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Cable Update (GBPUSD)

  • #388,321
  • Jul 22, 2014 1:16pm Jul 22, 2014 1:16pm
Quoting Nate04
{quote} I had to do a double take a couple of times with these two also.
Yeah man, for a second I was checking my glasses and wiping my eyes there.
Attached Image
Ghost Rider - WWTBMD?
  • #388,322
  • Jul 22, 2014 1:17pm Jul 22, 2014 1:17pm
Quoting cspip
{quote} Thats Homer J. Simpson..........I'm Homer Simpson
A small detail I guess only someone who watches it would know. That kind of leaves me out.
Ghost Rider - WWTBMD?
  • #388,323
  • Jul 22, 2014 1:33pm Jul 22, 2014 1:33pm
Quoting albchr
{quote} A small detail I guess only someone who watches it would know. That kind of leaves me out.
So now we 2 Ill_be_back & 2 Simpson
A good trader follows his rules, but great trader knows when to break them
  • #388,324
  • Jul 22, 2014 1:34pm Jul 22, 2014 1:34pm
Quoting ill_be_back
{quote} So now we 2 Ill_be_back & 2 Simpson
Great minds think alike
  • #388,325
  • Jul 22, 2014 1:46pm Jul 22, 2014 1:46pm
Quoting ill_be_back
{quote} So now we 2 Ill_be_back & 2 Simpson
Yeah but, there's no confusing you two buddy. Cute and fuzzy versus green and ugly...

Them Simpson characters? All look alike to me...
Ghost Rider - WWTBMD?
  • #388,326
  • Jul 22, 2014 2:07pm Jul 22, 2014 2:07pm
Couple new immediate levels.
Attached Image (click to enlarge)
Click to Enlarge Name: !t-gbpusdmm233.png Size: 86 KB
Ghost Rider - WWTBMD?
  • #388,327
  • Jul 22, 2014 3:08pm Jul 22, 2014 3:08pm
Quoting navk
{quote} 1.7098 should offer resistance.
things stay as is, that level could be taken care of by t/m...np
Hear the music before the song is over ...
  • #388,328
  • Jul 22, 2014 3:10pm Jul 22, 2014 3:10pm
Quoting GlobalMacro
{quote} things stay as is, that level could be taken care of by t/m...np
And you figure this how sir?
  • #388,329
  • Jul 22, 2014 3:15pm Jul 22, 2014 3:15pm
Quoting TradesBy
{quote} And you figure this how sir?
Tomorrow will be a volatile day, support resistance won't matter that much, even though 7084, 71 and on the downside 7040, stayed strong...tomorrow price might go to take out stops in both directions.
Everyone can see the chart, but only a few can actually read it.
  • #388,330
  • Jul 22, 2014 3:38pm Jul 22, 2014 3:38pm
nearing top of downward trend on 1h again will prob retrace back down then anything fair game tomorrow. Adding a very small short at 1.70670
  • #388,331
  • Jul 22, 2014 3:44pm Jul 22, 2014 3:44pm
Just a schenario......

DRT
Attached Image (click to enlarge)
Click to Enlarge Name: 2014-07-23_034328.png Size: 33 KB
  • #388,332
  • Jul 22, 2014 3:45pm Jul 22, 2014 3:45pm
I disagree, there is a strong potential for strong gains in GBPUSD. If you want my opinion, minimize your exposure to GBP by liquidation or hedging, depending on your trade sizes of course.
"The Market is Not Evil, it Simply Separates Dumb People From Their Money."
  • #388,333
  • Jul 22, 2014 3:46pm Jul 22, 2014 3:46pm
Gidday GBP/US

Well GBP held up pretty

well considering EUR/US taking a beating

Would be nice to see a we burst back up again.

Got a mix off longs an shorts
  • #388,334
  • Jul 22, 2014 3:51pm Jul 22, 2014 3:51pm
Quoting OnlineAddict
Long at 55, might be just a daily scalp, if it keeps falling.
Out +10, waiting if asians want to re-test the lows or even break them.
Everyone can see the chart, but only a few can actually read it.
  • #388,335
  • Jul 22, 2014 3:56pm Jul 22, 2014 3:56pm
Quoting thegmann
nearing top of downward trend on 1h again will prob retrace back down then anything fair game tomorrow. Adding a very small short at 1.70670
short wasn't hit before it started to drop missed out by a hair looks like im sitting this one out for now but if trend stays it should drop for a bit now. Gotta love when price hits 1.70665 blehhh.
  • #388,336
  • Jul 22, 2014 3:58pm Jul 22, 2014 3:58pm
Quoting ill_be_back
{quote} So now we 2 Ill_be_back & 2 Simpson
Come with me if you want to live....
  • #388,337
  • Jul 22, 2014 4:00pm Jul 22, 2014 4:00pm
Quoting albchr
{quote} Yeah but, there's no confusing you two buddy. Cute and fuzzy versus green and ugly... Them Simpson characters? All look alike to me...

lol...
If you could read what the bear is saying in my Avatar, you wouldn't think he was cute and fuzzy
Come with me if you want to live....
  • #388,338
  • Jul 22, 2014 4:06pm Jul 22, 2014 4:06pm
Quoting Kajos2250
{quote} GU D1 GMT+3 ~7054 support rejected again it is strengthening! Some retest is probable but it is time to bet more longs, buy stop .7111, buy limit .7048 invalidation unchanged.... Good luck! {image} {image}
GU D1 GMT+3

Fakey long is forming, showing the weakness of bears, confirmation is to close back to the IB.
Buy limit triggered, buy stop still alive. Closer buy stop placed .7084.
Invalidation remains, price close under ~7038...
Some wash and rinse expected.
H4 is not looking good. At the moment...

Good luck!
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbpusdmicrodaily.png Size: 49 KB
Click to Enlarge Name: gbpusdmicroh4.png Size: 65 KB
Anything is math!
  • #388,339
  • Jul 22, 2014 4:16pm Jul 22, 2014 4:16pm
Quoting Ill-b-back
{quote} lol... If you could read what the bear is saying in my Avatar, you wouldn't think he was cute and fuzzy
LOL... I've read it and you're still cute and fuzzy....
Ghost Rider - WWTBMD?
  • #388,340
  • Jul 22, 2014 4:23pm Jul 22, 2014 4:23pm
Quoting Drentaga
Just a schenario...... DRT {image}
That's really a couple scenarios.
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