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Cable Update (GBPUSD)

  • #367,941
  • Mar 11, 2014 9:28am Mar 11, 2014 9:28am
Quoting hadox
{quote} some small bulls at 1.661x atm , but they gotta crack 1.663x - bulls might wanna test the bears at 1.674x.. lets see..
That's a strong possibility....i have an eye on 1.672x/3x actually

I'd like another test of the downside first though
COT: The precious data ignored
  • #367,942
  • Mar 11, 2014 9:31am Mar 11, 2014 9:31am
Quoting hadox
{quote} some small bulls at 1.661x atm , but they gotta crack 1.663x - bulls might wanna test the bears at 1.674x.. lets see..
that depends on where the euro stays. if it crosses 1.39 then the levels you are talking may come. euro is huge bullish and tht is why it will be difficult for gbp to rally
  • #367,943
  • Mar 11, 2014 9:32am Mar 11, 2014 9:32am
Quoting kuroro001
{quote} That's a strong possibility....i have an eye on 1.672x/3x actually I'd like another test of the downside first though
yes, that's what I think too.. as long as the range keeps holding, nothing else to do than play the edges IMO..
Patience is a virtue...
  • #367,944
  • Mar 11, 2014 9:38am Mar 11, 2014 9:38am
Quoting giveachance
{quote} that depends on where the euro stays. if it crosses 1.39 then the levels you are talking may come. euro is huge bullish and tht is why it will be difficult for gbp to rally
maybe.. anyway, lets see what happens at 1.663x first..
Patience is a virtue...
  • #367,945
  • Mar 11, 2014 9:42am Mar 11, 2014 9:42am
Quoting kuroro001
{quote} That's a strong possibility....i have an eye on 1.672x/3x actually I'd like another test of the downside first though
Same here. Prfer seeing 6580 area first. longs from there have decent RR to at least the top side of range.
  • #367,946
  • Mar 11, 2014 9:43am Mar 11, 2014 9:43am
Quoting giveachance
{quote} I am. I still think we head down. the next fall will not get support. so last chance for bulls. take it or leave it.
Damn right.
  • #367,947
  • Mar 11, 2014 9:50am Mar 11, 2014 9:50am
Quoting hadox
{quote} some small bulls at 1.661x atm , but they gotta crack 1.663x - bulls might wanna test the bears at 1.674x.. lets see..
Im with you
Shit Happens
  • #367,948
  • Mar 11, 2014 9:56am Mar 11, 2014 9:56am
Quoting edindzeko
{quote} Same here. Prfer seeing 6580 area first. longs from there have decent RR to at least the top side of range.
wow some more bulls like you are needed to kick start the fall. can you get on board some one like you

  • #367,949
  • Mar 11, 2014 9:58am Mar 11, 2014 9:58am
Quoting edindzeko
{quote} Same here. Prfer seeing 6580 area first. longs from there have decent RR to at least the top side of range.
Want to see if the sellers can crack the lows...for a deeper move.
I got 1.672x/3x and 1.643x/6x.

I'd prefer the top first for a big sell....if only i could choose!
COT: The precious data ignored
  • #367,950
  • Mar 11, 2014 10:01am Mar 11, 2014 10:01am
if today it closes bullish, thiss week will go bullish,

London today closes bulish
kiss the trend
  • #367,951
  • Mar 11, 2014 10:06am Mar 11, 2014 10:06am
loaded long 6624 sl 6620 big lot, off a false move down on the 15 min, should get 20 pips at least
  • #367,952
  • Mar 11, 2014 10:07am Mar 11, 2014 10:07am
Quoting elbert3
loaded long 6624 sl 6620 big lot, off a false move down on the 15 min, should get 20 pips at least
Attached Image (click to enlarge)
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  • #367,953
  • Mar 11, 2014 10:08am Mar 11, 2014 10:08am
Quoting Kajos2250
GU H4 GMT+3 Lets see can this bullish pin at support wake up the bulls to reach the next mid resistance ~6762 or major resistance~6853 ?! Buy limit 6639. First target and BE at WPP ~6711. Invalidation if price could close under ~6658. Good luck! {image}
Buy limit triggered .6339 now i am on bulls side...
Anything is math!
  • #367,954
  • Mar 11, 2014 10:12am Mar 11, 2014 10:12am
Quoting elbert3
loaded long 6624 sl 6620 big lot, off a false move down on the 15 min, should get 20 pips at least
90% off at 6644 10% run on sl 6635
  • #367,955
  • Mar 11, 2014 10:13am Mar 11, 2014 10:13am
Quoting Kajos2250
{quote} Buy limit triggered .6339 now i am on bulls side...
I'm thinking of selling your buy..for a move back to 1.660x
COT: The precious data ignored
  • #367,956
  • Mar 11, 2014 10:14am Mar 11, 2014 10:14am
if it makes day close above 6650 would be very strong bullish signal for tomorrow
kiss the trend
  • #367,957
  • Mar 11, 2014 10:17am Mar 11, 2014 10:17am
Quoting fx-trader777
if it makes day close above 6650 would be very strong bullish signal for tomorrow
1.6650 is what my system is showing as well. but there is no data to move it for next 2 days. on the contrary if european data is bad it will take gbp down along with the euro
  • #367,958
  • Mar 11, 2014 10:17am Mar 11, 2014 10:17am
Quoting kuroro001
{quote} I'm thinking of selling your buy..for a move back to 1.660x
  • #367,959
  • Mar 11, 2014 10:19am Mar 11, 2014 10:19am
Quoting kuroro001
{quote} I'm thinking of selling your buy..for a move back to 1.660x
OK, let's change
Anything is math!
  • #367,960
  • Mar 11, 2014 10:21am Mar 11, 2014 10:21am
Quoting fx-trader777
if it makes day close above 6650 would be very strong bullish signal for tomorrow
Attached Image (click to enlarge)
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it should take out 6654
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