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Cable Update (GBPUSD)

  • #405,101
  • Nov 13, 2014 3:48am Nov 13, 2014 3:48am
Quoting navk
Hi Guys, back.
Welcome back
A good trader follows his rules, but great trader knows when to break them
  • #405,102
  • Nov 13, 2014 3:49am Nov 13, 2014 3:49am
Quoting ill_be_back
{quote} Welcome back
Thanks, hope it has been good for your for the last 3 weeks
Intraday only.
  • #405,103
  • Nov 13, 2014 3:54am Nov 13, 2014 3:54am
Quoting navk
{quote} Thanks, hope it has been good for your for the last 3 weeks
Good yes Now GA LONG 1.79847 SL 1,79775 with a Huge Target
A good trader follows his rules, but great trader knows when to break them
  • #405,104
  • Nov 13, 2014 4:02am Nov 13, 2014 4:02am
Quoting ez0770
agree with the previous poster, this is way oversold technically and fundamentally.
I wouldn't say it is oversold at all - it falls nicely in a long-term trend (8-hr chart scale).

The bottom trend line should provide support.

We had been held at the weekly S1 pivot (1.5759) - that's why the temporary delay.

I call for the daily S1 (1.5722)- that's close to the trend border
Attached Image
"Luxury is one of the basic needs", (c), Don Corleone
  • #405,105
  • Nov 13, 2014 4:13am Nov 13, 2014 4:13am
good ii and iii paterns. half deal closed + 0.5% Bank
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  • #405,106
  • Nov 13, 2014 4:14am Nov 13, 2014 4:14am
Quoting ill_be_back
{quote} Good yes Now GA LONG 1.79847 SL 1,79775 with a Huge Target
Fingers crossed
Intraday only.
  • #405,107
  • Edited 8:51am Nov 13, 2014 5:10am | Edited 8:51am
Gone L here from DB. Let us see how it goes.
Intraday only.
  • #405,108
  • Nov 13, 2014 5:13am Nov 13, 2014 5:13am
Closed it with 42 $ +

First day after 3 weeks. Do not want to be greedy.
Intraday only.
  • #405,109
  • Nov 13, 2014 5:19am Nov 13, 2014 5:19am
Good Afternoon !
Today's S/R levels on MT4 Templates

EURO
CABLE
AUDUSD
USDJPY
GOLD

http://www.forexfactory.com/showthre...94#post7868494

EURO PINK
CABLE PINK
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #405,110
  • Nov 13, 2014 5:41am Nov 13, 2014 5:41am
Red news unemployment claims on USD in this bear trend.. GBP possibly be up ..
What will happen to the trends guys ?
Will it keep bearish ??
GTS V8 Return This Month: 0.1%
  • #405,111
  • Edited 6:18am Nov 13, 2014 5:42am | Edited 6:18am
very initial singal for the correction up or so there at low if able break 5770,75 & 84 at last , otherwise still some extension down possible . anyway time is limiting for further crush soon. take care .enough perhaps this week.the minute signal not hold , ok , as so in the last leg down only happened extension with any corrective success.
fontu
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #405,112
  • Nov 13, 2014 5:45am Nov 13, 2014 5:45am
Quoting rizkinovri
Red news unemployment claims on USD in this bear trend.. GBP possibly be up .. What will happen to the trends guys ? Will it keep bearish ??
GB in very much bearish mood and might go south toward 1.52 with in weeks see the weekly, the speak of Clown BOE's head yesterday
  • #405,113
  • Nov 13, 2014 6:46am Nov 13, 2014 6:46am
Pound is about to touch long-awaited 61% Fibo...1.5714...
below it there is monthly S2 ..
hmm what to do
always draw trendlines
  • #405,114
  • Nov 13, 2014 6:47am Nov 13, 2014 6:47am
Quoting sam69
{quote} 1.5733
Money is made by sitting, not trading. Jesse L. Livermore
  • #405,115
  • Nov 13, 2014 7:17am Nov 13, 2014 7:17am
hERE GBP/USD W1 WITH FIB LEVELS
it will be a blow or a miss
us stocks rising even with bad news will bring rumors of FED other program or tools sort of QE on the table.
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  • #405,116
  • Nov 13, 2014 7:35am Nov 13, 2014 7:35am
One more L in GA and closed.
Intraday only.
  • #405,117
  • Nov 13, 2014 7:52am Nov 13, 2014 7:52am
Attached Image (click to enlarge)
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  • #405,118
  • Nov 13, 2014 7:55am Nov 13, 2014 7:55am
EUR/GBP Monthly chart
61.8 fib doing its job
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  • #405,119
  • Nov 13, 2014 8:03am Nov 13, 2014 8:03am
Quoting Firstboss
{quote} I wouldn't say it is oversold at all - it falls nicely in a long-term trend (8-hr chart scale). The bottom trend line should provide support. We had been held at the weekly S1 pivot (1.5759) - that's why the temporary delay. I call for the daily S1 (1.5722)- that's close to the trend border
I consider my target achieved, shorts closed within 5 pips of the daily S1.
Further down move isn't guaranteed, and I don't see signals for a turnaround.
"Luxury is one of the basic needs", (c), Don Corleone
  • #405,120
  • Nov 13, 2014 8:26am Nov 13, 2014 8:26am
if it s up first target 6050
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