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Cable Update (GBPUSD)

  • #378,221
  • May 19, 2014 4:38am May 19, 2014 4:38am
Quoting Ill-b-back
I'm very curious to see if the 6785 area holds as support.
most definately we sell off and reach 6640 soon.
  • #378,222
  • May 19, 2014 4:39am May 19, 2014 4:39am
Quoting Ill-b-back
I'm very curious to see if the 6785 area holds as support.
Yep, me too. 6800/6780
Ghost Rider - WWTBMD?
  • #378,223
  • May 19, 2014 4:43am May 19, 2014 4:43am
Quoting ruffryders
{quote} most definately we sell off and reach 6640 soon.
LOL .... define "soon"
Ghost Rider - WWTBMD?
  • #378,224
  • May 19, 2014 4:46am May 19, 2014 4:46am
Quoting albchr
{quote} LOL .... define "soon"
You'll have to ask HDA to find out.
Attached Image
  • #378,225
  • May 19, 2014 4:47am May 19, 2014 4:47am
Quoting ruffryders
{quote} GJ dragon is good bro. {image}
Dragon did OK.
  • #378,226
  • May 19, 2014 4:51am May 19, 2014 4:51am
Quoting ruffryders
{quote} Dragon did OK.
Yeah I'm in small on it. Waiting.....GU bouncing up a bit, UJ about to hit support. Could cause an intraday hiccup.

So far GU is acting pretty much exactly as I suspected in my charts here last night.
Ghost Rider - WWTBMD?
  • #378,227
  • May 19, 2014 4:52am May 19, 2014 4:52am
Quoting albchr
{quote} Yeah I'm in small on it. Waiting..... So far GU is acting pretty much exactly as I suspected in my charts here last night.
GU no trade as per the chart posted previously. Clean break of highlighted area will trigger a short trade.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 57 KB
  • #378,228
  • May 19, 2014 4:57am May 19, 2014 4:57am
Quoting ruffryders
{quote} GU no trade as per the chart posted previously. Clean break of highlighted area will trigger a short trade. {image}
Yep, I expected a possible test of 6800ish. It just did. I'm not touching her yet. Just two small shorts in this dribble. AU & GJ. UJ just touched down on support. Let's see if she has any bounce to her.
Ghost Rider - WWTBMD?
  • #378,229
  • May 19, 2014 4:58am May 19, 2014 4:58am
No trades, but this looks and feels bearish
Attached Image (click to enlarge)
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  • #378,230
  • May 19, 2014 5:07am May 19, 2014 5:07am
Quoting Danny Maina
No trades, but this looks and feels bearish {image}
no my friend
it's long
see you at 6870 at least
  • #378,231
  • May 19, 2014 5:29am May 19, 2014 5:29am
Quoting Danny Maina
No trades, but this looks and feels bearish {image}
H4 is also indicative. No shorts for now
  • #378,232
  • May 19, 2014 5:35am May 19, 2014 5:35am
Quoting julia2011
{quote} no my friend it's long see you at 6870 at least
Just curious Julia. And honestly I mean no dig here but, do you ever post any charts?
Ghost Rider - WWTBMD?
  • #378,233
  • May 19, 2014 5:41am May 19, 2014 5:41am
Quoting julia2011
{quote} no my friend it's long see you at 6870 at least
wow - thats all i can say hope u dont mind .. wow ..
  • #378,234
  • May 19, 2014 5:43am May 19, 2014 5:43am
Quoting elbert3
{quote} i am not on it but should break 170 today , 169.47 target area
Hey E ... did u see Julies back .. .. nice one comrade .. still long btw just thought to say in passing ..
  • #378,235
  • May 19, 2014 5:58am May 19, 2014 5:58am
8H
Attached Image (click to enlarge)
Click to Enlarge Name: USD GBP Indexs.PNG Size: 60 KB
Ghost Rider - WWTBMD?
  • #378,236
  • May 19, 2014 7:03am May 19, 2014 7:03am
My it's gone awfully in here.
Ghost Rider - WWTBMD?
  • #378,237
  • May 19, 2014 7:15am May 19, 2014 7:15am
Quoting albchr
My it's gone awfully in here.
I am in with u comrade - looks like they all left town ..
Know any good polish folk songs by any chance?
  • #378,238
  • May 19, 2014 7:20am May 19, 2014 7:20am
Put on shorts at 1.6835, SL 1.6880. Targeting 1.6250.

Carney is dovish. Inflation is falling. Markets over their skis on rate hikes.
Twitter: @TrendersGame
  • #378,239
  • May 19, 2014 7:20am May 19, 2014 7:20am
Quoting DerekTrotter
{quote} I am in with u comrade - looks like they all left town .. Know any good polish folk songs by any chance?
No but I have a few good German Ump-PaPa tunes.....
Ghost Rider - WWTBMD?
  • #378,240
  • May 19, 2014 7:39am May 19, 2014 7:39am
Quoting albchr
My it's gone awfully in here.

Support holding well brother.
I entered long at market open this morning, 2 TL's down (or up),

1 to go....

its approaching crunch time, news tomorrow will tell the story I think.

It seems the market is not taking too kindly to Bens 3 rounds of currency debasement and long term low interest rates approach and Yellen dismantling the historical triggers for rate hikes certainly isn't helping.

Meanwhile, it seems many STILL seem to be ignoring this and obsessing over the ECB and BOE for some reason....

odd....
Come with me if you want to live....
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