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Cable Update (GBPUSD)

  • #367,081
  • Mar 5, 2014 2:19am Mar 5, 2014 2:19am
fully loaded long tsl hold on ?///
  • #367,082
  • Mar 5, 2014 2:31am Mar 5, 2014 2:31am
Quoting chazzle
{quote} trying this - 690 holds for 630 is what I'm thinking
zoomed out and changed my mind lol
  • #367,083
  • Mar 5, 2014 2:31am Mar 5, 2014 2:31am
Cable retail shorts dropped 65%
Good lot better then 75% week ego.
At 50% we might see serious drop.
In trading, you have to be defensive and aggressive at the same time
  • #367,084
  • Mar 5, 2014 2:32am Mar 5, 2014 2:32am
Quoting PayTheLimit
{quote} which dam? what TF?
This Damn Pound lol...
Daily/weekly TF.

Been a while since the lower pastures have seen any action, need to flood the plains with pips...
Come with me if you want to live....
  • #367,085
  • Mar 5, 2014 2:32am Mar 5, 2014 2:32am
damn that moves.. must be not a good time for scalper....
A handful of patience is worth a bushel of brains
  • #367,086
  • Mar 5, 2014 2:42am Mar 5, 2014 2:42am
Quoting Kimchi
damn that moves.. must be not a good time for scalper....
  • #367,087
  • Mar 5, 2014 2:43am Mar 5, 2014 2:43am
Would like to see this pair hit 6550 today.
  • #367,088
  • Mar 5, 2014 2:56am Mar 5, 2014 2:56am
Quoting squawk
Would like to see this pair hit 6550 today.
would be nice, If none farm is green
funny how its no longer about fibs,TL shapes but damn news and numbers
In trading, you have to be defensive and aggressive at the same time
  • #367,089
  • Mar 5, 2014 2:57am Mar 5, 2014 2:57am
A couple of weeks ago this pair closed above a 6 year high, with a solid close at 1.6762. I would not be looking for shorts here.
Gone to a better place
  • #367,090
  • Mar 5, 2014 2:58am Mar 5, 2014 2:58am
Quoting squawk
Would like to see this pair hit 6550 today.
The price action of the last 3 hours would make me inclined to think it's more likely to go towards 1.6700 first
Anyway prepare for the unexpected, and do what the market wants
  • #367,091
  • Mar 5, 2014 3:03am Mar 5, 2014 3:03am
Quoting Davit
{quote} would be nice, If none farm is green funny how its no longer about fibs,TL shapes but damn news and numbers
Have to wait and see. Range would be around 130 for the day if it doesn't move much higher.
  • #367,092
  • Mar 5, 2014 3:05am Mar 5, 2014 3:05am
Quoting PayTheLimit
gonna take some shorts at 6685, risk 10...
try for 6645 if my sls hold...
Look Sharp/Trade Tight
  • #367,093
  • Mar 5, 2014 3:07am Mar 5, 2014 3:07am
Morning sterling darling,
If M10 valid cross of 6685 then target 7040.

GL
Don't be smart. Be rich.
  • #367,094
  • Mar 5, 2014 3:08am Mar 5, 2014 3:08am
Quoting Ill-b-back
{quote} This Damn Pound lol... Daily/weekly TF. Been a while since the lower pastures have seen any action, need to flood the plains with pips...
if it crosses 1.6720 I will leave trading this pair for a while
  • #367,095
  • Mar 5, 2014 3:09am Mar 5, 2014 3:09am
Quoting maximinus
Morning sterling darling, If M10 valid cross of 6685 then target 7040. GL
quite possible given the bullishness. but a negative number today would mean unemployment rate will either rise or remain stable will not fall
  • #367,096
  • Mar 5, 2014 3:09am Mar 5, 2014 3:09am
Quoting wiseambition
{quote} The price action of the last 3 hours would make me inclined to think it's more likely to go towards 1.6700 first Anyway prepare for the unexpected, and do what the market wants

I agree. But looking for this level to hold. The only problem there is no angle, no sure level on this pair at the moment so it could always keep moving back through. To me it looks like bids are becoming offers around 6700.
  • #367,097
  • Mar 5, 2014 3:09am Mar 5, 2014 3:09am
Quoting PayTheLimit
{quote} try for 6645 if my sls hold...
not...-10
Look Sharp/Trade Tight
  • #367,098
  • Mar 5, 2014 3:11am Mar 5, 2014 3:11am
took a bunch of longs - GF wants to go shopping need some quick cash
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  • #367,099
  • Mar 5, 2014 3:13am Mar 5, 2014 3:13am
Quoting giveachance
{quote} quite possible given the bullishness. but a negative number today would mean unemployment rate will either rise or remain stable will not fall
We still don't have a valid cross, so bears can keep hope. But if get it, I would not like to be short. Any way I don't trade this pair so…I'm just spectator.
Don't be smart. Be rich.
  • #367,100
  • Mar 5, 2014 3:13am Mar 5, 2014 3:13am
I had a strong feeling in the asian session that it is falling but then again this pound proved me wrong
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