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Cable Update - Continued 61 replies

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Cable Update (GBPUSD)

Quoting davit
{quote} if pa does go to 68 i'll bail out.thurs is unemployment numbers.last month it surged forcefully up and prefer not experiancing the same. Regards
looks like 840,,6812, support then 6780 ,,the last number is the 200 on the chart ,for profit targets,,eur news 10 mins now see if eur brings it downhttp://www.fxstreet.com/analysis/trading-positions/ FOR BUY POSITIONS AT 6780 AND A LOT OF SELL EURUSD
bearish time
no other killers to me but emotion
Quoting elbert3
morning just up added shorts 6860 order
20 pips will get me to the support area 6840, look to break then 6812, OTHER SHORT WAS TAKEN YESTERDAY 6850 X 4 LOT THIS ONE 6785 WILL BE GREAT BUT I CANT SEE IT ON THIS LEG DOWN
Quoting elbert3
{quote} morning see my sunday posts 5 charts targets marked ,, just looking to see if eurusd will break out below 13744 13774 seems to be holding it going long,, i think this will only happen if it is given a catalyst to help it for now 3800 might be capped,again depending on news .gb would be nice 6750 area for now ,,regards e
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looks like it could break down to the 200, this could be a good buy area as the price will be far away from the 10 and 20 ema,,
a break above 1.6870 should takes us back up around 1.6970 mark
Quoting elbert3
{quote} {image} looks like it could break down to the 200, this could be a good buy area as the price will be far away from the 10 and 20 ema,,
well respected level with a pin bar on deck. I think so! back up we go.
Could see 6820 area one more time
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All posts are my personal opinion
Quoting PoundTrader
a break above 1.6870 should takes us back up around 1.6970 mark
...bite your tongue PT.... I'm short scalping the dragon right now...
Ghost Rider - WWTBMD?
GBPUSD buy @1.6870
Sell @ 1.630

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Buy confirmed

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Howzit GU!

DX Daily... Interesting

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GU Daily

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some one please confirm. if your are long gbpusd, overnite swap will be negative right?
Quoting mamalujo
some one please confirm. if your are long gbpusd, overnite swap will be negative right?
i think is positive. If not mistaken
Quoting Mic85
{quote} i think is positive. If not mistaken
i took GU long from 6840 on friday and i had negative swap @ market close.
No long showing yet for me break yesterdays low, or double bottom, break the low 6780 is a good buy area i think GBJ LOOKS LIKE IT HAD A FAIL,, LOOK TO 170 ARE NOW I A M SHORT ON THAT ONE
Quoting elbert3
no long showing yet for me break yesterdays low, or double bottom, break the low 6780 is a good buy area i think gbj looks like it had a fail,, look to 170 are now i a m short on that one
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lets see if the target gets hit
Quoting mamalujo
some one please confirm. if your are long gbpusd, overnite swap will be negative right?
Since GBP interest rate is 0.5% and USD is 0.25% ... If you are long GBP, the swap "should" be positive.
However this depends on your broker. On my broker I'm paid negative swaps both long and short GBPUSD.

Let me show you another example: the interest rate for the turkish lira is 10%, so if you are short USD/TRY (or which is the same, you're long TRY) then you'll be paid positive swaps.

You can check central bank interest rates here, and your broker should have a web page informing you of the swaps.
Quoting mamalujo
some one please confirm. if your are long gbpusd, overnite swap will be negative right?
swap always negative. most brokers dont give positive swap. on gu almost all brokers give neg.swap.
i change my broker cause he took too expensive swap. there was 5 positions that i kept almost 6 months and the swap was almost 15% of my capital. its better to choose another broker with low swap.
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looking at a possible trend channel short ?? Depending on the us news ideal to hit 6780 before the nes,, scenarios 1 , good news usd then break don to the bottom 6660 area ,,2. Bad news ,usd we have to break the 1690 again then go long 7720 area, on the day looking to the 5o ema support , a break there then 6660 devils hole ...lol
I think i will long at 6700. its not bad deal with profit at 6900. SL 6600
Quoting elbert3
{image} looking at a possible trend channel short ?? Depending on the us news ideal to hit 6780 before the nes,, scenarios 1 , good news usd then break don to the bottom 6660 area ,,2. Bad news ,usd we have to break the 1690 again then go long 7720 area, on the day looking to the 5o ema support , a break there then 6660 devils hole ...lol
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AS ABOVE TARGETS x ONLY MY OPINION
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