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Cable Update (GBPUSD)

  • #381,221
  • Jun 10, 2014 12:57pm Jun 10, 2014 12:57pm
Quoting OnlineAddict
{quote} It is, but why don't you wait for a higher number? Tomorrow is news day...it will spike up before a fall. I think 6782 will be seen before a fall. If the news are not positive.
i am hoping its coming off ema to carry on down
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  • #381,222
  • Jun 10, 2014 2:04pm Jun 10, 2014 2:04pm
Just closed the short from yesterday am 50 pips and now Long again and staying long ..

Have confirmation on higher tf - usually only go in on the four hour when it confirms .. jumping slightly but hey lets see this time tomorrow evening ..
  • #381,223
  • Jun 10, 2014 2:12pm Jun 10, 2014 2:12pm
Quoting DerekTrotter
Just closed the short from yesterday am 50 pips and now Long again and staying long .. Have confirmation on higher tf - usually only go in on the four hour when it confirms .. jumping slightly but hey lets see this time tomorrow evening ..
dell boy good eve,, had a great day looking forward to 665 ,, sorry just off to bed pump fitted today we have a ascot day party 21st so should be warm by then lol ,, your up to no good again, lol
  • #381,224
  • Jun 10, 2014 2:15pm Jun 10, 2014 2:15pm
Quoting DerekTrotter
Just closed the short from yesterday am 50 pips and now Long again and staying long .. Have confirmation on higher tf - usually only go in on the four hour when it confirms .. jumping slightly but hey lets see this time tomorrow evening ..
night dell
  • #381,225
  • Jun 10, 2014 3:15pm Jun 10, 2014 3:15pm
Quoting Kajos2250
{quote} The wave count has roules that your count does not contain... Wave 4 never hurt wave 2 except in 5 waves... and so on...
i had not understand what you are talking about , but i wanna discuses with you about my chart
  • #381,226
  • Jun 10, 2014 3:18pm Jun 10, 2014 3:18pm
Quoting Kajos2250
{quote} The wave count has roules that your count does not contain... Wave 4 never hurt wave 2 except in 5 waves... and so on...
if you are talking about the c wave , i wanna tell you that the wave is not impulsive , it's a ending diagonal , so as it's a kind of the impulsive wave i had count it using number
  • #381,227
  • Jun 10, 2014 3:29pm Jun 10, 2014 3:29pm
Quoting elbert3
{quote} dell boy good eve,, had a great day looking forward to 665 ,, sorry just off to bed pump fitted today we have a ascot day party 21st so should be warm by then lol ,, your up to no good again, lol
well done E .. sounds like u got a few parties planned.. and yes ur totally correct as per usual .. always upto something lol.. be cool busy news day tomorrow i take it . keep an look out me hardy shipmates..
  • #381,228
  • Jun 10, 2014 3:33pm Jun 10, 2014 3:33pm
Quoting Makavell
{quote} Would love to see where ur pants would be after the hurricane and you see the number 1.7031 on your screen

we don't need debate , after few days since i post , and now the result . GBP down to 1.6752
and it will bearish for GBP bro
sarjanaforex dot com
  • #381,229
  • Jun 10, 2014 3:50pm Jun 10, 2014 3:50pm
I'm still short with a TP somewhere in the area of 1.6590. Looking for a long position in the area of 1.657. These figures are inter alia based on the formed Gartley bullish pattern.

What are your thoughts on this?

Best regards,

Frietzak

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  • #381,230
  • Jun 10, 2014 3:59pm Jun 10, 2014 3:59pm
Quoting frietzak
I'm still short with a TP somewhere in the area of 1.6590. Looking for a long position in the area of 1.657. These figures are inter alia based on the formed Gartley bullish pattern. What are your thoughts on this? Best regards, Frietzak {image}
good luck bro
i am agree with u gbp will go to area of 1.6590 but it's a long journey maybe next month
God bless
sarjanaforex dot com
  • #381,231
  • Jun 10, 2014 5:15pm Jun 10, 2014 5:15pm
I'm still bear..

