
  • Oct 17, 2013 2:18am Oct 17, 2013 2:18am
If the numbers coming out in about an hour are good, we'll head up.

But will we head up over resistance?
  • #349,096
  • Oct 17, 2013 2:35am Oct 17, 2013 2:35am
steriod of USD seems gone, eurusd just punished usd breaking 1.36 just, gbpusd back to europe's high zone. 1.6018-1.6045 likely.

break asia hi, staying north until retail sales.
  • #349,097
  • Oct 17, 2013 2:43am Oct 17, 2013 2:43am
fheww.....
many are speculating the price down ...
prices go up again.
many are speculating the price up ...
prices go down again.

GU's price a few days just up and down in the range of 80 points up and down
i'm loss today ....
  • #349,098
  • Oct 17, 2013 2:49am Oct 17, 2013 2:49am
Quoting 5percent
steriod of USD seems gone, eurusd just punished usd breaking 1.36 just, gbpusd back to europe's high zone. 1.6018-1.6045 likely. break asia hi, staying north until retail sales.
Hello friend.

Yes China just downgraded US debt rating to some extent.

Although EURUSD seemed to be the biggest mover amongst my trading pairs!

Took a 3, carrying some to see if they prove profitable
Even the worst trade can close with profit. Just give it time.
  • #349,099
  • Oct 17, 2013 2:57am Oct 17, 2013 2:57am
Quoting sepuluh
GU's price a few days just up and down in the range ...
And what does that say to you?
  • #349,100
  • Oct 17, 2013 3:02am Oct 17, 2013 3:02am
Good Morning!!
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