I also added a pending sell on EU @ 1.2725 TP 30 pips and SL 10 pips
![](https://resources.faireconomy.media/images/emojis/64/1f60a.png?v=15.1)
Why is GBPUSD called cable? 76 replies
Cable Update - Continued 102 replies
Cable (GBPUSD) vs Euro (EURUSD) 31 replies
Cable Update (GBP/USD) without Idiots 23 replies
cable short for gbpusd? 6 replies
DislikedMorning guys
this pair normally should drop to 1.5420 area
First stop 1.5609 then 1.5577 and 1.5420
I'll sit on my bum for now as I opened a buy @ 1.5682 and closed it @ 1.5717 so target doubled today...almost.
and I don't have the balls to short now...or maybe I'll jump in with a small position
ok I'm in
sold @1.5673 TP 1.5450 and SL @ 1.5715..I'll close partially @ 1.5609 and 1.5577Ignored
DislikedThanks for the concern Pound.I appreciate it but this time I opened it with 0.2 lots only and I already have a confirmation on M30,H1 and H4
even if it gets stopped I still don't loose much.Ignored
Dislikedhi ben, ill not be selling cable until i see a strong hourly close above 1.5738Ignored
Disliked25 pips so far![]()
I'll eyeball 1.5609-10 level as that one is an important S level and rumour is that there are important Middle East buyers there
so..there might be a significant bounce at that level but I reckon we see 1.5577 soon after
please be advised that 1.5640 is the 38.2% fibo,1.5609 is the 50% fibo and 1.5577 is the 61.8% fibo
so far price stalled the descent on the 38.2% but GU likes to touch the 50% line before any significant retraceIgnored
Dislikedtriggered @ 50% fibo
praying for 20 pips up as a min...will see will see
I'll close it soon as EU economy is deadIgnored
DislikedGood day to you,
Entering a long here @ 1.5645. Based on 4hr.
RegardsIgnored
DislikedHi Mr Tau,
Be careful on H4 there is a gartley .a safer entry long would still be 1.5609 or 1.5577 IMHO
price will now drop to 1.5640 and maybe continue down soon after.
or it could as well shoot up but if EU continues to fall GU will be dragged with it.Ignored
DislikedHi Mr Tau,
Be careful on H4 there is a gartley .a safer entry long would still be 1.5609 or 1.5577 IMHO
price will now drop to 1.5640 and maybe continue down soon after.
or it could as well shoot up but if EU continues to fall GU will be dragged with it.Ignored
DislikedHi Mr Tau,
Be careful on H4 there is a gartley .a safer entry long would still be 1.5609 or 1.5577 IMHO
price will now drop to 1.5640 and maybe continue down soon after.
or it could as well shoot up but if EU continues to fall GU will be dragged with it.Ignored
DislikedEU has dragged a lot to my recknoning and specially considering the fact Ben is tomorrow gbp might jut rally into the event.Ignored
DislikedSpanish bond yileds 7.16%
Troika may double repayment schedule to 30 years from 15 years on the Irish loans
Portugal is dead and Italy is close to it.
Those are today's facts.Tmr,Ben might talk about the QE3 and market might rally but we just wait and see and only bag small pips.
In this kind of market is a bit dangerous to keep long term trades.
I agree with the 1.2545 area for buyers.
But for GU,so far,PA seems either flat or bearish to me.I hope we'll see soon 1.5609-06 and 1.5577 before the final drop to 1.5420-30Ignored
DislikedSpanish bond yileds 7.16%
Troika may double repayment schedule to 30 years from 15 years on the Irish loans
Portugal is dead and Italy is close to it.
Those are today's facts.Tmr,Ben might talk about the QE3 and market might rally but we just wait and see and only bag small pips.
In this kind of market is a bit dangerous to keep long term trades.
I agree with the 1.2545 area for buyers.
But for GU,so far,PA seems either flat or bearish to me.I hope we'll see soon 1.5609-06 and 1.5577 before the final drop to 1.5420-30Ignored