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Cable Update (GBPUSD)

  • #387,681
  • Jul 17, 2014 12:31am Jul 17, 2014 12:31am
European opening calls:
$FTSE 6769 down 16
$DAX 9841 down 18
$CAC 4357 down 12
$IBEX 10655 down 14
$MIB 21003 down 67

event risks from the US

trade safe
  • #387,682
  • Jul 17, 2014 12:53am Jul 17, 2014 12:53am
Quoting eliteincome
{quote} Gidday Champ Yeah caught that one Looking at we short to 1.94 maybe lower Lets see what NZ upto

I scalped 30 pips shorts from it's upside levels. I'm still waiting for it to reach 1.9715 for me to scalp again or maybe position trade from there, but It's too risky to short it since one missed "increase in rates" for NZD would lead a huge drop in kiwi. But I expect that the pair would just trade within the range for a week and so until further change in sentiments. Goodluck on your short! I envy you were able to long on it's 300 pip rally for a single day
  • #387,683
  • Jul 17, 2014 1:24am Jul 17, 2014 1:24am
Morning E .. love it when a plan comes together .. trading this pair is just like magic dont u think.. pips after pips after.. simples hey
  • #387,684
  • Jul 17, 2014 1:37am Jul 17, 2014 1:37am
Quoting OnlineAddict
{quote} Out at 7142, this is too boring to watch, I don't like the PA. Not entering short here, though.
Morning i bet you could kick yourself..sorry buddy
  • #387,685
  • Jul 17, 2014 1:38am Jul 17, 2014 1:38am
Quoting DerekTrotter
Morning E .. love it when a plan comes together .. trading this pair is just like magic dont u think.. pips after pips after.. simples hey
morning dell back 2 mins
  • #387,686
  • Jul 17, 2014 1:41am Jul 17, 2014 1:41am
No big news for pound today,we could go under 1.71
Just think...
  • #387,687
  • Jul 17, 2014 1:49am Jul 17, 2014 1:49am
Quoting Mr. Scott
{quote} Hi Billy and Davit, Billy, you still here? Can you even see the screen? Looks good. {image} {image} {image}
morning mr scott i got up to find no move up eur gbchf ?? sl is just on the open happy if it gets taken out could go the same way there both heading .you nearly lost your award this morning couple of pips away...lol hope we can see a good move down now. of to Jersey today ot for party thou just the opposite,we are going to start a new post its going to be called the Hic hickers guide to fx trading ...lol gl back sunday night god willing,,as ever Billy
  • #387,688
  • Jul 17, 2014 1:50am Jul 17, 2014 1:50am
Looks like rejection candle again
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH4.png Size: 24 KB
Come with me if you want to live....
  • #387,689
  • Jul 17, 2014 1:52am Jul 17, 2014 1:52am
tickets already.. airmiles cashed in of course and .. remember now .. Dont wanna be bus driver all me life ..

www.youtube.com/watch?v=GaElH0EHjIs
  • #387,690
  • Jul 17, 2014 1:54am Jul 17, 2014 1:54am
Attached Image (click to enlarge)
Click to Enlarge Name: image.jpg Size: 104 KB
  • #387,691
  • Jul 17, 2014 2:35am Jul 17, 2014 2:35am
Quoting DerekTrotter
tickets already.. airmiles cashed in of course and .. remember now .. Dont wanna be bus driver all me life .. www.youtube.com/watch?v=GaElH0EHjIs
Typically Tropical, yes Sir! Thanks for sharing!
Be water, my friend
  • #387,692
  • Jul 17, 2014 2:49am Jul 17, 2014 2:49am
Quoting spocktrader
{quote} Typically Tropical, yes Sir! Thanks for sharing!
Yeh u got it Bro.. was the magical summer of 75..
Love this place but hey lets not forget life is here to be enjoyed u know they created the word PARTY for a reason.. well 3 of em, thats find one, have one or best yet make one.. jack daniels here we come.. catch up with you lovely happy traders in a few weeks time ..
good pip hunting to all
Dell
  • #387,693
  • Jul 17, 2014 3:06am Jul 17, 2014 3:06am
Quoting OnlineAddict
Long euro 3525, target 3566. SL not sure yet, waiting for EU open.
Out with only +7 at 3533...this shit wants to go down, waiting for 3535 to enter short, if I don't get it or close to it, I'm out and possibly long 3470 tomorrow.

EDIT: Short 3534, will wait for hourly close, if we don't break last hour high, my SL will be only 3 pips.
Everyone can see the chart, but only a few can actually read it.
  • #387,694
  • Jul 17, 2014 3:22am Jul 17, 2014 3:22am
Its decision time... 7050? Maybe..
  • #387,695
  • Jul 17, 2014 3:26am Jul 17, 2014 3:26am
Quoting Naokia980
Its decision time... 7050? Maybe..
I was looking at the same...probably 7055, to long it. If eur goes down, it takes cable with it.
Everyone can see the chart, but only a few can actually read it.
  • #387,696
  • Jul 17, 2014 3:27am Jul 17, 2014 3:27am
Quoting cspip
If it does rise (with maybe a touch to 1.7142 and then bounce from 1.7126)..... then around 1.7177 could be the target and good to short from
Touched 1.7142 but 1.7126 couldn't hold it...........might bounce from 1.7105
  • #387,697
  • Jul 17, 2014 3:29am Jul 17, 2014 3:29am
6900...are we there yet? No? Ohhhh alright. I'll..... .... some more. Jeepers!
Ghost Rider - WWTBMD?
  • #387,698
  • Jul 17, 2014 3:40am Jul 17, 2014 3:40am
A break above 1.7150 now seems to be proving as a fake-out. A break below 1.7110 would confirm the same and GBPUSD could easily drop back to 1.7060-50 intermediate support before dropping further to 1.7000 psychological mark.
Attached Image
  • #387,699
  • Jul 17, 2014 3:50am Jul 17, 2014 3:50am
Quoting albchr
6900...are we there yet? No? Ohhhh alright. I'll..... .... some more. Jeepers!
check eur/gbp for cues on this pair. gbp has weakened against JPY, CHF, CAD. what is remaining is euro. after data at 2:30 it will come
  • #387,700
  • Jul 17, 2014 3:50am Jul 17, 2014 3:50am
My channel looks like that
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdh4_03.png Size: 19 KB
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