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Cable Update (GBPUSD)

  • #391,221
  • Aug 4, 2014 10:54am Aug 4, 2014 10:54am
What you see hereAttachment
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Capital management
  • #391,222
  • Aug 4, 2014 10:54am Aug 4, 2014 10:54am
H4 pin off supply exhaustion zone

short squeeze in full progress
Attached Image
Hear the music before the song is over ...
  • #391,223
  • Aug 4, 2014 10:57am Aug 4, 2014 10:57am
Quoting kampred
short or long ?
BOTH
  • #391,224
  • Aug 4, 2014 11:13am Aug 4, 2014 11:13am
Quoting Bones
im gonna put cable in a down channel like this ,tls often unreliable ,all id say is there is a channel there,this is sideways ,up poss thats the high reading other charts,ill see h4 on d1 close {image}
It didn't touch the bottom of the channel for more than two weeks, a channel like this is guaranteed to be broken to the upside
  • #391,225
  • Aug 4, 2014 11:18am Aug 4, 2014 11:18am
Quoting kampred
short or long ?
Just stay long and go back to bed
All posts are my personal opinion
  • #391,226
  • Aug 4, 2014 11:19am Aug 4, 2014 11:19am
Quoting Bones
im gonna put cable in a down channel like this ,tls often unreliable ,all id say is there is a channel there,this is sideways ,up poss thats the high reading other charts,ill see h4 on d1 close {image}
Have something similar. There is more but some might just confuse.
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The world you desire can be won. It exists.. it is real.. it is possible..
  • #391,227
  • Aug 4, 2014 11:22am Aug 4, 2014 11:22am
Quoting Darkforce
{quote} It didn't touch the bottom of the channel for more than two weeks, a channel like this is guaranteed to be broken to the upside
This would also imply supply exhaustion. One more factor to consider.
Hear the music before the song is over ...
  • #391,228
  • Aug 4, 2014 11:31am Aug 4, 2014 11:31am
It just needs some help.
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Ghost Rider - WWTBMD?
  • #391,229
  • Aug 4, 2014 11:38am Aug 4, 2014 11:38am
could be bullish piercing line d1 ,to 1.7 even ,$ is a weak cable bear link which is why I wait to see $ , strong d1 over 855 required,



Quoting GlobalMacro
H4 pin off supply exhaustion zone short squeeze in full progress {image}
Attached Image (click to enlarge)
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #391,230
  • Aug 4, 2014 11:43am Aug 4, 2014 11:43am
Wow what a boring day. No triggers...No trades.
  • #391,231
  • Aug 4, 2014 11:52am Aug 4, 2014 11:52am
Quoting hollowhead
{quote} {quote} {quote} {quote} {quote} {quote} Thank you - your congrats mean alot (although it's nothing until the trades are closed eh!). Have added one more this morning and will be looking for the exit sub 800. Have a green week all
Do you mind sharing your criteria for pyramiding ? or techniques
  • #391,232
  • Aug 4, 2014 11:54am Aug 4, 2014 11:54am
coffee please
Attached Image
simple is better
  • #391,233
  • Aug 4, 2014 12:05pm Aug 4, 2014 12:05pm
Quoting kampred
coffee please {image}
Have one
http://www.forexfactory.com/attachme...1&d=1390436310
A good trader follows his rules, but great trader knows when to break them
  • #391,234
  • Aug 4, 2014 12:07pm Aug 4, 2014 12:07pm
Quoting pipster1
Wow what a boring day. No triggers...No trades.
Always a drag to trade after NFP....should pickup Wednesday
DM if you have any questions
  • #391,235
  • Aug 4, 2014 12:09pm Aug 4, 2014 12:09pm
Quoting ill_be_back
{quote} Have one {image}
lololol
simple is better
  • #391,236
  • Aug 4, 2014 12:11pm Aug 4, 2014 12:11pm
Dollar also overstreched, running into some serious headwinds

However, if not rejected straight off bat , will help build second n final leg of bull move....not there yet , seeing no floor in cable yet for new monthly highs

Quoting Bones
could be bullish piercing line d1 ,to 1.7 even ,$ is a weak cable bear link which is why I wait to see $ , strong d1 over 855 required, {quote} {image}
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Hear the music before the song is over ...
  • #391,237
  • Aug 4, 2014 12:41pm Aug 4, 2014 12:41pm
Quoting albchr
It just needs some help. {image}
Neural Network Algorithm and Econophysics
  • #391,238
  • Aug 4, 2014 12:44pm Aug 4, 2014 12:44pm
Oops ............

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  • #391,239
  • Aug 4, 2014 12:44pm Aug 4, 2014 12:44pm
Certainly no trade this week
The fragrance remains in the hands of those that gves the rose
  • #391,240
  • Aug 4, 2014 12:51pm Aug 4, 2014 12:51pm
Quoting GlobalMacro
{quote} yup spongy alright. Spike in demand now a mini-rally. 1.6830-35 now support , next stop 1.6870 {image}
is Happenin' , Baby

1.6870 coming up momentarily...
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Hear the music before the song is over ...
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