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Cable Update (GBPUSD)

  • #363,061
  • Feb 12, 2014 8:57am Feb 12, 2014 8:57am
Quoting theXfiles
Still hold some longs {image}
nice one
  • #363,062
  • Feb 12, 2014 9:10am Feb 12, 2014 9:10am
Quoting Zappa
{quote} Nothing to worry about, this machine wasn't made in China!
that's another good one.
  • #363,063
  • Feb 12, 2014 9:15am Feb 12, 2014 9:15am
76.4% of the 6668-6250 fall at the hi...how will the daily close ? what chance a run on that 6668 now ?

Best Wishes.
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it's all gone a bit........
  • #363,064
  • Feb 12, 2014 9:23am Feb 12, 2014 9:23am
Quoting Greener
{quote} that's another good one.
Sarcasm detected.

Cheer up, man. It ain't going to be so bad.
  • #363,065
  • Feb 12, 2014 9:25am Feb 12, 2014 9:25am
almost was opening short at 6565 but stopped. Its hard but i left pending sell on 6600. Come on come come.
trully saying i feel that it has potential to go further but i decided to short 6600. if today it will not hit 6600 at the end of the day i will short 6550 in order to dont miss the move to 6300
  • #363,066
  • Feb 12, 2014 9:35am Feb 12, 2014 9:35am
I am very close to sell...too
  • #363,067
  • Feb 12, 2014 9:50am Feb 12, 2014 9:50am
Trying to capitalise on GBP strength and daily supply on AUD, nice pair!
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  • #363,068
  • Feb 12, 2014 9:55am Feb 12, 2014 9:55am
Quoting Zappa
{quote} Sarcasm detected. Cheer up, man. It ain't going to be so bad.
this says it all

Inserted Video
  • #363,069
  • Feb 12, 2014 9:57am Feb 12, 2014 9:57am
operation kill all bears?

GU H4
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  • #363,070
  • Edited 1:51pm Feb 12, 2014 10:03am | Edited 1:51pm
Quoting Trader88q
almost was opening short at 6565 but stopped. Its hard but i left pending sell on 6600. Come on come come. trully saying i feel that it has potential to go further but i decided to short 6600. if today it will not hit 6600 at the end of the day i will short 6550 in order to dont miss the move to 6300
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it might as well be some where there it is going short on the way down 6589 i will move the entry up if it goes higher so that i have a order just in case there is a big sell off,i have one other short loseing pips
  • #363,071
  • Feb 12, 2014 10:07am Feb 12, 2014 10:07am
GU4H my 2c

I traded the breakout of the box. Remain long.
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  • #363,072
  • Feb 12, 2014 10:15am Feb 12, 2014 10:15am
same sentiments
  • #363,073
  • Feb 12, 2014 10:16am Feb 12, 2014 10:16am
Quoting Trader88q
almost was opening short at 6565 but stopped. Its hard but i left pending sell on 6600. Come on come come. trully saying i feel that it has potential to go further but i decided to short 6600. if today it will not hit 6600 at the end of the day i will short 6550 in order to dont miss the move to 6300
I did pull a short just above there. Almost stopped out.
  • #363,074
  • Feb 12, 2014 10:18am Feb 12, 2014 10:18am
Quoting chazzle
operation kill all bears? GU H4 {image}
this is a good sign it is topping. long term bears should be already dead
  • #363,075
  • Feb 12, 2014 10:20am Feb 12, 2014 10:20am
Quoting Greener
{quote} this is a good sign it is topping. long term bears should be already dead
I don't know. Looks like there are more bears than bulls right now according to this website.
  • #363,076
  • Feb 12, 2014 10:26am Feb 12, 2014 10:26am
Quoting JimmyC
GU4H my 2c I traded the breakout of the box. Remain long. {image}
Very nice indeed
  • #363,077
  • Edited 10:47am Feb 12, 2014 10:35am | Edited 10:47am
Quoting Baggi
{quote} I don't know. Looks like there are more bears than bulls right now according to this website.
if they are last minute bears they are wise men. I expect a nasty fall soon or later and this one, in theory, could have been the perfect day.

no interest rates hikes for over a year on uncertain/unsustainable growth and inflated employment data ...it doesn't get any worse than that inmho but you're free to think otherwise...the pound gets pounded when nobody is watching...it may still get to 1660 though. Charts are bullish.
  • #363,078
  • Feb 12, 2014 10:41am Feb 12, 2014 10:41am
Quoting Greener
{quote} this is a good sign it is topping. long term bears should be already dead
Sir G
I'm not sure this is correct, although there are overbought signs these are more likely to indicate consolidation till it cools off and then potential continuation. Until tomorrows event risks move into the market and if they surprise, then and only then would I believe there is cause to believe this pair should be shorted. For now no entry either way, its simply the quiet after London session.

green pips to you

R

J
  • #363,079
  • Feb 12, 2014 10:41am Feb 12, 2014 10:41am
Quoting Greener
{quote} if they are last minute bears they are wise men. I expect a nasty fall soon or later and this one, in theory, could have been the perfect day.
I have been thinking that for a while, but the price action points to a higher high. I took a small short, but I am expecting 167.xx to print this week.
  • #363,080
  • Feb 12, 2014 10:53am Feb 12, 2014 10:53am
Quoting capitulation
{quote} I have been thinking that for a while, but the price action points to a higher high. I took a small short, but I am expecting 167.xx to print this week.
Mine is just an opinion. Charts are bullish. BOEdata have been digested and all seems good. I just don't buy it. It may take 0 to a few days to see the right direction though. I am just playing with the probabilities I see.
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