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Cable Update (GBPUSD)

  • #370,861
  • Apr 8, 2014 12:34am Apr 8, 2014 12:34am
I think GU will go up to complete ABCD pattern. but bfore tht gu need morre power., if not, well., my SL waiting there

sorry for my bad english
Attached Image (click to enlarge)
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Timing
  • #370,862
  • Apr 8, 2014 12:38am Apr 8, 2014 12:38am
Quoting iqyu5an
{quote} to me ......u just draw trigger line ( lower line of your channel ) for bearish dragon / bearish Bat Action Magnet Move ( BAMM ). but let see... and time will tell. waiting also here
yups that's the idea..

i think price is just retesting the breakout support turned resistance.
  • #370,863
  • Apr 8, 2014 12:42am Apr 8, 2014 12:42am
Quoting A-speculator
{quote} wait for it bro.. perhaps during london.. in about 3++ hours..
Attached Image (click to enlarge)
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Morning, not much has changed over night i am the same as you got in right on the fib,, but it did go over, 78% should put us on the tl,,, so we would have 1 tl,,,2 fib number ,,,3 200sma ,,any thing bar gbus you would be big lot short, gl today regards E
  • #370,864
  • Apr 8, 2014 12:46am Apr 8, 2014 12:46am
Quoting dendy
I think GU will go up to complete ABCD pattern. but bfore tht gu need morre power., if not, well., my SL waiting there sorry for my bad english {image}
my sign for today is the attachment number on your chart is 1305, i am loading gold long on that number,,,sorry just a silly thing , we have to look for signs in life ???
  • #370,865
  • Apr 8, 2014 12:59am Apr 8, 2014 12:59am
Inserted Video



Let's watch something funny before NIESR GDP release. ​
I want to be rich.
  • #370,866
  • Apr 8, 2014 1:05am Apr 8, 2014 1:05am
Quoting elbert3
{quote} {image} Morning, not much has changed over night i am the same as you got in right on the fib,, but it did go over, 78% should put us on the tl,,, so we would have 1 tl,,,2 fib number ,,,3 200sma ,,any thing bar gbus you would be big lot short, gl today regards E
there's always reasons in price reaction.. and there's reason why it consolidated at about 6620.. perhaps there is a resistance and no demand in buying to push price higher and market indecision as price reach there..

so what's all this tells us? i think it tells us an appropriate price to short.
  • #370,867
  • Apr 8, 2014 1:44am Apr 8, 2014 1:44am
No, price is there due to G/J (and also because of flows in E/G keeping it below 0.83). Protecting it from hard fall. When U/J gives in and falls to 102 GU will follow.
  • #370,868
  • Apr 8, 2014 1:51am Apr 8, 2014 1:51am
Quoting sakisf
No, price is there due to G/J (and also because of flows in E/G keeping it below 0.83). Protecting it from hard fall. When U/J gives in and falls to 102 GU will follow.
it's the other way round mate, GJ follows GU..

for the fall in GJ, closely watch UJ movement.. i suspect the fall is in the nearest term..
  • #370,869
  • Apr 8, 2014 1:54am Apr 8, 2014 1:54am
Quoting eurusdthb
http://www.youtube.com/watch?v=rouSGNhxwcQ Let's watch something funny before NIESR GDP release. ​
wwf, smack down lol
  • #370,870
  • Apr 8, 2014 2:00am Apr 8, 2014 2:00am
now that's doesn't look good for bear.. cleared position and sideline.
  • #370,871
  • Apr 8, 2014 2:05am Apr 8, 2014 2:05am
Quoting A-speculator
now that's doesn't look good for bear.. cleared position and sideline.
yes that took me out too have to look 5 min to see if it stays in the tl . see above chart
  • #370,872
  • Apr 8, 2014 2:09am Apr 8, 2014 2:09am
Quoting elbert3
{quote} yes that took me out too have to look 5 min to see if it stays in the tl . see above chart
considering the time i have just put a sell order on the bottom of the 4 hour candle we are on now just in case there is a load of sellers at 6300 if not wait to confirm the break of the tl,,
  • #370,873
  • Apr 8, 2014 2:15am Apr 8, 2014 2:15am
Quoting elbert3
{quote} yes that took me out too have to look 5 min to see if it stays in the tl . see above chart
yups, we'll know later if there's other possible entry for short if any..
  • #370,874
  • Apr 8, 2014 2:17am Apr 8, 2014 2:17am
gone long same sl on manage double my lot
  • #370,875
  • Apr 8, 2014 2:20am Apr 8, 2014 2:20am
Quoting elbert3
gone long same sl on manage double my lot
i could kick myself this morning i did not check the lower times , could still pull back thou 66270
  • #370,876
  • Apr 8, 2014 2:20am Apr 8, 2014 2:20am
seems like better to sell the yens.. lol.
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  • #370,877
  • Apr 8, 2014 2:23am Apr 8, 2014 2:23am
Quoting elbert3
{quote} i could kick myself this morning i did not check the lower times , could still pull back thou 66270
if you look at my chart we should of seen it come off the bottom tl big bull candle retrace doji ?? hindsight we would be loaded ,,, ah , any way lets get positive, back to fridays target for me 6717, i see there are a lot of sell orders 6715
  • #370,878
  • Apr 8, 2014 2:27am Apr 8, 2014 2:27am
Quoting elbert3
{quote} if you look at my chart we should of seen it come off the bottom tl big bull candle retrace doji ?? hindsight we would be loaded ,,, ah , any way lets get positive, back to fridays target for me 6717, i see there are a lot of sell orders 6715
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indi has just popped uk lets see if it works,, dont forget demo, platform, but i play the price i post live ,, dont take notice of the indi, i have seen them fail,
  • #370,879
  • Apr 8, 2014 2:32am Apr 8, 2014 2:32am
http://www.fxstreet.com/news/forex-n...d-a340de68ac21 some reading for you
http://www.fxstreet.com/news/forex-n...d-a340de68ac21
  • #370,880
  • Apr 8, 2014 2:35am Apr 8, 2014 2:35am
Quoting PayTheLimit
gonna try shorts at 6640, risk 6655, try for 6540...

still..
Look Sharp/Trade Tight
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