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Cable Update (GBPUSD)

  • #267,141
  • Dec 22, 2010 8:22am Dec 22, 2010 8:22am
[quote=TauTrader;4259057]
Quoting gsantri

Good day to you, Mr.G

It's not a dance.... I'm trying to push GU through the low of last week @ 1.5453 - wanna TP @ 1.5425.

But tough as nails.

Regards
what is your next target ? i love GU
  • #267,142
  • Dec 22, 2010 8:30am Dec 22, 2010 8:30am
[quote=FirePegasus;4259219]
Quoting TauTrader

what is your next target ? i love GU
1.5320 is a possibility if this keeps dropping the way it is. GL.
You've got to be IN IT to WIN IT!
  • #267,143
  • Dec 22, 2010 8:31am Dec 22, 2010 8:31am
[quote=FirePegasus;4259219]
Quoting TauTrader

what is your next target ? i love GU
GU next target..1.5350
  • #267,144
  • Dec 22, 2010 8:36am Dec 22, 2010 8:36am
Quoting Vuraziq

GU next target..1.5350
agreed.

nice to have the alarm go off when being away for once
Attached Image (click to enlarge)
Click to Enlarge Name: gu.png Size: 54 KB
Thank You
  • #267,145
  • Dec 22, 2010 8:36am Dec 22, 2010 8:36am
[quote=Vuraziq;4259243]
Quoting FirePegasus

GU next target..1.5350
lol.
You've got to be IN IT to WIN IT!
  • #267,146
  • Dec 22, 2010 8:37am Dec 22, 2010 8:37am
[quote=Ifty;4259241]
Quoting FirePegasus

1.5320 is a possibility if this keeps dropping the way it is. GL.
be careful for the news coming bro ... i'd taken my pips and wait for a new round after the news

wish you a lot of pips !
  • #267,147
  • Dec 22, 2010 8:47am Dec 22, 2010 8:47am
Well, I wasn't gunna trade anymore this year, but when opportunity came a knocking, well, whut could I say....

But this time...seriously, I am done!
Attached Image (click to enlarge)
Click to Enlarge Name: oops.jpg Size: 192 KB
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #267,148
  • Dec 22, 2010 8:47am Dec 22, 2010 8:47am
[quote=TauTrader;4259145]
Quoting gsantri

Good day to you,

I got my pips on GU. Exited @ 1.5430. May look to long EU back to 1.3180 in the next 15 minutes. Will see..

Wish you all success

Regards
Good day to you,

Had to go out - missed your questions. But I see answers were given.

Happy to report that my EU long failed. -20 and -16.

What was I thinking?? ( in case you wondered - I was not the police)

Going out for a BBQ.

Trade well!
Attached Image (click to enlarge)
Click to Enlarge Name: myhero.jpg Size: 140 KB
  • #267,149
  • Dec 22, 2010 8:51am Dec 22, 2010 8:51am
let's see if the news from us trigger that bullish MACD div on m30 & h1

if not.... s3 - 5350 next

gl
Attached Image (click to enlarge)
Click to Enlarge Name: h1.gif Size: 23 KB
... feel better day by day.
  • #267,150
  • Dec 22, 2010 8:52am Dec 22, 2010 8:52am
Quoting wormboy
agreed.

nice to have the alarm go off when being away for once
That's perfect and fully confirmed setup

BIG
  • #267,151
  • Dec 22, 2010 8:54am Dec 22, 2010 8:54am
oh no no no,,

support GU in D1 is break, with strong candle,,
if until closing candle is strong bearish candle, so may be GU 1.52** come tomorrow,,
Attached Image (click to enlarge)
Click to Enlarge Name: 28.png Size: 13 KB
only an analysis, and I'm always wrong, don't follow me,
  • #267,152
  • Dec 22, 2010 9:02am Dec 22, 2010 9:02am
Quoting gsantri
That's perfect and fully confirmed setup

BIG
aye, thought I'd have to wait a little longer for the neckline to go after price cleared below the pvp till the alarm went off earlier. Can tell you that I'm well chuffed it did so on my time off
I'd suspect price will settle ard 5350 level & dozes off till after the new year (great timing btw) Don't forget 5300 is cable's centre of the universe.

