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Cable Update (GBPUSD)

  • #391,301
  • Aug 5, 2014 3:58am Aug 5, 2014 3:58am
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we have the 23% thats the same as the 10 ema on the day,so could go short there,or we head up now to the tl,,recap,,this has come off double bottom and the weekly is still long,day should be capped at 1.6975??? And is showing short,but will that better than thought pmi change things
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  • #391,302
  • Aug 5, 2014 3:58am Aug 5, 2014 3:58am
Quoting Greener
{quote} good call
RR was better , I reversed the position tho @ 1.6877
Hear the music before the song is over ...
  • #391,303
  • Aug 5, 2014 3:59am Aug 5, 2014 3:59am
Quoting ill_be_back
{quote} I have1.69063 NEXT , Then Final 1.69555 Then DOWN Again
Why do you think it will go down ? some fundametal reasons?
  • #391,304
  • Aug 5, 2014 4:03am Aug 5, 2014 4:03am
Short once we hit 1.71 ! Hold long now, short back in the 7's
All posts are my personal opinion
  • #391,305
  • Aug 5, 2014 4:07am Aug 5, 2014 4:07am
Quoting ill_be_back
{quote}
Might be another chance to long from 1.6834........

  • #391,306
  • Aug 5, 2014 4:07am Aug 5, 2014 4:07am
Quoting GlobalMacro
{quote} RR was better , I reversed the position tho @ 1.6877
Order placed
On 05-Aug-2014 at 09:05:53 (GMT)
You placed order to buy 10 GBPUSD spot @ 1.68725 limit G.T.C. .
Front office order id: 56560321
Account: 5589929


JUST WAITING TO CONFIRM,
  • #391,307
  • Aug 5, 2014 4:09am Aug 5, 2014 4:09am
Quoting Zircon
{quote} I can see 1.68280 lets say 90%. based on candles shapes . and some fibo Daily is oversold of course a pullback is likely....

Haha , this is only a pullback correction.


If you are not a scalper or intra-day you loose money with this pair. you have to learn how to scalp, long term trading is too easy but it needs time for TP.


Trade safe
If skills could be acquired by watching, every dog would be a butcher. Turk
  • #391,308
  • Aug 5, 2014 4:09am Aug 5, 2014 4:09am
Quoting elbert3
{quote} Order placed On 05-Aug-2014 at 09:05:53 (GMT) You placed order to buy 10 GBPUSD spot @ 1.68725 limit G.T.C. . Front office order id: 56560321 Account: 5589929 JUST WAITING TO CONFIRM,
Morning Billy, good one.
Hear the music before the song is over ...
  • #391,309
  • Aug 5, 2014 4:14am Aug 5, 2014 4:14am
Quoting globalmacro
{quote} morning billy, good one.
waiting to see if eur falls out of bed, again ,,its trying to get below 3400 again at this time eu and gb different directions
  • #391,310
  • Aug 5, 2014 4:16am Aug 5, 2014 4:16am
Quoting ill_be_back
{quote} I am seeing it back up to 173.000 before any more DOWN, But have my SL 3 Below Today's LOW
Quoting cspip
{quote} I agree with the 173.000 or (173.256)
Our GJ 173.000 from 4 days ago got hit and ..........also 173.256 just today to the pip.........


  • #391,311
  • Edited 8:53am Aug 5, 2014 4:31am | Edited 8:53am
Quoting cspip
...... but will it get past 1.6887?
Quoting cspip
{quote} still no.......
and again stopped at 1.6887.........

Lets see if current 4 hour can close above 1.6864 (and 60)

Will it spike down to 1.6838?.....(and close above 1.6838?)
  • #391,312
  • Aug 5, 2014 4:36am Aug 5, 2014 4:36am
Quoting GlobalMacro
{quote} Morning Billy, good one.
Attached Image (click to enlarge)
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THAT HOW I SEE IT ,,SUPPORT LEFT AND UP TO 906 FOR NOW
Trade confirmation
On 05-Aug-2014 at 09:24:26 (GMT)
You bought 10 GBPUSD @ 1.68790 for value date 07-Aug-2014
Front office position id: 140501700
Account: 5589929

20 LOTS ON NOW 1st from 73 pp asap
  • #391,313
  • Aug 5, 2014 4:38am Aug 5, 2014 4:38am
the trend is down
  • #391,314
  • Aug 5, 2014 4:40am Aug 5, 2014 4:40am
Quoting tunera
the trend is down
Which one? lol MN W1 D1 H4 H1
All posts are my personal opinion
  • #391,315
  • Aug 5, 2014 4:43am Aug 5, 2014 4:43am
Quoting Rtm
{quote} Which one? lol MN W1 D1 H4 H1


That is the question!
  • #391,316
  • Aug 5, 2014 4:45am Aug 5, 2014 4:45am
you are right Z

Quoting Zircon
{quote} Haha , this is only a pullback correction. If you are not a scalper or intra-day you loose money with this pair. you have to learn how to scalp, long term trading is too easy but it needs time for TP. Trade safe
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #391,317
  • Aug 5, 2014 4:46am Aug 5, 2014 4:46am
bullflag forming around pre-news highs

GU M5
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  • #391,318
  • Aug 5, 2014 4:56am Aug 5, 2014 4:56am
IMHO, it's not a question whether to short. Just from where. I still lean to 6950ish but obviously we'll now have to wait for the next load of BS to be released to find out. See ya at 10am ET. This could fall back to 50 before then but who knows?

Have fun ya'll and trade safe.
Attached Image
Ghost Rider - WWTBMD?
  • #391,319
  • Aug 5, 2014 4:59am Aug 5, 2014 4:59am
Hopefully the killing zone above
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Come with me if you want to live....
  • #391,320
  • Aug 5, 2014 5:27am Aug 5, 2014 5:27am
Traders,


We have to first go to atleast 1.6730 before we can even start thinking about 1.7300 and more.

So please plan your trades properly and don't forget to be Patient

I remain short

1.7190 - Short
1.7045 - Short
1.6760 Take profit

I am not a GURU


HDA OUT
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