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Cable Update (GBPUSD)

  • #403,861
  • Oct 24, 2014 2:58am Oct 24, 2014 2:58am
Quoting Kajos2250
{quote} GU H4 GMT+3 Nicely trending, 200 sma resistance ahead... Good luck! {image}
GU H4 GMT+3

Some long stopped out at BE, and it is the time to start place them back. One added and another buy stop .6058 placed.
Long break out expected from IB.
W1 fakey long is in progress supported yearly PP rejection, invalidation if price could close under ~5964...

Good luck!
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdh4.png Size: 55 KB
Anything is math!
  • #403,862
  • Oct 24, 2014 3:20am Oct 24, 2014 3:20am
I went long early at 1.6011, s/l 1.5974, t/p 1.6090 who knows it's friday shit happens
  • #403,863
  • Oct 24, 2014 3:26am Oct 24, 2014 3:26am
Attached Image (click to enlarge)
Click to Enlarge Name: 5.png Size: 63 KB
morning i see its started washing out
  • #403,864
  • Oct 24, 2014 3:36am Oct 24, 2014 3:36am
Where is GU going now after as expected GDP numbers?
  • #403,865
  • Oct 24, 2014 3:38am Oct 24, 2014 3:38am
Quoting sthobani
Where is GU going now after as expected GDP numbers?
slaughter
Early to bed, early to rise, keeps you healthy, wealthy and wise.
  • #403,866
  • Oct 24, 2014 3:39am Oct 24, 2014 3:39am
Expected means gbp going up for 150 pips!!!
  • #403,867
  • Oct 24, 2014 3:39am Oct 24, 2014 3:39am
Quoting eqshack
{quote} slaughter
  • #403,868
  • Oct 24, 2014 3:43am Oct 24, 2014 3:43am
Quoting mrnicecookie
Expected means gbp going up for 150 pips!!!
100 pips
  • #403,869
  • Oct 24, 2014 3:44am Oct 24, 2014 3:44am
Quoting Kajos2250
{quote} GU H4 GMT+3 Some long stopped out at BE, and it is the time to start place them back. One added and another buy stop .6058 placed. Long break out expected from IB. W1 fakey long is in progress supported yearly PP rejection, invalidation if price could close under ~5964... Good luck! {image}
Good Call! I wish I'd listened as my software was indicating down. I am new to the Forex game and wanted to know how did you make that call?
  • #403,870
  • Oct 24, 2014 3:46am Oct 24, 2014 3:46am
Quoting Mpt
{quote} If it re-captures 173.25 and gets over 173.4/5 it's going up again.
And there you go
  • #403,871
  • Oct 24, 2014 3:52am Oct 24, 2014 3:52am
Attached Image (click to enlarge)
Click to Enlarge Name: 4h.png Size: 72 KB
a clear break out of the emas is needed here
  • #403,872
  • Oct 24, 2014 3:55am Oct 24, 2014 3:55am
Quoting GlobalMacro
{quote} Hey Jeff, 1.6072 is change of polarity and down it went w/ bearish momentum after 1.6170 rejection. Minor support @ 1.6005 (looks to be holding for now) , otherwise acceleration possible down to 1.5920. Best of luck to you.
1.6005 support held and we're now back at 1.6072-82 Change of Polarity level. This breaks then nothing in the way until 1.6165.
Hear the music before the song is over ...
  • #403,873
  • Oct 24, 2014 3:55am Oct 24, 2014 3:55am
Attached Image (click to enlarge)
Click to Enlarge Name: 1.png Size: 60 KB
loads of resistance,
  • #403,874
  • Oct 24, 2014 4:06am Oct 24, 2014 4:06am
Quoting Kajos2250
{quote} GU H4 GMT+3 Some long stopped out at BE, and it is the time to start place them back. One added and another buy stop .6058 placed. Long break out expected from IB. W1 fakey long is in progress supported yearly PP rejection, invalidation if price could close under ~5964... Good luck! {image}
GU H4 GMT+3

Buy stop triggered, previous long got BE too.
Expected break out happened by bullish engulfing. Maybe some retrace is coming to the box of IB where more bulls will join.
Invalidation price changed to closing under ~6000...

Good luck!
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdh4.png Size: 56 KB
Anything is math!
  • #403,875
  • Oct 24, 2014 4:16am Oct 24, 2014 4:16am
That news took it side ways... smh
  • #403,876
  • Oct 24, 2014 4:19am Oct 24, 2014 4:19am
a little breakout with some follow thru?

Or is this pair messing with me again?
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 24 KB
Click to Enlarge Name: GBPUSDH4.png Size: 28 KB
Come with me if you want to live....
  • #403,877
  • Oct 24, 2014 4:22am Oct 24, 2014 4:22am
Quoting Ill-b-back
a little breakout with some follow thru? Or is this pair messing with me again? {image} {image}
pair seems confused
  • #403,878
  • Oct 24, 2014 4:29am Oct 24, 2014 4:29am
Quoting elbert3
{image} a clear break out of the emas is needed here
161 650 sold..since 21st so trains heading south for a while .. how u doing hombre .. ;-)
  • #403,879
  • Oct 24, 2014 4:32am Oct 24, 2014 4:32am
Quoting poseikwame
{quote} pair seems confused
Don't worry... I'll push it to 1.6010
  • #403,880
  • Oct 24, 2014 4:32am Oct 24, 2014 4:32am
Quoting DerekTrotter
{quote} 161 650 sold..since 21st so trains heading south for a while .. how u doing hombre .. ;-)
south to 1600 range? dont forget major news due NY open
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