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Cable Update (GBPUSD)

  • #404,641
  • Nov 5, 2014 2:42am Nov 5, 2014 2:42am
Quoting eliteincome
Gidday Elbert Thanks for charts Yeah hard work Not sure what is going on Bit off a fight going on Looks like it wants to explode
http://www.fxstreet.com/news/forex-n...8-1406fe978a97 read they do give some good numbers on this site ,, check it out ,,off to work now gl see you later
  • #404,642
  • Nov 5, 2014 3:11am Nov 5, 2014 3:11am
Quoting Mr.C
Good day traders. Tuesday's trade: sold GBP/USD from 1,5998 with SL @ 1,6028. Will update. Good luck everyone!
Hi traders. Yesterday's GBP/USD trade with +60 points at the moment. 2 active sells on cable with more than 120 points. Still holding.

Best of luck today!
Attached Image (click to enlarge)
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Twitter: MrC_Forex ; Facebook: /pages/MrC-Forex/197693770247397
  • #404,643
  • Nov 5, 2014 3:13am Nov 5, 2014 3:13am
Quoting elbert3
long 6004 target 6085,,, sl and short 59959 target 5910 1 win 2 loss this morning already ,,off to work
as above 910 ?? but taking profit here at 27 leaving trade on 5947
  • #404,644
  • Nov 5, 2014 3:15am Nov 5, 2014 3:15am
Quoting Mr.C
{quote} Hi traders. Yesterday's GBP/USD trade with +60 points at the moment. 2 active sells on cable with more than 120 points. Still holding. Best of luck today! {image}
looks like were pips apart looking at lower now ,,news coming hence taking profit here 27 ,, that was a target previous so i will stick to what my opinions were here ,,gl,,
  • #404,645
  • Nov 5, 2014 3:16am Nov 5, 2014 3:16am
Attached Image (click to enlarge)
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looking at the doji for possible direction
  • #404,646
  • Nov 5, 2014 3:20am Nov 5, 2014 3:20am
Quoting elbert3
{quote} morning good start to the week target 27 was hit and short again now, order 5960 target 5910,,,, just took 77 sl 5987{image}
as above mondays open opinions ,,lets see if 27 now will hold ,,,strange the way just before the news the market can stop,,and its stopped at 27 ????
Attached Image (click to enlarge)
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just be in mind of the price at the top it told us it can break the 4 hour tl,, lets see
  • #404,647
  • Nov 5, 2014 3:32am Nov 5, 2014 3:32am
Attached Image (click to enlarge)
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  • #404,648
  • Nov 5, 2014 3:33am Nov 5, 2014 3:33am
910 was hit reentering 905 sl 27 target anywhere below
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  • #404,649
  • Nov 5, 2014 3:33am Nov 5, 2014 3:33am
Quoting HareshBM
Waiting for a bounce to 1.5970 to initiate fresh sell position on GBPUSD, targeting 1.5910 and 1.5890 while placing stop-loss above 1.6010.
lower-than-expected services PMI leading GBPUSD fall towards the target area.
Will wait to see if it closes below 1.5900 for additional near-term weakness towards 1.5700-20 support area.
  • #404,650
  • Nov 5, 2014 3:34am Nov 5, 2014 3:34am
Quoting Mr.C
{quote} Hi traders. Yesterday's GBP/USD trade with +60 points at the moment. 2 active sells on cable with more than 120 points. Still holding. Best of luck today! {image}
Quoting elbert3
{quote} looks like were pips apart looking at lower now ,,news coming hence taking profit here 27 ,, that was a target previous so i will stick to what my opinions were here ,,gl,,
Took off some load and banked one position for +67 points already. The other order is left running with +74 pips and SL at +1.
Twitter: MrC_Forex ; Facebook: /pages/MrC-Forex/197693770247397
  • #404,651
  • Nov 5, 2014 3:34am Nov 5, 2014 3:34am
Quoting Mr.C
{quote} Took off some load and banked one position for +67 points already. The other order is left running with +74 pips and SL at +1.
5872 if it carries on
  • #404,652
  • Nov 5, 2014 3:35am Nov 5, 2014 3:35am
UK Services PMI printed the lowest level since June 2013, GBPUSD testing 1.5900. 1.5850 and 1.5780 becomes important supports for the pair. Descending trend channel on Weekly chart keep supporting the downturn.
Attached Image (click to enlarge)
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  • #404,653
  • Nov 5, 2014 3:43am Nov 5, 2014 3:43am
Quoting cspip
{quote} Next up level maybe 181.608....then 182.670.......
Sell triggered at 182.670.............(and trying a buy at 5878...........and EU at 1.2469..........)
  • #404,654
  • Nov 5, 2014 3:54am Nov 5, 2014 3:54am
Quoting cspip
{quote} Sell triggered at 182.670.............(and trying a buy at 5878...........and EU at 1.2469..........)
Hi Cpip could get back to 927 but for me looking lower 5846 before try retrace ..but GL i know you come out with good numbers ,, i should be at work ???? shhhh
  • #404,655
  • Nov 5, 2014 3:54am Nov 5, 2014 3:54am
Quoting andoseg2
I am looking for a short : {image}
Future Trailing stops updated on facebook . I don't want spam fxfactory with my threads.
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Money moves the market, not an indicator.
  • #404,656
  • Nov 5, 2014 3:59am Nov 5, 2014 3:59am
The position GBPUSD already more than 120 pips. will be near target.
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  • #404,657
  • Nov 5, 2014 4:06am Nov 5, 2014 4:06am
Hi,
I think it goes till 1.586xx and then we go till 1.596x and maybe again new lows.
Its just my guess
Time is your friend; impulse is your enemy.
  • #404,658
  • Nov 5, 2014 4:10am Nov 5, 2014 4:10am
Quoting elbert3
{quote} 5872 if it carries on
Knocking at the door now. Looks more like breaking it..maybe not today with the 146% daily range but I see a further move south.
Twitter: MrC_Forex ; Facebook: /pages/MrC-Forex/197693770247397
  • #404,659
  • Nov 5, 2014 4:12am Nov 5, 2014 4:12am
Quoting Mr.C
{quote} Knocking at the door now. Looks more like breaking it..
Attached Image (click to enlarge)
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1 we get double bottom ??? 2 new low then retrace before usa news ??
  • #404,660
  • Nov 5, 2014 4:14am Nov 5, 2014 4:14am
Quoting elbert3
{quote} {image} 1 we get double bottom ??? 2 new low then retrace before usa news ??
Added something to my previuous post. Retrace up is possible today as we have 146% of daily range already.
Twitter: MrC_Forex ; Facebook: /pages/MrC-Forex/197693770247397
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