Attachments: Cable Update (GBPUSD)

Cable Update (GBPUSD)

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Post #351,981
Quote
Nov 6, 2013 4:00am Nov 6, 2013 4:00am

Tony112
Joined Apr 2008 | Status: sometimes... news come unexpected | 7,316 Posts

Push it to the limit! 1.61

Invest in alarm clocks

Post #351,982
Quote
Nov 6, 2013 4:01am Nov 6, 2013 4:01am

PipTrapper
Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts

Quoting Davit

Disliked

{quote} You can not be completely wrong specially about a currency which is highly inflated without substance.. British Pound is most overrated currency now. Lets put this in fundamental perspective Biggest GB trading partner is Euro zone which is in stagnate economic environment much worse then US, 12-27% Unemployment and not expected to grow much until 2017 Majority of UK "growth" is around London but outside is totally different picture. UK is developing scary housing bubble which is similar to 2008 bubble.Average household income is lower but...

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All very true. Unfortunately for those of us who refuse to participate in this "bubble in the making", it can get painful standing in front of the stampede.

Those who say it cannot be done should not interrupt those who are doing it

Post #351,983
Quote
Nov 6, 2013 4:04am Nov 6, 2013 4:04am

PipTrapper
Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts

Quoting julia2011

Disliked

{quote}

Ignored

Those who say it cannot be done should not interrupt those who are doing it

Post #351,984
Quote
Nov 6, 2013 4:05am Nov 6, 2013 4:05am

giveachance
Joined Jun 2013 | Status: Trader by hobby not by profession | 5,961 Posts

we can test 1.6045 today. I would not rule out a move on the downside.

Post #351,985
Quote
Nov 6, 2013 4:06am Nov 6, 2013 4:06am

Pumpndump
| Joined Jul 2013 | Status: Member | 227 Posts

Quoting PipTrapper

Disliked

{quote} All very true. Unfortunately for those of us who refuse to participate in this "bubble in the making", it can get painful standing in front of the stampede.

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I think this is the situation where big brass balls are required. As we speak my nice little map is being abused, oh well shorts higher up it is then.

Post #351,986
Quote
Nov 6, 2013 4:11am Nov 6, 2013 4:11am

julia2011
| Joined Aug 2011 | Status: Member | 486 Posts

getting ready to short it until 58xx from 6120
good luck all

Post #351,987
Quote
Nov 6, 2013 4:11am Nov 6, 2013 4:11am

giveachance
Joined Jun 2013 | Status: Trader by hobby not by profession | 5,961 Posts

geppy is an attractive short at this moment. can't see it going to 160 anytime soon.

Post #351,988
Quote
Nov 6, 2013 4:14am Nov 6, 2013 4:14am

6killer2000
| Joined May 2013 | Status: Member | 24 Posts

Quoting julia2011

Disliked

getting ready to short it until 58xx from 6120 good luck all

Ignored

Post #351,989
Quote
Edited 4:27am Nov 6, 2013 4:15am | Edited 4:27am

PipTrapper
Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts

Quoting Pumpndump

Disliked

{quote} I think this is the situation where big brass balls are required. As we speak my nice little map is being abused, oh well shorts higher up it is then.

Ignored

Yes and possibly as high up as 620x which is where price meets the next falling trend line and also if you consider the bottoming as an inverse H/S, the measured target will be in that area also.

Unfortunately I missed the train.

G/U H1

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Those who say it cannot be done should not interrupt those who are doing it

Post #351,990
Quote
Nov 6, 2013 4:23am Nov 6, 2013 4:23am

philcab31
| Joined Sep 2011 | Status: Member | 3 Posts

salmons area is now approaching

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Post #351,991
Quote
Nov 6, 2013 4:32am Nov 6, 2013 4:32am

TauTrader
Joined Jan 2009 | Status: Per Aspera Ad Astra | 6,262 Posts

Good day,

1.6130 then 1.6150 is a probable target - as we have large sell stop clusters there.

Post #351,992
Quote
Edited 4:52am Nov 6, 2013 4:34am | Edited 4:52am

nappenbir
| Joined Oct 2012 | Status: Member | 49 Posts

monthly

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Post #351,993
Quote
Nov 6, 2013 4:36am Nov 6, 2013 4:36am

Tiyaga
| Membership Revoked | Joined Aug 2013 | 161 Posts

just wanna try short now for GU

Post #351,994
Quote
Nov 6, 2013 4:38am Nov 6, 2013 4:38am

Pumpndump
| Joined Jul 2013 | Status: Member | 227 Posts

right im going to have a nap and hope i dont wakeup to THREE pending sells

cheers gentlemen

Post #351,995
Quote
Nov 6, 2013 4:43am Nov 6, 2013 4:43am

PipTrapper
Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts

Quoting nappenbir

Disliked

{image}

Ignored

Anything is possible, but this is a bit premature.

Those who say it cannot be done should not interrupt those who are doing it

Post #351,996
Quote
Nov 6, 2013 4:44am Nov 6, 2013 4:44am

PipTrapper
Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts

Quoting Pumpndump

Disliked

right im going to have a nap and hope i dont wakeup to THREE pending sells cheers gentlemen

Ignored

Sweet dreams.

Those who say it cannot be done should not interrupt those who are doing it

Post #351,997
Quote
Nov 6, 2013 4:45am Nov 6, 2013 4:45am

julia2011
| Joined Aug 2011 | Status: Member | 486 Posts

only minutes i'm waiting the drop from these levels cable 6120 ,,,, eu 3520
about 100 pips today

Post #351,998
Quote
Nov 6, 2013 4:46am Nov 6, 2013 4:46am

Tom_d
| Joined Jul 2013 | Status: Member | 94 Posts

shorted again at 1.6116, 61% short fib from last months high to low

Post #351,999
Quote
Nov 6, 2013 4:46am Nov 6, 2013 4:46am

okanemici
Joined Jan 2012 | Status: Member | 1,005 Posts

Quoting Bones

Disliked

usd has indeed printed dark cloud on D1 ,I am waiting for confirm ,poss ,but weekly disagrees to me in a nutshell I must say false for mo {image}

Ignored

Quoting okanemici

Disliked

{quote} Bones, your usdlfx needs one more day to confirm a safe short.Tomorrow I might make a call on this when I see it.It seems like it will range a little and go down . {image}

Ignored

Bones, time for a pullback might be near.On chart.

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