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Cable Update (GBPUSD)

  • #372,281
  • Apr 17, 2014 2:23am Apr 17, 2014 2:23am
Quoting Davit
{quote} Nocturnes He is not worth ur time.Someone with 9 posts starts preaching me about SL and risk must of been smoking crack. It is idiotic to project one's incompetence on others.
This kind of behaviour indicates how frustrated you are ...... i m just gonna sit back and enjoy the ride up.
  • #372,282
  • Apr 17, 2014 2:25am Apr 17, 2014 2:25am
Quoting ruffryders
{quote} good review. Surprising that traders are still ignoring the confirmed bull engulfer on GU W1 charts. {image}
that's an inside bar - but outlook undeniably bullish still
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  • #372,283
  • Apr 17, 2014 2:25am Apr 17, 2014 2:25am
support 6823
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.gif Size: 60 KB
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #372,284
  • Apr 17, 2014 2:30am Apr 17, 2014 2:30am
Quoting Abrar1299
{quote} This kind of behaviour indicates how frustrated you are ...... i m just gonna sit back and enjoy the ride up.
Enjoy, i'm sure you will...question is when.
A word to the wise ain't necessary - it's the stupid ones that need advice
  • #372,285
  • Apr 17, 2014 2:31am Apr 17, 2014 2:31am
Quoting godim
support 6823 {image}
euro is an important resistance.

Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.gif Size: 69 KB


3843
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #372,286
  • Apr 17, 2014 2:35am Apr 17, 2014 2:35am
GBP/USD support levels to watch today are 1.6780, 1.6740-50, 1.6720. Resistance zone to watch today is 1.6845-50
  • #372,287
  • Apr 17, 2014 2:39am Apr 17, 2014 2:39am
Quoting godim
{quote} euro is an important resistance. {image} 3843
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd_m15.gif Size: 47 KB
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #372,288
  • Apr 17, 2014 2:41am Apr 17, 2014 2:41am
Bullish Engulfing Strategy

Reversal to reversal

$SPX 500 1H view
Attached Image (click to enlarge)
Click to Enlarge Name: Bullish Engulfing Example $SPX.png Size: 21 KB
  • #372,289
  • Apr 17, 2014 2:42am Apr 17, 2014 2:42am
Quoting veer2010
{quote} Not only you're missing something but you just have no clue on how market moves!
Hi Veer

Grain a truth in that

But I earn everyday from the charts

not enough to give up my day job yet,

but regular income is the hard part.

To earn more moved $10K into that chart

Will add quiet a bit more once I trade out off the YEN charts.

NZ evening times zones,suit GBP/US opening etc

Like the old saying if it was easy to make money from this

everybody would being doing it:nerd:
  • #372,290
  • Apr 17, 2014 2:46am Apr 17, 2014 2:46am
Quoting chazzle
{quote} that's an inside bar - but outlook undeniably bullish still {image}
Charles, OK, got it. Can you PM me your skype? Wanted to discuss something with you.
  • #372,291
  • Apr 17, 2014 2:49am Apr 17, 2014 2:49am
Quoting ruffryders
{quote} Charles, OK, got it. Can you PM me your skype? Wanted to discuss something with you.
not a skyper mate, sorry
  • #372,292
  • Apr 17, 2014 2:49am Apr 17, 2014 2:49am
Hello thread readers,


It's not the rocket science this buying in an uptrend, so much easier than selling lol...but trend is friend till end when bends lol. No Uk data today. Tomorrow and Monday Uk Bank Holidays. Possible resistance, first present daily high = 6837, then

to 6877 former daily/wkly/mthly swing high
6940 50% 0397-3505
6957 Monthly R2 pivot
to 7039 former mthly swing high zone
7129 Monthly R3 pivot
to 7220 former mthly swing low zone (possible resistance now ?)
7321 50% 1162-3505

best wishes.
it's all gone a bit........
  • #372,293
  • Apr 17, 2014 2:52am Apr 17, 2014 2:52am
Quoting ruffryders
{quote} Charles, OK, got it. Can you PM me your skype? Wanted to discuss something with you.

Beware...he will ask you what color your knickers have....
A word to the wise ain't necessary - it's the stupid ones that need advice
  • #372,294
  • Apr 17, 2014 2:57am Apr 17, 2014 2:57am
Quoting godim
support 6823 {image}
Whether it will close above Hi -> 6834? UpTrend continue?

Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.gif Size: 122 KB
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #372,295
  • Apr 17, 2014 2:59am Apr 17, 2014 2:59am
Quoting ruffryders
{quote} in fact there will be a nice setup on GOLD to go SHORT soon, I'd wait for a clean break below 1290-1295 to short sell. {image}
just took the profit,, see the red over white ,, good night ??
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  • #372,296
  • Apr 17, 2014 2:59am Apr 17, 2014 2:59am
Quoting petetong
Hello thread readers, It's not the rocket science this buying in an uptrend, so much easier than selling lol...but trend is friend till end when bends lol. No Uk data today. Tomorrow and Monday Uk Bank Holidays. Possible resistance, first present daily high = 6837, then to 6877 former daily/wkly/mthly swing high 6940 50% 0397-3505 6957 Monthly R2 pivot to 7039 former mthly swing high zone 7129 Monthly R3 pivot to 7220 former mthly swing low zone (possible resistance now ?) 7321 50% 1162-3505 best wishes.
That's true. However the fellow traders in here are too closed-minded and will attack you for going LONG. Be prepared.
But this time around looks like Arni won't be coming back any time soon.
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  • #372,297
  • Apr 17, 2014 3:00am Apr 17, 2014 3:00am
Quoting ruffryders
{quote} That's true. However the fellow traders in here are too closed-minded and will attack you for going LONG. Be prepared. But this time around looks like Arni won't be coming back any time soon. {image}
Wrong again

http://www.imdb.com/title/tt1340138/
A word to the wise ain't necessary - it's the stupid ones that need advice
  • #372,298
  • Apr 17, 2014 3:01am Apr 17, 2014 3:01am
The tale of GU short selling as told by broker sentiment and FF stats....

The thinking....

Attached Image


The result....

Attached Image


The conviction to lose money is astounding

- If you're going to counter trend, keep your position size small and your exposure short, scalp your profits and get out or the trend will catch you up...

Good bye
  • #372,299
  • Apr 17, 2014 3:05am Apr 17, 2014 3:05am
Quoting JimmyC
The tale of GU short selling as told by broker sentiment and FF stats.... The thinking.... {image} The result.... {image} The conviction to lose money is astounding - If you're going to counter trend, keep your position size small and your exposure short, scalp your profits and get out or the trend will catch you up... Good bye
ukunibonga kakhulu ngidinga imali
  • #372,300
  • Apr 17, 2014 3:05am Apr 17, 2014 3:05am
Quoting godim
{quote} Whether it will close above Hi -> 6834? UpTrend continue? {image}
No
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.gif Size: 122 KB


All remained in an hour, maybe?
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
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