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Cable Update (GBPUSD)

  • #404,041
  • Oct 28, 2014 3:24am Oct 28, 2014 3:24am
Quoting PoundTrader
{quote}lol, welcome back
Come with me if you want to live....
  • #404,042
  • Oct 28, 2014 3:26am Oct 28, 2014 3:26am
Quoting Dr.Blue
{quote} That's what I'm looking for, or near about - 6050 would definitely bring about a flurry of orders.
i think your chance is now expired !
  • #404,043
  • Oct 28, 2014 4:07am Oct 28, 2014 4:07am
Quoting GrowthHack
{quote} i think your chance is now expired !
Not so sure. I think even with positive US data in next few days this pair will end up testing 1.6200 and then pulling back to lower Kumo @ 6050. I've set up my buy position from there. We'll see what happens.
  • #404,044
  • Oct 28, 2014 4:53am Oct 28, 2014 4:53am
Quoting Neeraj_Raj
why is this thread so dead ............. where are the pros discussing the possibilities ......
They are PATIENTLY WAITING!!!
  • #404,045
  • Oct 28, 2014 6:28am Oct 28, 2014 6:28am
Quoting Makavell
{quote} They are PATIENTLY WAITING!!!
Sell GU for small lot 1.6180
TP 1.6145
SL 1.6203
  • #404,046
  • Oct 28, 2014 7:00am Oct 28, 2014 7:00am
Attached Image (click to enlarge)
Click to Enlarge Name: 4h.png Size: 76 KB
just back rushed but missed the news
  • #404,047
  • Oct 28, 2014 7:20am Oct 28, 2014 7:20am
5 lots on the high 6183 tp 20 pips 6203
  • #404,048
  • Oct 28, 2014 7:39am Oct 28, 2014 7:39am
Quoting elbert3
5 lots on the high 6183 tp 20 pips 6203
at this time potential double top on the day chart breaking it could see 6230 and more
Attached Image (click to enlarge)
Click to Enlarge Name: day.png Size: 72 KB
  • #404,049
  • Oct 28, 2014 7:44am Oct 28, 2014 7:44am
Quoting elbert3
{quote} at this time potential double top on the day chart breaking it could see 6230 and more {image}
Would stay out of it for anything but scalping. Tried a short earlier before the train started - The last days have been very difficult and ahead of FOMC I want to have as few positions as possible and pray for my orders to get filled on the theatre and hopefully not s/o LOL
Fix up, trade sharp ...
  • #404,050
  • Oct 28, 2014 7:59am Oct 28, 2014 7:59am
Quoting Hickson
{quote} Would stay out of it for anything but scalping. Tried a short earlier before the train started - The last days have been very difficult and ahead of FOMC I want to have as few positions as possible and pray for my orders to get filled on the theatre and hopefully not s/o LOL
i think this could be trend change ?????? if this 6185 goes then strong potential, only my opinion ,as i said yesterday if we only knew the way ?? try a long here 160 sl 45 and add over the high . 1 lot gl E
  • #404,051
  • Oct 28, 2014 8:02am Oct 28, 2014 8:02am
Quoting elbert3
{quote} i think this could be trend change ?????? if this 6185 goes then strong potential, only my opinion ,as i said yesterday if we only knew the way ?? try a long here 160 sl 45 and add over the high . 1 lot gl E
Possible mate, let's not forget this is still just a major correction of a bullish trend. But I want to see a confirmation first to join bulls, plenty of time I guess.
Fix up, trade sharp ...
  • #404,052
  • Oct 28, 2014 8:25am Oct 28, 2014 8:25am
Quoting elbert3
{quote} i think this could be trend change ?????? if this 6185 goes then strong potential, only my opinion ,as i said yesterday if we only knew the way ?? try a long here 160 sl 45 and add over the high . 1 lot gl E
This will go DOWN one more time (Possibly to 1.5930) before any major UP
A good trader follows his rules, but great trader knows when to break them
  • #404,053
  • Oct 28, 2014 8:26am Oct 28, 2014 8:26am
Quoting hickson
{quote} possible mate, let's not forget this is still just a major correction of a bullish trend. But i want to see a confirmation first to join bulls, plenty of time i guess.
true full correction down at 5720 area ,cleaner chart
Attached Image (click to enlarge)
Click to Enlarge Name: 4h.png Size: 80 KB
break out of 4 hour trend ,,but 23% fib,,so not 100%
  • #404,054
  • Oct 28, 2014 8:28am Oct 28, 2014 8:28am
Quoting ill_be_back
{quote} this will go down one more time (possibly to 1.5930) before any major up
hi could be also true looking at that possible double top but a bit early in the day ,, the only other thing if to can clear break that 4 hour tl ..regards
  • #404,055
  • Oct 28, 2014 8:31am Oct 28, 2014 8:31am
Quoting HDA
Good Morning Forex Factory Members and Guests The GBP/USD options expiry for Thursday, October 2, 2014 are as follows: 1.6285 -pay out US$181 million 1.6265/70 -pay out US$319 million 1.6240 -pay out US$270 million 1.6215 -Market Price at 10:55am Eastern, Wednesday, October 01, 2014 1.6200 -pay out US$308 million 1.6100 -pay out US$1.64 Billion -Do Not Ignore AND The USD/CAD options expiry for Thursday, October 2, 2014 are as follows: 1.1670 - BULLS TARGET 1.1185 - Market Price at 10:55am Eastern, Wednesday, October 1, 2014 1.1150 - pay out US$150...

Which subscription service do you use for options expiry????
  • #404,056
  • Oct 28, 2014 8:33am Oct 28, 2014 8:33am
Quoting elbert3
{quote} true full correction down at 5720 area ,cleaner chart {image} break out of 4 hour trend ,,but 23% fib,,so not 100%
I have about 5 pips lower, but will not make the difference I think. If we reach this, I will hopefully be there at the right time and buy like KUAT is my first name!
Fix up, trade sharp ...
  • #404,057
  • Oct 28, 2014 8:36am Oct 28, 2014 8:36am
Quoting Kajos2250
{quote} GU H4 GMT+3 Buy stop triggered too and previous long got the BE... Good luck! {image}
GU H4 GMT+3

I think it is time to prepare for strengthening toward after bullish engulfing, buy stop .6184. 200 sma ahead.
Invalidation if price could under ~6027...

Good luck!
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbpusdh4.png Size: 48 KB
Click to Enlarge Name: gbpusdh1.png Size: 41 KB
Anything is math!
  • #404,058
  • Oct 28, 2014 8:38am Oct 28, 2014 8:38am
Quoting Hickson
{quote} I have about 5 pips lower, but will not make the difference I think. If we reach this, I will hopefully be there at the right time and buy like KUAT is my first name!
If this goes for a retest of todays HIGH without going any Lower, I will SHORT this With every thing I have
Should not go lower then 1.6160
A good trader follows his rules, but great trader knows when to break them
  • #404,059
  • Oct 28, 2014 8:41am Oct 28, 2014 8:41am
Quoting ill_be_back
{quote} if this goes for a retest of todays high without going any lower, iwill short this with every thing i have
thats fighting talk from where i come from???lol gl,,
  • #404,060
  • Oct 28, 2014 8:45am Oct 28, 2014 8:45am
GU W1-MN1

Fakey long at strong confluence supported by yearly PP dont let me down!
Hoping this month could close like a nice bullish pin! 3 days left...
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDWeekly.png Size: 42 KB
Click to Enlarge Name: GBPUSDMonthly.png Size: 47 KB
Anything is math!
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