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Cable Update (GBPUSD)

  • #355,901
  • Dec 10, 2013 1:19pm Dec 10, 2013 1:19pm
Quoting elbert3
{quote} need to pass 1.6415 coming up i am taking profit just in case
Hi just back in .i took the profit and went long 1.6422 just had a look and i will take profit 1.6468 if we dont get stopped but it is just like cable to drop out the sky depends were the big boys wannt to take us
  • #355,902
  • Dec 10, 2013 1:23pm Dec 10, 2013 1:23pm
A Solid push above 55 could get a flow going to 1.65.

Time of day is not perfect nonetheless

We shall see.
  • #355,903
  • Dec 10, 2013 6:02pm Dec 10, 2013 6:02pm
Morning gents, I took a long trip and had a nice holiday, in the hope that 164.5 was going to be about it. I am pretty close to pulling all my shorts now to be honest, if 170 goes on geppy i will cut for a big loss I don't see 1.68 going so I may hold that. lets see. 164.5 was my upper figure, I always had in mind 164 stops could well be taken before we ride down. I posted that what seems like months ago ! best regards
  • #355,904
  • Dec 10, 2013 6:08pm Dec 10, 2013 6:08pm
Quoting Pumpndump
Morning gents, I took a long trip and had a nice holiday, in the hope that 164.5 was going to be about it. I am pretty close to pulling all my shorts now to be honest, if 170 goes on geppy i will cut for a big loss I don't see 1.68 going so I may hold that. lets see. 164.5 was my upper figure, I always had in mind 164 stops could well be taken before we ride down. I posted that what seems like months ago ! best regards
ill do that trade for you, shorting right now look so $delicious$ on this pair.
  • #355,905
  • Dec 10, 2013 6:14pm Dec 10, 2013 6:14pm
Quoting acidguy
{quote} ill do that trade for you, shorting right now look so $delicious$ on this pair.
Yes i promised myself i would cut at 168 on geppy, but i cant bring myself to do it. I am 2000+ pips in the red on that alone. hehe. I've wiped out my years profits thus far shorting that and cable.

I see alot of bulls now. Might be me who gets a turn finally

Best Regards
  • #355,906
  • Dec 10, 2013 6:14pm Dec 10, 2013 6:14pm
Quoting acidguy
{quote} ill do that trade for you, shorting right now look so $delicious$ on this pair.
I thought so as well. Got spooked by a commenter here who said he had inside information that this pair was going to be heavily shorted starting yesterday.

Sold my long for a good profit and went short. Woke up this morning, sold my short after seeing there was no major down move, for a small profit, and went long again.

Came home, saw we were near the top of this consolidation and sold my long for about 20 pips.

Now I'm long again at 6435.
  • #355,907
  • Dec 10, 2013 6:27pm Dec 10, 2013 6:27pm
Quoting Baggi
{quote} I thought so as well. Got spooked by a commenter here who said he had inside information that this pair was going to be heavily shorted starting yesterday. Sold my long for a good profit and went short. Woke up this morning, sold my short after seeing there was no major down move, for a small profit, and went long again. Came home, saw we were near the top of this consolidation and sold my long for about 20 pips. Now I'm long again at 6435.
pls dont bellieve inside information, bellieve whats ur chart says, price movement looking with pressure for downsideand R1 is located just at 1.6466 where the stop loss would be placed, gonna short to 1.6390 for some fast pips + eu is tanked.
  • #355,908
  • Dec 10, 2013 9:46pm Dec 10, 2013 9:46pm
yet another day i can't find good entry for cable, however i try long on aussie 9126..
  • #355,909
  • Edited 11:23pm Dec 10, 2013 11:13pm | Edited 11:23pm
http://www.roboforex.ru/files/filema...gbp_3_(17).png


http://www.roboforex.ru/files/filema...gbp_1_(16).png
http://www.roboforex.ru/files/filema...gbp_2_(17).png
  • #355,910
  • Dec 10, 2013 11:26pm Dec 10, 2013 11:26pm
Quoting PipTrapper
{quote} I see you are targeting 1.66 Jimmy. My upside targets come in at 1.6570 max. What have to used to calculate yours?

  1. Flag & Staff
  2. argumentatively Rectangle continuation & then looking to the west for
  3. resistance zones

Attached Image (click to enlarge)
Click to Enlarge Name: GU Daily.png Size: 29 KB


Note next Major R is only at 1.67

G/L
  • #355,911
  • Dec 10, 2013 11:37pm Dec 10, 2013 11:37pm
EU 1H

Small falling wedge at top of range

Note major R at 1.38032 may be final target (see when we get there)
Stop if trading action below 1,3745
Attached Image (click to enlarge)
Click to Enlarge Name: EU 1H.png Size: 17 KB
  • #355,912
  • Dec 10, 2013 11:40pm Dec 10, 2013 11:40pm
1.6500 - Barrier w/ stops above&offers under.
1.6470 - Buy stops
1.6415 - Sell stops

got this info from Darkstar 'order flow' feed: http://www.orderflowtrading.com/News.aspx
Attached Image
  • #355,913
  • Dec 11, 2013 12:03am Dec 11, 2013 12:03am
from maksiforex: "In our current forecast assumes reversal and decline couples to price levels: 1.6425, 1.64, 1.6360. If the currency manages to overcome this last level, the decline will continue in the direction of the key support level 1.63. If the sample does not take place, the pair will try, again, to test 1.6465 previous local maximum."

-----------------------
I LOST
  • #355,914
  • Dec 11, 2013 12:12am Dec 11, 2013 12:12am
cleared my pos om ausie.. doesn't seems right at this time, -10pips.. oh my..
  • #355,915
  • Dec 11, 2013 12:30am Dec 11, 2013 12:30am
GU We fell ... COOL
  • #355,916
  • Dec 11, 2013 12:39am Dec 11, 2013 12:39am
Quoting nAVIN2007
{quote} Mr T..Im starting to think u can see the future good trading,.u are absolutely nailing them
see GU down to 1.6400........ eventually, crazy GU
  • #355,917
  • Dec 11, 2013 12:44am Dec 11, 2013 12:44am
Quoting mamalujo
{quote} see GU down to 1.6400........ eventually, crazy GU
crazy! crazy! crazy!

I managed to close unprofitable trades and open dates! (thanks to me!)
  • #355,918
  • Dec 11, 2013 1:00am Dec 11, 2013 1:00am
Quoting mamalujo
{quote} see GU down to 1.6400........ eventually, crazy GU

i saw the damn market is tough..one minute huge move next dead..i will one thing thing thou..its respecting support and resistance but i wont call this trending
  • #355,919
  • Dec 11, 2013 1:05am Dec 11, 2013 1:05am
Quoting nAVIN2007
{quote} i saw the damn market is tough..one minute huge move next dead..i will one thing thing thou..its respecting support and resistance but i wont call this trending
do you think we're going to...?
  • #355,920
  • Dec 11, 2013 1:06am Dec 11, 2013 1:06am
Quoting Privet
{quote} do you think we're going to...?
i have no idea..im just waiting for monthly close
i think its practically = long and short

because we broke the daily previous low short has a chance
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