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Cable Update (GBPUSD)

  • #359,081
  • Jan 17, 2014 6:18am Jan 17, 2014 6:18am
Quoting TauTrader
{quote} Here is a recent 1hr chart with the shorts marked - each one worked.. Regards {image}
Attached Image (click to enlarge)
Click to Enlarge Name: 44.png Size: 124 KB

Enter past the tl or if your brave just before which looks like it could be the casen target x marks the spot
  • #359,082
  • Jan 17, 2014 6:21am Jan 17, 2014 6:21am
Quoting elbert3
{quote} {image} Enter past the tl or if your brave just before which looks like it could be the casen target x marks the spot
Seems we are in different camps - over the next few sessions.

Fair.

All the best to you sir

I'm a bad trader - only correct 60% of the time.

I wish you success north
  • #359,083
  • Jan 17, 2014 6:21am Jan 17, 2014 6:21am
Quoting shivam332
We will see 1.61 levels in next 4 days
Hi sorry I am new, why will we see 1.61? Can you please advise? Thank you
  • #359,084
  • Jan 17, 2014 6:22am Jan 17, 2014 6:22am
on my last chart 66 would give a double top. but it will look like a W in that case we will have to look to the top TL any thoughts
  • #359,085
  • Jan 17, 2014 6:23am Jan 17, 2014 6:23am
Quoting elbert3
{quote} {image} Enter past the tl or if your brave just before which looks like it could be the casen target x marks the spot
That trendline we were talking about coupla days ago played out well....
Hear the music before the song is over ...
  • #359,086
  • Jan 17, 2014 6:25am Jan 17, 2014 6:25am
Quoting TauTrader
{quote} Seems we are in different camps - over the next few sessions. Fair. All the best to you sir I'm a bad trader - only correct 60% of the time. I wish you success north
This is my position at the moment..
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdh1.png Size: 85 KB
  • #359,087
  • Jan 17, 2014 6:25am Jan 17, 2014 6:25am
Quoting TauTrader
{quote} Seems we are in different camps - over the next few sessions. Fair. All the best to you sir I'm a bad trader - only correct 60% of the time. I wish you success north
But we are trading probabilitys, the chart i started last night in case i was stoped long , to see were we could be going to, it will be a good chart for me to save for the future outcome. regards
  • #359,088
  • Jan 17, 2014 6:30am Jan 17, 2014 6:30am
Quoting elbert3
{quote} But we are trading probabilitys, the chart i started last night in case i was stoped long , to see were we could be going to, it will be a good chart for me to save for the future outcome. regards
I respect that, sir

Nothing more to say.

All success
  • #359,089
  • Jan 17, 2014 6:33am Jan 17, 2014 6:33am
Quoting GlobalMacro
{quote} That trendline we were talking about coupla days ago played out well....
Well done that man, but i got myself side tracked hence the morecome and wise link before to Quad, i was taking on board any other traders point of view, the really good thing is last week posted Danska bank went long 350 sl 6305 so last night i followed them and sl to 6299 with open tp,i was shrot from the top of nz move so up to now it has been wonderfull, lets see if i can get it right without blowing the profit, keep the chart and let me know. best regards. billy
  • #359,090
  • Jan 17, 2014 6:37am Jan 17, 2014 6:37am
You guys are fighting a drop.

I'm sorry

Regards
  • #359,091
  • Jan 17, 2014 6:47am Jan 17, 2014 6:47am
gu so far so good for two weeks now.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdh1.png Size: 30 KB
Keep the Lights on then you can catch the rise from the dark.
  • #359,092
  • Jan 17, 2014 6:57am Jan 17, 2014 6:57am
good job GM ,
go figure my mum said retail sales were bad a x mas lol

Quoting GlobalMacro
{quote} This has been a long journey and there has been a lot of naysayers along the way , mostly polite and honest, except for one twisted whacko who was eager to point out my 39 pips s/l....wonder why he didn't post my trade this time around....... but I digress.....in the end WE PREVAIL; The Trend Traders. And remember this: I don't want just a mere cake, I want the whole F$g bakery. Now onto the open position parameters.... Raising S/L up to 1.6340 and letting the long position run its course: LONG @ 1.6349 S / L : 1.6340 T / P : OPEN Cable...
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #359,093
  • Jan 17, 2014 6:58am Jan 17, 2014 6:58am
Quoting petetong
bulls are strong now no ? 4hr pic: Daily R3 pivot at the present high also. {image}
the start to the downtrend look definetely will be broken, maybe next week well hit 1.66 again and then 1.68, pound is a very speculative fueled currency,
lets look at the historical charts and the news of this kind in the past, can make it rally hundreds of pip in short weeks period, dollar advance is surely going to cap it gains,
maybe the top will in the 1.68 area before a correction. 1.6449 price now.
  • #359,094
  • Jan 17, 2014 7:00am Jan 17, 2014 7:00am
Hi there,

my simple vision on gbpusd weekly chart. Looks like monthly triangle is broken upwards but having dificulty closing a weekly above 1.6505. Support at 1.6260.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd w.png Size: 31 KB
  • #359,095
  • Edited 7:20am Jan 17, 2014 7:00am | Edited 7:20am
Quoting elbert3
{quote} Well done that man, but i got myself side tracked hence the morecome and wise link before to Quad, i was taking on board any other traders point of view, the really good thing is last week posted Danska bank went long 350 sl 6305 so last night i followed them and sl to 6299 with open tp,i was shrot from the top of nz move so up to now it has been wonderfull, lets see if i can get it right without blowing the profit, keep the chart and let me know. best regards. billy
Thanks Billy. How you rolling intraday gu today?
Hear the music before the song is over ...
  • #359,096
  • Jan 17, 2014 7:02am Jan 17, 2014 7:02am
Quoting TauTrader
You guys are fighting a drop. I'm sorry Regards
bring it on
  • #359,097
  • Jan 17, 2014 7:04am Jan 17, 2014 7:04am
Quoting chazzle
{quote} bring it on
Deal!
  • #359,098
  • Jan 17, 2014 7:07am Jan 17, 2014 7:07am
Quoting Bones
good job GM , go figure my mum said retail sales were bad a x mas lol {quote}
So lesson: never listen to your mum ?



Appreciate it Tony.

That DTL still looks delicious.
Hear the music before the song is over ...
  • #359,099
  • Jan 17, 2014 7:10am Jan 17, 2014 7:10am
Quoting TauTrader
{quote} Deal!
hurry up
  • #359,100
  • Jan 17, 2014 7:11am Jan 17, 2014 7:11am
Quoting bonnzi
{quote} hurry up
indeed - pre-news 457 break plz
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