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Cable Update (GBPUSD)

  • #403,941
  • Oct 24, 2014 2:02pm Oct 24, 2014 2:02pm
Quoting elbert3
{quote} you just have this friday feeling that its going to explode ,, and quite possibly the wrong way that your in lol
You only see what you want to see
A good trader follows his rules, but great trader knows when to break them
  • #403,942
  • Oct 24, 2014 2:12pm Oct 24, 2014 2:12pm
Quoting ill_be_back
{quote} Most likely this will close near to Todays low or a new Low, Next week MORE DOWN
or maybe not cuz
Come with me if you want to live....
  • #403,943
  • Oct 24, 2014 4:18pm Oct 24, 2014 4:18pm
Wow

Déjà-vu


How to opt out annoying user signatures ??
  • #403,944
  • Oct 25, 2014 12:47am Oct 25, 2014 12:47am
Quoting PoundTrader
{quote}
  • #403,945
  • Oct 25, 2014 1:09am Oct 25, 2014 1:09am
Quoting GlobalMacro
OK , 1.6072 broken. It closes above 1.6085 today , bulls can take on 1.6155-65 easily. {image}
  • #403,946
  • Edited 10:57am Oct 25, 2014 2:33am | Edited 10:57am
Hello all,

According to my own system, the price pulled back from 1.6098 which is a strong resistance point.
Next week, the price might go up from 1.6098 to 1.6125 OR 1.6160 before going down to 1.5999 or less.
At the end of October, 1.5870 will be touched for sure.

Have a great weekend.
  • #403,947
  • Oct 25, 2014 4:55am Oct 25, 2014 4:55am
GBPUSD ELLIOT WAVE
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD.jpg Size: 120 KB
  • #403,948
  • Oct 25, 2014 6:20am Oct 25, 2014 6:20am
Quoting cloggie
{quote} Next time at the first sign of bullshit, get out. You were in profit and let it run against you, close at BE and if does turn around it gives you the opportunity to sell at a higher price. And it also gives you time to join the bullish reversal.
Love this guy ;-)
@pawpaw1000 on Twitter
  • #403,949
  • Oct 25, 2014 6:42am Oct 25, 2014 6:42am
Quoting pawpaw1000
{quote} Love this guy ;-)
Yeah, miss him. Wish he were still posting regularly.
Ghost Rider - WWTBMD?
  • #403,950
  • Oct 25, 2014 7:07am Oct 25, 2014 7:07am
Quoting cloggie
Since we have a bit of Pivot play going on and there are no setups to trade I may as well comment a bit more in depth on some strategies and charts here. Lots of traders fall in the trap of preconception. They wake up in the morning thinking about a bias, today we have had plenty of examples of people seeing this as a definite reversal. They open up their charts and keep throwing indy's and signals on it until the chart agrees with their view. When I start the morning I have a cup of coffee and I open a H4 first. I look at the longer term TL on...

#Wisdom
@pawpaw1000 on Twitter
  • #403,951
  • Oct 25, 2014 3:32pm Oct 25, 2014 3:32pm
Resurrection
Come with me if you want to live....
  • #403,952
  • Oct 25, 2014 10:20pm Oct 25, 2014 10:20pm
We will have important news relating to the Euro Zone bank stress test result ....

What do you think guys, is it will affect GU also?....

Maybe we will see a significant gap .....
  • #403,953
  • Oct 26, 2014 12:12am Oct 26, 2014 12:12am
Quoting abokwaik
.... regarding GBP/USD Potential Trade, Although it is not invalidated yet, however I am worried about yesterday PA. See chart comments. {image} I already exited all my positions for the week, waiting for more convincing PA next week.
GBP/USD Daily :

We have a Higher Low but Still not convincing. One Up Day on Low Volume.

It has to regain 1.62 and stay above for a while in order to think of new longs.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDrDaily_Oct24.png Size: 60 KB
No guts, no glory
  • #403,954
  • Oct 26, 2014 7:27am Oct 26, 2014 7:27am
*********
(26OCT2014 SUN)
Attached Image

The above chart is 2 hour chart for GBP/USD.
Pale orange lines and orange line are in parallel.
All blue lines are in parallel.
The cross-point of Pink line and orange line is the near future's peak.
  • #403,955
  • Oct 26, 2014 3:56pm Oct 26, 2014 3:56pm
Quoting ill_be_back
{quote} Just Touched my 173.976, Lets see if turns from here {quote}
I closed mine before the weekend, but planning to go SHORT again at market opening for 168 region!
Fix up, trade sharp ...
  • #403,956
  • Oct 26, 2014 4:17pm Oct 26, 2014 4:17pm
Quoting Hickson
{quote} I closed mine before the weekend, but planning to go SHORT again at market opening for 168 region!
This is right in the middle of 200+ pip UP or DOWN (Which First)
A good trader follows his rules, but great trader knows when to break them
  • #403,957
  • Oct 26, 2014 4:21pm Oct 26, 2014 4:21pm
Quoting ill_be_back
{quote} This is right in the middle of 200+ pip UP or DOWN (Which First)
Yes, the fibs say so! But RR is good for both, just keeping stops tight. If this goes over 174.60 I am OUT. If not, my pips will be very GREEN like you
Fix up, trade sharp ...
  • #403,958
  • Oct 26, 2014 4:28pm Oct 26, 2014 4:28pm
Quoting Hickson
{quote} Yes, the fibs say so! But RR is good for both, just keeping stops tight. If this goes over 174.60 I am OUT. If not, my pips will be very GREEN like you
I am thinking LONG for MON/TUE,
May be Will Go LONG at 173.671
A good trader follows his rules, but great trader knows when to break them
  • #403,959
  • Oct 26, 2014 4:29pm Oct 26, 2014 4:29pm
Quoting ill_be_back
{quote} I am thinking LONG for MON/TUE, May be Will Go LONG at 173.671
Why?
Fix up, trade sharp ...
  • #403,960
  • Oct 26, 2014 4:36pm Oct 26, 2014 4:36pm
Quoting Hickson
{quote} Why?
175.080 is the Target for Mon, For this to happen Max it should go down is 173.671
A good trader follows his rules, but great trader knows when to break them
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