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Cable Update (GBPUSD)

  • #349,301
  • Oct 18, 2013 1:30am Oct 18, 2013 1:30am
Quoting sepuluh
Ups....market began to slip up again....
I hope it just trick market
even better than mama
  • #349,302
  • Oct 18, 2013 1:38am Oct 18, 2013 1:38am
Quoting harve
{quote} I hope it just trick market

Yes I Really hope So.....but like i said
i'm afraid if market go to the target level on friday is :
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  • #349,303
  • Oct 18, 2013 1:46am Oct 18, 2013 1:46am
this is looking pretty over extended. it had a 1500 pip rally from the lows. Market is still putting it up with only a few days correction. Thats a lot of pip increase in just a short period. Bear in mind its a huge 62% premium to the USD , not sure thats justified.
  • #349,304
  • Oct 18, 2013 1:47am Oct 18, 2013 1:47am
have some resistance at 6204/15, but dont know if I have the stomach for selling it again...
Enter Signature
  • #349,305
  • Oct 18, 2013 1:47am Oct 18, 2013 1:47am
Quoting Halba
this is looking pretty over extended. it had a 1500 pip rally from the lows. Market is still putting it up with only a few days correction. Thats a lot of pip increase in just a short period. Bear in mind its a huge 62% premium to the USD , not sure thats justified.
U mean 500 pip.
  • #349,306
  • Oct 18, 2013 1:48am Oct 18, 2013 1:48am
Quoting sepuluh
{quote} Yes I Really hope So.....but like i said i'm afraid if market go to the target level on friday is : {image}
if go to 1.6280 it make 2 top, and then go down
its make me crazy
even better than mama
  • #349,307
  • Oct 18, 2013 1:57am Oct 18, 2013 1:57am
1.6400 will be the next target but still aiming for 1.5600 before heading up again...
  • #349,308
  • Oct 18, 2013 1:58am Oct 18, 2013 1:58am
Quoting harve
{quote} if go to 1.6280 it make 2 top, and then go down its make me crazy

Yes i Think there's ( 1.6260-80 area ) good point for rebound "slip down" today ....
but, Let's take a look into my system for long term :
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  • #349,309
  • Oct 18, 2013 2:02am Oct 18, 2013 2:02am
All this move up is abnormal but normal for market reality. It's trend changing or sth. I do believe it's a trend change.
We have sell signal from STOCH but uptrend from SMA's. Broken supply zone isn't good for bears.
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  • #349,310
  • Oct 18, 2013 2:13am Oct 18, 2013 2:13am
Quoting Cowboy11
I seldom participate in forum discussion, due to I have many charts to watch/analyst/make decision and will be tied with keep updating the forum. Hope that my advices benefit you all.
I trade U,J,E,G,C,A and gold, wherever I think have bigger opportunity. I don't trade correct portion, hard to monitor.
Face both Win and Lose bravely
  • #349,311
  • Oct 18, 2013 2:22am Oct 18, 2013 2:22am
After 1.6172 is broken I will look for a long position at this level , otherwhise short on tops around 1.6260-1.6265.
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Price Action + KISS + PIE = Forex-Entourage
  • #349,312
  • Oct 18, 2013 2:30am Oct 18, 2013 2:30am
Shorting again..
I do not know what is going on. During Japan session no volume, silence of the lambs.
Suddenly couple of hours ago volume starts to show on low TF - this pushed the price up.
What are the intentions here I do not get - but it is price manipulation obviously - how long it will go on before it collapses, because it will, this is a bubble up move.
  • #349,313
  • Oct 18, 2013 2:40am Oct 18, 2013 2:40am
Quoting ravenbg
Shorting again.. I do not know what is going on. During Japan session no volume, silence of the lambs. Suddenly couple of hours ago volume starts to show on low TF - this pushed the price up. What are the intentions here I do not get - but it is price manipulation obviously - how long it will go on before it collapses, because it will, this is a bubble up move.

it really isnt but i do feel it is to early perhaps after christmas..i hate to say
  • #349,314
  • Edited 3:07am Oct 18, 2013 2:44am | Edited 3:07am
update short scalping in smaller tf now then ok to follow through down specially.6178 breaks as start ( I see already done apparently> confirm doublt top but crazy can do any up still though ) >42>36>23>6097>6054 all should work . sell off at this last day of the week rather more up further today .lets see .

The same situation in eu also , failing more top with probable( as can easily go above 3700 ) d top , 3672 & 61 breaks will confirm.
Gold also.

looking forwards .
fontu
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #349,315
  • Oct 18, 2013 2:45am Oct 18, 2013 2:45am
Quoting ravenbg
Shorting again.. I do not know what is going on. During Japan session no volume, silence of the lambs. Suddenly couple of hours ago volume starts to show on low TF - this pushed the price up. What are the intentions here I do not get - but it is price manipulation obviously - how long it will go on before it collapses, because it will, this is a bubble up move.
In general there is no volume by Asia session.
  • #349,316
  • Oct 18, 2013 2:50am Oct 18, 2013 2:50am
we need to consolidate and not go higher and next week perhaps challenge the move up..end of the month needs to close around 1.59 minimum..then i reckon the mofo will drop

we seriously messed this one up aye lads
  • #349,317
  • Oct 18, 2013 2:53am Oct 18, 2013 2:53am
Quoting sepuluh
this time ... no more promo and discount "best seller"... market is up and up killer like a cowboy...dor dor !
This is the fourth time...
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Always looking the GREAT, never left GOOD Point...
  • #349,318
  • Oct 18, 2013 2:55am Oct 18, 2013 2:55am
Quoting fontu
update short scalping in smaller tf now then ok to follow through down specially.6178 breaks as start >42>36>23>6097>6054 all should work . sell off at this last day of the week rather mpre up further today .lets see . fontu {image}
Attached Image
  • #349,319
  • Oct 18, 2013 2:57am Oct 18, 2013 2:57am
Quoting polbanda
{quote} {image}

yes i agree nothing worse than losing yur money in 5 minutes
  • #349,320
  • Oct 18, 2013 2:59am Oct 18, 2013 2:59am
I think the current move is forming the fifth wave .

It will go up to 1.6315 and then turn back .
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