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Cable Update (GBPUSD)

  • #379,301
  • May 27, 2014 12:33pm May 27, 2014 12:33pm
I missed today party in GU.. my limit didn't hit

I set limit at red zone..

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If this zone can't hold GU it will fall to blue zone

This techs for 1 week..
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  • #379,302
  • May 27, 2014 12:51pm May 27, 2014 12:51pm
Quoting Kofmaster
ahem* Do no misinterpret what i mean alright. I really admired his way of setting target, he probably saw something I didn't see. Of course I do hope it would get there as I'm holding short as well but at 4H and Daily has just breach the trendline. My next target is 1.6763. It is also a daily resistance. My whole bias for GU is upside however I didn't see the required strength to push further new high, therefore I expect a testing which should be around this daily resistance and also my take profit target. {image} {image}
Your target is good 1.673 should be next major support.

The dollar is strengthening and the real issue is it working off a low base and has a lot of room to the upside, hence the very bearish target on Cable

Remember the U in GU

DX Daily
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  • #379,303
  • Edited 1:44pm May 27, 2014 1:31pm | Edited 1:44pm
Got another initial signal in lower tf for up 6800, 6808/12 breaks & next 6820/34 & final 6881\6921 to go.In higher tf down still ok though . Anyway weekly candle expecting close positive , over 6834 , 6900 ok for next more down than today to try more up for the 3rd week , enough time perhaps for the ranging play around if not any bigger break though candles like today for the enforcement to down.
fontu
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #379,304
  • May 27, 2014 1:38pm May 27, 2014 1:38pm
Bulls are in control
  • #379,305
  • May 27, 2014 1:38pm May 27, 2014 1:38pm
Are we waiting Mr Carney's speech soon? I wonder what he has to say, hopefully lifts gbp
always draw trendlines
  • #379,306
  • May 27, 2014 1:40pm May 27, 2014 1:40pm
is Carney speaking now ??? or not
  • #379,307
  • May 27, 2014 1:44pm May 27, 2014 1:44pm
Quoting polonoon
is Carney speaking now ??? or not
just in 15 minutes mate
  • #379,308
  • May 27, 2014 1:44pm May 27, 2014 1:44pm
after 15 minutes
  • #379,309
  • May 27, 2014 1:45pm May 27, 2014 1:45pm
Trade close +36 pips.
Sleep see ya guys tmr
Read the entire market, money is made on the main trend not the fluctuation
  • #379,310
  • May 27, 2014 1:50pm May 27, 2014 1:50pm
Quoting yanitsa
{quote} Thnking to cash in at 6735
No go . Closed
  • #379,311
  • May 27, 2014 1:59pm May 27, 2014 1:59pm
around 30 pips move upward before the speech, two scenarios 1.someone know something we don't know, 2. someone wants to sell in better prices
or maybe this:
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  • #379,312
  • May 27, 2014 2:12pm May 27, 2014 2:12pm
Quoting ruffryders
setup is still very valid, posted previously. {image}
i'd like to belive in this but i cannot.i think usd gonna be pushed down a lot more
  • #379,313
  • May 27, 2014 2:13pm May 27, 2014 2:13pm
Good night , closed all except eurusd short for 3535/3421 weekly . even gold as chance short should be there next day for 1200 next day and gu in range ok for anytime entry.
take care .
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #379,314
  • May 27, 2014 2:16pm May 27, 2014 2:16pm
Quoting fontu
Good night , closed all except eurusd short for 3535 weekly . even gold as chance short should be there next day for 1200 next day and gu in range ok for anytime entry. take care . fontu
im http://www.easyfreesmileys.com/smile...mileys-126.gif because i can't trade spot gold or silver im only allowed to trade gold futures http://www.easyfreesmileys.com/smile...mileys-264.gif
  • #379,315
  • May 27, 2014 2:21pm May 27, 2014 2:21pm
Quoting PoundTrader
{quote}im {image} because i can't trade spot gold or silver im only allowed to trade gold futures {image}
Ok then better keep for next turmoils around 1200 instead 1237 as before thought. It may even crush for 1032, 2008 price & if so, not understand what others do that time. may not also , enough already .Anyway life should not easy to buy & see jumping daily !!! Hope for the best .
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #379,316
  • May 27, 2014 2:24pm May 27, 2014 2:24pm
Quoting fontu
{quote} Ok then better keep for next turmoils around 1200 instead 1237 as before thought. It may even crush for 1032, 2008 price & if so, not understand others do that time. may not also , enough already .Anyway life should not easy to buy & see jumping daily !!! Hope for the best . fontu
yes see my gold posting i have the same target number 1251 and 37 ,
  • #379,317
  • May 27, 2014 2:27pm May 27, 2014 2:27pm
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still short looking to break down, this i hope is just a rest sell at the emas break out of the 4 hour trend
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  • #379,318
  • May 27, 2014 2:28pm May 27, 2014 2:28pm
Quoting elbert3
{quote} yes see my gold posting i have the same target number 1251 and 37 ,
ok , formal targets & tp never coincide , close early for a good sleep & not try take more than 2 times in a single wave . good luck.
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #379,319
  • May 27, 2014 2:31pm May 27, 2014 2:31pm
Quoting DerekTrotter
a bounce of the 167 400 area would be good for me had a sell at 168 550 this morning so let us see.. but then again what do i know.. comrades.. welcome back btw E always nice to see those charts of yours.. inspirational hombre ..
hi dell, i made it back ,just kidneys too a bit if shrapnell ,, lol good week and we made a few quid on the phone lol we were on a high, the bistro was rocking when they knew what we were doing,, hey ho, gl
  • #379,320
  • May 27, 2014 2:33pm May 27, 2014 2:33pm
Quoting reclude82
{quote} i'd like to belive in this but i cannot.i think usd gonna be pushed down a lot more
here's the USDX chart with potential pattern setup. USDX sure got more steam to rally further up.
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