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Cable Update (GBPUSD)

  • #361,481
  • Jan 30, 2014 6:12am Jan 30, 2014 6:12am
Quoting chazzle
{quote} yeah - out now though
O-rite.....
Hear the music before the song is over ...
  • #361,482
  • Jan 30, 2014 6:22am Jan 30, 2014 6:22am
Quoting GlobalMacro
{quote} O-rite.....
GU H4

yeah - still the big tl to reclaim ... will it? won't it? if it goes ... then can look to re-enter
Attached Image(s) (click to enlarge)
Click to Enlarge Name: guh4.PNG Size: 56 KB
Click to Enlarge Name: guh42.PNG Size: 43 KB
  • #361,483
  • Jan 30, 2014 6:24am Jan 30, 2014 6:24am
Quoting edindzeko
{quote} Tend to agree, thats about where i close my long.
i will watch 6505 thats 38%pull back and it will come back to the tl were it will meet the 10 sma ??
  • #361,484
  • Jan 30, 2014 6:33am Jan 30, 2014 6:33am
temp bounce off pivot not tl imo


Quoting chazzle
{quote} {quote} yep {image}
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #361,485
  • Jan 30, 2014 6:33am Jan 30, 2014 6:33am
Attached Image (click to enlarge)
Click to Enlarge Name: m.png Size: 88 KB
thats the chart , having problems loading ?
  • #361,486
  • Jan 30, 2014 6:35am Jan 30, 2014 6:35am
Quoting Bones
temp bounce off pivot not tl imo {quote}
Pivot , 200 ema , oblique , 61.8 fib ... what else you need Tony?
  • #361,487
  • Jan 30, 2014 6:35am Jan 30, 2014 6:35am
tl suggests break and test ,

Quoting Bones
temp bounce off pivot not tl imo {quote}
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #361,488
  • Edited 6:47am Jan 30, 2014 6:36am | Edited 6:47am
Quoting chazzle
{quote} GU H4 yeah - still the big tl to reclaim ... will it? won't it? if it goes ... then can look to re-enter {image} {image}
What level do you see TL on your chart?
Hear the music before the song is over ...
  • #361,489
  • Jan 30, 2014 6:47am Jan 30, 2014 6:47am
Quoting GlobalMacro
{quote} What level's TL come in on your chart?
GU M15

just here, Global - between it and Monday low atm
Attached Image (click to enlarge)
Click to Enlarge Name: gum15.PNG Size: 33 KB
  • #361,490
  • Jan 30, 2014 6:47am Jan 30, 2014 6:47am
must dash - gl all
  • #361,491
  • Jan 30, 2014 6:52am Jan 30, 2014 6:52am
Waiting for 6390 for new longs, shorts likely to control rest of week.
  • #361,492
  • Jan 30, 2014 6:59am Jan 30, 2014 6:59am
Quoting chazzle
{quote} GU M15 just here, Global - between it and Monday low atm {image}
I see....yup....nothing to it....
Hear the music before the song is over ...
  • #361,493
  • Jan 30, 2014 7:14am Jan 30, 2014 7:14am
Quoting littlecraig
{quote} Surly if its a technical glitch, they should credit your account to its original state, before this spike that as upset alot of accounts.
Can they bring back closed trades?

I can see they're (Alpari) restoring my cable trades as I write this. Both of my accounts were blown by this.

They still have to re-instate other trades.
  • #361,494
  • Jan 30, 2014 7:15am Jan 30, 2014 7:15am
Quoting PoundTrader
{quote} i hear you, sucks when there's not a clear trend like last week, part of forex gotta wait till shit start to move then jump on it
that's right...couldn't put it better...

Did you get in on the retrace?
Hear the music before the song is over ...
  • #361,495
  • Jan 30, 2014 7:15am Jan 30, 2014 7:15am
edindzeko..

Thought you were upward bias?

What gave?
  • #361,496
  • Jan 30, 2014 7:33am Jan 30, 2014 7:33am
Quoting diweer
edindzeko.. Thought you were upward bias? What gave?
I am upward bias, just not trading this in between zone. Its end of the month, end of week, etc.

I'll look to get long at 6390. Until then I'm indifferent really
  • #361,497
  • Jan 30, 2014 7:39am Jan 30, 2014 7:39am
Quoting edindzeko
{quote} I am upward bias, just not trading this in between zone. Its end of the month, end of week, etc. I'll look to get long at 6390. Until then I'm indifferent really

Ok Goodluck.

As much as i was short bias yesterday. Wanted to sleep and because of fomc had to remove my trade because of volatility. would have been +130 in profits now.

But its better not to in a trade than to be in it and be wished you never did. LOL
  • #361,498
  • Jan 30, 2014 7:44am Jan 30, 2014 7:44am
I am more than happy to see cable diving hard.
It's because I think any major setback is a buy opportunity.
I think the 1.6450 level should hold for now.
The pair might jump back towards the 1.6520/30 level.
There are few things to consider here in the short term.
First, do not get caught selling the GBP for now.
Secondly, do not get too aggressive in buying the sterling.
There is still some more room to the downside. The pair needs to hold 1.6400 handle to stay positive.
Let's see what happens in the coming sessions.

Cheers!
  • #361,499
  • Jan 30, 2014 7:44am Jan 30, 2014 7:44am
Quoting diweer
{quote} Ok Goodluck. As much as i was short bias yesterday. Wanted to sleep and because of fomc had to remove my trade because of volatility. would have been +130 in profits now. But its better not to in a trade than to be in it and be wished you never did. LOL
Wanna know what I did yesterday? I had open a short on 1.27 @ 6584, held it until yesterday and bailed at BE right around FOMC.
  • #361,500
  • Jan 30, 2014 7:56am Jan 30, 2014 7:56am
Quoting GlobalMacro
{quote} that's right...couldn't put it better... Did you get in on the retrace?
im trading gbp/nzd and eur/nzd, i been testing a few new system that i been working on for all pairs and still making adjustment as i go along
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