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Cable Update (GBPUSD)

  • #350,821
  • Oct 28, 2013 4:51am Oct 28, 2013 4:51am
... maybe the bears forgot to tell price what it ' should ' be doing ? - quick some one get a message to it ! lol. Doubtless lots of juicy stops above 6256/59 ?

G/L
ex member
  • #350,822
  • Oct 28, 2013 4:57am Oct 28, 2013 4:57am
Quoting giveachance
{quote} don't get tempted. this may not stop at 1.6245 also. if it wants to take out shorts it will rally to 1.63
Thats why I use a sell stop order, if it drops I take it, if it flies I don't take it.That has happened before too but if it wants to drop today it will drop from 1.6165-80.
  • #350,823
  • Oct 28, 2013 5:02am Oct 28, 2013 5:02am
Quoting JimmyC
bit late but GU1H {image}
I think the bears will come out at 1.622

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 28 KB


G/L
  • #350,824
  • Oct 28, 2013 5:10am Oct 28, 2013 5:10am
Quoting JimmyC
{quote} I think the bears will come out at 1.622 {image} G/L
I am looking at this price too which i mentioned earlier in EURUSD thread...

As for my rationale is that the S/R area proves to be a significant area for the period of 1996 to 1999......
Sincerely Yours Cheers!
  • #350,825
  • Oct 28, 2013 5:23am Oct 28, 2013 5:23am
bulls out
Gold Annihilation System
  • #350,826
  • Oct 28, 2013 5:27am Oct 28, 2013 5:27am
Quoting DingDongWay
{quote} I am looking at this price too which i mentioned earlier in EURUSD thread... As for my rationale is that the S/R area proves to be a significant area for the period of 1996 to 1999......
I was looking at that over the weekend. Cable does not appear to be capable of going any higher at this time....
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdmonthly.png Size: 39 KB
Money Makes Money
  • #350,827
  • Oct 28, 2013 5:29am Oct 28, 2013 5:29am
Quoting KiwiOz
{quote} I was looking at that over the weekend. Cable does not appear to be capable of going any higher at this time.... {image}
Yep kind of.... my setups are sell stops and sell limits..

In my view we are just below the top range... At the top of a Bottom range...
Sincerely Yours Cheers!
  • #350,828
  • Oct 28, 2013 5:47am Oct 28, 2013 5:47am
Quoting JimmyC
{quote} I think the bears will come out at 1.622 {image} G/L
Lost steam

Attached Image
  • #350,829
  • Oct 28, 2013 6:12am Oct 28, 2013 6:12am
If anyone is interested in going bed with devil , Geppy is a strong 157.70 sell stop , let me tell you guys
  • #350,830
  • Oct 28, 2013 6:12am Oct 28, 2013 6:12am
Quoting xetrader
{quote} Whats this indicator Red & Green Dots on and down some candles? please tell me about it

The yellow dots are pretty much identical to Zig-Zag, with green/orange being zig-zag on looser settings
  • #350,831
  • Oct 28, 2013 6:19am Oct 28, 2013 6:19am
Reverse
Gold Annihilation System
  • #350,832
  • Oct 28, 2013 6:43am Oct 28, 2013 6:43am
Quoting okanemici
If anyone is interested in going bed with devil , Geppy is a strong 157.70 sell stop , let me tell you guys
Looks like we are going to go North again. I prefer buy stops actually
  • #350,833
  • Oct 28, 2013 6:49am Oct 28, 2013 6:49am
Markets are waiting for FOMC statement, expect it to consolidate till than.
  • #350,834
  • Oct 28, 2013 7:01am Oct 28, 2013 7:01am
Good day to you,

Just something I'm looking at.. another useless weekly chart.

Regards
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdweekly.png Size: 90 KB
  • #350,835
  • Oct 28, 2013 7:13am Oct 28, 2013 7:13am
Quoting Parox
{quote} Looks like we are going to go North again. I prefer buy stops actually
You bet ??? You will see how wild it drops below 157.70 !!! But there will be zig zags.
  • #350,836
  • Oct 28, 2013 7:19am Oct 28, 2013 7:19am
Quoting okanemici
{quote} You bet ??? You will see how wild it drops below 157.70 !!! But there will be zig zags.

I still favour longs. there is no downside signal.
  • #350,837
  • Oct 28, 2013 7:24am Oct 28, 2013 7:24am
Quoting giveachance
{quote} I still favour longs. there is no downside signal.
Maybe you don't see it yet !
  • #350,838
  • Oct 28, 2013 7:24am Oct 28, 2013 7:24am
We need more buyers to come in here now!
.
  • #350,839
  • Oct 28, 2013 7:35am Oct 28, 2013 7:35am
GU Daily

Divergence in effect

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDRSISTOCH Divergence.png Size: 61 KB




G/L
  • #350,840
  • Oct 28, 2013 7:36am Oct 28, 2013 7:36am
and who told you about the fall at 14 00 GMT
Gold Annihilation System
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