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Cable Update (GBPUSD)

  • #386,041
  • Jul 9, 2014 2:39am Jul 9, 2014 2:39am
I see a complicated mess at the moment. plenty of support down to 17,110, and a little more breathing space on the upside for me up to around 164. Either way, not a great prospect for netting pips.
  • #386,042
  • Jul 9, 2014 2:40am Jul 9, 2014 2:40am
Quoting spinozagr
will this pattern be confirmed? hope not valid till 1,7082 Venceremos {image}
The pattern eventually confirmed... almost touches the C ... will it manage to get the A point? Not sure...but we are talking about forex....

the main pattern remains in my chart bearish and from this point (C) we might see new lows

but lets see

Venceremos
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The good thing with the future is that it is progressively approaching...
  • #386,043
  • Jul 9, 2014 2:51am Jul 9, 2014 2:51am
Sold 171 700 4th July.
  • #386,044
  • Jul 9, 2014 3:02am Jul 9, 2014 3:02am
falling it is now. 1.7100 may go easily today and it will start moving towards 7065
  • #386,045
  • Jul 9, 2014 3:07am Jul 9, 2014 3:07am
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Ghost Rider - WWTBMD?
  • #386,046
  • Jul 9, 2014 3:11am Jul 9, 2014 3:11am
Quoting grin
{quote} I would find it tough to see through 2/3 of it evaporate unless a truly big move is targeted.
Thats a good call there Grin - u see i play a long game these days and guess we all see what goes around comes back around with this pair.. for the most part so cool with this ..
  • #386,047
  • Jul 9, 2014 3:46am Jul 9, 2014 3:46am
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morning all 706 is still the target for me
  • #386,048
  • Jul 9, 2014 4:11am Jul 9, 2014 4:11am
Quoting albchr
{image}
Feels like this....
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  • #386,049
  • Jul 9, 2014 4:13am Jul 9, 2014 4:13am
Especially when the strategy was this....
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  • #386,050
  • Jul 9, 2014 4:14am Jul 9, 2014 4:14am
Quoting JimmyC
{quote} Feels like this.... {image}
http://www.smileyvault.com/albums/ba...t-happyyes.gif
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Ghost Rider - WWTBMD?
  • #386,051
  • Jul 9, 2014 4:15am Jul 9, 2014 4:15am
Quoting JimmyC
{quote} Feels like this.... {image}
lol if it is the booze Jim best pack it in now because the older you get the worse it gets lol
  • #386,052
  • Jul 9, 2014 4:18am Jul 9, 2014 4:18am
Quoting albchr
{quote} {image} {image}
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morning Al, just watching 09 area it is resistance and fib number watch for a bounce , i might pull trades if it does
  • #386,053
  • Jul 9, 2014 4:21am Jul 9, 2014 4:21am
Quoting elbert3
{quote} {image} morning Al, just watching 09 area it is resistance and fib number watch for a bounce , i might pull trades if it does
Morning El. Kind of why I have 07 marked there Buddy. Already bounced once. Demand weaker but might again a bit. 5th floor.... Going ....once the elevator guy wakes up...
Ghost Rider - WWTBMD?
  • #386,054
  • Jul 9, 2014 4:26am Jul 9, 2014 4:26am
Quoting elbert3
{quote} lol if it is the booze Jim best pack it in now because the older you get the worse it gets lol
Amen brother, ancient wisdom....

No country for old men... or pissed men...

No matter how rich they are....
  • #386,055
  • Jul 9, 2014 4:30am Jul 9, 2014 4:30am
I forgot to say
FOMC
Everything could change in heart beat....
  • #386,056
  • Jul 9, 2014 4:35am Jul 9, 2014 4:35am
Quoting JimmyC
{quote} Amen brother, ancient wisdom.... No country for old men... or pissed men... No matter how rich they are....
... lol
Attached Image
Ghost Rider - WWTBMD?
  • #386,057
  • Jul 9, 2014 4:36am Jul 9, 2014 4:36am
Quoting JimmyC
{quote} Amen brother, ancient wisdom.... No country for old men... or pissed men... No matter how rich they are....
If that ZAR setup works out, you can at least afford protection
Fix up, trade sharp ...
  • #386,058
  • Jul 9, 2014 4:36am Jul 9, 2014 4:36am
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Ghost Rider - WWTBMD?
  • #386,059
  • Jul 9, 2014 4:37am Jul 9, 2014 4:37am
Quoting JimmyC
I forgot to say FOMC Everything could change in heart beat....
Oh yeah ... and that is why I will get out before. In my early days I turned a big win into a huge loss in 5 minutes of FOMC blabla ...
Fix up, trade sharp ...
  • #386,060
  • Jul 9, 2014 4:37am Jul 9, 2014 4:37am
Quoting JimmyC
I forgot to say FOMC Everything could change in heart beat....

whats your opinion on which way the FOMC may take GU?
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