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Cable Update (GBPUSD)

  • #371,021
  • Apr 8, 2014 9:40am Apr 8, 2014 9:40am
Quoting rafikwood
Don't forget Boe in 2 days, cable can reach 1.69 easly so be careful
you don't know that bro, do you?
  • #371,022
  • Apr 8, 2014 9:45am Apr 8, 2014 9:45am
seems like fiber & swissy is playing nicely.. next might be cable..

too early to say on the bearish bias atm..
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: gbpusdh1.png Size: 45 KB
Click to Enlarge Name: usdchfh1.png Size: 50 KB
  • #371,023
  • Apr 8, 2014 9:48am Apr 8, 2014 9:48am
Quoting TauTrader
Good day, Stepped in to salvage the early short. Nett profit result. Now looking for a short retrace or short scalp on the 1hr for some profit. Regards {image}
Closed weaker shorts - keeping one open.Weaker short all closed in profit. Will add if we pass.

1hr scalp.

Regards
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdh1.png Size: 76 KB
  • #371,024
  • Apr 8, 2014 9:48am Apr 8, 2014 9:48am
Quoting Bones
honestly thats not H+S {quote}
Honestly, I've seen weaker reasons to trade
  • #371,025
  • Apr 8, 2014 9:48am Apr 8, 2014 9:48am
Quoting ruffryders
{quote} could work within next 1-2 years.
Now or never

1x short at 1.67112 ( -35 pip now)
1x short at 1.67495 ( +2 pip now)

I will add more short if is going higher
I want to buy PATIENCE
  • #371,026
  • Apr 8, 2014 9:55am Apr 8, 2014 9:55am
let me explain on why at about 6750 price might fail...

this is due to previous resistance are about the price though we still yet to see consolidation to support this view (signify exhaustion about the resistance), but still there is high probability the price could turn around at that price.

this seems to be like counter trend, but if swissy manage to turn uptrend, eventually we will see cable to follow fiber to move down.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdh4.png Size: 56 KB
  • #371,027
  • Apr 8, 2014 9:56am Apr 8, 2014 9:56am
Quoting elbert3
{quote} you read like your giving up on your charts ,, respect ,
And on which other graphics to move?
Just kidding, of course. But surprisingly precise is moving right on these charts, right?
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.gif Size: 60 KB


The last line of defense.
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #371,028
  • Apr 8, 2014 10:03am Apr 8, 2014 10:03am
Quoting godim
{quote} And on which other graphics to move? Just kidding, of course. But surprisingly precise is moving right on these charts, right? {image} The last line of defense.
you know what, if you draw enough lines on your chart.. price will some how get to the lines and it will seems like the price following the lines..

just kidding mate..
  • #371,029
  • Apr 8, 2014 10:05am Apr 8, 2014 10:05am
Good day,

30 min EU chart also indicates a few pips lower. so entered a few positions.Gotta be sharp though - take what's on offer..

Regards
Attached Image (click to enlarge)
Click to Enlarge Name: eurusdm30.png Size: 83 KB
  • #371,030
  • Apr 8, 2014 10:05am Apr 8, 2014 10:05am
Quoting A-speculator
let me explain on why at about 6750 price might fail... this is due to previous resistance are about the price though we still yet to see consolidation to support this view (signify exhaustion about the resistance), but still there is high probability the price could turn around at that price. this seems to be like counter trend, but if swissy manage to turn uptrend, eventually we will see cable to follow fiber to move down. {image}
Maybe the purpose of the bulls is to close the day above 6750? Then you will have plenty of space for UpTrend, without resistance.

Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.gif Size: 63 KB
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #371,031
  • Apr 8, 2014 10:09am Apr 8, 2014 10:09am
Quoting godim
{quote} Maybe the purpose of the bulls is to close the day above 6750? Then you will have plenty of space for UpTrend, without resistance. {image}
by the looks of your chart, maybe they should send you in searching MH370.. lol.

the navigators for the search and resque are useless, why not you volunteer mate? lol.

Just a joke bro..
  • #371,032
  • Apr 8, 2014 10:10am Apr 8, 2014 10:10am
Quoting TauTrader
Good day, 30 min EU chart also indicates a few pips lower. so entered a few positions.Gotta be sharp though - take what's on offer.. Regards {image}
Any move higher on EU ( say a cross of 1.3800) will be nailed hard every 10 pips with increased lots.

just me.. but will be out in a flash.. a scalp afterall

all the best
  • #371,033
  • Apr 8, 2014 10:12am Apr 8, 2014 10:12am
Quoting TauTrader
{quote} Any move higher on EU ( say a cross of 1.3800) will be nailed hard every 10 pips with increased lots. just me.. but will be out in a flash.. a scalp afterall all the best
yeah, it will just consolidate mate.. don't think worth to scalp, it's just small range..
  • #371,034
  • Apr 8, 2014 10:17am Apr 8, 2014 10:17am
Quoting A-speculator
{quote} you know what, if you draw enough lines on your chart.. price will some how get to the lines and it will seems like the price following the lines.. just kidding mate..
Probably right. But I can not convince you to the opposite. So we accept your claim absolutely true.
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #371,035
  • Apr 8, 2014 10:18am Apr 8, 2014 10:18am
Attached Image (click to enlarge)
Click to Enlarge Name: 4h2.png Size: 111 KB
do you remember this chart, and i said lets see how far the signal goes well is that far enough?????????? depending on the 4 hour candle price has hit 6750 twice now,if we can retrace to 6682,
  • #371,036
  • Apr 8, 2014 10:19am Apr 8, 2014 10:19am
Well I had a move that could extend to todays highs..... break higher or woooosh? hmmm
  • #371,037
  • Apr 8, 2014 10:20am Apr 8, 2014 10:20am
Quoting godim
{quote} Probably right. But I can not convince you to the opposite. So we accept your claim absolutely true.
it's just a joke mate.. to freshen up the atmosphere.. please, no hard feelings mate.
  • #371,038
  • Apr 8, 2014 10:21am Apr 8, 2014 10:21am
Quoting A-speculator
{quote} yeah, it will just consolidate mate.. don't think worth to scalp, it's just small range..
Sir - it depends on the trading style.

For me - worth every penny getting involved here. I only need a little movement..

Regards and all the best to you
  • #371,039
  • Apr 8, 2014 10:23am Apr 8, 2014 10:23am
Quoting needpips
Well I had a move that could extend to todays highs..... break higher or woooosh? hmmm
looks like your getting your move higher ?? what i like that is does. a little kick up then drops 50 pips ? if it breaks 6727 we have a nice fall gap to short into
  • #371,040
  • Apr 8, 2014 10:26am Apr 8, 2014 10:26am
the market is almost dead now..
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