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Cable Update (GBPUSD)

  • #244,241
  • Aug 9, 2010 3:49am Aug 9, 2010 3:49am
bbmac

It is the demo charts only that show this spike.The Alpari (UK) Classic Live and Alpari (UK) Micro both show 1.5939.

BR
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Alpari (UK) Classic Live.jpg Size: 178 KB
Click to Enlarge Name: Alpari Micro Live.jpg Size: 171 KB
  • #244,242
  • Aug 9, 2010 3:50am Aug 9, 2010 3:50am
Quoting grashid
i dun care what they do, am selling at every rallies. 1.57-1.55 is my first target...cheers

chow

g
Since when you do sell rallies ?
COT: The precious data ignored
  • #244,243
  • Aug 9, 2010 3:51am Aug 9, 2010 3:51am
took a short at 1.5993 and keeping it, sl at BE.
  • #244,244
  • Aug 9, 2010 3:52am Aug 9, 2010 3:52am
Quoting glanfx
bbmac

It is the demo charts only that show this spike.The Alpari (UK) Classic Live and Alpari (UK) Micro both show 1.5939.

BR
Thanks, it is what I use for my 'potential supp/res' charts...Thanks again
ex member
  • #244,245
  • Aug 9, 2010 3:52am Aug 9, 2010 3:52am
Quoting kuroro001
Since when you do sell rallies ?
now..@ 1.59900 & 1.59860...n more will come...

good luck guys

g
  • #244,246
  • Aug 9, 2010 3:52am Aug 9, 2010 3:52am
Quoting xenu
until then just scalping.
  • #244,247
  • Aug 9, 2010 4:02am Aug 9, 2010 4:02am
1hr closes as a pinbar but the red line shows that potential sbr zone...(solid candle below it is that alpari-demo chart candle at friday close)
Attached Image
ex member
  • #244,248
  • Aug 9, 2010 4:05am Aug 9, 2010 4:05am
The hourly on my chart just closed as a hammer I see north from here.
  • #244,249
  • Aug 9, 2010 4:12am Aug 9, 2010 4:12am
Quoting Dayboy001
The hourly on my chart just closed as a hammer I see north from here.
Closed as a hammer maybe...but it closed in the red...below resistance...and with lower vol...i won't go short nor long from there...got to wait
COT: The precious data ignored
  • #244,250
  • Aug 9, 2010 4:19am Aug 9, 2010 4:19am
A hammer needs to be sitting on support to have meaning.
  • #244,251
  • Aug 9, 2010 4:19am Aug 9, 2010 4:19am
Good news out of europe on energy sector and bad economic news pending here in U.S. this morning should start to push EUR & GBP higher within the hour. GBP refuses to go below 5930-35 intraday support area. If she holds I will add more longs...
Attached Image (click to enlarge)
Click to Enlarge Name: 1 hr gbpusd trade setup 1.gif Size: 27 KB
  • #244,252
  • Aug 9, 2010 4:31am Aug 9, 2010 4:31am
Quoting joemiami
Good news out of europe on energy sector and bad economic news pending here in U.S. this morning should start to push EUR & GBP higher within the hour. GBP refuses to go below 5930-35 intraday support area. If she holds I will add more longs...
To get me long i'd like to see this hourly candle in the green...ideally at 1,5970...we'll see
COT: The precious data ignored
  • #244,253
  • Aug 9, 2010 4:34am Aug 9, 2010 4:34am
Quoting kuroro001
To get me long i'd like to see this hourly candle in the green...ideally at 1,5970...we'll see
That would be a good sign, lets hope it does...
  • #244,254
  • Aug 9, 2010 4:34am Aug 9, 2010 4:34am
Quoting kuroro001
To get me long i'd like to see this hourly candle in the green...ideally at 1,5970...we'll see

certainly a 1hr close above that 1hr potential sbr circled from where the nearest supply is coming from presently would be encouraging for the bulls. 5min has formed some channel consolidation now between that area and the lows

G/L
Attached Image
ex member
  • #244,255
  • Aug 9, 2010 4:47am Aug 9, 2010 4:47am
dead price action in FX, while equities rallying +1%?!!

boring....
  • #244,256
  • Aug 9, 2010 4:56am Aug 9, 2010 4:56am
Don't speak too soon ...
  • #244,257
  • Aug 9, 2010 4:57am Aug 9, 2010 4:57am
going to 1.6050 let's see
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  • #244,258
  • Aug 9, 2010 5:03am Aug 9, 2010 5:03am
Nice move up. Seems to have found support on the 24ma. Would be nice to see another re-test of 1.6, and hopefully a break too.
  • #244,259
  • Aug 9, 2010 5:09am Aug 9, 2010 5:09am
Quoting sopel
going to 1.6050 let's see
Yes that's my first tp....but the 1,6100-1,6120 zone is way better
COT: The precious data ignored
  • #244,260
  • Aug 9, 2010 5:12am Aug 9, 2010 5:12am
Quoting kuroro001
Yes that's my first tp....but the 1,6100-1,6120 zone is way better
why not ride this baby to 1,65
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