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Cable Update (GBPUSD)

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  • Post #384,661
  • Quote
  • Jul 1, 2014 10:04am Jul 1, 2014 10:04am
  •  Fx-gtg
  • | Joined Dec 2011 | Status: Member | 947 Posts
1.7159 short
looking 100 pips down next week
 
 
  • Post #384,662
  • Quote
  • Jul 1, 2014 10:05am Jul 1, 2014 10:05am
  •  Rtm
  • Joined Jan 2011 | Status: dump and pump | 4,055 Posts
Whole market going to top soon sending these stocks crashing, US already full of shit and heading down path. Just need ST interest rate spike and will be good to go!
All posts are my personal opinion
 
 
  • Post #384,663
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  • Jul 1, 2014 10:07am Jul 1, 2014 10:07am
  •  cspip
  • | Joined Aug 2009 | Status: Member | 1,871 Posts
if it holds then 1.7089 could be next
 
 
  • Post #384,664
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  • Jul 1, 2014 10:07am Jul 1, 2014 10:07am
  •  Mr.Kane
  • | Joined May 2014 | Status: Member | 138 Posts
Quoting Fx-gtg
Disliked
1.7159 short looking 100 pips down next week
Ignored
EXACTLY !!
Attached Image (click to enlarge)
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Size: 260 KB
 
 
  • Post #384,665
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  • Jul 1, 2014 10:09am Jul 1, 2014 10:09am
  •  julia2011
  • | Joined Aug 2011 | Status: Member | 486 Posts
Quoting julia2011
Disliked
SHORT 17130 tp open sl 17160
Ignored
i inter again short 17155
sl 17165
tp open
 
 
  • Post #384,666
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  • Jul 1, 2014 10:13am Jul 1, 2014 10:13am
  •  Janut
  • | Joined May 2014 | Status: Member | 251 Posts
could be start of sell off, eur is moving hard also. fake.
No emotions, just trade
 
 
  • Post #384,667
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  • Jul 1, 2014 10:16am Jul 1, 2014 10:16am
  •  kweiss10
  • | Joined Jul 2013 | Status: Member | 748 Posts
Quoting dinesh2014
Disliked
{quote} 1.6968
Ignored
I have shorts from 1.70x and I intend to keep them although this is extremely bull. I am adding to shorts.
 
 
  • Post #384,668
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  • Jul 1, 2014 10:21am Jul 1, 2014 10:21am
  •  Mr.Kane
  • | Joined May 2014 | Status: Member | 138 Posts
Quoting julia2011
Disliked
{quote} i inter again short 17155 sl 17165 tp open
Ignored
TP 170.65 (previous high on H4)
9:1 ratio

will be happy ending

 
 
  • Post #384,669
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  • Jul 1, 2014 10:47am Jul 1, 2014 10:47am
  •  navk
  • Joined Oct 2010 | Status: Trader | 15,493 Posts | Online Now
Quoting navk
Disliked
{quote} NY has the habit of reversing the trend in the past.
Ignored
NY seems to be doing what it has been doing in the past.
Intraday only.
 
 
  • Post #384,670
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  • Jul 1, 2014 11:03am Jul 1, 2014 11:03am
  •  45Condor
  • Joined Aug 2009 | Status: Technical fundamentalist | 2,202 Posts
As referenced to in this post from earlier, the FXCM Dollar has kissed the 161.8 FE. Triple bottom on the weekly, or will it break…
FXCM Dollar weekly:
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FXCM Dollar daily
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FTSE having a little surge today
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As for Cable, well, it seems to me that she has given up for the day. I don’t expect anything much until Construction PMI tomorrow at 09:30 GMT.
Author of: For Pip's Sake! (Available at Amazon... :-) )
 
 
  • Post #384,671
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  • Jul 1, 2014 11:04am Jul 1, 2014 11:04am
  •  cspip
  • | Joined Aug 2009 | Status: Member | 1,871 Posts
Now it may go back up to 1.7148.........
 
 
  • Post #384,672
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  • Jul 1, 2014 11:22am Jul 1, 2014 11:22am
  •  navk
  • Joined Oct 2010 | Status: Trader | 15,493 Posts | Online Now
Quoting cspip
Disliked
Now it may go back up to 1.7148.........
Ignored
EMA....so small bounce over there.
Intraday only.
 
 
  • Post #384,673
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  • Jul 1, 2014 11:37am Jul 1, 2014 11:37am
  •  Janut
  • | Joined May 2014 | Status: Member | 251 Posts
On the daily bullish channel we are not over yet. I do not know if we shall go over there, but graphic show we can. Lets monitor.
No emotions, just trade
 
 
  • Post #384,674
  • Quote
  • Jul 1, 2014 11:42am Jul 1, 2014 11:42am
  •  cspip
  • | Joined Aug 2009 | Status: Member | 1,871 Posts
Quoting navk
Disliked
{quote} EMA....so small bounce over there.
Ignored
meaning ?
 
 
  • Post #384,675
  • Quote
  • Jul 1, 2014 11:45am Jul 1, 2014 11:45am
  •  navk
  • Joined Oct 2010 | Status: Trader | 15,493 Posts | Online Now
Quoting Janut
Disliked
On the daily bullish channel we are not over yet. I do not know if we shall go over there, but graphic show we can. Lets monitor.
Ignored
Today's close is important. Let us see.
Intraday only.
 
 
  • Post #384,676
  • Quote
  • Jul 1, 2014 11:45am Jul 1, 2014 11:45am
  •  navk
  • Joined Oct 2010 | Status: Trader | 15,493 Posts | Online Now
Quoting cspip
Disliked
{quote} meaning ?
Ignored
100 EMA in 5 min chart
Intraday only.
 
 
  • Post #384,677
  • Quote
  • Jul 1, 2014 11:51am Jul 1, 2014 11:51am
  •  Janut
  • | Joined May 2014 | Status: Member | 251 Posts
Check tomorrow construction index on cable it was in red within last four months. The probability to come in green is very high. Later on we have adr figures. Plan to high i think. I dont know. More rationale is to buy on dips.
No emotions, just trade
 
 
  • Post #384,678
  • Quote
  • Jul 1, 2014 11:57am Jul 1, 2014 11:57am
  •  navk
  • Joined Oct 2010 | Status: Trader | 15,493 Posts | Online Now
If the price closes below 1.7120, then probably tomorrow ranging day and the price could dip below 1.6994 today's low price.
Intraday only.
 
 
  • Post #384,679
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  • Jul 1, 2014 12:12pm Jul 1, 2014 12:12pm
  •  Hardon
  • | Joined Jul 2014 | Status: Junior Member | 7 Posts
Quoting Janut
Disliked
Check tomorrow construction index on cable it was in red within last four months. The probability to come in green is very high. Later on we have adr figures. Plan to high i think. I dont know. More rationale is to buy on dips.
Ignored
Totally agree it wont be a sell week untill next week - my opinion based on the assumption that with the cable at this high then companies will benefit for a few days to take advantage . of the exchange rate for sure - just look at any car manufactuer and u will see ..
 
 
  • Post #384,680
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  • Jul 1, 2014 12:17pm Jul 1, 2014 12:17pm
  •  Jenx
  • Joined Dec 2013 | Status: Member | 495 Posts
Got my net short at 1.7113 now. As soon as thats in profit I'm pulling the plug on this fucker!
Where price is now, it has been before, and will be again.
 
 
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