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Cable Update (GBPUSD)

  • #376,881
  • May 9, 2014 2:30am May 9, 2014 2:30am
Quoting elbert3
{quote} i have a stop reverse at 9235 than we will break the 6900 if this happens still looking at the day to hit the 10 ema thou ,,might see some stalling til just before london ?
as above has kicked in now look to the above post for target THIS IS x 4 lot ,, 20 pips 90% off then as the 16900 area is there plus 200 sma plus 61% fib on chart sl over the previous red candle sl now at 45
  • #376,882
  • May 9, 2014 2:32am May 9, 2014 2:32am
Quoting elbert3
{quote} as above has kicked in now look to the above post for target
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AS ABOVE
  • #376,883
  • May 9, 2014 2:35am May 9, 2014 2:35am
Quoting elbert3
{quote} its in that,,, i want to piss you off stage ,,, if you know what i mean on the 15 min chart
Nothing wrong with 15m/ 1m or 1s charts.
It' how well you know your own trading. I use smaller TF entries for bigger TF directions.
  • #376,884
  • May 9, 2014 2:39am May 9, 2014 2:39am
DX 1H

shorts take note
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  • #376,885
  • May 9, 2014 2:42am May 9, 2014 2:42am
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this one is in conflict could place buy sell orders over and under for a break out at this time 55%short for me
  • #376,886
  • May 9, 2014 2:47am May 9, 2014 2:47am
Quoting tweezer
{quote} Nothing wrong with 15m/ 1m or 1s charts. It' how well you know your own trading. I use smaller TF entries for bigger TF directions.
regards E
  • #376,887
  • May 9, 2014 2:55am May 9, 2014 2:55am
IMO a good short entry today would be Wednesdays NY close price (1.6951 area), yesterday the market hit Tuesdays NY close price to-the-pip before a move back down.
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  • #376,888
  • May 9, 2014 3:02am May 9, 2014 3:02am
Good morning everyone!

Intraday buy stops forming at 1.6945/50
  • #376,889
  • May 9, 2014 3:06am May 9, 2014 3:06am
USD index looked quite solid bouncing off 79.

I think anywhere from current levels to 1.6950 is a good shorting area for this pair.
  • #376,890
  • May 9, 2014 3:08am May 9, 2014 3:08am
Quoting Carlicus
Good morning everyone! Intraday buy stops forming at 1.6945/50
Morning!

Just above the pivot? Fence sitters!
  • #376,891
  • May 9, 2014 3:11am May 9, 2014 3:11am
First Dustbin for the day...

Sold half going to let the rest continue
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  • #376,892
  • May 9, 2014 3:11am May 9, 2014 3:11am
Anyone know where the bids/offers are today for GBP/CAD?
  • #376,893
  • May 9, 2014 3:12am May 9, 2014 3:12am
Broken to the upside. If she can maintain closure on top then the next hurdle is to survive the news and break out of the cloud.
Still looking for short trade setup until higher TF has confirmation for bull.
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  • #376,894
  • May 9, 2014 3:18am May 9, 2014 3:18am
Quoting JimmyC
{quote} Morning! Just above the pivot? Fence sitters!
Yeah, exactly, haha
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  • #376,895
  • May 9, 2014 3:23am May 9, 2014 3:23am
ADDED SHORT 9328
  • #376,896
  • May 9, 2014 3:32am May 9, 2014 3:32am
GBP - Manufacturing Production m/m
Previous: 1.0%
Forecast: 0.3%
Actual : 0.5%
  • #376,897
  • May 9, 2014 3:32am May 9, 2014 3:32am
Quoting elbert3
added short 9328
dangerous
counter trade fo e 25 pips
  • #376,898
  • May 9, 2014 3:38am May 9, 2014 3:38am
GU had good news nut why it goes down??????????
  • #376,899
  • May 9, 2014 3:42am May 9, 2014 3:42am
Quoting isilver
GU had good news nut why it goes down??????????
Sell the news?? End of week profit bookings. Thursday and Fridays are usually reversal days. When everyone is bullish it drops and when everyone is bearish it gains.
  • #376,900
  • May 9, 2014 3:43am May 9, 2014 3:43am
Quoting elbert3
{quote} dangerous counter trade fo e 25 pips
tell me whos the boy now day chart stop white 10 ema below 1900 it could be 1700 out 68975 ????
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