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Cable Update (GBPUSD)

  • #380,361
  • Jun 5, 2014 1:44am Jun 5, 2014 1:44am
gbcad and gbjy are both on the 61 fib on the day charts,, so short the 3, gbusd with them from here 171,65,,gbj,,, 1.8324 cad ,, just an idea ??
  • #380,362
  • Jun 5, 2014 1:45am Jun 5, 2014 1:45am
Quoting elbert3
{quote} Yes underwater on a couple now i just hope the last one was a good entry, it looked good on the confluence side 3 ticks what more would you want,, but it is f,,,,in cable,, nobody fell for the 1 hour candle joke yesterday ,, i thought Russ might if bitten lol ,,chris tried to get it going,, sad ah ..lol
Reminds me of your CLASSIC one.. so whats a PONY then .. lol
  • #380,363
  • Jun 5, 2014 1:54am Jun 5, 2014 1:54am
Quoting DerekTrotter
{quote} Reminds me of your CLASSIC one.. so whats a PONY then .. lol
what is a pony,,,,,, a small horse ..sad it is to early, i wish this thing would go down, at some pace
  • #380,364
  • Jun 5, 2014 2:19am Jun 5, 2014 2:19am
Quoting elbert3
{quote} LOL I THOUGHT IT WOULD OF HIT 725 I HAD A SELL ON 2 POSITIONS MMMMMM 57 MIGHT SHORT AGAIN ,, THE 59 THAT YOU DID NOT LIKE I COULD OFF TOOK 20 OR MORE PIPS , THAT WAS ONE OF THE POSITIONS I WAS GOING TO SELL, KNOWING WE WERE GETTING A LONG RISE,,NEXT LITTLE MOVE UP ON THE 15 I WILL LOOK TO SHORT IT IT STAYS AT THIS LEVEL THEN LET'S SEE ,,,USA USA ,,LOL REGARDS
Problem is NFP... price would never have broken 39.. it would have reached 76/78 then shorted for a scalp.... although now we are not reaching the full resistance, people are shorting slightly early as nfp week and we are breaking supports then trouncing back up through them.

Its a mess ... but ultimately I see us going up to form double top and first short proper short would be 1.6810/19 but as nfp week and the doji formed yesterday and cycles all complete even on 4 hour am thinking we might back fill 1.6717 area myself...

Tempted t take my profits off even though I think higher highs, simple reason being cycles done, 4 hour could close a doji and already broken the 40 area once..... although would prefer the short o come off 65 or even make slight higher high clear it out and short off 78 if its going to short.. Either way.. won't be shorting but will have to make a decision about longs whether I take profit or not
  • #380,365
  • Jun 5, 2014 2:21am Jun 5, 2014 2:21am
Quoting elbert3
{quote} short 52... Russ {image} RSI 69 61%FIB SHORT TREND ON THE 4 HOUR ,, GIVE 3 CONFLUENCE TICKS
loool I see it but I just cant short it there lol - if 38 breaks again I will take off longs and leave 1 I picked up at 1.67 as that is targeting 16985
  • #380,366
  • Jun 5, 2014 2:22am Jun 5, 2014 2:22am
Quoting DerekTrotter
{quote} Dont know if its a good thing but i am here ... hows this for one ... now u gotta close ur eyes a bit and think ok .. u ready then - Moooo .... Moooooo..

