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Cable Update (GBPUSD)

  • #425,121
  • Feb 23, 2016 8:26pm Feb 23, 2016 8:26pm
Quoting digger1
Good to keep an old monthly chart around , not sure when I put the parallel lines on but it may not be far off. could be about 340 pips or so away from one hell of a long trade , counting down pip by pip lol, hope everybody is not trying to fight this too hard or better yet just short . cheers all . {image}
It looks like a HUGE head and shoulders pattern... Its going to be interesting when it gets to that lower line.
  • #425,122
  • Feb 23, 2016 9:05pm Feb 23, 2016 9:05pm
the candles on the cable go down down down ! down down down ! all day long.......
  • #425,123
  • Feb 23, 2016 9:07pm Feb 23, 2016 9:07pm
Quoting maflip
{quote} It looks like a HUGE head and shoulders pattern... Its going to be interesting when it gets to that lower line.
Lol, if and when it does, one would think there would be quite a shot out of that area for sure
  • #425,124
  • Feb 23, 2016 9:17pm Feb 23, 2016 9:17pm
I think 1.39/3880 could give bulls some relief
Attached Image (click to enlarge)
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Come with me if you want to live....
  • #425,125
  • Feb 23, 2016 9:22pm Feb 23, 2016 9:22pm
[quote=dean1star;8772871]
Quoting meanvel
It's going to target 1.49 just for starters. I may be changing my conviction from mildly bullish to extremely bullish. I am starting to think that the only reason we didn't get a second rally early to mid February may have been short speculation before this Fridays announcement. Guessing Mikey that 147 500 is not likely Oh well nevermind i did try and listen to you but then you know .. what i mean trader
What do you mean , we are almost there, eeeehhhh, never mind , my mistake ,,,,,,,,,
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  • #425,126
  • Feb 23, 2016 9:27pm Feb 23, 2016 9:27pm
But looking at this overall down turn in the markets and the current retest, I don't think $ bulls will be too far away
Attached Image(s) (click to enlarge)
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Come with me if you want to live....
  • #425,127
  • Feb 23, 2016 9:35pm Feb 23, 2016 9:35pm
Quoting Ill-b-back
But looking at this overall down turn in the markets and the current retest, I don't think $ bulls will be too far away {image} {image}
Kinda thinking the possibility is there.
  • #425,128
  • Feb 23, 2016 9:55pm Feb 23, 2016 9:55pm
[quote=Makavell;8772330]
Quoting dcavar
{quote} Lots of people waiting for the gap to fill up until their broker send them this message " MARGIN CALL ALERT!!! "
Are you saying that you got a message "MARGIN CALL ALERT"?
  • #425,129
  • Feb 23, 2016 10:11pm Feb 23, 2016 10:11pm
Cable to 1.35010 or maybe a new all time low?

BREXIT offers that possibility, the long term trade that could follow would be a beauty

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Dan TheMan
  • #425,130
  • Feb 23, 2016 10:25pm Feb 23, 2016 10:25pm
Indeed. Only falls and falls
  • #425,131
  • Feb 23, 2016 10:35pm Feb 23, 2016 10:35pm
Quoting digger1
{quote} Kinda thinking the possibility is there.
Also here perhaps
Attached Image (click to enlarge)
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Come with me if you want to live....
  • #425,132
  • Feb 23, 2016 10:35pm Feb 23, 2016 10:35pm
[quote=Techanalyst;8772919]
Quoting Makavell
{quote} Are you saying that you got a message "MARGIN CALL ALERT"?
Would love to have "MARGIN CALL ALERT"you know. Its been over 6 years i seen that bitch last
  • #425,133
  • Feb 23, 2016 10:45pm Feb 23, 2016 10:45pm
Quoting WanderingDan
Cable to 1.35010 or maybe a new all time low? BREXIT offers that possibility, the long term trade that could follow would be a beauty {image}
break 1.0438 ? my 1.3150 should have no problem then
  • #425,134
  • Feb 23, 2016 10:57pm Feb 23, 2016 10:57pm
Quoting Ill-b-back
{quote} Also here perhaps {image}
One would think the 1.40 level would be a big one for sure , I was kinda watching the fib extensions of that last swing , good portion of the time price only makes it to 272 ext, however the 618 get hits a lot too and that is right down there in the area of the monthly horizontal line, , this has been just such a limp dish rag to entertain thoughts of longs ,,,, perhaps boris has got it low enough to get a good entry now .
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  • #425,135
  • Feb 23, 2016 11:01pm Feb 23, 2016 11:01pm
Quoting Squiggles
{quote} break 1.0438 ? my 1.3150 should have no problem then
1.3150 would be beautiful.

The bounce from that would really be something.

I will build a mid term position starting from 1.3550 and get bigger as it goes down, if it goes down of course.
Dan TheMan
  • #425,136
  • Feb 23, 2016 11:02pm Feb 23, 2016 11:02pm
Quoting Squiggles
{quote} break 1.0438 ? my 1.3150 should have no problem then
Hows about .954
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  • #425,137
  • Feb 23, 2016 11:02pm Feb 23, 2016 11:02pm
[quote=Makavell;8772977]
Quoting Techanalyst
{quote} Would love to have "MARGIN CALL ALERT"you know. Its been over 6 years i seen that bitch last
I don't even remember when I got a "MARGIN CALL ALERT" you know.
  • #425,138
  • Feb 23, 2016 11:05pm Feb 23, 2016 11:05pm
chase this one 4050
  • #425,139
  • Feb 23, 2016 11:13pm Feb 23, 2016 11:13pm
H1 view
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persistence and determination alone are omnipotent
  • #425,140
  • Feb 23, 2016 11:23pm Feb 23, 2016 11:23pm
Quoting Squiggles
{quote} Hows about .954 {image}
this is to date
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