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Cable Update (GBPUSD)

  • #377,021
  • May 9, 2014 9:43am May 9, 2014 9:43am
compare to what the aud is up too ,much easier read
Attached Image (click to enlarge)
Click to Enlarge Name: gbp AUD w1 9 may (DFB).png Size: 24 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #377,022
  • May 9, 2014 9:46am May 9, 2014 9:46am
Attached Image
  • #377,023
  • May 9, 2014 9:47am May 9, 2014 9:47am
but eu has been consolidating up which is not so good for candle traders ,after consolidation maybe we can expect next move ,
Attached Image (click to enlarge)
Click to Enlarge Name: eur USD w1 (DFB).png Size: 35 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #377,024
  • May 9, 2014 9:49am May 9, 2014 9:49am
Attached Image
  • #377,025
  • May 9, 2014 9:50am May 9, 2014 9:50am
I see how your apetites are rising. yes come on long mother fakas.
  • #377,026
  • May 9, 2014 10:00am May 9, 2014 10:00am
Quoting HDA
Good Morning Forex Factory Members and Guests I am dead dead tired, I am getting too old to stay up late like I did. Traders. As the market moves it ways UP and it waves DOWN for those of you that remember the RED AB swing last night GBP/USD 1.68655 .382 Fib of the most recent RED AB swing 1.68278 .50 Fib of the most recent RED AB swing 1.67859 .618 Fib of the most recent RED AB swing We have pulled back to the .382 just shy of the .50 GBP/USD my Take Profit Remains The Same 1.7000 GBP/CAD my Take Profit remains the same 1.9000 Lets See What Happens,...
timing is everything. and money management. you can be right and if your timing is wrong you can reach marging call. on a uptrend if you are long without timing you can lose big time.
regards
fokyou forexfactory
  • #377,027
  • May 9, 2014 10:09am May 9, 2014 10:09am
Attached Image (click to enlarge)
Click to Enlarge Name: GB.png Size: 129 KB
be careful here looks like we could bounce and take gbus up as it looks like creating a w,, i was 5 pips out with the target
Attached Image (click to enlarge)
Click to Enlarge Name: GBJ.png Size: 94 KB
  • #377,028
  • May 9, 2014 10:09am May 9, 2014 10:09am
GU 4H

Attached Image


Bulls

  1. Either daily sign of reversal (candle pattern)
  2. The 200sma is reactive on this TF
  3. Support @1.67460
  4. Lower oblique rising channel support

My attempt failed


Waiting for lower down

Trade Safe

And

Attached Image


TGIF (toes go in first)
  • #377,029
  • May 9, 2014 10:13am May 9, 2014 10:13am
Its reversed from x.xx30 level

Buy GU with 1.6800 SL
  • #377,030
  • May 9, 2014 10:14am May 9, 2014 10:14am
6850 long sl on manage target 6893 back to the emaes 4 hour posted before 171.40 GBT SL BELOW THE LAST LOW 171.10 TARGET 173ISH
  • #377,031
  • May 9, 2014 10:14am May 9, 2014 10:14am
Quoting Fxtein
Its reversed from x.xx30 level Buy GU with 1.6800 SL
Ghost Rider - WWTBMD?
  • #377,032
  • May 9, 2014 10:17am May 9, 2014 10:17am
Quoting Bones
but eu has been consolidating up which is not so good for candle traders ,after consolidation maybe we can expect next move , {image}
Look at this mess Tony looking tired but the bulls just don't let it go
Attached Image
  • #377,033
  • May 9, 2014 10:26am May 9, 2014 10:26am
Im not familiar with chart ,or even what it is ,certainly trouble at the top ,first glance

Quoting JimmyC
{quote} Look at this mess Tony looking tired but the bulls just don't let it go {image}
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #377,034
  • May 9, 2014 10:29am May 9, 2014 10:29am
Quoting musani
1.6868 touch..& waitting if drop at 1.6832 & it was my 4hr tradline {image}
Let see
Attached Image
GELORE
  • #377,035
  • May 9, 2014 10:30am May 9, 2014 10:30am
Quoting Bones
Im not familiar with chart ,or even what it is ,certainly trouble at the top ,first glance {quote}
$SPX 500 Futures contract

Cheers
  • #377,036
  • May 9, 2014 11:01am May 9, 2014 11:01am
Quoting HDA
Good Morning Forex Factory Members and Guests I am dead dead tired, I am getting too old to stay up late like I did. Traders. As the market moves it ways UP and it waves DOWN for those of you that remember the RED AB swing last night GBP/USD 1.68655 .382 Fib of the most recent RED AB swing 1.68278 .50 Fib of the most recent RED AB swing 1.67859 .618 Fib of the most recent RED AB swing We have pulled back to the .382 just shy of the .50 GBP/USD my Take Profit Remains The Same 1.7000 GBP/CAD my Take Profit remains the same 1.9000 Lets See What Happens,...
Hi HDA and all,

Off soon and done for the week. But I also have 1.68128 based on structure.

Have a good weekend all.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdh459.jpg Size: 179 KB
The world you desire can be won. It exists.. it is real.. it is possible..
  • #377,037
  • May 9, 2014 11:36am May 9, 2014 11:36am
Oh the GBP/USD SHORTS are flyin' high today. Gotta watch them BULL horns, though. It can get NASTY, if not careful!!

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Credit MSN Photos of The Day
  • #377,038
  • May 9, 2014 11:44am May 9, 2014 11:44am
Go Go Go
Attached Image (click to enlarge)
Click to Enlarge Name: gu h4.png Size: 30 KB


Don't Try
  • #377,039
  • May 9, 2014 12:27pm May 9, 2014 12:27pm
Quoting Bones
cad is naturally choppy ,personally I don't like it ,when you have the lovely aud ,but Z what do you think of the doji after such a strong push ,? right next to tl ,and weekly spells lower price {quote} {image}
Hi B,

Well i know you are aggressively short selling pound, good.

Japanese candlesticks traders says when you see the doji a the top sell short with high reliability.when i start studying the candlesticks i was searching on the time frame is there any dudjee at the high level to sell at this price, it is true in some case and not all.
later i knew it is not a reversal it can be only temporarily break of buying.especially in this chart you post it
If i am going long term Gbpcad i can see 2.00 as target.

GL
Z,
If skills could be acquired by watching, every dog would be a butcher. Turk
  • #377,040
  • May 9, 2014 12:38pm May 9, 2014 12:38pm
Hi Z my main postion by far is eur ,but also I have spread risk over 8 pairs ,including nzd usd
gbp cad may be going to 2 ,but not before deeper reatrace imo ,anyway im not trading so I hopoe it goes straight there
On-site guru & also FF member's' psychiatrist, when not drinking tea
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