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Cable Update (GBPUSD)

  • #349,261
  • Oct 17, 2013 1:19pm Oct 17, 2013 1:19pm
baby trade
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  • #349,262
  • Oct 17, 2013 1:19pm Oct 17, 2013 1:19pm
haha
guess tomorrow will be flat friday (or maybe sell-out )
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  • #349,263
  • Oct 17, 2013 1:30pm Oct 17, 2013 1:30pm
You dudes are messed up with the bear pics. Y you no like bears? Is it because they'll rip you to shreds? I keed but in all honesty pips are made both ways. And after the initial down move some retrace to be expected, albeit, this was a scary rip up. But IMO page should go lower then retrace to the level we are at(since Gbp likes 2 tops before drop) and the second top would be point D
"HEY! Whats all this chocolate on yo face?" - "It's doodoo, babby!"
  • #349,264
  • Oct 17, 2013 1:38pm Oct 17, 2013 1:38pm
Too crazy today bull specially eu,gu,au & gold . anyway taking shorts in them again as scalping as though very important top levels too nearer . anyway had to enforce close shorts after loosing some from good profits & now again risking some play for next day sell off probable but with care extreme , if can do this then can do any wrong also. usdx go below 80 & hold for great recession not ever seen before, below 70 ?? anyway if they choice their currency very down at the cost of such BAD recession , ok let we profit from selling also . still not!! Hope not also , but big ranging if for longer time OK.
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #349,265
  • Oct 17, 2013 1:43pm Oct 17, 2013 1:43pm
Quoting Even-on-Ten
Pretty much got my face torn off selling this thing today....

Yeah, me too.

I'd like to be selling again right now, but going into a weekend with a possible gap up? Not appealing. I'll wait until next week to start selling.
  • #349,266
  • Oct 17, 2013 1:44pm Oct 17, 2013 1:44pm
I think the bears today were more like this:
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  • #349,267
  • Oct 17, 2013 1:45pm Oct 17, 2013 1:45pm
Quoting KillerWhale
{quote} Here are the right files {file} {file}
thanks buddy
  • #349,268
  • Oct 17, 2013 1:50pm Oct 17, 2013 1:50pm
Quoting nAVIN2007
{quote} thanks buddy
You're welcome
New voice message: Why are you calling me? If I need you, I'll call you!
  • #349,269
  • Oct 17, 2013 2:50pm Oct 17, 2013 2:50pm
Quoting Cowboy11
Closed, switch to J series, all long.


Dear friend, any yeild after I left for my beer party hour?
It go under consolidation, till when, i don't know. What I know it is safer to keep under J series with opportunity when not around.
It has courm down after the storm. Let see where they go tomorrow.
Face both Win and Lose bravely
  • #349,270
  • Oct 17, 2013 2:53pm Oct 17, 2013 2:53pm
I am already short from 1.6163
we'll see at least a retrace ...
  • #349,271
  • Oct 17, 2013 3:17pm Oct 17, 2013 3:17pm
Just update after beer section, cant analyst accurately, just leave them as they are. Continue after bed.
Bye-bye.
Face both Win and Lose bravely
  • #349,272
  • Oct 17, 2013 3:18pm Oct 17, 2013 3:18pm
Rest of the week we'll probably consolidating between 1.6170 and 1.6125.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #349,273
  • Oct 17, 2013 3:22pm Oct 17, 2013 3:22pm
short term overbought, CCI34 at level 294 on 4h. the odds are in favor of shorts..for now.
"The secret of politics? Make a good treaty with Russia." Otto von Bismarck
  • #349,274
  • Oct 17, 2013 3:28pm Oct 17, 2013 3:28pm
I have just the last three pages on this thread and not one person has spoken about fundies... amazing! The deal that has been done is to weaker the $. It makes it better for people to go on holiday to the US and for us to spend money in their country, which creates jobs, it makes it better for them to export goods, etc, etc... mid term... it's a $ bear... tomorrow is a buy day... get in on the action... the only way is up for tomorrow at least! A retracement to come, once new highs have been made, there is no good news out of the US.
  • #349,275
  • Oct 17, 2013 3:32pm Oct 17, 2013 3:32pm
This is all I have left
Attached Image (click to enlarge)
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Come with me if you want to live....
  • #349,276
  • Oct 17, 2013 3:34pm Oct 17, 2013 3:34pm
Quoting guess121
I have just the last three pages on this thread and not one person has spoken about fundies... amazing! The deal that has been done is to weaker the $. It makes it better for people to go on holiday to the US and for us to spend money in their country, which creates jobs, it makes it better for them to export goods, etc, etc... mid term... it's a $ bear... tomorrow is a buy day... get in on the action... the only way is up for tomorrow at least! A retracement to come, once new highs have been made, there is no good news out of the US.
The fundies... have been included on the chart in front of you...
There is one large indication of price ...
Its called the Price Action... That is what the market thinks



G/L
  • #349,277
  • Oct 17, 2013 3:35pm Oct 17, 2013 3:35pm
Quoting guess121
I have just the last three pages on this thread and not one person has spoken about fundies... amazing! The deal that has been done is to weaker the $. It makes it better for people to go on holiday to the US and for us to spend money in their country, which creates jobs, it makes it better for them to export goods, etc, etc... mid term... it's a $ bear... tomorrow is a buy day... get in on the action... the only way is up for tomorrow at least! A retracement to come, once new highs have been made, there is no good news out of the US.
Highly unlikely we will breakout of the longterm channel quoting `expert` if we close here my target is 1.6249 then i move stops to break even. the fundamentals do not support a breakout according the expert i just quoted.
Trend_Masters
  • #349,278
  • Oct 17, 2013 3:39pm Oct 17, 2013 3:39pm
No idea what you mean by expert... IG had 81% short positions on their books and 19% long... thanks for providing the liquidity for those who are short and profits to IG.

Quoting kerndc
{quote} Highly unlikely we will breakout of the longterm channel quoting `expert` if we close here my target is 1.6249 then i move stops to break even. the fundamentals do not support a breakout according the expert i just quoted.
  • #349,279
  • Oct 17, 2013 4:22pm Oct 17, 2013 4:22pm

LAST HOPE FOR BEARS

Last bastion for Cable to short = bounce off the trendline on RSI. Waiting for STOCH to be oversold and then (if) new uptrend (can see on Moving Averages) will still exist buy more and more of GBP. Expecting bounce from trendline on RSI to around 50 level (can see on chart) and then go long.

Good night.


...and remember...

TREND IS OUR FRIEND

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  • #349,280
  • Oct 17, 2013 4:39pm Oct 17, 2013 4:39pm
Nzd gave up 50 pips to usd since the top. Interesting...
"HEY! Whats all this chocolate on yo face?" - "It's doodoo, babby!"
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