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Cable Update (GBPUSD)

  • #377,681
  • May 14, 2014 10:20am May 14, 2014 10:20am
Quoting elbert3
{quote} sl to 76 now i am not getting caught
we should go at least 6820-6850 then short from there 200 pips
  • #377,682
  • May 14, 2014 10:49am May 14, 2014 10:49am
Quoting ffleo
mark this post and check back later in couple months. http://www.forexfactory.com/showthre...92#post7417592 {image}
bye bye cable 1.7. History very likely will repeat itself: http://www.forexfactory.com/showthre...79#post7436279
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #377,683
  • May 14, 2014 11:05am May 14, 2014 11:05am
The daily chart it says me : long entry.
The 4h it says: wait a bit to come up to 1.6850 and thee is a short entry for another 150-200 pip.

The current news was for bear side.

Dam, this could go down more 200-300 pip before will try to reach 1.7.
Soon little ( 50 -100 pip ) bounce expected to upper side.

I wish I could interpret the news correctly: how big impact has they? - are they able to change the trend for the next weeks?
I want to buy PATIENCE
  • #377,684
  • May 14, 2014 11:07am May 14, 2014 11:07am
Quoting ffleo
{quote} bye bye cable 1.7. History very likely will repeat itself: http://www.forexfactory.com/showthre...79#post7436279
Have to agree at this point ffleo. As the hours pass with hardly a bounce selling rallies looks better and better.
Ghost Rider - WWTBMD?
  • #377,685
  • May 14, 2014 11:28am May 14, 2014 11:28am
Quoting albchr
{quote} Have to agree at this point ffleo. As the hours pass with hardly a bounce selling rallies looks better and better.
hi chris, nice to meet you. In this tread of cable, I like to read posts mostly of guys like you, Bones, and Davit, and couple other people. I like to learn. Always learn.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #377,686
  • May 14, 2014 11:33am May 14, 2014 11:33am
Quoting ffleo
{quote} hi chris, nice to meet you. In this tread of cable, I like to read posts mostly of guys like you, Bones, and Davit, and couple other people. I like to learn. Always learn.
Nice to meet you too ffleo. That works both ways although I'm sure I don't have much to teach. But I do lurk the EUR thread to watch you with pivots.

Some very good traders there amidst the noise.
Ghost Rider - WWTBMD?
  • #377,687
  • May 14, 2014 11:50am May 14, 2014 11:50am
Closed my longs, I don't have faith in the rally up, seems like going down a little bit
  • #377,688
  • May 14, 2014 12:01pm May 14, 2014 12:01pm
Although I maintain the bull trend isn't broken (for me) until 6730/6700 gets taken out decisively, The way cable sits right now, I'd be more inclined to look for shorts after testing 6820ish again (if it even gets there...lol) to ride it down to test this trend.

Looking at the indexes, while the dollar isn't exactly screaming up, the pound looks very weak.
Ghost Rider - WWTBMD?
  • #377,689
  • May 14, 2014 12:21pm May 14, 2014 12:21pm
Quoting albchr
Although I maintain the bull trend isn't broken (for me) until 6730/6700 gets taken out decisively, The way cable sits right now, I'd be more inclined to look for shorts after testing 6820ish again (if it even gets there...lol) to ride it down to test this trend. Looking at the indexes, while the dollar isn't exactly screaming up, the pound looks very weak.
Attached Image (click to enlarge)
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if the emas cross it will push it to the 50 in yellow
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on the week pin at the top looks like it had a pull back thats this weeks candle, so on would like to see it go through or take oft at the 10 ema white 67300 so lets say short to there 6730 then 6660 red 20 ema ?? r
  • #377,690
  • May 14, 2014 12:28pm May 14, 2014 12:28pm
i am pulling my trade plus 4 pips ,, i have to go out with the board more fun here with you guys,, i dont think we are going to see much movement till asia i am putting a sell order below the low now 4x lot , i think long has no chance ?? back later E AUDUSD LOOK LIKE IT COULD BREAK 94 AND MORE ??
  • #377,691
  • May 14, 2014 12:37pm May 14, 2014 12:37pm
and now we see if that bullish candle d1 is false like I said ,


Quoting Bones
Lets be honest its not going to your target for quite some time, ,actullly looks great short , {quote} {image}
Attached Image (click to enlarge)
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #377,692
  • May 14, 2014 12:43pm May 14, 2014 12:43pm
high risk

Quoting Bones
no not at mo im looking for sim continuation ,eur gbp has been consolidating down ,on pivot and tl , so im watching that ,also gbp cad could be a bearish pattern,its not good , high risk {image} {image}
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #377,693
  • May 14, 2014 12:47pm May 14, 2014 12:47pm
for cable I can clearly see it was set up for tl bounce which failed ,
it is slow cause its oversold against bullish market ,
Attached Image (click to enlarge)
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #377,694
  • May 14, 2014 1:04pm May 14, 2014 1:04pm
usd chf ,looks set to test the highs ,
usd chf I think is an easier read than eur
Attached Image(s) (click to enlarge)
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #377,695
  • May 14, 2014 1:17pm May 14, 2014 1:17pm
potentially bullish I have long


Quoting Bones
high risk {quote}
Attached Image (click to enlarge)
Click to Enlarge Name: eur GBP w1 14 may (DFB).png Size: 29 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #377,696
  • May 14, 2014 1:34pm May 14, 2014 1:34pm
GU H4 GMT+3

Bulls on the board!
Anything is math!
  • #377,697
  • May 14, 2014 1:38pm May 14, 2014 1:38pm
Quoting Kajos2250
GU H4 GMT+3 Bulls on the board!
Broken resistance ~6764 is under testing first odds placed.
Attached Image (click to enlarge)
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Anything is math!
  • #377,698
  • Edited 2:05pm May 14, 2014 1:50pm | Edited 2:05pm
Quoting Kajos2250
{quote} Broken resistance ~6764 is under testing first odds placed. {image}
Condition of daily bullish trend are still valid, buy on the deep!
buy limit .6741 placed...
Invalidation if price could close under ~6727.

Good luck!
Attached Image (click to enlarge)
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Anything is math!
  • #377,699
  • May 14, 2014 1:56pm May 14, 2014 1:56pm
Going up to 1.68 in my opinion
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  • #377,700
  • May 14, 2014 2:14pm May 14, 2014 2:14pm
Quoting Bones
potentially bullish I have long {quote} {image}
It is time to swich your position strongly bearish on Daily and Weekly TF too!
This Weekly candle is not finished, broken ~8172 support is under testing... good chance to hit ~8100-8080... and trend is your friend!
I hope it can help my GU longs
Attached Image (click to enlarge)
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Anything is math!
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