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Cable Update (GBPUSD)

  • #403,141
  • Oct 16, 2014 7:40am Oct 16, 2014 7:40am
Quoting poseikwame
Give up now BULLS.... it's the FALL Season
Not yet it has to go UP to pick up my pending ORDERS
A good trader follows his rules, but great trader knows when to break them
  • #403,142
  • Oct 16, 2014 7:42am Oct 16, 2014 7:42am
Quoting ill_be_back
{quote} Not yet it has to go UP to pick up my pending ORDERS
whats your pending orders?
  • #403,143
  • Oct 16, 2014 7:44am Oct 16, 2014 7:44am
Quoting poseikwame
{quote} whats your pending orders?
Sell at 1.60200
A good trader follows his rules, but great trader knows when to break them
  • #403,144
  • Edited 7:56am Oct 16, 2014 7:45am | Edited 7:56am
Quoting ill_be_back
{quote} Me too
Scalped and out with few pips.

Now again IN, SHORT.
Intraday only.
  • #403,145
  • Oct 16, 2014 7:46am Oct 16, 2014 7:46am
Quoting ill_be_back
{quote} Sell at 1.60200
  • #403,146
  • Oct 16, 2014 7:46am Oct 16, 2014 7:46am
Quoting ill_be_back
{quote} Sell at 1.60200
It will bust right through 6020 with this momentum, I think.
There's always money in the banana stand.
  • #403,147
  • Oct 16, 2014 7:48am Oct 16, 2014 7:48am
Seems pretty strong
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There's always money in the banana stand.
  • #403,148
  • Oct 16, 2014 7:55am Oct 16, 2014 7:55am
Quoting Kajos2250
{quote} Set BE, buy limit .5969 placed... Good luck! {image}

Are you still Long Cable Kajos.....?

I'm still long @1.597 .....SL... 1.5945 now

The bearish oblique is almost broken......
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  • #403,149
  • Oct 16, 2014 7:56am Oct 16, 2014 7:56am
Could be retesting that long red candle breakout at resistance
Attached Image (click to enlarge)
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Come with me if you want to live....
  • #403,150
  • Oct 16, 2014 7:57am Oct 16, 2014 7:57am
Quoting navk
{quote} Scalped and out with few pips. Now again IN, SHORT.
Out with +++
But will again take short GA. later
Intraday only.
  • #403,151
  • Oct 16, 2014 8:01am Oct 16, 2014 8:01am
we smacked down pretty hard yesterday after retesting the previous breakout
Attached Image (click to enlarge)
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Come with me if you want to live....
  • #403,152
  • Oct 16, 2014 8:04am Oct 16, 2014 8:04am
16010.. maybe the downward trend has started.. hmm... with Industrial production news coming out in 10 mins...
  • #403,153
  • Oct 16, 2014 8:08am Oct 16, 2014 8:08am
Quoting ill_be_back
{quote} Me too
One of the greatest week I ever had in trading history.
Intraday only.
  • #403,154
  • Oct 16, 2014 8:14am Oct 16, 2014 8:14am
Quoting moto28
{quote} Are you still Long Cable Kajos.....? I'm still long @1.597 .....SL... 1.5945 now The bearish oblique is almost broken...... {image}
For some reason, price seems to have broken north of your bearish line while it is still well below mine
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: GBPUSDH4.png Size: 25 KB
Come with me if you want to live....
  • #403,155
  • Oct 16, 2014 8:19am Oct 16, 2014 8:19am
Quoting ill_be_back
{quote} Nope, We have USD news Coming up next which will be GREEN, GU DOWN {image}

GREEN, But no reaction OUT WIT A FEW
A good trader follows his rules, but great trader knows when to break them
  • #403,156
  • Oct 16, 2014 8:19am Oct 16, 2014 8:19am
Much better than expected US Industrial Production... but markets still looking to move extremely volatile
  • #403,157
  • Oct 16, 2014 8:22am Oct 16, 2014 8:22am
Quoting Ill-b-back
{quote} For some reason, price seems to have broken north of your bearish line while it is still well below mine {image} {image}
A old dilemma....Hourly trend or ticks trend ???..... it might work with the two
  • #403,158
  • Oct 16, 2014 8:25am Oct 16, 2014 8:25am
Quoting navk
{quote} One of the greatest week I ever had in trading history.
very great but messy indeed!! I think GA has done us some justice though...
  • #403,159
  • Oct 16, 2014 8:30am Oct 16, 2014 8:30am
Quoting moto28
{quote} Are you still Long Cable Kajos.....? I'm still long @1.597 .....SL... 1.5945 now The bearish oblique is almost broken...... {image}
Yes i am! Seeing just the H4 bullsih engulfing, next bullish pin, broken Bearish TL... I have 4 longs at the moment, 3 in BE, and another buy stop .6027.
I am really looking forward to tomorrow close...

Good luck!
Attached Image (click to enlarge)
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Anything is math!
  • #403,160
  • Oct 16, 2014 8:31am Oct 16, 2014 8:31am
  •  ysab
  • | Joined May 2013 | Status: Love the Prophet of mercy | 33 Posts
I would not want to think about Bull yet.
There is sign of divergence, but bull is not confirmed neither by Trend line nor by RSI.
Down Trend line in RSI is not broken up yet.
MACD Value is less than MACD Signal level too.
So I do not see Bullish yet.
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