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Cable Update (GBPUSD)

  • #416,941
  • Jul 8, 2015 5:02am Jul 8, 2015 5:02am
another 1hr pinbar printed...some may still be licking wounds from last one !? potential support turns to resistance areas above on 1hr and 4hr and fibs.

best wishes...
it's all gone a bit........
  • #416,942
  • Jul 8, 2015 5:17am Jul 8, 2015 5:17am
there's the culprit and pinbar killer lol ! how much demand in this daily resistance turned support former swing hi now ?

best wishes
Attached Image (click to enlarge)
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it's all gone a bit........
  • #416,943
  • Jul 8, 2015 5:30am Jul 8, 2015 5:30am
At low - hit bottom of that former daily swing hi zone = potential resistance turned support, also 23.6% extension of yesterday's pip range...bids reported at 5365 too...still feels heavy and still only at 83% today so far of 20 day atr. How heavy is it for rest of this day. Uk govt budget soon. 5350 next reported bids, 5347 is 76.4% 5169-5929with 50% of main 4556-5929 move at 5248

best wishes.
it's all gone a bit........
  • #416,944
  • Jul 8, 2015 5:51am Jul 8, 2015 5:51am
been playing in Mr,S, yard see posts http://www.forexfactory.com/showthre...05#post8370005 http://www.forexfactory.com/showthre...40420&page=118
  • #416,945
  • Jul 8, 2015 8:36am Jul 8, 2015 8:36am
gbp usd done 1,61
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  • #416,946
  • Jul 8, 2015 8:37am Jul 8, 2015 8:37am
Attached Image (click to enlarge)
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  • #416,947
  • Jul 8, 2015 8:48am Jul 8, 2015 8:48am
Quoting Dano12
{image}

Time to pull back lol
  • #416,948
  • Jul 8, 2015 9:05am Jul 8, 2015 9:05am
pullback up up and away
  • #416,949
  • Jul 8, 2015 9:32am Jul 8, 2015 9:32am
5290 i will swap and go long
  • #416,950
  • Jul 8, 2015 9:33am Jul 8, 2015 9:33am
Quoting falconz13
{quote} Time to pull back lol
I do not get long, no signals on Long they made the short TP and now watch what he did when he can issue an on Long still no
  • #416,951
  • Jul 8, 2015 9:52am Jul 8, 2015 9:52am
Finishing wave 5 of 5waiting for the correction to signal Waiting for FOMC Minutes
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  • #416,952
  • Jul 8, 2015 10:08am Jul 8, 2015 10:08am
Quoting Dano12
{quote} I do not get long, no signals on Long they made the short TP and now watch what he did when he can issue an on Long still no
Yup the bear hasn't look tired yet
  • #416,953
  • Jul 8, 2015 10:18am Jul 8, 2015 10:18am
might swap if 5 min cross 1/2 ema could see 5440 ?? waiting
  • #416,954
  • Jul 8, 2015 10:21am Jul 8, 2015 10:21am
I suspect cable is largely ranging, not trending lower.

Also since cable got stuck between Eur and USD amid the Greece drama, a lot of flow driven movements, thus the volatility is a bit high, watching the lower boundaries, 1.53/1.5221 etc.
Attached Image (click to enlarge)
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  • #416,955
  • Jul 8, 2015 10:25am Jul 8, 2015 10:25am
Quoting Darkforce
I suspect cable is largely ranging, not trending lower. Also since cable got stuck between Eur and USD amid the Greece drama, a lot of flow driven movements, thus the volatility is a bit high, watching the lower boundaries, 1.53/1.5221 etc. {image}
if gbj hits 185,900 might see up move on gb been waiting for it
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  • #416,956
  • Jul 8, 2015 10:28am Jul 8, 2015 10:28am
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this morning eur plan
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  • #416,957
  • Jul 8, 2015 10:38am Jul 8, 2015 10:38am
Quoting elbert3
{quote} if gbj hits 185,900 might see up move on gb been waiting for it {image}
Nice one, never trade geppy but with FOMC coming in in less than 3 hours, such technical shouldn't be ignored
  • #416,958
  • Jul 8, 2015 10:38am Jul 8, 2015 10:38am
Placed buy order at 1.5351 now
Forex, awful to watch, AWESOME to play
  • #416,959
  • Jul 8, 2015 12:05pm Jul 8, 2015 12:05pm
FOMC within 1 hour
Attached Image (click to enlarge)
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  • #416,960
  • Jul 8, 2015 12:20pm Jul 8, 2015 12:20pm
Quoting Fx-gtg
{quote} target reached.1.5906 atm Long from 1.5280 closed
1.5332 atm long this again
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