Derek you long???
  • #380,367
  • Jun 5, 2014 2:24am Jun 5, 2014 2:24am
Quoting RussJ
looks like I'm the only bull here, taking on the whole forum.. taking on Elbert, ALBCHR, Online Addict and others.... come on Bulls back this up!!!!
LOL ... Don't lump me in there Russ. I'm both....and....neither! .. Drives Billy nuts!
Ghost Rider - WWTBMD?
  • #380,368
  • Jun 5, 2014 2:27am Jun 5, 2014 2:27am
Quoting RussJ
{quote} Derek you long???
Been long since 28th May.. 167 -150
  • #380,369
  • Jun 5, 2014 2:30am Jun 5, 2014 2:30am
If we get up to 16840 area, could be worth looking for PA rejection for sure
Come with me if you want to live....
  • #380,370
  • Jun 5, 2014 2:45am Jun 5, 2014 2:45am
Quoting albchr
{quote} LOL ... Don't lump me in there Russ. I'm both....and....neither! .. Drives Billy nuts!
morning you old dog,, regards
  • #380,371
  • Jun 5, 2014 2:51am Jun 5, 2014 2:51am
Quoting RussJ
{quote} Problem is NFP... price would never have broken 39.. it would have reached 76/78 then shorted for a scalp.... although now we are not reaching the full resistance, people are shorting slightly early as nfp week and we are breaking supports then trouncing back up through them. Its a mess ... but ultimately I see us going up to form double top and first short proper short would be 1.6810/19 but as nfp week and the doji formed yesterday and cycles all complete even on 4 hour am thinking we might back fill 1.6717 area myself... Tempted t take...
yes it is messy i got up this morning thinking i banked about 60 odd pips i my first thought was f,,,k me ? lol , the problem traders have with gbusd is opening big lots and tight sl ,,i do it myself but i can leave the sl not so sight or just leave it on manage when i am on the pc,, bed time or news time yes sl has to be on just in case Chris sets fire to the bank of England lol
  • #380,372
  • Jun 5, 2014 2:55am Jun 5, 2014 2:55am
Quoting albchr
{quote} LOL ... Don't lump me in there Russ. I'm both....and....neither! .. Drives Billy nuts!

lol my shorts are off... I just cant short it... I will short 1.6819.... as it will either goo too 1.6770 or 1.6745 area but other than that am long... 1.6810 I would be hoping gets too 1.6770 but am unsure whether it will go anywhere... it wil have same pullback but it might be negligible like 15 - 20 pips so will wait and see what has been hit etc...
  • #380,373
  • Jun 5, 2014 2:55am Jun 5, 2014 2:55am
Quoting elbert3
{quote} morning you old dog,, regards
Good morning sir.
Ghost Rider - WWTBMD?
  • #380,374
  • Jun 5, 2014 2:56am Jun 5, 2014 2:56am
Quoting DerekTrotter
{quote} Been long since 28th May.. 167 -150

Good lad
  • #380,375
  • Jun 5, 2014 2:58am Jun 5, 2014 2:58am
Quoting RussJ
{quote} Good lad
Just woke up, haven't had my second coffee yet but... just for you Russ.
Attached Image (click to enlarge)
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Ghost Rider - WWTBMD?
  • #380,376
  • Jun 5, 2014 3:02am Jun 5, 2014 3:02am
Quoting RussJ
{quote} Good lad
like wise..
  • #380,377
  • Jun 5, 2014 3:04am Jun 5, 2014 3:04am
Quoting albchr
{quote} Just woke up, haven't had my second coffee yet but... just for you Russ. {image}
Attached Image (click to enlarge)
Click to Enlarge Name: 4h.png Size: 107 KB
not looking good for me and Trader 88 as i know he is selling hard too, we need a 50 ema yellow to come to the rescue, but i have been reading 6919 is being targeted,,, please dont take that as said??? or i will be accused of working undercover for a broker???
  • #380,378
  • Jun 5, 2014 3:07am Jun 5, 2014 3:07am
1684o finish the day on cable???? 1.6888 finish the day nfp
  • #380,379
  • Jun 5, 2014 3:11am Jun 5, 2014 3:11am
if its going to fall back this is the place... time of day correct as well
  • #380,380
  • Jun 5, 2014 3:12am Jun 5, 2014 3:12am
Quoting RussJ
1684o finish the day on cable???? 1.6888 finish the day nfp
Attached Image (click to enlarge)
Click to Enlarge Name: day.png Size: 105 KB
come on 10 ema, touch it and drop it before the bad news come
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