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Cable Update (GBPUSD)

  • #405,461
  • Nov 23, 2014 5:08pm Nov 23, 2014 5:08pm
Quoting PoundTrader
{quote}hey i can be wrong my friend im not always right
Come with me if you want to live....
  • #405,462
  • Nov 23, 2014 5:10pm Nov 23, 2014 5:10pm
another trading week ahead fellas... my bias on cable remains bearish with a further drop to 153693 range. Last week we saw price broke and retest the daily -0.27% fib extension and formed this range. (4hr chart/tf) shows this to also be a double top at 38.2% level with the -61.8% extension being confluent with that of the daily fib play(153500) adding to the short bias. looking out for a break and retest of the range low in other to jump in short on this pair
  • #405,463
  • Nov 23, 2014 5:45pm Nov 23, 2014 5:45pm
Quoting Ill-b-back
{quote}
lol, i hope im right for my sake
  • #405,464
  • Nov 23, 2014 6:09pm Nov 23, 2014 6:09pm
Quoting PoundTrader
{quote}lol, i hope im right for my sake
Hi there Cable seems to go south at least 1.5577 hopefully.
Think out of the box........
  • #405,465
  • Nov 23, 2014 7:33pm Nov 23, 2014 7:33pm
Quoting josmartino
{quote} Hi there Cable seems to go south at least 1.5577 hopefully.
  • #405,466
  • Nov 23, 2014 7:39pm Nov 23, 2014 7:39pm
LONG @ 15654.
Hourly setup looks good to break that short term downtrend resistance.
Trade with what you see, not what you feel.
  • #405,467
  • Edited 10:06pm Nov 23, 2014 9:54pm | Edited 10:06pm
Quoting PoundTrader
im long g/u at 1.5638, s/l 1.5589, t/p 1.5887
what i saw when i took this trade was a floor being build on the 4hr charts witch if taken the trade can be a huge reward with some risk
  • #405,468
  • Nov 23, 2014 10:54pm Nov 23, 2014 10:54pm
Looking good to break the downtrend resistance, need an hourly close above it around 15664
Trade with what you see, not what you feel.
  • #405,469
  • Nov 23, 2014 11:22pm Nov 23, 2014 11:22pm
Quoting Basement
Looking good to break the downtrend resistance, need an hourly close above it around 15664
H1: eased above EMA.20 at 1.5660
  • #405,470
  • Nov 24, 2014 1:06am Nov 24, 2014 1:06am
Quoting PoundTrader
{quote}what i saw when i took this trade was a floor being build on the 4hr charts witch if taken the trade can be a huge reward with some risk
A floor right? Probably a solid floor like this
Attached Image
  • #405,471
  • Nov 24, 2014 2:09am Nov 24, 2014 2:09am
Quoting Makavell
{quote} A floor right? Probably a solid floor like this {image}
lol
  • #405,472
  • Nov 24, 2014 2:11am Nov 24, 2014 2:11am
Quoting Makavell
{quote} A floor right? Probably a solid floor like this {image}
LoL
Think out of the box........
  • #405,473
  • Nov 24, 2014 2:38am Nov 24, 2014 2:38am
Quoting Makavell
{quote} A floor right? Probably a solid floor like this {image}
GELORE
  • #405,474
  • Nov 24, 2014 3:31am Nov 24, 2014 3:31am
Added 15630.
Trade with what you see, not what you feel.
  • #405,475
  • Nov 24, 2014 5:06am Nov 24, 2014 5:06am
Going to try a sell on GJ at 185.42........
  • #405,476
  • Nov 24, 2014 5:24am Nov 24, 2014 5:24am
cable a good buy here for intraday

GU M15
Attached Image (click to enlarge)
Click to Enlarge Name: gum15.PNG Size: 30 KB
  • #405,477
  • Nov 24, 2014 5:56am Nov 24, 2014 5:56am
Booom
Trade with what you see, not what you feel.
  • #405,478
  • Nov 24, 2014 6:06am Nov 24, 2014 6:06am
Quoting PoundTrader
im long g/u at 1.5638, s/l 1.5589, t/p 1.5887
takes time but where on our way there
  • #405,479
  • Nov 24, 2014 6:24am Nov 24, 2014 6:24am
1.5630 and 1.5735 continued to establish the range for GBPUSD, either side break, (I support more on downside), can become important for the pair.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 37 KB
  • #405,480
  • Nov 24, 2014 6:41am Nov 24, 2014 6:41am
Quoting Basement
Booom
Shake, shake, shake the room !......
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