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Cable Update (GBPUSD)

  • #371,561
  • Apr 11, 2014 5:50am Apr 11, 2014 5:50am
Hello thread readers

6822, 6877 then 7039 are the swing highs to be concerned with on daily/weekly/monthly time frames. 6822 already proving an obstacle to long term bulls as more supply comes in there and today so far a follow south. That swing hi at 7039 is at base of a former monthly swing low zone (former support turns to resistance) that goes to around 7191...and above that 7321 is 50% of the total 2.1162-1.3505 fall. No doubt that in this moment 4hr daily and weekly remain technically bullish and monthly too despite the march candle close remains ' constructive ' within that overall ranginess on that time frame.

Best Wishes.
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it's all gone a bit........
  • #371,562
  • Apr 11, 2014 5:52am Apr 11, 2014 5:52am
in fact we are above support still ,but I'm trading through it
daily I think you already see confirmation ,bearish long legged doji
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #371,563
  • Apr 11, 2014 5:56am Apr 11, 2014 5:56am
It looks Brits have been unpatriotically dumping Cable today.
  • #371,564
  • Apr 11, 2014 6:01am Apr 11, 2014 6:01am
there we go...

this week closed should be interesting..
  • #371,565
  • Apr 11, 2014 6:06am Apr 11, 2014 6:06am
nsd usd up move I think is false,
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #371,566
  • Apr 11, 2014 6:06am Apr 11, 2014 6:06am
How Low Can We Go
A word to the wise ain't necessary - it's the stupid ones that need advice
  • #371,567
  • Apr 11, 2014 6:07am Apr 11, 2014 6:07am
bubble bursts
  • #371,568
  • Apr 11, 2014 6:07am Apr 11, 2014 6:07am
Test of a 4H support, buying more here with stop just above 1.67
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All posts are my personal opinion
  • #371,569
  • Apr 11, 2014 6:08am Apr 11, 2014 6:08am
break ,break !
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #371,570
  • Apr 11, 2014 6:09am Apr 11, 2014 6:09am
Almost done...big red candle but its almost done...small bubble burst....
A word to the wise ain't necessary - it's the stupid ones that need advice
  • #371,571
  • Apr 11, 2014 6:17am Apr 11, 2014 6:17am
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A word to the wise ain't necessary - it's the stupid ones that need advice
  • #371,572
  • Apr 11, 2014 6:23am Apr 11, 2014 6:23am
Nice drop from 168.. this time next year hey comrades ..
  • #371,573
  • Apr 11, 2014 6:30am Apr 11, 2014 6:30am
Quoting Nocturnes
{image}
bloody bears :nerd:
  • #371,574
  • Apr 11, 2014 6:30am Apr 11, 2014 6:30am
Jumped out at 150% profit. Can't complain. Have a great weekend.
A word to the wise ain't necessary - it's the stupid ones that need advice
  • #371,575
  • Apr 11, 2014 6:37am Apr 11, 2014 6:37am
Quoting grin
{quote} bloody bears :nerd:
sometimes u just gotta GRIN and BEAR it .. sorry it is friday after all
  • #371,576
  • Apr 11, 2014 6:37am Apr 11, 2014 6:37am
Quoting Nocturnes
Jumped out at 150% profit. Can't complain. Have a great weekend.
Enjoy.

It is time to watch whether bulls will manage to take out weekly highs in the remaining hours.
  • #371,577
  • Apr 11, 2014 6:38am Apr 11, 2014 6:38am
Quoting DerekTrotter
{quote} sometimes u just gotta GRIN and BEAR it .. sorry it is friday after all
  • #371,578
  • Apr 11, 2014 6:48am Apr 11, 2014 6:48am
Quoting DerekTrotter
Nice drop from 168.. this time next year hey comrades ..
Well done dell great day so far , i had people here , i could not see what was going on,, but ,
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4 filled, target below, still bull trend thou so be care full
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lovely, target below this seems in a bear trend ???
  • #371,579
  • Apr 11, 2014 6:50am Apr 11, 2014 6:50am
Quoting Nocturnes
Jumped out at 150% profit. Can't complain. Have a great weekend.
well done next time dont stretch your acc , ,, remember ,, gl regards E
  • #371,580
  • Apr 11, 2014 6:52am Apr 11, 2014 6:52am
Quoting elbert3
{quote} {image} we could try it as a little snack ..lol
sorry see the chart regards http://www.forexfactory.com/showthre...378&page=18574
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