Set limit short at 6770 - 6790 - 6810 SL 6820
TP 6734 - 6725 - 6700
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  • #381,232
  • Jun 10, 2014 5:38pm Jun 10, 2014 5:38pm
Quoting OnlineAddict
Looks like one more drop will follow tomorrow, this time, I would like to be on board, with a tight SL, just in case. I will look into a short on eurusd at 3590 and gbpusd at 6782, 12 pip SL should be enough, because if that broke, its going higher, anyway. Just have to decide which one to short. Targets for both would be below today's lows. I would long the hell out of cable around 6670, even kept that trade open for until next week...for 6860 or more. EDIT: I forgot about my cable number from the weekend, 6708, so maybe not even 6670. But that...
None of this is valid anymore...I'm staying out of shorting this.
Everyone can see the chart, but only a few can actually read it.
  • #381,233
  • Jun 10, 2014 6:54pm Jun 10, 2014 6:54pm
Quoting OnlineAddict
{quote} None of this is valid anymore...I'm staying out of shorting this.
why not dude?
  • #381,234
  • Jun 10, 2014 7:42pm Jun 10, 2014 7:42pm
Morning all... with regards to Euro its had its chanc eto go higher... and its failed... USD still not managed to get over that 88 level but that hasn;t stopped Euro from falling even when USD touched that 88 significant level.

Hoping EURO USD price gets too 1.3504 before Pre London.... scalp long too 1.3548 (Pre London trade)

Then slam the short on at 1.3548 (London and New York Trade) targeting 1.3452/47

Obviously if price goes up too that 48 level before touching 1.3504 then that will be a different scenario and I'm not expecting it

Cable different...not able to tell the short pont yet as too many variables as its not come down yet too 1.6718/14... but would imagine the short would lie up around 1.6767/69 area if it comes down first... if it ges upfirst then the short could lie at around 1.6787 area.. depends how it reacts first and what gets hit will determine the Cable short
  • #381,235
  • Jun 10, 2014 8:19pm Jun 10, 2014 8:19pm
is anyone in here using Pro Realtime charts????
  • #381,236
  • Jun 10, 2014 9:34pm Jun 10, 2014 9:34pm
Quoting OnlineAddict
{quote} None of this is valid anymore...I'm staying out of shorting this.
  • #381,237
  • Jun 10, 2014 9:50pm Jun 10, 2014 9:50pm
here's that point i was waiting for yesterday although euro has dropped so much dont like lnging it anymore but usd is retracing from its spot
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  • #381,238
  • Jun 10, 2014 10:01pm Jun 10, 2014 10:01pm
Quoting OnlineAddict
{quote} I kept the trade at 71, will close it at 88-90. And reload above 3500. I don't think 3500 can break...because that 160 pip spike from there...that was no retail...that was big money long from there. They are probably still long with a higher target, but who knows...

135 will break... i think.... usd is at the area but euro dropped too much.... euro needs to get over that mess first to have any chance of going higher but it aitn going to get overthe mess it created onm the chart (see chart below to show mess)

think euro pre london longs from 1.3504 too 1.3543 maybe as high as 48... doesn;t even have enough to reach the daily pivot at 1.3552 then shorts targetting 1.3447

prob 1.3543 too 1.3547.. if however, 1.3544/48 gets hit now before 1.3504 that iw ould be sidelined and watching price action as the mess could probably break.. but i epct price to drift down close to 1.35 then close to 7am GMT push up too 1.3543 then short
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  • #381,239
  • Jun 10, 2014 10:44pm Jun 10, 2014 10:44pm
Quoting RussJ
{quote} 135 will break... i think.... usd is at the area but euro dropped too much.... euro needs to get over that mess first to have any chance of going higher but it aitn going to get overthe mess it created onm the chart (see chart below to show mess) think euro pre london longs from 1.3504 too 1.3543 maybe as high as 48... doesn;t even have enough to reach the daily pivot at 1.3552 then shorts targetting 1.3447 prob 1.3543 too 1.3547.. if however, 1.3544/48 gets hit now before 1.3504 that iw ould be sidelined and watching price action as the...
Morning Russ gb could go up to the 6775 are meeting resistance emas( i know you don't have full faith in them but it is my trading way ) then short again,, for me yellow 50 red 20 white 10
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  • #381,240
  • Jun 10, 2014 11:05pm Jun 10, 2014 11:05pm
Quoting elbert3
{quote} Morning Russ gb could go up to the 6775 are meeting resistance emas( i know you don't have full faith in them but it is my trading way ) then short again,, for me yellow 50 red 20 white 10 {image}

GBP aint touching as gone for euro short at 1.3544 but if i were to short Cable it would be at 85/ 89 area..... Cable could possible go long at 1.6744.. if euro is at 1.3504 and cable is at 1.6744 thats the time euro will retrace and Cabnle probably will and cable has a larger retrace so more pips
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