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Cable Update (GBPUSD)

  • #417,681
  • Jul 29, 2015 4:49am Jul 29, 2015 4:49am
Quoting mrfigure
{quote} Hi Dano, my apologies but I do not understand what your saying with your chart ?

If you break the resistance of the two target

4th time if you do not break it again game to support
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD_H1.gif Size: 219 KB
  • #417,682
  • Jul 29, 2015 4:58am Jul 29, 2015 4:58am
Quoting Dano12
{quote} If you break the resistance of the two target 4th time if you do not break it again game to support {image}
I see, yes I agree with you Dano, a 4th failure at the identified resistance area would trigger a significant fall, but at the moment I don't see any reason for the current 15 minute trend to be broken and I fully expect price to test the 15,660 area
  • #417,683
  • Jul 29, 2015 5:29am Jul 29, 2015 5:29am
break resistance could be on my above chart 4 hour, then sell ? reading before that traders where getting out of longs, but never take on board all that you read, just hold as a mental note,
  • #417,684
  • Jul 29, 2015 6:01am Jul 29, 2015 6:01am
Wait here is the Resistance before NY open then real rally will start at the time of FOMC, this force may bring to 5670
Attached Image (click to enlarge)
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  • #417,685
  • Jul 29, 2015 6:10am Jul 29, 2015 6:10am
Quoting GrowthHack
Wait here is the Resistance before NY open then real rally will start at the time of FOMC, this force may bring to 5670 {image}
Agreed, there is logic behind such a move, 15,700 early august couldn't be ruled out.
  • #417,686
  • Jul 29, 2015 6:12am Jul 29, 2015 6:12am
Quoting GrowthHack
Wait here is the Resistance before NY open then real rally will start at the time of FOMC, this force may bring to 5670 {image}
Whats your thoughts on a usd/jpy fall then from the FOMC ?
  • #417,687
  • Jul 29, 2015 6:26am Jul 29, 2015 6:26am
Quoting mrfigure
{quote} I see, yes I agree with you Dano, a 4th failure at the identified resistance area would trigger a significant fall, but at the moment I don't see any reason for the current 15 minute trend to be broken and I fully expect price to test the 15,660 area
gbp jpy
Attached Image (click to enlarge)
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  • #417,688
  • Jul 29, 2015 6:58am Jul 29, 2015 6:58am
Quoting Kajos2250
{quote} GU D1 GMT+2 Previous bullish belt hold 50% retrace in the game, let us see! Maybe rising three methon can be created. Buy stop .5620, do the high! Good luck! {image}
GU D1 GMT+2

Rising three method and belt hold failed, but the buy stop triggered.
Add another one buy stop .5670, let us give a chance for breaking higher, toward YPP ~6000

Good luck
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusddaily.png Size: 58 KB
Anything is math!
  • #417,689
  • Jul 29, 2015 7:53am Jul 29, 2015 7:53am
Quoting tashkent
{quote} holding the longs. added one more. total 5 positions. {image}
slow but steady in the right direction. original target is still valid
As Above, So Below
  • #417,690
  • Jul 29, 2015 8:01am Jul 29, 2015 8:01am
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD_H4.gif Size: 211 KB
  • #417,691
  • Jul 29, 2015 8:02am Jul 29, 2015 8:02am
So 1,5670 is it coming ))))
MMMYYYKKK
  • #417,692
  • Jul 29, 2015 8:05am Jul 29, 2015 8:05am
Attached Image (click to enlarge)
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buyers there expecting sell off, rsi 72 on my 4 hour
  • #417,693
  • Jul 29, 2015 8:13am Jul 29, 2015 8:13am
watch last r/s now fail then 5600
  • #417,694
  • Jul 29, 2015 8:20am Jul 29, 2015 8:20am
Pending order Short @ 1.5670
  • #417,695
  • Jul 29, 2015 8:52am Jul 29, 2015 8:52am
Quoting kingofmicro
stoput and new target {image}
hit target. now wait and see
Attached Image (click to enlarge)
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  • #417,696
  • Jul 29, 2015 9:03am Jul 29, 2015 9:03am
Quoting Kajos2250
{quote} GU D1 GMT+2 Rising three method and belt hold failed, but the buy stop triggered. Add another one buy stop .5670, let us give a chance for breaking higher, toward YPP ~6000 Good luck {image}
Buy stop triggered, previous got BE...
Anything is math!
  • #417,697
  • Jul 29, 2015 9:04am Jul 29, 2015 9:04am
It is the option that I will do big boy only hunt SL
  • #417,698
  • Jul 29, 2015 9:05am Jul 29, 2015 9:05am
clear, plain and simple.
Attached Image
As Above, So Below
  • #417,699
  • Jul 29, 2015 9:07am Jul 29, 2015 9:07am
Quoting tashkent
clear, plain and simple. {image}
sorry don't understand. it's going to break out higher?
  • #417,700
  • Jul 29, 2015 9:18am Jul 29, 2015 9:18am
Quoting nixdem
{quote} sorry don't understand. it's going to break out higher?
it will look like this if you put a few stupid lines across the chart

yes, i have been speculating it will go up since 1.55 and longs at pull backs is the way to go
Attached Image (click to enlarge)
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As Above, So Below
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