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Cable Update (GBPUSD)

  • #380,981
  • Jun 9, 2014 4:41am Jun 9, 2014 4:41am
Quoting RussJ
just checked charts and again as got euro up so flicking 1 chart at time on cable and.. i think 1st spot for it too go too is 1.6767.. there it will climb back too 1.6802 and then short too 1.6741/38 although it needs to break down first... i dont see 1.6782.78 putting up much resistance those price will be contained by 1.6796 in my opinion and the pullback overnight and tomorrow off 1.6738 might only go as far as 1.6797... i feel it wll then be shorted again Cable, heaveily shorted. Your shorts are ok as well Elbert would have stop at like 31 risk...
staled a little going back into consolidation 5 min to could 20 pips out or , i could top up 811 805 above this it could go back to 20??? 804 resistance need to break then 800 should go
  • #380,982
  • Jun 9, 2014 4:46am Jun 9, 2014 4:46am
Quoting elbert3
{quote} 2 at 725 , 6798 from friday took 44 pips friday afternoon,, lol we thought were on a roll and put an order below 800 again hence the 6798 23 pips early this morning and short 27 again just pp to 20 incase ?? thats it i was looking gbjy short to 71.68 but not shaw{image}
did any body take the short
  • #380,983
  • Jun 9, 2014 4:59am Jun 9, 2014 4:59am
Today's central pivot point can be found at 1.6810, with support below at 1.6773, 1.6744, 1.6707 with resistance above at 1.6839, 1.6876, and 1.6905. Hourly Moving Averages are bullish, with the 200SMA at 1.6757, and the daily 20EMA flat at 1.6794. Hourly RSI is bullish at 53.,, taken from the web
  • #380,984
  • Jun 9, 2014 5:18am Jun 9, 2014 5:18am
Quoting elbert3
{quote} did any body take the short
Good morning b, Hope you had a great weekend.
Ghost Rider - WWTBMD?
  • #380,985
  • Jun 9, 2014 5:37am Jun 9, 2014 5:37am
Damn!! Not hit my limit.. Just a few pips
Was at campus cant looking chart..
Attached Image
  • #380,986
  • Jun 9, 2014 5:41am Jun 9, 2014 5:41am
Quoting albchr
{quote} Good morning b, Hope you had a great weekend.
Morning Chris, yes, alcohol poisoning again..not good
  • #380,987
  • Jun 9, 2014 5:43am Jun 9, 2014 5:43am
Strong pound, seems that have some problems to go under 1.3800 :/
  • #380,988
  • Jun 9, 2014 5:47am Jun 9, 2014 5:47am
Quoting elbert3
{quote} Morning Chris, yes, alcohol poisoning again..not good
Oh my... I would think you've been bitten by that snake enough to have developed immunity to that venom by now... no?
Ghost Rider - WWTBMD?
  • #380,989
  • Jun 9, 2014 5:58am Jun 9, 2014 5:58am
pp got hit out plus 20 pips ,,lets see what happens next, looking to go into consolidation again lower time frame
  • #380,990
  • Jun 9, 2014 6:14am Jun 9, 2014 6:14am
Quoting elbert3
Today's central pivot point can be found at 1.6810, with support below at 1.6773, 1.6744, 1.6707 with resistance above at 1.6839, 1.6876, and 1.6905. Hourly Moving Averages are bullish, with the 200SMA at 1.6757, and the daily 20EMA flat at 1.6794. Hourly RSI is bullish at 53.,, taken from the web
as above try short again off the pivot
Attached Image (click to enlarge)
Click to Enlarge Name: 15.png Size: 106 KB
  • #380,991
  • Jun 9, 2014 6:19am Jun 9, 2014 6:19am
Quoting elbert3
{quote} as above try short again off the pivot {image}
ooooooooooooooooooo dont you love it when that happens
Attached Image (click to enlarge)
Click to Enlarge Name: 15.png Size: 96 KB
pick you point pp on 10 pips asap is clear
  • #380,992
  • Jun 9, 2014 6:22am Jun 9, 2014 6:22am
just disappointed this morning, planned on shortingeuro, ended u shorting cable whch has moved like 25 pips and euro will prob get to its destination and would been 70 -80 pips!! although confident cable will get there, time is money and i want to long euro at 1.3586 will need to exit cable... just aint moved as fast as euro... defo disappointed this morning for picking the wrong tulip!!! even though i planned on picking the correct one!!!
  • #380,993
  • Jun 9, 2014 6:22am Jun 9, 2014 6:22am
Quoting elbert3
{quote} ooooooooooooooooooo dont you love it when that happens

are you voer leveraged.. theres no room between your shorts lol
  • #380,994
  • Jun 9, 2014 6:27am Jun 9, 2014 6:27am
euro about to get vicious at 135886 pop straight to 13644 then back too 1.3603 for those who missed initial entry
  • #380,995
  • Jun 9, 2014 6:30am Jun 9, 2014 6:30am
Got out of all shorts at 6796, I'm long now. This is a raging bull...I'm not going to fight it. I can see a double top happening this week, if tomorrow's GBP news aren't really bad.
Everyone can see the chart, but only a few can actually read it.
  • #380,996
  • Jun 9, 2014 6:31am Jun 9, 2014 6:31am
Quoting RussJ
euro about to get vicious at 135886 pop straight to 13644 then back too 1.3603 for those who missed initial entry
I think we are seeing eur's bottom for the week, or close to it. I don't want to be bear on either eur and gbp from now on.
Everyone can see the chart, but only a few can actually read it.
  • #380,997
  • Jun 9, 2014 6:32am Jun 9, 2014 6:32am
Quoting RussJ
just disappointed this morning, planned on shortingeuro, ended u shorting cable whch has moved like 25 pips and euro will prob get to its destination and would been 70 -80 pips!! although confident cable will get there, time is money and i want to long euro at 1.3586 will need to exit cable... just aint moved as fast as euro... defo disappointed this morning for picking the wrong tulip!!! even though i planned on picking the correct one!!!
it will be ok i ma 43 up 2 trades plus this one off the pivot as posted the battle of numbers lol trying to get back into 800 we need to totally clear this area now ,, chin up
  • #380,998
  • Jun 9, 2014 6:37am Jun 9, 2014 6:37am
Quoting OnlineAddict
{quote} I think we are seeing eur's bottom for the week, or close to it. I don't want to be bear on either eur and gbp from now on.
a brave man could got short 802 resistance now ,,it has to be ,, off the pivot pp trade on manage in case wrong
  • #380,999
  • Jun 9, 2014 6:38am Jun 9, 2014 6:38am
1.6817 is a minimum target for a long scalp...then lets see where the H4 close during US session. Its close to the channel...if it breaks above and closes there, I wouldn't want to have shorts open.
Everyone can see the chart, but only a few can actually read it.
  • #381,000
  • Jun 9, 2014 6:39am Jun 9, 2014 6:39am
Quoting elbert3
{quote} a brave man could got short 802 resistance now ,,it has to be ,, off the pivot pp trade on manage in case wrong
I don't want to be brave on gbp, got burned many times before.
Everyone can see the chart, but only a few can actually read it.
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