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Cable Update (GBPUSD)

  • #381,021
  • Jun 9, 2014 9:02am Jun 9, 2014 9:02am
very possible euro goes back too 1.3553 if cable movves up too 87 which is likely looking at it
  • #381,022
  • Jun 9, 2014 9:04am Jun 9, 2014 9:04am
Not that it wasn't expected with the bank holidays but, man this is taking a long time to drop to my buy area....lol
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdmdaily.PNG Size: 79 KB
Ghost Rider - WWTBMD?
  • #381,023
  • Jun 9, 2014 9:13am Jun 9, 2014 9:13am
Quoting RussJ
very possible euro goes back too 1.3553 if cable movves up too 87 which is likely looking at it
Definitely not today...volume is slowing down. Anyway, if you don't leverage 1:100 and more, your trade is safe, I think. Definitely needs to go up to 3630, if it wants to go lower. Almost 100 pips on a no-news day is more than enough...now its time for a little retrace.
Everyone can see the chart, but only a few can actually read it.
  • #381,024
  • Jun 9, 2014 9:19am Jun 9, 2014 9:19am
really can't see your line of thinking as tradable info

Quoting OnlineAddict
{quote} Definitely not today...volume is slowing down. Anyway, if you don't leverage 1:100 and more, your trade is safe, I think. Definitely needs to go up to 3630, if it wants to go lower. Almost 100 pips on a no-news day is more than enough...now its time for a little retrace.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #381,025
  • Jun 9, 2014 9:32am Jun 9, 2014 9:32am
Attached Image (click to enlarge)
Click to Enlarge Name: EUR4.png Size: 112 KB
  • #381,026
  • Jun 9, 2014 9:34am Jun 9, 2014 9:34am
how I see h8 ,bulls a little
of tl,
bear a little
783
but bear have upper hand for now


Quoting Bones
how I read weekly ,in an ideal world tho Id like to see below 783 close d1 {image}
Attached Image (click to enlarge)
Click to Enlarge Name: gbp USD h8 9 june (DFB).png Size: 38 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #381,027
  • Jun 9, 2014 9:36am Jun 9, 2014 9:36am
Attached Image (click to enlarge)
Click to Enlarge Name: DAYMON2.png Size: 100 KB
do you take the profit on the 10 ema???
  • #381,028
  • Jun 9, 2014 9:38am Jun 9, 2014 9:38am
Quoting bones
how i see h8 ,bulls a little Of tl, bear a little 783 but bear have upper hand for now {quote} {image}
hi bones if we can break 776 bear is stronger i think
  • #381,029
  • Jun 9, 2014 9:54am Jun 9, 2014 9:54am
Quoting Bones
really can't see your line of thinking as tradable info {quote}
Well, if you were a bear with a big account...where would you short it? 5 pips away from a bottom after a 90 pip drop? No. If you were a bear with enough volume, you would spike the price back up to short it from there. If EUR doesn't retrace from here, in a normal healthy way, then this drop doesn't mean anything and it will go up soon. Same for cable, if we don't break 80 today, bears might be done for a while. Because we had a spike to 6845 and a drop that didn't break 80, then a spike to 6832 and a drop which if it doesn't break 80, it may mean we need even a higher spike to 6860, to break 6780. Just my opinion, don't trade it, nobody better trade my thoughts, I may be wrong.
Everyone can see the chart, but only a few can actually read it.
  • #381,030
  • Jun 9, 2014 9:54am Jun 9, 2014 9:54am
On a non-news day Cable should have fallen below 6780. Let's see if it can handle this are by tomorrow.. if not north is guaranteed, especially that tomorrow plan for industrial production could be beaten. it UK after all. Economy pumps.:nerd: just my 2 words.
No emotions, just trade
  • #381,031
  • Jun 9, 2014 9:56am Jun 9, 2014 9:56am
Quoting elbert3
{image} do you take the profit on the 10 ema???
I like your upper x, if we get there this week, 30-60 minutes before some major GBP news, tomorrow or wednesday, I will short the hell out of it.
Everyone can see the chart, but only a few can actually read it.
  • #381,032
  • Jun 9, 2014 9:58am Jun 9, 2014 9:58am
Quoting onlineaddict
{quote} i like your upper x, if we get there this week, 30-60 minutes before some major gbp news, tomorrow or wednesday, i will short the hell out of it. :d
hi sorry i should of moved that ...it ant going there ??????lol
  • #381,033
  • Jun 9, 2014 10:01am Jun 9, 2014 10:01am
Quoting onlineaddict
{quote} well, if you were a bear with a big account...where would you short it? 5 pips away from a bottom after a 90 pip drop? No. If you were a bear with enough volume, you would spike the price back up to short it from there. If eur doesn't retrace from here, in a normal healthy way, then this drop doesn't mean anything and it will go up soon. Same for cable, if we don't break 80 today, bears might be done for a while. Because we had a spike to 6845 and a drop that didn't break 80, then a spike to 6832 and a drop which if it doesn't break 80,...
Attached Image (click to enlarge)
Click to Enlarge Name: 15.png Size: 96 KB
lets see if we stay in the down trend channel 6795 could now be resistance ,, a brave man could sell ?? Lol
  • #381,034
  • Jun 9, 2014 10:01am Jun 9, 2014 10:01am
Quoting elbert3
{quote} hi sorry i should of moved that ...it ant going there ??????lol
Why did it change? You think 1.6665 is coming first?
Everyone can see the chart, but only a few can actually read it.
  • #381,035
  • Jun 9, 2014 10:03am Jun 9, 2014 10:03am
Quoting onlineaddict
{quote} why did it change? You think 1.6665 is coming first?
665 million dollar question.??? Lol
  • #381,036
  • Jun 9, 2014 10:06am Jun 9, 2014 10:06am
Quoting elbert3
{quote} {image} lets see if we stay in the down trend channel 6795 could now be resistance ,, a brave man could sell ?? Lol
I'm looking at H4, 80 must hold...or even better 84.

Attached Image (click to enlarge)
Click to Enlarge Name: gbp.png Size: 26 KB
Everyone can see the chart, but only a few can actually read it.
  • #381,037
  • Jun 9, 2014 10:06am Jun 9, 2014 10:06am
haha ,don't you use charts

Quoting OnlineAddict
{quote} Well, if you were a bear with a big account...where would you short it? 5 pips away from a bottom after a 90 pip drop? No. If you were a bear with enough volume, you would spike the price back up to short it from there. If EUR doesn't retrace from here, in a normal healthy way, then this drop doesn't mean anything and it will go up soon. Same for cable, if we don't break 80 today, bears might be done for a while. Because we had a spike to 6845 and a drop that didn't break 80, then a spike to 6832 and a drop which if it doesn't break 80,...
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #381,038
  • Jun 9, 2014 10:07am Jun 9, 2014 10:07am
don't get me wrong I'm hoping eu goes up or holds ,eb under water

Quoting Bones
haha ,don't you use charts {quote}
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #381,039
  • Jun 9, 2014 10:08am Jun 9, 2014 10:08am
Attached Image (click to enlarge)
Click to Enlarge Name: 5min.png Size: 93 KB
looking to break the lower trend channel, be care full could spike on the bottom, i might tp there PP 6796
  • #381,040
  • Jun 9, 2014 10:08am Jun 9, 2014 10:08am
Well I bet against 80 capable of holding. Still on the short side
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