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Cable Update (GBPUSD)

  • #379,421
  • May 28, 2014 5:49am May 28, 2014 5:49am
Quoting Kofmaster
My new daily resistance 1.676 - 1.673 {image}
I really prefer upside as I don't think GU would tank given the price action in larger timeframe and I dont see any distribution at all. I would be very surprise to see daily close below the support I mention on 1.673. Although 4H do look very bearish, I'm still looking for 4H strength candle, and waiting for the daily candle to close.
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Read the entire market, money is made on the main trend not the fluctuation
  • #379,422
  • May 28, 2014 5:49am May 28, 2014 5:49am
Quoting elbert3
{quote} you have been cutting that grass last week when i was in france .lol go cut it lol
...the problem at the moment is it is spring, and so this grass just keeps on coming!

I'm up to a cut a week at the moment, and it's costing a small fortune in fuel - I have to use a small tractor-mower if I want to get through it in a day. Yes, it's a big garden.
Author of: For Pip's Sake! (Available at Amazon... :-) )
  • #379,423
  • May 28, 2014 5:52am May 28, 2014 5:52am
Quoting 45Condor
{quote} ...the problem at the moment is it is spring, and so this grass just keeps on coming! I'm up to a cut a week at the moment, and it's costing a small fortune in fuel - I have to use a small tractor-mower if I want to get through it in a day. Yes, it's a big garden.
lol i have the same problem here not that big thou,, well done regards E
  • #379,424
  • May 28, 2014 5:54am May 28, 2014 5:54am
Quoting elbert3
{quote} lol i have the same problem here not that big thou,, well done regards E
...and I lubricate the work with a little glass of rose.
Author of: For Pip's Sake! (Available at Amazon... :-) )
  • #379,425
  • May 28, 2014 5:54am May 28, 2014 5:54am
Attached Image (click to enlarge)
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hay Ruff, did you get on this from last week, looking to break the bottom and take gbus with it ,,
  • #379,426
  • May 28, 2014 5:56am May 28, 2014 5:56am
Quoting 45Condor
{quote} ...and I lubricate the work with a little glass of rose.
we had a nice win last week i lubricated my whole body and the people in the bistro,, wine all round lol ,, came back with alcohol poisoning lol
  • #379,427
  • May 28, 2014 5:58am May 28, 2014 5:58am
Quoting 45Condor
{quote} ...the problem at the moment is it is spring, and so this grass just keeps on coming! I'm up to a cut a week at the moment, and it's costing a small fortune in fuel - I have to use a small tractor-mower if I want to get through it in a day. Yes, it's a big garden.
As big as this one? That would cost you a fortune in fuel, really

http://thephotogardenbee.com/wp-cont...-long-view.jpg
  • #379,428
  • May 28, 2014 6:04am May 28, 2014 6:04am
Quoting Carlicus
{quote} As big as this one? That would cost you a fortune in fuel, really {image}
Hmm, if I had a garden that big, I feel sure that I would no longer need to try and scrape a second income together from trading.
Author of: For Pip's Sake! (Available at Amazon... :-) )
  • #379,429
  • May 28, 2014 6:04am May 28, 2014 6:04am
Quoting elbert3
{image} hay Ruff, did you get on this from last week, looking to break the bottom and take gbus with it ,,
Elbert, yeah had a GCAD short, but was terminated already, though I see what you mean, could be decent followthrough.
  • #379,430
  • May 28, 2014 6:11am May 28, 2014 6:11am
Quoting ruffryders
{quote} Elbert, yeah had a GCAD short, but was terminated already, though I see what you mean, could be decent followthrough.
well done
  • #379,431
  • Edited 6:31am May 28, 2014 6:14am | Edited 6:31am
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keep it simple choice when to tp.or pp,its how big are your balls time .
looks like 6750 will not hold it , looks like eur usd is breaking 3611 now look to 55 area if it does
  • #379,432
  • May 28, 2014 6:26am May 28, 2014 6:26am
I'd like to short GBP USD at this moment but I'm still in doubt. Could it get lower than 1.6746?
  • #379,433
  • May 28, 2014 6:29am May 28, 2014 6:29am
looks like swing all the way down too 1.6703... just checking charts and although would like to see 1.6725/18 take us back too 1.6785 for tomorrow's short thing it will ping pong 16768/69... down to 1.6716 then up too 16731 down too 1.6708 upto 16744 then down too 1.6701 then it will back fill which will take us into next week and into nfp.... the monthly doji will also finish and we will fill some of that week, that's my opinion
  • #379,434
  • May 28, 2014 6:30am May 28, 2014 6:30am
Elbert, looks like gold is prepping for a kaboom.
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  • #379,435
  • May 28, 2014 6:32am May 28, 2014 6:32am
Oh god. Exited both my EU and GU too early. Now watching them fall again....
  • #379,436
  • May 28, 2014 6:37am May 28, 2014 6:37am
It could stop at 6600. I will take first profit at 6620. Then will look will that continue to fall or will correct.
Now only short on first correction wave at fibonachi 50% and 61%. So if 6600 -7000 wave will form do next.
wait 50% fibonachi level this is 6800 and short as hard as u can. Then take profit at 6430.
  • #379,437
  • May 28, 2014 6:39am May 28, 2014 6:39am
All i see most of u only bla bla bla with no real targets and pending orders. useless talk with u.
  • #379,438
  • May 28, 2014 6:41am May 28, 2014 6:41am
Some of you looks like sitting on drugs saying about something 6700. what? 6700 is that a target? according what?
its not a target is casino rullete if you even shortig from 6900. minimum what you all must take is not less than 300-400 faking pips in profit per trade.
  • #379,439
  • May 28, 2014 6:42am May 28, 2014 6:42am
Quoting ruffryders
Elbert, looks like gold is prepping for a kaboom. {image}
yes in 2 trades there from 96 i have pp on 70 target 55 and 37 for now ,,hoping 1266-7 will short again ???
  • #379,440
  • May 28, 2014 6:43am May 28, 2014 6:43am
Quoting elbert3
{quote} yes in 2 trades there from 96 i have pp on 70 target 55 and 37 for now ,,hoping 1266-7 will short again ???
yeah sounds good bro, I'm just using gold weakness for AUD trading now. See much more downside on Gold, hence AU will follow.
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