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Cable Update (GBPUSD)

  • #388,401
  • Jul 23, 2014 4:48am Jul 23, 2014 4:48am
Now buying it.
Trading 24/h
  • #388,402
  • Jul 23, 2014 4:49am Jul 23, 2014 4:49am
Quoting sami4240
With a hopeful bounce at 1.70353 .. for long ?
Noooooo... to add more shorts. I'll not long such bearish PA. 6930/00 minimum has been the goal since the top and remains so. Until PA says otherwise, I'm selling rallies.
Ghost Rider - WWTBMD?
  • #388,403
  • Jul 23, 2014 4:50am Jul 23, 2014 4:50am
gbp aud has fallen 130 pips today

Quoting DerekTrotter
{quote} Ok brother have it your way see you outside the gates after school finishes today ..
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #388,404
  • Jul 23, 2014 4:52am Jul 23, 2014 4:52am
This is a triangle breakout, we still haven't got a decisive close below just yet.

Descending triangle is a bearish pattern, so the odds is a break down, but for cable anything can happen.

Sadly I didn't load up shorts this morning.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdfxfh1.png Size: 48 KB
  • #388,405
  • Jul 23, 2014 4:54am Jul 23, 2014 4:54am
Quoting Bones
gbp aud has fallen 130 pips today {quote}
lets quote each other after the london close today shall we ..
now is not the time hombre.. but this u already know
  • #388,406
  • Jul 23, 2014 4:54am Jul 23, 2014 4:54am
Quoting timos
{quote} It would be wise to close some for guaranteed profit,wouldn't?
Not at this point for me. I've made profit from scalping the range last week and early this week. As of yesterday, I've been building these shorts on the way up for today. It's all in previous posts. I see nothing "as of now" that says my overall target(s) won't be hit. So now it's build and wait.
Ghost Rider - WWTBMD?
  • #388,407
  • Jul 23, 2014 4:57am Jul 23, 2014 4:57am
Quoting Bones
gbp aud has fallen 130 pips today {quote}
if the dollar was a tad bit stronger, GU would have done the same as gbpaud
  • #388,408
  • Jul 23, 2014 4:58am Jul 23, 2014 4:58am
Quoting albchr
{quote} Good morning HDA
@albchr:

Good Morning to you too as well How goes it?

HDA OUT
  • #388,409
  • Jul 23, 2014 4:59am Jul 23, 2014 4:59am
Quoting Darkforce
This is a triangle breakout, we still haven't got a decisive close below just yet. Descending triangle is a bearish pattern, so the odds is a break down, but for cable anything can happen. Sadly I didn't load up shorts this morning. {image}
You'll get more chances DF I can see this possibly testing 1.70581 again. Maybe even more but not so sure.....yet.
Ghost Rider - WWTBMD?
  • #388,410
  • Jul 23, 2014 5:00am Jul 23, 2014 5:00am
lol ,there is no long today maybe it pulls back tomorrow .sell the pull back

Quoting DerekTrotter
{quote} lets quote each other after the london close today shall we .. now is not the time hombre.. but this u already know
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #388,411
  • Jul 23, 2014 5:01am Jul 23, 2014 5:01am
Quoting albchr
{quote} You'll get more chances DF I can see this possibly testing 1.70581 again. Maybe even more but not so sure.....yet.
Haha, I hope so. The past few weeks of trading cable for me is all about short scalp, and it was quite enjoyable, looks like this trade will continue for a while.
  • #388,412
  • Jul 23, 2014 5:01am Jul 23, 2014 5:01am
Quoting OnlineAddict
L 7034, now the SLs above 71, please.
SL moved to profit, going back to sleep.
Everyone can see the chart, but only a few can actually read it.
  • #388,413
  • Jul 23, 2014 5:03am Jul 23, 2014 5:03am
Quoting albchr
1.70097 .... .... With a hopeful bounce at 1.70353 to add a few more. {image}
Ahhhhh..... the FOREX Gods are kind indeed. Let's see how high.... if at all...
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdmh1.png Size: 62 KB
Ghost Rider - WWTBMD?
  • #388,414
  • Jul 23, 2014 5:03am Jul 23, 2014 5:03am
lets be straight your buying gbp aud today

Quoting FxAndres
Now buying it.
Attached Image (click to enlarge)
Click to Enlarge Name: gbp AUD d1 (DFB).png Size: 26 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #388,415
  • Jul 23, 2014 5:04am Jul 23, 2014 5:04am
Quoting cspip
Lets see if we can get 1.7070 again.......maybe 1.7086
That was before the drop.........

Quoting cspip
{quote} Or a drop to 1.7033 ish.............even a quick drop to 1.7017 or 1.6995.....then up
  • #388,416
  • Jul 23, 2014 5:06am Jul 23, 2014 5:06am
Quoting albchr
{quote} Ahhhhh..... the FOREX Gods are kind indeed. Let's see how high.... if at all... {image}
Maybe not till we get 7024.....

Quoting cspip
{quote} certainly 1.7024
after which could be.........

Quoting cspip
{quote} Or a drop to 1.7033 ish.............even a quick drop to 1.7017 or 1.6995.....then up
  • #388,417
  • Jul 23, 2014 5:08am Jul 23, 2014 5:08am
Today cable may touch .6950 as canary going to talk cable down , the speech will be dovish. Looking for comments " to keep the rate low " , cable shall touch 6950 in seconds

be aware , bear shall be in control for rest of the week

safe trading !!!!! or perhaps short trading
  • #388,418
  • Jul 23, 2014 5:09am Jul 23, 2014 5:09am
Quoting Darkforce
{quote} Haha, I hope so. The past few weeks of trading cable for me is all about short scalp, and it was quite enjoyable, looks like this trade will continue for a while.
Yeah she has some steam now but talking heads coming up can slow down the pace. But even if not, with each passing day I feel more & more confident of the 6930/00 and more retrace areas so unless something changes (and it could of course), there's good room to drop.
Ghost Rider - WWTBMD?
  • #388,419
  • Jul 23, 2014 5:10am Jul 23, 2014 5:10am
BUY at 170 387 - just to be clear and precise
  • #388,420
  • Jul 23, 2014 5:10am Jul 23, 2014 5:10am
Quoting cspip
{quote} Maybe not till we get 7024..... {quote} after which could be......... {quote}
LOL .... As we say in the country, small potatoes in a very large field.

But as I've been posting all morning, I'm "looking" for a bounce to add more shorts. 7084? That would be lovely.
Ghost Rider - WWTBMD?
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