Cable Update (GBPUSD)

its just to shake of the bums on the bus..

short bro.

This was the 1min bullish divergence based reversal set-up @ Dly S2 , also the top 1/2 of a previous 4hr swing lo=prev supp=pot supp zone..it was supported by a reversal set-up on 5min also ..a contra-trend opportunity but trend on 1hr is still down.

http://i36.tinypic.com/313lnk4.gif

oh man!....this chick's rolls are bigger than her head...

any clue? if punch down would be nice but wut if NOT??

hello to allz
hi wormie howz ya bro

ftse holds a lot of weight on sterling yea?

Good morning to you all,

Since yesterday, I have missed some great opportunities whilst earning my regular living. Attached my chart with current levels of importance to me. Numbered and referenced:

1) One of the last barriers to hold price - 1.5884 - it is attempting to blow the wistle to call price back.
2) Next move down could be to the 1.5850 level - should the above not manage to contain price
3) Further down, we have 1.5821 - the lower level of the daily channel by high.

Above price, we have:

4) 1.5904 - S/R level in confluence with the 1.5900 round number. Just above that, the low of last week @ 1.5915 - these now putting up a strong resistance barrier as a group.
5) The ultimate upside barrier is sitting @ 1.5943 to 1.5947 - this area contains both the 50% line of the week, as well as the 50% line of the monthly range.

The battlezone will be between level (1) and level (5) until NFP.

Wish you all success.

Regards

I really think this b*Ach gonna dis us with a pin again bro...

I'm cashing in half.....letting the rest ride....

Another mark up again before the news ?

hi faryad I'm good thanks. you?

party at my place ???

1.522 ......................

okay .. what about ftse, think it holds much weight on sterling on nfp day?
cheers bro

you got it.
you bring the noise, bb bring the beer & I bring the girls.

fine thanks bro what ya think about nfp selling pressure ?

Dow jones apparently reporting that UBS are short gbpusd going into NFP with a target of 1.5200..going to check this now

Honestly?

I think all this selling is bullshit lol, way too early, way too easy.
But,
my trading does not require me to think. I get a buy signal I buy, get a sell I sell. So not too long ago, I got a sell, so I sold.
I just hope I don't get screwed by the nfp later. I have placed ultra wide stops just in case "they" decide to crash my party lol

Hi Guys,

I have few running trades. Since there is NFE release, i am bit confused whether to close the trades or adjust my SL, so that I could avoid from hitting it. Need you guys advice.

-myfx-

on ftse...yesterday's candle bearish for sure...but....look at that monster rally. It could easily turn into a channel bro....this place we're in now is pretty tricky to say the least...

boy I need a Double Latte no foam...

cool.. Bali is nice place..

half way...