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Cable Update (GBPUSD)

  • #397,601
  • Sep 9, 2014 3:23am Sep 9, 2014 3:23am
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could be a big one close the gap,,?????
  • #397,602
  • Sep 9, 2014 3:26am Sep 9, 2014 3:26am
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any body buy the cad ,,gap closed
  • #397,603
  • Edited 6:19am Sep 9, 2014 3:34am | Edited 6:19am
Quoting cspip
{quote} Might get lower to 1.6077 / 65
Could rally today to around 1.6161 / 88......from about 1.6084
  • #397,604
  • Sep 9, 2014 3:35am Sep 9, 2014 3:35am
Short Gu at 1.61077

Trend is your friend... at lock profit
  • #397,605
  • Sep 9, 2014 3:37am Sep 9, 2014 3:37am
just saying news is not the focus ,as long as Scotland is a risk ,poss the speech could help bulls I guess ,
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #397,606
  • Sep 9, 2014 3:41am Sep 9, 2014 3:41am
Quoting pipster1
Short Gu at 1.61077 Trend is your friend... at lock profit
Out +12
  • #397,607
  • Sep 9, 2014 3:41am Sep 9, 2014 3:41am
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lines are magnets
  • #397,608
  • Sep 9, 2014 3:44am Sep 9, 2014 3:44am
What I SEE, is telling me to short any rally, but what I THINK, is a reversal long.
Anyone here looking at long targets of a few hundred pips? (Not in one move of course..)
  • #397,609
  • Sep 9, 2014 3:49am Sep 9, 2014 3:49am
Notice how news of the largest trade deficit in a year didn't move the market at all? Lots of volume and effort to move but no movement. Hidden buying going on. Look for a significant mark up later today.



Quoting vaclarush
There is a huge temporary markup coming for GBPUSD (likely today) up to around 1.63000 but it will get rejected from that level - that'll be the safer trade than riding the jump up. If you look at the price action for today and yesterday it is clear that the supply in the market has temporarily dried up. BEWARE OF THE JUMP. {image}
  • #397,610
  • Sep 9, 2014 3:51am Sep 9, 2014 3:51am
Goods news on Cable, What happened, nothing, Why? Do not know but it seems market waits Carney speech and US is still a bull.
No emotions, just trade
  • #397,611
  • Sep 9, 2014 3:51am Sep 9, 2014 3:51am
Quoting 2012mysterio
What I SEE, is telling me to short any rally, but what I THINK, is a reversal long. Anyone here looking at long targets of a few hundred pips? (Not in one move of course..)
I am reading no clear signals for a longer term trade, stay out other than a scalp
  • #397,612
  • Sep 9, 2014 4:01am Sep 9, 2014 4:01am
Quoting 2012mysterio
What I SEE, is telling me to short any rally, but what I THINK, is a reversal long. Anyone here looking at long targets of a few hundred pips? (Not in one move of course..)
yes am long with 6080 stop waiting to see to fill the gap at 6250 max but who knows it can reverse
  • #397,613
  • Sep 9, 2014 4:02am Sep 9, 2014 4:02am
Quoting Bones
just saying news is not the focus ,as long as Scotland is a risk ,poss the speech could help bulls I guess , {image}
I have to agree Tony. My break point for the bull run has always been 6250 break/test/fail.

My "thoughts" are even with the vote and Carney at best that's what we'll see. In fact all of that might be just what's needed for that 6250 test. At least "as of now" it seems clear. Other than intraday scalping of course, short the rallies. But even scalping, shorts would be safest IMHO.

Just my 2 cents and plan.

Have a great week folks
Ghost Rider - WWTBMD?
  • #397,614
  • Sep 9, 2014 4:12am Sep 9, 2014 4:12am
Quoting hoom
scalp long @6080 TP open SL @6065 {image}
this was my best long entry , price hit 6063x then rallied 50 pips north , talk about luck lol . I have a big short UJ at the moment @106.35 SL @106.50 better work out
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Get Rich or Die Tryin
  • #397,615
  • Sep 9, 2014 4:14am Sep 9, 2014 4:14am
Quoting albchr
{quote} I have to agree Tony. My break point for the bull run has always been 6250 break/test/fail. My "thoughts" are even with the vote and Carney at best that's what we'll see. In fact all of that might be just what's needed for that 6250 test. At least "as of now" it seems clear. Other than intraday scalping of course, short the rallies. But even scalping, shorts would be safest IMHO. Just my 2 cents and plan. Have a great week folks
morning Chris .. just on the way out leave you to take care of this,,if it breaks up to next line 6147 pivot 6170 res and res 6201 then the gap,,gl buddy
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  • #397,616
  • Sep 9, 2014 4:14am Sep 9, 2014 4:14am
Opened long, stop with close under 1.59 Target @1.645
  • #397,617
  • Sep 9, 2014 4:20am Sep 9, 2014 4:20am
Quoting 2012mysterio
What I SEE, is telling me to short any rally, but what I THINK, is a reversal long. Anyone here looking at long targets of a few hundred pips? (Not in one move of course..)
I will enter a long at 1.5964. Fibos, Harmonics...blah, blah, blah.

  • #397,618
  • Sep 9, 2014 4:25am Sep 9, 2014 4:25am
Quoting elbert3
{quote} morning Chris .. just on the way out leave you to take care of this,,if it breaks up to next line 6147 pivot 6170 res and res 6201 then the gap,,gl buddy {image}
Morning Billy, you'll have assignee that task to another. I won't be back here much until everything at my end reaches a conclusion. I have to turn my focus 100% that way now. Time is so short it now runs backwards.

Before the 15th and the "forced" take over of my account by fxcm, I will close all positions regardless of where, withdraw my funds and won't trade until and if I can find a new broker. I have one I want to use but ran into a snag there. I'll try to keep in touch via PM as long as possible. It's been fun my friend.

Scalp safe.
Ghost Rider - WWTBMD?
  • #397,619
  • Sep 9, 2014 4:29am Sep 9, 2014 4:29am
+ Divergence in H1
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Persian Gulf forever
  • #397,620
  • Sep 9, 2014 4:35am Sep 9, 2014 4:35am
be ready
1.6119 buy
or
1.6097 sell
good luck
Mind is like a parachute - it is useful only if open
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