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Cable Update (GBPUSD)

  • #390,421
  • Jul 31, 2014 8:14am Jul 31, 2014 8:14am
Quoting navk
Today is month end. Profit bookers could be there, be cautious to sell at this level.
Agreed. That would just be sillycide.
Ghost Rider - WWTBMD?
  • #390,422
  • Jul 31, 2014 8:15am Jul 31, 2014 8:15am
GBPUSD - Possible Situation Developing....

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  • #390,423
  • Jul 31, 2014 8:16am Jul 31, 2014 8:16am
Quoting kweiss10
{quote} I'm quite new at forex but how deep or low must things move for a trend to be officially over or nulled?
Everyone will have thier own views on this. For me, personally, I would say a clean break below 1.67 would signal a complete change of trend. But it really depends on what time frame you are looking at.
  • #390,424
  • Jul 31, 2014 8:16am Jul 31, 2014 8:16am
Quoting elbert3
{quote} looking like pulling it up now the traders are ridding for the wifes dress for the weekend ,,it looks like there making another push to the line 11 pips to go
the money is lokking good in the acc now ,??? keeping it in the black is HDA followed By Al ,GM AND e NECK AND NECK ,, its not looking good ,13 pips to the end and the acc is going down fast
  • #390,425
  • Jul 31, 2014 8:17am Jul 31, 2014 8:17am
Quoting elbert3
{quote} Big Al is woundering what to do is he going to pull up ,,Gm is strengthening now followed by E ,, oooooo its back in the 60
A test and hold and It's curtains for 6850.
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  • #390,426
  • Jul 31, 2014 8:18am Jul 31, 2014 8:18am
Quoting HDA
Please observe how buyers are trying to defend 1.6850 - but it will not hold - 1.6850 will be taken out Lets See What happens HDA OUT
eventually. but the most important question is when
As Above, So Below
  • #390,427
  • Jul 31, 2014 8:18am Jul 31, 2014 8:18am
GBPUSD - Possible Situation Developing....

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SpotPip - we SPOT, you PIP
  • #390,428
  • Jul 31, 2014 8:18am Jul 31, 2014 8:18am
Quoting GlobalMacro
{quote} dj billy in da mix
we just need HDA to show the way now,,,come on HDA the crowd shouted ,,put some more money on its back ,,as they have come back to the 10 ema will it hold ??????
  • #390,429
  • Jul 31, 2014 8:19am Jul 31, 2014 8:19am
Quoting albchr
{quote} Agreed. That would just be sillycide.
It is only theory as I said, and one should use the technical levels for right entry to go long.
Intraday only.
  • #390,430
  • Jul 31, 2014 8:21am Jul 31, 2014 8:21am
Quoting elbert3
{quote} we just need HDA to show the way now,,,come on HDA the crowd shouted ,,put some more money on its back ,,as they have come back to the 10 ema will it hold ??????
whats happened have they stopped for tea??? there in the fog now running sideways HDA IS STILL IN THE LEAD..as they come around the bend ,,,oooooo 10 is holdong now
  • #390,431
  • Jul 31, 2014 8:22am Jul 31, 2014 8:22am
Quoting elbert3
{quote} whats happened have they stopped for tea??? there in the fog now running sideways HDA IS STILL IN THE LEAD..as they come around the bend ,,,oooooo 10 is holdong now
the about to jump 60 again,,they must of got lost as they have been over it before ,,,steady now steady ...come on HDA whip it up
  • #390,432
  • Jul 31, 2014 8:25am Jul 31, 2014 8:25am
bastards got stuck @ 57
Hear the music before the song is over ...
  • #390,433
  • Jul 31, 2014 8:27am Jul 31, 2014 8:27am
Quoting elbert3
{quote} the about to jump 60 again,,they must of got lost as they have been over it before ,,,steady now steady ...come on HDA whip it up
it looks like the traders are beaten ,,and so am i,,,i cant beleive price was pulled up at 55 ,,,there back in the trading room now consulting ,,
  • #390,434
  • Jul 31, 2014 8:28am Jul 31, 2014 8:28am
freakin H1 going for pin now? great.
Hear the music before the song is over ...
  • #390,435
  • Jul 31, 2014 8:29am Jul 31, 2014 8:29am
Quoting GlobalMacro
bastards got stuck @ 57
20 emas a good one ,,its just took the price now ,will it reject it,,
  • #390,436
  • Jul 31, 2014 8:32am Jul 31, 2014 8:32am
Quoting elbert3
{quote} 20 emas a good one ,,its just took the price now ,will it reject it,,
its come off the rails the 2o f,,,,ked it off this is the last hurdle now or its back to the board,, ,,,,and,,,,,,,,,,,,,,,there off ,, come on now the betts are placed more money has just joined the race
  • #390,437
  • Jul 31, 2014 8:32am Jul 31, 2014 8:32am
Quoting OnlineAddict
Switched my cable long with eur, long from 3381, only looking for 10-15 pips.
Out +7, I'm glad I switched, my GU long would be still in loss. Just waiting for next hour now...if cable drops again, I will buy it.
Everyone can see the chart, but only a few can actually read it.
  • #390,438
  • Jul 31, 2014 8:33am Jul 31, 2014 8:33am
Quoting elbert3
{quote} its come off the rails the 2o f,,,,ked it off this is the last hurdle now or its back to the board,, ,,,,and,,,,,,,,,,,,,,,there off ,, come on now the betts are placed more money has just joined the race
mofos just bluffing the f....kers, nothin more nothin less
Hear the music before the song is over ...
  • #390,439
  • Jul 31, 2014 8:33am Jul 31, 2014 8:33am
Quoting Nate04
{quote} Everyone will have thier own views on this. For me, personally, I would say a clean break below 1.67 would signal a complete change of trend. But it really depends on what time frame you are looking at.
This is what I was going to ask next because on different time frames things can look differently - it can be bull or bear.

But there can only be so much money on the market to push things in one direction at once. A reload is needed or am I seeing things wrongly?
  • #390,440
  • Jul 31, 2014 8:36am Jul 31, 2014 8:36am
And right to the pip I close my last position on GU
Quoting hoom
{quote} I got a short @ 7178 SL 7225 TP 6905 , close 75% of position if TP reached , let the rest reach TP2 6755 6855 .
TF H4
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