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Cable Update (GBPUSD)

  • #371,041
  • Apr 8, 2014 10:28am Apr 8, 2014 10:28am
Quoting elbert3
{quote} 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
yeah, maybe tomorrow... not seeing possible atm.

i think market will go nowhere until europe later..
  • #371,042
  • Apr 8, 2014 10:29am Apr 8, 2014 10:29am
Quoting A-speculator
{quote} it's just a joke mate.. to freshen up the atmosphere.. please, no hard feelings mate.
I think the purpose of the bulls is to close the day above 3821. This will mean UpTrend.
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"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #371,043
  • Apr 8, 2014 10:31am Apr 8, 2014 10:31am
Quoting elbert3
{quote} 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
Attached Image (click to enlarge)
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look at the weekly why are we not seeing this, classic W, broke the 200 and the others no stopping it could even do 6900
  • #371,044
  • Edited 10:45am Apr 8, 2014 10:35am | Edited 10:45am
Quoting godim
{quote} I think the purpose of the bulls is to close the day above 3821. This will mean UpTrend. {image}
my dear friend, perhaps you should try to use fibo retracement lines, fans is also ok but try to limit them.

anyway, critical area for fiber is as i said before is about 3800 since swissy also find support about the same time so that does mean something right?

a further 20pips as you suggested also right but that is for the extreme case senario where previous wick (highest price of the range) sits about there

i see it by only judging the latest wick in 4h, so i'm not expecting more upside but it's possible..
  • #371,045
  • Apr 8, 2014 10:48am Apr 8, 2014 10:48am
Quoting A-speculator
{quote} my dear friend, perhaps you should try to use fibo retracement lines, fans is also ok but try to limit them. anyway, critical area for fiber is as i said before is about 3800 since swissy also find support about the same time so that does mean something right? a further 20pips as you suggested also right but that is for the extreme case senario where previous wick (highest price of the range) sits about there i see it by only judging the latest wick in 4h, so i'm not expecting more upside but it's possible..
Sir - if 1.3820 happens - I will have a sell there.

For sure.

Over next few sessions - will TP lower.

Regards
  • #371,046
  • Apr 8, 2014 10:48am Apr 8, 2014 10:48am
If 67.25 hold until close the day it means BULLS are BIZZY, I am short @ 67.47 st 67.95 tp 66.58
Attached Image (click to enlarge)
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Good thoughts and actions can never produce bad results.
  • #371,047
  • Apr 8, 2014 10:49am Apr 8, 2014 10:49am
Quoting TauTrader
{quote} Sir - if 1.3820 happens - I will have a sell there. For sure. Over next few sessions - will TP lower. Regards
I'm thinking in the 1.3740 region again..

regards
  • #371,048
  • Apr 8, 2014 10:54am Apr 8, 2014 10:54am
Quoting TauTrader
{quote} Sir - if 1.3820 happens - I will have a sell there. For sure. Over next few sessions - will TP lower. Regards
yeah i know bro..

of course you will..
  • #371,049
  • Apr 8, 2014 10:55am Apr 8, 2014 10:55am
Quoting A-speculator
{quote} my dear friend, perhaps you should try to use fibo retracement lines, fans is also ok but try to limit them. anyway, critical area for fiber is as i said before is about 3800 since swissy also find support about the same time so that does mean something right? a further 20pips as you suggested also right but that is for the extreme case senario where previous wick (highest price of the range) sits about there i see it by only judging the latest wick in 4h, so i'm not expecting more upside but it's possible..
See, my friend. These 20 pips, are required for the bulls. What you see is the last defense of the bears. But, you know, this whole movement may be left without a trace, if now, the bulls did not break the top 3819. Try to see what will happen in the market, not only what has already been. What are the objectives of the bulls? And what are the objectives of the bears?

BBL
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #371,050
  • Apr 8, 2014 10:59am Apr 8, 2014 10:59am
Quoting godim
{quote} See, my friend. These 20 pips, are required for the bulls. What you see is the last defense of the bears. But, you know, this whole movement may be left without a trace, if now, the bulls did not break the top 3819. Try to see what will happen in the market, not only what has already been. What are the objectives of the bulls? And what are the objectives of the bears? BBL
doesn't matter what their objectives bro...

what matter is what the chart says..
  • #371,051
  • Apr 8, 2014 11:04am Apr 8, 2014 11:04am
Gents/Ladies

Be on EU now @ 1.3800. I will probably be able to push this up to 1.3805/1.3810 as max..

Hope to scalp lower.

Any pips below 1.3800 will be banked.

regards
  • #371,052
  • Apr 8, 2014 11:26am Apr 8, 2014 11:26am
E/G to hit 0.83 by tomorrow. E to stay at 1.38, thus GU will drop to 1.6626 before any further moves.
  • #371,053
  • Apr 8, 2014 11:26am Apr 8, 2014 11:26am
Quoting TauTrader
Gents/Ladies Be on EU now @ 1.3800. I will probably be able to push this up to 1.3805/1.3810 as max.. Hope to scalp lower. Any pips below 1.3800 will be banked. regards
Got the BE to 1.38051 - trying..

regards
  • #371,054
  • Apr 8, 2014 11:39am Apr 8, 2014 11:39am
Quoting sakisf
E/G to hit 0.83 by tomorrow. E to stay at 1.38, thus GU will drop to 1.6626 before any further moves.
Truly, it takes a prophet to make a profit. Are you a prophet and saying this with certainty???
  • #371,055
  • Apr 8, 2014 11:47am Apr 8, 2014 11:47am
Keen eye on the clear resistance level on the weekly. I will short Cable bouncing off this area for a while, but it if it somehow breaks that key resistance level then I am all long.
  • #371,056
  • Apr 8, 2014 11:51am Apr 8, 2014 11:51am
Quoting TauTrader
{quote} Got the BE to 1.38051 - trying.. regards
Done deal. No need to we right. Just pick it. go for it. Bank it. 5 pips can be awesome.

Regards
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  • #371,057
  • Apr 8, 2014 12:06pm Apr 8, 2014 12:06pm
Quoting TauTrader
{quote} Done deal. No need to we right. Just pick it. go for it. Bank it. 5 pips can be awesome. Regards {image}
34 lots! Woo boy. That is some tight trading.
  • #371,058
  • Apr 8, 2014 12:07pm Apr 8, 2014 12:07pm
I am short on GU 6670 67 6750
Short EU 38

USD is oversold.Corrections will come.Could it go lot further? It could in that case will adjust.
Notice how far price is from median line.Price is in my sell zone RSI in 70
Funny part my signature reflects both on EU and GU now
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In trading, you have to be defensive and aggressive at the same time
  • #371,059
  • Apr 8, 2014 12:11pm Apr 8, 2014 12:11pm
Quoting TauTrader
{quote} Done deal. No need to we right. Just pick it. go for it. Bank it. 5 pips can be awesome. Regards {image}
and there she blows..

More than ample opportunity. Solid profit.

Regards
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  • #371,060
  • Apr 8, 2014 12:23pm Apr 8, 2014 12:23pm
Quoting TauTrader
{quote} and there she blows.. More than ample opportunity. Solid profit. Regards {image}
Good day,

Cleared all the weaker shorties. BE or profit. Left with 2 opens..

If price passes those - I enter more.

Now we wait.

Regards
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