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Cable Update (GBPUSD)

  • #349,761
  • Oct 22, 2013 10:02am Oct 22, 2013 10:02am
Quoting Tsar
{quote} She's said : {image}
  • #349,762
  • Oct 22, 2013 10:05am Oct 22, 2013 10:05am
Hey guys. Hope you're doing well. Sold GBP/USD @ 1,6220 minutes ago. Wish all a nice and profitable day!
Twitter: MrC_Forex ; Facebook: /pages/MrC-Forex/197693770247397
  • #349,763
  • Oct 22, 2013 10:10am Oct 22, 2013 10:10am
SHORT !
  • #349,764
  • Oct 22, 2013 10:11am Oct 22, 2013 10:11am
Quoting Mr.C
Hey guys. Hope you're doing well. Sold GBP/USD @ 1,6220 minutes ago. Wish all a nice and profitable day!
T.P 5850

Short 6150,6200,6250,6300,6350,6400,6450,6500.

short short short !!!
  • #349,765
  • Oct 22, 2013 10:20am Oct 22, 2013 10:20am
Quoting Mr.C
Hey guys. Hope you're doing well. Sold GBP/USD @ 1,6220 minutes ago. Wish all a nice and profitable day!
The same for me but at 6115.
Price is now undred daily and weekly UTL so worth to try ...


Edit: 6215
  • #349,766
  • Oct 22, 2013 10:23am Oct 22, 2013 10:23am
I won't short as i have a long in from 1.6172. I never close out a winning trade to reverse. Will take some profit here and let the rest get stopped out at BE. I think we still have some upward movement to go. Either way though a winning trade.


1.6265 is the daily resistance i would be looking at to possibly sell. If it gets through that though it could go along way up.
  • #349,767
  • Oct 22, 2013 10:24am Oct 22, 2013 10:24am
Quoting Trader88q
{quote} T.P 5850 Short 6150,6200,6250,6300,6350,6400,6450,6500. short short short !!!
You are wrong. TP should be 1.5562

  • #349,768
  • Oct 22, 2013 10:28am Oct 22, 2013 10:28am
lol the government are forcing house prises up with their guarantee scheme only one answer to that


Quoting Pumpndump
{quote} History says it's a fair bet does it not? I just don't think we are going that high, though only a poor gambling man could rule it out. I see a sweat on now and people turning long biased, that gives me the normal uncomfortable feeling, which makes me feel better about the drop. Can't have everyone on the winning team can we? I still see 1.57 ish then I will worry about where I go next. Something that worries me - I don't normally post any analysis in depth for free. Something that worries me with this pair - is the rise in the pound has...
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #349,769
  • Oct 22, 2013 10:31am Oct 22, 2013 10:31am
Quoting Bones
lol the government are forcing house prises up with their guarantee scheme only one answer to that {quote}

tony whats yur view on cable..buy or sell..lol?
  • #349,770
  • Oct 22, 2013 10:33am Oct 22, 2013 10:33am
Good day,

We look to see if the previous resistance holds. OR not. Otherwise - next stop 1.6258.

BE sitting at 1.6117. I can only enter another short at above number. But target remains 1.5562

Trade well
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdh4.png Size: 60 KB
  • #349,771
  • Oct 22, 2013 10:36am Oct 22, 2013 10:36am
Quoting Trader88q
{quote} T.P 5850 ...
Quoting Mimir
{quote} The same for me but at 6115. Price is now undred daily and weekly UTL so worth to try ... Edit: 6215
Quite a few possible TPs down there. But if we're gonna start moving south I can see a TL that has a starting point on the 9th of July, 2013 (@ 1,4807) so the first road block could become the third price approach onto the trend line. Will adjust TP points in near future and according to the given situation if everything goes as planned.
Twitter: MrC_Forex ; Facebook: /pages/MrC-Forex/197693770247397
  • #349,772
  • Oct 22, 2013 10:39am Oct 22, 2013 10:39am
Quoting TauTrader
Good day, We look to see if the previous resistance holds. OR not. Otherwise - next stop 1.6258. BE sitting at 1.6117. I can only enter another short at above number. But target remains 1.5562 Trade well {image}

concern i have..can 1.63 holding till end if the year..that the problem this mofo is trying to end the year bullish..exactly from the time i let go my longs
  • #349,773
  • Oct 22, 2013 10:42am Oct 22, 2013 10:42am
I think it will fail the highs of this consolidation Nav how about you


Quoting nAVIN2007
{quote} tony whats yur view on cable..buy or sell..lol?
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #349,774
  • Oct 22, 2013 10:47am Oct 22, 2013 10:47am
everyone knows rising house prices = economy moving here
correlation already known ,money will start moving ,I like it property rising = good for me lol



Quoting Bones
lol the government are forcing house prises up with their guarantee scheme only one answer to that {quote}
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #349,775
  • Oct 22, 2013 10:48am Oct 22, 2013 10:48am
Quoting Trader88q
{quote} T.P 5850 Short 6150,6200,6250,6300,6350,6400,6450,6500. short short short !!!


Don't make He will...
Attached Image
Always looking the GREAT, never left GOOD Point...
  • #349,776
  • Oct 22, 2013 10:50am Oct 22, 2013 10:50am
Quoting nAVIN2007
{quote} concern i have..can 1.63 holding till end if the year..that the problem this mofo is trying to end the year bullish..exactly from the time i let go my longs
We can only trade our own rules, sir.

Where GU cut through my global zone @ around 1.60 - we will visit again. Do not know when though..

but we have a level @ 1.5562 of importance. So - that's the aim. For me at least.

I'm comfortable. No stress. I have 16 positions running on 4 pairs.

From current levels - I target TP:

GU - 1.5562
EU - 1.2915
UC - 1.0700

and swissy on the side to 0.9263

WHAT HAVE I DONE
  • #349,777
  • Oct 22, 2013 10:52am Oct 22, 2013 10:52am
Quoting Bones
I think it will fail the highs of this consolidation Nav how about you {quote}

same thing, im banking on the fact that monthly close with a long wick south but bearish body..looking for year candle to be bearish

dollar i feel has a fighting chance at this level to bounce..
it better bounce somewhere here..lol
Attached Image (click to enlarge)
Click to Enlarge Name: usdlfxmonthly.png Size: 70 KB
  • #349,778
  • Oct 22, 2013 10:54am Oct 22, 2013 10:54am
MY TP is 1.7082
Founder of Sutherland Wave Principle
  • #349,779
  • Oct 22, 2013 10:55am Oct 22, 2013 10:55am
Quoting TauTrader
{quote} We can only trade our own rules, sir. Where GU cut through my global zone @ around 1.60 - we will visit again. Do not know when though.. but we have a level @ 1.5562 of importance. So - that's the aim. For me at least. I'm comfortable. No stress. I have 16 positions running on 4 pairs. From current levels - I target TP: GU - 1.5562 EU - 1.2915 UC - 1.0700 and swissy on the side to 0.9263 WHAT HAVE I DONE

if i did what u have done..i will have increase my blood pressure medication

now lets get lucky
  • #349,780
  • Oct 22, 2013 10:56am Oct 22, 2013 10:56am
Yea I agree yearly be difficult to break up this year ,but im not sure how to read next year maybe higher then imo


Quoting nAVIN2007
{quote} same thing, im banking on the fact that monthly close with a long wick south but bearish body..looking for year candle to be bearish dollar i feel has a fighting chance at this level to bounce.. it better bounce somewhere here..lol {image}
On-site guru & also FF member's' psychiatrist, when not drinking tea
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