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Cable Update (GBPUSD)

  • #391,341
  • Aug 5, 2014 6:52am Aug 5, 2014 6:52am
Quoting albchr
{quote} ... But...hang on, i'll get back to you when it's fixed.... {image}
hi just back i see i was bombed out - 14pips not a very good start no tread just my 3 stock shorts lol one day, one day
  • #391,342
  • Aug 5, 2014 6:56am Aug 5, 2014 6:56am
Quoting elbert3
{quote} hi just back i see i was bombed out - 14pips not a very good start no tread just my 3 stock shorts lol one day, one day
... I'd use the word Patience but so many seem to dislike it so.
Ghost Rider - WWTBMD?
  • #391,343
  • Aug 5, 2014 6:57am Aug 5, 2014 6:57am
GU - 4 HR chart.

Next stop 1.6920 if 1.6813 is not broken.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH4.png Size: 25 KB
Intraday only.
  • #391,344
  • Aug 5, 2014 7:00am Aug 5, 2014 7:00am
Quoting HDA
{quote} @albchr: Let's See What Happens Forex Factory's very own "KING OF COMEDY" HDA OUT
Hey now ... it's not funny. It used to look like this! Think I may have used it too much?? ...
Attached Image
Ghost Rider - WWTBMD?
  • #391,345
  • Aug 5, 2014 7:09am Aug 5, 2014 7:09am
Waiting on noise ... center range. How original.
Attached Image (click to enlarge)
Click to Enlarge Name: !t-gbpusdmm233.png Size: 57 KB
Ghost Rider - WWTBMD?
  • #391,346
  • Aug 5, 2014 7:10am Aug 5, 2014 7:10am
IMHO, GBPUSD likely to re-test the trend channel near 1.6800. Only a break of 1.6930 and 1.6950 can term it strong enough to test 1.7000 level.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH4.png Size: 33 KB
  • #391,347
  • Aug 5, 2014 7:36am Aug 5, 2014 7:36am
Daily short is still valid to 1.67 to 1.65
Long is still valid to 1.70 test
Monthly still buy trend to 1.74 & 1.75
This is what i swing my trade.
GELORE
  • #391,348
  • Aug 5, 2014 7:43am Aug 5, 2014 7:43am
Quoting musani
Daily short is still valid to 1.67 to 1.65 Long is still valid to 1.70 test Monthly still buy trend to 1.74 & 1.75 This is what i swing my trade.
That's probably the best, short, overall view I've seen on this pair.
Ghost Rider - WWTBMD?
  • #391,349
  • Aug 5, 2014 7:47am Aug 5, 2014 7:47am
Quoting elbert3
{quote} well done ,were you on it,Regards E
thanks , yes was on it - also on the pullback , which isn't looking quite as good I must say
  • #391,350
  • Aug 5, 2014 8:08am Aug 5, 2014 8:08am
Quoting chazzle
{quote} thanks , yes was on it - also on the pullback , which isn't looking quite as good I must say
Good morning Chazzle I agree at this point. Rode it up, took a short but might drop it as a scalp for now. Gut still telling me 6950 is the better place for it.

Cable in center range waiting on news always makes me feel like......
Attached Image

Ghost Rider - WWTBMD?
  • #391,351
  • Aug 5, 2014 8:17am Aug 5, 2014 8:17am
there's no entri signal on my mt4. be patient
be patient and don't be greedy
  • #391,352
  • Edited 9:25am Aug 5, 2014 9:04am | Edited 9:25am
Move down now could this be 800
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Click to Enlarge Name: 4h.png Size: 94 KB
  • #391,353
  • Aug 5, 2014 9:04am Aug 5, 2014 9:04am
classic summer choppiness
  • #391,354
  • Aug 5, 2014 9:07am Aug 5, 2014 9:07am
Quoting elbert3
Move down now could this be 800
can 800 be materialized today ?
  • #391,355
  • Aug 5, 2014 9:09am Aug 5, 2014 9:09am
careful...positive data but no consumer optimism is a mixed signal
  • #391,356
  • Aug 5, 2014 9:11am Aug 5, 2014 9:11am
Quoting albchr
waiting on news always makes me feel like......
still in for now, by the skin of my teeth - hopefully the beginning of a bounce back up here - gl
  • #391,357
  • Aug 5, 2014 9:12am Aug 5, 2014 9:12am
Quoting Greener
classic summer choppiness
I hate August... lol
Ghost Rider - WWTBMD?
  • #391,358
  • Aug 5, 2014 9:13am Aug 5, 2014 9:13am
Quoting Greener
careful...positive data but no consumer optimism is a mixed signal
GBPUSD Order Entry SL TP
AceTrader SHORT [email protected] - 1.6812
  • #391,359
  • Aug 5, 2014 9:16am Aug 5, 2014 9:16am
Pending BUY Triggered, Perfect 88
Attached Image
A good trader follows his rules, but great trader knows when to break them
  • #391,360
  • Aug 5, 2014 9:25am Aug 5, 2014 9:25am
Quoting mubyas
{quote} can 800 be materialized today ?
its a big ask 50 pips??? Mmmm
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