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Cable Update (GBPUSD)

  • #267,041
  • Edited 3:06am Dec 21, 2010 3:03am | Edited 3:06am
Good day.

No signal though. Reason:
1.Bearish Divergence (Blue line)
2.Itchy fingers lol

Ps: SL 10 p above 200 ema
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  • #267,042
  • Dec 21, 2010 3:25am Dec 21, 2010 3:25am
Quoting gsantri
Good day.

No signal though. Reason:
1.Bearish Divergence (Blue line)
2.Itchy fingers lol

Ps: SL 10 p above 200 ema

Closed @5531 for 30 pips.
Reason: News in 5 min.
  • #267,043
  • Dec 21, 2010 3:42am Dec 21, 2010 3:42am
Quoting Magix
More like "Weak"ly, as in no volume no movement.

Leave this shit alone until the new year Mal...cripes man, you know better than that....

leave mal alone, theres some green shitt in there not much but good for some milk cans
  • #267,044
  • Dec 21, 2010 3:44am Dec 21, 2010 3:44am
Quoting Ctic
I agree with you on the shorts. 5000 may be a little high... we may drop a little lower than that. I woulddn't be surprised to see the 3300 to 3500 mark one more time..

how are man long time no see hope all great and grean
  • #267,045
  • Dec 21, 2010 4:18am Dec 21, 2010 4:18am
I think that from 1.5525 we could go down for short???
  • #267,046
  • Dec 21, 2010 4:40am Dec 21, 2010 4:40am
Quoting TauTrader
Good day to you,

Apology. Was out. I'm doing well, thanks. Think we will test 1.5528 first. Could be wrong. May even head back to 1.5500/02. Wish you a great festive season too.

regards
Greeting Mr.TT,

Good analysis as always
  • #267,047
  • Dec 21, 2010 4:48am Dec 21, 2010 4:48am
like everyone taken a holiday........ with one eye on charts, one arm on mama.......
  • #267,048
  • Dec 21, 2010 4:53am Dec 21, 2010 4:53am
Quoting gsantri
Greeting Mr.TT,

Good analysis as always
Thank you.

I think we will now only range. Looking at the current chart, we are in a sideways zone.

1) Below price, we still have the November low @ 1.5482 and a reasonably strong S/R level @ 1.5474
2) Above price, we have the weekly opening price @ 1.5513 and the daily opening price @ 1.5510
3) Yesterday's high and S/R level @ 1.5574

Exactly 100 pip zone. We will thus have to wait for 1.5474 to be broken and probably retested to hold as new resistance to continue shorts, or then still wait for the 1.5574 area to become support to move higher.

All the best
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  • #267,049
  • Dec 21, 2010 5:04am Dec 21, 2010 5:04am
Quoting TauTrader
Thank you.

I think we will now only range. Looking at the current chart, we are in a sideways zone..

..All the best
Marked. Thank you.

Now people waiting for 'surprises lol..
  • #267,050
  • Dec 21, 2010 5:06am Dec 21, 2010 5:06am
hoping to c 1.5470 region soon...
  • #267,051
  • Dec 21, 2010 5:16am Dec 21, 2010 5:16am
Quoting gsantri
Marked. Thank you.

Now people waiting for 'surprises lol..
good day,

Nothing to trade at the moment. Rather going to take a break. Today is going to close in this area ( 1.5498 - 1.5502) - I think

Regards
  • #267,052
  • Dec 21, 2010 5:22am Dec 21, 2010 5:22am
Hello All - couple of successful short scalps today already on the news ... currently short again 15502 looking for 15457 - just above neckline of proposed H&S on D1 and DEC17 low ... a move above 15540 area would invalidate as would a plain old low volume lack of activity at the current level for too long

All the best
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  • #267,053
  • Dec 21, 2010 5:29am Dec 21, 2010 5:29am
Quoting TauTrader
good day,

Nothing to trade at the moment. Rather going to take a break. Today is going to close in this area ( 1.5498 - 1.5502) - I think

Regards
Maybe NY will fill something.

Thanks Mr.TT. Have a good one
  • #267,054
  • Dec 21, 2010 5:40am Dec 21, 2010 5:40am
M15 Close-up
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  • #267,055
  • Dec 21, 2010 5:48am Dec 21, 2010 5:48am
Its ciao to that triangle and testing Day low ... EU needs to drop a bit to achieve this imo
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  • #267,056
  • Dec 21, 2010 5:55am Dec 21, 2010 5:55am
Ciao to the day low ... but out at DEC20 low for 24 pips ... tis the season and all and EU firming up on short-term TFs
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  • #267,057
  • Dec 21, 2010 5:57am Dec 21, 2010 5:57am
TP 1.5461
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  • #267,058
  • Dec 21, 2010 6:11am Dec 21, 2010 6:11am
25+35 big size 60 pips for today
  • #267,059
  • Dec 21, 2010 6:12am Dec 21, 2010 6:12am
Quoting Hazarder
TP 1.5461

..oleee....
  • #267,060
  • Edited 6:27am Dec 21, 2010 6:13am | Edited 6:27am
Quoting Hazarder
TP 1.5461
Well done Hazarder ... I'm chancing a long scalp here sl 15
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