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Cable Update (GBPUSD)

  • #273,201
  • Edited 5:42am Mar 1, 2011 5:23am | Edited 5:42am
Quoting _BBKing_
what you think guys?
6230 comes on this h1?

me i think 6295 again

gosh... maybe is my buying pushin it up

got @6270 ask price
90% of traders use TA, indicators and prediction
  • #273,202
  • Mar 1, 2011 5:25am Mar 1, 2011 5:25am
Quoting pilotui
Here is what is going on...

hi
sorry on avafx i have not USDX charts
which broker is that?
do you know if on alpari they have it?
90% of traders use TA, indicators and prediction
  • #273,203
  • Mar 1, 2011 5:35am Mar 1, 2011 5:35am
Quoting javapips
you will laugh if i say the support..,but my resistance is near wormy first target..,not till 1.7 for me, too far..,


i can't give chart, so sorry..,maybe next time...the best for you..

it's ok....
thx to reply.

lot green pips for u!
  • #273,204
  • Mar 1, 2011 5:41am Mar 1, 2011 5:41am
Anybody looking for a double top here?
Twitter: @TrendersGame
  • #273,205
  • Mar 1, 2011 5:42am Mar 1, 2011 5:42am
Quoting Citiboy
Anybody looking for a double top here?
timeframeeeee?
Hero calls followed by margin calls...
  • #273,206
  • Mar 1, 2011 5:56am Mar 1, 2011 5:56am
I think we are still all good for long 200ma should help push up again
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  • #273,207
  • Edited 6:17am Mar 1, 2011 6:03am | Edited 6:17am
CABLE Retrice...

Check my Post in #273203 :nerd:
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Always looking the GREAT, never left GOOD Point...
  • #273,208
  • Mar 1, 2011 6:26am Mar 1, 2011 6:26am
Attached Image (click to enlarge)
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Hero calls followed by margin calls...
  • #273,209
  • Mar 1, 2011 6:33am Mar 1, 2011 6:33am
View:
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  • #273,210
  • Mar 1, 2011 7:24am Mar 1, 2011 7:24am
not a real breakout yet, im staying out untill i get a clear trend.
  • #273,211
  • Mar 1, 2011 7:35am Mar 1, 2011 7:35am
nice to be seen

http://www.dylanratigan.com/2011/02/...-street-greed/
  • #273,212
  • Mar 1, 2011 7:40am Mar 1, 2011 7:40am
Orbital, I got curious why do you think the breakouy starts at the point you have drawn? It is important for the fibs.
  • #273,213
  • Mar 1, 2011 7:44am Mar 1, 2011 7:44am
Quoting PoundTrader
not a real breakout yet, im staying out untill i get a clear trend.
look like the trend is gonna be down about 75 pips
  • #273,214
  • Mar 1, 2011 7:50am Mar 1, 2011 7:50am
Quoting Orbital
View:
Attachment
That demand area is mightily messy.

As per my post at the weekend (http://www.forexfactory.com/showthre...15#post4432315) we did get the classic stop hunt on this pair and I went short. Breakout traders must be feeling the pain now!

I am short on this pair (see daily chart below) and I have already scaled some of it out.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD.png Size: 33 KB


I am at work right now, but I will go in more detail tonight why the Services PMI on Thursday is the key news that will determine where this pair will go!

I agree with Wormie, we will see 1.7 rather than 1.48, but 1.55 is not out of the question. Everyone talks about price, but rarely do you see people talk about time!
  • #273,215
  • Mar 1, 2011 7:54am Mar 1, 2011 7:54am
Hi ALL,

I share m-Candles Indie.
It's uselles to know (SHADOW) H4 Candle move in LOWER TF like M5 / M15 / M30.
And you can CHANGE Sett in (SHADOW) H1 Candle.


Best Regards,
Tsar
Attached Image (click to enlarge)
Click to Enlarge Name: 2011-03-01_m-Candles.jpg Size: 101 KB
Attached File(s)
File Type: ex4 m-Candles.ex4   7 KB | 449 downloads
File Type: mq4 m-Candles.mq4   5 KB | 515 downloads
Always looking the GREAT, never left GOOD Point...
  • #273,216
  • Mar 1, 2011 8:01am Mar 1, 2011 8:01am
Quoting PoundTrader
look like the trend is gonna be down about 75 pips
Hi PT. How are things ? Am stuck in EUR - looking to come back - no clear pic for GBP - near Resistance but ......You think down ?
  • #273,217
  • Mar 1, 2011 8:09am Mar 1, 2011 8:09am
I am staying short for 1.6200..... Back to Daily Pivot.......
  • #273,218
  • Mar 1, 2011 8:22am Mar 1, 2011 8:22am
Quoting bbakker
That demand area is mightily messy.

As per my post at the weekend (http://www.forexfactory.com/showthre...15#post4432315) we did get the classic stop hunt on this pair and I went short. Breakout traders must be feeling the pain now!

I am short on this pair (see daily chart below) and I have already scaled some of it out.

Attachment

I am at work right now, but I will go in more detail tonight why the Services PMI on Thursday is the key news that will determine where this pair will go!

I agree with Wormie,...
Area certainly isnt pretty (my area) but its valid nonetheless, im favouring longs so i guess we will be at opposing ends
  • #273,219
  • Mar 1, 2011 8:26am Mar 1, 2011 8:26am
Quoting MartinMyster
Orbital, I got curious why do you think the breakouy starts at the point you have drawn? It is important for the fibs.
Simply speaking if you draw those lines and zoom into a smaller timeframe that was the "Zone" where the breakout started, so i know a lot of demand is sitting in that area, the way priceaction tests that demand will give you clues and insight into how much demand really is sitting down there, so far based on the reactions of 15m and 1hour the zone is weakening but i see a move to 6400 coming, not necessarily today, but within the week it should be feasible, assuming nfp doesnt fuck shit up.
  • #273,220
  • Mar 1, 2011 8:34am Mar 1, 2011 8:34am
Quoting fendi
I am staying short for 1.6200..... Back to Daily Pivot.......
aren't you forgetting something?

unless scalping, shorts are too risky imo.
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Thank You
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