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Cable Update (GBPUSD)

  • #422,561
  • Jan 25, 2016 8:26am Jan 25, 2016 8:26am
Quoting Luzbay
{quote} Dallas Fed Manufacturing Business Index - numbers released at 15:30 GMT. Tier 2 data event.
Cheers. I think if anything it'll be Draghi''s choice of words that will move the market today. Else down Monday pretty much just following the oil price movement.
Don't get mad, get even!
  • #422,562
  • Jan 25, 2016 9:38am Jan 25, 2016 9:38am
My day is done, +39pips
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See ya,
Alex
  • #422,563
  • Jan 25, 2016 9:39am Jan 25, 2016 9:39am
top picking with quantum london trading indi - M1
cheers.
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  • #422,564
  • Jan 25, 2016 9:45am Jan 25, 2016 9:45am
Quoting TheFxAnalyst
{quote} Sky I'm with you on the long. I've got a daily signal and a short term cyclical signal supporting it. Personally I'd like to see it stop riding that upper trend channel lower, a pop higher off of that could get me a little more interested. {image}
Elliott Wave for optimum entry, exit and risk management of trades
  • #422,565
  • Jan 25, 2016 9:49am Jan 25, 2016 9:49am
I don't trust this bull, very weak.
1.4 breakout possible in this month or first week of feb
You cannot learn better without losing
  • #422,566
  • Jan 25, 2016 9:57am Jan 25, 2016 9:57am
Quoting TheFxAnalyst
{quote} Sky I'm with you on the long. I've got a daily signal and a short term cyclical signal supporting it. Personally I'd like to see it stop riding that upper trend channel lower, a pop higher off of that could get me a little more interested. {image}
where to get your tool
Enter Signature
  • #422,567
  • Jan 25, 2016 10:18am Jan 25, 2016 10:18am
Bull fkd up again. Waiting to see some dance around ~4150 then BANG again to create new low
Too much hesitation giving bear the boost
You cannot learn better without losing
  • #422,568
  • Jan 25, 2016 11:27am Jan 25, 2016 11:27am
Took a long again from the weekly pivot at 1.4234, see if it can dust itself off and get back above the daily pivot at 1.4276
  • #422,569
  • Jan 25, 2016 12:49pm Jan 25, 2016 12:49pm
Think we will see 1,41 again, if it holds there is more room up ... if not the down goes on ..... Just not sure how long the retest of the mark will take.
  • #422,570
  • Jan 25, 2016 1:03pm Jan 25, 2016 1:03pm
Quoting Dalchow
Think we will see 1,41 again, if it holds there is more room up ... if not the down goes on ..... Just not sure how long the retest of the mark will take.
Would be more inclined to think 1.41 if and when the weekly pivot gives way, chart says there is a couple days support over there on the left , would rather take a crack at shorts from Fridays high or above . Equties and oil at similar junctures on the hourly charts.
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  • #422,571
  • Jan 25, 2016 1:19pm Jan 25, 2016 1:19pm
Longer view little stronger case 1.44 ish before 1.41 again , time will tell I reckon.
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  • #422,572
  • Jan 25, 2016 1:40pm Jan 25, 2016 1:40pm
Obviously it needs to break out of the pennant, which as of yet hasent happend , but that is what Im watching to see if it developes, jury is still out lol
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  • #422,573
  • Jan 25, 2016 1:46pm Jan 25, 2016 1:46pm
No Trade on Pound Dollar - waiting for set up. To Take position.
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  • #422,574
  • Jan 25, 2016 4:02pm Jan 25, 2016 4:02pm
UK100 on Pepperstone haha
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Don't get mad, get even!
  • #422,575
  • Jan 25, 2016 4:37pm Jan 25, 2016 4:37pm
Personal take is for this pair to go lower then a long position will become available. As per signal.
Attached Image (click to enlarge)
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  • #422,576
  • Jan 25, 2016 9:03pm Jan 25, 2016 9:03pm
Attached Image (click to enlarge)
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H1
  • #422,577
  • Jan 25, 2016 10:45pm Jan 25, 2016 10:45pm
Hi btw - lost my other account credentials - been here on and off since 2009 (don't even remember the username, lol)

i for mine c here a buy possibility (but careful: longterm) R:R in favour of the bulls
  • #422,578
  • Jan 25, 2016 11:39pm Jan 25, 2016 11:39pm
Quoting Hkr-wck
{quote} where to get your tool
That's something I built for my own use. I've been working on it for a really long time but it never seems to be finished.
When you hit 50, coffee becomes part of a proper modeling pipeline.
  • #422,579
  • Jan 25, 2016 11:45pm Jan 25, 2016 11:45pm
Still riding that upper rail. Still waiting for the pop higher.
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When you hit 50, coffee becomes part of a proper modeling pipeline.
  • #422,580
  • Jan 25, 2016 11:46pm Jan 25, 2016 11:46pm
buy or sell now?
who's expecting a sell
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