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Cable Update (GBPUSD)

  • #362,081
  • Feb 4, 2014 10:43am Feb 4, 2014 10:43am
Quoting GlobalMacro
{quote} I hear ya...hopefully this one works out just fine.
Hope all well at your end, G.

G/J possibly could see reversal from here
  • #362,082
  • Feb 4, 2014 10:43am Feb 4, 2014 10:43am
Quoting GlobalMacro
{quote} I hear ya...hopefully this one works out just fine.
IK your TP is open, but do you have an estimated target? or a level you would like to see
  • #362,083
  • Feb 4, 2014 10:53am Feb 4, 2014 10:53am
Quoting Ken A
{quote} Hope all well at your end, G. G/J possibly could see reversal from here
Thanks, man. G/J is reversing on daily...is definitely a plus - I see G/U as a stronger one atm...

You in G/U this time, Ken?
Hear the music before the song is over ...
  • #362,084
  • Edited 11:13am Feb 4, 2014 10:59am | Edited 11:13am
Quoting lamp
{quote} IK your TP is open, but do you have an estimated target? or a level you would like to see
No, and imo it's better this way, as setting T/P at trade onset makes one take eyes off the ball...

Better to deal with it as PA goes along.... S / L is a must tho.
Hear the music before the song is over ...
  • #362,085
  • Feb 4, 2014 11:16am Feb 4, 2014 11:16am
Quoting GlobalMacro
{quote} Thanks, man. G/J is reversing on daily...is definitely a plus - I see G/U as a stronger one atm... You in G/U this time, Ken?
No G/U but I am watching it because of G/CAD and G/CHF.

Not adding new positions from last week a bit overwhelming managing XXX/JPY scaling in and out
  • #362,086
  • Feb 4, 2014 11:37am Feb 4, 2014 11:37am
Quoting Ken A
{quote} No G/U but I am watching it because of G/CAD and G/CHF. Not adding new positions from last week a bit overwhelming managing XXX/JPY scaling in and out
I see you're into heavy metal .... this boring puppy turns heavy too sometimes...
Hear the music before the song is over ...
  • #362,087
  • Feb 4, 2014 11:59am Feb 4, 2014 11:59am
More retail longs needed,my target is 1.6225
  • #362,088
  • Feb 4, 2014 12:41pm Feb 4, 2014 12:41pm
my definition is the same as the books and online ?


Quoting Kajos2250
{quote} Could you share your definition of datk cloud???
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #362,089
  • Feb 4, 2014 12:41pm Feb 4, 2014 12:41pm
Hmm... soon we will all be barcoded if we want to participate in the 'system'.

http://www.activistpost.com/2012/02/...f-america.html
Author of: For Pip's Sake! (Available at Amazon... :-) )
  • #362,090
  • Feb 4, 2014 12:42pm Feb 4, 2014 12:42pm
support will hold I suspect
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #362,091
  • Feb 4, 2014 1:17pm Feb 4, 2014 1:17pm
dangerous collect of candles for bears off this pivot ,market imo is range / eventual bearish break
Attached Image (click to enlarge)
Click to Enlarge Name: gbp h12 USD Spot.png Size: 38 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #362,092
  • Feb 4, 2014 1:26pm Feb 4, 2014 1:26pm
Note the candles, Bones. Also note the kiss of the ascending magenta TL. News tomorrow may help the mood turn bullish again. Indeed, was today used to get price down a little for better positions tomorrow... we shall see.
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: gbpusddaily.png Size: 66 KB
Author of: For Pip's Sake! (Available at Amazon... :-) )
  • #362,093
  • Feb 4, 2014 1:28pm Feb 4, 2014 1:28pm
... and with a descending magenta TL.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbpusdweekly.png Size: 72 KB
Click to Enlarge Name: gbpusddaily.png Size: 65 KB
Author of: For Pip's Sake! (Available at Amazon... :-) )
  • #362,094
  • Feb 4, 2014 1:29pm Feb 4, 2014 1:29pm
The Dollar took a bit of a kicking today, so it may ask for a rematch tomorrow.
Attached Image (click to enlarge)
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Author of: For Pip's Sake! (Available at Amazon... :-) )
  • #362,095
  • Feb 4, 2014 1:36pm Feb 4, 2014 1:36pm
I will go long, 1.64370 tp.
  • #362,096
  • Feb 4, 2014 1:51pm Feb 4, 2014 1:51pm
GU 1H

Not much to see here
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  • #362,097
  • Feb 4, 2014 2:07pm Feb 4, 2014 2:07pm
I suspect we're going to reverse here and head back into the bullish trend.

However, if we bust down through this level, I will join with the bears in thinking we are heading back into the 1.5 levels.
  • #362,098
  • Feb 4, 2014 2:32pm Feb 4, 2014 2:32pm
Some TA for quants among us:
Attached Image (click to enlarge)
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Hear the music before the song is over ...
  • #362,099
  • Feb 4, 2014 4:27pm Feb 4, 2014 4:27pm
Quoting Kajos2250
{quote} The only doubtful for my longs is the last day bearish marubozu. If the price could get to it's close price i will have to take some loss. But i think what we are seeing that is the retest of broken resistance of last year ~6290 and this results perfect RR to try this! The WPP~6496 and the MPP~6471 has not touched yet. The monthly candles are creating a new HL... and will try to defeat last high. Sorry for my poor english And these are just my foundation stone my plan. Good luck!
Bullish engulfing effect-> H4 bearish broken trend. Invalidation point under ~6268.
I am holding longs and i left buy limits at .6313 again.

Good luck, good night
Attached Image(s) (click to enlarge)
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Anything is math!
  • #362,100
  • Feb 4, 2014 4:45pm Feb 4, 2014 4:45pm
Buying GBP and hold.
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