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Cable Update (GBPUSD)

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  • Post #379,381
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  • May 28, 2014 4:43am May 28, 2014 4:43am
  •  Carlicus
  • | Joined Jan 2014 | Status: Member | 358 Posts
Quoting elbert3
Disliked
{quote} i see what you mean ,6733 could be a double bottom area then it has a significant reason to stop. But i would like to see it fall 1660 area {image}
Ignored
Yeah Elbert, 1.660 is a much more likely target IMHO. I'll try to be patient enough
 
 
  • Post #379,382
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  • May 28, 2014 4:48am May 28, 2014 4:48am
  •  elbert3
  • Joined Dec 2013 | Status: Member | 19,219 Posts
Anybody trading usdjy looks good to short ??
 
 
  • Post #379,383
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  • May 28, 2014 4:50am May 28, 2014 4:50am
  •  Fx_Anil
  • Joined Jul 2013 | Status: Member | 1,728 Posts
Quoting elbert3
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Anybody trading usdjy looks good to short ??
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I wish to wait for the sustained break below 101.75 to enter short.
 
 
  • Post #379,384
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  • May 28, 2014 4:55am May 28, 2014 4:55am
  •  Lamira
  • Joined Jan 2014 | Status: candlesticks talks to me | 922 Posts
Quoting Kofmaster
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My new daily resistance 1.676 - 1.673 {image}
Ignored
did you mean "support" O_o ?
 
 
  • Post #379,385
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  • May 28, 2014 5:00am May 28, 2014 5:00am
  •  RussJ
  • | Joined Apr 2013 | Status: Member | 843 Posts
Quoting Fx_Anil
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{quote} This is exactly what i wish to say...... Great coincidence
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This is how I view the week .. now hope this support holds and we go back up so I can add more shorts
Attached Image (click to enlarge)
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Name: Cable week.png
Size: 186 KB
 
 
  • Post #379,386
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  • May 28, 2014 5:00am May 28, 2014 5:00am
  •  elbert3
  • Joined Dec 2013 | Status: Member | 19,219 Posts
Audusd looks like its being sold off, lot of movement today all over
 
 
  • Post #379,387
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  • May 28, 2014 5:08am May 28, 2014 5:08am
  •  elbert3
  • Joined Dec 2013 | Status: Member | 19,219 Posts
Quoting elbert3
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Audusd looks like its being sold off, lot of movement today all over
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Attached Image (click to enlarge)
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Name: eugb.png
Size: 115 KB
another indication of gb weakness , 64 64 could be another sell trigger now trading gold
 
 
  • Post #379,388
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  • May 28, 2014 5:08am May 28, 2014 5:08am
  •  GDR3k
  • Joined Mar 2011 | Status: Bullish Behavior | 3,166 Posts
Attached Image (click to enlarge)
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Name: gbpusdh4.png
Size: 112 KB
 
 
  • Post #379,389
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  • May 28, 2014 5:14am May 28, 2014 5:14am
  •  dashisiong
  • | Joined May 2007 | Status: Member | 185 Posts
Quoting Carlicus
Disliked
Personally I find it difficult for cable to stop in the middle of nowhere ...it will be more logical to wait for the base of the channel Currently it seems to have a lot of momentum to the downside {image}
Ignored
Nice chart...
Patience, let the market come to you!
 
 
  • Post #379,390
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  • May 28, 2014 5:17am May 28, 2014 5:17am
  •  squawk
  • Joined Oct 2013 | Status: Member | 4,491 Posts
Attached Image(s) (click to enlarge)
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Name: Chart_GBP_USD_4 Hours_snapshot.png
Size: 44 KB
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Name: Chart_GBP_USD_Daily_snapshot.png
Size: 35 KB
 
 
  • Post #379,391
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  • May 28, 2014 5:20am May 28, 2014 5:20am
  •  Lamira
  • Joined Jan 2014 | Status: candlesticks talks to me | 922 Posts
Moved sl in profit at 1.67764 cause wanna sleep now watch it will go up,hit it, than go down lower than 1.673 ....like a douche bag ....while im sleeping
 
 
  • Post #379,392
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  • May 28, 2014 5:27am May 28, 2014 5:27am
  •  RussJ
  • | Joined Apr 2013 | Status: Member | 843 Posts
Quoting squawk
Disliked
{image} {image}
Ignored

Exact same plan... I too shorting 1.6846 and buying up from here to that level... be very interested in how you calculate and draw those triangles?
 
 
  • Post #379,393
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  • May 28, 2014 5:31am May 28, 2014 5:31am
  •  albchr
  • Joined Mar 2009 | Status: Member | 25,480 Posts
Quoting GDR3k
Disliked
{image}
Ignored
Quoting squawk
Disliked
{image} {image}
Ignored
Ghost Rider - WWTBMD?
 
 
  • Post #379,394
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  • May 28, 2014 5:33am May 28, 2014 5:33am
  •  Carlicus
  • | Joined Jan 2014 | Status: Member | 358 Posts
Quoting GDR3k
Disliked
{image}
Ignored
I also saw that very same trenline, quite suspicious
 
 
  • Post #379,395
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  • May 28, 2014 5:34am May 28, 2014 5:34am
  •  elbert3
  • Joined Dec 2013 | Status: Member | 19,219 Posts
Quoting albchr
Disliked
{quote} {quote}
Ignored
 
 
  • Post #379,396
  • Quote
  • May 28, 2014 5:35am May 28, 2014 5:35am
  •  Carlicus
  • | Joined Jan 2014 | Status: Member | 358 Posts
Quoting dashisiong
Disliked
{quote} Nice chart...
Ignored
Thanks a lot for you nice words
 
 
  • Post #379,397
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  • May 28, 2014 5:36am May 28, 2014 5:36am
  •  Fx_Anil
  • Joined Jul 2013 | Status: Member | 1,728 Posts
Quoting RussJ
Disliked
{quote} This is how I view the week .. now hope this support holds and we go back up so I can add more shorts {image}
Ignored
Good Analysis, after the failure to break 1.6760, i thing a reversal from 1.6772 can lead it towards 1.6790 again.
 
 
  • Post #379,398
  • Quote
  • May 28, 2014 5:40am May 28, 2014 5:40am
  •  albchr
  • Joined Mar 2009 | Status: Member | 25,480 Posts
Quoting elbert3
Disliked
{quote}
Ignored
Ghost Rider - WWTBMD?
 
 
  • Post #379,399
  • Quote
  • May 28, 2014 5:49am May 28, 2014 5:49am
  •  elbert3
  • Joined Dec 2013 | Status: Member | 19,219 Posts
Quoting albchr
Disliked
{quote}
Ignored
lol good morning,, just having a tea break same as gb. then off we go again i want to get in that 749 trade
 
 
  • Post #379,400
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  • May 28, 2014 5:50am May 28, 2014 5:50am
  •  dswk
  • Joined Feb 2006 | Status: Pips Pod... | 1,611 Posts
take it easy
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Size: 38 KB
 
 
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