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Cable Update (GBPUSD)

  • #231,801
  • Jun 16, 2010 1:39am Jun 16, 2010 1:39am
can someone please post their cam levels i want to check if mine are good thx
  • #231,802
  • Jun 16, 2010 1:40am Jun 16, 2010 1:40am
is it good news for pound or bad news ? I mean forcast )


claimant now -27 forcast -23


I am hang on this ~!
A little beginner trader since 2006
  • #231,803
  • Jun 16, 2010 1:48am Jun 16, 2010 1:48am
Quoting hhitch
overlapping fibs around 1.4870 may provide resistance on GBPUSD
reverse H&S formation on USDJPY may provide support to yen crosses
I think 1.5000 will be stronger

1- Strong Phy. Resistance
2- overlap of the 23.1 and 61 of two different Fib
3- Third Resistant of the daily Pivot
Attached Image (click to enlarge)
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  • #231,804
  • Jun 16, 2010 1:52am Jun 16, 2010 1:52am
Quoting Naseri13
is it good news for pound or bad news ? I mean forcast )


claimant now -27 forcast -23


I am hang on this ~!
If the actual figure ends up coming out lower than the forcast (-23), it is supposed to be good for the pound.
  • #231,805
  • Jun 16, 2010 1:54am Jun 16, 2010 1:54am
I give you no argument there sir! It's just that 1.4870 comes first

Quoting extradeath
I think 1.5000 will be stronger

1- Strong Phy. Resistance
2- overlap of the 23.1 and 61 of two different Fib
3- Third Resistant of the daily Pivot
"The real genius is knowing when to stop." - Marc Faber
  • #231,806
  • Jun 16, 2010 1:57am Jun 16, 2010 1:57am
Quoting hhitch
I give you no argument there sir! It's just that 1.4870 comes first

And in order to get to 1.5 or 1.4870, we still have to break the resistence which we are are currently at.
  • #231,807
  • Jun 16, 2010 2:00am Jun 16, 2010 2:00am
that's fer sure. looks like pound not sure it wants to come to the party. plus there's some divergence.. but that didn't matter yesterday...

Quoting spivvster
And in order to get to 1.5 or 1.4870, we still have to break the resistence which we are are currently at.
"The real genius is knowing when to stop." - Marc Faber
  • #231,808
  • Jun 16, 2010 2:11am Jun 16, 2010 2:11am
possible break.. to 700 ?
Verily, in every difficulties there is relief
  • #231,809
  • Jun 16, 2010 2:11am Jun 16, 2010 2:11am
Quoting hhitch
that's fer sure. looks like pound not sure it wants to come to the party. plus there's some divergence.. but that didn't matter yesterday...
Just be on the watch out for a possible H&S in the making
  • #231,810
  • Jun 16, 2010 2:14am Jun 16, 2010 2:14am
Quoting primzvicious
possible break.. to 700 ?
i forgot the attachment
Attached Image (click to enlarge)
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Verily, in every difficulties there is relief
  • #231,811
  • Edited 2:19am Jun 16, 2010 2:17am | Edited 2:19am
Scratch that, posted to wrong forum!! eeep.... :-)
  • #231,812
  • Jun 16, 2010 2:22am Jun 16, 2010 2:22am
:nerd:grin:P Today 7.00 am GMT + 7 - 1.4772 !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #231,813
  • Jun 16, 2010 2:35am Jun 16, 2010 2:35am
Quoting spivvster
And in order to get to 1.5 or 1.4870, we still have to break the resistence which we are are currently at.
I sold

http://www.forexrainbow.com/files/l3...drv0m5ljnc.jpg

I just closed with 1.8K profit.
A little beginner trader since 2006
  • #231,814
  • Jun 16, 2010 2:39am Jun 16, 2010 2:39am
Quoting Naseri13
I sold

http://www.forexrainbow.com/files/l3...drv0m5ljnc.jpg

I just closed with 1.8K profit.
Nice, I am gonna ride it out, but i will close it if the four hour candle closes with a large wick.
  • #231,815
  • Jun 16, 2010 2:42am Jun 16, 2010 2:42am
Quoting primzvicious
i forgot the attachment
closed @ 768
Verily, in every difficulties there is relief
  • #231,816
  • Jun 16, 2010 2:48am Jun 16, 2010 2:48am
Quoting primzvicious
closed @ 768
Nice Job, will spike in a significant pips from here, may UP may DOWN !
Attached Image (click to enlarge)
Click to Enlarge Name: 160610.gif Size: 86 KB
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #231,817
  • Jun 16, 2010 2:50am Jun 16, 2010 2:50am
Quoting manize
Nice Job, will spike in a significant pips from here, may UP may DOWN !
yup.. either 700 or 880
Verily, in every difficulties there is relief
  • #231,818
  • Jun 16, 2010 2:56am Jun 16, 2010 2:56am
Hi all,,,

It may test the MP
  • #231,819
  • Jun 16, 2010 3:14am Jun 16, 2010 3:14am
If we close below 4730 we might go down a little bit more...
Never Stop Learning...
  • #231,820
  • Jun 16, 2010 3:14am Jun 16, 2010 3:14am
What happens with this 4h candle may tell the tale...

To continue bulliesh, she needs to stay above kill's atl lines...
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******************* I'd rather make money than be right.
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