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Cable Update (GBPUSD)

  • #367,601
  • Mar 9, 2014 12:33am Mar 9, 2014 12:33am
Quoting 45Condor
Cable_My five charts’ worth_090414 I’ve kept that yellow horizontal line on my chart as it does seem to be acting as a magnet at present. Regarding PA, well, somebody seems not to want to let it go too far north, and so one gets the feeling that perhaps big money is preparing for some event that we are yet to learn of. Yes, the longer-term charts do seem to suggest an uptrend – confirmed somewhat by the Guppy profiles - but still, this trader ‘feels’ that there is something in the offing. Monthly {image} Weekly {image} Daily {image} 4 hour {image}...
Nice charts Condor, I'm thinking similar with my shorts.
Please, tell me it's not April though, as I have unfinished Uni assignments due in March
Come with me if you want to live....
  • #367,602
  • Mar 9, 2014 1:56am Mar 9, 2014 1:56am
Quoting Ill-b-back
{quote} Nice charts Condor, I'm thinking similar with my shorts. Please, tell me it's not April though, as I have unfinished Uni assignments due in March

Learning - at our age - yeah, it's painful. Currently deciding if I am prepared to go through the hell of improving my French with something a little more officially-recognised than banter down at the stables.


Regarding forex... I would not be surprised to see PA dance around for the next month or so in the lead up to the European elections. Yes, I accept that it may be some way off, but with things the way that they are at the moment here in this land of false utopia, I'm not sure if some form of coordinated manipulation is occurring, in order to sway the publics away from nationalism.


Anyway, hope the exams go okay. It can't be easy with a young family.
Author of: For Pip's Sake! (Available at Amazon... :-) )
  • #367,603
  • Mar 9, 2014 8:44am Mar 9, 2014 8:44am
with this ranging market it still haven't broken out either way
  • #367,604
  • Mar 9, 2014 1:36pm Mar 9, 2014 1:36pm
Attached Image (click to enlarge)
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The last equation, could change your trading world..
  • #367,605
  • Mar 9, 2014 2:21pm Mar 9, 2014 2:21pm
Jimmy - You left out Fudd's First Law of Thermodynamics: "If you push something hard enough...it will fall over".
Writer, currency trader, madman
  • #367,606
  • Mar 9, 2014 2:26pm Mar 9, 2014 2:26pm
The GBPUSD is currently trading in a very narrow sideways range in dead center of the channel.

There simply is no trade here either way. There is no edge. Price is flat. I will wait for price to trade toward support before looking for buy side entries.

Inserted Video
  • #367,607
  • Mar 9, 2014 3:12pm Mar 9, 2014 3:12pm
Quoting JCL's-Forex
The GBPUSD is currently trading in a very narrow sideways range in dead center of the channel. There simply is no trade here either way. There is no edge. Price is flat. I will wait for price to trade toward support before looking for buy side entries. http://www.youtube.com/watch?v=yVnymOlCyr4
i agree. hard to predict a market like this
  • #367,608
  • Mar 9, 2014 3:17pm Mar 9, 2014 3:17pm
Quoting tikku
{quote} Hi InsiderFX. Could u paste your indicators please? =)
Sure, send me a MP and i'll share them with you.
  • #367,609
  • Mar 9, 2014 5:58pm Mar 9, 2014 5:58pm
What about Murphy's Law? Shit happens
Shit Happens
  • #367,610
  • Mar 10, 2014 12:31am Mar 10, 2014 12:31am
I see some resistance here at 6737/46, but we have been testing it now, so I will pass on shorts here, and wait for a break of 6705, then look for a bounce to short. Dont have a plan/scenerio for longs right now...
Look Sharp/Trade Tight
  • #367,611
  • Mar 10, 2014 1:03am Mar 10, 2014 1:03am
Quoting PayTheLimit
and wait for a break of 6705, then look for a bounce to short.....
sell some at 6730, risk 6740...
Look Sharp/Trade Tight
  • #367,612
  • Mar 10, 2014 1:07am Mar 10, 2014 1:07am
Quoting PayTheLimit
{quote} sell some at 6730, risk 6740...
good call managed to catch from 6720
Loosening is not an option
  • #367,613
  • Mar 10, 2014 1:09am Mar 10, 2014 1:09am
Quoting Vilkas
{quote} good call managed to catch from 6720

nice, I, however, didnt not...my last post are my current pending orders...

where you playing for?
Look Sharp/Trade Tight
  • #367,614
  • Mar 10, 2014 1:13am Mar 10, 2014 1:13am
Quoting PayTheLimit
{quote} nice, I, however, didnt not...my last post are my current pending orders... where you playing for?
for a starter I am looking for this crazy number 1.666 then 6655 and my last place is 6636
Loosening is not an option
  • #367,615
  • Mar 10, 2014 1:16am Mar 10, 2014 1:16am
Hell thread readers

Bears have London open move so far but ?

Best Wishes
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it's all gone a bit........
  • #367,616
  • Mar 10, 2014 1:16am Mar 10, 2014 1:16am
Quoting Vilkas
{quote} for a starter I am looking for this crazy number 1.666 then 6655 and my last place is 6636
got it, I like 6670 myself down there...good luck
Look Sharp/Trade Tight
  • #367,617
  • Mar 10, 2014 1:18am Mar 10, 2014 1:18am
I for one do like a good drop...
Come with me if you want to live....
  • #367,618
  • Mar 10, 2014 1:20am Mar 10, 2014 1:20am
Quoting 45Condor
{quote} Learning - at our age - yeah, it's painful. Currently deciding if I am prepared to go through the hell of improving my French with something a little more officially-recognised than banter down at the stables. Regarding forex... I would not be surprised to see PA dance around for the next month or so in the lead up to the European elections. Yes, I accept that it may be some way off, but with things the way that they are at the moment here in this land of false utopia, I'm not sure if some form of coordinated manipulation is occurring, in...
Thx Condor, an understanding wife on maternity leave helps
I just got a bit concerned by the April number on the dates in your posts.
Thought the world had gone by without me, along with my pass mark.
Come with me if you want to live....
  • #367,619
  • Mar 10, 2014 1:22am Mar 10, 2014 1:22am
Quoting PayTheLimit
{quote} got it, I like 6670 myself down there...good luck

looking good thumbs up
Loosening is not an option
  • #367,620
  • Mar 10, 2014 1:42am Mar 10, 2014 1:42am
My technical analysis - daily

RSI(14) 56.016 - Buy
STOCH(9,6)57.031 - Buy
STOCHRSI(14) 4.670 - Oversold
MACD(12,26) 0.003 - Buy
ADX(14) 36.734 - Neutral
Williams %R -43.069 - Buy
CCI(14) 39.9790 - Neutral
ATR(14) 0.0071 - Less Volatility
Ultimate Oscillator 43.570 - Sell
ROC 0.506 - Buy
Bull/Bear Power(13) 0.0026 - Buy

Overall view - BUY
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