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Cable Update (GBPUSD)

  • #277,901
  • Apr 28, 2011 9:59pm Apr 28, 2011 9:59pm
Quoting radit27
im taking my 13pips great since in 15min chart resistance...im out for this moment....
always better bank profits in these market conditions !

i dont like daily candle. what do you think? can we see again 67 area today?
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  • #277,902
  • Apr 28, 2011 10:03pm Apr 28, 2011 10:03pm
Quoting _BBKing_
always better bank profits in these market conditions !

i dont like daily candle. what do you think? can we see again 67 area today?
Of course.
  • #277,903
  • Apr 28, 2011 10:05pm Apr 28, 2011 10:05pm
price out of hourly downward trendline.
would like to see reaction in 6670
Attached Image
90% of traders use TA, indicators and prediction
  • #277,904
  • Apr 28, 2011 10:12pm Apr 28, 2011 10:12pm
I see several triangles (several failure attempts to break 6600), ranging movement, no activity from London, today is Friday, and we will have Bernanke speaking again today. With that many factors, there will be breakout, unknown direction and it will probably very big if bearish. I will just view today's market, will not enter any position since it's pretty much gambling for me in this condition. I wish all participants today a Good Luck.
  • #277,905
  • Apr 28, 2011 10:19pm Apr 28, 2011 10:19pm
if open position for long due crazy factor...only 1lot...wish me luck in 4hrs shouw resistance i 1hrs chart will be breasih down 5min god...hard go up....hmmm....im may be im in stress mood....emotional over come on me
be patient, self-belief and discipline... stay focus...
  • #277,906
  • Apr 28, 2011 10:38pm Apr 28, 2011 10:38pm
hopfully moving up faster that what im thinking in my mind is 3rd wave....its true or not lets see
be patient, self-belief and discipline... stay focus...
  • #277,907
  • Apr 28, 2011 10:40pm Apr 28, 2011 10:40pm
Im long - 25 pips in profit and SL to BE - if it breaks through daily pivot and stays above I reckon we'll see .6700 - free trade for now so lets see where she goes
"Millionaires don't use astrology, billionaires do"
  • #277,908
  • Apr 28, 2011 11:04pm Apr 28, 2011 11:04pm
m5 TF look like when increase volumes, gbp go stronger.
but now volumes very thin...
90% of traders use TA, indicators and prediction
  • #277,909
  • Apr 28, 2011 11:13pm Apr 28, 2011 11:13pm
if we go down, i see 6621 - 6600 - 6580 - 6560
if we go up is 6670 - 6700 - 6730

a question guys, i see resistance in 6730. price went 6745. is it correct or my resistance line is wrong?
90% of traders use TA, indicators and prediction
  • #277,910
  • Apr 28, 2011 11:15pm Apr 28, 2011 11:15pm
Quoting _BBKing_
if we go down, i see 6621 - 6600 - 6580 - 6560
if we go up is 6670 - 6700 - 6730
Pick one or the other.

  • #277,911
  • Apr 28, 2011 11:17pm Apr 28, 2011 11:17pm
Quoting Astroman
Of course.
hello,
of course is better bankin profits?
or of course we will see 1.67?
90% of traders use TA, indicators and prediction
  • #277,912
  • Apr 28, 2011 11:17pm Apr 28, 2011 11:17pm
i think, the price will comeback to support at 1.6625
  • #277,913
  • Apr 28, 2011 11:20pm Apr 28, 2011 11:20pm
Quoting _BBKing_
hello,

or of course we will see 1.67?
I hope not.
  • #277,914
  • Apr 28, 2011 11:25pm Apr 28, 2011 11:25pm
follow the trend ... follow _BBKing_
The market will deceive you. Make your own judgement.
  • #277,915
  • Apr 28, 2011 11:30pm Apr 28, 2011 11:30pm
PA very bad last 24hours.

but... lookin in h1 i notice some important things:

price above downward trendline
RSI 4 cross RSI 13 (both above 50)
MACD is very near the kiss

possible test in 6670 then a sit on that trendline which contained price since 6740.
6634-6636 is a good old peak so now need to sit on it to go more up.

so..always the same. if we hold 6630 more up. 6600-6630 danger area (for me). below 6600 picture is more clear in down.
Attached Image (click to enlarge)
Click to Enlarge Name: gusdh1.gif Size: 22 KB
90% of traders use TA, indicators and prediction
  • #277,916
  • Apr 28, 2011 11:33pm Apr 28, 2011 11:33pm
im shorting from 1.6525?
  • #277,917
  • Apr 28, 2011 11:33pm Apr 28, 2011 11:33pm
Quoting ninjafx
follow the trend ... follow _BBKing_
yes trend is anyway strong up but somewhere need to stop and ranging happens
90% of traders use TA, indicators and prediction
  • #277,918
  • Apr 28, 2011 11:38pm Apr 28, 2011 11:38pm
Opened a short @.6649, [email protected], SL @.6675. Pls comment. Good pips to you.
  • #277,919
  • Apr 29, 2011 12:10am Apr 29, 2011 12:10am
Quoting Exciter135
Opened a short @.6649, [email protected], SL @.6675. Pls comment. Good pips to you.
hello
as i posted above, im waitin 6670 to test n 6635 again. here in the middle not clear. at least not very clear for me....

i still have long position to target 68 area. but im thinkin to stop it small pips below 6550
90% of traders use TA, indicators and prediction
  • #277,920
  • Apr 29, 2011 12:15am Apr 29, 2011 12:15am
m30 TF
ema200 is 6575
sma200 is 6555

both needs a test as m5 n m15 already did.
the matter is when? coz price can be lateral all today and will attract ema n sma near 6600

patience is today's key!
more than other days
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