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Cable Update (GBPUSD)

  • #374,501
  • Apr 30, 2014 11:15am Apr 30, 2014 11:15am
Quoting nAVIN2007
{quote} I hope yur wife comes back early and beats u
@nAVIN2007:

It's me, HDA, your very REAL friend. Please don't turn your back on me. I am with you, just the same in your time loss.



Dear GOD,



Please watch over my friend nAVIN2007 as he is going through this very difficult time with his trade. I know its only money LORD, but please, I beg of you, carry his pain and burden for him and if you need my help LORD, I will help you too, to carry some of nAVIN2007's pain.

I am and will always remain nAVIN2007's REAL friend.

AMEN

HDA OUT
  • #374,502
  • Apr 30, 2014 11:16am Apr 30, 2014 11:16am
Conservative target and tight stop.

If we get down to 6750 area next week, it looks like support to me.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbpusdh1.png Size: 29 KB
Click to Enlarge Name: gbpusdh4.png Size: 31 KB
Click to Enlarge Name: gbpusddaily.png Size: 34 KB
Come with me if you want to live....
  • #374,503
  • Apr 30, 2014 11:18am Apr 30, 2014 11:18am
Quoting HDA
{quote} @nAVIN2007: It's me, HDA, your very REAL friend. Please don't turn your back on me. I am with just the same in your time loss. Dear GOD, Please watch over my friend nAVIN2007 as he is going through this very difficult time with his trade. I know its only money LORD, but please, I beg of you, carry his pain and burden for him and if you need my help LORD, I will help you too, to carry some of nAVIN2007's pain. I am and will always remain nAVIN2007's REAL friend. AMEN HDA OUT
thanks for the blessing man..i wont lie i need them
  • #374,504
  • Apr 30, 2014 11:19am Apr 30, 2014 11:19am
A chart for everyone looking to buy the 'breakout' and looking for pullbacks.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdh4.png Size: 100 KB
  • #374,505
  • Apr 30, 2014 11:19am Apr 30, 2014 11:19am
Quoting Ill-b-back
Conservative target and tight stop. If we get down to 6750 area next week, it looks like support to me. {image} {image} {image}
me too I couldnt help to take that short for some pips although I am overall waiting for 6930 at least to start building up my shorts.
Get Rich or Die Tryin
  • #374,506
  • Apr 30, 2014 11:20am Apr 30, 2014 11:20am
Quoting ffleo
{quote} I see a rising wedge in your chart, a pattern normally for a drop. {image}
Well, this is what i see from GBP
You can still earn pips from shorts mate..
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.png Size: 38 KB
Tdk ada yang salah dengan seekor Gagak. Dibandingkan burung yang terkurung
  • #374,507
  • Apr 30, 2014 11:22am Apr 30, 2014 11:22am
Quoting HDA
{quote} @giveachance: I really like you. You speak with so much conviction. You remind me of myself sometimes. Trade your plan and make those pips HDA OUT
thanks HDA and I don't need to say green pips to you. You are always in green
  • #374,508
  • Apr 30, 2014 11:24am Apr 30, 2014 11:24am
Quoting Ill-b-back
Conservative target and tight stop. If we get down to 6750 area next week, it looks like support to me. {image} {image} {image}
Keep a tight eye on her buddy. With FOMC right around the corner today, regardless of which way it goes (I remain bullish longer term) there will at least be some spikes I imagine. I'm hoping for 30ish pips from this 6891 short. More would be great. But 6750? I could only pray for that.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdh1.png Size: 52 KB
Ghost Rider - WWTBMD?
  • #374,509
  • Apr 30, 2014 11:26am Apr 30, 2014 11:26am
Quoting hoom
{quote} me too I couldnt help to take that short for some pips although I am overall waiting for 6930 at least to start building up my shorts.
Funnily enough, I've developed an aversion to shorting this pair very recently lol.., but I like this one just for a few.

