Attachments: Cable Update (GBPUSD)

Cable Update (GBPUSD)

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Post #361,981
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Feb 4, 2014 2:55am Feb 4, 2014 2:55am

GlobalMacro
Joined Mar 2008 | Status: Taking Care Of Business | 5,587 Posts

Quoting sakisf

Disliked

{quote} It's sad to see all bulls give up. I need some help to get it back up to .63

Ignored

This could be a temporary respite....63 is only a couple of pips away.

Hear the music before the song is over ...

Post #361,982
Quote
Feb 4, 2014 3:05am Feb 4, 2014 3:05am

chazzle
Joined Sep 2010 | Status: Member | 11,327 Posts

day low is in already I reckon

Post #361,983
Quote
Feb 4, 2014 3:13am Feb 4, 2014 3:13am

Red Alert
| Joined Mar 2012 | Status: Member | 730 Posts

Quoting GlobalMacro

Disliked

{quote} This could be a temporary respite....63 is only a couple of pips away.

Ignored

It is depend on your lot size, if too much, even 63 is far away, .....

Post #361,984
Quote
Edited 5:09am Feb 4, 2014 3:15am | Edited 5:09am

Hickson
Joined Jan 2014 | Status: Less is more ... | 9,023 Posts

With 0,01 lot you do not have to be too afraid to hold to 1,64 + as well. All a matter of risk management.

Fix up, trade sharp ...

Post #361,985
Quote
Feb 4, 2014 3:22am Feb 4, 2014 3:22am

sakisf
Joined Sep 2013 | Status: boreddddd | 3,137 Posts

Wasn't something that had to do with MM (my MM is terrible anyway), just want to short it up there...

Post #361,986
Quote
Feb 4, 2014 3:25am Feb 4, 2014 3:25am

GlobalMacro
Joined Mar 2008 | Status: Taking Care Of Business | 5,587 Posts

Quoting Red Alert

Disliked

{quote} It is depend on your lot size, if too much, even 63 is far away, .....

Ignored

Point was there is a high probability to revisit the level.

Hear the music before the song is over ...

Post #361,987
Quote
Feb 4, 2014 3:41am Feb 4, 2014 3:41am

chazzle
Joined Sep 2010 | Status: Member | 11,327 Posts

Quoting chazzle

Disliked

day low is in already I reckon

Ignored

GU M15

Bearish momentum bottomed out

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Post #361,988
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Feb 4, 2014 3:50am Feb 4, 2014 3:50am

Trader88q
| Joined May 2012 | Status: Member | 1,292 Posts

Looks like that is really the huge problem if the media keep they mouths off regarding US fiscal cliff. That why stocks is crashing now.
Stocks crash = dollar strong always.

Post #361,989
Quote
Feb 4, 2014 3:51am Feb 4, 2014 3:51am

Trader88q
| Joined May 2012 | Status: Member | 1,292 Posts

I can say it will continue to 6000 at least and final target 5666. The market maker likes big profits 1000-1500 pips per trade.
But now i am longing 6270 SL 6240 TP 6370 it could correct now to 6370

Post #361,990
Quote
Feb 4, 2014 4:23am Feb 4, 2014 4:23am

elbert3
Joined Dec 2013 | Status: Member | 19,811 Posts

i think depending on the candle that closes on the daily, we 1 get a small retrace 1. 6370 or even 1.6425 a break above 1.650 then we are back in the daily up trend , if we break 1.6235 then it looks like the next big support is down to the 50fib on the day chart of 1.4811. i have took a big lot long off the support line to 6350, watch for a double bottom tho at 6238 the big boys might want to fake a break there, lot of traders short now, target for short after the break of 16235 is 1.5965

Post #361,991
Quote
Feb 4, 2014 4:33am Feb 4, 2014 4:33am

elbert3
Joined Dec 2013 | Status: Member | 19,811 Posts

Inserted Video

this is what i was doing yesterday with my entry's i have the right entrys but just not at the right time watch the clip

Post #361,992
Quote
Feb 4, 2014 4:38am Feb 4, 2014 4:38am

elbert3
Joined Dec 2013 | Status: Member | 19,811 Posts

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chart from my above post

Post #361,993
Quote
Feb 4, 2014 4:45am Feb 4, 2014 4:45am

cdndollar
Joined Sep 2012 | Status: classic Arts | 1,043 Posts

Recent month end cross adjustment PA getting both camps excited with Cable solidifying support above the multi-year mofu TL..
February Flop or Trend Continuation for our eccentric old fella?

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Quoting cdndollar

Disliked

{quote} Here you go.. "Newton's Second Law of Motion" in Speculation..? {image} Another probe at the Wedge's upper TL coming up.. F = M A.. Mofu Asset prices diverge from pure fundamental value in real life trading..

Ignored