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Cable Update (GBPUSD)

  • #420,301
  • Oct 12, 2015 3:05am Oct 12, 2015 3:05am
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD_H1.gif Size: 181 KB
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD_H4.gif Size: 186 KB
  • #420,302
  • Oct 12, 2015 5:07am Oct 12, 2015 5:07am
Quoting edyraper
{quote} well I gave up @5240 opened longs the average is 5330 I guess, will close 10% @5400 and let the others run till we can form the top . 1.54-1.55 could be s/r
planing to book 10% @1.54
  • #420,303
  • Oct 12, 2015 6:47am Oct 12, 2015 6:47am
5240??
  • #420,304
  • Oct 12, 2015 7:10am Oct 12, 2015 7:10am
Quoting kk300
5240??
Still in play!!
  • #420,305
  • Oct 12, 2015 10:30am Oct 12, 2015 10:30am
Quoting Abbi11
{quote} Still in play!!
yeah...
  • #420,306
  • Oct 12, 2015 10:35am Oct 12, 2015 10:35am
Quoting edyraper
{quote} well I gave up @5240 opened longs the average is 5330 I guess, will close 10% @5400 and let the others run till we can form the top . 1.54-1.55 could be s/r
Quoting edyraper
{quote} planing to book 10% @1.54
changing my mind booking 50% here @5350 . ''thinking'' to reverse and start shorting .
  • #420,307
  • Oct 12, 2015 10:37am Oct 12, 2015 10:37am
I'm bullish on this pair for the long-term!
  • #420,308
  • Oct 12, 2015 12:31pm Oct 12, 2015 12:31pm
Quoting Dano12
{image}{image}
Since it's a perfect 50% retrace, I like to think it was a C last Friday :-)

No open trade btw. Maybe looking for a short entrance tomorrow UK/EU session.
Attached Image (click to enlarge)
Click to Enlarge Name: $GBPUSD (30 Min) 12-10-2015.jpg Size: 104 KB
  • #420,309
  • Oct 12, 2015 12:46pm Oct 12, 2015 12:46pm
Quoting Vermeer
{quote} Since it's a perfect 50% retrace, I like to think it was a C last Friday :-) No open trade btw. Maybe looking for a short entrance tomorrow UK/EU session. {image}
What's a C?
Indentify > Plan > Accept > Execute
  • #420,310
  • Oct 12, 2015 5:21pm Oct 12, 2015 5:21pm
153 200 close sell
Evaluate buy after london opening
  • #420,311
  • Oct 12, 2015 9:28pm Oct 12, 2015 9:28pm
I think GbpUsd is trying to sell, a break of 1.5298 would confirm this while a break of 1.5259 would mean change in trend to bearish. I you can buy now 1.5315 with stop at 1.5299 that 15pips and take profit at 1.5400 that 85pips small risk big reward cheers to your success
  • #420,312
  • Oct 12, 2015 11:06pm Oct 12, 2015 11:06pm
what the hell is going on
  • #420,313
  • Oct 12, 2015 11:23pm Oct 12, 2015 11:23pm
Quoting ptcl
what the hell is going on
CPI might be printing green figures!!!
  • #420,314
  • Oct 13, 2015 12:07am Oct 13, 2015 12:07am
Quoting Dr.Zain
{quote} CPI might be printing green figures!!!
May be data lick again.
  • #420,315
  • Oct 13, 2015 12:08am Oct 13, 2015 12:08am
Quoting a16908
{quote} May be data lick again.
No, it's E/G.
  • #420,316
  • Oct 13, 2015 12:15am Oct 13, 2015 12:15am
GU all day will be about Mega "beer" deal - SABMiller and ABInbev
  • #420,317
  • Oct 13, 2015 12:17am Oct 13, 2015 12:17am
Quoting wizlon32
{quote} What's a C?
Last wave in a corrective wave according to Elliot Wave Principle, see second chart of Dano12.

With the price action this morning & CPI pending, I prefer to wait although we're now at the 50% line again.
  • #420,318
  • Oct 13, 2015 12:21am Oct 13, 2015 12:21am
Quoting Vermeer
{quote} Last wave in a corrective wave according to Elliot Wave Principle, see second chart of Dano12. With the price action this morning & CPI pending, I prefer to wait although we're now at the 50% line again.
50% is at 1.53800 right?
  • #420,319
  • Oct 13, 2015 12:30am Oct 13, 2015 12:30am
Quoting a16908
{quote} May be data lick again.
Please refer to the following images for the differences between "lick" and "leak".
Attached Images
  • #420,320
  • Oct 13, 2015 12:56am Oct 13, 2015 12:56am
Quoting kostas1
{quote} Please refer to the following images for the differences between "lick" and "leak". {image} {image}
hahaha typo mistake....
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