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Cable Update (GBPUSD)

  • #388,961
  • Jul 25, 2014 7:53am Jul 25, 2014 7:53am
Quoting JimmyC
Dollar index.... go take a look... might give the bulls some comfort...
Which bulls? lol
Attached Image (click to enlarge)
Click to Enlarge Name: Index.PNG Size: 64 KB
Ghost Rider - WWTBMD?
  • #388,962
  • Jul 25, 2014 7:53am Jul 25, 2014 7:53am
Quoting OnlineAddict
{quote} That would be a perfect long entry for me, to keep it until monday. Doesn't look like it will go that low today.
Thank god. I am not you
  • #388,963
  • Jul 25, 2014 7:54am Jul 25, 2014 7:54am
Quoting giveachance
{quote} Thank god. I am not you
LOL
  • #388,964
  • Jul 25, 2014 7:54am Jul 25, 2014 7:54am
Quoting Unfortunate
{quote} Good US data, so why dollar fall ?
Its just the news...they never turn whatever PA wants. They only slow it down or speed it up.
Everyone can see the chart, but only a few can actually read it.
  • #388,965
  • Jul 25, 2014 7:55am Jul 25, 2014 7:55am
Quoting giveachance
{quote} Thank god. I am not you
Right back at you.
Everyone can see the chart, but only a few can actually read it.
  • #388,966
  • Jul 25, 2014 7:57am Jul 25, 2014 7:57am
Quoting giveachance
{quote} Thank god. I am not you
sorry could not help that
  • #388,967
  • Jul 25, 2014 7:58am Jul 25, 2014 7:58am
Well I had a very nice week and whatever this wants to do in the end, will either help ... or not hurt it.
Attached Image
Ghost Rider - WWTBMD?
  • #388,968
  • Jul 25, 2014 8:00am Jul 25, 2014 8:00am
Quoting Unfortunate
{quote} Good US data, so why dollar fall ?
My apologies. I was only joking because ... A) I have little faith in my currency and B) It seems whether good or bad news, it always hurts the dollar.
Ghost Rider - WWTBMD?
  • #388,969
  • Jul 25, 2014 8:02am Jul 25, 2014 8:02am
Quoting albchr
Well I had a very nice week and whatever this wants to do in the end, will either help ... or not hurt it. {image}
The PA at times frustrates, especially when it retraces, as we travel against the flow.
Intraday only.
  • #388,970
  • Jul 25, 2014 8:06am Jul 25, 2014 8:06am
Quoting navk
{quote} The PA at times frustrates, especially when it retraces, as we travel against the flow.
... Corrections are always the hardest to trade especially Fridays. I took this as a scalp. If it gives more great. If not, great.
Ghost Rider - WWTBMD?
  • #388,971
  • Jul 25, 2014 8:06am Jul 25, 2014 8:06am
http://www.musictory.de/musik/Pharrell+Williams/Happy

goodbye
great we to all
fortis fortuna adiuvat
  • #388,972
  • Jul 25, 2014 8:07am Jul 25, 2014 8:07am
I wish this thing would just get going one way or the other. I really don't want to hold this trade all weekend.
  • #388,973
  • Jul 25, 2014 8:08am Jul 25, 2014 8:08am
Can we finally test 1.695???
  • #388,974
  • Jul 25, 2014 8:11am Jul 25, 2014 8:11am
Quoting albchr
{quote} ... Corrections are always the hardest to trade especially Fridays. I took this as a scalp. If it gives more great. If not, great.
And the moment you book your profit, ok, enough is enough, then also PA frustrates by moving in the direction you wanted. lol
Intraday only.
  • #388,975
  • Jul 25, 2014 8:21am Jul 25, 2014 8:21am
Quoting navk
{quote} And the moment you book your profit, ok, enough is enough, then also PA frustrates by moving in the direction you wanted. lol
That's why I'll just leave it to run or hit my stop. Looks like the dollar is getting stronger and the GBP weaker by the indexes..... as of now.

But both are against resistance as I see it.
Ghost Rider - WWTBMD?
  • #388,976
  • Jul 25, 2014 8:25am Jul 25, 2014 8:25am
Quoting JimmyC
{quote} Howzit Technical position GU, charts will be a bit messy cause there's a bit going on... H1 - downtrend -intraday- rebound time, deeply oversold with bullish divergence - but [email protected] ("[email protected]") {image} H4 The 50 candle sma is now dynamic resistance / PA is trading below the 200 candle sma (sma's threatening to cross) {image} Daily 70 pips to target... PA is below the 50 day sma which remains tracking N and above the 200 sma technical uptrend intact, overbought conditions have been worked off looking for signs of reversal on a daily basis {image}...
Yes messy, but If the chart fits....
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDDaily725.jpg Size: 158 KB
Click to Enlarge Name: GBPUSDDaily7252.jpg Size: 157 KB
The world you desire can be won. It exists.. it is real.. it is possible..
  • #388,977
  • Jul 25, 2014 8:33am Jul 25, 2014 8:33am
Quoting Mr. Scott
{quote} Yes messy, but If the chart fits.... {image} {image}
I see nothing....
Ghost Rider - WWTBMD?
  • #388,978
  • Jul 25, 2014 8:33am Jul 25, 2014 8:33am
Quoting albchr
{quote} That's why I'll just leave it to run or hit my stop. Looks like the dollar is getting stronger and the GBP weaker by the indexes..... as of now. But both are against resistance as I see it.
I see dollar and Pound having same strength Index though Dollar increased its strength after news.
Intraday only.
  • #388,979
  • Jul 25, 2014 8:40am Jul 25, 2014 8:40am
Quoting navk
{quote} I see dollar and Pound having same strength Index though Dollar increased its strength after news.
Yes, atm they are moving in tandem so GU going nowhere. GJ, UJ and U/CHF are dropping some. One of them will give sooner or later. My target for GU remains 6930/00 and more. I was just thinking a small retrace today. Maybe not.
Ghost Rider - WWTBMD?
  • #388,980
  • Jul 25, 2014 8:41am Jul 25, 2014 8:41am
Today is boring...I will try to enter on monday-tuesday, targetting 7140, have a good weekend everyone.
Everyone can see the chart, but only a few can actually read it.
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