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Cable Update (GBPUSD)

  • #267,961
  • Jan 5, 2011 7:06pm Jan 5, 2011 7:06pm
This can change the USD in coming days.

Bloomberg has reported about chinese stealth fighter. So it is directly related to financial markets.

Chinese stealth fighter

http://a57.foxnews.com/static/manage...h%20plane.jpeg

http://www.foxnews.com/world/2011/01...d-gates-visit/

http://www.bloomberg.com/news/2011-0...n-of-u-s-.html
  • #267,962
  • Jan 5, 2011 7:35pm Jan 5, 2011 7:35pm
Quoting honestb
This can change the USD in coming days.

Bloomberg has reported about chinese stealth fighter. So it is directly related to financial markets.
Does that mean I can buy one at Walmart soon?
  • #267,963
  • Jan 5, 2011 7:48pm Jan 5, 2011 7:48pm
Quoting Low
Does that mean I can buy one at Walmart soon?
make it two
  • #267,964
  • Jan 5, 2011 8:00pm Jan 5, 2011 8:00pm
Below 5m support and having a tuff time gaining daily roll...where we headed?

Given the piano keys of trading we have been witness to of recent, day up, day down, day up, day down....

H4 is looking a lot like we might see the end of the buyers.

Assumption of trend, we take a dive here...

But hey, you trade your charts, and I will trade mine!
Attached Image (click to enlarge)
Click to Enlarge Name: below.jpg Size: 55 KB
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #267,965
  • Jan 5, 2011 8:13pm Jan 5, 2011 8:13pm
Quoting bbakker
I was previously a more active participant on this thread when I solely traded GU but now that I trade over 25 currency pairs of the daily charts, I see no point in posting non-GU charts in this thread.

I am also at a point where I am not as time rich as before for various reasons so my time on here is restricted.

Here is my daily outlook with two possible scenarios and neither can happen. The thing is anything can happen, but I will only trade this pair once it hits my supply or demand zones.

Attachment

Success with your trading!...
I hate to shout the obvious but that chart has a near textbook H&S pattern.. fwiw
  • #267,966
  • Jan 5, 2011 9:09pm Jan 5, 2011 9:09pm
Quoting bbmac
I looked in on this thread and the eurusd today and the stats were staggering. A snapshot revealed over 1000 at the eurusd thread with just over 30 here in the gbpusd thread.

Now both threads are plagued by the usual nonesense late calling, bad analysis, clashes of ego, spam, and so called 'Guru's' wanting everyone to know how great they are (,!) but this thread in particular has gone downhill in recent times. and it is reflected in the porr atendance now. Add to this that the spread erosion on the eurusd is smaller...
Agreed... Back when I used to be a regular here, This thread had as many as the EUR thread. I think many members went over to that thread from this one. Not sure why, (but I can guess) probably same reasons I left in the first place.
  • #267,967
  • Jan 5, 2011 9:47pm Jan 5, 2011 9:47pm
Seems a little resistance here...

Could it be that price is...
Attached Image (click to enlarge)
Click to Enlarge Name: knock.jpg Size: 63 KB
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #267,968
  • Edited 10:47pm Jan 5, 2011 10:21pm | Edited 10:47pm
Quoting Magix
Seems a little resistance here...

Could it be that price is...
Ah that Bob Dylan's song.. I like Eric Clapton version
its soooo high n deep..

and she's knocking again, 4th time.
could it be..Fort Knox ? lol
  • #267,969
  • Jan 5, 2011 10:51pm Jan 5, 2011 10:51pm
is that what you're seeing



Quoting Magix
Seems a little resistance here...

Could it be that price is...
  • #267,970
  • Jan 5, 2011 11:05pm Jan 5, 2011 11:05pm
Quoting petehnm
is that what you're seeing
Below daily roll and cannot move above resistance, would seem that them knocks are going unanswered....

If we clear daily roll, longs might be in play, but at this point we seem to have a short order...
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #267,971
  • Jan 5, 2011 11:05pm Jan 5, 2011 11:05pm
http://www.surewin888.com/tradesetup...03-55%20AM.png
  • #267,972
  • Jan 5, 2011 11:17pm Jan 5, 2011 11:17pm
im curious,

are u seeing this as well?
Attached Image (click to enlarge)
Click to Enlarge Name: gu.jpg Size: 187 KB
  • #267,973
  • Jan 5, 2011 11:27pm Jan 5, 2011 11:27pm
Quoting freqzz
im curious,

are u seeing this as well?
What?

The inside bars? The fib line? the downtrend?...

Yes.
  • #267,974
  • Jan 6, 2011 12:20am Jan 6, 2011 12:20am
Quoting Ctic
What?

The inside bars? The fib line? the downtrend?...

Yes.
yes, i think's GU will continue downtrading,, with rilis NFP tomorrow,,
only an analysis, and I'm always wrong, don't follow me,
  • #267,975
  • Jan 6, 2011 12:54am Jan 6, 2011 12:54am
IMO It will 1st go up to yesterday's high1.56447.. Then downtrend
  • #267,976
  • Jan 6, 2011 1:11am Jan 6, 2011 1:11am
Quoting bbmac
I looked in on this thread and the eurusd today and the stats were staggering. A snapshot revealed over 1000 at the eurusd thread with just over 30 here in the gbpusd thread.

Now both threads are plagued by the usual nonesense late calling, bad analysis, clashes of ego, spam, and so called 'Guru's' wanting everyone to know how great they are (,!) but this thread in particular has gone downhill in recent times. and it is reflected in the porr atendance now. Add to this that the spread erosion on the eurusd is smaller...
so true...
Verily, in every difficulties there is relief
  • #267,977
  • Jan 6, 2011 2:12am Jan 6, 2011 2:12am
i think its right time to short thr GBP

http://www.tradingcentral.com/chart/...0111671320.GIF
  • #267,978
  • Jan 6, 2011 2:54am Jan 6, 2011 2:54am
Quoting Magix
Off topic...
Nothing to do with trading...

I really like where your mind wanders Kas. The world really would be a better place with more people like you.

My world is a better place cos of Magix. Thanks mun.
All systems of divination, like music itself,work through patterns.
  • #267,979
  • Jan 6, 2011 2:54am Jan 6, 2011 2:54am
Hi guys,
Any explanation for G/U??.. are we going up???... all news looking bad for G/U but candle going up??..
  • #267,980
  • Jan 6, 2011 3:05am Jan 6, 2011 3:05am
Confluence of DP @ 15530 with 20 ema and LTL from 30 nov. .i'm looking for entry north. on M5. above 15563 rbs
Attached Image (click to enlarge)
Click to Enlarge Name: Spot FX GBP_USD (06-JAN-11).png Size: 13 KB
All systems of divination, like music itself,work through patterns.
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