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Cable Update (GBPUSD)

  • #372,881
  • Apr 22, 2014 4:39pm Apr 22, 2014 4:39pm
Quoting Pipocrates
{quote} short at 68 i remember stop above the high {quote} even if it moves lower, you and half the world has stops above that high, dont you think MM know that? they will slam price up then slam it down to catch the SL and the long stops before it moved lower. But if you move your SL higher and price moves higher your out on that game too. Rock and a hard place. Or you can take you lose like a man and admit that you were wrong. But we don't do that do we. (I have a problem with this myself)
you not remember well mate, ive closed that position yesterday.. currently holding short 6820..read my previous post bro..
  • #372,882
  • Apr 22, 2014 5:07pm Apr 22, 2014 5:07pm
Quoting A-speculator
{quote} you not remember well mate, ive closed that position yesterday.. currently holding short 6820..read my previous post bro..
sorry bra, good luck!
  • #372,883
  • Apr 22, 2014 5:34pm Apr 22, 2014 5:34pm
This just came across my feed:
Gbp/Usd: Offers remain at 1.6840 to halt price advance in protection of 1.6850 barrier. Buy stops upon a break. Bids in at 1.6810-15, sell stops below 1.680.
  • #372,884
  • Edited Apr 23, 2014 5:52am Apr 22, 2014 8:43pm | Edited Apr 23, 2014 5:52am
Good Morning !

Today's S/R Levels On MT4 Templates

EURO
CABLE

http://www.forexfactory.com/showthre...67#post7421467
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #372,885
  • Apr 23, 2014 12:19am Apr 23, 2014 12:19am
Quoting whitescalper
{quote} I am currently standing aside . Couple of High/Low pivots have formed and i like to see how the price action develops to take my next action {image}

Took a short on cable @ 1.6825 SL previous high about 14 pips 1.6839 looking for Daily S1
Attached Image (click to enlarge)
Click to Enlarge Name: Cable2.jpg Size: 54 KB
  • #372,886
  • Apr 23, 2014 12:39am Apr 23, 2014 12:39am
Quoting whitescalper
{quote} Took a short on cable @ 1.6825 SL previous high about 14 pips 1.6839 looking for Daily S1 {image}
Howzit - fair comment, fair setup, good chart

GU 1H

Intraday chart

Attached Image (click to enlarge)
Click to Enlarge Name: GU 1H.png Size: 21 KB


The presence of -ve divergence does raise the possibility of a pullback, as there are no technical patterns to indicate the target I agree a break below the pivot would target S1 - Support @1.6794 S2 @1.67628 S3 - breakout level 1.67404

Events of interest

Attached Image (click to enlarge)
Click to Enlarge Name: GBP Event risks.png Size: 14 KB


Strategically any deep pullback will create an opportunity for long traders to resume the position trade for 1.7

G/L
  • #372,887
  • Apr 23, 2014 12:48am Apr 23, 2014 12:48am
this is last day to saty on top position gbp going down 2 to 3 thousand points and euro also going down
  • #372,888
  • Apr 23, 2014 12:48am Apr 23, 2014 12:48am
1.6850 - 1.6795/1.6800 becomes important range for GBPUSD. The upside, 1.7000 can't be denied in near term while downside pressure remains limited to 1.6650 and 1.6530.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdh4.png Size: 36 KB
  • #372,889
  • Apr 23, 2014 12:51am Apr 23, 2014 12:51am
Quoting usman ashraf
this is last day to saty on top position gbp going down 2 to 3 thousand points and euro also going down
Really -> explain
  • #372,890
  • Apr 23, 2014 12:54am Apr 23, 2014 12:54am
Quoting JimmyC
{quote} Really -> explain
WHAT??!? 2-3 thousand points?
dude you must be out of your mind

the most i see is a thousand if some seriously bad news comes out of ukrain or from uk.
we are lucky if we see 1.67xxx this week. but that's just me.
  • #372,891
  • Apr 23, 2014 12:56am Apr 23, 2014 12:56am
Quoting usman ashraf
this is last day to saty on top position gbp going down 2 to 3 thousand points and euro also going down
http://www.babypips.com/
In trading, you have to be defensive and aggressive at the same time
  • #372,892
  • Apr 23, 2014 12:58am Apr 23, 2014 12:58am
GU Monthly

Attached Image (click to enlarge)
Click to Enlarge Name: GU Monthly.png Size: 21 KB
  • #372,893
  • Apr 23, 2014 12:59am Apr 23, 2014 12:59am
Quoting Davit
{quote} http://www.babypips.com/
words out of my mouth
  • #372,894
  • Apr 23, 2014 1:00am Apr 23, 2014 1:00am
GU H4 GMT +3

The bullish trend nicely continues, holing longs at least ~6923 then close some and BE... I hope
Invalidation if price could close under ~6727.

Good luck!
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdmicroh4.png Size: 51 KB
Anything is math!
  • #372,895
  • Apr 23, 2014 1:02am Apr 23, 2014 1:02am
Quoting Kajos2250
GU H4 GMT +3 The bullish trend nicely continues, holing longs at least ~6923 then close some and BE... I hope Invalidation if price could close under ~6727. Good luck! {image}
Kajos great to see you back
In trading, you have to be defensive and aggressive at the same time
  • #372,896
  • Apr 23, 2014 1:05am Apr 23, 2014 1:05am
Quoting JimmyC
{quote} words out of my mouth
yeahh unless we get entire financial section of London blow up or massive earthquake wiping London flat...
Other then that 50pips south would be nice
In trading, you have to be defensive and aggressive at the same time
  • #372,897
  • Apr 23, 2014 1:18am Apr 23, 2014 1:18am
Quoting Davit
{quote} Kajos great to see you back
i am allways on the board, just i have less time to trade i am developing my EAs and it needs more time to take...
Anything is math!
  • #372,898
  • Apr 23, 2014 1:29am Apr 23, 2014 1:29am
Boy there must be some massive stops above the high for them not to have popped already is mind boggling
  • #372,899
  • Apr 23, 2014 1:34am Apr 23, 2014 1:34am
GU ..i think it will go down

dont asking why
  • #372,900
  • Apr 23, 2014 1:40am Apr 23, 2014 1:40am
Quoting Nfp
GU ..i think it will go down dont asking why
ah your back,, is it a tip, i have to say you were right last time, regards
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