I'm waiting until 1.73xx large resistance area for any medium term shorts, but will take any shorter term opportunities as they magically appear...


but man, I'm itching to get in long when I can on a decent pullback.
Come with me if you want to live....
  • #374,510
  • Apr 30, 2014 11:28am Apr 30, 2014 11:28am
price last broke away from the 20 ema on the day chart, it is 241 pips away now,, price does not like to be away from the 2o ema so is this area is now resistance 6901,, the last time was 16660, so 50% retracement is 1.6779 now,, so lets say give or take a few pips the 20 ema is sitting at 6774 ,, so if we get a retrace one could look to this level ??? but the resistance should of been 6907 ?? just an opinion
  • #374,511
  • Apr 30, 2014 11:29am Apr 30, 2014 11:29am
Quoting elbert3
price last broke away from the 20 ema on the day chart, it is 241 pips away now,, price does not like to be away from the 2o ema so is this area is now resistance 6901,, the last time was 16660, so 50% retracement is 1.6779 now,, so lets say give or take a few pips the 20 ema is sitting at 6774 ,, so if we get a retrace one could look to this level ??? but the resistance should of been 6907 ?? just an opinion
  • #374,512
  • Apr 30, 2014 11:33am Apr 30, 2014 11:33am
Quoting giveachance
{quote}
do you use the 20 ema ?GC
  • #374,513
  • Apr 30, 2014 11:33am Apr 30, 2014 11:33am
Forex Factory Members and Guests


I'm stepping out to grab some lunch, will be back for FOMC.

I would like to see if my new friend giveachance, as he trades short, is going to get his wish.

(nAVIN2007, i hope you don't mind, I make friends easily)


Quoting giveachance
will add more. I am determined to slap it to hell




HDA OUT
  • #374,514
  • Apr 30, 2014 11:35am Apr 30, 2014 11:35am
Quoting albchr
{quote} Keep a tight eye on her buddy. With FOMC right around the corner today, regardless of which way it goes (I remain bullish longer term) there will at least be some spikes I imagine. I'm hoping for 30ish pips from this 6891 short. More would be great. But 6750? I could only pray for that. {image}
Oh yeah I'm bullish also, just got to pick our spot

If FOMC vaguely hints at a possible slim chance of a discussion about possible policy change sometime in the future (IF) data is supportive


and tomorrows numbers are good.....


she could drop 100+ easy, especially if the media creates its usual circus frenzy of interest rate rise certainty just over the next hill

lol......
Come with me if you want to live....
  • #374,515
  • Apr 30, 2014 11:36am Apr 30, 2014 11:36am
Just cut loss my short position. I think GU will skyrocket today
  • #374,516
  • Apr 30, 2014 11:41am Apr 30, 2014 11:41am
Quoting Ill-b-back
{quote} Oh yeah I'm bullish also, just got to pick our spot If FOMC vaguely hints at a possible slim chance of a discussion about possible policy change sometime in the future (IF) data is supportive and tomorrows numbers are good..... she could drop 100+ easy, especially if the media creates its usual circus frenzy of interest rate rise certainty just over the next hill lol......
I will but cannot disagree with that definitely sure possibility of vaguely firm yet positive steps to be taken at a probable time in the distant near future either.
Ghost Rider - WWTBMD?
  • #374,517
  • Apr 30, 2014 11:42am Apr 30, 2014 11:42am
Quoting albchr
{quote} Keep a tight eye on her buddy. With FOMC right around the corner today, regardless of which way it goes (I remain bullish longer term) there will at least be some spikes I imagine. I'm hoping for 30ish pips from this 6891 short. More would be great. But 6750? I could only pray for that. {image}
I'm not targeting 6750 for short by the way, no where near it.

But it is an area of interest to buy if we get there, depending on PA of course...
Come with me if you want to live....
  • #374,518
  • Apr 30, 2014 11:43am Apr 30, 2014 11:43am
Quoting albchr
{quote} I cannot disagree with that definitely sure possibility of a vaguely firm but yet positive steps to be taken at a probable time in the distant near future either.
It's called FORWARD GUIDANCE brother

Come with me if you want to live....
  • #374,519
  • Apr 30, 2014 11:48am Apr 30, 2014 11:48am
Quoting Ill-b-back
{quote} I'm not targeting 6750 for short by the way, no where near it. But it is an area of interest to buy if we get there, depending on PA of course...
Oh absolutely bro. I'd sell the Harley..no wait, sold that already...I'd sell my tools...no there gone too...Oh hell I'd sell something to buy big down there if it gets there.
Ghost Rider - WWTBMD?
  • #374,520
  • Apr 30, 2014 11:50am Apr 30, 2014 11:50am
Quoting Ill-b-back
{quote} It's called FORWARD GUIDANCE brother
Well then, that would explain why this BACKWARDS old woodworker doesn't understand it. Thanks for clearing that up for me bro.
Ghost Rider - WWTBMD?
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