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Cable Update (GBPUSD)

  • #416,961
  • Jul 8, 2015 7:03pm Jul 8, 2015 7:03pm
lets buy gu... ;]
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forex... like it, trade it and manage it... get your profit...!!!
  • #416,962
  • Jul 9, 2015 12:56am Jul 9, 2015 12:56am
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nice see 5 min cross 10/20 will we see 5450
  • #416,963
  • Jul 9, 2015 1:05am Jul 9, 2015 1:05am
pattern ab=cd on the h4

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  • #416,964
  • Jul 9, 2015 1:05am Jul 9, 2015 1:05am
Is it ready to rocket again?
  • #416,965
  • Jul 9, 2015 1:32am Jul 9, 2015 1:32am
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eyes every where
  • #416,966
  • Jul 9, 2015 1:41am Jul 9, 2015 1:41am
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possible 5380 ish then up, ?? long over 5420 to 5450 ?? or back to 5290
  • #416,967
  • Jul 9, 2015 1:43am Jul 9, 2015 1:43am
2nd buy yesterdays low from wall street -
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  • #416,968
  • Jul 9, 2015 1:53am Jul 9, 2015 1:53am
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eur test top tl where now
  • #416,969
  • Jul 9, 2015 1:57am Jul 9, 2015 1:57am
Quoting elbert3
{image}{image}eur test top tl where now
Isn't this group for pound dollar traders - think Euro dollar trading is in another place
  • #416,970
  • Jul 9, 2015 2:12am Jul 9, 2015 2:12am
Quoting Algorerythmn
{quote} Isn't this group for pound dollar traders - think Euro dollar trading is in another place
yes but you often see eur trades as there most times in conjunction ,
  • #416,971
  • Jul 9, 2015 2:14am Jul 9, 2015 2:14am
Quoting elbert3
{quote} yes but you often see eur trades as there most times in conjunction ,
Thanks for the heads up will keep my mouth shut this time
  • #416,972
  • Jul 9, 2015 2:30am Jul 9, 2015 2:30am
It seems quiet here for a traders chat room ? Almost refreshingly welcome.
  • #416,973
  • Jul 9, 2015 2:55am Jul 9, 2015 2:55am
Hi,

Rally bumps it's head on a former swing low, former support turned resistance.....event risk next for this pair is the Boe/Mpc rate/Qe decision at 12noon uk time.

best wishes.
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it's all gone a bit........
  • #416,974
  • Jul 9, 2015 3:11am Jul 9, 2015 3:11am
GBP, in general, not looking good at the moment. Sharp drops across various currencies. Pretty weak though in most currency pairs, it has already hit a key fib retracement mark. Hopefully, a reversal soon.
  • #416,975
  • Jul 9, 2015 3:12am Jul 9, 2015 3:12am
BUY
1.53818
Stake
Stop
([COLOR=#EC174A !important]–[/color]/[COLOR=#0076C0 !important]–[/color])
Guaranteed Stop
Set Trailing Stop
Limit
([COLOR=#EC174A !important]1.5370[/color]/[COLOR=#0076C0 !important]1.54318[/color])P/L £[COLOR=#0076C0 !important]1,050.00[/color]
Hedging
Margin required for trade:
735.00 GBP

gut feeling only tight sl and short , 5450. or 5290 ???
  • #416,976
  • Jul 9, 2015 3:25am Jul 9, 2015 3:25am
Can The mentioned RSI divergence help GBPUSD break short-term descending trend-line? IMHO, it seems NOT.
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  • #416,977
  • Jul 9, 2015 3:26am Jul 9, 2015 3:26am
bit mixed intraday in this moment....50% fib, t/line and former 1hr swing hi at that 5375 area...bids reported there earlier...how much strength has it ?

best wishes
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it's all gone a bit........
  • #416,978
  • Jul 9, 2015 3:29am Jul 9, 2015 3:29am
Quoting Fx_Anil
Can The mentioned RSI divergence help GBPUSD break short-term descending trend-line? IMHO, it seems NOT. {image}
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Hi Anil watching the 4 hour to see if the ? line will support , 5450.5520 big ask need to see 5400 again i have a 5 min chart false pennant breakout at this time, regards
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commission paid so free trade at this time ?? short order on the low
  • #416,979
  • Jul 9, 2015 3:34am Jul 9, 2015 3:34am
Quoting elbert3
{quote} {image} Hi Anil watching the 4 hour to see if the ? line will support , 5450.5520 big ask need to see 5400 again i have a 5 min chart false pennant breakout at this time, regards{image} commission paid so free trade at this time ?? short order on the low
As Always, Good Analysis elbert3. Keep it up
  • #416,980
  • Jul 9, 2015 3:35am Jul 9, 2015 3:35am
Support seems strong on Yesterdays LOW - New York

Yellow arrows non repaint btw and appear on the candle open
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