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Cable Update (GBPUSD)

  • #364,941
  • Feb 20, 2014 2:28am Feb 20, 2014 2:28am
sell 660 sl 671
With a good book and quality paper you can fine wipe your ass.
  • #364,942
  • Feb 20, 2014 2:33am Feb 20, 2014 2:33am
out 649
With a good book and quality paper you can fine wipe your ass.
  • #364,943
  • Feb 20, 2014 2:35am Feb 20, 2014 2:35am
sell 660 sl 684
With a good book and quality paper you can fine wipe your ass.
  • #364,944
  • Feb 20, 2014 2:36am Feb 20, 2014 2:36am
Anyone have any insight on the US data later??
  • #364,945
  • Feb 20, 2014 2:38am Feb 20, 2014 2:38am
out 657
With a good book and quality paper you can fine wipe your ass.
  • #364,946
  • Feb 20, 2014 2:39am Feb 20, 2014 2:39am
Cable


Following on from yesterday's post, I feel that if we can have a candle or two - and I'll take the hourly - that can open up below the yellow horizontal line as shown in the two charts below, I would not be surprised to see PA move towards the 61.8 FE. This assumes that the WP can be broken, and which leaves the path clear for a run down to the MP/61.8 FE confluence - give or take a few pips.


(Yellen's comments yesterday, the increasing bad news out of Europe, Osborne's comments about any UK recovery being shaky, and so on, and so on, and so on...)


Hourly
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Pivots
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Author of: For Pip's Sake! (Available at Amazon... :-) )
  • #364,947
  • Feb 20, 2014 2:45am Feb 20, 2014 2:45am
ohm nom nom yum bulls for breakfast
All posts are my personal opinion
  • #364,948
  • Feb 20, 2014 2:48am Feb 20, 2014 2:48am
sell 661 sl 685
With a good book and quality paper you can fine wipe your ass.
  • #364,949
  • Feb 20, 2014 2:50am Feb 20, 2014 2:50am
Quoting Rtm
ohm nom nom yum bulls for breakfast
some good steak indeed.
  • #364,950
  • Feb 20, 2014 2:52am Feb 20, 2014 2:52am
out 650
With a good book and quality paper you can fine wipe your ass.
  • #364,951
  • Feb 20, 2014 2:57am Feb 20, 2014 2:57am
Quoting Kenjlau
{quote} some good steak indeed.
Im pretty fat in this market so I would like some moar sir!
All posts are my personal opinion
  • #364,952
  • Feb 20, 2014 2:58am Feb 20, 2014 2:58am
Quoting Suffo
out 650
morning again we are trying , lol saved ourselves yesterday afternoon i did not think it would ever drop trying a long 6650
  • #364,953
  • Feb 20, 2014 3:01am Feb 20, 2014 3:01am
GL i would not buy this! be careful
With a good book and quality paper you can fine wipe your ass.
  • #364,954
  • Feb 20, 2014 3:03am Feb 20, 2014 3:03am
Quoting Suffo
GL i would not buy this! be careful
Was going to say that too! Not until at least 6600!
All posts are my personal opinion
  • #364,955
  • Feb 20, 2014 3:12am Feb 20, 2014 3:12am
Margin : 400% lev 1:100
TP Goooo 1.63
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A handful of patience is worth a bushel of brains
  • #364,956
  • Feb 20, 2014 3:16am Feb 20, 2014 3:16am
Quoting Kimchi
Margin : 400% lev 1:100 TP Goooo 1.63 {image}
get your money!!!
  • #364,957
  • Feb 20, 2014 3:20am Feb 20, 2014 3:20am
add long 6644 sl 7 pips below the the low
  • #364,958
  • Feb 20, 2014 3:23am Feb 20, 2014 3:23am
It just good to see all the high impact news with really bad figures and can't push the twins go further below, especially only one medium impact GREEN to withstand 6 RED. Watch out the BULL behind the RED BEAR.
Attached Image
I am not the SMARTEST person in the world, I am the PERSISTENT one.
  • #364,959
  • Feb 20, 2014 3:28am Feb 20, 2014 3:28am
Quoting kimisiow83
It just good to see all the high impact news with really bad figures and can't push the twins go further below, especially only one medium impact GREEN to withstand 6 high impact RED. Watch out the BULL behind the RED BEAR. {image}
500 pips move from PMI's would make You less bulish I gues ?
Mate as far as I see You've got some long positions open, keep You head cool while analysing and don't judge only based on Your open portfolio..

It's not bearish yet on the bigger time frames that's fact but it's likely toping this week, a clear break below 1,665 and 1,66 would mean that we are about to see an move down.
  • #364,960
  • Feb 20, 2014 3:30am Feb 20, 2014 3:30am
GU H1

620s hold bears imo
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