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Cable Update (GBPUSD)

  • #368,301
  • Mar 14, 2014 2:58am Mar 14, 2014 2:58am
Quoting PayTheLimit
maybe some resistance at 6619/24 now...
yup
-milkeyway
  • #368,302
  • Mar 14, 2014 3:24am Mar 14, 2014 3:24am
I was short with this reason.

http://www.forexfactory.com/showthre...92#post7340392
-milkeyway
  • #368,303
  • Mar 14, 2014 3:37am Mar 14, 2014 3:37am
yeah, shorting GBP as well from 1.6610 SL 1.6632 TP 1.6575
&
short on AUD

GL.
  • #368,304
  • Mar 14, 2014 3:39am Mar 14, 2014 3:39am
Hello thread readers,

2 x opposing pinbars in last 2 x days on this instrument....price now back in daily range of 6823-6567. Steep fall from yesterday's high making a longer wick on yesterday's PB over Wed's. So, maybe anyone's guess unless you are on the shorter time frames ?

Best Wishes.
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it's all gone a bit........
  • #368,305
  • Mar 14, 2014 3:45am Mar 14, 2014 3:45am
Quoting petetong
Hello thread readers, 2 x opposing pinbars in last 2 x days on this instrument....price now back in daily range of 6823-6567. Steep fall from yesterday's high making a longer wick on yesterday's PB over Wed's. So, maybe anyone's guess unless you are on the shorter time frames ? Best Wishes. {image}
GBPUSD couldnt quite clear our minor support at 6595 and is now pushing back up higher looks like it will test 6650 again and maybe thats when our trend continues back up for more? Let us see! GOOD day

Im long
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All posts are my personal opinion
  • #368,306
  • Mar 14, 2014 3:46am Mar 14, 2014 3:46am
shorted again at 6615
-milkeyway
  • #368,307
  • Mar 14, 2014 4:02am Mar 14, 2014 4:02am
GBP/USD
Price not given entry point yesterday, and did not give objective 1.6720. Price is back in the area of ​​the previous accumulation 1.6600-6645. If the price will be able to go below 1.6568, I will consider trend reversal scenario without updating the 1.6800. Therefore, the appearance of large volumes in this range will be taking with a stop 1.6568.

http://ic.pics.livejournal.com/deas8...197693_900.png
  • #368,308
  • Mar 14, 2014 4:08am Mar 14, 2014 4:08am
morning short 6612 hit res a couple of times and failed to go through, all so on a 200sma 5 min chart sl is on the open pp asap on this crazzzzzy pair
  • #368,309
  • Mar 14, 2014 4:08am Mar 14, 2014 4:08am
Quoting Rtm
{quote} GBPUSD couldnt quite clear our minor support at 6595 and is now pushing back up higher looks like it will test 6650 again and maybe thats when our trend continues back up for more? Let us see! GOOD day Im long {image}
am long as well from 1.6605, risk about 1.6550 area depending on the momentum, targeting 1.68 today...
Attached Image
  • #368,310
  • Mar 14, 2014 4:13am Mar 14, 2014 4:13am
Quoting chazzle
GU M15 betting on no reversal here ... {image}
another rejection of yesterday's lows and I might pull it
  • #368,311
  • Mar 14, 2014 4:17am Mar 14, 2014 4:17am
Quoting chazzle
{quote} another rejection of yesterday's lows and I might pull it
closed -10 and reversed for 650 risking the low
  • #368,312
  • Mar 14, 2014 4:24am Mar 14, 2014 4:24am
strong rejection of area toward today's present low.....on the bounce back...fxlive and others reporting offers layered from 6625-50.

Best Wishes.
it's all gone a bit........
  • #368,313
  • Mar 14, 2014 4:25am Mar 14, 2014 4:25am
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nearly got caught false move down sold in profit , just about and long 66100 but where did that spike come into it ???
  • #368,314
  • Mar 14, 2014 4:30am Mar 14, 2014 4:30am
monday morning i am going to sit at the pc flip a coin and take what ever trade and put a sl on the open and see how far you get,because it seems all the trades on this pair is 50/50
  • #368,315
  • Mar 14, 2014 4:35am Mar 14, 2014 4:35am
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market manipulation ,, take the little traders out
  • #368,316
  • Mar 14, 2014 4:37am Mar 14, 2014 4:37am
Quoting elbert3
monday morning i am going to sit at the pc flip a coin and take what ever trade and put a sl on the open and see how far you get,because it seems all the trades on this pair is 50/50
Totally totally agree one believes right or wrong that that with the advent of computer trading the courage of taking more pips is logical, hence you sell on a candle then buy back on the same candle then sell again and then again.. which ofcourse makes no sense to non pro's such as we are.. shame but i see this as a lottery and although new i did 3 years ago try trading and can see the difference big time now. shame heads or tails i guess
  • #368,317
  • Mar 14, 2014 4:37am Mar 14, 2014 4:37am
Quoting elbert3
{image} market manipulation ,, take the little traders out
Do you mean Gbp go down
  • #368,318
  • Mar 14, 2014 4:40am Mar 14, 2014 4:40am
Quoting samooh
{quote} Do you mean Gbp go down
if any of knew that sir we would not be sitting here pulling our hair out ,,,what ever is left, respectfully ,
  • #368,319
  • Mar 14, 2014 4:41am Mar 14, 2014 4:41am
The report on trade balance really way away from the expectation..
  • #368,320
  • Mar 14, 2014 4:50am Mar 14, 2014 4:50am
agree to some extent...but look at this morning so far....made a low at the rising 4hr trend line then reported supply 6625-50 kicked in and it re-tested area of present daily lo-rose then again reported supply kicked in...so not really a mystery ?

Best Wishes.

Quoting elbert3
monday morning i am going to sit at the pc flip a coin and take what ever trade and put a sl on the open and see how far you get,because it seems all the trades on this pair is 50/50
it's all gone a bit........
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