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Cable Update (GBPUSD)

  • #375,801
  • May 6, 2014 1:20am May 6, 2014 1:20am
Quoting JimmyC
GU 1H Popped up through the trend line during the Asian session however closed below 1.68715, new swing high forms a high low, would expect a new low during todays trading as always will let the PA decide. The new low would confirm a short term bearish bias Note services PMI in 3 hrs Trade safe {image}
.... .....
Ghost Rider - WWTBMD?
  • #375,802
  • May 6, 2014 1:25am May 6, 2014 1:25am
Quoting albchr
{quote} .... .....
first real trading day for a while... who blinks first
DX is near support... will see if it matter shortly
  • #375,803
  • May 6, 2014 1:29am May 6, 2014 1:29am
Quoting JimmyC
{quote} first real trading day for a while... who blinks first DX is near support... will see if it matter shortly
DX is out to fry some pancakes.
  • #375,804
  • May 6, 2014 1:43am May 6, 2014 1:43am
Quoting ruffryders
{quote} DX is out to fry some pancakes.
frying pancakes and nachos, DX style. 79 can provide support now.
Attached Image (click to enlarge)
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  • #375,805
  • May 6, 2014 1:49am May 6, 2014 1:49am
Quoting JimmyC
{quote} first real trading day for a while... who blinks first DX is near support... will see if it matter shortly
Yeah, I'm still sleeping here so not too deep into things yet. I still think a retrace before resuming up trend but I could certainly be wrong. I'll know better after some more PA and MORE coffee...LOL

Smells like the Frankfurt fake to me?
Ghost Rider - WWTBMD?
  • #375,806
  • May 6, 2014 1:53am May 6, 2014 1:53am
Quoting albchr
{quote} Yeah, I'm still sleeping here so not too deep into things yet. I still think a retrace before resuming up trend but I could certainly be wrong. I'll know better after some more PA and MORE coffee...LOL Smells like the Frankfurt fake to me?
Yup
  • #375,807
  • May 6, 2014 1:53am May 6, 2014 1:53am
Quoting ruffryders
{quote} frying pancakes and nachos, DX style. 79 can provide support now. {image}
yr up late or early
  • #375,808
  • May 6, 2014 1:53am May 6, 2014 1:53am
Quoting albchr
{quote} Yeah, I'm still sleeping here so not too deep into things yet. I still think a retrace before resuming up trend but I could certainly be wrong. I'll know better after some more PA and MORE coffee...LOL Smells like the Frankfurt fake to me?
it's 6900 already Chris.
  • #375,809
  • May 6, 2014 1:54am May 6, 2014 1:54am
Quoting JimmyC
{quote} yr up late or early
12 pm here on Maldives.
  • #375,810
  • May 6, 2014 1:57am May 6, 2014 1:57am
Quoting ruffryders
{quote} it's 6900 already Chris.
Watching closely ruff
Ghost Rider - WWTBMD?
  • #375,811
  • May 6, 2014 2:05am May 6, 2014 2:05am
Quoting albchr
{quote} Watching closely ruff
barclays big beat on earnings.
  • #375,812
  • May 6, 2014 2:06am May 6, 2014 2:06am
Quoting JimmyC
GU 1H Popped up through the trend line during the Asian session however closed below 1.68715, new swing high forms a high low, would expect a new low during todays trading as always will let the PA decide. The new low would confirm a short term bearish bias Note services PMI in 3 hrs Trade safe {image}
1,69 new high low, so reaction to 1,68 would confim long term bearish bias...
  • #375,813
  • May 6, 2014 2:08am May 6, 2014 2:08am
Quoting ruffryders
{quote} barclays big beat on earnings.
Unfortunately, that means about this much to me?

Also keep in mind I'm not a position trader. If I could be, I'd be sitting on longs for a while now. I'd be better at it but can't afford that yet.
Ghost Rider - WWTBMD?
  • #375,814
  • May 6, 2014 2:11am May 6, 2014 2:11am
Quoting Pippuz
{quote} 1,69 new high low, so reaction to 1,68 would confim long term bearish bias...
yeah. serve chilled, top it off with ice and some CNBC propoganda.
Attached Image
  • #375,815
  • May 6, 2014 2:12am May 6, 2014 2:12am
Quoting Pippuz
{quote} 1,69 new high low, so reaction to 1,68 would confim long term bearish bias...
Short term (retrace) in my humble opinion. Trade safe
Ghost Rider - WWTBMD?
  • #375,816
  • May 6, 2014 2:14am May 6, 2014 2:14am
Quoting albchr
{quote} Unfortunately, that means about this much to me? Also keep in mind I'm not a position trader. If I could be, I'd be sitting on longs for a while now. I'd be better at it but can't afford that yet.
corps in EU/UK reporting earnings, some beat handily, supporting GU/EU.
  • #375,817
  • May 6, 2014 2:17am May 6, 2014 2:17am
Attached Image
  • #375,818
  • May 6, 2014 2:17am May 6, 2014 2:17am
short order this morning 6963 and 6940 back to 6820
  • #375,819
  • May 6, 2014 2:18am May 6, 2014 2:18am
what happened to the guy, who's short london desk on GU holiday? got wasted, short sold, today the boss will be happy.
Attached Image
  • #375,820
  • May 6, 2014 2:20am May 6, 2014 2:20am
Quoting ruffryders
{quote} corps in EU/UK reporting earnings, some beat handily, supporting GU/EU.
Gotcha Thanks ruff .... bit by bit I learn the fundie side. No doubt she's climbing hard now.
Ghost Rider - WWTBMD?
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