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Cable Update (GBPUSD)

  • #361,501
  • Jan 30, 2014 8:07am Jan 30, 2014 8:07am
not comfortable with my short but i do it 1.6515 with tight stop :|
  • #361,502
  • Jan 30, 2014 8:09am Jan 30, 2014 8:09am
Quoting 3ckune
not comfortable with my short but i do it 1.6515 with tight stop :|
61.8 of recent drop, not a bad spot to take a shot from RR perspective
  • #361,503
  • Jan 30, 2014 8:15am Jan 30, 2014 8:15am
Quoting 3ckune
not comfortable with my short but i do it 1.6515 with tight stop :|
one should make sure the shorts fit you before trying them on lol i just done them same i sold my long at the 50% and went short on the retest on the 1min chart sl 6537
  • #361,504
  • Jan 30, 2014 8:16am Jan 30, 2014 8:16am
Good day,

Still testing variations..

4hr chart may be signalling intent to go higher..

Regards
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdh4.png Size: 69 KB
  • #361,505
  • Jan 30, 2014 8:17am Jan 30, 2014 8:17am
Quoting Bones
580 ,the daily Gm its not going to recover ,monthly will be bearish
Lo' & Behold:

It's not only recovering

but

look HOW it's recovering !!!

Cable 1.6520 up from 1.6445

Quoting Bones
h12 exit buyers ,bye bye trend traders {quote} {image}
You still think so, Tony ?




.
Attached Image
Hear the music before the song is over ...
  • #361,506
  • Jan 30, 2014 8:17am Jan 30, 2014 8:17am
Quoting edindzeko
{quote} 61.8 of recent drop, not a bad spot to take a shot from RR perspective

Yep you a right.
Attached Image (click to enlarge)
Click to Enlarge Name: you are right.png Size: 64 KB
  • #361,507
  • Jan 30, 2014 8:29am Jan 30, 2014 8:29am
Added long
  • #361,508
  • Jan 30, 2014 8:32am Jan 30, 2014 8:32am
closed for 20p
  • #361,509
  • Jan 30, 2014 8:40am Jan 30, 2014 8:40am
lol no I think daily will rule ,
maybe tomorrow ,maybe today ,bulls wont beat it unfortunately

Quoting GlobalMacro
{quote} Lo' & Behold: It's not only recovering but look HOW it's recovering !!! Cable 1.6520 up from 1.6445 {quote} You still think so, Tony ? . {image}
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #361,510
  • Jan 30, 2014 8:40am Jan 30, 2014 8:40am
Quoting 3ckune
not comfortable with my short but i do it 1.6515 with tight stop :|
o what a nice trade that could turn out to be, bought at the bottom tp and short at the same time on the 50 fib line classic ,and just took 1 more short and in profit. cannot lose
  • #361,511
  • Jan 30, 2014 8:41am Jan 30, 2014 8:41am
when gbp breaks that 300 pip pin deary me
GBp Lfx w1
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #361,512
  • Jan 30, 2014 8:48am Jan 30, 2014 8:48am
closed 6496 in long again
  • #361,513
  • Jan 30, 2014 8:56am Jan 30, 2014 8:56am
lol, right, keep that daily warm & ready...we'll take a look at it later today or tomorrow....

Quoting Bones
lol no I think daily will rule , maybe tomorrow ,maybe today ,bulls wont beat it unfortunately {quote}
Hear the music before the song is over ...
  • #361,514
  • Jan 30, 2014 8:58am Jan 30, 2014 8:58am
any body having problems loading charts ??
  • #361,515
  • Jan 30, 2014 9:06am Jan 30, 2014 9:06am
how soon we are going to see 6380?
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #361,516
  • Jan 30, 2014 9:06am Jan 30, 2014 9:06am
Quoting ffleo
how soon we are going to see 6380?
I guess not too long
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #361,517
  • Jan 30, 2014 9:08am Jan 30, 2014 9:08am
Quoting GlobalMacro
lol, right, keep that daily warm & ready...we'll take a look at it later today or tomorrow.... {quote}

  • #361,518
  • Jan 30, 2014 9:08am Jan 30, 2014 9:08am
Quoting GlobalMacro
{quote} - 61.8 % retracement - CP Area Cable now 1.6456 = BUY STOP ORDER FILLED @ 1.6455: LONG @ 1.6455 S / L : 1.6390 T / P : OPEN
Raising S/L up to 1.6439:

LONG @ 1.6455

S / L : 1.6439

T / P : OPEN

Cable now 1.6514 Today's High : 1.6520

Open P&L : + 59 pips
Hear the music before the song is over ...
  • #361,519
  • Jan 30, 2014 9:14am Jan 30, 2014 9:14am
Quoting GlobalMacro
{quote} Raising S/L up to 1.6439: LONG @ 1.6455 S / L : 1.6439 T / P : OPEN Cable now 1.6514 Today's High : 1.6520 Open P&L : + 59 pips
Attached Image (click to enlarge)
Click to Enlarge Name: 2.png Size: 80 KB
clear of the trade now if the tl breaks to the up in long but not sure if it is only retesting the line if not short and x marks the spot ,,gl
  • #361,520
  • Jan 30, 2014 9:20am Jan 30, 2014 9:20am
Good day,

1.6590 seems to show the big cluster of retail stops.
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