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Cable Update (GBPUSD)

  • #372,601
  • Apr 21, 2014 10:04am Apr 21, 2014 10:04am
at last, fiber and swissy break free..
  • #372,602
  • Apr 21, 2014 10:08am Apr 21, 2014 10:08am
Quoting TauTrader
{quote} Understood. Out of EU @ 1.3813 - back in long with average entry 1.3799 Just scalping a few pips here and there since last week.. Hope your trade works out just fine. All the best
Thank you kind sir At BE+2, it can't get too bad.

Hey Tau, remember these charts? hehe ... I just found it among my charts. Haven't seen it for ages.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdh1.png Size: 59 KB
Ghost Rider - WWTBMD?
  • #372,603
  • Apr 21, 2014 10:18am Apr 21, 2014 10:18am
Quoting albchr
{quote} Thank you kind sir At BE+2, it can't get too bad. Hey Tau, remember these charts? hehe ... I just found it among my charts. Haven't seen it for ages. {image}
Sir,

Yip - remember those. You have been using your trading system consistently over the years.. Good on you.

I have calculated my risk and have placed one more buy limit.. If it triggers before I can close for profit - then that will be my last entry for this attempt. And I walk away..

Let's see how this turns out.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusdm30.png Size: 71 KB
  • #372,604
  • Apr 21, 2014 10:23am Apr 21, 2014 10:23am
Quoting TauTrader
{quote} Sir, Yip - remember those. You have been using your trading system consistently over the years.. Good on you. I have calculated my risk and have placed one more buy limit.. If it triggers before I can close for profit - then that will be my last entry for this attempt. And I walk away.. Let's see how this turns out. {image}
May your pip cup runeth over and spill all over your shoes
Ghost Rider - WWTBMD?
  • #372,605
  • Apr 21, 2014 10:27am Apr 21, 2014 10:27am
6765, then 6715 looking to get there tomorrow 16816 look to be the resistance number
  • #372,606
  • Apr 21, 2014 10:28am Apr 21, 2014 10:28am
Quoting TauTrader
{quote} Sir, Yip - remember those. You have been using your trading system consistently over the years.. Good on you. I have calculated my risk and have placed one more buy limit.. If it triggers before I can close for profit - then that will be my last entry for this attempt. And I walk away.. Let's see how this turns out. {image}
yups, i see that at about 378x is the last support in 4h..

i do hope it breaks.. sorry mate, i'm short on fiber.. break that price will be considered as safe zone for my entry..
  • #372,607
  • Apr 21, 2014 10:29am Apr 21, 2014 10:29am
Quoting elbert3
6765, then 6715 looking to get there tomorrow
by looking at EG, seems like cable will not move much today.. at least 4h says so.. considering UJ perhaps?
  • #372,608
  • Apr 21, 2014 10:33am Apr 21, 2014 10:33am
Quoting albchr
15M currently trapped between 50ema (blue) and 200ma's (green / red). Whichever gives first will be likely "drift" direction from here. {image}
.. Let's see if so.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdm15.png Size: 68 KB
Ghost Rider - WWTBMD?
  • #372,609
  • Apr 21, 2014 10:34am Apr 21, 2014 10:34am
Quoting elbert3
6765, then 6715 looking to get there tomorrow 16816 look to be the resistance number
Attached Image (click to enlarge)
Click to Enlarge Name: mu.png Size: 160 KB
some little sells myself looking at a couple of break downs
  • #372,610
  • Apr 21, 2014 10:39am Apr 21, 2014 10:39am
for cable, i'll be looking for 6790 clean breakout to add to my position on retest
  • #372,611
  • Apr 21, 2014 10:42am Apr 21, 2014 10:42am
Quoting A-speculator
for cable, i'll be looking for 6790 clean breakout to add to my position on retest
I'll go with that. DP (6788) is what I've been looking for all day with this little scalp.
Ghost Rider - WWTBMD?
  • #372,612
  • Apr 21, 2014 10:43am Apr 21, 2014 10:43am
Quoting A-speculator
for cable, i'll be looking for 6790 clean breakout to add to my position on retest
could break below that ??
Attached Image (click to enlarge)
Click to Enlarge Name: 1.png Size: 124 KB
x marks the spot
  • #372,613
  • Apr 21, 2014 10:45am Apr 21, 2014 10:45am
Fiber looks ready to TIMBER on the 4H. So close now. If no bounce here soon she's gone me thinks.
Ghost Rider - WWTBMD?
  • #372,614
  • Apr 21, 2014 10:46am Apr 21, 2014 10:46am
Quoting elbert3
{quote} could break below that ??{image} x marks the spot
when price arrive there, we shall know..

i don't have crystal ball bro.. if you already mark your support, then look for exhaustion pattern as price hit the mark.. that means end of the down swing and might open opportunities for correction.
  • #372,615
  • Apr 21, 2014 10:52am Apr 21, 2014 10:52am
Quoting A-speculator
{quote} when price arrive there, we shall know.. i don't have crystal ball bro.. if you already mark your support, then look for exhaustion pattern as price hit the mark.. that means end of the down swing and might open opportunities for correction.
Attached Image (click to enlarge)
Click to Enlarge Name: 4.png Size: 117 KB
hope that it will break the red 20em and head to the 50 em,,
  • #372,616
  • Apr 21, 2014 10:55am Apr 21, 2014 10:55am
Quoting elbert3
{quote} {image} hope that it will break the red 20em and head to the 50 em,,
if 6790 breaks, next support imho is at about 674x.. just 50 pips under.. in 4h of course..

but as i said, by looking at EG, seems like the move might not happen today.. but who knows, right?
  • #372,617
  • Apr 21, 2014 10:58am Apr 21, 2014 10:58am
Quoting elbert3
{quote} {image} hope that it will break the red 20em and head to the 50 em,,
Gotta get thru the 1H 100ema (orange) first. But if it does hit that 4H 50 (I hope so), I'm closing quick because that puppy is notorious for sending it back up hard.

EDIT: Ok, why is my chart showing up as an attachment file all of a sudden?

EDIT 2: Ok, that's better LOL
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdh1.png Size: 59 KB
Ghost Rider - WWTBMD?
  • #372,618
  • Apr 21, 2014 10:59am Apr 21, 2014 10:59am
Quoting A-speculator
{quote} if 6790 breaks, next support imho is at about 674x.. just 50 pips under.. in 4h of course.. but as i said, by looking at EG, seems like the move might not happen today.. but who knows, right?
yes who knows ?? if you look back on the 4 hour 20em has been holding it from going up.. i think with that many trys we might see a good break from this area . regards E
  • #372,619
  • Apr 21, 2014 11:01am Apr 21, 2014 11:01am
Quoting elbert3
{quote} yes who knows ?? if you look back on the 4 hour 20em has been holding it from going up.. i think with that many trys we might see a good break from this area . regards E
yeah hopefully we can get that breakout today, so that it will be a lot easier for us to plan for tomorrow.
  • #372,620
  • Apr 21, 2014 11:02am Apr 21, 2014 11:02am
usd looks kinda pretty to me ,but pivot just above ,I think you can look forex market ,prob take
Attached Image (click to enlarge)
Click to Enlarge Name: usdlfxweekly 22 april.png Size: 28 KB
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