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Cable Update (GBPUSD)

  • #365,761
  • Feb 25, 2014 2:02am Feb 25, 2014 2:02am
Quoting erdogac
gbp will test 1.6770 at least today, I hope {image}
interesting.should 1.677X be the highest today ?let's see
no other killers to me but emotion
  • #365,762
  • Feb 25, 2014 2:06am Feb 25, 2014 2:06am
Quoting wiseambition
{quote} Why shouldnt it try 1.682? That was a height seen only 8 days back
I doubt on it as the bull steam is running out; not like what we see 10 days ago.

Market seems go nowhere after a long bull and few bear correction.

I bias on range trading for two days then see which way GU can break
  • #365,763
  • Feb 25, 2014 2:10am Feb 25, 2014 2:10am
all signs heading north again...
hope it's not a rocket jump :L
  • #365,764
  • Feb 25, 2014 2:38am Feb 25, 2014 2:38am
I'm rather surprised at the inactivity from London and Frankie
  • #365,765
  • Feb 25, 2014 2:48am Feb 25, 2014 2:48am
Quoting cheater
I'm rather surprised at the inactivity from London and Frankie
Bored?
Try this

Attached Image (click to enlarge)
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Be water, my friend
  • #365,766
  • Feb 25, 2014 2:52am Feb 25, 2014 2:52am
Target for the moment is 1.677x, with up and down for scalpers of course!
COT: The precious data ignored
  • #365,767
  • Feb 25, 2014 3:06am Feb 25, 2014 3:06am
maybe some stops to trigger our way there before the bigger drop..

(forexlive)
Currently 1.6673 with Vodafone demand/talk still looming large but plenty of good offers too. Range bound. Repeat after me, ” sell high, buy low”. Large option expiry for GBP 500 mln today at 1.6650 which may act as a magnet closer to the time and provide some support but not over huge by cable liquidity standards.
Sellers 1.6685 1.6700 (stops above) 1.6720 ( stops above) 1.6740 1.6750 (stops above) 1.6775 1.6785 1.6800 1.6825
Buyers 1.6640 1.6625 1.6610 1.6600 1.6580 (stops below) 1.6565 1.6550 (stops below)
  • #365,768
  • Feb 25, 2014 3:07am Feb 25, 2014 3:07am
if you check your fibs on the big moves they have been taken to 78% i have a sell order 6685 and one 6650 to catch the fall ??? target 6530
  • #365,769
  • Feb 25, 2014 3:10am Feb 25, 2014 3:10am
Hello Thread Readers,

38.2% 5853-6823 holds at yesterday's low....shaken out some weak hands ?...move up from there with downward trend line coming up. 50% of 6823-6583 drop is at 6703 just above it. Forexlive.com talking big offers at 6685-6700.

113 pips is biggest pullback so far in this move down from 6823...this one is at 100......will the selling start again or is this the rally / recovery of daily and weekly uptrends up to 6823 and above ?

Best Wishes
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it's all gone a bit........
  • #365,770
  • Feb 25, 2014 3:29am Feb 25, 2014 3:29am
waiting to take off this planet or sink to the marina trench ...... too much drama
Everything you want lies on the other side of fear.
  • #365,771
  • Feb 25, 2014 3:34am Feb 25, 2014 3:34am
waiting to take off this planet or sink to the marina trench ...... too much drama


Mariana Trench
Gamma Currency Trader
  • #365,772
  • Feb 25, 2014 3:45am Feb 25, 2014 3:45am
Quoting chazzle
610 to hold with 690 in sight imo. It's a mess, I know
almost
  • #365,773
  • Feb 25, 2014 3:51am Feb 25, 2014 3:51am
it should go down first
Attached Image (click to enlarge)
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  • #365,774
  • Feb 25, 2014 3:58am Feb 25, 2014 3:58am
Quoting spocktrader
{quote} Bored? Try this {image}
nice i just done that the past hour and am still bored
  • #365,775
  • Feb 25, 2014 4:01am Feb 25, 2014 4:01am
Okay good boy, make it to the top now
COT: The precious data ignored
  • #365,776
  • Feb 25, 2014 4:03am Feb 25, 2014 4:03am
Argh...stopped out of shorts 1.6700. Will wait for 1.66 to break. this is getting old.
Twitter: @TrendersGame
  • #365,777
  • Feb 25, 2014 4:03am Feb 25, 2014 4:03am
Quoting cheater
{quote} nice i just done that the past hour and am still bored
Now you can return to your chart. Fun has just started
Be water, my friend
  • #365,778
  • Feb 25, 2014 4:08am Feb 25, 2014 4:08am
Quoting spocktrader
{quote} Now you can return to your chart. Fun has just started
woohoo fun started...time to rock
  • #365,779
  • Feb 25, 2014 4:11am Feb 25, 2014 4:11am
Quoting Citiboy
Argh...stopped out of shorts 1.6700. Will wait for 1.66 to break. this is getting old.
me too first trade of the week should of had sl 6755, but it might be a blessing, big 3 fig loss on first trade not good, the nervous have now took hold
  • #365,780
  • Feb 25, 2014 4:14am Feb 25, 2014 4:14am
Quoting gamma10ten
waiting to take off this planet or sink to the marina trench ...... too much drama Mariana Trench

Missed an "A". I am not doing so well in Forex
Everything you want lies on the other side of fear.
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