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Cable Update (GBPUSD)

  • #404,981
  • Nov 9, 2014 6:51pm Nov 9, 2014 6:51pm
Holding short targeting blue line. 88.84% chance of reaching there some point in time, hopefully it will be in the near future
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Life's Good & Why Wouldn't It Be? Im a Pirate After All!
  • #404,982
  • Nov 9, 2014 11:00pm Nov 9, 2014 11:00pm
Quoting Firstboss
{quote} 1.5794, to be precise. This is weekly S2.
1.5940 seems next resistance to watch out.
  • #404,983
  • Nov 10, 2014 12:32am Nov 10, 2014 12:32am
Gidday GBP

well GBP crawled back up again

hard case should have kept my longs

Got a pending short waiting to kick in

There was a lot of posts about lower levels

Trading ninja mode.

Lets see what happens


Early Hint At A Bounce


GBP/USD is poking above the 1.5880 mark in the wake of a Harami pattern. A close above the barrier would help confirm the key reversal formation and open the prospect of a more sustained recovery. Selling interest would likely be renewed at the 1.6170 ceiling. A slide back below 1.5880 would see the risks skewed towards the Mid-September 2013 low near 1.5770.
  • #404,984
  • Nov 10, 2014 1:50am Nov 10, 2014 1:50am
how Catalonia - Spain Independence vote effect in GU pair ? when result will release ?
  • #404,985
  • Nov 10, 2014 2:30am Nov 10, 2014 2:30am
I am looking for a short . (if price go far above SL I'll cancel the position)

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Money moves the market, not an indicator.
  • #404,986
  • Nov 10, 2014 2:36am Nov 10, 2014 2:36am
Hello GBP

Not sure now with the EUR/US

Looking bit more active
  • #404,987
  • Nov 10, 2014 2:50am Nov 10, 2014 2:50am
Morning people ,
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looking at first trade 5865 sl 10 pips ,,the if it fails same 5919 sl 10 pips fails 5937 sl 10 pips target 5765, 5720 will adjust trades as i go but thats my plan this morning
  • #404,988
  • Nov 10, 2014 3:58am Nov 10, 2014 3:58am
Quoting andoseg2
I am looking for a short . (if price go far above SL I'll cancel the position) {image}
Manual close before SL hit with 50% lose from entire position.
Money moves the market, not an indicator.
  • #404,989
  • Nov 10, 2014 4:06am Nov 10, 2014 4:06am
Update 2: SL hit , 0% loss

Update : Covered
Just shorted now.

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Money moves the market, not an indicator.
  • #404,990
  • Edited 4:47am Nov 10, 2014 4:32am | Edited 4:47am
Update : manual exit with almost no loss. Stalking for re-entry

Sold

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Money moves the market, not an indicator.
  • #404,991
  • Nov 10, 2014 5:12am Nov 10, 2014 5:12am
Looking for short (if the price go up above SL before order trigger, setup will be canceled) :

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Money moves the market, not an indicator.
  • #404,992
  • Nov 10, 2014 5:23am Nov 10, 2014 5:23am
The market still consolidation..
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  • #404,993
  • Nov 10, 2014 5:28am Nov 10, 2014 5:28am
ranges are broadly defined today. 5883-5906. I see it within this range. bias is to the downside. break of 5800 basically calls for 5600 and possibly 5400
  • #404,994
  • Nov 10, 2014 6:02am Nov 10, 2014 6:02am
GBPUSD is more likely to plunge towards 1.5860 re-test on the break of 1.5885. Moreover, the extended decline below 1.5860 can cause the pair to fall towards 1.5800. On the upside, 1.5940 becomes important level for the pair.
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  • #404,995
  • Nov 10, 2014 6:16am Nov 10, 2014 6:16am
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range and possible breakout area watching yellow 50 ema for possible clue ? going into consolidation now
  • #404,996
  • Edited 7:52am Nov 10, 2014 7:35am | Edited 7:52am
Paying in a up channel in a corrective phase for long time while target all time down. In smaller tf in a wedge to up near soon or so though .5300 though next target after 5853 breaks , still may take a correction before reach it if not too hurry to down/crush further.
Anyway continue the same as before .
fontu
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #404,997
  • Nov 10, 2014 9:00am Nov 10, 2014 9:00am
Quoting andoseg2
Looking for short (if the price go up above SL before order trigger, setup will be canceled) : {image}
Sold :

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Money moves the market, not an indicator.
  • #404,998
  • Nov 10, 2014 11:35am Nov 10, 2014 11:35am
Now EU & GU have same picture... If EU touch 23800 i think GU can touch 58100...no?

PS: Or maybe do new low...
Try don't lose pants never...
  • #404,999
  • Nov 10, 2014 12:36pm Nov 10, 2014 12:36pm
Quoting braintheboss
Now EU & GU have same picture... If EU touch 23800 i think GU can touch 58100...no? PS: Or maybe do new low...
Might touch 5760!!!!!
  • #405,000
  • Nov 10, 2014 12:37pm Nov 10, 2014 12:37pm
Crucial GBP news out later this week. Meanwhile, we wont have much USD news until Thursday so position wisely
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