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Cable Update (GBPUSD)

  • #419,341
  • Sep 11, 2015 9:29am Sep 11, 2015 9:29am
On one hand it feels like there's some unfinished biz at 1.5504, on the other hand the cable rally looks a bit tired and now should be looking for some retracement.

1.5372/5339?
  • #419,342
  • Sep 11, 2015 9:53am Sep 11, 2015 9:53am
Quoting Darkforce
On one hand it feels like there's some unfinished biz at 1.5504, on the other hand the cable rally looks a bit tired and now should be looking for some retracement. 1.5372/5339?
touched 5403 again to the pip so had to take it, if the 4 hour holds out above this we might see a friday afternoon cable special just got tp on 20 ..lets see buy order 21 now like to think that 5403 made false out of that pennant shape to see 5460 again
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  • #419,343
  • Sep 11, 2015 10:15am Sep 11, 2015 10:15am
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come on baby ,,,
  • #419,344
  • Sep 11, 2015 10:21am Sep 11, 2015 10:21am
Dollar index is coming down but cable has no strength for up, What is really going on , market manipulation I suppose ?
With patience and discipline,you move beyond the sky
  • #419,345
  • Sep 11, 2015 10:24am Sep 11, 2015 10:24am
Quoting biodunola07
Dollar index is coming down but cable has no strength for up, What is really going on , market manipulation I suppose ?
as long as they manipulate it the same way as i am going ,lol
  • #419,346
  • Sep 11, 2015 10:38am Sep 11, 2015 10:38am
Quoting elbert3
{quote} as long as they manipulate it the same way as i am going ,lol
Which way are you going, up or down? Going south will be trading against the trend but all the same , there is no strength for moving north as well.i prefer to stay neutral
With patience and discipline,you move beyond the sky
  • #419,347
  • Sep 11, 2015 10:38am Sep 11, 2015 10:38am
Quoting TerpFan2
{quote} Great to see You Dano, I'm right w/you brother... "North" in my book for now, -news or no news. It's also 9-11 for fundies / people who play news or events, etc... Chart- Similar & "Screwy" on my definition of this long = played out A-B-C. Don't quote me on any of my "Hyro-Glyphic's" here Happy Pipping, Jeff Out {image}
you too

yep right about what you write
  • #419,348
  • Sep 11, 2015 10:40am Sep 11, 2015 10:40am
Quoting elbert3
{quote} as long as they manipulate it the same way as i am going ,lol
Lol,
  • #419,349
  • Sep 11, 2015 10:47am Sep 11, 2015 10:47am
I was kinda looking for 5480 ish by the end of the day myself
  • #419,350
  • Sep 11, 2015 10:55am Sep 11, 2015 10:55am
Quoting elbert3
{quote} touched 5403 again to the pip so had to take it, if the 4 hour holds out above this we might see a friday afternoon cable special just got tp on 20 ..lets see buy order 21 now like to think that 5403 made false out of that pennant shape to see 5460 again {image}
1.54 did hold it, but damn the jumps was made by EUR...
  • #419,351
  • Sep 11, 2015 11:05am Sep 11, 2015 11:05am
Quoting Darkforce
{quote} 1.54 did hold it, but damn the jumps was made by EUR...
That was a nice pop on the eur, usd/chf had a nice drop , those two were well behaved today lol
  • #419,352
  • Sep 11, 2015 11:07am Sep 11, 2015 11:07am
Cable is working on it , just a little anemic today, needs a little time
  • #419,353
  • Sep 12, 2015 2:19am Sep 12, 2015 2:19am
Quoting biodunola07
{quote} Which way are you going, up or down? Going south will be trading against the trend but all the same , there is no strength for moving north as well.i prefer to stay neutral
hi sorry i went off last night ,it was wife picking up time and out to dinner, the chart above i left it with tp in the shaded band . and hey ho there it was when i came back
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monday lets see if that 5421 will hold it but i think down to the 200 in green and the tl, so buy order on there for sunday, regards
  • #419,354
  • Sep 12, 2015 2:22am Sep 12, 2015 2:22am
Quoting Dr.Zain
{quote} You Evil Genius!!!!!!
lol , thanks, but the next trade 5367 was 1 pip out at 98, but was in at 5400 anyway, worked out nice for me cable this week yesterday 214 pips , far better than last week, hope your in the black too best regards B
  • #419,355
  • Sep 12, 2015 2:26am Sep 12, 2015 2:26am
Quoting dr.zain
{quote} you evil genius!!!!!!
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no genius dr just the support on the left, so it is hitting resistance now as we see with dragon fly dojis, so plan as buy long as long as 98 holds target 5530 , as thursday flag pattern , gl ,b
  • #419,356
  • Sep 12, 2015 2:48am Sep 12, 2015 2:48am
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gl, have time out now,
  • #419,357
  • Sep 12, 2015 7:48am Sep 12, 2015 7:48am
Quoting elbert3
{image} gl, have time out now,
I doubt we will go there. Check gbp crosses. They are all pointing down. One excellent opportunity is gbp/chf
  • #419,358
  • Sep 12, 2015 12:33pm Sep 12, 2015 12:33pm
Quoting elbert3
{image} gl, have time out now,
i'm thinking down as well, as previous 1.5460 was a good support zone, might is a resistance now as well.
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  • #419,359
  • Sep 12, 2015 12:42pm Sep 12, 2015 12:42pm
Good charting.
  • #419,360
  • Sep 12, 2015 9:14pm Sep 12, 2015 9:14pm
Keeping this sell
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