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Cable Update (GBPUSD)

  • #268,601
  • Jan 14, 2011 1:13am Jan 14, 2011 1:13am
Quoting grashid
prim..i heard china going to increse thier rate if not today this weekend...u hear something?

possible big gap next open?
omg... i dont know bout that news...
but for possible gap open maybe it should...
Verily, in every difficulties there is relief
  • #268,602
  • Jan 14, 2011 1:14am Jan 14, 2011 1:14am
Quoting grashid
usually what i know gold vs USD have negatif correlation..gold drop mean USD stronger...u may offen chcek USDX trend in order to know some movement vs any USD pair as a guideline
however yesterday USD drop but gold drop ....mm..something interesting to me to find out too...

maybe Bel/Piter or eulogy or other sr may able to help and assist u....cheers
Many Thank's Bro...

Not ONLY 'USD drop but gold drop'
but 'GU Up but Euro drop' too... if NOT Wrong... in TWICE
Always looking the GREAT, never left GOOD Point...
  • #268,603
  • Jan 14, 2011 1:21am Jan 14, 2011 1:21am
Quoting Tsar
Many Thank's Bro...

Not ONLY 'USD drop but gold drop'
but 'GU Up but Euro drop' too... if NOT Wrong... in TWICE



gu i already mentioned carefull at 5656 then any close above it may change a medium term trend and now it does.... someone did send me an email asking for my help/opinion which i send him my chart then i posted that chart in my blog... u can find it by ur ownself later...eu..am not so sure it up but 1.33 nothing suprice to me...as some vol accumulation and few time testing @support area last few day make me think to aside from trading this 2 pair as something crazy may happen.

that is why i only play gold this week and aud last few day...the rest nothing interesting to me yet atm...maybe next week

but one things easy is... if u look at USDX trend u may smell that this GU n EU going to up.....n now USDX already done and as i told yesterday now is my time
  • #268,604
  • Jan 14, 2011 1:26am Jan 14, 2011 1:26am
Quoting primzvicious
im about going to friday prays

be back soon...

best of luck master G

hehehe,
good ideam master,,

have a nice day for your week end master,
only an analysis, and I'm always wrong, don't follow me,
  • #268,605
  • Jan 14, 2011 1:28am Jan 14, 2011 1:28am
Quoting primzvicious
omg... i dont know bout that news...
but for possible gap open maybe it should...
http://www.reuters.com/article/idUSBJB00402820110114

yuan intervence
  • #268,606
  • Jan 14, 2011 1:33am Jan 14, 2011 1:33am
am trying long in my demo.........
Attached Image (click to enlarge)
Click to Enlarge Name: USDX-H4.JPG Size: 197 KB
  • #268,607
  • Jan 14, 2011 1:40am Jan 14, 2011 1:40am
ok good luck guys...bb later in NY...
  • #268,608
  • Jan 14, 2011 1:44am Jan 14, 2011 1:44am
Long @ 1.5833
SL @ 1.5815
TP @ 1.5960

The win/loss ratio is pretty good.

I believe the upward trend is still on.
Lets see how it plays out.
  • #268,609
  • Jan 14, 2011 1:45am Jan 14, 2011 1:45am
Quoting grashid
gu i already mentioned carefull at 5656 then any close above it may change a medium term trend and now it does.... someone did send me an email asking for my help/opinion which i send him my chart then i posted that chart in my blog... u can find it by ur ownself later...eu..am not so sure it up but 1.33 nothing suprice to me...as some vol accumulation and few time testing @support area last few day make me think to aside from trading this 2 pair as something crazy may happen.

that is why i only play gold this week and aud last few day...the rest...

Yes... I know, I found GU posible DOWN at Price that's ( in Post #268442 )
I will Carefully. Thank's for your Advice.
Always looking the GREAT, never left GOOD Point...
  • #268,610
  • Jan 14, 2011 1:47am Jan 14, 2011 1:47am
Quoting Bernanke_Sr
Long @ 1.5833
SL @ 1.5815
TP @ 1.5960

The win/loss ratio is pretty good.

