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Cable Update (GBPUSD)

  • #277,861
  • Apr 28, 2011 9:20am Apr 28, 2011 9:20am
Quoting PoundTrader
im still short at 1.6523, s/l 1.6715, t/p 1.6287
got stop out at 1.6581, now im long 1.6617, t/p 1.6831
  • #277,862
  • Apr 28, 2011 10:14am Apr 28, 2011 10:14am
Quoting PoundTrader
got stop out at 1.6581, now im long 1.6617, t/p 1.6831
hello
i thought you closed before USA bernanke's speaking...
im also targetin 68 area
sincerely i dont like today's moves hope to hold it above 6630

lets see...
90% of traders use TA, indicators and prediction
  • #277,863
  • Apr 28, 2011 10:21am Apr 28, 2011 10:21am
Quoting _BBKing_
hello
i thought you closed before USA bernanke's speaking...
im also targetin 68 area
sincerely i dont like today's moves hope to hold it above 6630

lets see...
It tries to break down past 6630 a few times but something is holding it up. I have already closed my SHORT positions with small pips. Better safe than sorry.
  • #277,864
  • Apr 28, 2011 10:25am Apr 28, 2011 10:25am
oil going up just a bit......
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  • #277,865
  • Apr 28, 2011 10:26am Apr 28, 2011 10:26am
Quoting 0rPhioZ
It tries to break down past 6630 a few times but something is holding it up. I have already closed my SHORT positions with small pips. Better safe than sorry.
yes looks like another ranging forming 6630-6690

maybe all for tomorrow or next week.
gosh.
i hate ranges
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  • #277,866
  • Apr 28, 2011 10:28am Apr 28, 2011 10:28am
price unable to hold above 23.6% recent up
unable to hold upward trendline

'only' able to hold 6630
fast moves up n down let me think on hidden profit takin by bigs.

maybe not such hidden.....
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  • #277,867
  • Apr 28, 2011 10:30am Apr 28, 2011 10:30am
Quoting _BBKing_
price unable to hold above 23.6% recent up
unable to hold upward trendline

'only' able to hold 6630
fast moves up n down let me think on hidden profit takin by bigs.

maybe not such hidden.....
sorry here's the chart i look...
Attached Image
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  • #277,868
  • Apr 28, 2011 10:38am Apr 28, 2011 10:38am
Quoting _BBKing_
price unable to hold above 23.6% recent up
unable to hold upward trendline

'only' able to hold 6630
fast moves up n down let me think on hidden profit takin by bigs.

maybe not such hidden.....
I don't think bears will break down for the moment, but bulls can't raise it up easily either so we just need to wait for bulls to crumble. Although this one is ranging, the attempt to bring it down is evident. We'll probably see the winner late today or tomorrow.
  • #277,869
  • Apr 28, 2011 10:46am Apr 28, 2011 10:46am
im watch to get sign break
Attached Image (click to enlarge)
Click to Enlarge Name: eur.gif Size: 17 KB
be patient, self-belief and discipline... stay focus...
  • #277,870
  • Apr 28, 2011 10:51am Apr 28, 2011 10:51am
HS in m5-m15 TF
if closes candle below neckline (6630) we see 6600
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  • #277,871
  • Apr 28, 2011 10:57am Apr 28, 2011 10:57am
Noticed it earlier in the week but did not give it much thought because it is a Friday, but why is their a bank holiday for the GBP on Friday? And the JPY as well?
  • #277,872
  • Apr 28, 2011 11:02am Apr 28, 2011 11:02am
Quoting Astroman
Noticed it earlier in the week but did not give it much thought because it is a Friday, but why is their a bank holiday for the GBP on Friday? And the JPY as well?
Royal Wedding Day for british tomorrow ????
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  • #277,873
  • Apr 28, 2011 11:05am Apr 28, 2011 11:05am
Quoting Mrleeforex
Royal Wedding Day for british tomorrow ????
You could be right but I have no idea.
  • #277,874
  • Apr 28, 2011 11:36am Apr 28, 2011 11:36am
any ideas on where gu may be heading?
  • #277,875
  • Apr 28, 2011 11:44am Apr 28, 2011 11:44am
Quoting 00montie
any ideas on where gu may be heading?
I say down, but I said the same thing about 400 Pips ago.
  • #277,876
  • Apr 28, 2011 11:45am Apr 28, 2011 11:45am
Quoting _BBKing_
hello
i thought you closed before USA bernanke's speaking...
im also targetin 68 area
sincerely i dont like today's moves hope to hold it above 6630

lets see...
lets see where we go, good luck to all
  • #277,877
  • Apr 28, 2011 11:50am Apr 28, 2011 11:50am
Good day to you,

Although trend still up, we may see an attempt towards 1.6550. This number may change as time goes on. But that could be the level for the short term.

Regards
  • #277,878
  • Apr 28, 2011 12:01pm Apr 28, 2011 12:01pm
LBFEO
  • #277,879
  • Apr 28, 2011 12:06pm Apr 28, 2011 12:06pm
  • #277,880
  • Apr 28, 2011 12:18pm Apr 28, 2011 12:18pm
Quoting TauTrader
Good day to you,

Although trend still up, we may see an attempt towards 1.6550. This number may change as time goes on. But that could be the level for the short term.

Regards

Good Morning,

Can your opinion now is known as Top Sell sir? Or have to wait for the signal again as a confirmation? Signal is it sir? Please your opinion sir? And I ask you a lot to a private message and 2 questions on this board that you have not had time to respond, if I could please be views and direction.

Thank you.

Best Regards

San
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