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Cable Update (GBPUSD)

  • #375,741
  • May 5, 2014 3:30am May 5, 2014 3:30am
Quoting albchr
Given the look of the 4H, if I were thinking about buying gold (I'm not) I might like to see a dip to 1287.65 and trade it to 1306.84ish maybe? {image}
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yes i am looking to scalp back or entry long were your numbers are the safe bet is enter long as or if prise comes back to confirm long, as the trend on the 4 hour looks long ,, the smart money was 1299 break out over the 200 but missed it >>> gl
  • #375,742
  • May 5, 2014 3:32am May 5, 2014 3:32am
Quoting JimmyC
{quote} I'm uncomfortable to short gold here, Longer view is up.
yes your right just posted,, we best stay with the trend so wait and buy pullbacks is safer,, we best stop or we will be told off,, lol wrong thread lol
  • #375,743
  • May 5, 2014 3:32am May 5, 2014 3:32am
Quoting chazzle
{quote} GU M15 ... although, this oblique continues to be respected , it converges with the 858 S/R right on time for US news, which will prob. be the point of highest liq. today .... let's see how it pans out ... {image}
Hey Chaz, long time bro. Hope you're doing well.

I'm looking at a similar scalp @ 6853. Just pointed out to me by a really good scalper I respect. I'm a bit hesitant to take anything on this day myself. ...lol
Ghost Rider - WWTBMD?
  • #375,744
  • May 5, 2014 3:41am May 5, 2014 3:41am
GU - Low volatility session

GU15
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  • #375,745
  • May 5, 2014 3:42am May 5, 2014 3:42am
Quoting ruffryders
{quote} two reversal sticks on W1 @ 50 fibo sufficient techs to go LONG GOLD. it's a safe ride for 1350 and then can take a chance 1385 {image}
already up 4 bucks.
  • #375,746
  • May 5, 2014 3:43am May 5, 2014 3:43am
Quoting albchr
{quote} Hey Chaz, long time bro. Hope you're doing well. I'm looking at a similar scalp @ 6853. Just pointed out to me by a really good scalper I respect. I'm a bit hesitant to take anything on this day myself. ...lol
hey mate, all good - keeping myself busy here and there - gorgeous day here in London, early promise of a good summer or a pump and dump from the British weather gods? it wouldn't surprise me ... yeah, could be quiet today - although I've got an EJ short which is just showing signs of green from 14150 - missed the Gold pop - actually got in twice for this move , but took it off for NFP , oh well - always more opps - hope all is well your side fella ... not much sign of Azim these days - too busy mountain biking his way round Malaysia I think
  • #375,747
  • May 5, 2014 3:44am May 5, 2014 3:44am
Quoting ruffryders
{quote} already up 4 bucks.
D1 dollar still getting a good hiding at school of hard knocks.
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  • #375,748
  • May 5, 2014 3:50am May 5, 2014 3:50am
Quoting chazzle
{quote} hey mate, all good - keeping myself busy here and there - gorgeous day here in London, early promise of a good summer or a pump and dump from the British weather gods? it wouldn't surprise me ... yeah, could be quiet today - although I've got an EJ short which is just showing signs of green from 14150 - missed the Gold pop - actually got in twice for this move , but took it off for NFP , oh well - always more opps - hope all is well your side fella ... not much...
Good to hear man. Yeah I'm still waiting for signs of a "real" spring here. Rather cool for this time. Guess the global warming folks turned the dial back a bit?

EJ shows promise to about 141.18ish (scalp wise) I'd think. Azim? Becoming a daddy can alter ones direction and priorities rather quickly. Always nice to see him pop in every now and then though.
Ghost Rider - WWTBMD?
  • #375,749
  • May 5, 2014 3:55am May 5, 2014 3:55am
Looks like dead day to me with Bank Holiday here in UK. Made some £££ on contracts this morning and the weather is good, so I'm off. GL ALL.
  • #375,750
  • May 5, 2014 3:58am May 5, 2014 3:58am
Quoting albchr
EJ shows promise to about 141.18ish (scalp wise) I'd think.
yup - tp just above it, prolly looking at the same thing
Attached Image
  • #375,751
  • May 5, 2014 3:58am May 5, 2014 3:58am
Consolidating, wait until price give more indication
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CPAS-FX Chief Analyst
  • #375,752
  • May 5, 2014 4:02am May 5, 2014 4:02am
Quoting chazzle
{quote} yup - tp just above it, prolly looking at the same thing {image}
... my wishes are with ya.
Ghost Rider - WWTBMD?
  • #375,753
  • May 5, 2014 4:06am May 5, 2014 4:06am
I found some tower tops on usd h4 you might like
I must admit it don't look good the lower support its on is key

Quoting ruffryders
{quote} D1 dollar still getting a good hiding at school of hard knocks. {image}
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #375,754
  • May 5, 2014 6:11am May 5, 2014 6:11am
Quoting chazzle
GU M15 quiet day till NY - bank holiday in UK - but this is still a possible trade for me
took the long from 862 looking for 890 before 830
  • #375,755
  • May 5, 2014 6:33am May 5, 2014 6:33am
Todays action
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  • #375,756
  • May 5, 2014 6:36am May 5, 2014 6:36am
Quoting JimmyC
Todays action {image}
I got tired of watching the paint so I switched to watching the grass grow.
Attached Image
Ghost Rider - WWTBMD?
  • #375,757
  • May 5, 2014 6:39am May 5, 2014 6:39am
Bank holidays should be illegal
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  • #375,758
  • May 5, 2014 6:43am May 5, 2014 6:43am
Quoting GDR3k
Bank holidays should be illegal {image}
LOL... holidays are fine. It's the banks that should be illegal... :nerd:
Ghost Rider - WWTBMD?
  • #375,759
  • May 5, 2014 6:45am May 5, 2014 6:45am
Quoting albchr
{quote} LOL... holidays are fine. It's the banks that should be illegal... :nerd:
holidays are fine, bank holidays aren't

GU long @ 1.6853 is approaching.
  • #375,760
  • May 5, 2014 6:48am May 5, 2014 6:48am
Quoting GDR3k
{quote} holidays are fine, bank holidays aren't GU long @ 1.6853 is approaching.
Might even reach it today ... Long wait for 18 pips...eh?
Ghost Rider - WWTBMD?
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