Attachments: Cable Update (GBPUSD)

Cable Update (GBPUSD)

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#379,741
May 29, 2014 4:55am May 29, 2014 4:55am

elbert3
Joined Dec 2013 | Status: Trader | 19,815 Posts

Quoting albchr

Disliked

{quote} i have the same feeling. No doubt the rr on some short lived longs is probably good here but, unless the gdp and up numbers just kill the current dollar strength (which they could, you know how i feel about the buck anyway...lol), then i see a full correction for this bull trend coming and then maybe attack the highs again. I'd like to start building shorts starting a bit higher up (6750/70ish perhaps) but i'm not buying here.

Ignored

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tried to draw a diamond ??lol some congestion now

#379,742
May 29, 2014 4:59am May 29, 2014 4:59am

albchr
Joined Mar 2009 | Status: Trader | 25,480 Posts

Quoting elbert3

Disliked

{quote} i have an order 45 and 6710 i have a feeling no 45, just like no1.7 who said that

Ignored

... I don't recall anyone making that claim...

Ghost Rider - WWTBMD?

#379,743
May 29, 2014 5:01am May 29, 2014 5:01am

albchr
Joined Mar 2009 | Status: Trader | 25,480 Posts

Quoting elbert3

Disliked

{quote} {image} tried to draw a diamond ??lol some congestion now

Ignored

Ummmm.... you may want to spend a little time with Davit. Your artwork needs a little....polish?

Ghost Rider - WWTBMD?

#379,744
May 29, 2014 5:08am May 29, 2014 5:08am

elbert3
Joined Dec 2013 | Status: Trader | 19,815 Posts

Quoting albchr

Disliked

{quote} ummmm.... You may want to spend a little time with davit. Your artwork needs a little....polish?

Ignored

careful the spam police could be watching

#379,745
May 29, 2014 5:14am May 29, 2014 5:14am

albchr
Joined Mar 2009 | Status: Trader | 25,480 Posts

Quoting elbert3

Disliked

{quote} careful the spam police could be watching

Ignored

Crap! Did I type that out loud??

Ghost Rider - WWTBMD?

#379,746
May 29, 2014 5:28am May 29, 2014 5:28am

Kofmaster
| Joined Oct 2008 | Status: Crocodile Trader | 1,127 Posts

Geez I don't like the price action given by GU. 1.5hours to go before 4H candle close then I decide close or hold.

Read the entire market, money is made on the main trend not the fluctuation

#379,747
May 29, 2014 5:32am May 29, 2014 5:32am

albchr
Joined Mar 2009 | Status: Trader | 25,480 Posts

Are you ready for some football?

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Ghost Rider - WWTBMD?

#379,748
Edited 6:08am May 29, 2014 5:44am | Edited 6:08am

fontu
Joined Mar 2008 | Status: Name real with real own way | 23,413 Posts

All ok perhaps with just a little turmoils/corrections before the targets for eu 3535/3477/32, gu 6659 & gold 1237!!
anyway price started shaking at last before bull given up any hope & week & monthly closed nearby.
monthly sr reacted the free stye falling the price today, limit up for down 6761 & next time when it try for 6659 may react for 6782 & up also.Lets see how fast it can react by less than 2 days only!! that is all fast movements weekend expecting.Market can hit all those targets now or after a 200 pips reactions & back too .
Take care ,
fontu

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Not understand?better not follow my analyses!doubt clearer first, risks ++

#379,749
May 29, 2014 5:54am May 29, 2014 5:54am

PoundTrader
Joined Sep 2010 | Status: Life Time Member | 6,685 Posts

Quoting Kofmaster

Disliked

Geez I don't like the price action given by GU. 1.5hours to go before 4H candle close then I decide close or hold.

Ignored

i like it when market is quiet like this because it tell me a major move is about to happen, you just have to be on the right side of the market when it happens

#379,750
May 29, 2014 5:54am May 29, 2014 5:54am

Fx_Anil
Joined Jul 2013 | Status: Trader | 1,738 Posts

Can't say it is perfect or not, but following the classical zig-zag pattern, GBPUSD seems heading towards 1.6600 in near term.

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#379,751
May 29, 2014 5:59am May 29, 2014 5:59am

RussJ
| Joined Apr 2013 | Status: Trader | 843 Posts

Quoting Fx_Anil

Disliked

Can't say it is perfect or not, but following the classical zig-zag pattern, GBPUSD seems heading towards 1.6600 in near term. {image}

Ignored

Took the 1.6743 short this morning.. stop break even now targeting 1.6654 intraday and tomorrow 1.6618/16 Quarterly level Friday.

If however, 1.6643 fails then I will end up break even and will re short 1.6767/69 and tomorrow's target then will prob be a break of 1.6670 targeting 1.6640 (Break of the swing....

much will depend on next 1 hour if we reach 1.67 then 1.6625 will be shorted and targeting 1.6660/54 area.. in my opinion.. if on the other hand we go up then I have cut off at 1.6767/69

#379,752
May 29, 2014 6:06am May 29, 2014 6:06am

Kofmaster
| Joined Oct 2008 | Status: Crocodile Trader | 1,127 Posts

Quoting PoundTrader

Disliked

{quote}i like it when market is quiet like this because it tell me a major move is about to happen, you just have to be on the right side of the market when it happens

Ignored

Normally market will try to kill both directions before resume it's real intention. Have to really sit tight and firm on your views to not get shaken out

Read the entire market, money is made on the main trend not the fluctuation

#379,753
May 29, 2014 6:08am May 29, 2014 6:08am

PoundTrader
Joined Sep 2010 | Status: Life Time Member | 6,685 Posts

Quoting Kofmaster

Disliked

{quote} Normally market will try to kill both directions before resume it's real intention. Have to really sit tight and firm on your views to not get shaken out

Ignored

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