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Cable Update (GBPUSD)

  • #417,321
  • Jul 21, 2015 5:13am Jul 21, 2015 5:13am
Quoting Hairi
{quote} Yup. Higher probability, but I'm not long GU atm. But i had Sell order at 1.563
weak cable
  • #417,322
  • Jul 21, 2015 5:14am Jul 21, 2015 5:14am
going north.
  • #417,323
  • Jul 21, 2015 5:17am Jul 21, 2015 5:17am
Quoting Crazy_Guy_Fx
s>m, crsm up... buy mode... hang on... we'll fly... qqqqqqqqqqqqqqqqqq {image}
broke 4 hour support now will it hold and become resistance
  • #417,324
  • Jul 21, 2015 5:21am Jul 21, 2015 5:21am
maybe even in the triangle E
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  • #417,325
  • Jul 21, 2015 5:22am Jul 21, 2015 5:22am
rebound - buying the stops below yesterday's low ?...price now at bottom of that former 4hr swing lo zone...and in the same deeper minor daily swing hi zone at it's lowest point today so far....

best wishes
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it's all gone a bit........
  • #417,326
  • Jul 21, 2015 5:28am Jul 21, 2015 5:28am
Quoting Dano12
maybe even in the triangle E {image}
4 hour candles have all closed above 5556, lets see where this will
  • #417,327
  • Jul 21, 2015 5:30am Jul 21, 2015 5:30am
nice 30min pinbar close...how strong is the rebound - price at 1hr former support possible resistance now from underneath ?

best wishes
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it's all gone a bit........
  • #417,328
  • Jul 21, 2015 5:35am Jul 21, 2015 5:35am
Quoting elbert3
{quote} 4 hour candles have all closed above 5556, lets see where this will
:nerd:
Attached Image(s) (click to enlarge)
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  • #417,329
  • Jul 21, 2015 5:45am Jul 21, 2015 5:45am
my downward target area in green.
Pending buy GU at 1.5485
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  • #417,330
  • Jul 21, 2015 5:46am Jul 21, 2015 5:46am
Quoting Dano12
{quote} :nerd: {image} {image}
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watch 5536/7 ??
  • #417,331
  • Edited 6:15am Jul 21, 2015 5:59am | Edited 6:15am
Overall, 4hr looks rangy still, 1hr more bearish than bullish in this moment and daily - hard to say overall but recently more bearish than bullish obviously, weekly still looks more bullish than bearish ?

4hr below shows 61.8% of the main move up from 5328-5674 and if this goes the bulls may quit the fight? I would think there are stops under that former 4hr/minor daily swing low just below that 61.8% fib ?

Best wishes.
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it's all gone a bit........
  • #417,332
  • Jul 21, 2015 6:18am Jul 21, 2015 6:18am
going up?
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And falling's just another way to fly...
  • #417,333
  • Jul 21, 2015 6:25am Jul 21, 2015 6:25am
Remember, bullish is slow steady coupled with volatility.

Bearish is rapid and forceful.
  • #417,334
  • Jul 21, 2015 6:29am Jul 21, 2015 6:29am
Quoting arinforex
Remember, bullish is slow steady coupled with volatility. Bearish is rapid and forceful.
where do you get them from lol ?...both directions can be both of the things you describe...you are obviously long lol !?

best wishes
it's all gone a bit........
  • #417,335
  • Jul 21, 2015 6:32am Jul 21, 2015 6:32am
Quoting petetong
{quote} where do you get them from lol ?...both directions can be both of the things you describe...you are obviously long lol !? best wishes

Hahaha. Depends on your timeframe mate.
  • #417,336
  • Jul 21, 2015 7:00am Jul 21, 2015 7:00am
Quoting petetong
{quote} where do you get them from lol ?...both directions can be both of the things you describe...you are obviously long lol !? best wishes

Once we have 1 bullish Daily candle, u are game over. Haha
  • #417,337
  • Edited 7:25am Jul 21, 2015 7:14am | Edited 7:25am
Quoting elbert3
{quote} {image} watch 5536/7 ??
took 36 long see no if it holds up short might be 5567 ish
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sorry i put wrong numbers in
  • #417,338
  • Jul 21, 2015 7:27am Jul 21, 2015 7:27am
Quoting arinforex
Remember, bullish is slow steady coupled with volatility. Bearish is rapid and forceful.
i like rapid and forceful ?? lol
  • #417,339
  • Jul 21, 2015 7:37am Jul 21, 2015 7:37am
Quoting arinforex
{quote} Once we have 1 bullish Daily candle, u are game over. Haha
As I am flat now (no position ) that might be quite hard lol !..good luck with your trade long.

best wishes
it's all gone a bit........
  • #417,340
  • Jul 21, 2015 7:52am Jul 21, 2015 7:52am
Quoting Hairi
still bias downward, to break the trendline. Had pending short order at 1.563 (green area) {image}
Totally agree with you.
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