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Cable Update (GBPUSD)

  • #269,641
  • Jan 24, 2011 2:08am Jan 24, 2011 2:08am
Quoting chazzle
counter trading this 15944
out for a couple...
  • #269,642
  • Jan 24, 2011 2:08am Jan 24, 2011 2:08am
Quoting chazzle
you closed 2nd part @ BE?
i was stopped out at bep +2 on the remainder actually

1. http://www.forexfactory.com/showpost...postcount=9069
Thank You
  • #269,643
  • Jan 24, 2011 2:09am Jan 24, 2011 2:09am
Quoting chazzle
out for a couple...
yup, sure looks like we're likely test 5910 level atm .. let's see ..
Thank You
  • #269,644
  • Jan 24, 2011 2:11am Jan 24, 2011 2:11am
Quoting wormboy
i was stopped out at bep +2 on the remainder actually

1. http://www.forexfactory.com/showpost...postcount=9069
ok - GL mate
  • #269,645
  • Jan 24, 2011 2:13am Jan 24, 2011 2:13am
Quoting chazzle
ok - GL mate
you too my friend. catch you later


p/s: why papa shango btw? hehe
Thank You
  • #269,646
  • Jan 24, 2011 2:15am Jan 24, 2011 2:15am
looks good on you chaz
Attached Image
Thank You
  • #269,647
  • Jan 24, 2011 2:17am Jan 24, 2011 2:17am
15944 is also Friday's fity - tempted to counter scalp again , but probably safer to re-enter short @ DP
  • #269,648
  • Jan 24, 2011 2:19am Jan 24, 2011 2:19am
Quoting wormboy
you too my friend. catch you later


p/s: why papa shango btw? hehe
Rockin the Voodoo style....
  • #269,649
  • Jan 24, 2011 2:19am Jan 24, 2011 2:19am
G/M

Pullback from Friday's Hi 6017 continues, price reaching 38.2% of the 5835-said 6017 high where hidden divergence on the 1hr t/f is building (?) 5942 is 50% of the Friday lo - hi, a 1hr/4hr swing.

Current near-term 1hr screenshot as below.

G/L
Attached Image (click to enlarge)
Click to Enlarge Name: z.jpg Size: 93 KB
ex member
  • #269,650
  • Jan 24, 2011 2:22am Jan 24, 2011 2:22am
Good day to you,

A test of levels lower than where we are right now,(1.5950 area) is very possible over the next day or 2. I'm thinking 1.5900/10 or even 1.5880/90. Topside may be limited to 1.6000 for now.

I will clear all shorts at the lower levels. Will then see where we are - but at this point - will then load long for run towards new highs.

All the best
  • #269,651
  • Jan 24, 2011 2:27am Jan 24, 2011 2:27am
Off Topic, but I think its a good RR on EU now.
  • #269,652
  • Jan 24, 2011 2:33am Jan 24, 2011 2:33am
Quoting gsantri
Off Topic, but I think its a good RR on EU now.
Morning GS - are you still holding last week's trade? (GU)
  • #269,653
  • Jan 24, 2011 2:38am Jan 24, 2011 2:38am
How many buyers in the zone shown ? (previous resistance = potential support on the 1hr t/f...50% of the Friday Lo-Hi there too.

G/L
Attached Image
ex member
  • #269,654
  • Jan 24, 2011 2:42am Jan 24, 2011 2:42am
Quoting chazzle
15944 is also Friday's fity - tempted to counter scalp again , but probably safer to re-enter short @ DP
took 15955
  • #269,655
  • Jan 24, 2011 2:48am Jan 24, 2011 2:48am
Quoting bbmac
How many buyers in the zone shown ? (previous resistance = potential support on the 1hr t/f...50% of the Friday Lo-Hi there too.

G/L
GU where direction today,?
What will the correction was, or will return to continue the trend,,?
only an analysis, and I'm always wrong, don't follow me,
  • #269,656
  • Jan 24, 2011 2:49am Jan 24, 2011 2:49am
Quoting bbmac
How many buyers in the zone shown ? (previous resistance = potential support on the 1hr t/f...50% of the Friday Lo-Hi there too.

G/L
Initially i was expecting a long bounce around DPIV, 1.596 level, but we broke through so i went short with tight SL. Now im wondering if were gonna get that bounce soon... Same possibly on EUR...
  • #269,657
  • Jan 24, 2011 2:50am Jan 24, 2011 2:50am
Quoting bbmac
How many buyers in the zone shown ? (previous resistance = potential support on the 1hr t/f...50% of the Friday Lo-Hi there too.

G/L

See-ing some demand emerging at that 50% of the Friday Lo-Hi 5865-6017, this previous 1hr swing lo x 3 zone could extend down to the 50% of the 5835-same 6017 Hi @ 5936.

1min regular bullish divergence play at that area mentioned, ...how strong are the buyers here or are there more deeper in the zone ?

Time will tell,

G/L
Attached Image
ex member
  • #269,658
  • Jan 24, 2011 2:54am Jan 24, 2011 2:54am
1hr hidden div at the lows shown below

G/L
Attached Image (click to enlarge)
Click to Enlarge Name: z.jpg Size: 75 KB
ex member
  • #269,659
  • Jan 24, 2011 2:55am Jan 24, 2011 2:55am
Quoting andelumut
GU where direction today,?
What will the correction was, or will return to continue the trend,,?
i thought u know the direction bro ( http://www.forexfactory.com/showpost...&postcount=979 )
not euphoria follower
  • #269,660
  • Jan 24, 2011 3:06am Jan 24, 2011 3:06am
Bounce from 50% Friday Lo-Hi 5865-6017 sees price challenge todays first 1hr pullback hi zone at 50% of the Friday Hi - current daily lo, 6017-5942.

G/L
ex member
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