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Cable Update (GBPUSD)

  • #420,881
  • Edited Oct 26, 2015 4:18am Oct 25, 2015 11:34pm | Edited Oct 26, 2015 4:18am
buy 1,5324 sl 1,5290 tp 1,5400

sl at be now.
  • #420,882
  • Edited 7:32am Oct 26, 2015 12:55am | Edited 7:32am
Good Morning
Numbers NEVER Lie
  • #420,883
  • Oct 26, 2015 1:24am Oct 26, 2015 1:24am
154 would be welcome.
  • #420,884
  • Edited 2:31am Oct 26, 2015 2:10am | Edited 2:31am
Quoting smikester
{quote} Thanks for the information. I just placed a small short off 1.55 mainly because of Usd strength. I don't know where it will go. My interest now lies at 13:30 UK time where Usd/Cad could make a significant move.
I'm keeping this trade and I added to it, until GDP news tomorrow 09:30 UK time. GDP forecast figures lower, not good. Unless there is a serious retracement in the meantime then I will re-assess.
Gone to a better place
  • #420,885
  • Oct 26, 2015 3:23am Oct 26, 2015 3:23am
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD_H1.gif Size: 223 KB
  • #420,886
  • Oct 26, 2015 3:24am Oct 26, 2015 3:24am
Quoting Kajos2250
{quote} GU H4 GMT+2 IB BO, fakey long, bullish engulfing, ~5168 support, bulls controll. Let us try some longs again. Buy limit. 5160, buy stop .5191, invalidation ~5100. Targetting ~5500... Good luck! {image}
GU H4 GMT+2

let us give a chance for bulls again by the first bullish engulfing on the week.
buy stop .5353, invalidation close under .5300
targeting ~5550...

Good luck!
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH4.png Size: 34 KB
Anything is math!
  • #420,887
  • Oct 26, 2015 7:25am Oct 26, 2015 7:25am
Think anyone gives a hoot about new home sales ... 154 please.
  • #420,888
  • Oct 26, 2015 7:27am Oct 26, 2015 7:27am
Quoting dean1star
Think anyone gives a hoot about new home sales ... 154 please.
  • #420,889
  • Oct 26, 2015 7:29am Oct 26, 2015 7:29am
154 300 Please
  • #420,890
  • Oct 26, 2015 7:33am Oct 26, 2015 7:33am
if it closes above 5420 it is bullish. I have a feeling we may well close above 5400 today. 5451-5423 is the area to add shorts.
  • #420,891
  • Oct 26, 2015 7:43am Oct 26, 2015 7:43am
Quoting giveachance
if it closes above 5420 it is bullish. I have a feeling we may well close above 5400 today. 5451-5423 is the area to add shorts.
a close below 5356 in this hour brings bears back.
  • #420,892
  • Oct 26, 2015 7:48am Oct 26, 2015 7:48am
Quoting giveachance
if it closes above 5420 it is bullish. I have a feeling we may well close above 5400 today. 5451-5423 is the area to add shorts.
  • #420,893
  • Oct 26, 2015 8:04am Oct 26, 2015 8:04am
broke H4 downtrend(trendline) 5307 is/was 50% , considering to short around 5450+- ... daily still bearish and weekly . monthly closing will be following as well ,this week.
  • #420,894
  • Oct 26, 2015 8:32am Oct 26, 2015 8:32am
Quoting giveachance
{quote} a close below 5356 in this hour brings bears back.
Bears are in command, this short rally looks Dead cat bounce!!!
  • #420,895
  • Oct 26, 2015 8:34am Oct 26, 2015 8:34am
Quoting Dr.Zain
{quote} Bears are in command, this short rally looks Dead cat bounce!!!
not sure. it is closing rite on the price. 1 hr to go for london to close.
  • #420,896
  • Oct 26, 2015 10:05am Oct 26, 2015 10:05am
Quoting bsc
154 300 Please
ok 154 300 please ..
  • #420,897
  • Oct 26, 2015 12:43pm Oct 26, 2015 12:43pm
Quoting Dano12
{image}
Thank you for the interesting analysis.
  • #420,898
  • Oct 26, 2015 1:05pm Oct 26, 2015 1:05pm
Quoting IbrahIm2009
{quote} Thank you for the interesting analysis.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD_H1.gif Size: 219 KB
  • #420,899
  • Oct 26, 2015 5:52pm Oct 26, 2015 5:52pm
d1 has most likely surprised $ bulls ,doubt should be there to take the strong reversal previous despite w1
even if we trade below today ,tl is there not sure if we touched ,
Attached Image (click to enlarge)
Click to Enlarge Name: USD (DFB).png Size: 27 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #420,900
  • Oct 26, 2015 7:33pm Oct 26, 2015 7:33pm
The 1.5300 level has been a good support for Cable, but the bearish trend seems to be in place and it could try to break it to the downside.
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