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Cable Update (GBPUSD)

  • #356,341
  • Dec 18, 2013 4:29am Dec 18, 2013 4:29am
Quoting Ill-b-back
{quote} Lol, well done PT, I think Cable is returning to her former glory
  • #356,342
  • Dec 18, 2013 4:30am Dec 18, 2013 4:30am
Looks like a clean break to me but will stay up for the FOMC to confirm
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdh4.png Size: 32 KB
Come with me if you want to live....
  • #356,343
  • Dec 18, 2013 4:32am Dec 18, 2013 4:32am
Quoting PoundTrader
{quote}
Hello PT

Best regards,
PT
Those who say it cannot be done should not interrupt those who are doing it
  • #356,344
  • Dec 18, 2013 4:32am Dec 18, 2013 4:32am
Quoting PoundTrader
{quote}

Went long at the beginning of the day but closed it out before the news.

These current longs are nearly 2 weeks old



Now watching taped Homeland.
See you later bro
Come with me if you want to live....
  • #356,345
  • Dec 18, 2013 4:38am Dec 18, 2013 4:38am
Quoting Ill-b-back
{quote} Went long at the beginning of the day but closed it out before the news. These current longs are nearly 2 weeks old Now watching taped Homeland. See you later bro
http://www.easyfreesmileys.com/smile...mileys-860.gif

Inserted Video
  • #356,346
  • Dec 18, 2013 4:41am Dec 18, 2013 4:41am
Me thinks that it's higly likely that today sooner or later some dollar power will resume, regarding the tapering decision.
So many scenarios actually, let's see how this unfolds til the announcement.
  • #356,347
  • Dec 18, 2013 4:44am Dec 18, 2013 4:44am
Quoting PoundTrader
{quote} {image} http://www.youtube.com/watch?v=VrDfS...yer_detailpage
nice beat PoundTrader
  • #356,348
  • Dec 18, 2013 4:46am Dec 18, 2013 4:46am
no pip outside the range 1,6349/1,6365 for 1 hour. waiting for a range-breakout.
fortis fortuna adiuvat
  • #356,349
  • Dec 18, 2013 4:51am Dec 18, 2013 4:51am
Quoting PipTrapper
{quote} Still holding long from 1.6245, but I think 1.6370 will be pretty much the end of the line for this bull move. Might take some more profit there depending on price action. {image}
If you put a fib on the day chart 1.64693 and 1.62093 it comes out 61.8 fib at 1.6370 what a nice surprise that would be with that i will move my stop to 1.6377 lets see what happens and what the tecs say good luck
  • #356,350
  • Dec 18, 2013 4:58am Dec 18, 2013 4:58am
Hrmm I was thinking this move was much bigger. Will see
  • #356,351
  • Dec 18, 2013 5:03am Dec 18, 2013 5:03am
Quoting NJaNeer
Hrmm I was thinking this move was much bigger. Will see
thought the same thing, i blame it on the dollar lol
  • #356,352
  • Dec 18, 2013 5:13am Dec 18, 2013 5:13am
becareful you will see 1.6200 soon
  • #356,353
  • Dec 18, 2013 5:16am Dec 18, 2013 5:16am
Quoting tedsung
becareful you will see 1.6200 soon
that will only happen if FOMC good news? otherwise, it will still go UP?
  • #356,354
  • Dec 18, 2013 5:22am Dec 18, 2013 5:22am
With NO TAPERing GU to fly to 1.64++
  • #356,355
  • Dec 18, 2013 5:25am Dec 18, 2013 5:25am
I was thinking GU at 1.65, but will see. I bought GC as well and so far she's not letting me down.
  • #356,356
  • Dec 18, 2013 5:25am Dec 18, 2013 5:25am
Quoting ThisPip
{quote} nice beat PoundTrader
http://www.easyfreesmileys.com/smile...mileys-444.gif
  • #356,357
  • Dec 18, 2013 5:49am Dec 18, 2013 5:49am
Quoting plesac
On daily we are at 6255 area which was 2 times good resistance, now could be support. On 4 hr we made few times dancing with 200 ema before (red arrows). Now we a closed below cloud, senkou A and B are crossed and looking down for now. But not yet seel in big lots for me. Most likely will test that 200 ema on 4 hr and then test cloud from below and then will see. {image} {image}
That was 200 ema and today cloud test from below in progress. Now...what
  • #356,358
  • Dec 18, 2013 6:42am Dec 18, 2013 6:42am
Quoting NJaNeer
I was thinking GU at 1.65, but will see. I bought GC as well and so far she's not letting me down.
i think1.6465
  • #356,359
  • Dec 18, 2013 6:45am Dec 18, 2013 6:45am
i can tell when traders in this thread was on the wrong side of a trade because they all disappear, oh well more room for me to dance http://www.easyfreesmileys.com/smileys/dancing-baby.jpg
  • #356,360
  • Dec 18, 2013 6:48am Dec 18, 2013 6:48am
Just notes after Mr Carnage and before Ben strikes

GU Daily

Support held

Attached Image (click to enlarge)
Click to Enlarge Name: GU Daily.png Size: 25 KB


GU 4H

I had two choices here, the downtrend held and the H&S executed

Attached Image (click to enlarge)
Click to Enlarge Name: GU 4H.png Size: 19 KB


GU 15

3 options

  1. triangle (flat bottom against trend)
  2. falling wedge
  3. bull flag

Attached Image (click to enlarge)
Click to Enlarge Name: GU15.png Size: 11 KB


2 up 1 down, given FOMC... I'm not keen on trading any. Tomorrow is a day with taper knowledge, will look then.



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