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Cable Update (GBPUSD)

  • #420,641
  • Oct 21, 2015 4:02am Oct 21, 2015 4:02am
res. at 5445 and 5437 holds so should roll down the hill now.
  • #420,642
  • Oct 21, 2015 4:13am Oct 21, 2015 4:13am
Freaken thing is moving the wrong way again
  • #420,643
  • Oct 21, 2015 4:15am Oct 21, 2015 4:15am
Quoting davinci15
res. at 5445 and 5437 holds so should roll down the hill now.

Are you sure?
  • #420,644
  • Oct 21, 2015 4:21am Oct 21, 2015 4:21am
ok hedge here , 5458, lets see if this is now resistance ,
  • #420,645
  • Oct 21, 2015 4:26am Oct 21, 2015 4:26am
Quoting gstup
{quote} Are you sure?
still sure - i was not expecting it will tuch a daily trendline at 4560.
Attached Image
  • #420,646
  • Oct 21, 2015 4:35am Oct 21, 2015 4:35am
franc moved in hurry....
  • #420,647
  • Oct 21, 2015 6:52am Oct 21, 2015 6:52am
Very subdued today.
  • #420,648
  • Oct 21, 2015 8:26am Oct 21, 2015 8:26am
don't be afraid.. it is going to come nice and easy...
  • #420,649
  • Oct 21, 2015 8:29am Oct 21, 2015 8:29am
Why day by day this forum is dying, no activities and no advice to new trader's. We must invest some time here. This help many trader's. Come on who are with me or Im just a fool.
  • #420,650
  • Edited 9:18am Oct 21, 2015 8:55am | Edited 9:18am
Quoting a16908
Why day by day this forum is dying, no activities and no advice to new trader's. We must invest some time here. This help many trader's. Come on who are with me or Im just a fool.
you can post trade ideas and strategy here


http://www.forexfactory.com/showthre...83#post8534383
FREEDOM IS SECURITY.
  • #420,651
  • Oct 21, 2015 9:11am Oct 21, 2015 9:11am
Quoting a16908
Why day by day this forum is dying, no activities and no advice to new trader's. We must invest some time here. This help many trader's. Come on who are with me or Im just a fool.
Attached Image (click to enlarge)
Click to Enlarge Name: cad.png Size: 42 KB
there you go,, lets see if this will short again,
  • #420,652
  • Oct 21, 2015 9:42am Oct 21, 2015 9:42am
Attached Image (click to enlarge)
Click to Enlarge Name: 5.png Size: 33 KB
as above play s/r
  • #420,653
  • Oct 21, 2015 10:12am Oct 21, 2015 10:12am
Attached Image (click to enlarge)
Click to Enlarge Name: 1m.png Size: 37 KB
resistance ??
  • #420,654
  • Oct 21, 2015 10:14am Oct 21, 2015 10:14am
Stop run to take out the stops above 5500. Looks like it.
  • #420,655
  • Oct 21, 2015 10:15am Oct 21, 2015 10:15am
On target for 155 plus.

( Bought uk 7 am time 154 200 ) - quoted.
  • #420,656
  • Oct 21, 2015 10:20am Oct 21, 2015 10:20am
Quoting attilafx
Stop run to take out the stops above 5500. Looks like it.
I doubt 60 pips from US lows would be a stoploss hunt. if and when it reaches 1.55000 it should go up 100 pips more. till then shorts are fine. if 1.5458 is gone on the downside those same stops will hammer it again
  • #420,657
  • Oct 21, 2015 10:21am Oct 21, 2015 10:21am
Quoting attilafx
Stop run to take out the stops above 5500. Looks like it.
I could be wrong but I can't see too many stops above 1.5500 because the market hasn't in my opinion got many NEW shorts in. Normally to get new shorts in the market would have to have moved a lot lower, perhaps <1.5400 then the trap can be sprung on them.

Personally I like the look of the day chart, big thrusting move up to around 1.5500 and then we hold for 4/5 days. Maybe that's the clue we're heading higher?

Whatever the case we need some action in Cable, been boring so far this week.
Road To Wisdom? To err and err and err again, but less and less and less...
  • #420,658
  • Oct 21, 2015 10:23am Oct 21, 2015 10:23am
Hold buy and will look to sell tomorrow ;-) (wink)..
  • #420,659
  • Oct 21, 2015 10:23am Oct 21, 2015 10:23am
Quoting elbert3
{image} just careful db at this time here , but one would hope to see it break to the 200 ema green 5380 ish was the breakout on the last move, so dont count the chickens yet, play s/r ..
i bet it caught a few out,, need to see now who has the strongest hand the db or the hours of resistance at 5500 5485 i have at 76% ,
  • #420,660
  • Oct 21, 2015 10:26am Oct 21, 2015 10:26am
Attached Image (click to enlarge)
Click to Enlarge Name: 1h.png Size: 44 KB
hit the top of the old break out tl, Resistance left , for now ??
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