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Cable Update (GBPUSD)

  • #371,161
  • Apr 9, 2014 4:36am Apr 9, 2014 4:36am
Quoting godim
{quote} support - 6725, maybe {image}
could be right sl on manage
  • #371,162
  • Apr 9, 2014 4:37am Apr 9, 2014 4:37am
Quoting Nocturnes
{quote} Small bite of the bears...bulls looking to poke again...Casino time has begun. Place your bets please...In this game there is no Green 0...Red or Black...pick it!
you call ?? gl watch that acc
  • #371,163
  • Apr 9, 2014 4:37am Apr 9, 2014 4:37am
All right. Let's ask the euro ...

Attached Image (click to enlarge)
Click to Enlarge Name: eurusd_m15.gif Size: 53 KB


What do you see? What do you predict?
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #371,164
  • Apr 9, 2014 4:39am Apr 9, 2014 4:39am
Quoting godim
All right. Let's ask the euro ... {image} What do you see? What do you predict?
dont want to say is on the line tecs say 60.50 long
  • #371,165
  • Apr 9, 2014 4:44am Apr 9, 2014 4:44am
Quoting elbert3
{quote} could be right sl on manage
second support is at 6722.

Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.gif Size: 55 KB


watch euro ...
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #371,166
  • Apr 9, 2014 4:46am Apr 9, 2014 4:46am
Quoting godim
All right. Let's ask the euro ... {image} What do you see? What do you predict?
i think they are out of sink ??? have to go sls i place gl,
  • #371,167
  • Apr 9, 2014 4:49am Apr 9, 2014 4:49am
Quoting Beli
{quote} Now everyone long....if price back to 1.66 everyone will tell you short!
just follow the price until you surely find the reversal, simple....
  • #371,168
  • Apr 9, 2014 4:55am Apr 9, 2014 4:55am
Quoting elbert3
{quote} i think they are out of sink ??? have to go sls i place gl,
When you use slang or acronyms google translator is helpless.
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #371,169
  • Apr 9, 2014 5:06am Apr 9, 2014 5:06am
Sell from 6742. But I think it is a buy from 6723. thin stop.

Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.gif Size: 123 KB
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #371,170
  • Apr 9, 2014 5:14am Apr 9, 2014 5:14am
Quoting godim
All right. Let's ask the euro ... {image} What do you see? What do you predict?
euro again enter the area of the last line of defense.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd_m15.gif Size: 54 KB


BBL
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #371,171
  • Apr 9, 2014 5:15am Apr 9, 2014 5:15am
GU 1H

Range box with probable bullish continuation
Attached Image (click to enlarge)
Click to Enlarge Name: GU 1H.png Size: 24 KB
  • #371,172
  • Apr 9, 2014 6:31am Apr 9, 2014 6:31am
Had three shorts that all hit TP (recovered my loss from an earlier short), now have a pending buy and sell outside this tight range
  • #371,173
  • Edited 7:19am Apr 9, 2014 7:04am | Edited 7:19am
Quoting godim
Sell from 6742. But I think it is a buy from 6723. thin stop. {image}
Yes. Started UpSwing. Stop long position below Lo - 6730.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.gif Size: 122 KB


PS I just want to write the resistance level - 6749.
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #371,174
  • Apr 9, 2014 7:09am Apr 9, 2014 7:09am
Quoting godim
{quote} euro again enter the area of the last line of defense. {image} BBL
euro, euro ???

Attached Image (click to enlarge)
Click to Enlarge Name: eurusd_m15.gif Size: 53 KB


BBL
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #371,175
  • Apr 9, 2014 7:16am Apr 9, 2014 7:16am
This thing has been flat for too darned long. It's been killing my strangle options.

Can we finally break up and out of this sideways action? Maybe get above 1.69?

What if I said pretty please with sugar on top?
  • #371,176
  • Apr 9, 2014 7:21am Apr 9, 2014 7:21am
Quoting Baggi
This thing has been flat for too darned long. It's been killing my strangle options. Can we finally break up and out of this sideways action? Maybe get above 1.69? What if I said pretty please with sugar on top?
you been long vol?

that must be a killer, not only on realised but the vega and theta too.
  • #371,177
  • Apr 9, 2014 7:31am Apr 9, 2014 7:31am


anyone trading cable today?

for the pair to change direction, the bullish momentum need to be neutralized first, thus the ranging PA.. you will know when to short when you see the first momentum to the down side.

To be safe enter after the momentum (on the retracement after the reaction, of course) and not picking highs..
  • #371,178
  • Apr 9, 2014 7:46am Apr 9, 2014 7:46am
Quoting A-speculator
anyone trading cable today? for the pair to change direction, the bullish momentum need to be neutralized first, thus the ranging PA.. you will know when to short when you see the first momentum to the down side. To be safe enter after the momentum (on the retracement after the reaction, of course) and not picking highs..
i think we could be going short watch out for a false break up then short .
  • #371,179
  • Apr 9, 2014 7:51am Apr 9, 2014 7:51am
Quoting elbert3
{quote} i think we could be going short watch out for a false break up then short .
i'm not interested in trading cable atm, not until i see valid momentum.. sideline atm.
  • #371,180
  • Apr 9, 2014 7:51am Apr 9, 2014 7:51am
Quoting JeremyWS
{quote} you been long vol? that must be a killer, not only on realised but the vega and theta too.
Yeah, like the brilliant options trader I am, I went long volume shortly after the big spike up, and have been paying for it ever since.
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