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Cable Update (GBPUSD)

  • #376,221
  • May 7, 2014 12:22am May 7, 2014 12:22am
Quoting albchr
{quote} morning kajos2250, is eur/gbp a trending pair to you?
morning, i dont blame you for going when you did last night,, i would of not been so polite .. I like them sort of people to stand in front of me and say what they say,, i tell you they dont last long,,, regards e
  • #376,222
  • May 7, 2014 12:23am May 7, 2014 12:23am
Quoting ruffryders
Morning traders. Anyone got ideas, what's up on GBPJPY? I kinda don't like 173 multiple rejections. For sustained GU move towards 7200-7400, this sucker gotta break above 173 soon. {image}
That said it 4 rejections we should expect to take the 5th
  • #376,223
  • May 7, 2014 12:23am May 7, 2014 12:23am
Quoting ruffryders
GU longs, don't forget to bring your pip bags with you. {image}

GU at 1.69824 ... will post it frequently ... for your record
Equities open and promptly sell off
  • #376,224
  • May 7, 2014 12:26am May 7, 2014 12:26am
Quoting elbert3
{quote} i have the day long,, 4,1,h,30min 15 min all showing short ..{image} the yellow 50 is trying to top the other 2 price needs to touch one of the emas for a entry ,,,
yeah, this SOB can drag GU down, if it breaks below key TL, still 4 failed tests, don't mean it won't break out in the end. especially, provided that GJ can be a fairly decent carry trade in the nearby future.
  • #376,225
  • May 7, 2014 12:27am May 7, 2014 12:27am
Quoting ruffryders
gu longs, don't forget to bring your pip bags with you. {image}
Attached Image (click to enlarge)
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this was the trade , i missed the break out,, posted monday a possible 200 pips,,
  • #376,226
  • May 7, 2014 12:28am May 7, 2014 12:28am
Quoting ruffryders
Morning traders. Anyone got ideas, what's up on GBPJPY? I kinda don't like 173 multiple rejections. For sustained GU move towards 7200-7400, this sucker gotta break above 173 soon. {image}
Morning Ruff,

Looking at my dragon slayer screen here, it's a mix right now for me. But "thinking" the GBP will rise faster than the dollar falls (at this point?), GU "should" drag the beast upward and I'd think take out that stubborn 173 barrier finally. Those are my before coffee thoughts, not laying any trades on it yet.
Attached Image (click to enlarge)
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Ghost Rider - WWTBMD?
  • #376,227
  • May 7, 2014 12:29am May 7, 2014 12:29am
Quoting JimmyC
{quote} That said it 4 rejections we should expect to take the 5th
Jimmy, my thinking, is that UJ will find support @ 100.80-101.10 area, stabilize there, and same time GU rallies/break above 7000.
This should allow for GJ to take out that nasty 173 barricade.
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  • #376,228
  • May 7, 2014 12:31am May 7, 2014 12:31am
Quoting albchr
{quote} Morning Ruff, Looking at my dragon slayer screen here, it's a mix right now for me. But "thinking" the GBP will rise faster than the dollar falls (at this point?), GU "should" drag the beast upward and I'd think take out that stubborn 173 barrier finally. Those are my before coffee thoughts, not laying any trades on it yet. {image}
Morning boss! Yeah, I'd stay aside on GJ until UJ finds decent supports. Not that I'm trading it now - but will start autumt 2014, currently just getting back in sync with the whole GBP crosses basket.
  • #376,229
  • May 7, 2014 12:32am May 7, 2014 12:32am
meanwhile elsewhere EURUSD building nice support base @ 3900-20 area. see how it pans out.
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  • #376,230
  • May 7, 2014 12:33am May 7, 2014 12:33am
Quoting ruffryders
{quote} yeah, this sob can drag gu down, if it breaks below key tl, still 4 failed tests, don't mean it won't break out in the end. Especially, provided that gj can be a fairly decent carry trade in the nearby future.
yes it could go 171 and i just joined you long camp,, co,,,,k i am lol ,,it on the 1 hour ,,price might come up,to the 100 ema that might take gbus to 1702 then short it 171, 75
  • #376,231
  • May 7, 2014 12:35am May 7, 2014 12:35am
Quoting elbert3
{quote} yes it could go 171 and i just joined you long camp,, co,,,,k i am lol ,,it on the 1 hour ,,price might come up,to the 100 ema that might take gbus to 1702 then short it 171, 75
great, welcome to the club! Bring it, all the way to 7060 and then some more (although naturally, a pullback would be a healthy thing). Will repeat this again - just don't go parabolic yet, GU SOB.
  • #376,232
  • May 7, 2014 12:36am May 7, 2014 12:36am
Quoting elbert3
{quote} morning, i dont blame you for going when you did last night,, i would of not been so polite .. I like them sort of people to stand in front of me and say what they say,, i tell you they dont last long,,, regards e
Good morning Elbert,

