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Cable Update (GBPUSD)

  • #374,901
  • May 1, 2014 4:24am May 1, 2014 4:24am
Quoting albchr
{quote} Not sure we'll see too much more "this week" but I could be wrong.
this is looking like it wants to get back to 6875 pp now 6904 x 4 lot
  • #374,902
  • May 1, 2014 4:24am May 1, 2014 4:24am
Quoting JimmyC
Feeling brave? Want to trade before FOMC? Sure the market wont be surprised? Know whats in Aunty Janets minutes? Sure the DX will fall on FOMC release? Sure equities will continue north after data release? Do you know that all you need is your chart.... The fundamentals wont change the picture? Then this one is for you... {image}
Closed
  • #374,903
  • May 1, 2014 4:26am May 1, 2014 4:26am
Quoting elbert3
{quote} trying that above sell order eur usd 3902 sl 6913 target 6890
off 6898 14 pips x 4 it might come back to 6902 then sell it again
  • #374,904
  • May 1, 2014 4:26am May 1, 2014 4:26am
Quoting JimmyC
{quote} Closed
That was a new 5yr high btw
  • #374,905
  • May 1, 2014 4:28am May 1, 2014 4:28am
Guys, have a funny feeling that GBP/USD is going to be crossing 1.6800 for a bear decent by tomorrow afternoon.

Don't count on that funny feeling, just
thought of sharing it 😊
I wish I could time travel, I'd be "very" rich
  • #374,906
  • May 1, 2014 4:28am May 1, 2014 4:28am
ARE YOU STILL BEARISH GUYS!!??
  • #374,907
  • May 1, 2014 4:29am May 1, 2014 4:29am
Quoting Beli
{quote} ???
check Schickeria thread
  • #374,908
  • May 1, 2014 4:29am May 1, 2014 4:29am
Quoting Ryan3645
Guys, have a funny feeling that GBP/USD is going to be crossing 1.6800 for a bear decent by tomorrow afternoon. Don't count on that funny feeling, just thought of sharing it 😊
  • #374,909
  • May 1, 2014 4:30am May 1, 2014 4:30am
Quoting Red Alert
{quote} are you bought already or just thinking .............. good luck...
No Red I'm flat. Nice round number of 6900 is a place to "watch" price reaction. Patience is key here. Could provide some short scalps on a retrace or keep marching north. Or, quite likely, just hang here and wait for Yellen to open her yap and UP numbers at 8:30.
Ghost Rider - WWTBMD?
  • #374,910
  • May 1, 2014 4:31am May 1, 2014 4:31am
GU 1H

Short scalp setup
-ve divergence
inv hammer forming - requires confirmation
overbought

EDIT: R/R doesn't work, wait for retrace
Attached Image
  • #374,911
  • May 1, 2014 4:32am May 1, 2014 4:32am
Quoting elbert3
{quote} off 6898 14 pips x 4 it might come back to 6902 then sell it again
sold 6902 sl 905 x4 target 6890
  • #374,912
  • May 1, 2014 4:32am May 1, 2014 4:32am
Quoting nAVIN2007
{quote} hi charles u might have a great trade..good call regardless i think its worth the chance
Hi Navin

As I said two days ago, I am still bullish and keep my longs to get higher levels.

I'd be happy to know your analysis, mate.
  • #374,913
  • May 1, 2014 4:33am May 1, 2014 4:33am
Quoting elbert3
{quote} sold 6902 sl 905 x4
sl 905 might be risky
  • #374,914
  • May 1, 2014 4:34am May 1, 2014 4:34am
have seen 2 sources saying offers 6920/25 and 3 sources saying offers at 6940/50 - one of them saying 'corporate offers' there ?

best wishes.
it's all gone a bit........
  • #374,915
  • May 1, 2014 4:36am May 1, 2014 4:36am
Quoting ruffryders
{quote}

Okay, I am happy to put a bet on it, if it crosses 1.6800 by tomorrow afternoon, I am


the King ie your King, if I loose, every time I post I'll introduce myself with, The idiot of


all idiots who is seriously retarded wants to say blah blah.......
I wish I could time travel, I'd be "very" rich
  • #374,916
  • May 1, 2014 4:38am May 1, 2014 4:38am
Quoting albchr
{quote} No Red I'm flat. Nice round number of 6900 is a place to "watch" price reaction. Patience is key here. Could provide some short scalps or keep marching north. Or, quite likely, just hang here and wait for Yellen to open her yap and UP numbers at 8:30.
Very good mate,
lately Yellen made bad impact for USD, ...
but i don't know what next....

we have some level to buy, in case cable creating a pullback later,

1.6875
1.6845
1.6820
1.6805
  • #374,917
  • May 1, 2014 4:38am May 1, 2014 4:38am
Quoting nAVIN2007
{quote} hi charles u might have a great trade..good call regardless i think its worth the chance
cheers mate, new price territory ... >1.69 perhaps not so straightforward , some mom. divergence also - we'll see
  • #374,918
  • May 1, 2014 4:39am May 1, 2014 4:39am
Quoting Ryan3645
{quote} Okay, I am happy to put a bet on it, if it crosses 1.6800 by tomorrow afternoon, I am the King ie your King, if I loose, every time I post I'll introduce myself with, The idiot of all idiots who is seriously retarded wants to say blah blah.......
Ohhhhh... mark this post folks.
Ghost Rider - WWTBMD?
  • #374,919
  • May 1, 2014 4:39am May 1, 2014 4:39am
Quoting Ryan3645
{quote} Okay, I am happy to put a bet on it, if it crosses 1.6800 by tomorrow afternoon, I am the King ie your King, if I loose, every time I post I'll introduce myself with, The idiot of all idiots who is seriously retarded wants to say blah blah.......
GU is not going to 6800 boss. POsted this D1 a while ago. still valid.
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  • #374,920
  • May 1, 2014 4:41am May 1, 2014 4:41am
Quoting albchr
{quote} Ohhhhh... mark this post folks.
the king of the burger.
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