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Cable Update (GBPUSD)

  • #367,621
  • Mar 10, 2014 1:44am Mar 10, 2014 1:44am
Quoting PayTheLimit
{quote} got it, I like 6670 myself down there...good luck
I don't think it will stop at 1.6670 and rebound. draghi and positive news from euro have hedge funds change the minds and euro may soon be seen as reserve currency.
  • #367,622
  • Mar 10, 2014 1:45am Mar 10, 2014 1:45am
Quoting Ill-b-back
I for one do like a good drop...
did catch 33 pips on that run down. short again at 99
  • #367,623
  • Mar 10, 2014 1:50am Mar 10, 2014 1:50am
For daily trade, I will wait and see if it can be a V shape.
  • #367,624
  • Mar 10, 2014 2:00am Mar 10, 2014 2:00am
1HR pinbar close follows 30min same...so buying pressure up off that 50% fib / t/line / Daily S1 pivot in this moment ? or more down ?

Best wishes
it's all gone a bit........
  • #367,625
  • Mar 10, 2014 2:02am Mar 10, 2014 2:02am
Quoting giveachance
{quote} I don't think it will stop at 1.6670 and rebound. draghi and positive news from euro have hedge funds change the minds and euro may soon be seen as reserve currency.
well I would be using that number to cover shorts...if/when I get a chance...
Look Sharp/Trade Tight
  • #367,626
  • Mar 10, 2014 2:04am Mar 10, 2014 2:04am
Quoting PayTheLimit
{quote} well I would be using that number to cover shorts...if/when I get a chance...
my charts say it goes to 1.6620 and below
  • #367,627
  • Mar 10, 2014 2:05am Mar 10, 2014 2:05am
check what happened in 5 mins. positive euro data and gbp tanks. this is likely to continue more
  • #367,628
  • Mar 10, 2014 2:14am Mar 10, 2014 2:14am
Quoting Ill-b-back
{quote} 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.

Oops...


That's the problem with the arrival of Spring here in France; one loses track of time. Especially so when accompanied, upon this journey to more clement days ahead, with a glass of Corsican rose to welcome in the change in season, and the thermometer hitting the low 20s - that's Celsius, for the non-International System of Unit users out there (cue to the battle to argue that it is centigrade, or for others, to turn red in the face as they explain that it is relative to kelvin, and should be stated as a fraction - 1/273.16 - of the thermodynamic temperature of the triple point of water.) Sheesh...
Author of: For Pip's Sake! (Available at Amazon... :-) )
  • #367,629
  • Mar 10, 2014 2:14am Mar 10, 2014 2:14am
Quoting giveachance
{quote} my charts say it goes to 1.6620 and below

yea, I can see it...but I'd like to get short somewhere...perhaps 6700/05 might be a spot now....I'm considering it right now..
Look Sharp/Trade Tight
  • #367,630
  • Mar 10, 2014 2:22am Mar 10, 2014 2:22am
morning been watching for the last 20 min i have a long at 6705, but i am trying long again off support 6675 sl for both 6617 for a rr to 16806
  • #367,631
  • Mar 10, 2014 2:23am Mar 10, 2014 2:23am
buy 685 sl 648
With a good book and quality paper you can fine wipe your ass.
  • #367,632
  • Mar 10, 2014 2:25am Mar 10, 2014 2:25am
Quoting elbert3
morning been watching for the last 20 min i have a long at 6705, but i am trying long again off support 6675 sl for both 6617 for a rr to 16806
Attached Image (click to enlarge)
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after looking again sl to manage a break of the tl will take it to 6580 ,,200sma
  • #367,633
  • Mar 10, 2014 2:29am Mar 10, 2014 2:29am
good morning!
With a good book and quality paper you can fine wipe your ass.
  • #367,634
  • Mar 10, 2014 2:35am Mar 10, 2014 2:35am
try some shorts at 6698, risk 6708, try for 6668
Look Sharp/Trade Tight
  • #367,635
  • Mar 10, 2014 2:36am Mar 10, 2014 2:36am
morning


665/75 holds for 710/20 imo
  • #367,636
  • Mar 10, 2014 2:42am Mar 10, 2014 2:42am
Quoting Suffo
buy 685 sl 648
out 669
With a good book and quality paper you can fine wipe your ass.
  • #367,637
  • Mar 10, 2014 2:43am Mar 10, 2014 2:43am
makes sense after Friday's daily candle

best wishes.
it's all gone a bit........
  • #367,638
  • Mar 10, 2014 2:44am Mar 10, 2014 2:44am
sell 668 sl 710
With a good book and quality paper you can fine wipe your ass.
  • #367,639
  • Mar 10, 2014 2:45am Mar 10, 2014 2:45am
Quoting PayTheLimit
try some shorts at 6698, risk 6708, try for 6668
short are holding strong, i expect a big drop
  • #367,640
  • Mar 10, 2014 2:47am Mar 10, 2014 2:47am
Quoting PoundTrader
{quote}short are holding strong, i expect a big drop

thing trades like a sack of hammers mostly...some support here 6660/70, I expect a bounce, but it might not be from here...
Look Sharp/Trade Tight
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