Right, going for supper. Take care my friend
Thank You
  • #267,153
  • Dec 22, 2010 9:13am Dec 22, 2010 9:13am
Quoting zoom
let's see if the news from us trigger that bullish MACD div on m30 & h1

if not.... s3 - 5350 next

gl
so are we safe for 15350 yet?
  • #267,154
  • Dec 22, 2010 9:16am Dec 22, 2010 9:16am
Quoting wormboy
aye, thought I'd have to wait a little longer for the neckline to go after price cleared below the pvp till the alarm went off earlier. Can tell you that I'm well chuffed it did so on my time off
I'd suspect price will settle ard 5350 level & dozes off till after the new year (great timing btw) Don't forget 5300 is cable's centre of the universe.

Right, going for supper. Take care my friend
1.53? NOT IN THIS DECADE . Remember? Those were good days bro.
You've got to be IN IT to WIN IT!
  • #267,155
  • Dec 22, 2010 9:18am Dec 22, 2010 9:18am
Quoting wormboy
aye, thought I'd have to wait a little longer for the neckline to go after price cleared below the pvp till the alarm went off earlier. Can tell you that I'm well chuffed it did so on my time off
I'd suspect price will settle ard 5350 level & dozes off till after the new year (great timing btw) Don't forget 5300 is cable's centre of the universe.

Right, going for supper. Take care my friend
I like that. Thank's.

You too brother

Have a good one.
  • #267,156
  • Dec 22, 2010 9:27am Dec 22, 2010 9:27am
[quote=TauTrader;4259308]
Quoting TauTrader

Good day to you,

Had to go out - missed your questions. But I see answers were given.

Happy to report that my EU long failed. -20 and -16.

What was I thinking?? ( in case you wondered - I was not the police)

Going out for a BBQ.

Trade well!
Not at all
  • #267,157
  • Dec 22, 2010 9:38am Dec 22, 2010 9:38am
Quoting Magix
Well, I wasn't gunna trade anymore this year, but when opportunity came a knocking, well, whut could I say....

But this time...seriously, I am done!

I hear you lol.. but that's BIG
Who could resist..

Hey Magix what is your macd settings for 15 and H1 TF ?
  • #267,158
  • Dec 22, 2010 9:51am Dec 22, 2010 9:51am
Hey guys,

I trade the daily(and sometimes 4H) timeframes and would like to share my analysis for this pair! I am still relatively new to forex so any constructive feedback is greatly appreciated! I apologize if I posted the same chart as any previous thread in this post.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSD1.JPG Size: 178 KB
Click to Enlarge Name: GBPUSD2.JPG Size: 190 KB
  • #267,159
  • Edited 10:11am Dec 22, 2010 9:58am | Edited 10:11am
What I want to share here is a possible Head & Shoulder on the weekly for the cable. I know most commentators have already seen H&S on the daily. I am of the view that right shoulder is already in place around 1.60000, the head is on 1.63000. If the set-up plays out the left shoulder is expected around 1.60000 and the neckline is expected around 1.53000. The critical step to validate this set-up is for 1.53000 to act as a strong support and send the current downward move from 1.63000 back to 1.60000. On the other hand, 1.53000 is critical to the cable at the moment and if this support fails, a freefall to the area in yellow below is a very huge possibility. I expect either of the two scenarios to play out when the big boys resumes trading resumes in January 2011. The immediate trend is still down as shown on the daily chart. Fundamentally, the cable is very weak now and the outlook supports the bear. 1.53000 is the area to watch out for. It is currently the crossroad for either reversal or freefall. It is always helpful to plan ahead. I am through with trading for this year. `
  • #267,160
  • Dec 22, 2010 9:58am Dec 22, 2010 9:58am
Quoting gsantri
I hear you lol.. but that's BIG
Who could resist..

Hey Magix what is your macd settings for 15 and H1 TF ?
Same as I have set in nene.tpl.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
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