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Cable Update (GBPUSD)

  • #371,961
  • Apr 16, 2014 3:35am Apr 16, 2014 3:35am
unemployment at 6.9% ?
This is going to explode up!!
  • #371,962
  • Apr 16, 2014 3:35am Apr 16, 2014 3:35am
very good news from gbp,,,gotta eat some bear
  • #371,963
  • Apr 16, 2014 3:35am Apr 16, 2014 3:35am
Quoting Tom_d
{quote} Nice trading as usual , I sent you a pm Del
Thanks Tom will check my pm's now ..
  • #371,964
  • Apr 16, 2014 3:37am Apr 16, 2014 3:37am
GU shorters good luck!
  • #371,965
  • Apr 16, 2014 3:38am Apr 16, 2014 3:38am
USD at support ... if that breaks and 1.7050, nothing but air for 1.9350-2.00
  • #371,966
  • Apr 16, 2014 3:38am Apr 16, 2014 3:38am
Quoting ruffryders
GU shorters good luck!
are you short? or just saying good luck ? lol
  • #371,967
  • Apr 16, 2014 3:39am Apr 16, 2014 3:39am
Quoting timos
unemployment at 6.9% ? This is going to explode up!!
wow what a nice fudged up data. average earnings index goes down and unemployment goes down. must have counted the beggars on the street as well.
  • #371,968
  • Apr 16, 2014 3:40am Apr 16, 2014 3:40am
Quoting JimmyC
{quote} Argumentatively the H&S has failed... The market has shown its colours and it is reasonable to assume bullish continuation. The event risks that might alter this view are few... but as always anything can happen. We're trading not writing new gospels. GU 4H {image} GU Daily (initial analysis) I have previously pointed to the daily chart and noted the target given by the chart becomes valid if the drawn level holds. {image} GU daily (confirmation chart) This now makes todays events interesting I may suggest that there is an entry opportunity...
Walks like a duck, talks like a duck

Attached Image (click to enlarge)
Click to Enlarge Name: GU 4H.png Size: 23 KB


Quack
  • #371,969
  • Apr 16, 2014 3:40am Apr 16, 2014 3:40am
Quoting slow-trader
USD at support ... if that breaks and 1.7050, nothing but air for 1.9350-2.00
your posts make me laugh
  • #371,970
  • Apr 16, 2014 3:41am Apr 16, 2014 3:41am
I don't understand bearish view...yes Friday daily closed bearish but week candle closed bullish...Monday with the longer lower wick on daily showed buyers still present and the move down to 6659 yesterday on data quickly reversed resulted in a PB candle on daily with long lower wick...today move to north follow on was higher probable.....and then the data helped it....whatever happens now that was highest probable outcome no ?

challenging bottom 1/2 of zone to 6820/23 in this moment.

best wishes.
it's all gone a bit........
  • #371,971
  • Apr 16, 2014 3:42am Apr 16, 2014 3:42am
before FED and TOPER - 30 April ???
Attached Image (click to enlarge)
Click to Enlarge Name: kab1.PNG Size: 23 KB
  • #371,972
  • Apr 16, 2014 3:43am Apr 16, 2014 3:43am
Quoting giveachance
{quote} wow what a nice fudged up data. average earnings index goes down and unemployment goes down. must have counted the beggars on the street as well.
It was not down,it was just lower than forecast but it was up 0.3%
  • #371,973
  • Apr 16, 2014 3:44am Apr 16, 2014 3:44am
Quoting slow-trader
{quote} are you short? or just saying good luck ? lol
Ill be back and Ironman are short.
  • #371,974
  • Apr 16, 2014 3:46am Apr 16, 2014 3:46am
historically, cable testing this resistance (1.681x-1.684x) area so many times, but now supported by good data, seems like will flying high
  • #371,975
  • Apr 16, 2014 3:49am Apr 16, 2014 3:49am
Quoting ruffryders
{quote} Ill be back and Ironman are short.
Arnold and Robby are short!
  • #371,976
  • Apr 16, 2014 3:50am Apr 16, 2014 3:50am
Quoting ruffryders
{quote} Ill be back and Ironman are short.
Let give them some respect bro, let see who will laugh at the end.....,
i am short also for tiny size, but burned already ....
Sometime win sometime not...that's normal
  • #371,977
  • Apr 16, 2014 3:51am Apr 16, 2014 3:51am
Quoting slow-trader
{quote} Arnold and Robby are short!
Attached Image
  • #371,978
  • Apr 16, 2014 3:52am Apr 16, 2014 3:52am
Quoting Red Alert
{quote} Let give them some respect bro, let see who will laugh at the end....., i am short also for tiny size, but burned already .... Sometime win sometime not...that's normal
we have a couple former highs (blue lines) to get above, but a test of the 1.687x high looks likely ... very soon. I will take a small short off of that if we can't break it (or break and no hold), but not expecting much ...
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd-d1-oanda-division1-2.png Size: 96 KB
  • #371,979
  • Apr 16, 2014 3:53am Apr 16, 2014 3:53am
Quoting ruffryders
{quote} {image}
"I'll be back" ... to meet you at Break Even ... in about 2 years
  • #371,980
  • Apr 16, 2014 3:58am Apr 16, 2014 3:58am
Quoting Red Alert
{quote} Let give them some respect bro, let see who will laugh at the end....., i am short also for tiny size, but burned already .... Sometime win sometime not...that's normal
not laughing here at someone's loss, it's just that some guys are way too one-sided.
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