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Cable Update (GBPUSD)

  • #403,581
  • Oct 20, 2014 9:30pm Oct 20, 2014 9:30pm
Quoting ssaqeel
GA got hit with China news, now the question is how low can this go ,,1.8300 good place to buy? {quote}
I dont think its going any lower
A good trader follows his rules, but great trader knows when to break them
  • #403,582
  • Oct 20, 2014 10:20pm Oct 20, 2014 10:20pm
Quoting ill_be_back
{quote} I dont think its going any lower
I will be out of the country for 3 weeks starting from Wednesday, will be back only November middle.
Intraday only.
  • #403,583
  • Oct 20, 2014 10:22pm Oct 20, 2014 10:22pm
Quoting navk
{quote} I will be out of the country for 3 weeks starting from Wednesday, will be back only November middle.
Have a safe Trip
A good trader follows his rules, but great trader knows when to break them
  • #403,584
  • Oct 20, 2014 10:25pm Oct 20, 2014 10:25pm
Have a good One Nav

Quoting navk
{quote} I will be out of the country for 3 weeks starting from Wednesday, will be back only November middle.
  • #403,585
  • Oct 20, 2014 10:36pm Oct 20, 2014 10:36pm
Thanks you guys.
Intraday only.
  • #403,586
  • Oct 20, 2014 11:59pm Oct 20, 2014 11:59pm
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd-d1-triple-a-investment.png Size: 35 KB
  • #403,587
  • Oct 21, 2014 12:23am Oct 21, 2014 12:23am
Quoting eggs
It's a longer term outlook & may take several days to develop but it could turn out to be a nice Head & Shoulders reversal pattern on the Daily. {image}
Agree
  • #403,588
  • Oct 21, 2014 12:33am Oct 21, 2014 12:33am
Quoting H4-forex
{quote} well i agree with you... 1.6200 is main level ... trend is still down for me with weekly TF... 1.6200 is 50% fib level as well.... 1.62xxx would be the good level for sell .... what you say guys ?
I'm with you but would like to wait for the reversal from 1.6220.
  • #403,589
  • Oct 21, 2014 12:38am Oct 21, 2014 12:38am
Quoting alagiri64
{quote} Hi Anil, Could you tell about the trend of Gold with trendline analysis? Thanks
Gold prices are likely to rally till $1263, where the co-existence of 100-day EMA and 61.8% Fibo level caps the near-term up-move of the yellow metal. However, a sustained break of $1263 can fuel it towards $1280. I support the near-term bulls; however, not being so optimistic unless the $1280 break.
Attached Image (click to enlarge)
Click to Enlarge Name: GOLDDaily.png Size: 53 KB
  • #403,590
  • Oct 21, 2014 2:20am Oct 21, 2014 2:20am
Quoting PoundTrader
{quote}i don't trust going short that pair just yet, what i did was short gbp/chf at 1.5235, s/l 1.5284, t/p 1.5169
ok im out this trade at 1.5204, im now long eur/nzd at 1.6019, s/l 1.5902, t/p 1.5215
  • #403,591
  • Oct 21, 2014 3:17am Oct 21, 2014 3:17am
gbp/cad watch for the big drop, mabe 300+ pips, she's ready to drop
  • #403,592
  • Oct 21, 2014 3:29am Oct 21, 2014 3:29am
ok gbp/nzd looking strong boys and girls, i also have a position in the pair, im long on that pair, where looking strong across the board, lets keep up the good work, i have a minor shor in eur/usd also, where breaking the bank this week
  • #403,593
  • Oct 21, 2014 3:31am Oct 21, 2014 3:31am
as i was saying gbp/cad is droping so look for some good pips in this pair, we can take our t/p now for a few pips i suggest we put s/l at breakeven and lets ride this bad boy down, good luck to all
  • #403,594
  • Oct 21, 2014 3:34am Oct 21, 2014 3:34am
look like i did the right thing in gbp/chf pair, he's a little confuse at the moment lets wait till we get a clear signal, what we want is for this pair to drop some so we can go long, so we sit out till we get the buy signal.
  • #403,595
  • Oct 21, 2014 3:36am Oct 21, 2014 3:36am
so far look like all pairs sticking to it's weekly trend witch is good, keep up the good works guys, we can bang out at least 500 pips this week if all stay the same but you know forex shit can change in a heart beat
  • #403,596
  • Oct 21, 2014 3:38am Oct 21, 2014 3:38am
week started out a little slow this week, we have some heavy new comming what we wanna do is be i our position ahead of time so we can ride the roller coaster, as always with love
  • #403,597
  • Oct 21, 2014 3:44am Oct 21, 2014 3:44am
ok where doing good it's GREEN across the board thats what i like to see, if things get realy green we might just call it a week, who knows
  • #403,598
  • Oct 21, 2014 3:47am Oct 21, 2014 3:47am
it's like driving down long streets with all green lights, what a pretty sight, this is good stuff boys, let protect our pips and sit back and let them run. untill next time im out http://www.easyfreesmileys.com/smileys/dancing-baby.jpg
  • #403,599
  • Oct 21, 2014 4:00am Oct 21, 2014 4:00am
ok hold on, shit is getting a little deep, where still green across the board some pairs are now in single digits, we don't wanna get stop at breakeven on those pairs so lets hold hands a sing coom by yah
  • #403,600
  • Oct 21, 2014 4:07am Oct 21, 2014 4:07am
all is good, now we can relax and let the pips build up http://www.easyfreesmileys.com/smileys/sleep-037.gif
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