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Cable Update (GBPUSD)

  • #349,661
  • Oct 22, 2013 1:54am Oct 22, 2013 1:54am
Quoting nAVIN2007
{quote} i see 1.45 just waiting for the bears to come back from moscow
why do you see 1.45 ?

pls post your analysis?
  • #349,662
  • Oct 22, 2013 2:31am Oct 22, 2013 2:31am
Quoting KillerWhale
{quote} I would love it if I could just skip that 1 hour Frankfurt trading. Most of the time it messes up my trades.
Why dont you just skip trading in Frankfurt time than?
  • #349,663
  • Oct 22, 2013 2:38am Oct 22, 2013 2:38am
Quoting trexy123
{quote} why do you see 1.45 ? pls post your analysis?

dont worry about that target ..anything below 1.6..far to many are short..i wish most were long
  • #349,664
  • Oct 22, 2013 2:47am Oct 22, 2013 2:47am
G/M

Small pip range [<20 day atr] daily candle yesterday - a downside follow thru on Friday's daily pinbar candle....but not exactly a head long rush to the down side for the bears so far off Friday's close !?...perhaps market is waiting for the important data due this week...the delayed U.s NFP today for eg. 38.2% 5939-6224 at the current daily lo...this inside the previous 4hr/minor daily swing hi zone and a 1st test of a previous 1hr swing lo zone formed in the Asian session....where demand has been encountered.

G/L
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ex member
  • #349,665
  • Oct 22, 2013 2:48am Oct 22, 2013 2:48am
Quoting nAVIN2007
{quote} dont worry about that target ..anything below 1.6..far to many are short..i wish most were long
Agreed

And


A vouch
New voice message: Why are you calling me? If I need you, I'll call you!
  • #349,666
  • Oct 22, 2013 3:00am Oct 22, 2013 3:00am
Howzit!

NFP delayed data causing the biggest headache for the day. Still short off the descending oblique Resistance, (which is getting a couple of prods)

Support @1.611xx is proving strong and may yet hold (unless we get a surprise)

G/L
  • #349,667
  • Oct 22, 2013 3:06am Oct 22, 2013 3:06am
As Britney says - "Gimme More".
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Founder of Sutherland Wave Principle
  • #349,668
  • Oct 22, 2013 3:15am Oct 22, 2013 3:15am
Quoting Cowboy11
J's series seem to have bigger potential.
Get some yeild from J series which is better than U series.
Face both Win and Lose bravely
  • #349,669
  • Oct 22, 2013 3:27am Oct 22, 2013 3:27am
Howzit!

Taking a long scalp from these levels. Longer term shorts still in. Risking 20 or so.

Regards
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  • #349,670
  • Oct 22, 2013 3:35am Oct 22, 2013 3:35am
Quoting KillerWhale
{quote} Agreed And A vouch
thanks bro..thou not sure what i have done to deserve it..returned since u can see what im seeing im sure
  • #349,671
  • Oct 22, 2013 3:37am Oct 22, 2013 3:37am
Quoting Even-on-Ten
{quote} I lowered my offers to 6199, still risking 30 pips...

still maintaining these shorts, going to move my SL to BE, my target is 5989...
Enter Signature
  • #349,672
  • Oct 22, 2013 4:07am Oct 22, 2013 4:07am
Quoting nAVIN2007
{quote} thanks bro..thou not sure what i have done to deserve it..returned since u can see what im seeing im sure
I know you are very serious about this pair going short and I do support you all I can.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #349,673
  • Oct 22, 2013 4:07am Oct 22, 2013 4:07am
I expect this to bump along again for another boring day. Long now at 1.6129 with SL at 1.61 and TP not very far off from current levels (but not pre-defined as of now).
  • #349,674
  • Oct 22, 2013 4:17am Oct 22, 2013 4:17am
Quoting KillerWhale
{quote} I know you are very serious about this pair going short and I do support you all I can.
thanks bro..appreciated..
  • #349,675
  • Oct 22, 2013 4:27am Oct 22, 2013 4:27am
What you guys see on upcoming NFP?
  • #349,676
  • Oct 22, 2013 4:31am Oct 22, 2013 4:31am
Quoting mademoiselle
What you guys see on upcoming NFP?
Nothing materially different than expectations, so it will just jump to one direction to come back after the jump.
  • #349,677
  • Oct 22, 2013 4:35am Oct 22, 2013 4:35am
the real answer is - no one knows and prediction is futile...all we know is that given certain scenarios re the NFP - what the most likely knee-jerk market reactions will be,...and that the larger the deviation between the actual number (and any revisions to the previous number ) and the previous number/forecast - the likely more sustained the market reaction may be.

G/L


Quoting mademoiselle
What you guys see on upcoming NFP?
ex member
  • #349,678
  • Oct 22, 2013 4:45am Oct 22, 2013 4:45am
Quoting nAVIN2007
{quote} dont worry about that target ..anything below 1.6..far to many are short..i wish most were long
pls post your analysis
  • #349,679
  • Oct 22, 2013 4:50am Oct 22, 2013 4:50am
Quoting trexy123
{quote} pls post your analysis

read my previous posts, its all there already
  • #349,680
  • Oct 22, 2013 4:55am Oct 22, 2013 4:55am
My TP target is 1.6100 for my 1.6210 short. I think that there is no matter how good or bad will be news.
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