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Cable Update (GBPUSD)

  • #410,101
  • Feb 24, 2015 6:33pm Feb 24, 2015 6:33pm
will go long on 1.5405
  • #410,102
  • Feb 24, 2015 6:42pm Feb 24, 2015 6:42pm
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Never follow/blame others,Patience is the key skill for Succesfull trading.
  • #410,103
  • Feb 24, 2015 7:56pm Feb 24, 2015 7:56pm
Waiting for a huge liquidation before Carney speech.
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Never follow/blame others,Patience is the key skill for Succesfull trading.
  • #410,104
  • Edited 11:55pm Feb 24, 2015 9:35pm | Edited 11:55pm
Quoting elbert3
{quote} good luck you have played it well, regards E
GA long from 1.9620, will add if it falls further. Stop 1.9570.
Intraday only.
  • #410,105
  • Feb 24, 2015 10:10pm Feb 24, 2015 10:10pm
https://charts.mql5.com/7/102/gbpusd...ts-limited.png

before BOE Gov Carney Speaks when london open it may test 1.5400
  • #410,106
  • Edited 10:27pm Feb 24, 2015 10:15pm | Edited 10:27pm
Quoting GrowthHack
{image} before BOE Gov Carney Speaks when london open it may test 1.5400
That'll be alittle drastic a move without any reason aint it.
Though we are seeing a wedge forming at a top, should see it break out of the wedge either ways soon.
Luck shines on the positive.
  • #410,107
  • Feb 24, 2015 10:19pm Feb 24, 2015 10:19pm
If today it turns to be too bearish, I'll short GBP...
Jias...
  • #410,108
  • Feb 24, 2015 10:31pm Feb 24, 2015 10:31pm
Quoting GrowthHack
{image} before BOE Gov Carney Speaks when london open it may test 1.5400
I hope so. I have short position 1.5450 and 1.5476. aiming for 1.5400.
Seems like 1.5479 is hold.
  • #410,109
  • Feb 24, 2015 10:36pm Feb 24, 2015 10:36pm
Didn't realize multiple dojis (4 and counting) 1hr chart dollar index. Last time that happened we had some pretty big movements following that.
Luck shines on the positive.
  • #410,110
  • Feb 24, 2015 10:38pm Feb 24, 2015 10:38pm
Quoting YvetteTeo
{quote} That'll be alittle drastic a move without any reason aint it. Though we are seeing a wedge forming at a top, should see it break out of the wedge either ways soon.
to form double top first taget at 1.5444 then 1.5100 or stay at 1.5500 in top side i think

https://charts.mql5.com/7/102/gbpusd...-limited-2.png
  • #410,111
  • Feb 24, 2015 10:48pm Feb 24, 2015 10:48pm
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it has to give in , sooooon
  • #410,112
  • Feb 24, 2015 10:49pm Feb 24, 2015 10:49pm
Quoting GrowthHack
{quote} to form double top first taget at 1.5444 then 1.5100 or stay at 1.5500 in top side i think {image}
Those lines
Luck shines on the positive.
  • #410,113
  • Feb 24, 2015 10:52pm Feb 24, 2015 10:52pm
there is possible 1.5500 look red line or below side marked

https://charts.mql5.com/7/102/gbpusd...-limited-3.png
  • #410,114
  • Feb 24, 2015 10:56pm Feb 24, 2015 10:56pm
Quoting GrowthHack
there is possible 1.5500 look red line or below side marked {image}
this has to be the one
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Click to Enlarge Name: 1.png Size: 64 KB
  • #410,115
  • Feb 24, 2015 10:56pm Feb 24, 2015 10:56pm
Quoting GrowthHack
there is possible 1.5500 look red line or below side marked {image}
Actually this shows a clear uptrend and it is better to be long on this and it will eventually test the the line at the top.

However, I am heavily short. from 1.5450... 1.55 would stop me out.

And it did break 1.5480 as we speak.
  • #410,116
  • Feb 24, 2015 10:57pm Feb 24, 2015 10:57pm
Quoting elbert3
{quote} this has to be the one{image}
155 200 and this move has just given the whole game away .. why Higher ? lol
Coffee and morning stuff .. know what i mean E..
  • #410,117
  • Feb 24, 2015 10:58pm Feb 24, 2015 10:58pm
qwwww just in time,,early bird
  • #410,118
  • Feb 24, 2015 11:14pm Feb 24, 2015 11:14pm
GU bounced and broken the long standing barrier of 5480,, would it stays there for some time?
  • #410,119
  • Feb 24, 2015 11:16pm Feb 24, 2015 11:16pm
Quoting elbert3
qwwww just in time,,early bird
Lol, the early bird was back about at 1.5, We are tantalizing close to the quarterly open and the 200 sma on the daily, I had an original goal of the 618 extension taken from the bottom range , definitely lightened the load some there but now holding a few to see if we can get back to where the quarter started . Good luck all
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  • #410,120
  • Feb 24, 2015 11:22pm Feb 24, 2015 11:22pm
1.5550 is good place to start trade, that would be good if it happen before london open

https://charts.mql5.com/7/103/gbpusd...ts-limited.png
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