Not sure what you mean? I left as I had been at this screen, and on the forum for over 18 hours and had things to do. I don't think anyone was particularly rude last night. At least not intentionally? If you refer to Hoom, I think he was trying to be nice but the words were ...odd? LOL

Anyway, even if folks are rude, I always "try" to be polite.
Ghost Rider - WWTBMD?
  • #376,233
  • May 7, 2014 12:37am May 7, 2014 12:37am
GU Daily

Bored with the chart
Holding for 1.7 / `1.705
DX continuation of downside breakout pattern continues to call for downside weakness

Major Indexes are dropping gently...
  • #376,234
  • May 7, 2014 12:38am May 7, 2014 12:38am
Quoting ruffryders
meanwhile elsewhere eurusd building nice support base @ 3900-20 area. See how it pans out. {image}
going short 172.25 to 171.92 ??? Lets see
  • #376,235
  • May 7, 2014 12:38am May 7, 2014 12:38am
Quoting albchr
{quote} Good morning Elbert, Not sure what you mean? I left as I had been at this screen, and on the forum for over 18 hours and had things to do. I don't think anyone was particularly rude last night. At least not intentionally? If you refer to Hoom, I think he was trying to be nice but the words were ...odd? LOL Anyway, even if folks are rude, I always "try" to be polite.
That's true, I'm completely opposite. Hammer them nastys hard.
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  • #376,236
  • May 7, 2014 12:40am May 7, 2014 12:40am
Quoting elbert3
{quote} going short 172.25 to 171.92 ??? Lets see
On GJ short side I'd recommend you TP @ 171.55
  • #376,237
  • May 7, 2014 12:40am May 7, 2014 12:40am
Quoting albchr
{quote} good morning elbert, not sure what you mean? I left as i had been at this screen, and on the forum for over 18 hours and had things to do. I don't think anyone was particularly rude last night. At least not intentionally? If you refer to hoom, i think he was trying to be nice but the words were ...odd? Lol anyway, even if folks are rude, i always "try" to be polite.
yes you were ,, you are to polite to see he was taking the piss,, could get a second opinion .. Regards
  • #376,238
  • May 7, 2014 12:43am May 7, 2014 12:43am
Quoting ruffryders
{quote} On GJ short side I'd recommend you TP @ 171.55
OK DOLLAR SIDE BET HIT ONE OF THE Xs lol
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  • #376,239
  • May 7, 2014 12:46am May 7, 2014 12:46am
Quoting ruffryders
{quote} That's true, I'm completely opposite. Hammer them nastys hard. {image}
Really?? .. I hadn't noticed... ....
Ghost Rider - WWTBMD?
  • #376,240
  • May 7, 2014 12:49am May 7, 2014 12:49am
Quoting elbert3
{quote} yes you were ,, you are to polite to see he was taking the piss,, could get a second opinion .. Regards
I saw it. But did you notice that he backed off even after my "politeness"??

My grandfather told me, try to win them with kindness "first". If that don't work, the gloves come off.
Ghost Rider - WWTBMD?
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