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Cable Update (GBPUSD)

  • #407,381
  • Jan 28, 2015 2:15am Jan 28, 2015 2:15am
Quoting spudforex
{quote} tell you what .. You've just handed me a really great idea.. Thanks hombre ..
lol thats a good looking chart you dont normally post them,, i was not joking ,, looks like a pro chart ,,
  • #407,382
  • Jan 28, 2015 2:19am Jan 28, 2015 2:19am
Quoting elbert3
{quote} lol thats a good looking chart you dont normally post them,, i was not joking ,, looks like a pro chart ,,
thing is E .. thanks but u know i dont like a lot of things on charts ..
and never used oscilators .. but love the cci .. and ur right about the up too cool
nice one E..
  • #407,383
  • Jan 28, 2015 2:49am Jan 28, 2015 2:49am
Fight going on here and no news ??? Carfull
  • #407,384
  • Jan 28, 2015 2:51am Jan 28, 2015 2:51am
Betty not in the mood ... coming back after ruthless sellers lol ... if she is taking out that 1.5226 area better watch out haha
Fix up, trade sharp ...
  • #407,385
  • Jan 28, 2015 3:14am Jan 28, 2015 3:14am
Quoting Hickson
Betty not in the mood ... coming back after ruthless sellers lol ... if she is taking out that 1.5226 area better watch out haha
Attached Image (click to enlarge)
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have to be carefull just over that line, 5230/5265 /70 then 5300
  • #407,386
  • Jan 28, 2015 3:16am Jan 28, 2015 3:16am
GBP/USD: 1.5155 - 1.5198 overnight range. Direction of USD rates key as cable overcomes Q4 GDP wobble (disappointing 0.5% qoq). BoE governor Carney speech in focus tonight. Res 1.5280. EUR/GBP trading sideways just below 0.7500 handle.
  • #407,387
  • Jan 28, 2015 3:31am Jan 28, 2015 3:31am
Attached Image (click to enlarge)
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dont trade that indi if you dont agree ,as you can see in the past it can change and we are still tech in a down trend
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  • #407,388
  • Jan 28, 2015 3:42am Jan 28, 2015 3:42am
cup and handle forming - if it crosses 1.5230, it will go to 1.5480.
  • #407,389
  • Jan 28, 2015 3:59am Jan 28, 2015 3:59am
news out of the bag or just filling up..
  • #407,390
  • Jan 28, 2015 4:31am Jan 28, 2015 4:31am
Quoting Darkforce
I might be crazy, but since FOMC comes on Wednesday and we have 3.5 trading days left for this month, will cable fully retrace this monthly bar opened at 1.5578 and form a doji or pin? We are sitting on 2013 low, and it would be quite a bit of fun for trading of the rest of this year if this scenario happens! {image}
I agree with you Darkforce depending on the FOMC meeting. At the moment it's running for historical 7 month bull for the Dollar Index. Has not tested to around the 1.550 area so definitely possible. I think 1.550 is a good target for longs. Especially if it breaks the swing at 526 we could see a spike up. (all dependent on the Fed)
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  • #407,391
  • Jan 28, 2015 4:53am Jan 28, 2015 4:53am
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dont like it here could drop out .
  • #407,392
  • Jan 28, 2015 5:03am Jan 28, 2015 5:03am
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gap,,strange big move ???
  • #407,393
  • Jan 28, 2015 5:10am Jan 28, 2015 5:10am
When short on cable price failed to break and close higher the structure and on the second attempt made a Double Top - for s/l and t/p see here

http://myforexuniverse.com/wp-conten...h-Jan-2015.png
  • #407,394
  • Jan 28, 2015 5:15am Jan 28, 2015 5:15am
GBPUSD is testing an important resistance level, near 1.5220, a sustained break can fuel the pair's rally towards 1.5360 in the immediate up-move.
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  • #407,395
  • Jan 28, 2015 5:29am Jan 28, 2015 5:29am
long again 5192 close gap on the 5 min
  • #407,396
  • Jan 28, 2015 5:38am Jan 28, 2015 5:38am
but today the Fed probably better to wait for what is happening will then later a speech the Bank of England, Carney
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  • #407,397
  • Jan 28, 2015 5:46am Jan 28, 2015 5:46am
sell ...
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Money is made by sitting, not trading. Jesse L. Livermore
  • #407,398
  • Jan 28, 2015 6:29am Jan 28, 2015 6:29am
Quoting Dano12
but today the Fed probably better to wait for what is happening will then later a speech the Bank of England, Carney {image}
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will it clear the doji
  • #407,399
  • Jan 28, 2015 6:54am Jan 28, 2015 6:54am
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  • #407,400
  • Jan 28, 2015 7:09am Jan 28, 2015 7:09am
Quoting Dano12
{image}
5113 was the biggest hurdle will it retest it
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