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Cable Update (GBPUSD)

  • #384,581
  • Jul 1, 2014 5:23am Jul 1, 2014 5:23am
Quoting elbert3
{quote} Morning Al, 6 pips up would that of paid the commission ? lol just for fun gl
+7.3 as of this post. I "might" "MIGHT" get that 11 ...
Ghost Rider - WWTBMD?
  • #384,582
  • Jul 1, 2014 5:27am Jul 1, 2014 5:27am
Quoting albchr
{quote} +7.3 as of this post. I "might" "MIGHT" get that 11 ...
usa usa,,lol your not leverage acc are you ???
  • #384,583
  • Jul 1, 2014 5:32am Jul 1, 2014 5:32am
Quoting albchr
{quote} +7.3 as of this post. I "might" "MIGHT" get that 11 ...
I will give you much more just hold your position and move TP to 7060 and SL to your entry.
  • #384,584
  • Jul 1, 2014 5:34am Jul 1, 2014 5:34am
Quoting elbert3
{quote} usa usa,,lol your not leverage acc are you ???
LOL...yeah, bet the farm. Do or die!
Ghost Rider - WWTBMD?
  • #384,585
  • Jul 1, 2014 5:37am Jul 1, 2014 5:37am
Quoting albchr
{quote} LOL...yeah, bet the farm. Do or die!
l yes imagime scalping 1 million to get 20 pips,,, i bet some do ..
  • #384,586
  • Jul 1, 2014 5:39am Jul 1, 2014 5:39am
1.7150 holds some decent sell interest and a nice juicy barrier and the attack is on. 1.7147 the high so far but it looks like a matter of when not if at the moment.
Technically we can run wild and free all the way up to the 50.0 fib of the 2007/2009 hi/lo at 1.7330, though I expect they’ll be some orders in the way of that run.
courtesy forexlive
Attached Image (click to enlarge)
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  • #384,587
  • Jul 1, 2014 5:40am Jul 1, 2014 5:40am
Quoting elbert3
{quote} l yes imagime scalping 1 million to get 20 pips,,, i bet some do ..
If so, they better be multi billionaires because they won't last long.

Ohhhh..... 9.5
Ghost Rider - WWTBMD?
  • #384,588
  • Jul 1, 2014 5:44am Jul 1, 2014 5:44am
Quoting albchr
{quote} If so, they better be multi billionaires because they won't last long. Ohhhh..... 9.5
... 6.5 ....
Attached Image (click to enlarge)
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Ghost Rider - WWTBMD?
  • #384,589
  • Jul 1, 2014 5:47am Jul 1, 2014 5:47am
Quoting albchr
{quote} If so, they better be multi billionaires because they won't last long. Ohhhh..... 9.5
lol free trade,, well on 1 at least lol..it my friends birthday Friday,i asked him what he wants,he said some wine for his cellar????? if he thinks i am going to buy him wine that i cant drink for 5 years he does not know me ?
  • #384,590
  • Jul 1, 2014 5:52am Jul 1, 2014 5:52am
Quoting elbert3
{quote} lol free trade,, well on 1 at least lol..it my friends birthday friday,i saked him what he wants,he said some wine for his cellar????? if he thinks i am going to buy him wine that i cant drink for 5 years he does not know me ?
Have your broker send him some. You must have a truckload by now.

I took 6.3 ... FINALLY!!! I can retire! ...
Attached Image (click to enlarge)
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Ghost Rider - WWTBMD?
  • #384,591
  • Jul 1, 2014 5:57am Jul 1, 2014 5:57am
Quoting albchr
{quote} Have your broker send him some. You must have a truckload by now. I took 6.3 ... FINALLY!!! I can retire! ... {image}
  • #384,592
  • Jul 1, 2014 5:58am Jul 1, 2014 5:58am
Quoting elbert3
{quote} lol free trade,, well on 1 at least lol..it my friends birthday Friday,i asked him what he wants,he said some wine for his cellar????? if he thinks i am going to buy him wine that i cant drink for 5 years he does not know me ?
http://assets.forexlive.com/wp-conte...-07-2014-2.png
Intraday only.
  • #384,593
  • Jul 1, 2014 6:00am Jul 1, 2014 6:00am
Quoting elbert3
{quote}
Are we starting to see? SR/SD?

Quoting albchr
Just for kicks I'm looking see if I can get even 11 pips out of this testing last SR on a 5M chart. No retreat at all so far. The bulls are serious here. Short at 7140 SL at 7160 and I won't even wait that far. lol {image}
Attached Image (click to enlarge)
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Ghost Rider - WWTBMD?
  • #384,594
  • Jul 1, 2014 6:03am Jul 1, 2014 6:03am
GBPUSD is in breakout mode. Potential resistance cited

Daily Forex Trading Outlook

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  • #384,595
  • Jul 1, 2014 6:08am Jul 1, 2014 6:08am
GU Weekly

After PMI data Cable at levels last seen 2008 bulls in charge or just charging? Retracement and sideways PA after the move... very interesting still no real pullbacks

Weekly chart shows current breakout of the Aug 2009 level in progress, what it does after this is anyone guess as always but there is generalised channel up price action with very overbought conditions or the relative strength index has found sustained support above 56 = sustained uptrend (just another way of looking at trend)
She's a real monster, didn't even stop to test support she just flew up again and looks to keep it on... I'm sure as soon as everyone is net long and has stopped trying the short side she'll dive out of the sky....

Attached Image
  • #384,596
  • Jul 1, 2014 6:18am Jul 1, 2014 6:18am
Quoting JimmyC
She's a real monster, didn't even stop to test support she just flew up again and looks to keep it on... I'm sure as soon as everyone is net long and has stopped trying the short side she'll dive out of the sky.... {image}
Ghost Rider - WWTBMD?
  • #384,597
  • Jul 1, 2014 6:20am Jul 1, 2014 6:20am
Quoting JimmyC
GU Weekly After PMI data Cable at levels last seen 2008 bulls in charge or just charging? Retracement and sideways PA after the move... very interesting still no real pullbacks Weekly chart shows current breakout of the Aug 2009 level in progress, what it does after this is anyone guess as always but there is generalised channel up price action with very overbought conditions or the relative strength index has found sustained support above 56 = sustained uptrend (just another way of looking at trend) She's a real monster, didn't even stop to test...
Yes when the last trader panics and sells I think this asshole will drop. I thought the last trader had already panicked when it hit 1.7114 yesterday
  • #384,598
  • Jul 1, 2014 6:21am Jul 1, 2014 6:21am
Quoting navk
{quote} {image}
there are sell stops building at 7110.
  • #384,599
  • Jul 1, 2014 6:23am Jul 1, 2014 6:23am
Quoting mubyas
{quote} so what this so called mysterious trader who predicted 7150 says now , where will the cable move and when the hell it will start correction
I can't tell you who he is but if you check my lastw eek monday's post I mentioned that. I myself could not believe what he said.
  • #384,600
  • Jul 1, 2014 6:24am Jul 1, 2014 6:24am
Quoting giveachance
{quote} there are sell stops building at 7110.
Those stops have been taken and it moved up to 7147.

Now the level (7150) mentioned there is holing up.
Intraday only.
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