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Cable Update (GBPUSD)

  • #417,101
  • Jul 13, 2015 6:51am Jul 13, 2015 6:51am
Seems like this pair just hit the resistance line from 19 June. My predictions are that it would continue to drop till the 1.5350 level.
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  • #417,102
  • Jul 13, 2015 6:56am Jul 13, 2015 6:56am
Quoting houtiantan
Seems like this pair just hit the resistance line from 19 June. My predictions are that it would continue to drop till the 1.5350 level. {image}
another way to look at it, retesting support turned resistance on the broken rising wedge...my 2 cents
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  • #417,103
  • Jul 13, 2015 7:11am Jul 13, 2015 7:11am
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  • #417,104
  • Jul 13, 2015 7:25am Jul 13, 2015 7:25am
Not easy..long @ 1.5533 target 15/20 pips - SL 1.5518
  • #417,105
  • Jul 13, 2015 7:35am Jul 13, 2015 7:35am
Quoting SuperMario21
Not easy..long @ 1.5533 target 15/20 pips - SL 1.5518
Closed +8 pips..I have to go....
  • #417,106
  • Edited 9:08am Jul 13, 2015 8:23am | Edited 9:08am
Quoting houtiantan
Seems like this pair just hit the resistance line from 19 June. My predictions are that it would continue to drop till the 1.5350 level. {image}
Very weak departure from the supply/resistance area, couldn't even get to today's low. Taking a long 1.553 with SL 1.549 (under lowest point of today)

Edit: Out/soft exit if UC breaks 1.278. Could even simply switch the position to short

Edit2: Out and just gonna wait for now
  • #417,107
  • Jul 13, 2015 10:26am Jul 13, 2015 10:26am
Quoting edyraper
{quote} and {image}
new
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  • #417,108
  • Jul 13, 2015 12:52pm Jul 13, 2015 12:52pm
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  • #417,109
  • Jul 13, 2015 12:56pm Jul 13, 2015 12:56pm
Quoting Dano12
{image}
Dano Write some thing with the Charts to elaborate Please
  • #417,110
  • Jul 13, 2015 1:18pm Jul 13, 2015 1:18pm
Quoting Dr.Zain
{quote} Dano Write some thing with the Charts to elaborate Please
possible test of the recent lows
but, wait for tomorrow CPI data
now small support and support on EUR USD
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  • #417,111
  • Edited 11:22pm Jul 13, 2015 1:18pm | Edited 11:22pm
GBPUSD long term, now forming a wave [ii] correction on a 5th wave (5) down.
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Elliott Wave for optimum entry, exit and risk management of trades
  • #417,112
  • Jul 13, 2015 5:32pm Jul 13, 2015 5:32pm
Quoting Lalilulelo
{quote} I see, so these gaps, are they applied equally throughout brokers?
I'd say yes, should be. Gaps happens with stocks, futures, commodities as well. They are rather exception & usually not that big..BUT..do you know what's going to happen? Especially over weekends? Keep that in mind.
Markets wispers, just tune in.
  • #417,113
  • Jul 13, 2015 7:05pm Jul 13, 2015 7:05pm
my two cents, thinking short for this daily bar, looks like building for a push lower.
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  • #417,114
  • Jul 13, 2015 7:08pm Jul 13, 2015 7:08pm
Reversal to open long. Price to buy 1.5450 to 1.5500. Tp 1.6000
  • #417,115
  • Jul 14, 2015 12:36am Jul 14, 2015 12:36am
http://www.forexfactory.com/showthre...48#post8380348 morning see posts from other thread
  • #417,116
  • Jul 14, 2015 2:38am Jul 14, 2015 2:38am
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  • #417,117
  • Jul 14, 2015 3:40am Jul 14, 2015 3:40am
push to lows last big boys come on
  • #417,118
  • Jul 14, 2015 3:59am Jul 14, 2015 3:59am
Uk - no inflation apparently !...bids at 50, offers at 80...which will give 1st ?

best wishes.
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it's all gone a bit........
  • #417,119
  • Jul 14, 2015 4:15am Jul 14, 2015 4:15am
that was easy lol...the lower wicks on 1hr gave the clue ? .....on longer t/f's not so much...weekly pinbar last week, daily pinbar (type candles) yesterday. Most commentary I read still saying return to 5200 ! Who knows...5500...then 5520 next reported offers, bids remain at 5450 ?

best wishes
it's all gone a bit........
  • #417,120
  • Jul 14, 2015 4:35am Jul 14, 2015 4:35am
tomorrow labor market data they decide
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