people counting their pips...
Cable Update (GBPUSD)
- #277,181
- Apr 21, 2011 6:15am Apr 21, 2011 6:15am
- Joined Sep 2010 | Status: Life Time Member | 6,685 Posts
- #277,182
- Apr 21, 2011 6:16am Apr 21, 2011 6:16am
- Joined Sep 2010 | Status: Life Time Member | 6,685 Posts
- #277,184
- Apr 21, 2011 7:16am Apr 21, 2011 7:16am
- Joined Mar 2007 | Status: Trader | 8,618 Posts
Gone to a better place
- #277,187
- Apr 21, 2011 7:39am Apr 21, 2011 7:39am
- Joined Mar 2007 | Status: Trader | 8,618 Posts
Hi,
Does anyone agree cable may go up to 1.9050 area? or will continue bearish when the market open on monday?
Come on Quicksilver, that's a bit ambitious.
Wormboy is reckoning on 1.7, though.
Gone to a better place
- #277,189
- Apr 21, 2011 7:58am Apr 21, 2011 7:58am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
Hey! What do you think of those fib expansions we drew earlier?
not only that, all things said in those posts there around.
i didn't pick short near 6580 was scared about data comming and about the big bull of these days.
anyway, 6580-6600 till 6630 shud give another try to check if is good resistance area or if was only a usual "take profits" level
90% of traders use TA, indicators and prediction
- #277,190
- Apr 21, 2011 8:05am Apr 21, 2011 8:05am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
guys, so whats our next entry point to go LONG?? around 1.6370 or ???
all 6440-6390 area shud be good bulls lined up.
also near 6500 shud be lot of demand.
i could be wrong, hope some others will give opinions about
90% of traders use TA, indicators and prediction
- #277,191
- Apr 21, 2011 8:08am Apr 21, 2011 8:08am
if so down i think 6425 will give strong reasons
all 6440-6390 area shud be good bulls lined up.
also near 6500 shud be lot of demand.
i could be wrong, hope some others will give opinions about
- #277,192
- Apr 21, 2011 8:12am Apr 21, 2011 8:12am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
Come on Quicksilver, that's a bit ambitious.
on monthly chart 1.6730 looks so near........
200 pips from here and 1 week left .......
90% of traders use TA, indicators and prediction
- #277,193
- Apr 21, 2011 8:18am Apr 21, 2011 8:18am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
90% of traders use TA, indicators and prediction
- #277,194
- Apr 21, 2011 8:27am Apr 21, 2011 8:27am
- | Commercial User | Joined Feb 2010 | 2,739 Posts
price will return to 1.64 and 1.67 as I mentioned in the following 4 weeks.
we have 2 weeks to go to finish the 4 weeks interval.
2 weeks and we have BOE on the 5th of may.next week might be bear for EU and GU as most of the indies are overbought but the price will go back to 1.67 at least
longer term view is over 1.93 and 2.10 last stop untill we go really down
I see a 1.67 maxim 1.70 and drop of 600 pips minimum
then for the next 3 months we will see if we go up or down but if we go up and brake 1.7330 then the next stop is 1.93
my TP's for longs is 1.80 for now
I will close some of them in between at 1.67 and go short from 1.675X 1.68 to 1.61-62 area
we'll see for now I'll sit and wait and do some short intraday trades to make a living
- #277,195
- Apr 21, 2011 10:04am Apr 21, 2011 10:04am
- | Commercial User | Joined Feb 2010 | 2,739 Posts
now all I need is a dip at 1.6380 so I can buy some more
dip on EU as well is what I need as I still have my shorts in place and I want it to close 1.442-3
then buy again
I will keep buying with each dip and leave it there to maturate
what do you think guys will we see any under 1.64 before 1.67 or my waiting is in vain ?
dip on EU as well is what I need as I still have my shorts in place and I want it to close 1.442-3
then buy again
I will keep buying with each dip and leave it there to maturate
what do you think guys will we see any under 1.64 before 1.67 or my waiting is in vain ?
- #277,196
- Apr 21, 2011 10:15am Apr 21, 2011 10:15am
- Joined Jan 2010 | Status: Trader | 10,268 Posts
now all I need is a dip at 1.6380 so I can buy some more
dip on EU as well is what I need as I still have my shorts in place and I want it to close 1.442-3
then buy again
I will keep buying with each dip and leave it there to maturate
what do you think guys will we see any under 1.64 before 1.67 or my waiting is in vain ?
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return:
0.7%
- #277,197
- Apr 21, 2011 10:18am Apr 21, 2011 10:18am
- | Commercial User | Joined Feb 2010 | 2,739 Posts
i may be insane but i wish to see GU retest 1.60 areas again...
for now I hope for a 1.633-5X as a retrace.
if not I will be fine with 1.64 or 1.638X
Good day to you,
I use a normal chart and just switch to "line chart" - then look for areas where at least 2 points touch. 3 points touching are more important, 4 even better.
I mark these with horizontal lines.
Then switch back to bar chart and use these levels as possible target areas.
Regards
Good evening Tau Trader
I do not see if you have responded to my question. I am grateful for your response. Why did you recently have never even analysis GU rarely comment you back? I am every day looking for your analysis, would Where GU today because it is much bounce? I estimate GU will go down slightly but in how and when that's what I'm less good at analyzing it. Please you help me analyze. Is it true my understanding that GU will go down?
And Where? Thank you
- #277,199
- Apr 21, 2011 10:26am Apr 21, 2011 10:26am
it will my friend it will but only after 1.67 I am afraid
for now I hope for a 1.633-5X as a retrace.
if not I will be fine with 1.64 or 1.638X
Just wondered what time frame you were thinking this may happen in? next week or maybe a drop today looking at the possible close of the 4 hr?
thanks
- #277,200
- Apr 21, 2011 10:33am Apr 21, 2011 10:33am
- Joined Sep 2010 | Status: Life Time Member | 6,685 Posts
Yea. No prob as such except that I have to work harder - no more laziness !
