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Cable Update (GBPUSD)

  • #405,641
  • Dec 2, 2014 2:27am Dec 2, 2014 2:27am
Quoting MaximeCau
Morgan Stanley enters GBPUSD Short from 1.567, with a target at 1.53 and a stop at 1.576.
Then buy it
Trading 24/h
  • #405,642
  • Dec 2, 2014 2:42am Dec 2, 2014 2:42am
Quoting FxAndres
{quote} Then buy it
before 1.53, we need to break 1.56 which is a very strong support level at the moment.

Next monthly support is 1.52.
  • #405,643
  • Dec 2, 2014 2:58am Dec 2, 2014 2:58am
Bones....thank you for the pointer. I did see that. Can I view the strength ahead of that news as 'anticipation' ?

Oh and thanks for the 'time' pointer too....that was frustrating me :-)
  • #405,644
  • Dec 2, 2014 3:33am Dec 2, 2014 3:33am
GU H1

intraday - long biased
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  • #405,645
  • Dec 2, 2014 3:43am Dec 2, 2014 3:43am
where my broker loss my 3pip
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GELORE
  • #405,646
  • Dec 2, 2014 3:46am Dec 2, 2014 3:46am
Quoting chazzle
GU H1 intraday - long biased {image}
Yes, but volumes are not very clear at the moment.

Bearish at the moment but the support holds on...
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  • #405,647
  • Dec 2, 2014 3:49am Dec 2, 2014 3:49am
Quoting MaximeCau
{quote} Yes, but volumes are not very clear at the moment. Bearish at the moment but the support holds on... {image}
Maybe Betty Grable is getting tired of being pushed around ...
Fix up, trade sharp ...
  • #405,648
  • Dec 2, 2014 3:52am Dec 2, 2014 3:52am
its a tricky situ but monthly is hugely bearish at this point,

Quoting MarkyB
Bones....thank you for the pointer. I did see that. Can I view the strength ahead of that news as 'anticipation' ? Oh and thanks for the 'time' pointer too....that was frustrating me :-)
Attached Image (click to enlarge)
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #405,649
  • Dec 2, 2014 4:01am Dec 2, 2014 4:01am
Preparing for another Short opurtunity
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  • #405,650
  • Dec 2, 2014 4:04am Dec 2, 2014 4:04am
Quoting MaximeCau
Yes, but volumes are not very clear at the moment. Bearish at the moment but the support holds on...
yeah - there's a trend going on in recent weeks - better mondays than tuesdays ... yesterday 180 pip bull ... mid at 675 - a few pips up from my line in the sand level from NOV17 close

GU D1
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  • #405,651
  • Dec 2, 2014 5:02am Dec 2, 2014 5:02am
I think we have a descending triangle, 1.57 is the support, I recommend to wait a pull back for selling.
Attached Image (click to enlarge)
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  • #405,652
  • Dec 2, 2014 5:28am Dec 2, 2014 5:28am
short @ 1.5700 , sl: 1.5767 , tp: open
Hear the music before the song is over ...
  • #405,653
  • Dec 2, 2014 6:03am Dec 2, 2014 6:03am
long order 56720
  • #405,654
  • Dec 2, 2014 6:07am Dec 2, 2014 6:07am
Quoting GlobalMacro
short @ 1.5700 , sl: 1.5767 , tp: open
Shorting too good luck :-)
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  • #405,655
  • Dec 2, 2014 6:22am Dec 2, 2014 6:22am
diamond in yellow,
bearish flag in red,
profit in blue
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  • #405,656
  • Dec 2, 2014 6:25am Dec 2, 2014 6:25am
GU BUY LIMIT @1.5650/70 TP1 1.5760/70 TP2 1,5830/40 GOD BLESS ALL TRADERS
  • #405,657
  • Dec 2, 2014 6:27am Dec 2, 2014 6:27am
hmm if UJ prints new HH cable might drop through the ground. This would be 4th attempt on support, lower low would activate 54500 and bit lower.

Lets c.. weekly(daily doesnt look pretty bullish..
Hero calls followed by margin calls...
  • #405,658
  • Dec 2, 2014 6:30am Dec 2, 2014 6:30am
Quoting elbert3
long order 56720
Expecting a bounce from 1.5640 support area. Fair possibilities of the bounce-back to get extended till 1.5900 in the near-term.
  • #405,659
  • Dec 2, 2014 6:38am Dec 2, 2014 6:38am
Quoting HareshBM
{quote} Expecting a bounce from 1.5640 support area. Fair possibilities of the bounce-back to get extended till 1.5900 in the near-term.

I'm afraid we won'tgo higher... The big upmove we had yesterday was to confirm this up trendline we broke last week.

This confirm the downtrend. But, for sure, we'll have a bouce at 1.56 but I think we won't go higher than 1.57.
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  • #405,660
  • Dec 2, 2014 6:38am Dec 2, 2014 6:38am
watch out guys cable wanna make LL.. its seem so bearish right now..
the true currencies here is patience and react precisely
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