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Cable Update (GBPUSD)

  • #391,741
  • Aug 7, 2014 5:59am Aug 7, 2014 5:59am
Shorting EUR/GBP is the safest bet
"Luxury is one of the basic needs", (c), Don Corleone
  • #391,742
  • Aug 7, 2014 6:02am Aug 7, 2014 6:02am
meh....no change in rates
  • #391,743
  • Aug 7, 2014 6:03am Aug 7, 2014 6:03am
Quoting GlobalMacro
{quote} your post said "tighten sl if you got balls" , but now this your reply implies otherwise...
i might of missed the ,,,,,,,,out ??
  • #391,744
  • Aug 7, 2014 6:03am Aug 7, 2014 6:03am
Good Afternoon !

Today's S/R levels on MT4 Templates

EURO
CABLE
AUDUSD
EURJPY

http://www.forexfactory.com/showthre...29#post7656729

EURO PINK
CABLE PINK
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #391,745
  • Aug 7, 2014 6:04am Aug 7, 2014 6:04am
Quoting Firstboss
Shorting EUR/GBP is the safest bet
imo not even close. intraday could be disaster of a trade concerning whats going on


__

also sold ga gj and gu

edit.Risk 20 total on all
lets see

off
  • #391,746
  • Aug 7, 2014 6:06am Aug 7, 2014 6:06am
Non event data. Gee ... what a shocker. Nothing changes and we wait some more. Sometimes I really wish we had an actual "market" driven market.
Attached Image
Ghost Rider - WWTBMD?
  • #391,747
  • Aug 7, 2014 6:14am Aug 7, 2014 6:14am
Quoting Beli
{quote} Do you expect this during news or....?
We're on our way. ECB presser next.
Hear the music before the song is over ...
  • #391,748
  • Aug 7, 2014 6:25am Aug 7, 2014 6:25am
IMO, 1.6870 can become important resistance for the GBPUSD with 1.6834-30 being good support points at downside.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 35 KB
  • #391,749
  • Aug 7, 2014 6:28am Aug 7, 2014 6:28am
Quoting Fx_Anil
IMO, 1.6870 can become important resistance for the GBPUSD with 1.6834-30 being good support points at downside. {image}
I don't think it will stop at 6824. it may well slide to 6400 very easily. 6780 and below stops will build since that was the carney low before he opened his stinking mouth on a monday night which was June 1 I suppose
  • #391,750
  • Aug 7, 2014 6:31am Aug 7, 2014 6:31am
Quoting Fx_Anil
IMO, 1.6870 can become important resistance for the GBPUSD with 1.6834-30 being good support points at downside. {image}
TL rejection or break ? What do you think ?
Hear the music before the song is over ...
  • #391,751
  • Aug 7, 2014 6:32am Aug 7, 2014 6:32am
Quoting giveachance
{quote} I don't think it will stop at 6824. it may well slide to 6400 very easily. 6780 and below stops will build since that was the carney low before he opened his stinking mouth on a monday night which was June 1 I suppose
GC good man,,nice to see you ,,,Billy ps i have just made the same notes ,post later got to run out ,,not long thou,,gl
  • #391,752
  • Aug 7, 2014 6:33am Aug 7, 2014 6:33am
Quoting GlobalMacro
{quote} TL rejection or break ? What do you think ?
check them balls now,,,lol
  • #391,753
  • Aug 7, 2014 6:42am Aug 7, 2014 6:42am
Quoting elbert3
{quote} check them balls now,,,lol

you not trade other pair?
  • #391,754
  • Aug 7, 2014 6:44am Aug 7, 2014 6:44am
Quoting cspip
{quote} I have 1.6871 and possibly 1.6884...........currently the battle over 1.6849
Quoting GlobalMacro
{quote} 1.6849 is no more , they're walking all over it. 1.6860 prolly too. 1.6887 got sold in Asia y/d ....
Keeps coming back to 49

I'd like it below 28 ish or above 64
  • #391,755
  • Aug 7, 2014 6:46am Aug 7, 2014 6:46am
Looks like the only way to trade this is to wait for a clear break, either up or down. Break below 6808 would be better today, for 6730-50.
Everyone can see the chart, but only a few can actually read it.
  • #391,756
  • Aug 7, 2014 6:47am Aug 7, 2014 6:47am
Quoting sami4240
{quote} you not trade other pair?
yes 4 others
  • #391,757
  • Aug 7, 2014 6:50am Aug 7, 2014 6:50am
Quoting cspip
{quote} {quote} Keeps coming back to 49 I'd like it below 28 ish or above 64
We got there o/n , almost , 5 pips shy = 1.6865 -- Asia keeps selling , need break their tl to make way
Hear the music before the song is over ...
  • #391,758
  • Aug 7, 2014 6:51am Aug 7, 2014 6:51am
Quoting future2008
Hi HDA I am very much impressed with ur technical analysis especially for the pair like GBP/USD and GBP/CAD But my apprehension is that....since march 2014 the volume have dropped drastically and u just check...the forex market is not moving the way it was before 6 months.....may i know ur opinion in this cotext.....and also i want a suggestion from you....which pair or crosses is more voltile these days where the movement is at par to make scalping trade.....please reply and also tell me which pair is perfect for technical trade....
@future2008:

I am just seeing your questions. I will reply later, have to rush out

I remain short GBP/USD to 1.6760 - Take Profit

HDA OUT
  • #391,759
  • Aug 7, 2014 6:51am Aug 7, 2014 6:51am
Quoting Perspolis
After All Apams See this chart {image}
Aug 7, 2014 14:40 (1 hr 40 min ago)
read it again
  • #391,760
  • Aug 7, 2014 6:52am Aug 7, 2014 6:52am
Quoting OnlineAddict
Looks like the only way to trade this is to wait for a clear break, either up or down. Break below 6808 would be better today, for 6730-50.
Agreed...right now my prediction on the GU is ????
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