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Cable Update (GBPUSD)

  • #403,461
  • Oct 19, 2014 11:26am Oct 19, 2014 11:26am
Quoting ill_be_back
This will come DOWN to 1.59292 before any more UP (possibly 1.58744 Again)
Agree. The Patience has ended. But seriously, the downward channel has been tested and there were no bullish signs, only lower highs.
Fix up, trade sharp ...
  • #403,462
  • Oct 19, 2014 11:35am Oct 19, 2014 11:35am
People got nerves trading cable lately
The fragrance remains in the hands of those that gves the rose
  • #403,463
  • Oct 19, 2014 11:40am Oct 19, 2014 11:40am
Quoting Hickson
{quote} Agree. The Patience has ended. But seriously, the downward channel has been tested and there were no bullish signs, only lower highs.
If this don't make a new LOW on the Daily then UP trend starts from here
Lets see what happens
A good trader follows his rules, but great trader knows when to break them
  • #403,464
  • Oct 19, 2014 12:02pm Oct 19, 2014 12:02pm
Quoting okosodo
People got nerves trading cable lately

What do YOU think GU is going to do next
A good trader follows his rules, but great trader knows when to break them
  • #403,465
  • Oct 19, 2014 12:11pm Oct 19, 2014 12:11pm
Quoting ill_be_back
{quote} What do YOU think GU is going to do next
GA is expected to go down on opening. May be to 1.8300 or below. If 1.8412 is not broken.
Intraday only.
  • #403,466
  • Oct 19, 2014 1:03pm Oct 19, 2014 1:03pm
Quoting navk
{quote} GA is expected to go down on opening. May be to 1.8300 or below. If 1.8412 is not broken.
Yes Agree with you
A good trader follows his rules, but great trader knows when to break them
  • #403,467
  • Oct 19, 2014 1:42pm Oct 19, 2014 1:42pm
Quoting ill_be_back
{quote} Yes Agree with you
well, it is 1.8421 currently.
Intraday only.
  • #403,468
  • Oct 19, 2014 2:03pm Oct 19, 2014 2:03pm
Possible short stops level between resistance 1.6128 and resistance 1.6228
Possible long stops level between support 1.6048 and support 1.6004.
Levels to watch for momentum. Have a good week all.
Be like water making its way through cracks.
  • #403,469
  • Oct 19, 2014 3:22pm Oct 19, 2014 3:22pm
Seem GU will open with up gap. Maybe last up jump before fall?
Try don't lose pants never...
  • #403,470
  • Oct 19, 2014 3:32pm Oct 19, 2014 3:32pm
Quoting braintheboss
Seem GU will open with up gap. Maybe last up jump before fall?
ohhh, what makes you think that??
Be like water making its way through cracks.
  • #403,471
  • Oct 19, 2014 3:46pm Oct 19, 2014 3:46pm
Quoting braintheboss
Seem GU will open with up gap. Maybe last up jump before fall?
A good trader follows his rules, but great trader knows when to break them
  • #403,472
  • Oct 19, 2014 3:46pm Oct 19, 2014 3:46pm
Gidday GBP traders

What will it do

Trapped in a few trades shorts an longs

Not the smartest way to start the week

Not sure which order but 1.59 or 1.61

Thinking we will get to both of these targets
  • #403,473
  • Oct 19, 2014 4:07pm Oct 19, 2014 4:07pm
Quoting braintheboss
Seem GU will open with up gap. Maybe last up jump before fall?
U/J and E/J also gapped up ... vely funny ...
Fix up, trade sharp ...
  • #403,474
  • Oct 19, 2014 4:14pm Oct 19, 2014 4:14pm
Quoting braintheboss
Seem GU will open with up gap. Maybe last up jump before fall?

USD indices
week over sold area ecxotion indicates up trend for the week..

dally clear a continuation of a pull back,...

4h chat indicates a pull buck withe an ecxostion on a down trend=caution till new candle of 4h,to indentify a continuation to the upside,..

1h chat confirmation on up trend close candle not clear as ecxostion...

5 mm chart very clear on a green opening candle,

my view,gbp+correlation are on week positive grownd but USD is more strong on a pull buck from supot,
wish all green week..
all times learnning
  • #403,475
  • Oct 19, 2014 4:15pm Oct 19, 2014 4:15pm
SHORT GJ 172.423
A good trader follows his rules, but great trader knows when to break them
  • #403,476
  • Oct 19, 2014 4:17pm Oct 19, 2014 4:17pm
Quoting ill_be_back
SHORT GJ 172.423
Too risky for me Short GBP/USD at 1.6103
Fix up, trade sharp ...
  • #403,477
  • Oct 19, 2014 4:20pm Oct 19, 2014 4:20pm
Quoting Hickson
{quote} Too risky for me Short GBP/USD at 1.6103
Both Good for SHORT
A good trader follows his rules, but great trader knows when to break them
  • #403,478
  • Oct 19, 2014 4:26pm Oct 19, 2014 4:26pm
Quoting ill_be_back
{quote} Both Good for SHORT
Yes, but already trading E/J short and E/J short PLUS Geppy short is a bit too much then ...
Fix up, trade sharp ...
  • #403,479
  • Oct 19, 2014 4:33pm Oct 19, 2014 4:33pm
Quoting ill_be_back
{quote} Both Good for SHORT
Have shorted GA.
Intraday only.
  • #403,480
  • Oct 19, 2014 4:38pm Oct 19, 2014 4:38pm
Quoting navk
{quote} Have shorted GA.
Going to Focus on GU & GJ, Possibly a LONG term setup
A good trader follows his rules, but great trader knows when to break them
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