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Cable Update (GBPUSD)

  • #418,221
  • Aug 12, 2015 10:35am Aug 12, 2015 10:35am
Finished on this pair for today. Good luck guys.
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  • #418,222
  • Aug 12, 2015 4:08pm Aug 12, 2015 4:08pm
I'm not satisfied that it's a true break yet, going to sit on the sideline a bit with this pair.
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  • #418,223
  • Aug 12, 2015 7:47pm Aug 12, 2015 7:47pm
GU 4H
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  • #418,224
  • Aug 13, 2015 2:46am Aug 13, 2015 2:46am
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morning still looking at 5580 below that the tl you see and possible 5410 or 5860 area at this time usa news later
  • #418,225
  • Aug 13, 2015 2:50am Aug 13, 2015 2:50am
good morning friends,
today gu bearish, green pips waiting us
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  • #418,226
  • Aug 13, 2015 2:55am Aug 13, 2015 2:55am
even you can hold sell gu for long, that's simply because daily bearish is still strong
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  • #418,227
  • Aug 13, 2015 3:01am Aug 13, 2015 3:01am
I do expect a false break above today's Asian highs. Will wait for a reversal pattern to go short.
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  • #418,228
  • Aug 13, 2015 3:09am Aug 13, 2015 3:09am
Quoting fxghost
I do expect a false break above today's Asian highs. Will wait for a reversal pattern to go short. {image}
You should be watching out for a false move south to go long on the break
  • #418,229
  • Aug 13, 2015 3:12am Aug 13, 2015 3:12am
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posted this cart a few times now/s/r on the top and bottom dojis this is making the trading safe in the middle range depending on your day scalping stop loss , at this time we have another 10/20 ema cross so for me 5580 is the 10 ema so bounce there to carry on long to 600 area 5824 is res, 5417 is sup,,
  • #418,230
  • Aug 13, 2015 3:13am Aug 13, 2015 3:13am
Quoting Makavell
{quote} You should be watching out for a false move south to go long on the break
Maybe. There has been direction up for a few days, but price would always stall when it neared 1.5670 or something in the last couple of weeks.
  • #418,231
  • Aug 13, 2015 3:13am Aug 13, 2015 3:13am
Quoting Makavell
{quote} You should be watching out for a false move south to go long on the break
we see the possible same ,,regards e
  • #418,232
  • Aug 13, 2015 3:15am Aug 13, 2015 3:15am
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sup on the bottom of that cross tl for me
  • #418,233
  • Aug 13, 2015 3:27am Aug 13, 2015 3:27am
Quoting Mr. Scott
{quote} Happy birthday B! Wish I had cool GU birthday chart but this one
Morning Captain,,this morning email for gu . any body want to see others please ask ,,regards B

The inescapable impression is that the BoE is in no rush to raise rates and sterling should resign itself to the likelihood that the BoE will only move on rates six months after the Fed, so February as opposed to September for the Fed. One can argue that since a November hike was only 30% discounted in Sonia that this shouldn’t be too negative a surprise for sterling.’’

Bullish above 1.5600/5575
Market Price: 1.5614
Preferred case: bullish with support at 1.5600/5575 support. Rise expected to 1.5700, max 1.5775
Key elements on an hourly basis: MACD remains positive
Alternative case: if 1.5600/5575 broken, drop to intermediate support at 1.5430
1to 3 week view: Good conviction: Preferred case: Bullish 1.5380/5285 support, breaking 1.5700, rise expected to 1.5940, max 1.6100.
  • #418,234
  • Aug 13, 2015 3:33am Aug 13, 2015 3:33am
It's peaking. It will go to 1.5530 today. Retail sales could be the factor to push it down, or it will go there before American session. Anyway, the path of least resistance is down.
  • #418,235
  • Aug 13, 2015 3:45am Aug 13, 2015 3:45am
Quoting fxghost
It's peaking. It will go to 1.5530 today. Retail sales could be the factor to push it down, or it will go there before American session. Anyway, the path of least resistance is down.
  • #418,236
  • Aug 13, 2015 3:46am Aug 13, 2015 3:46am
Closing of this 15m candle's doesn't mean anything ?
  • #418,237
  • Aug 13, 2015 3:46am Aug 13, 2015 3:46am
MEMBER BANNED.

Please all members will you read the terms and conditions for this community.

TWEE
  • #418,238
  • Aug 13, 2015 3:47am Aug 13, 2015 3:47am
maybe - zigzag if better data from the US
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  • #418,239
  • Aug 13, 2015 3:51am Aug 13, 2015 3:51am
Quoting Algorerythmn
MEMBER BANNED. Please all members will you read the terms and conditions for this community. TWEE
  • #418,240
  • Aug 13, 2015 4:04am Aug 13, 2015 4:04am
Simple break and retest of upper trend line? Aggressive longs - this is the best price you're going to get for a while. If it's a false break out, same applies to aggressive shorts?

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Gone to a better place
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