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Cable Update (GBPUSD)

  • #389,421
  • Jul 28, 2014 7:07pm Jul 28, 2014 7:07pm
what's going on the ADR is very weak !!
  • #389,422
  • Edited Jul 29, 2014 9:54am Jul 28, 2014 8:14pm | Edited Jul 29, 2014 9:54am
Today's S/R levels on MT4 Templates

EURO
CABLE
AUDUSD

http://www.forexfactory.com/showthre...42#post7636242
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #389,423
  • Jul 28, 2014 8:17pm Jul 28, 2014 8:17pm
Anybody Bearish on GBPUSD?

Shorted the pair at 1.6976 with SL of 1.7015 and holding on :-)
Tp1 1.6936 Tp2 1.6840

any comments?
  • #389,424
  • Jul 28, 2014 8:19pm Jul 28, 2014 8:19pm
yes good idea

Quoting raj23
Anybody Bearish on GBPUSD? Shorted the pair at 1.6976 with SL of 1.7015 and holding on :-) Tp1 1.6936 Tp2 1.6840 any comments?
  • #389,425
  • Jul 28, 2014 8:23pm Jul 28, 2014 8:23pm
Quoting raj23
Anybody Bearish on GBPUSD? Shorted the pair at 1.6976 with SL of 1.7015 and holding on :-) Tp1 1.6936 Tp2 1.6840 any comments?
I'm short at 1.69888, but am only looking for 15 pips (extremely short-term play).
Fireworks are fun ... as long as you don't blow your fingers off.
  • #389,426
  • Jul 28, 2014 9:25pm Jul 28, 2014 9:25pm
Quoting albchr
{quote} There's no minority or majority buddy. All have their views. For instance I'm still bullish with the overall "technical" bull trend, and bearish in this current retrace move. Not sure what ma on the daily you have it's bouncing off of now. I use the 50ema top, and 100ema bottom. I find on daily, "usually" if the 50 caps it, the 100 catches it. 100 as of now is at 1.69023 {image} {image}
That's odd, I haven't had a single touch of the daily 100ema since the bull trend started and my current 100ema price is only 1.6858.

Weird
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDDaily.png Size: 26 KB
Come with me if you want to live....
  • #389,427
  • Jul 28, 2014 9:55pm Jul 28, 2014 9:55pm
Just a general question
Is GJ going any higher than Todays high of 173.124
A good trader follows his rules, but great trader knows when to break them
  • #389,428
  • Jul 28, 2014 10:27pm Jul 28, 2014 10:27pm
Quoting elbert3
{image} ???? night guys
I know .. i know have to say for me the Buy is still on .. but hey dont tell old Bonesy or he might just slam dunk me again
  • #389,429
  • Jul 28, 2014 10:39pm Jul 28, 2014 10:39pm
Quoting raj23
Anybody Bearish on GBPUSD? Shorted the pair at 1.6976 with SL of 1.7015 and holding on :-) Tp1 1.6936 Tp2 1.6840 any comments?
Morning ,thats an understatement you need to read the past posts ,,regards E
  • #389,430
  • Jul 28, 2014 10:46pm Jul 28, 2014 10:46pm
Quoting elbert3
{quote} Morning ,thats an understatement you need to read the past posts ,,regards E

Morning Sir, you well?

Indeed, some arrive late but eventually they get there...
  • #389,431
  • Jul 28, 2014 10:53pm Jul 28, 2014 10:53pm
Quoting JimmyC
{quote} Morning Sir, you well? Indeed, some arrive late but eventually they get there...
Morning James,well thank you and you? short same outlook as yourself, gl today Regards Billy
  • #389,432
  • Jul 28, 2014 10:53pm Jul 28, 2014 10:53pm
European opening calls:
$FTSE 6796 up 8
$DAX 9616 up 17
$CAC 4350 up 5
$IBEX 10885 up 5
$MIB 21007 up 67

Overnight mixed set of Japanese figures - unemployment worse than expectations (3.7%), household spending better (-3%). Muted response from $USDJPY.

ongoing war in Israel / Palestein

FOMC tomorrow

some GBP news in a few hours.

Trade safe
  • #389,433
  • Jul 28, 2014 10:57pm Jul 28, 2014 10:57pm
Quoting elbert3
{quote} Morning James,well thank you and you? short same outlook as yourself, gl today Regards Billy
All well thank you!

Won't be adding today but might look at FOMC to see if there is an opportunity to short any optimistic rallies
Overnight Asian session I note they have sold the Pound but we remain above ket ST support @ 1.696
  • #389,434
  • Jul 28, 2014 11:03pm Jul 28, 2014 11:03pm
morning guys..

damn man yesterday i filled my car with petrol and on the way back home my injector went and i lost the whole tank..pissed
its worse than the swap rates on cable
  • #389,435
  • Jul 28, 2014 11:09pm Jul 28, 2014 11:09pm
Quoting nAVIN2007
morning guys.. damn man yesterday i filled my car with petrol and on the way back home my injector went and i lost the whole tank..pissed its worse than the swap rates on cable
Howzit Nav
Thats a visit for the f#^Kup fairy of note.... Sorry man...
  • #389,436
  • Jul 28, 2014 11:19pm Jul 28, 2014 11:19pm
short gbp/cad again @1.8356. will add more at 1.83 and if it spikes to 1.84 again. I see this going to 1.82 and then 1.8 again. collected many pips on this pair last week.
  • #389,437
  • Jul 28, 2014 11:28pm Jul 28, 2014 11:28pm
Quoting JimmyC
{quote} Howzit Nav Thats a visit for the f#^Kup fairy of note.... Sorry man...
thanks bru
Im ok bro just a bit of bad fortune car wise but putting in context..it aint a biggie
what matter is this bloody trade..hopefully next year 15 months i start to see postive equity..im holding bru..either i lose my account or i hit a home run
  • #389,438
  • Jul 28, 2014 11:33pm Jul 28, 2014 11:33pm
Quoting giveachance
short gbp/cad again @1.8356. will add more at 1.83 and if it spikes to 1.84 again. I see this going to 1.82 and then 1.8 again. collected many pips on this pair last week.
Morning GC i was watching it and thought that you would be kicking yourself getting out , GL today with it ,,E
  • #389,439
  • Jul 28, 2014 11:34pm Jul 28, 2014 11:34pm
Quoting nAVIN2007
{quote} thanks bru Im ok bro just a bit of bad fortune car wise but putting in context..it aint a biggie what matter is this bloody trade..hopefully next year 15 months i start to see postive equity..im holding bru..either i lose my account or i hit a home run
Morning Navin,,as every good luck,leave the bad behind ..Billy
  • #389,440
  • Jul 28, 2014 11:42pm Jul 28, 2014 11:42pm
Quoting elbert3
{quote} Morning GC i was watching it and thought that you would be kicking yourself getting out , GL today with it ,,E
after i squared off for 30 pips. added one more overnite and squared it for 20 pips more. I think majors are struggling to breakout. all of them except kiwi which is breaking down which I am not sure but everyone is saying and adding to shorts. I am staying away and will add longs when it comes close to 8470. gbp/cad is pretty simple pair with no uncertainities in it for sometime now.
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