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Cable Update (GBPUSD)

  • #376,661
  • May 8, 2014 7:01am May 8, 2014 7:01am
Reversal? Or Channel continuation... You decide
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  • #376,662
  • May 8, 2014 7:03am May 8, 2014 7:03am
Quoting Kajos2250
GU H4 GMT Last bullish H4 engulfing is the first sign to continue the bullsih trend! The broken counter down trend line is under testing, it seesm to me it is ready to touch the next resistance ~7038! Do not forget "Trend is your friend!" Good luck! {image} {image}
GU H4 GMT

After the bullish engulfing the pinbar shows the strength of bulls on the trend side!
Do not fight the trend!

Good luck!
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Anything is math!
  • #376,663
  • May 8, 2014 7:05am May 8, 2014 7:05am
Quoting ruffryders
{quote} true GU looks suspect to some more downside and follow through move after the EU was pumped and dumped.
In short @ 69605 20 pip stop
  • #376,664
  • May 8, 2014 7:05am May 8, 2014 7:05am
Quoting whitescalper
was able to close both shorts 6842/6829 and decided to open a new short right now shorting at 1.6874

adding here one more 1.6957

short 1.6874 & 1.6957
  • #376,665
  • May 8, 2014 7:08am May 8, 2014 7:08am
Quoting Kajos2250
{quote} GU H4 GMT After the bullish engulfing the pinbar shows the strength of bulls on the trend side! Do not fight the trend! Good luck! {image}
Just out of curiosity, which broker do you have? Because the candles in my 4h chart look totally different. Mine is IC Markets, ECN
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  • #376,666
  • May 8, 2014 7:11am May 8, 2014 7:11am
proper H4 is this (SAXO feed). there is no pin bar but.
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  • #376,667
  • May 8, 2014 7:11am May 8, 2014 7:11am
Off topic - AU needs to hold support at 0.9362 please.
Ghost Rider - WWTBMD?
  • #376,668
  • May 8, 2014 7:12am May 8, 2014 7:12am
yeah I guess GU is never going down. It makes no sense what so ever but gl finding logic in forex.
  • #376,669
  • May 8, 2014 7:13am May 8, 2014 7:13am
Quoting Carlicus
{quote} Just out of curiosity, which broker do you have? Because the candles in my 4h chart look totally different. Mine is IC Markets, ECN {image}
Caouse your broker uses other GMT than mine.
Yours can be GMT+3 (NY close), i think...
Anything is math!
  • #376,670
  • May 8, 2014 7:14am May 8, 2014 7:14am
Quoting GDR3k
{quote} In short @ 69605 20 pip stop
... watching the Beast bro? She's getting closer.
Ghost Rider - WWTBMD?
  • #376,671
  • May 8, 2014 7:15am May 8, 2014 7:15am
dragon h4 is at decent support and green overall. Positive for gu.
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  • #376,672
  • May 8, 2014 7:16am May 8, 2014 7:16am
Quoting Kajos2250
{quote} Caouse your broker uses other GMT than mine. Yours can be GMT+3 (NY close), i think...
your feed looks crooked. check saxo or dukas.
  • #376,673
  • May 8, 2014 7:16am May 8, 2014 7:16am
Probably the H4 close GMT for GU woud be the best GMT+1!
All over for the daily close the best is NY close, in my anlysis.
Anything is math!
  • #376,674
  • May 8, 2014 7:17am May 8, 2014 7:17am
Quoting albchr
{quote} ... watching the Beast bro? She's getting closer.
yep, don't think i'll be bothering with that GJ short from earlier, I am interested in my EJ long order @ 140.713
  • #376,675
  • May 8, 2014 7:18am May 8, 2014 7:18am
Quoting Kajos2250
{quote} Caouse your broker uses other GMT than mine. Yours can be GMT+3 (NY close), i think...
Yeah, I was thinking about that also. Mine is GMT+3
  • #376,676
  • May 8, 2014 7:20am May 8, 2014 7:20am
Quoting ruffryders
{quote} your feed looks crooked. check saxo or dukas.
I think everybody should use that can read!
I use GMT+3 too...
Attached Image (click to enlarge)
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Anything is math!
  • #376,677
  • May 8, 2014 7:22am May 8, 2014 7:22am
Attached Image (click to enlarge)
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this is danger trading when emas are flat the way i see them orange 50 on top red 20 middle white 10 bottom this is short signal but it is flat and the market is indecisive the tren day is up, but we are counter trading to a touch of an ema which is on the day the 10 ema in white,, see the post before this one
  • #376,678
  • May 8, 2014 7:22am May 8, 2014 7:22am
Quoting GDR3k
{quote} yep, don't think i'll be bothering with that GJ short from earlier, I am interested in my EJ long order @ 140.713
I've been watching 140.652 if it clears the 61.8% at 140.976
Ghost Rider - WWTBMD?
  • #376,679
  • May 8, 2014 7:24am May 8, 2014 7:24am
Quoting albchr
{quote} I've been watching 140.652 if it clears the 61.8% at 140.976
Aye that's the area I've got my eye on, added a few pips on because my longs have been missed by a pip or so lately
  • #376,680
  • May 8, 2014 7:28am May 8, 2014 7:28am
Quoting GDR3k
{quote} Aye that's the area I've got my eye on, added a few pips on because my longs have been missed by a pip or so lately
Yes very true. It's been frustrating to say the least on the longs. For me it's the darn fractional varying spreads. No way to be sure what they are when it gets there so adding 10/20 might do it?
Ghost Rider - WWTBMD?
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