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Cable Update (GBPUSD)

  • #416,721
  • Jun 24, 2015 12:36pm Jun 24, 2015 12:36pm
Quoting claudia1
{quote} It's a support area. Unlikely to fall much more adr hit & London closed. {image}
Yes you are correct it was my mistake, its Support
  • #416,722
  • Jun 24, 2015 2:20pm Jun 24, 2015 2:20pm
If this isn't a CLEAR signal for short gbpusd...after sl hunters 1.57072

Tg. 1.4800

Every time RESISTANCE (1.57072) broken, i will go short.
  • #416,723
  • Jun 24, 2015 6:53pm Jun 24, 2015 6:53pm
Personally, I am planning to go on another round of shorting for the day with 1.5580 in my mind. Just a plan, though am holding 3 previous shorts. :nerd:
  • #416,724
  • Jun 24, 2015 8:17pm Jun 24, 2015 8:17pm
Enterd the shorts @ 1.5698. Catch ya all after 10 hours. Best of luck to everyone.
  • #416,725
  • Jun 24, 2015 10:28pm Jun 24, 2015 10:28pm
Quoting alexpi
{quote} Grabbed a short from 1H 20 EMA upward cross/15m h&s yesterday I'm revising my statement from yesterday. Even if it breaks below 1.568 it will most likely be a bear trap as price will drop into the Daily demand at 1.565/4 Price has overcome the 1.53/54 flip zone and is now reacting to the 1.58/59 flip zone for a 7th week in a row, but 1.53/54 is a monthly flip zone while this is weekly. There is just too much upward momentum to build a short at this spot. Here are some charts for a change {image} {image} {image}
Still acting on this scenario
  • #416,726
  • Jun 24, 2015 11:12pm Jun 24, 2015 11:12pm
will gu reach 1.55250? let's c...
Attached Image (click to enlarge)
Click to Enlarge Name: gu.png Size: 143 KB
forex... like it, trade it and manage it... get your profit...!!!
  • #416,727
  • Edited 2:01am Jun 25, 2015 1:39am | Edited 2:01am
Quoting fontu
ok pa playing , break 5762 and or 5800 for 5834 limit or 5867 to 59++ play again \top play . or go further down if unable break the first level but next may to come back for 5760 bo upside for all same levels up. By the time writing the lowest level breaks & so next 5800 to see breaks & hold or not. failure here can lead towards 5553 level though. At the same time eu may to correct with limit up for down 1.1292 more towards 1.1080\100\1.0877 before the target immediate up 1.1532 if success soon. so gu can fail breaks up this time at 5800\5833 Take...
So 5800 failure ok for more down signal confirmation again.3rd daily ranging as expected & 4th can do so more or less & next play should be OK for 5553\5453 limits ( that is can bounce easily any over them to the top again ) to even 5290. Not so straight again perhaps. correction up also likely when this present leg down end before continuation for limits . Take care ,strong bull still active !!
fontu
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: GBPUSDH4.png Size: 51 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #416,728
  • Jun 25, 2015 2:20am Jun 25, 2015 2:20am
Don't whether i'm on the right side or not, but IMHO, the GBPUSD signals a better opportunity to SELL.
Attached Image (click to enlarge)
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  • #416,729
  • Jun 25, 2015 2:24am Jun 25, 2015 2:24am
Nice spike for nothing.
  • #416,730
  • Jun 25, 2015 2:29am Jun 25, 2015 2:29am
Sell the every spikes Dragon pair as well
  • #416,731
  • Edited 2:46am Jun 25, 2015 2:31am | Edited 2:46am
Quoting gstup
Nice spike for nothing.
Hedged my short for 13 pips on the reverse h&s on 5min. Could have taken more but got out at 5706.

Personally I'm still not comfortable with hedge trades but having larger SL gaps and hedging with a tight stop on 5/15M signals is definitely worth it rather than tightening SLs of the main position and hoping they don't get hit. You could consider this
  • #416,732
  • Jun 25, 2015 3:03am Jun 25, 2015 3:03am
The spike on GBP all due to the London Open... Just for nothing.. Huhuhu..
Luckily all my sells were closed before that in profits 15pips each..
  • #416,733
  • Jun 25, 2015 3:08am Jun 25, 2015 3:08am
Quoting Fx_Anil
Don't whether i'm on the right side or not, but IMHO, the GBPUSD signals a better opportunity to SELL. {image}
Good Morning Anil
we ave this look on the 1 hour ,price is trying to trade under all emas now last one is that green 200 , but will it false out , have to watch in case 5750 are is a possible break into longs,
Attached Image (click to enlarge)
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on the 4 hour
Attached Image (click to enlarge)
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10/20/50. emas gone and needs to stay under 50 in yellow. 100 amd 200 below , which if it does go short here that will take us to the 20 ema on the day which is long trend still ,, so bounce areas 5750 possible long,above, or short to 5607/5570 ,, regards B
  • #416,734
  • Jun 25, 2015 3:11am Jun 25, 2015 3:11am
Quoting Fx_Anil
Don't whether i'm on the right side or not, but IMHO, the GBPUSD signals a better opportunity to SELL. {image}
5 min chart
Attached Image (click to enlarge)
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  • #416,735
  • Jun 25, 2015 3:15am Jun 25, 2015 3:15am
Quoting Fx_Anil
Don't whether i'm on the right side or not, but IMHO, the GBPUSD signals a better opportunity to SELL. {image}
Eur out look from Mr S thread http://www.forexfactory.com/showthre...59#post8345459
  • #416,736
  • Jun 25, 2015 3:21am Jun 25, 2015 3:21am
Quoting elbert3
{quote} Good Morning Anil we ave this look on the 1 hour ,price is trying to trade under all emas now last one is that green 200 , but will it false out , have to watch in case 5750 are is a possible break into longs, {image} on the 4 hour{image} 10/20/50. emas gone and needs to stay under 50 in yellow. 100 amd 200 below , which if it does go short here that will take us to the 20 ema on the day which is long trend still ,, so bounce areas 5750 possible long,above, or short to 5607/5570 ,, regards B
Yes Elbert3,

A break of 1.5750 could become decisive to determine immediate moves of the GBPUSD while downside targeting of 1.5600 & 1.5570 are quick supports.

Appreciable Analysis...
  • #416,737
  • Jun 25, 2015 4:25am Jun 25, 2015 4:25am
Attached Image (click to enlarge)
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  • #416,738
  • Jun 25, 2015 5:22am Jun 25, 2015 5:22am
rumors rumors
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  • #416,739
  • Jun 25, 2015 5:26am Jun 25, 2015 5:26am
Quoting Dano12
rumors rumors {image}
What rumor is it Dano?
  • #416,740
  • Jun 25, 2015 5:29am Jun 25, 2015 5:29am
Quoting falconz13
{quote} What rumor is it Dano?

EU USD Lots of confusion,don't trust anything from unnamed officials .... *INSTITUTION DOCUMENTS NOT ACCEPTED BY GREEKS: EU OFFICIAL ^KB
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