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Cable Update (GBPUSD)

  • #370,921
  • Apr 8, 2014 4:11am Apr 8, 2014 4:11am
Quoting dendy
{quote} already closed +38 bro
watch for consolidation mate.. i'm thinking around yesterday high, but since this is GJ, if there's a move to the downside, normally we won't get the highest price (the first attempt)

so, i'm thinking to see price to breakout the last consolidation in 1h at about 171.20 and will enter on the pullback..

at least that's my plan..
  • #370,922
  • Apr 8, 2014 4:12am Apr 8, 2014 4:12am
Quoting ruffryders
{quote} that's a pretty funny post boss!
Looking to short at 1.675 to 1.68 area instead...
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2014-04-08 at 5.08.28 pm.png Size: 150 KB
  • #370,923
  • Apr 8, 2014 4:13am Apr 8, 2014 4:13am
Quoting ruffryders
{quote} agreed. this space ship is enroute for 7000.

As Nav said long time a go do not f**k with a pound. love it

http://www.forexfactory.com/attachme...1&d=1330515070
If skills could be acquired by watching, every dog would be a butcher. Turk
  • #370,924
  • Apr 8, 2014 4:16am Apr 8, 2014 4:16am
Quoting CadenC
{quote} Looking to short at 1.675 to 1.68 area instead... {image}
sorry, with that kind of H4 tall green candle, I can't see any other strat on GU aside from buying into possible dip to 6660-80 area.

that's what you would do normally. but currently prefer to stay out.
  • #370,925
  • Apr 8, 2014 4:17am Apr 8, 2014 4:17am
Quoting Zircon
{quote} As Nav said long time a go do not f**k with a pound. love it {image}
nice work of art.

can't agree more bro.
  • #370,926
  • Apr 8, 2014 4:18am Apr 8, 2014 4:18am
Quoting ruffryders
{quote} nice work of art. can't agree more bro.
If skills could be acquired by watching, every dog would be a butcher. Turk
  • #370,927
  • Apr 8, 2014 4:30am Apr 8, 2014 4:30am
Quoting A-speculator
{quote} watch for consolidation mate.. i'm thinking around yesterday high, but since this is GJ, if there's a move to the downside, normally we won't get the highest price (the first attempt) so, i'm thinking to see price to breakout the last consolidation in 1h at about 171.20 and will enter on the pullback.. at least that's my plan..
Attached Image (click to enlarge)
Click to Enlarge Name: gj.png Size: 101 KB
little inside bar the if it breaks the tls i think it could go long
  • #370,928
  • Apr 8, 2014 4:34am Apr 8, 2014 4:34am
Quoting elbert3
{quote} {image} little inside bar the if it breaks the tls i think it could go long
i'm not sure to go bullish is the perfect setup atm.. as you can see, UJ is anything but bullish.

and the fundamental data for GBP is over, trend might continue its track..
  • #370,929
  • Apr 8, 2014 4:38am Apr 8, 2014 4:38am
guys check the kiwi out. I surely hope that bears brought their poop bags with them.
Attached Image (click to enlarge)
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  • #370,930
  • Apr 8, 2014 4:40am Apr 8, 2014 4:40am
Almost time to jump out....the plane is hitting the atmosphere...
A word to the wise ain't necessary - it's the stupid ones that need advice
  • #370,931
  • Apr 8, 2014 4:43am Apr 8, 2014 4:43am
Quoting ruffryders
guys check the kiwi out. I surely hope that bears brought their poop bags with them. {image}
do anybody here short kiwi? oh my.. why on earth should someone short kiwi or aussie.. doesn't seems bearish..

i think i've given my take on this yesterday, if i'm not mistaken..
  • #370,932
  • Apr 8, 2014 4:43am Apr 8, 2014 4:43am
Quoting A-speculator
{quote} do anybody here short kiwi? oh my.. why on earth should someone short kiwi or aussie.. doesn't seems bearish.. i think i've given my take on this yesterday, if i'm not mistaken..
some fellas did, but haven't seen them in a while now.
  • #370,933
  • Apr 8, 2014 4:46am Apr 8, 2014 4:46am
Crikey, don't fk with the Pound huh?

Just grin and bear it bears, patience, patience, our time will come
Come with me if you want to live....
  • #370,934
  • Apr 8, 2014 4:46am Apr 8, 2014 4:46am
Quoting ruffryders
{quote} some fellas did, but haven't seen them in a while now.
i hope they have SL for the trade(s)..
  • #370,935
  • Apr 8, 2014 4:48am Apr 8, 2014 4:48am
oh well, missed the train and nothing to do atm.. accept waiting for GJ..

i think i might get some shower... lol.

see u all in few hours time. bye.
  • #370,936
  • Apr 8, 2014 4:50am Apr 8, 2014 4:50am
Quoting A-speculator
{quote} do anybody here short kiwi? oh my.. why on earth should someone short kiwi or aussie.. doesn't seems bearish.. i think i've given my take on this yesterday, if i'm not mistaken..
Attached Image (click to enlarge)
Click to Enlarge Name: au.png Size: 123 KB
i have been watching it, it looks like a big w, forming, it has broke to the upside , but see where the fib is
  • #370,937
  • Apr 8, 2014 4:50am Apr 8, 2014 4:50am
Quoting Ill-b-back
Crikey, don't fk with the Pound huh? Just grin and bear it bears, patience, patience, our time will come
might take some time now. above WP/MP/QP and broke the downwards sloping line acting as TL previously.

the only thing left to do is - buy dips or stand aside.

weekly close would be interesting still.
  • #370,938
  • Apr 8, 2014 4:52am Apr 8, 2014 4:52am
any body got a close time for this 4 hour candle ?
  • #370,939
  • Apr 8, 2014 4:53am Apr 8, 2014 4:53am
wtf GBP up 102 pips today on slightly better but volatile data. NZD and AUD up 70 & 80 pips. Looks like drama is done for the day or is it? Can GBP go up 200 pips on 1% IIP.
  • #370,940
  • Apr 8, 2014 4:55am Apr 8, 2014 4:55am
sold @1.6706. if gbp goes to 6800 today I will quit forex. lol
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