Time for long..... Long gbpusd at 1.5990...SL 1.5960....TP later....
Cable Update (GBPUSD)
- #404,607
- Nov 4, 2014 12:29am Nov 4, 2014 12:29am
- Joined Dec 2013 | Status: Trader | 19,815 Posts
- #404,608
- Nov 4, 2014 12:34am Nov 4, 2014 12:34am
{quote} Perhaps not .. but have u ever tried pushing an Elephant up a Hill .. staying long
Lol... yea have not tried that yet
our elephant gotta pass hurdle .6030 first for TP .6050 
Still trying to see if it can rise to .6150 theres that possibility in longer time frame of course
- #404,609
- Nov 4, 2014 12:40am Nov 4, 2014 12:40am
- Joined Mar 2008 | Status: Name real with real own way | 23,413 Posts
Not understand?better not follow my analyses!doubt clearer first, risks ++
- #404,610
- Nov 4, 2014 12:47am Nov 4, 2014 12:47am
5853 is the real target & break area , ok , target meet before as was not absolute but still expecting that level break & go further down , next 5700 & 5500 areas before any reaction up real & strong possible . similarly for eu 2300 as target , should down 2234 to 2157 before the reaction possible or further down in both . Thanks , fontu
- #404,611
- Nov 4, 2014 12:51am Nov 4, 2014 12:51am
- Joined Dec 2013 | Status: Trader | 19,815 Posts
5853 is the real target & break area , ok , target meet before as was not absolute but still expecting that level break & go further down , next 5700 & 5500 areas before any reaction up real & strong possible . similarly for eu 2300 as target , should down 2234 to 2157 before the reaction possible or further down in both . Thanks , fontu
- #404,612
- Nov 4, 2014 12:51am Nov 4, 2014 12:51am
- Joined Mar 2008 | Status: Name real with real own way | 23,413 Posts
{quote} That's why we aren't holding this for long term positions. We are pretty aware it's currently in a range but since it can't break .5878 yet, room for upside to party before next leg down
take care Longers though .
In gold My long long term target will expect 1032. So further crush possible in all buy areas NOW.
First signal it( GU) may up are 6183 & 6523 breaks for 1 leg up, no final yet before previous top breaks again.
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
- #404,613
- Nov 4, 2014 1:27am Nov 4, 2014 1:27am
{quote} Sure , in normal sense they are in long term buy situation but the down still not down enough & overal situation not at all improved enough & so this ranging down to continue till proper timing & strength recovery. take care Longers though . In gold My long long term target will expect 1032. So further crush possible in all buy areas NOW. First signal it( GU) may up are 6183 & 6523 breaks for 1 leg up, no final yet before previous top breaks again. fontu
thanks for the reminder. and yes, i was intending to actually long from .5840 or .5740 for bigger bounce but since price doesnt like diving too far south, decided to try this for a smaller bounce instead All's good and agree while USDX is so strong, hard to GU to rise high
- #404,615
- Nov 4, 2014 3:38am Nov 4, 2014 3:38am
- | Joined Aug 2009 | Status: Trader | 1,871 Posts
GBPUSD will be trend down if closing candle below 1.5990. {image}
- #404,616
- Nov 4, 2014 3:50am Nov 4, 2014 3:50am
- Joined Sep 2009 | Status: From Timex to Rolex via Forex | 3,398 Posts
Twitter: MrC_Forex ; Facebook: /pages/MrC-Forex/197693770247397
- #404,620
- Edited 5:37am Nov 4, 2014 5:25am | Edited 5:37am
- Joined Mar 2008 | Status: Name real with real own way | 23,413 Posts
{quote}
smaller tf , ok after breaks 6018 & 33 for 6123 test before next leg down or so now .
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++