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Cable Update (GBPUSD)

  • #404,941
  • Nov 7, 2014 9:02am Nov 7, 2014 9:02am
Quoting DerekTrotter
{quote} Nice one Trader .. keep the faith hey ..
yea testing stuffs here. lets see if it succeeds making a base above .5840 and reclaim it lol to launch
personally would prefer to short from high above
  • #404,942
  • Nov 7, 2014 9:12am Nov 7, 2014 9:12am
locked in 35 need to take out 33 again or rebound higher
  • #404,943
  • Nov 7, 2014 9:31am Nov 7, 2014 9:31am
these dovish talks not helping... how is everyone else doing?
  • #404,944
  • Nov 7, 2014 9:36am Nov 7, 2014 9:36am
Quoting GlobalMacro
{quote} I've been short since 1.6000 last Friday when I said it's gonna break down if it doesn't close above 1.6005 ... and here we are .
so ?
  • #404,945
  • Nov 7, 2014 9:37am Nov 7, 2014 9:37am
Quoting elbert3
{quote} {image} hit the top sell zone
Attached Image (click to enlarge)
Click to Enlarge Name: gold2.png Size: 58 KB
bang on 61 ,, from 42 that will do today profit off 67 is now possible gb out plus 16 now back in at 38 sl 50 come on lets go out with a bang
  • #404,946
  • Nov 7, 2014 9:49am Nov 7, 2014 9:49am
Quoting Mr.C
{quote} If there are lots of buyers, there are lots of stops hidden below and wanted - you know what I mean. Anyways, loaded GBP/CAD short from 1,8198 today that looks more or less promising so will stay aside to only monitor cable this evening. Good luck guys!
Whats your TP on GCAD
A good trader follows his rules, but great trader knows when to break them
  • #404,947
  • Nov 7, 2014 9:53am Nov 7, 2014 9:53am
IMO, the only trade setups are trading the range - this market has ended up in range-bound mode for the last 20 hours or so.
  • #404,948
  • Nov 7, 2014 9:56am Nov 7, 2014 9:56am
Quoting DailyChart
{quote} so ?
Hi sweetie , what can I do for you ?
Hear the music before the song is over ...
  • #404,949
  • Nov 7, 2014 10:11am Nov 7, 2014 10:11am
I take a short / sell. The support is 1.5343. SL is 40 pips.
Attached Image (click to enlarge)
Click to Enlarge Name: 7NovGU setelah NFP.png Size: 53 KB
  • #404,950
  • Nov 7, 2014 10:14am Nov 7, 2014 10:14am
This would be a good trade for today, good luck.
  • #404,951
  • Nov 7, 2014 11:56am Nov 7, 2014 11:56am
Cable is hovering arround exactly at 10th Nov 2013 leval!!!!!
  • #404,952
  • Nov 7, 2014 12:03pm Nov 7, 2014 12:03pm
Well it took over the base at .5840 bulls arent giving up.

Let's see if it can take over .5878 (previous support). Me thinks it wants to retest the broken levels.
  • #404,953
  • Nov 7, 2014 12:55pm Nov 7, 2014 12:55pm
Quoting GlobalMacro
{quote} 1.5760 but I'm watching 1.5860/70 area in case it wants to build a base. As long as we're below that zone , bearish momentum is on.
Price now inside 1.5860-70. Close above is important for momentum to switch to the bullish side.
Hear the music before the song is over ...
  • #404,954
  • Nov 7, 2014 1:08pm Nov 7, 2014 1:08pm
Quoting GlobalMacro
{quote} Price now inside 1.5860-70. Close above is important for momentum to switch to the bullish side.
Yes Cable touched the low of the 15/10/2014 which gave some support, ANXIOUS TO KNOW FOR THE 25 PIPS MOVE AT THIS TIME?
  • #404,955
  • Nov 7, 2014 1:18pm Nov 7, 2014 1:18pm
Quoting Dr.Zain
{quote} Yes Cable touched the low of the 15/10/2014 which gave some support, ANXIOUS TO KNOW FOR THE 25 PIPS MOVE AT THIS TIME?
First contact got sold right off , there're couple of hours left until close.
Are you in any trades Doc ?
Hear the music before the song is over ...
  • #404,956
  • Nov 7, 2014 1:26pm Nov 7, 2014 1:26pm
Well it took a while but the low 1.5870 got hit ...now we range bound with a tendency to the up side. The gods of red numbers answered my prayers... Lol
Peace & Pips
  • #404,957
  • Nov 7, 2014 1:31pm Nov 7, 2014 1:31pm
Quoting GlobalMacro
{quote} Price now inside 1.5860-70. Close above is important for momentum to switch to the bullish side.

agreed


Quoting YardiFX
Well it took a while but the low 1.5870 got hit ...now we range bound with a tendency to the up side. The gods of red numbers answered my prayers... Lol
let's continue praying together
  • #404,958
  • Nov 7, 2014 1:36pm Nov 7, 2014 1:36pm
Peace & Pips
  • #404,959
  • Nov 7, 2014 2:11pm Nov 7, 2014 2:11pm
Southern bounce coming.
Ghost Rider - WWTBMD?
  • #404,960
  • Nov 7, 2014 2:19pm Nov 7, 2014 2:19pm
Quoting YardiFX

if she closes above .5878 more chance for upside coming before next fall. next week not much USA news
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