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Cable Update (GBPUSD)

  • #372,961
  • Apr 23, 2014 4:20am Apr 23, 2014 4:20am
Quoting giveachance
{quote} 6760 min, don't listen to others.
i see that support also.. my price is at about 674x or say 6750 area. good spot there mate.
  • #372,962
  • Apr 23, 2014 4:20am Apr 23, 2014 4:20am
Quoting giveachance
{quote} 6760 min, don't listen to others.
some body sell some more i feel like i want to kick it over the line lol
  • #372,963
  • Apr 23, 2014 4:20am Apr 23, 2014 4:20am
dont blame me
  • #372,964
  • Apr 23, 2014 4:21am Apr 23, 2014 4:21am
Resistance has been softer than I thought, and pullback not any stronger. I am looking at 6840 by the end of the day.
  • #372,965
  • Apr 23, 2014 4:22am Apr 23, 2014 4:22am
Quoting elbert3
{quote} some body sell some more i feel like i want to kick it over the line lol
  • #372,966
  • Apr 23, 2014 4:24am Apr 23, 2014 4:24am
mate...how is Aussie in your side ? 0.908x for next bull or 0.915x ???


Quoting A-speculator
i have a PO on EG at 8272... that's a lot of space still.. hopefully that's translate into a lot of downswing to cable..
not euphoria follower
  • #372,967
  • Apr 23, 2014 4:24am Apr 23, 2014 4:24am
Quoting A-speculator
{quote}
thats it pp on 2 shorts was 6805 plus 21 pips to add to this mornings tally ,
  • #372,968
  • Apr 23, 2014 4:25am Apr 23, 2014 4:25am
Quoting elbert3
{quote} thats it pp on 2 shorts was 6805 plus 21 pips to add to this mornings tally ,
look to 6812 might get back short there
  • #372,969
  • Apr 23, 2014 4:25am Apr 23, 2014 4:25am
Quoting paulonyx
Resistance has been softer than I thought, and pullback not any stronger. I am looking at 6840 by the end of the day.
that's resistance you're talking about is not softer mate.. it is the cluster resistance for several years.

perhaps still not enough in the market fundamentally & technically to break the resistance yet with current economic conditions.. who knows?

whatever the reasons, the price hasn't shown that it want to move to the area just yet.. and coming to May, well, maybe the timing is not right for the breakout.. perhaps another year to come..
  • #372,970
  • Apr 23, 2014 4:30am Apr 23, 2014 4:30am
Quoting iqyu5an
mate...how is Aussie in your side ? 0.908x for next bull or 0.915x ??? {quote}
first support on daily is at about 9220, weekly 9200 - close to each other, i think this area will be significant.. might take sometime to break..

next support is at about low of 9100 area.. for entry, i would prefer to enter about 9320..

i guess that is my take for aussie.
  • #372,971
  • Apr 23, 2014 4:30am Apr 23, 2014 4:30am
still short..i will break it..

lets kill those fucker
  • #372,972
  • Apr 23, 2014 4:33am Apr 23, 2014 4:33am
Quoting elbert3
{quote} look to 6812 might get back short there
back in here we go some body sold some more lol
  • #372,973
  • Apr 23, 2014 4:35am Apr 23, 2014 4:35am
closed my EU +55. I just checked daily Gu chart and yes a possible drop.
Pecuniae obediunt omnia
  • #372,974
  • Apr 23, 2014 4:36am Apr 23, 2014 4:36am
Quoting A-speculator
{quote} first support on daily is at about 9220, weekly 9200 - close to each other, i think this area will be significant.. might take sometime to break.. next support is at about low of 9100 area.. for entry, i would prefer to enter about 9320.. i guess that is my take for aussie.
i don't think aussie is in bullish market condition if you're look from the weekly..

the two price where price stalls is about the 50% and 61% fibo area and price making lower high, lower lows..

projection on weekly is about 7800 area - which sounds absurd now, perhaps we might be looking price retest the last low first at about 88xx area.
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  • #372,975
  • Apr 23, 2014 4:36am Apr 23, 2014 4:36am
Quoting A-speculator
{quote} first support on daily is at about 9220, weekly 9200 - close to each other, i think this area will be significant.. might take sometime to break.. next support is at about low of 9100 area.. for entry, i would prefer to enter about 9320.. i guess that is my take for aussie.
well noted brother.... was looking for second opinion for mine . maybe i will wait for any rejection / falsebreak around the green zone. and your 9100 is close enough with that green one

tq
not euphoria follower
  • #372,976
  • Apr 23, 2014 4:39am Apr 23, 2014 4:39am
seems like swissy found support at about low of 88xx area.. will try to long once i see consolidation/exhaustion on lower TF
  • #372,977
  • Apr 23, 2014 4:41am Apr 23, 2014 4:41am
Quoting A-speculator
{quote} that's resistance you're talking about is not softer mate.. it is the cluster resistance for several years. perhaps still not enough in the market fundamentally & technically to break the resistance yet with current economic conditions.. who knows? whatever the reasons, the price hasn't shown that it want to move to the area just yet.. and coming to May, well, maybe the timing is not right for the breakout.. perhaps another year to come..

Nice one. Well explained.
  • #372,978
  • Apr 23, 2014 4:41am Apr 23, 2014 4:41am
Quoting iqyu5an
{quote} well noted brother.... was looking for second opinion for mine . maybe i will wait for any rejection / falsebreak around the green zone. and your 9100 is close enough with that green one tq
most welcome bro.. i'll be looking for short entry soon on that pair.. not sure it will be triggered as quite far now the price from my preferred entry price..
  • #372,979
  • Apr 23, 2014 4:51am Apr 23, 2014 4:51am
1.680 holds for 1.685 ... is the fairytale I'm telling myself ...

GU H4
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  • #372,980
  • Apr 23, 2014 4:54am Apr 23, 2014 4:54am
Attached Image (click to enlarge)
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20 ema on the 5 min doing its work nicely can we break the low
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