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Cable Update (GBPUSD)

  • #359,581
  • Jan 21, 2014 6:10am Jan 21, 2014 6:10am
Quoting Griffo
Hoping to take out yesterdays low of 6394 in the next hour or two.
I want to "yeeha" - but i'll wait
  • #359,582
  • Jan 21, 2014 6:15am Jan 21, 2014 6:15am
Quoting Griffo
Hoping to take out yesterdays low of 6394 in the next hour or two.
Yeah that's a huger possibility. Let's see
  • #359,583
  • Jan 21, 2014 6:19am Jan 21, 2014 6:19am
Quoting TauTrader
{quote} i know.. I'm the contra indi.. But studying a few years' data - we have a reasonable probability to revisit 1.0819 at some point. So - going with that. What am I doing?! Wishing you mega profits Regards and all success
+

Tomorrow is BOC statement if they remain dovish probably will have few hundred pips run.

Time will tell.
  • #359,584
  • Jan 21, 2014 6:27am Jan 21, 2014 6:27am
Quoting PayTheLimit
pretty dead today, been trying to buy at 6415 but haven't filled, gonna move my bids down to 6402 and see if asia fills me, risk 6394, try for 6462...laterz..

I'll try for 6502 with these now...
Look Sharp/Trade Tight
  • #359,585
  • Jan 21, 2014 6:33am Jan 21, 2014 6:33am
Quoting pipcenturion
Hi all, I suggest selling cable at market price 1.6447 TP 1.6260 SL 100 pips Happy trading! {image}

+38 pips partial profit taken on this trade.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdm15_partial profit.png Size: 20 KB
  • #359,586
  • Jan 21, 2014 6:35am Jan 21, 2014 6:35am
Quoting pipcenturion
{quote} +38 pips partial profit taken on this trade. {image}
congrats on those pips
  • #359,587
  • Jan 21, 2014 6:36am Jan 21, 2014 6:36am
Quoting TauTrader
{quote} I want to "yeeha" - but i'll wait
Still waiting for this level i am bored now and thinking about to quit sell on GU
  • #359,588
  • Jan 21, 2014 6:38am Jan 21, 2014 6:38am
I have cleared all weaker shorts - only one position open @ 1.6447.

Now we wait..
  • #359,589
  • Jan 21, 2014 6:38am Jan 21, 2014 6:38am
Quoting PayTheLimit
{quote} I'll try for 6502 with these now...
Looking good. You got in?
Hear the music before the song is over ...
  • #359,590
  • Jan 21, 2014 6:39am Jan 21, 2014 6:39am
Quoting xetrader
{quote} Still waiting for this level i am bored now and thinking about to quit sell on GU
quit if you feel that is the right thing to do.

Always good to bank profit.

Regards
  • #359,591
  • Jan 21, 2014 6:41am Jan 21, 2014 6:41am
Quoting TauTrader
{quote} quit if you feel that is the right thing to do. Always good to bank profit. Regards
I am short from 1.6422.. and 1.6420 so what do you suggest for me?
  • #359,592
  • Jan 21, 2014 6:43am Jan 21, 2014 6:43am
Quoting IveGotQuads
{quote} congrats on those pips
Thanks bro
  • #359,593
  • Jan 21, 2014 6:43am Jan 21, 2014 6:43am
Quoting GlobalMacro
{quote} Looking good. You got in?
yea, by the skin of my teeth, looks good, would like to see new highs today that would help the cause smartly..
Look Sharp/Trade Tight
  • #359,594
  • Jan 21, 2014 6:46am Jan 21, 2014 6:46am
Quoting xetrader
{quote} I am short from 1.6422.. and 1.6420 so what do you suggest for me?
Add every 20 pips north.
  • #359,595
  • Jan 21, 2014 6:48am Jan 21, 2014 6:48am
Quoting TauTrader
{quote} Add every 20 pips north.
Doubling your position
  • #359,596
  • Jan 21, 2014 6:48am Jan 21, 2014 6:48am
perhaps some resistance now at 6440...
Look Sharp/Trade Tight
  • #359,597
  • Jan 21, 2014 6:49am Jan 21, 2014 6:49am
I don't know if I got right the accumulation theory but this is what the whole day looks to me. As was yesterday.
  • #359,598
  • Jan 21, 2014 6:51am Jan 21, 2014 6:51am
Quoting PayTheLimit
{quote} yea, by the skin of my teeth, looks good, would like to see new highs today that would help the cause smartly..
Hope so too....almost there.
Hear the music before the song is over ...
  • #359,599
  • Jan 21, 2014 6:56am Jan 21, 2014 6:56am
After some loss, i belive in flags
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdxm15.png Size: 61 KB
Anything is math!
  • #359,600
  • Jan 21, 2014 7:10am Jan 21, 2014 7:10am
daily we see another doji after push ,bulls should be worried if next is small or red
Attached Image (click to enlarge)
Click to Enlarge Name: gbp USD d1 Spot.png Size: 39 KB
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