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Cable Update (GBPUSD)

  • #420,361
  • Oct 13, 2015 7:55am Oct 13, 2015 7:55am
Quoting skyhok
Resumption of downtrend on a wave [v] looks confirmed .......... this time. {image}
Agreed. Not trading GU or following too closely but, still seems on track to me as of now.

Quoting albchr
{quote} Could be but, don't know if I'd be counting those monthly chickens ... just yet. {image} {image} {image}
Like to see a daily take out 1.51514 as sort of a ... nail in the coffin type of thing.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDiDaily.png Size: 70 KB
Ghost Rider - WWTBMD?
  • #420,362
  • Oct 13, 2015 8:06am Oct 13, 2015 8:06am
Attached Image (click to enlarge)
Click to Enlarge Name: 1.png Size: 47 KB
look at fridays plan same targets number 3 , sorry but i have people here ,,
  • #420,363
  • Oct 13, 2015 8:09am Oct 13, 2015 8:09am
Quoting edyraper
{quote} {quote} changing my mind booking 50% here @5350 . ''thinking'' to reverse and start shorting .
longing again . here @5215 . will add more if it goes lower
  • #420,364
  • Oct 13, 2015 8:33am Oct 13, 2015 8:33am
Quoting a16908
{quote} Why will it go up to 1.5400 from here, can you please share.
we cannot break 1,5107. then we would go towards 1,50. if we don´t break it, then small supports can be seen at 1,5180 , 1,5200 and 1,5240.

therefore added another long at 1,5200. tp 1,5350 sl 1,5177
  • #420,365
  • Oct 13, 2015 8:36am Oct 13, 2015 8:36am
Quoting healer23
{quote} Good, I just hope as many traders can see this post. We have another excellent opportunity it might take some time but market just officially turned trend on GBPUSD . Thisis the exactly entry and stop scenerio ENTRY NOW (between 1.5220-1.5290) TAKE PROFIT 1.5155 STOP 1.5349 DURATION MAX TWO WEEKS Wish you success note you would be able to sell take profit and re-enter many times on this trade.
I hope many of you guys saw this earlier post if you did you should be plus 50pips now. i sorry i didnt drop the GJ sell levels you would have had another 50PIPS again any way you take your 50pips wait for a little buying then enter selling again remember we still have another 50PIPS down to collect.but expect some retracement up. GJ seems to have another 100pips fall coming but i need to analysis it well before given you the details. wish you more success.
  • #420,366
  • Oct 13, 2015 8:44am Oct 13, 2015 8:44am
Quoting healer23
{quote} Thanks so much I would surely lets you know if it works out. I am just trying to help out fellow traders #pounddrop
My dear aeternum if you had followedme you have already collected another pips today anyway my dear friend there is more fall on the way just observed the targets after some retracement.
  • #420,367
  • Oct 13, 2015 8:45am Oct 13, 2015 8:45am
Cable confirmed a nice correction plunging even toward the support line at 1,5200 where expect good support. The drop sent oversold the indicators of the s/t charts showing potential positive reversals. I bought down here at 1,5212.
  • #420,368
  • Oct 13, 2015 8:54am Oct 13, 2015 8:54am
it was on the 8th

Quoting kk300
{quote} a bit late... but probability was not 0% ...
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #420,369
  • Oct 13, 2015 8:57am Oct 13, 2015 8:57am
besides my view is the same

Quoting Bones
gbp is also with bearish trend ,but not as I don't think ,its likely to be picked up {image}
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #420,370
  • Oct 13, 2015 8:59am Oct 13, 2015 8:59am
Quoting NMZee
{quote} Elbert3, we can market your chart as a great remedy for insomnia, it can put ppl to sleep so easily.........just joking, but really what does it say in plain language..??
Hi If you read past posts and read the chart it explains itself,, regards Sleepy
  • #420,371
  • Oct 13, 2015 9:01am Oct 13, 2015 9:01am
Quoting Poocher
{quote} Elbert3 generously speaks volumes to a lot of us with his charts...thanks elbert3!
Thanks ,regards E
  • #420,372
  • Oct 13, 2015 9:09am Oct 13, 2015 9:09am
Quoting Bones
it was on the 8th {quote}
we were talking about the probability... and it never touched 5400 after 8th...
  • #420,373
  • Oct 13, 2015 9:10am Oct 13, 2015 9:10am
Quoting Bones
besides my view is the same {quote}
well. my views are with you now...
  • #420,374
  • Oct 13, 2015 9:13am Oct 13, 2015 9:13am
I only commented on what you said ,nothing more read your words on the 8th

big downside move ahead.. gathered many buyers.. some still holding positions... but it will cover the whole previous two day candles in few hours
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #420,375
  • Oct 13, 2015 9:20am Oct 13, 2015 9:20am
it didn't happen not even nearly
so my probability assessment was spot on
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #420,376
  • Oct 13, 2015 9:24am Oct 13, 2015 9:24am
heres another one my assessment of the down trend continuing down to the lows of the year without seeing a higher number than the last d1 high , say 20 perecent ,
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #420,377
  • Oct 13, 2015 9:41am Oct 13, 2015 9:41am
Quoting Bones
I only commented on what you said ,nothing more read your words on the 8th big downside move ahead.. gathered many buyers.. some still holding positions... but it will cover the whole previous two day candles in few hours
well could be my mistake if i misjudged the timing but still it didnt reach 5450 or 5500.. not even closer...
  • #420,378
  • Oct 13, 2015 9:48am Oct 13, 2015 9:48am
Quoting Bones
heres another one my assessment of the down trend continuing down to the lows of the year without seeing a higher number than the last d1 high , say 20 perecent ,
glad to hear that your views changed...
  • #420,379
  • Oct 13, 2015 10:10am Oct 13, 2015 10:10am
thats pretty low probability ? probably would said same thing last week , well you never said anything about 5450 or 5500 ,you must have thought it

Quoting kk300
{quote} glad to hear that your views changed...
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #420,380
  • Oct 13, 2015 10:22am Oct 13, 2015 10:22am
Quoting edyraper
{quote} longing again . here @5215 . will add more if it goes lower
planning to close whole longs @5260 and trying short up to 5330
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