I believe the upward trend is still on.
Lets see how it plays out.
evin bernanke thinks that the usd is going down.

  • #268,611
  • Jan 14, 2011 1:53am Jan 14, 2011 1:53am
Quoting Bernanke_Sr
Long @ 1.5833
SL @ 1.5815
TP @ 1.5960

The win/loss ratio is pretty good.

I believe the upward trend is still on.
Lets see how it plays out.
what?? long at resistance and short at support...

no wonder US getting worst, this is how my Dear Mr Ben make a trading
  • #268,612
  • Jan 14, 2011 1:54am Jan 14, 2011 1:54am
G/M,

5884 yesterday's Hi,,...Monthly R1 pivot in the bottom 1/2 of the previous 4hr/daily/weekly swing hi zone...the pullback contained so far at 38.2% 5717-5883. The previous swing hbi zone mentioned extends to 5911 and more supply could be luking toward that previous swing hi if tested?

Uk data at 0930am gmt

G/L
ex member
  • #268,613
  • Jan 14, 2011 2:03am Jan 14, 2011 2:03am
Quoting Bernanke_Sr
Long @ 1.5833
SL @ 1.5815
TP @ 1.5960

The win/loss ratio is pretty good.

I believe the upward trend is still on.
Lets see how it plays out.
This time PRICE is SIDEWAYS....

Possible can go UP or go DOWN !!
Listen Masters Trader said if SIDEWAYS, do NOT Call for BUY or SELL.
Be Patient... Let see Price BREAK First to make Position...

G/L
Always looking the GREAT, never left GOOD Point...
  • #268,614
  • Jan 14, 2011 2:08am Jan 14, 2011 2:08am
€ making progress above yesterday's Hi...will cable build on the 5min hidden divergence and reciprocate?

G/L
Attached Image (click to enlarge)
Click to Enlarge Name: 0800 5min reentry 4 - Copy.gif Size: 15 KB
ex member
  • #268,615
  • Jan 14, 2011 2:13am Jan 14, 2011 2:13am
UK double dip fears rise as forecasters predict slow recovery
  • #268,616
  • Jan 14, 2011 2:20am Jan 14, 2011 2:20am
Quoting grashid
what?? long at resistance and short at support...

no wonder US getting worst, this is how my Dear Mr Ben make a trading
Attached Image (click to enlarge)
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Verily, in every difficulties there is relief
  • #268,617
  • Jan 14, 2011 2:24am Jan 14, 2011 2:24am
Cable struggling to hold on to gains, another dip to the overnight lo now...some demand there atm

Near-term 1hr screenshot is below...fibs are the 1main hr swings up from and including 5473 to that 5883 Hi...not shown are the main 4hr swings up from and including 5343 to same 5883 hi.

G/L
Attached Image
ex member
  • #268,618
  • Jan 14, 2011 2:29am Jan 14, 2011 2:29am
Taking a little short at 1.5840. UK news still to come out in 60 minutes so still indecision in the market.
  • #268,619
  • Jan 14, 2011 2:37am Jan 14, 2011 2:37am
No stopping € with upside breeches of all descending trend lines on daily t/f...remains above it's yesterday Hi atm.

Is it cable's leading indicator atm ? Time will tell today, Lol,

G/L
Attached Image (click to enlarge)
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ex member
  • #268,620
  • Jan 14, 2011 2:41am Jan 14, 2011 2:41am
Quoting LetsTrade
Taking a little short at 1.5840. UK news still to come out in 60 minutes so still indecision in the market.
Didn't really understand this with a 5min bullish thrust up off the 3rd test of the overnight low and a 15min bullish engulfing ? G/L with it though. It is stuck in this range between yesterday Hi and overnight Lo so anything can happen.

G/L
Attached Image (click to enlarge)
Click to Enlarge Name: 0830 15min pa trigger - Copy.gif Size: 15 KB
ex member
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