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Cable Update (GBPUSD)

  • #363,261
  • Feb 13, 2014 9:16am Feb 13, 2014 9:16am
I got a feeling that bitch will go back to 6676 and even to 6707 then only then when almost all bears will be killed it will start new direction.
Plus tomorow german GDP and EU GDP and variuos european countries with CPI and GDP. IT will be the fuel for friday profit takers.
Again look at that picture closelly.
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  • #363,262
  • Feb 13, 2014 9:16am Feb 13, 2014 9:16am
a cup of reality
  • #363,263
  • Feb 13, 2014 9:20am Feb 13, 2014 9:20am
go long now 66286 to the middle of the spike 6665 then sell it there
  • #363,264
  • Feb 13, 2014 9:30am Feb 13, 2014 9:30am
6630 is proving real nut to crack but it will gave away.
for Bears we need price to go under NY close 6598 that would establish bias on Bear side.

Clean simple indicator to set on your chart for day close to me is NY
adjustable for zones.
simple visual cue.
Attached Image (click to enlarge)
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Attached File(s)
File Type: ex4 daily_open_line.ex4   2 KB | 233 downloads
In trading, you have to be defensive and aggressive at the same time
  • #363,265
  • Feb 13, 2014 9:31am Feb 13, 2014 9:31am
Watch GBPNZD. Should take-off from right about here.
  • #363,266
  • Feb 13, 2014 9:32am Feb 13, 2014 9:32am
Quoting Davit
6630 is proving real nut to crack but it will gave away. for Bears we need price to go under NY close 6598 that would establish bias on Bear side.
Keep dreaming.
  • #363,267
  • Feb 13, 2014 9:34am Feb 13, 2014 9:34am
Quoting Davit
6630 is proving real nut to crack but it will gave away. for Bears we need price to go under NY close 6598 that would establish bias on Bear side.
4 hours candle hammers works. I mean when u see the hammer creation thats the way the price starts overturning. The longer the handle of the hammer the stronger the movement will be. On the weeklly chart previuos week is big hammer with long handle. And here we go up all week.
  • #363,268
  • Feb 13, 2014 9:39am Feb 13, 2014 9:39am
Theory of the hammer by me
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  • #363,269
  • Feb 13, 2014 9:42am Feb 13, 2014 9:42am
Quoting Trader88q
Theory of the hammer by me {image}
thats funny the last candle on your chart is a hammer UPSIDE DOWN

theory of the hammer huh
  • #363,270
  • Feb 13, 2014 9:46am Feb 13, 2014 9:46am
Quoting Pipocrates
{quote} thats funny the last candle on your chart is a hammer UPSIDE DOWN theory of the hammer huh
yes but dont use that on your live account without my assistance
  • #363,271
  • Feb 13, 2014 9:49am Feb 13, 2014 9:49am
Quoting Davit
Moved SL 6647 for 6650 shorts I kind of feel ok.Even with 1.65 I'll be in decent profit but aiming lower My DD never went above 15% of account
You are fine! Dont listen to anyone, even if your broker called you up, would you listen to them? I hope not!

The short play is a longer term move so it will take TIME. I got $75 a pip on this short
All posts are my personal opinion
  • #363,272
  • Feb 13, 2014 9:52am Feb 13, 2014 9:52am
Quoting Rtm
{quote} You are fine! Dont listen to anyone, even if your broker called you up, would you listen to them? I hope not! The short play is a longer term move so it will take TIME. I got $75 a pip on this short
This
  • #363,273
  • Feb 13, 2014 9:54am Feb 13, 2014 9:54am
Quoting Pipocrates
{quote} This
?
All posts are my personal opinion
  • #363,274
  • Feb 13, 2014 9:54am Feb 13, 2014 9:54am
Quoting Pipocrates
{quote} This
On demo? If not, your account must be huge.
Fix up, trade sharp ...
  • #363,275
  • Feb 13, 2014 9:56am Feb 13, 2014 9:56am
Price trying to break...somewhere...
It's high,I supose down...
  • #363,276
  • Feb 13, 2014 9:57am Feb 13, 2014 9:57am
Quoting Zappa
Watch GBPNZD. Should take-off from right about here.
Yeah mate this is a really good level it on here, Assuming you mean to the long side?
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All posts are my personal opinion
  • #363,277
  • Feb 13, 2014 10:01am Feb 13, 2014 10:01am
It's strong resistance at 1.6665
Support is way down about 1.6545
Just thinking...
  • #363,278
  • Feb 13, 2014 10:04am Feb 13, 2014 10:04am
Quoting Beli
It's strong resistance at 1.665 Support is way down about 1.6545 Just thinking...
Lots of support everywhere, the real support was 6250
All posts are my personal opinion
  • #363,279
  • Feb 13, 2014 10:08am Feb 13, 2014 10:08am
Quoting Rtm
{quote} Lots of support everywhere, the real support was 6250

Yes...we have more supports and here close where price trying to break,I just say it's real strong support at this point
  • #363,280
  • Feb 13, 2014 10:42am Feb 13, 2014 10:42am
Dont need indicators,calculators and formulas to see where price breaking....
btw lots of space below rectangle...
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