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Cable Update (GBPUSD)

  • #384,981
  • Jul 2, 2014 7:39am Jul 2, 2014 7:39am
7138 is today's daily pivot.

If it closes below, tomorrow's open ( asia open ) will be below that. That makes things little more easier for more correction.
Intraday only.
  • #384,982
  • Jul 2, 2014 7:40am Jul 2, 2014 7:40am
Quoting elbert3
{quote} o sorry Al are you long i never can tell ,, regards
I'm flat bro. If it even makes 7130 I'm thinking about a long. I don't get too excited over a 20 pip drop.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdmh1.png Size: 52 KB
Ghost Rider - WWTBMD?
  • #384,983
  • Jul 2, 2014 7:40am Jul 2, 2014 7:40am
Quoting Perspolis
Classical DT... GO SHORT. {image}
sorry DT ??? regards E
  • #384,984
  • Jul 2, 2014 7:41am Jul 2, 2014 7:41am
Quoting albchr
{quote} I'm flat bro. If it even makes 7130 I'm thinking about a long. I don't get too excited over a 20 pip drop.
Yup, buyers are already coming back. A good opportunity to admit being wrong, take the loss and move on. Well .. at least for me
Fix up, trade sharp ...
  • #384,985
  • Jul 2, 2014 7:41am Jul 2, 2014 7:41am
http://www.theguardian.com/business/...no-higher-2002

1.60 soon
  • #384,986
  • Jul 2, 2014 7:41am Jul 2, 2014 7:41am
Quoting elbert3
{quote} sorry DT ??? regards E
Double Top
  • #384,987
  • Jul 2, 2014 7:43am Jul 2, 2014 7:43am
Quoting albchr
{quote} I'm flat bro. If it even makes 7130 I'm thinking about a long. I don't get too excited over a 20 pip drop.
no as i just posted a lot to get through,,,i have some good news thou on my side ,,i am still in
  • #384,988
  • Jul 2, 2014 7:43am Jul 2, 2014 7:43am
Quoting Perspolis
{quote} Double Top
o yes tit i am ,lol gl i am in for a different reason
  • #384,989
  • Jul 2, 2014 7:44am Jul 2, 2014 7:44am
Quoting elbert3
{quote} {image} that would be a life saver but a lot to get through 10ema white bounce area ,,
It needs to clear 7032 area ( support zone ) see the attached chart.

Then all the way to 1.7100 support zone.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdm15.png Size: 38 KB
Intraday only.
  • #384,990
  • Jul 2, 2014 7:44am Jul 2, 2014 7:44am
Quoting elbert3
{quote} no as i just posted a lot to get through,,,i have some good news thou on my side ,,i am still in
That's why I said good for you Billy. I know 20/30 is huge for you.
Ghost Rider - WWTBMD?
  • #384,991
  • Jul 2, 2014 7:45am Jul 2, 2014 7:45am
Quoting albchr
{quote} That's why I said good for you Billy. I know 20/30 is huge for you.
I am more interested in what Jimmy does though ... unless you do not have loads of money, scalping is not for me for sure.
Fix up, trade sharp ...
  • #384,992
  • Jul 2, 2014 7:46am Jul 2, 2014 7:46am
Quoting Perspolis
{quote} Double Top
sorry where double top ??
  • #384,993
  • Jul 2, 2014 7:48am Jul 2, 2014 7:48am
Quoting albchr
{quote} That's why I said good for you Billy. I know 20/30 is huge for you.
i did have an idea hence the crazzzzzy post about fakey but did not have the balls to over load it ..better safe than sorry,,thanks buddy good luck
  • #384,994
  • Jul 2, 2014 7:48am Jul 2, 2014 7:48am
Quoting JimmyC
{quote} And... bearish signal fails again and off she goes.... break of minor resistance 71650 - target 1.72 it just goes up and up and up to the great casino in the sky or maybe its just sucking in some fresh longs {image}
Hi Jimmy,

Not shorting GU today, but waiting for possible correction at that area.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdmonthly72.jpg Size: 132 KB
The world you desire can be won. It exists.. it is real.. it is possible..
  • #384,995
  • Jul 2, 2014 7:48am Jul 2, 2014 7:48am
See the hourly chart.

The 38 % FEB, support zone, 100 hr EMA, all coincides at 1.7100.

Important area.

If it wants to maintain bullish, sure we can expect a bounce at 1.7100, It is round number too.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdh1.png Size: 54 KB
Intraday only.
  • #384,996
  • Jul 2, 2014 7:49am Jul 2, 2014 7:49am
Quoting elbert3
{quote} sorry where double top ??
After a long analysis, I am proud to present the result! Double top is here, I marked it for you!

http://3.bp.blogspot.com/-lX6qqa0NmV...exSuperbra.jpg
Fix up, trade sharp ...
  • #384,997
  • Jul 2, 2014 7:51am Jul 2, 2014 7:51am
Quoting Hickson
{quote} After a long analysis, I am proud to present the result! Double top is here, I marked it for you! {image}
a bit higher will do.
  • #384,998
  • Jul 2, 2014 7:51am Jul 2, 2014 7:51am
Quoting navk
{quote} It needs to clear 7032 area ( support zone ) see the attached chart. Then all the way to 1.7100 support zone. {image}
Attached Image (click to enlarge)
Click to Enlarge Name: day.png Size: 93 KB
for me its to long away from the emas it has to come back,,lets hope it is now ,the thing is if it can today the the day candle becomes a bear move ,,i would like to say ,, but dont get caught out ,,gl
  • #384,999
  • Jul 2, 2014 7:53am Jul 2, 2014 7:53am
Quoting Hickson
{quote} After a long analysis, I am proud to present the result! Double top is here, I marked it for you! {image}
lol wir getan, aber es ist der Boden will ich sehen regards
  • #385,000
  • Jul 2, 2014 7:54am Jul 2, 2014 7:54am
Quoting navk
See the hourly chart. The 38 % FEB, support zone, 100 hr EMA, all coincides at 1.7100. Important area. If it wants to maintain bullish, sure we can expect a bounce at 1.7100, It is round number too. {image}
8 times out of 10 cable will bounce/turn on or within a couple of the xx70 xx30. So far this reached 7139 and bouncing back up. Where did it bounce at the top? 76
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