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Cable Update (GBPUSD)

  • #390,861
  • Aug 1, 2014 8:56am Aug 1, 2014 8:56am
Quoting YardiFX
{quote} Good luck to you OA. Trust your reasoning for any trade you do, commit fully. Prepare to take more profit than what you are willing to lose.
Thanks, same to you!
Everyone can see the chart, but only a few can actually read it.
  • #390,862
  • Aug 1, 2014 9:06am Aug 1, 2014 9:06am
Quoting Mr. Scott
{quote} And where have you been? Any level you like?
I'm checking in everyday, just not talking
For me it's too early to call for next boucne point if it goes further. As it's obvious - it moves downwards without notable lower highs, which means that there are no bear targets, just every second bull levevel/bounce point upon test (same with euro) - movement is corrective in it's nature and such movements is always difficult to predict..

I think that untill EUro will reach 13190's (its next key area for bull continuation) all the others will probably hesitate against the dollar too..
On the other hand, dollar weakness wave could hit at any moment (with Golds already leading..?), so watching closely.. Euro 1.3410 is also one of the more notable bounce areas - if it wil lestablish above - might never come back for a very long time
69
  • #390,863
  • Aug 1, 2014 9:13am Aug 1, 2014 9:13am
Quoting Likerty
{quote} Inability to maintain ground at 6820's means LL bellow 6700 for Pound..
Young capitalist

It's F r i d a y
  • #390,864
  • Aug 1, 2014 9:14am Aug 1, 2014 9:14am
Quoting Ken A
{quote} Young capitalist It's F r i d a y
Hi Ken, yes the ugly firday with the ugliest NY session of them all
69
  • #390,865
  • Aug 1, 2014 9:14am Aug 1, 2014 9:14am
Quoting OnlineAddict
{quote} Its waiting for 9am news. So am I, just to be safe.
where you at? news come n gone, you in any trades?
Hear the music before the song is over ...
  • #390,866
  • Aug 1, 2014 9:16am Aug 1, 2014 9:16am
on harm patterns maybe ,gbp jpy just made bearish move after dark cloud previousley w1 ,should be easy trade,

Quoting Mr. Scott
{quote} Geez, this is going to get messy. Update to old chart. Yes, but I have some big problems along the way. Also, my question mark is trademarked. {image}
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #390,867
  • Aug 1, 2014 9:19am Aug 1, 2014 9:19am
gcad consolidating... watching to short
  • #390,868
  • Aug 1, 2014 9:20am Aug 1, 2014 9:20am
Intraday Still Short - No Buyer Sign
Attached Image (click to enlarge)
Click to Enlarge Name: Pound.png Size: 16 KB
  • #390,869
  • Aug 1, 2014 9:21am Aug 1, 2014 9:21am
Quoting Bydyke
{quote} The bears will need to do more than what we've seen since NFP if they are to overcome 6828
Not much of the buying either... Probably Euro or/and Gold (or somethign else) will move first.. As often - majority of designated liquidity goes sequentialy between the markets/instruments.. Also, major movement could be postponed for next week to make a currrent candle look more bearish than it really is or it just will proceed further down as there are plenty of room for bears across the board..
I would say, if current EUro/Pound lows will get broken - it will go 200 pips more.. SO, risk limits are still managable/tradable for bullish continuation..
69
  • #390,870
  • Aug 1, 2014 9:24am Aug 1, 2014 9:24am
Quoting Likerty
{quote} I'm checking in everyday, just not talking For me it's too early to call for next boucne point if it goes further. As it's obvious - it moves downwards without notable lower highs, which means that there are no bear targets, just every second bull levevel/bounce point upon test (same with euro) - movement is corrective in it's nature and such movements is always difficult to predict.. I think that untill EUro will reach 13190's (its next key area for bull continuation) all the others will probably hesitate against the dollar too.. On the...
Understood, thank you. Nice to see you talking.
The world you desire can be won. It exists.. it is real.. it is possible..
  • #390,871
  • Aug 1, 2014 9:28am Aug 1, 2014 9:28am
Quoting GlobalMacro
{quote} where you at? news come n gone, you in any trades?
Nah, I'm long biased, but it didn't even go below 6830, maybe London fix will give me an opportunity. If not, I will enter next week, after a shakeout. But my target is definitely 6970, I just want to start as low as possible and then add on the way up.
Everyone can see the chart, but only a few can actually read it.
  • #390,872
  • Aug 1, 2014 9:33am Aug 1, 2014 9:33am
Quoting OnlineAddict
{quote} Nah, I'm long biased, but it didn't even go below 6830, maybe London fix will give me an opportunity. If not, I will enter next week, after a shakeout. But my target is definitely 6970, I just want to start as low as possible and then add on the way up.
1.6820 was bought solid after nfp, hence shallow retrace....seems demand building up but need to see traction.
Hear the music before the song is over ...
  • #390,873
  • Aug 1, 2014 9:39am Aug 1, 2014 9:39am
Quoting GlobalMacro
{quote} 1.6820 was bought solid after nfp, hence shallow retrace....seems demand building up but need to see traction.
Where we going with this Boss man ,, jusy having a look
  • #390,874
  • Aug 1, 2014 9:40am Aug 1, 2014 9:40am
attention to gcad/gchf consolidation around .50
  • #390,875
  • Aug 1, 2014 9:44am Aug 1, 2014 9:44am
Figures when i long GBP it lags aud nzd and euro and when i was shorting it , it went up more than all the others hahaa


Easy profession

It'll catch up next week!
  • #390,876
  • Aug 1, 2014 9:44am Aug 1, 2014 9:44am
Quoting elbert3
{quote} Where we going with this Boss man ,, jusy having a look
up, for now Chief
Hear the music before the song is over ...
  • #390,877
  • Aug 1, 2014 9:46am Aug 1, 2014 9:46am
Quoting Ken A
{quote} Young capitalist It's F r i d a y
I'm a USD.JPY guru now at least

Got the Sydney Tour stamp of a approval now..
  • #390,878
  • Aug 1, 2014 9:47am Aug 1, 2014 9:47am
Quoting Dr.Zain
{quote}
Hear the music before the song is over ...
  • #390,879
  • Aug 1, 2014 9:48am Aug 1, 2014 9:48am
Quoting GlobalMacro
{quote} up, for now Chief
well since were long thats great news,,,lol have you realy got 1k a pip on or was you pulling my leg on that pm
  • #390,880
  • Aug 1, 2014 9:50am Aug 1, 2014 9:50am
Quoting elbert3
{quote} well since were long thats great news,,,lol have you realy got 1k a pip on or was you pulling my leg on that pm
I wanted 500 a pip at 6823, but since I've been an utter failure for a long time I couldn't make that happen…
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