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Cable Update (GBPUSD)

  • #404,101
  • Oct 29, 2014 4:02am Oct 29, 2014 4:02am
[quote=elbert3;7830643]{image} morning i will watch that 150 area but would like to see a higher move
staying short still ..
  • #404,102
  • Oct 29, 2014 4:03am Oct 29, 2014 4:03am
Quoting skyhok
Breaking lower on a wave C down? {image}
  • #404,103
  • Oct 29, 2014 4:17am Oct 29, 2014 4:17am
Quoting ill_be_back
{quote} Out of that, Now I am LONG GJ 174.433 TP 181.090 Expecting Target to be HIT by Friday 10 am EST
Humble target I am long from 174.173 for 175.10 ^^
Fix up, trade sharp ...
  • #404,104
  • Oct 29, 2014 4:24am Oct 29, 2014 4:24am
[quote=DerekTrotter;7830947]
Quoting elbert3
{image} morning i will watch that 150 area but would like to see a higher move staying short still ..
Morning Dell ,,just had to move sl hope the news will send it up,,sorry i know your short,,gl 5 mins to go,,
Attached Image (click to enlarge)
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  • #404,105
  • Oct 29, 2014 4:31am Oct 29, 2014 4:31am
[quote=elbert3;7831004]
Quoting DerekTrotter
{quote} Morning Dell ,,just had to move sl hope the news will send it up,,sorry i know your short,,gl 5 mins to go,,{image}
morning E.. time for a cuppa lol ..
  • #404,106
  • Oct 29, 2014 4:37am Oct 29, 2014 4:37am
its quite simple
price immediately moved 1000 pips against him from the moment he opened these trades have never been in profit , not for 1 day,since early august
makes you wonder

Quoting nAVIN2007
{quote} how do u know this?
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #404,107
  • Oct 29, 2014 4:39am Oct 29, 2014 4:39am
Quoting Bones
its quite simple price immediately moved 1000 pips against him from the moment he opened these trades have never been in profit , not for 1 day makes you wonder {quote}

it did the same thing with me..
still in thou..and learning from it

i think we are going down bro
  • #404,108
  • Oct 29, 2014 4:47am Oct 29, 2014 4:47am

ahh but your not a institutional account trader , that goes to beach with HUGE resting orders in place

Quoting nAVIN2007
{quote} it did the same thing with me.. still in thou..and learning from it i think we are going down bro
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #404,109
  • Oct 29, 2014 4:50am Oct 29, 2014 4:50am
not sure about that ,position traders chart close soon


Quoting nAVIN2007
{quote}i think we are going down bro
Attached Image (click to enlarge)
Click to Enlarge Name: USD (DFB).png Size: 23 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #404,110
  • Oct 29, 2014 4:56am Oct 29, 2014 4:56am
Quoting Bones
not sure about that ,position traders chart close soon {quote} {image}

I look at the weekly previous candle as a weakness to move up..consolidating in a bear formation..movement this week down will confirm with a bit of luck..for me..all lies in USD

price is clearly still in a downtrend tony i feel..but that bottom is a tough cookie and i am concerned about it but the monthly is still a bear as that trendline is still intact
Attached Image(s) (click to enlarge)
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  • #404,111
  • Oct 29, 2014 5:05am Oct 29, 2014 5:05am
could be Nav my personal opinion is downtrend will resume ,but up first ,weekly =inverted hammer ,doji, doji ,

Quoting nAVIN2007
{quote} I look at the weekly previous candle as a weakness to move up..consolidating in a bear formation..movement this week down will confirm with a bit of luck..for me..all lies in USD price is clearly still in a downtrend tony i feel..but that bottom is a tough cookie and i am concerned about it but the monthly is still a bear as that trendline is still intact {image} {image}
Attached Image (click to enlarge)
Click to Enlarge Name: USD (DFB).png Size: 24 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #404,112
  • Oct 29, 2014 5:08am Oct 29, 2014 5:08am
Quoting Bones
could be Nav my personal opinion is downtrend will resume ,but up first ,weekly =inverted hammer ,doji, doji , {quote} {image}

yup i see your scenero happening as well..its certainly a tough read but im in already and kinda stuck (i think it has a higher % and that good enough for me)
have a good one pal
  • #404,113
  • Edited 5:36am Oct 29, 2014 5:24am | Edited 5:36am
lets see if weekly can give a bullish candle ,confirmation


Quoting nAVIN2007
{quote} yup i see your scenero happening as well..its certainly a tough read but im in already and kinda stuck (i think it has a higher % and that good enough for me) have a good one pal
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: 1 USD (DFB).png Size: 31 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #404,114
  • Oct 29, 2014 5:31am Oct 29, 2014 5:31am
Quoting Hickson
{quote} Humble target I am long from 174.173 for 175.10 ^^
Added 1 more at 174.172
Should turn from here (If not then DOWN to 173.601)
A good trader follows his rules, but great trader knows when to break them
  • #404,115
  • Oct 29, 2014 5:43am Oct 29, 2014 5:43am
actually $ showing retrace situ across board,depending on close
Attached Image (click to enlarge)
Click to Enlarge Name: USD (DFB).png Size: 18 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #404,116
  • Oct 29, 2014 5:44am Oct 29, 2014 5:44am
market expectation.....
http://www.reuters.com/article/2014/...0II08020141029
  • #404,117
  • Edited 6:08am Oct 29, 2014 5:49am | Edited 6:08am
its not surprising this hammer even tho is pretty ,is high risk against traffic at this point
gbp cad loves to consolidate
Attached Image (click to enlarge)
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #404,118
  • Oct 29, 2014 5:51am Oct 29, 2014 5:51am
lovely chart
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #404,119
  • Oct 29, 2014 5:54am Oct 29, 2014 5:54am
6110 again 2 lots now , hoping the 4 hour keeps it long
  • #404,120
  • Oct 29, 2014 5:56am Oct 29, 2014 5:56am
GBPUSD made a false triangle break yesterday and now back into consolidation. The pair becomes interesting on break of 1.6088 weekly PP, trend line and EMA also 50% of last leg up.
4H
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