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Cable Update (GBPUSD)

  • #409,881
  • Feb 23, 2015 9:53am Feb 23, 2015 9:53am
im staying short here , will go wiht trend ! is there any reversal , never mind will go with the new trend after confrimation !
  • #409,882
  • Feb 23, 2015 9:54am Feb 23, 2015 9:54am
Quoting Zappa
I think we're just taking easy stops before a big fall. I like how strong this move looks (not so much for my account!), but I like how it is very strong and persistent. I envision a similar move, only much longer-lasting after we bottom out near 1.5020. As I said, I think we're going to see a nasty sell-off very soon to get down to 1.5020. I think traders will remember this strong move and the strong sell-off, and this will entice them to short (only to be stopped out) when we come back up after the anticipated sell-off. (This making any sense?)...

do you think we are not going above 15479 before we touch the 1.50 area you talking about?
  • #409,883
  • Feb 23, 2015 9:56am Feb 23, 2015 9:56am
limit short from 1.54485
  • #409,884
  • Feb 23, 2015 9:58am Feb 23, 2015 9:58am
Quoting Zappa
I think we're just taking easy stops before a big fall. I like how strong this move looks (not so much for my account!), but I like how it is very strong and persistent. I envision a similar move, only much longer-lasting after we bottom out near 1.5020. As I said, I think we're going to see a nasty sell-off very soon to get down to 1.5020. I think traders will remember this strong move and the strong sell-off, and this will entice them to short (only to be stopped out) when we come back up after the anticipated sell-off. (This making any sense?)...
Total sense as in Totally Frank ..
  • #409,885
  • Feb 23, 2015 10:01am Feb 23, 2015 10:01am
Quoting cspip
EURGBP down to 0.7321 ish.............and GU can still go to 1.5464.......then its either 1.5606 or 1.5183.......
1.5469 even........
  • #409,886
  • Feb 23, 2015 10:06am Feb 23, 2015 10:06am
is there a possibility that we are going to form the right shoulder? or am i saying Bulls..t?
  • #409,887
  • Feb 23, 2015 10:07am Feb 23, 2015 10:07am
Quoting danndc
{quote} do you think we are not going above 15479 before we touch the 1.50 area you talking about?
If we do, consider my stop as taken!
  • #409,888
  • Feb 23, 2015 10:08am Feb 23, 2015 10:08am
Quoting Spudforex
{quote} Total sense as in Totally Frank ..
Glad it made sense to somebody!

And man, I gotta be careful trading against you! Tell me your short now, please.
  • #409,889
  • Feb 23, 2015 10:12am Feb 23, 2015 10:12am
Today I have made many mistakes due to indicipline not following the system.
Hope I can close gu and gj with BE or small profit.
  • #409,890
  • Feb 23, 2015 10:13am Feb 23, 2015 10:13am
Quoting Zappa
{quote} Glad it made sense to somebody! And man, I gotta be careful trading against you! Tell me your short now, please.
Not yet Hombre ..
Have 3 levels
approach zone
enter zone
and confirm ..

End of wall st might have an in the sell zone close for the day ..
Spud

but then nothings certain right ..
could be sooner ..
  • #409,891
  • Feb 23, 2015 10:23am Feb 23, 2015 10:23am
Quoting Spudforex
{quote} Not yet Hombre .. Have 3 levels approach zone enter zone and confirm .. End of wall st might have an in the sell zone close for the day .. Spud but then nothings certain right .. could be sooner ..
cheeky 5486 tp ?? then short or 5508 better
  • #409,892
  • Feb 23, 2015 10:24am Feb 23, 2015 10:24am
Hmmmm.. what's up with the cable rally? Just shorted some 5455
  • #409,893
  • Feb 23, 2015 10:24am Feb 23, 2015 10:24am
Quoting elbert3
{quote} cheeky 5486 tp ?? then short
u doing a fibs there on that price E..
  • #409,894
  • Feb 23, 2015 10:28am Feb 23, 2015 10:28am
Quoting andoseg2
Potential long : {image}
Nice move

Attached Image (click to enlarge)
Click to Enlarge Name: ggg.png Size: 45 KB
Money moves the market, not an indicator.
  • #409,895
  • Feb 23, 2015 10:30am Feb 23, 2015 10:30am
Looks like a bearish rally to me, could certainly go on though, no SL, not worried, trend still down.
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2015-02-23 at 9.29.10 AM.png Size: 149 KB
  • #409,896
  • Feb 23, 2015 10:30am Feb 23, 2015 10:30am
Quoting cspip
EURGBP down to 0.7321 ish.............and GU can still go to 1.5464.......then its either 1.5606 or 1.5183.......
right on the 1.5464........can still do 1.5470 ish
  • #409,897
  • Feb 23, 2015 10:34am Feb 23, 2015 10:34am
Typical confuse/fool people type move on GBP lately, not buying it, give it a few days/weeks and see the bloodshed that returns
  • #409,898
  • Edited 11:09am Feb 23, 2015 10:35am | Edited 11:09am
Quoting Ck87
Typical confuse/fool people type move on GBP lately, not buying it, give it a few days/weeks and see the bloodshed that returns
I wasn't confused.........been saying it will go up for the last 2 hours......
  • #409,899
  • Feb 23, 2015 10:36am Feb 23, 2015 10:36am
any explaination on why it moves up that fast ?
  • #409,900
  • Feb 23, 2015 10:36am Feb 23, 2015 10:36am
Quoting cspip
EURGBP down to 0.7321 ish.............and GU can still go to 1.5464.......then its either 1.5606 or 1.5183.......
Oh and EURGBP nearly at 0.7321.....
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